Intuitive Machines is trading at $19.35, up +10.19%, after its August 13, 2026 earnings release reported a record $1.8 billion backlog.

  • New bookings contributed $920 million to the backlog.
  • Management reaffirmed 2026 revenue guidance of $900 million to $1 billion and expects positive adjusted EBITDA, outweighing quarterly revenue and earnings misses.
  • The broader market is only modestly higher, making company-specific earnings the primary catalyst.