We recently published an article titled Why These 10 Small-Cap Stocks Are Skyrocketing. In this article, we are going to take a look at where Intuitive Machines, Inc. (NASDAQ:LUNR) stands against the other small-cap stocks.
Wall Street is increasing its bet on small-cap stocks, suggesting that the sector will potentially outperform in 2025. The reasons behind this are simple. While stable rates will be one of the biggest tailwinds for small-cap names, analysts also expect stronger valuations and solid earnings growth from the sector in the year ahead. Most importantly, with expectations tied to the market broadening, investors and analysts are excited to see how the market conditions pan out for small caps.
Ten companies in diverse sectors such as the financials, healthcare, technology, and energy industries, locked in overall positive market gains due to supportive market conditions, macroeconomic environment, and growth potential. That said, let’s take a look at the 10 small-cap stocks that happen to be skyrocketing.
To come up with the 10 names, we only considered stocks with a market capitalization between $1 billion and $10 billion. We then shortlisted the stocks based on their performance in the past quarter and picked the top 10 with the highest 30-day return from December 16, 2024, to January 16, 2025.
A satellite being released from a launch vehicle, heading into space.
Intuitive Machines, Inc. (NASDAQ:LUNR)
30-day Return as of January 16, 2024: 48%
Intuitive Machines, Inc. (NASDAQ:LUNR) returned slightly over 48% in the past 30 days, going from $12.93 to $19.81 on January 16, 2024.
LUNR is a space exploration company based in Houston, Texas. Founded in 2013, Intuitive Machines, Inc. (NASDAQ:LUNR) is now among the rapidly growing companies in the industry. Its focus is on disrupting lunar access economics.
On January 7, the company completed its final lunar lander installation, thus marking Nokia’s cellular network as ready. The two companies have come together to deploy the first cellular network on the moon, an incredible update contributing to its popularity in the market.
Previously, in December, LUNR also secured additional contracts from NASA’s Near Space Network for direct-to-Earth services. The update enhanced LUNR’s position as a prominent partner in NASA’s projects to the moon, marketing LUNR as an emerging leader in space exploration.
Overall LUNR ranks 2nd on our list of the small-cap stocks that are skyrocketing right now. While we acknowledge the potential of LUNR as an investment, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LUNR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
