Karman (NYSE:KRMN) Research Coverage Started at Piper Sandler

Piper Sandler assumed coverage on shares of Karman (NYSE:KRMN) in a research report report published on Wednesday morning, Marketbeat.com reports. The brokerage issued a neutral rating and a $98.00 price objective on the stock.

Other research analysts have also recently issued reports about the stock. BWS Financial reaffirmed a “sell” rating and issued a $37.00 target price on shares of Karman in a report on Thursday. Truist Financial set a $118.00 price target on Karman in a report on Friday, January 9th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Karman in a report on Monday, December 29th. KeyCorp initiated coverage on Karman in a research report on Thursday, December 18th. They set an “overweight” rating and a $80.00 target price on the stock. Finally, Citigroup upped their target price on Karman from $123.00 to $125.00 and gave the company a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Karman presently has an average rating of “Moderate Buy” and a consensus target price of $98.67.

Karman Price Performance

Karman stock opened at $108.10 on Wednesday. The company has a market cap of $14.30 billion and a P/E ratio of 432.41. Karman has a one year low of $25.02 and a one year high of $116.90. The business has a fifty day moving average of $79.13 and a two-hundred day moving average of $68.56. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.69 and a current ratio of 2.86.

Karman (NYSE:KRMN) last announced its quarterly earnings results on Friday, November 7th. The company reported $0.10 earnings per share (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 during the quarter. During the same quarter in the prior year, the business earned $0.04 EPS. The business’s revenue for the quarter was up 41.7% compared to the same quarter last year.

Insiders Place Their Bets

In related news, insider Stephanie Sawhill sold 62,000 shares of Karman stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $63.93, for a total transaction of $3,963,660.00. Following the completion of the sale, the insider owned 504,939 shares in the company, valued at approximately $32,280,750.27. This trade represents a 10.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Jonathan Beaudoin sold 74,000 shares of the company’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $63.69, for a total transaction of $4,713,060.00. Following the completion of the transaction, the chief operating officer owned 666,861 shares in the company, valued at approximately $42,472,377.09. This trade represents a 9.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 251,000 shares of company stock valued at $15,419,170.

Institutional Trading of Karman

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Lexington Partners L.P. acquired a new position in shares of Karman during the 3rd quarter valued at about $319,861,000. Donaldson Capital Management LLC acquired a new stake in shares of Karman during the 3rd quarter worth $252,803,000. Schusterman Interests LLC purchased a new position in shares of Karman in the 3rd quarter worth $148,024,000. Vanguard Group Inc. boosted its holdings in Karman by 99.0% in the third quarter. Vanguard Group Inc. now owns 3,720,674 shares of the company’s stock valued at $268,633,000 after acquiring an additional 1,851,394 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in Karman by 2,745.0% in the third quarter. First Trust Advisors LP now owns 1,875,197 shares of the company’s stock valued at $135,389,000 after acquiring an additional 1,809,284 shares during the last quarter.

Key Karman News

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

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.