Needham & Company LLC Reaffirms “Buy” Rating for Karman (NYSE:KRMN)

Karman (NYSE:KRMN)‘s stock had its “buy” rating reissued by stock analysts at Needham & Company LLC in a research report issued on Thursday,Benzinga reports. They currently have a $125.00 price target on the stock. Needham & Company LLC’s target price would suggest a potential upside of 48.58% from the company’s current price.

A number of other research analysts also recently issued reports on the stock. BWS Financial restated a “sell” rating and issued a $37.00 price target on shares of Karman in a research report on Thursday, January 22nd. Piper Sandler raised shares of Karman from a “neutral” rating to an “overweight” rating and upped their price target for the company from $110.00 to $127.00 in a research report on Friday, March 6th. Raymond James Financial reiterated a “strong-buy” rating and set a $130.00 price target on shares of Karman in a report on Thursday, January 22nd. KeyCorp lifted their price objective on Karman from $80.00 to $122.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. Finally, Robert W. Baird upped their target price on Karman from $115.00 to $135.00 and gave the company an “outperform” rating in a research report on Friday, March 20th. One 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 company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $117.10.

Karman Stock Down 2.2%

Shares of NYSE:KRMN opened at $84.13 on Thursday. The firm has a market cap of $11.13 billion and a P/E ratio of 647.20. Karman has a 12-month low of $25.02 and a 12-month high of $118.38. The business has a fifty day simple moving average of $96.42 and a 200 day simple moving average of $82.15. The company has a quick ratio of 2.69, a current ratio of 2.86 and a debt-to-equity ratio of 1.27.

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of KRMN. Robert Wood Johnson Foundation acquired a new stake in shares of Karman in the 3rd quarter valued at about $70,488,000. Congress Asset Management Co. bought a new stake in Karman during the fourth quarter worth $24,212,000. Federated Hermes Inc. purchased a new position in Karman during the 3rd quarter worth $2,055,000. TimesSquare Capital Management LLC boosted its holdings in Karman by 361.7% during the 3rd quarter. TimesSquare Capital Management LLC now owns 1,546,905 shares of the company’s stock worth $111,687,000 after acquiring an additional 1,211,845 shares during the last quarter. Finally, Huntleigh Advisors Inc. bought a new stake in shares of Karman in the 3rd quarter worth $2,466,000.

Karman News Summary

Here are the key news stories impacting Karman this week:

• Positive Sentiment: Strong results and outlook — Karman reported Q4 revenue of $134.5M (up ~47.5% YoY), adjusted EPS inline at $0.11, a robust $800M backlog and guided to roughly 53% revenue growth for 2026 while expanding capacity and M&A plans. Article Title
• Positive Sentiment: Analyst bullishness — several firms reiterated or raised buy ratings and targets after results (Citigroup raised to $127, Needham reaffirmed at $125), signaling meaningful upside in some models. Benzinga
• Neutral Sentiment: Earnings in line with expectations — EPS matched consensus ($0.11) and management hosted a detailed call/slide deck providing revenue breakdowns by segment and margin commentary. Earnings Transcript
• Neutral Sentiment: Industry backdrop supportive — management calls current demand “generational” across missiles, hypersonics, space and related areas, which underpins medium-term revenue visibility but not long-term certainty. MarketBeat
• Negative Sentiment: Large post-earnings selloff — shares plunged after the report despite strong fundamentals, suggesting profit‑taking and concern about near‑term margin pressure from recent acquisitions. MarketBeat
• Negative Sentiment: Bear case from some analysts — BWS Financial reaffirmed a sell rating with a $37 target (large downside vs. current levels), highlighting valuation risk if growth slows. Benzinga
• Negative Sentiment: High valuation — the stock trades at very rich multiples, implying several years of sustained high growth; that leaves KRMN sensitive to any slowdown or margin compression. MarketBeat

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.