Karman (NYSE:KRMN) Shares Down 11.5% – What’s Next?

Karman Holdings Inc. (NYSE:KRMN)’s share price was down 11.5% during mid-day trading on Thursday . The company traded as low as $89.73 and last traded at $88.1830. Approximately 1,667,298 shares changed hands during trading, a decline of 22% from the average daily volume of 2,144,566 shares. The stock had previously closed at $99.60.

Key Headlines Impacting Karman

Here are the key news stories impacting Karman this week:

• Positive Sentiment: Analysts raised and reaffirmed buy ratings with higher targets (Citigroup raised its target to $127; Needham reaffirmed Buy with a $125 target), signaling continued analyst confidence and ~40–43% upside vs. current levels. Article Title
• Positive Sentiment: Karman reiterated a bullish 2026 outlook: management expects ~53% revenue growth while expanding capacity and pursuing M&A, which supports faster future revenue expansion. Article Title
• Positive Sentiment: Q4/FY25 results: record revenue of $134.5M, up ~47.5% year-over-year, underscoring strong demand (especially defense backlog) that underpins the raised outlook. Article Title
• Neutral Sentiment: EPS of $0.11 matched consensus (no upside), and while revenue beat/strengthened guidance, the lack of an earnings beat may have tempered investor enthusiasm. Earnings Release
• Neutral Sentiment: Multiple analyst notes and summaries (TipRanks, Seeking Alpha transcripts, press presentations) provide detail on backlog and guidance — useful for investors but largely confirm existing bullish case. Article Title
• Negative Sentiment: Valuation appears rich (P/E ~352) after a strong run; coupled with EPS only meeting estimates, this likely triggered profit-taking and the intraday price decline. (Background: market data and ratios)
• Negative Sentiment: Some press framed results as “mixed” despite lifted outlook — mixed headlines can accelerate short-term selling even when fundamentals improve. Article Title

Analysts Set New Price Targets

A number of brokerages have commented on KRMN. BWS Financial restated a “sell” rating and issued a $37.00 target price on shares of Karman in a report on Thursday, January 22nd. Royal Bank Of Canada increased their price target on shares of Karman from $85.00 to $125.00 and gave the company an “outperform” rating in a report on Thursday, January 22nd. Citigroup lifted their price target on Karman from $125.00 to $127.00 and gave the stock a “buy” rating in a research report on Thursday. KeyCorp boosted their price objective on Karman from $80.00 to $122.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Karman in a research report on Monday, December 29th. 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 assigned a Sell rating to the company. According to data from MarketBeat, Karman presently has a consensus rating of “Moderate Buy” and a consensus target price of $117.10.

Karman Price Performance

The company has a quick ratio of 2.69, a current ratio of 2.86 and a debt-to-equity ratio of 1.27. The company has a market capitalization of $11.44 billion and a PE ratio of 345.84. The firm’s 50 day simple moving average is $97.37 and its 200 day simple moving average is $81.97.

Karman (NYSE:KRMN) last announced its earnings results on Wednesday, March 25th. The company reported $0.11 earnings per share for the quarter, meeting the consensus estimate of $0.11. The business had revenue of $134.49 million for the quarter. Karman had a net margin of 2.65% and a return on equity of 11.11%. Karman’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 added to or reduced their stakes in KRMN. Millennium Management LLC bought a new stake in Karman in the first quarter worth about $10,199,000. Goldman Sachs Group Inc. bought a new position in shares of Karman during the first quarter valued at approximately $17,371,000. Jane Street Group LLC purchased a new stake in shares of Karman in the first quarter worth approximately $532,000. Geode Capital Management LLC lifted its stake in shares of Karman by 69.4% during the 2nd quarter. Geode Capital Management LLC now owns 400,663 shares of the company’s stock worth $20,186,000 after acquiring an additional 164,207 shares during the last quarter. Finally, Swiss National Bank bought a new stake in shares of Karman during the 2nd quarter worth approximately $2,544,000.

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.