Karman (NYSE:KRMN – Free Report) had its price target hoisted by Citigroup from $125.00 to $127.00 in a research report released on Thursday,Benzinga reports. Citigroup currently has a buy rating on the stock.
A number of other analysts have also recently weighed in on KRMN. KeyCorp increased their price target on shares of Karman from $80.00 to $122.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $130.00 target price on shares of Karman in a report on Thursday, January 22nd. Truist Financial set a $118.00 target price on shares of Karman in a research note on Friday, January 9th. BWS Financial reissued a “sell” rating and set a $37.00 price target on shares of Karman in a report on Thursday, January 22nd. Finally, Robert W. Baird boosted their price target on Karman from $115.00 to $135.00 and gave the company an “outperform” rating in a research report on Friday, March 20th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Karman has a consensus rating of “Moderate Buy” and a consensus target price of $117.10.
Read Our Latest Stock Analysis on KRMN
Karman Price Performance
Karman (NYSE:KRMN – Get Free Report) last issued its quarterly earnings data on Wednesday, March 25th. The company reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11. Karman had a return on equity of 13.36% and a net margin of 3.68%.The company had revenue of $134.49 million for the quarter. The firm’s revenue for the quarter was up 47.5% compared to the same quarter last year.
Hedge Funds Weigh In On Karman
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC raised its stake in shares of Karman by 83.7% during the 4th quarter. GAMMA Investing LLC now owns 373 shares of the company’s stock worth $27,000 after buying an additional 170 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Karman by 889.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company’s stock valued at $28,000 after buying an additional 347 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new position in Karman during the third quarter worth $29,000. Kestra Advisory Services LLC acquired a new position in Karman during the fourth quarter worth $32,000. Finally, Huntington National Bank purchased a new position in Karman in the fourth quarter worth $32,000.
More Karman News
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.
Featured Stories
Receive News & Ratings for Karman Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Karman and related companies with MarketBeat.com's FREE daily email newsletter.
