Karman’s (KRMN) Buy Rating Reiterated at Needham & Company LLC

Karman (NYSE:KRMN)‘s stock had its “buy” rating restated 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 price objective indicates a potential upside of 25.51% from the company’s current price.

A number of other equities research analysts also recently weighed in on KRMN. Piper Sandler upgraded shares of Karman from a “neutral” rating to an “overweight” rating and raised their price target for the company from $110.00 to $127.00 in a research note on Friday, March 6th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Karman in a research report on Monday, December 29th. Citigroup restated a “buy” rating on shares of Karman in a research report on Thursday, February 19th. Robert W. Baird boosted their target price on shares of Karman from $115.00 to $135.00 and gave the stock an “outperform” rating in a research note on Friday, March 20th. Finally, BWS Financial reiterated a “sell” rating and set a $37.00 price target on shares of Karman in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Karman presently has an average rating of “Moderate Buy” and an average target price of $116.90.

Karman Price Performance

Shares of NYSE:KRMN opened at $99.60 on Thursday. The firm has a 50 day moving average of $97.37 and a 200-day moving average of $81.97. The stock has a market capitalization of $13.18 billion and a PE ratio of 398.39. The company has a current ratio of 2.86, a quick ratio of 2.69 and a debt-to-equity ratio of 1.27. Karman has a 12 month low of $25.02 and a 12 month high of $118.38.

Karman (NYSE:KRMN) last posted its quarterly earnings results on Wednesday, March 25th. The company reported $0.11 earnings per share (EPS) for the quarter, hitting 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%. The company’s revenue for the quarter was up 47.5% on a year-over-year basis.

Institutional Trading of Karman

Several institutional investors have recently modified their holdings of KRMN. Vanguard Group Inc. increased its holdings in Karman by 151.1% in the fourth quarter. Vanguard Group Inc. now owns 9,342,230 shares of the company’s stock valued at $683,571,000 after purchasing an additional 5,621,556 shares during the period. Lexington Partners L.P. acquired a new position in Karman during the 3rd quarter worth about $319,861,000. Invesco Ltd. grew its position in shares of Karman by 27.3% in the 4th quarter. Invesco Ltd. now owns 4,088,649 shares of the company’s stock valued at $299,166,000 after buying an additional 877,462 shares during the last quarter. Donaldson Capital Management LLC bought a new stake in shares of Karman in the 3rd quarter valued at about $252,803,000. Finally, State Street Corp increased its stake in shares of Karman by 35.0% in the fourth quarter. State Street Corp now owns 3,326,430 shares of the company’s stock valued at $243,395,000 after buying an additional 862,089 shares during the period.

Key Karman News

Here are the key news stories impacting Karman this week:

• Positive Sentiment: Karman guided to roughly 53% revenue growth for fiscal 2026 and said it will expand manufacturing capacity and pursue M&A to support that growth — a clear growth signal that can drive multiple expansion if execution continues. Karman Holdings expects 53% revenue growth for 2026 while expanding capacity and M&A activity
• Positive Sentiment: Q4/FY25 revenue came in at $134.5M, up 47.5% year-over-year (record sales), and management raised the outlook tied to defense backlog strength — the revenue momentum and backlog underpin near-term organic growth expectations. Karman Space & Defense Reports Fourth Quarter and Full Fiscal Year 2025 Financial Results
• Positive Sentiment: Analysts are bullish: Needham reiterated a Buy and kept a $125 price target after the beat and raised outlook; other coverage moved consensus targets into the $116–125 range, which supports further upside if guidance is met. Karman Holdings Inc.: Record FY25 Beat, Raised 2026 Outlook, and Robust Defense Backlog Underpin Buy Rating and $125 Target
• Positive Sentiment: Street targets lifted: a recent compilation shows an average target near $116.90, reflecting bullish analyst revisions after the quarter. Analysts Set Karman Holdings Inc. (NYSE:KRMN) Target Price at $116.90
• Neutral Sentiment: Earnings per share of $0.11 matched consensus; the quarter was top-line driven while EPS was in line, so upside is currently growth- rather than margin-driven. Karman Q4 Press Release / Slide Deck
• Neutral Sentiment: Management commentary and the full earnings call/slides are available for details on timing of capacity expansions and M&A — useful for assessing execution risk but not immediate catalysts by themselves. Karman Holdings Inc. (KRMN) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Valuation and profitability concerns: Karman trades at a very high EV/earnings multiple (PE ~398) with modest net margins (~2.7%), so disappointed execution or delayed margin improvement could trigger a sharp pullback. (Background company metrics cited in filings and market summaries.)
• Negative Sentiment: Some outlets flagged “mixed results”—top-line strength but margins and EPS not yet showing commensurate improvement—so the headline guidance carries execution risk that could temper gains if targets slip. Karman posts mixed results, lifts outlook on defense demand

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.