Karman (NYSE:KRMN) Hits New 12-Month High After Analyst Upgrade

Karman Holdings Inc. (NYSE:KRMN)’s stock price reached a new 52-week high during trading on Thursday after Citigroup raised their price target on the stock from $123.00 to $125.00. Citigroup currently has a buy rating on the stock. Karman traded as high as $117.72 and last traded at $111.5760, with a volume of 17313 shares traded. The stock had previously closed at $104.79.

A number of other research analysts have also issued reports on the company. Raymond James Financial reiterated a “strong-buy” rating and issued a $130.00 target price on shares of Karman in a report on Thursday. Piper Sandler started coverage on Karman in a research note on Wednesday. They issued a “neutral” rating and a $98.00 price objective for the company. KeyCorp began coverage on shares of Karman in a research note on Thursday, December 18th. They set an “overweight” rating and a $80.00 target price on the stock. Royal Bank Of Canada raised their target price on shares of Karman from $85.00 to $125.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Karman in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $98.67.

Insider Buying and Selling

In related news, COO Jonathan Beaudoin sold 74,000 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $63.69, for a total transaction of $4,713,060.00. Following the completion of the sale, the chief operating officer owned 666,861 shares in the company, valued at $42,472,377.09. The trade was a 9.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Michael Willis sold 115,000 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $58.63, for a total transaction of $6,742,450.00. Following the completion of the transaction, the chief financial officer owned 859,709 shares in the company, valued at $50,404,738.67. This represents a 11.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 251,000 shares of company stock worth $15,419,170 over the last 90 days.

Karman News Summary

Here are the key news stories impacting Karman this week:

• Positive Sentiment: Karman raised FY‑2026 revenue guidance to $700.0M–$715.0M (well above consensus of ~$579M), and updated FY‑2025 revenue guidance to ~$470–471M, signaling stronger forward growth that could justify higher valuation and lift near‑term expectations. Karman Space & Defense to Host Investor Conference Call Providing Further Details on Seemann and MSC Acquisition and Maritime Market Expansion, Updated Financial Expectations …
• Positive Sentiment: Karman’s Seemann & MSC deal is expected to improve access to U.S. Navy programs and boost 2026 results — a strategic M&A that increases addressable market in maritime defense. Karman: Seemann, MSC deal to boost access to US Navy programs, lift 2026 results
• Positive Sentiment: Citigroup bumped its price target to $125 and maintains a Buy — this endorsement (≈15.6% upside vs. the current price) provides a high‑profile bullish vote of confidence for Karman’s growth profile. Citigroup raises price target on Karman
• Neutral Sentiment: Analysts and news outlets are drilling into Karman’s place in aerospace/defense — sector comparisons and analyst insight pieces provide context but do not change fundamentals immediately. Analysts Offer Insights on Industrial Goods Companies: Knight Transportation (KNX), Karman Holdings Inc. (KRMN) and United Airlines Holdings (UAL)
• Neutral Sentiment: Performance roundups compare KRMN to peers (useful for relative positioning but not an immediate catalyst). Is Karman Holdings Inc. (KRMN) Outperforming Other Aerospace Stocks This Year?
• Negative Sentiment: Piper Sandler initiated coverage with a Neutral rating and $98 price target (≈9% below the current level), which can pressure sentiment given the lower target relative to recent prices. Piper Sandler initiates coverage of Karman Holdings (KRMN) with neutral recommendation
• Negative Sentiment: BWS Financial reaffirmed a Sell rating and a $37 price target (deep downside versus current levels), representing a clear bearish outlier that could weigh on sentiment if amplified. Karman had its “sell” rating reaffirmed by analysts at BWS Financial

Hedge Funds Weigh In On Karman

Several large investors have recently bought and sold shares of the stock. Millennium Management LLC purchased a new position in shares of Karman during the first quarter worth about $10,199,000. Goldman Sachs Group Inc. acquired a new stake in shares of Karman in the 1st quarter valued at about $17,371,000. Jane Street Group LLC purchased a new position in Karman during the 1st quarter worth approximately $532,000. Public Employees Retirement System of Ohio purchased a new position in Karman during the 2nd quarter worth approximately $414,000. Finally, Global Trust Asset Management LLC acquired a new position in Karman during the second quarter worth approximately $50,000.

Karman Stock Performance

The company has a market cap of $14.30 billion and a PE ratio of 432.41. The stock has a 50 day simple moving average of $79.13 and a two-hundred day simple moving average of $68.56. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.86 and a quick ratio of 2.69.

Karman (NYSE:KRMN) last announced its earnings results on Friday, November 7th. The company reported $0.10 EPS for the quarter, meeting analysts’ consensus estimates of $0.10. Karman had a net margin of 2.65% and a return on equity of 11.11%. The business had revenue of $121.79 million for the quarter. During the same period in the previous year, the firm earned $0.04 earnings per share. The business’s revenue was up 41.7% compared to the same quarter last year.

About Karman

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives. We estimate that no single program accounted for more than 10% of sales for the nine months ended September 30, 2024 or the twelve months ended December 31, 2023, with revenue from over 100 active programs supporting current production and next-generation space, missile, hypersonic, and defense applications.