Why Marvell Technology Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2024
0mins
Should l Buy LUNR?
Source: Benzinga
Marvell Technology Financial Results: Marvell Technology, Inc. shares surged 12.6% in pre-market trading after reporting third-quarter earnings of 43 cents per share and revenue of $1.52 billion, both exceeding analyst expectations.
Stock Movements: Several stocks experienced significant pre-market trading movements, with CN Energy Group gaining 151.8% and Oriental Rise Holdings dropping 44.4%, reflecting a mix of positive earnings reports and market reactions to recent announcements.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy LUNR?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on LUNR
Wall Street analysts forecast LUNR stock price to fall
10 Analyst Rating
8 Buy
1 Hold
1 Sell
Moderate Buy
Current: 32.090
Low
9.50
Averages
17.74
High
25.00
Current: 32.090
Low
9.50
Averages
17.74
High
25.00
About LUNR
Intuitive Machines, Inc. is a space technology, infrastructure, and services company. It is a provider and supplier of space products and services that enable sustained robotic and human exploration to the Moon, Mars, and beyond. Its services include delivery services, data transmission services, and infrastructure as a service. Its delivery services provide transportation and delivery of payloads, such as satellites, scientific instruments and cargo to various destinations in space, in addition to rideshare delivery and lunar surface access. Its data transmission services offerings include the collection, processing, and interpretation of space-based data, utilizing applications, such as command, control, communications, reconnaissance and prospecting. Its infrastructure as a service delivers space assets, performing tasks and making decisions without human intervention that are designed to perform essential functions, such as navigation, scientific data collection, and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Contract Award: Intuitive Machines has been selected by the U.S. Space Force for the Andromeda IDIQ contract, focusing on designing and deploying next-generation Space Domain Awareness capabilities to detect, track, and characterize objects in geosynchronous orbit, aiming to provide innovative and reliable mission solutions to maintain U.S. space superiority through 2030 and beyond.
- Acquisition Impact: This contract marks Intuitive Machines' first major selection following the acquisition of spacecraft manufacturer Lanteris Space Systems, which was announced on November 4, 2025, and completed for a total value of $800 million, including $450 million in cash and $350 million in common stock, demonstrating successful post-acquisition integration.
- Market Outlook: With the acquisition of the Andromeda contract, Intuitive Machines' market outlook has significantly improved, expected to drive further development in the space infrastructure sector, particularly in the context of increasing demand for space surveillance and security.
- Strategic Goals: The company is committed to supporting the long-term strategic objectives of the U.S. Space Force by providing advanced Space Domain Awareness solutions, ensuring a leading position in future space competition and further solidifying its market position in the aerospace industry.
See More
- Market Buzz from Partnership: Google's discussions with SpaceX regarding a collaboration for its 'Project Suncatcher' initiative have led to a 12% premarket surge in the DXYZ ETF, indicating strong investor interest in the space sector.
- Investor Confidence Boosted: DXYZ ETF's largest holding is SpaceX at 16.2% of its assets, while NASA ETF's 10% direct exposure to SpaceX has also garnered attention, reflecting a bullish sentiment towards space technology investments.
- IPO Prospects Attract Capital Inflows: With SpaceX potentially raising up to $75 billion in what could be the largest IPO in history, related stocks like LUNR and RKLB have also rallied, gaining 9% and 6% respectively, as investors anticipate significant market movements.
- Retail Investor Sentiment High: On Stocktwits, retail sentiment for DXYZ and NASA is described as 'extremely bullish', with users comparing the fund's portfolio to owning rights to legendary music acts, suggesting substantial growth potential ahead.
See More
- Contract Awarded: Intuitive Machines (LUNR) has been selected by the U.S. Space Force for the Andromeda IDIQ contract, tasked with designing and implementing next-generation Space Domain Awareness (SDA) capabilities, effective through 2030 and beyond, marking a significant shift from lunar exploration to national orbital security.
- Positive Market Reaction: Following the announcement, LUNR's stock rose marginally in after-hours trading, reflecting investor optimism regarding the contract, especially as the stock has soared 111% year-to-date, indicating strong market confidence in its growth potential.
- Intensifying Industry Competition: LUNR will compete with companies like Rocket Lab and Firefly Aerospace for similar commercial and defense contracts, particularly in the small-launch market and space sensor contracts, highlighting the increasing competitiveness of the space economy.
- Bullish Retail Sentiment: On the Stocktwits platform, retail sentiment for LUNR is deemed 'bullish' with high message volumes, as users widely regard the contract as a 'huge win' for LUNR, further bolstering investor confidence in its future performance.
See More
- Analyst Price Target Increase: Roth Capital raised its price target for Intuitive Machines (LUNR) from $25 to $35 while maintaining a 'Buy' rating, indicating strong growth potential as lunar spending rises and NASA increases its Moon mission cadence.
- Significant Revenue Growth Expected: Wall Street estimates that Intuitive Machines will achieve $205 million in revenue for Q1 2026, more than tripling year-on-year, although a projected loss of $0.07 per share shows improvement from last year's $0.09 loss, suggesting a recovery in business performance.
- NASA Contract Boosts Growth: In March, Intuitive Machines secured a $180.4 million contract from NASA for the delivery of seven science and technology payloads, enhancing its market position in space infrastructure and supporting future business expansion.
- Bullish Market Sentiment: Retail sentiment on Stocktwits for LUNR is trending bullish, with users predicting a potential 200% surge post-SpaceX IPO, reflecting strong investor confidence in the company's growth trajectory.
See More
- Market Growth Potential: The global space infrastructure market is projected to grow from approximately $174 billion in 2026 to over $373 billion by 2034, indicating strong investment appeal that could attract more capital into related companies.
- Intuitive Machines Acquisition: Intuitive Machines acquired Lanteris Space Systems for $800 million, enhancing its space infrastructure capabilities, with revenue expected to reach $900 million to $1 billion in 2026, showcasing its competitive edge and growth potential in the market.
- MDA Space Financial Performance: MDA Space reported record revenue of $1.6 billion in 2025, a 51% increase year-over-year, and expects revenue to range from $1.7 billion to $1.9 billion in 2026, indicating its profitability and market leadership in the space sector.
- Profitability Comparison: While Intuitive Machines anticipates rapid growth, MDA Space achieved a net income of $108.5 million in 2025, demonstrating its advantage in profitability, which may attract more conservative investors' attention.
See More
- Market Growth Potential: The global space infrastructure market is projected to grow from approximately $174 billion in 2026 to over $373 billion by 2034, indicating strong demand for space technology and infrastructure, which is attracting investor interest.
- Intuitive Machines Acquisition: Intuitive Machines acquired Lanteris Space Systems for $800 million, enhancing its space infrastructure capabilities, and expects revenue to reach between $900 million and $1 billion in 2026, demonstrating its competitiveness in a rapidly growing market.
- MDA Space Financial Performance: MDA Space reported record revenue of $1.6 billion in 2025, a 51% increase year-over-year, and expects revenue to range from $1.7 billion to $1.9 billion in 2026, indicating its profitability and market leadership in the space sector.
- Profitability and Growth Comparison: While MDA Space achieved a net income of $108.5 million in 2025, Intuitive Machines reported a net loss of over $100 million, yet the latter's rapid revenue growth potential makes it a noteworthy consideration for investors.
See More











