Karman (NYSE:KRMN) Given New $127.00 Price Target at Citigroup

Karman (NYSE:KRMN) had its target price hoisted by stock analysts at Citigroup from $125.00 to $127.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Citigroup’s price target suggests a potential upside of 36.06% from the stock’s current price.

A number of other equities research analysts also recently weighed in on KRMN. Raymond James Financial reaffirmed a “strong-buy” rating and set a $130.00 price target on shares of Karman in a research note on Thursday, January 22nd. Needham & Company LLC restated a “buy” rating and set a $125.00 price target on shares of Karman in a research note on Thursday. Truist Financial set a $118.00 price objective on shares of Karman in a research note on Friday, January 9th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Karman in a report on Monday, December 29th. Finally, Evercore raised their target price on Karman from $110.00 to $125.00 and gave the company an “outperform” rating in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $117.10.

Karman Stock Down 6.3%

Shares of NYSE KRMN traded down $6.26 during mid-day 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 company has a debt-to-equity ratio of 1.27, a quick ratio of 2.69 and a current ratio of 2.86. The company has a market capitalization of $12.35 billion and a price-to-earnings ratio of 372.26. The stock has a fifty day moving average of $97.37 and a two-hundred day moving average of $81.97. Karman has a 12-month low of $25.02 and a 12-month high of $118.38.

Karman (NYSE:KRMN) last released its quarterly earnings data on Wednesday, March 25th. The company reported $0.11 earnings per share for the quarter, meeting the consensus estimate of $0.11. Karman had a net margin of 2.65% and a return on equity of 11.11%. The firm had revenue of $134.49 million for the quarter. The company’s revenue was up 47.5% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Invesco Ltd. boosted its stake in Karman by 27.3% during the 4th quarter. Invesco Ltd. now owns 4,088,649 shares of the company’s stock valued at $299,166,000 after purchasing an additional 877,462 shares during the period. Vident Advisory LLC bought a new stake in shares of Karman in the fourth quarter valued at approximately $14,579,000. VARCOV Co. acquired a new stake in shares of Karman in the fourth quarter worth $485,000. Polymer Capital Management US LLC bought a new position in Karman during the fourth quarter worth $569,000. Finally, Engineers Gate Manager LP acquired a new position in Karman during the 4th quarter valued at $241,000.

Key Stories Impacting Karman

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.