Karman (NYSE:KRMN) Receives Buy Rating from Needham & Company LLC

Needham & Company LLC reissued their buy rating on shares of Karman (NYSE:KRMN) in a research note published on Thursday morning,Benzinga reports. They currently have a $125.00 price objective on the stock.

KRMN has been the subject of several other research reports. KeyCorp lifted their price target on Karman from $80.00 to $122.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. Truist Financial set a $118.00 price target on shares of Karman in a report on Friday, January 9th. Evercore boosted their price objective on shares of Karman from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Thursday, January 22nd. BWS Financial restated a “sell” rating and set a $37.00 price objective on shares of Karman in a report on Thursday, January 22nd. Finally, Robert W. Baird increased their target price on Karman from $115.00 to $135.00 and gave the stock an “outperform” rating in a research report on Friday, March 20th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Karman currently has an average rating of “Moderate Buy” and a consensus price target of $117.10.

Karman Stock Performance

Shares of KRMN opened at $86.46 on Thursday. Karman has a 1 year low of $25.02 and a 1 year high of $118.38. The company’s 50 day simple moving average is $96.91 and its 200 day simple moving average is $82.00. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.69 and a current ratio of 2.86. The company has a market capitalization of $11.44 billion and a price-to-earnings ratio of 665.12.

Karman (NYSE:KRMN) last announced its quarterly earnings data on Wednesday, March 25th. The company reported $0.11 EPS for the quarter, meeting analysts’ consensus estimates of $0.11. Karman had a return on equity of 13.36% and a net margin of 3.68%.The business had revenue of $134.49 million during the quarter. The firm’s quarterly revenue was up 47.5% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in KRMN. GAMMA Investing LLC raised its stake in shares of Karman by 83.7% in the 4th quarter. GAMMA Investing LLC now owns 373 shares of the company’s stock valued at $27,000 after purchasing an additional 170 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Karman by 889.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company’s stock worth $28,000 after purchasing an additional 347 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new position in Karman in the third quarter worth about $29,000. Huntington National Bank acquired a new position in Karman in the fourth quarter worth about $32,000. Finally, Kestra Advisory Services LLC bought a new stake in Karman in the fourth quarter valued at about $32,000.

Key Stories Impacting Karman

Here are the key news stories impacting Karman this week:

• Positive Sentiment: Company outlook and growth drivers — Management expects roughly 53% revenue growth for 2026, is expanding manufacturing capacity and pursuing M&A while citing a robust defense backlog that supports higher future revenue. Karman Holdings expects 53% revenue growth for 2026
• Positive Sentiment: Citigroup raised its price target to $127 and maintains a Buy rating, signaling analyst confidence and implying meaningful upside from current levels. Citigroup raises Karman price target to $127
• Positive Sentiment: Needham reiterated a Buy rating with a $125 target; analysts cite record FY25 results, a raised 2026 outlook and the defense backlog as reasons for continued bullishness. Needham reaffirms Buy and $125 target
• Neutral Sentiment: Q4/FY25 results — Revenue was a record $134.49M (up ~47.5% YoY), but EPS came in at $0.11, essentially meeting consensus; management provided slides and an earnings presentation for details. Karman Space & Defense Reports Fourth Quarter and Full Fiscal Year 2025 Financial Results
• Neutral Sentiment: Consensus/targets vary — some outlets show analysts clustering targets in the $116–$127 range, indicating continued upside in models but some dispersion in analyst conviction. Analysts Set Karman Holdings Inc. Target Price at $116.90
• Negative Sentiment: Valuation and profitability risk — Karman trades at a very high PE (reported ~345x) with a thin net margin (~2.6%), and EPS only matched estimates; that combination raises sensitivity to any slowdown or execution miss.
• Negative Sentiment: Market reaction and liquidity — trading volume is elevated versus average and the stock is trading lower today, suggesting profit-taking or short-term risk-off despite the positive guidance and analyst support. Karman stock quote and trading activity

Karman Company Profile

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.