Karman (NYSE:KRMN) Given New $127.00 Price Target at Citigroup

Karman (NYSE:KRMN) had its target price lifted by Citigroup from $125.00 to $127.00 in a research report sent to investors on Thursday,Benzinga reports. Citigroup currently has a buy rating on the stock.

A number of other research firms have also issued reports on KRMN. Royal Bank Of Canada boosted their target price on shares of Karman from $85.00 to $125.00 and gave the company an “outperform” rating in a research note on Thursday, January 22nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Karman in a report on Monday, December 29th. Raymond James Financial reiterated a “strong-buy” rating and set a $130.00 price objective on shares of Karman in a research report on Thursday, January 22nd. BWS Financial reissued a “sell” rating and issued a $37.00 price objective on shares of Karman in a report on Thursday, January 22nd. Finally, Truist Financial set a $118.00 target price on Karman in a research report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Karman currently has an average rating of “Moderate Buy” and an average price target of $117.10.

Karman Stock Performance

KRMN stock opened at $86.46 on Thursday. Karman has a 1 year low of $25.02 and a 1 year high of $118.38. The stock has a market capitalization of $11.44 billion and a price-to-earnings ratio of 665.12. 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 stock’s fifty day moving average is $96.91 and its two-hundred day moving average is $82.00.

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

Institutional Trading of Karman

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Invesco Ltd. lifted its stake in shares of Karman by 27.3% in the 4th quarter. Invesco Ltd. now owns 4,088,649 shares of the company’s stock worth $299,166,000 after acquiring an additional 877,462 shares during the period. Vident Advisory LLC bought a new position in shares of Karman in the fourth quarter valued at approximately $14,579,000. VARCOV Co. acquired a new position in shares of Karman during the fourth quarter valued at approximately $485,000. Polymer Capital Management US LLC bought a new stake in Karman during the fourth quarter worth approximately $569,000. Finally, Engineers Gate Manager LP bought a new stake in Karman during the fourth quarter worth approximately $241,000.

Karman News Summary

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

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.