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Intuitive Machines stock drops 27% in October amid mixed outlook before Q3 earnings.

Market News
30 Oct 2026, 21:57 WIB
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Bearish
Intuitive Machines stock drops 27% in October amid mixed outlook before Q3 earnings.

Intuitive Machines' stock fell 27% in October, reflecting investor concerns despite strong revenue growth and a record backlog. The company, which builds lunar landers and provides government space services, faces pressure to convert contract awards into revenue and clarify its free cash flow timeline in the upcoming Q3 report. Bulls highlight expanding national security contracts and upcoming lunar missions, while bears worry about ongoing losses, cash burn, and reliance on a few large contracts. The Q3 earnings report will be crucial for investors deciding whether to hold or exit.

Intuitive Machines' stock price on Pluang is currently USD 10.46, down 10.49% in the last day as of Oct 31, 2026 02:11 WIB. The stock trades well below its 52-week high of USD 45.70 but above its 52-week low of USD 8.05. Despite the recent drop, Pluang investors show strong interest with 100% buy orders and a typical hold time of 10 days.

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