Karman (NYSE:KRMN) Price Target Raised to $127.00 at Citigroup

Karman (NYSE:KRMN) had its price objective increased by equities research analysts at Citigroup from $125.00 to $127.00 in a report released on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup’s target price suggests a potential upside of 36.06% from the company’s previous close.

Several other equities analysts have also recently issued reports on KRMN. Weiss Ratings reiterated a “hold (c-)” rating on shares of Karman in a research report on Monday, December 29th. Piper Sandler raised Karman from a “neutral” rating to an “overweight” rating and raised their target price for the company from $110.00 to $127.00 in a research note on Friday, March 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 target price on shares of Karman in a report on Thursday. Robert W. Baird boosted their price target on shares of Karman from $115.00 to $135.00 and gave the stock an “outperform” rating in a research report on Friday, March 20th. Finally, Raymond James Financial reissued a “strong-buy” rating and issued a $130.00 price target on shares of Karman in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $117.10.

Karman Price Performance

Shares of NYSE:KRMN traded down $6.26 during trading on Thursday, reaching $93.34. The company had a trading volume of 973,680 shares, compared to its average volume of 2,129,325. The firm’s fifty day moving average is $97.37 and its 200 day moving average is $81.97. 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 firm has a market capitalization of $12.35 billion and a PE ratio of 372.26. Karman has a twelve month low of $25.02 and a twelve month high of $118.38.

Karman (NYSE:KRMN) last posted its quarterly earnings data on Wednesday, March 25th. The company reported $0.11 EPS for the quarter, meeting analysts’ consensus estimates of $0.11. Karman had a net margin of 2.65% and a return on equity of 11.11%. The business had revenue of $134.49 million for the quarter. The company’s revenue was up 47.5% compared to the same quarter last year.

Institutional Investors Weigh In On Karman

Large investors have recently modified their holdings of the stock. GAMMA Investing LLC raised its position in shares of Karman by 83.7% during the fourth quarter. GAMMA Investing LLC now owns 373 shares of the company’s stock worth $27,000 after purchasing an additional 170 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Karman by 889.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company’s stock worth $28,000 after buying an additional 347 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new stake in Karman during the 3rd quarter worth about $29,000. Huntington National Bank acquired a new position in shares of Karman in the fourth quarter worth about $32,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of Karman in the fourth quarter worth approximately $32,000.

Karman News Roundup

Here are the key news stories impacting Karman this week:

• Positive Sentiment: Record revenue: Q4 revenue rose 47.5% year-over-year to $134.5M, driven by strength in space & defense, reinforcing top-line momentum. Business Wire: Q4 & FY2025 Results
• Positive Sentiment: Management guidance/upside: Karman expects ~53% revenue growth in FY2026 while expanding capacity and pursuing M&A, which signals accelerated growth and capacity to capture defense demand. Seeking Alpha: 53% 2026 Revenue Growth
• Positive Sentiment: Analyst support: Needham reaffirmed a Buy and kept a $125 price target (implies material upside vs. recent levels), underpinning investor confidence. TipRanks: Needham Reiterates Buy, $125 PT
• Positive Sentiment: Defense backlog & secular tailwinds: Coverage and media highlight a robust defense backlog and sector tailwinds (geopolitical demand), supporting sustained revenue growth. OCBJ: Q4 Sales Soar 47%
• Neutral Sentiment: EPS in line: Reported EPS of $0.11 met consensus — avoids a downside surprise but wasn’t an upside catalyst. MarketBeat: Earnings Summary & Call
• Neutral Sentiment: Analyst targets clustered above current price (another outlet shows ~$116.90), which can support further upside if guidance execution continues. AmericanBankingNews: Target Price Coverage
• Neutral Sentiment: Full documentation available: earnings call transcript and slide deck provide additional detail for modelers and are available for review. Seeking Alpha: Earnings Call Transcript
• Negative Sentiment: Valuation and margins: The stock trades at a very high trailing P/E (~416x) while net margin remains low (~2.7%) and debt/equity is ~1.27 — execution risk if growth slows or margins don’t expand. MarketBeat: Key Financials & Ratios

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.