Karman (NYSE:KRMN) Stock Rating Reaffirmed as Overweight by Piper Sandler

Karman (NYSE:KRMN)‘s stock had its “overweight” rating reaffirmed by Piper Sandler in a research report issued to clients and investors on Friday, Benzinga reports. They currently have a $60.00 target price on the stock, up from their previous target price of $59.00. Piper Sandler‘s target price suggests a potential upside of 33.16% from the stock’s previous close.

Several other research firms also recently issued reports on KRMN. Weiss Ratings raised Karman from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Needham & Company LLC lowered their price target on Karman from $125.00 to $80.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Citigroup boosted their price target on Karman from $76.00 to $78.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Truist Financial cut their price objective on Karman from $118.00 to $85.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Finally, KeyCorp reduced their price objective on Karman from $100.00 to $65.00 and set an “overweight” rating for the company in a research note on Monday, November 2nd. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Karman currently has a consensus rating of “Moderate Buy” and an average price target of $73.00.

Karman Trading Up 40.4%

Shares of Karman stock opened at $45.06 on Friday. The firm’s 50 day simple moving average is $35.93 and its two-hundred day simple moving average is $62.50. The firm has a market capitalization of $5.97 billion, a price-to-earnings ratio of 115.54 and a beta of 0.45. Karman has a 12-month low of $29.34 and a 12-month high of $118.38. The company has a current ratio of 3.56, a quick ratio of 3.40 and a debt-to-equity ratio of 2.01.

Karman (NYSE:KRMN) last posted its quarterly earnings data on Friday, November 6th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.16 by $0.03. Karman had a net margin of 7.54% and a return on equity of 18.10%. The business had revenue of $201.62 million during the quarter. During the same quarter in the previous year, the firm posted $0.10 earnings per share. The company’s quarterly revenue was up 65.6% on a year-over-year basis. Analysts predict that Karman will post 0.63 EPS for the current year.

Insider Activity at Karman

In other Karman news, Director David Stinnett acquired 27,000 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were purchased at an average price of $37.32 per share, for a total transaction of $1,007,640.00. Following the completion of the purchase, the director directly owned 3,530,395 shares of the company’s stock, valued at $131,754,341.40. The trade was a 0.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 5.77% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust grew its position in Karman by 3,471.4% during the 2nd quarter. Parkside Financial Bank & Trust now owns 500 shares of the company’s stock worth $25,000 after purchasing an additional 486 shares during the period. CX Institutional acquired a new position in shares of Karman in the 2nd quarter valued at about $28,000. Tsfg LLC acquired a new position in shares of Karman in the 2nd quarter valued at about $30,000. Eurizon Capital SGR S.p.A. purchased a new stake in shares of Karman in the third quarter worth about $29,000. Finally, Wilkerson Advisory Group LLC purchased a new stake in shares of Karman in the first quarter worth about $77,000.

Key Karman News

Here are the key news stories impacting Karman this week:

• Positive Sentiment: Third-quarter adjusted EPS was $0.19, topping the $0.16 consensus estimate and doubling the year-ago $0.10. Revenue reached $201.62 million, up 65.6% year over year. Karman Q3 earnings and revenue beat estimates
• Positive Sentiment: Karman raised FY 2026 revenue guidance to $755 million–$760 million, above the $742.2 million analyst consensus. Its reported backlog of $1.7 billion adds support for the growth outlook. Karman’s revenue outlook and backlog
• Positive Sentiment: Piper Sandler reaffirmed its Overweight rating and raised its price target to $60 from $59. Piper Sandler rating update
• Negative Sentiment: Needham lowered its price target to $50 from $80, although it kept a Buy rating. The cut tempers the otherwise favorable analyst response to the results. Needham price-target update

Karman Company Profile

Karman Holdings Corp., doing business as Karman Space & Defense, is an aerospace and defense company that develops and manufactures mission-critical components, assemblies and structures. Its products are used in space-launch vehicles, missiles, hypersonic systems and other defense applications where performance, reliability and precision are essential.

The company’s capabilities include the production of composite and metallic structures, propulsion-related components, precision-machined parts and other highly engineered hardware.