SG Americas Securities LLC Has $3.20 Million Position in Karman Holdings Inc. $KRMN
SG Americas Securities LLC significantly increased its stake in Karman Holdings Inc. by 559.2% in Q4, bringing its total holding to 43,751 shares valued at $3.20 million. Other major institutional investors like Lexington Partners and Vanguard Group Inc. also made substantial investments or increased their positions in Karman. The company recently reported strong Q4 financials, with revenue up 47.5% year-over-year and an EPS of $0.11, while analysts have a consensus "Moderate Buy" rating and a price target of $117.10.
Karman Holdings | 10-K: FY2025 Annual Report
This document is the official 10-K Annual Report for Karman Holdings for the fiscal year 2025. It contains comprehensive financial statements, business operations, risk factors, and other disclosures required by the SEC for public companies.
Karman Holdings (KRMN) CEO Jon Rambeau submits initial Form 3
Karman Holdings Inc. CEO Jon Rambeau has filed an initial Form 3, an SEC document indicating his beneficial ownership upon becoming an insider. The filing, which is a standard procedure for new officers, shows no reported buy, sell, acquisition, or disposition transactions for KRMN shares, nor any listed derivative positions at this time. This Form 3 serves as an initial inventory of his holdings, providing transparency for investors.
Evercore ISI reiterates Karman stock rating after filing delay
Evercore ISI has reiterated an Outperform rating and a $125 price target for Karman Holdings Inc (NYSE:KRMN) despite the company announcing a delay in filing its 10-K annual report. The firm views the delay as procedural rather than fundamental, anticipating no material changes to financial information. Analysts widely expect Karman to be profitable this year, with Piper Sandler, KeyBanc, and Truist Securities also maintaining positive ratings, while BWS Financial holds a Sell rating due to cash flow concerns.
Karman Holdings | NT 10-K: Others
This entry for Karman Holdings indicates an NT 10-K filing, which is a notification to the SEC that the company is unable to file its annual report on time. The "Others" designation suggests further details or specific reasons for the delay would be found within the filing itself.
[NT 10-K] Karman Holdings Inc. SEC Filing
Karman Holdings Inc. (KRMN) has filed a Notification of Late Filing (Form 12b-25) with the SEC, stating it requires additional time to complete audit procedures for its annual report (Form 10-K) for the period ended December 31, 2025. The company anticipates filing within the 15-calendar-day extension and does not foresee material changes to the financial information previously disclosed in its Form 8-K on March 25, 2026. This extension is primarily administrative, related to the timing of audit completion.
Karman Holdings Inc (KRMN) Shares Up 6.62% on Apr 1
Shares of Karman Holdings Inc (KRMN) rose 6.62% on April 1st, reaching an intraday high of $86.46 and closing at $85.35. This places the stock significantly above its 52-week low and beneath its 52-week high, with above-average trading volume. Wall Street analysts maintain an "Outperform" rating for KRMN, with an average target price of $117.10, suggesting a potential upside of 37.20%.
539,600 Shares in Karman Holdings Inc. $KRMN Purchased by Zevenbergen Capital Investments LLC
Zevenbergen Capital Investments LLC has acquired a new stake of 539,600 shares in Karman Holdings Inc. (NYSE:KRMN) during the fourth quarter, valued at approximately $39.48 million. This purchase represents about 0.41% ownership of the company. Karman has a consensus "Moderate Buy" rating from analysts with an average target price of $117.10, and recently reported Q1 revenues of $134.49 million, a 47.5% year-over-year increase.
Karman Holdings Signals Aggressive Growth After Record Year
Karman Holdings Inc. (KRMN) announced record financial results for Q4 2025 and the full year, with significant increases in revenue, profit, and backlog exceeding $1 billion. The company is pursuing aggressive growth targets for 2026, driven by strong defense demand, strategic acquisitions, and manufacturing expansion. Despite near-term challenges from contract timing and integration, Karman aims to balance expansion with debt reduction.
Karman Holdings (KRMN) Is Down 15.4% After Raising 2026 Revenue Guidance And Backlog Tops US$1 Billion - Has The Bull Case Changed?
Karman Holdings (KRMN) recently reported strong Q4 2025 results, with sales of US$134.49 million and net income of US$7.71 million, bringing full-year sales to US$471.50 million. The company has also raised its 2026 revenue guidance to US$715 million–US$730 million, driven by a funded backlog exceeding US$1 billion and strategic acquisitions enhancing its space and defense capabilities. While this indicates strong demand and near-term growth, the article emphasizes that investors should also consider execution risks related to integrating acquisitions and new facilities, as well as potential margin pressure and increased leverage.
Karman Holdings (KRMN) Is Down 15.4% After Raising 2026 Revenue Guidance And Backlog Tops US$1 Billion - Has The Bull Case Changed?
Karman Holdings (KRMN) experienced a 15.4% stock drop despite raising its 2026 revenue guidance to US$715 million–US$730 million and its funded backlog exceeding US$1 billion. The company reported strong 2025 results with sales of US$471.50 million and net income of US$17.37 million. This development intensifies focus on the company's ability to integrate recent acquisitions and manage potential margin pressure, while remaining a key player in U.S. defense and space spending.
Analysts’ Top Industrial Goods Picks: Vertical Aerospace (EVTL), Karman Holdings Inc. (KRMN)
This article highlights bullish analyst ratings for three industrial goods companies: Vertical Aerospace (EVTL), Karman Holdings Inc. (KRMN), and Firefly Aerospace, Inc. Analysts from Canaccord Genuity, Piper Sandler, and Cantor Fitzgerald maintained Buy ratings for these companies, citing significant upside potential from current stock levels. The report details target prices and analyst success rates for each company.
Analysts’ Top Industrial Goods Picks: Vertical Aerospace (EVTL), Karman Holdings Inc. (KRMN)
This article highlights bullish analyst ratings for three industrial goods companies: Vertical Aerospace (EVTL), Karman Holdings Inc. (KRMN), and Firefly Aerospace, Inc. Austin Moeller from Canaccord Genuity maintained a Buy rating on Vertical Aerospace with a $9.50 price target. Clarke Jeffries from Piper Sandler maintained a Buy rating on Karman Holdings Inc. with a $127.00 price target, and Cantor Fitzgerald analyst Colin Canfield reiterated a Buy rating on Firefly Aerospace, Inc. setting a $35.00 price target.
BWS Financial cuts Karman Holdings stock rating on cash flow concerns
BWS Financial has reiterated a Sell rating on Karman Holdings Inc. due to ongoing concerns about its free cash flow and rising contract assets. Despite the company reporting positive net profit and adjusted EBITDA, its levered free cash flow remained negative, and its adjusted EBITDA margin guidance was lowered. This contrasts with other analysts who maintain positive outlooks, citing record revenue and strong defense demand for Karman Holdings.
Vanguard disaggregates holdings; KRMN shows 0 shares (KRMN)
The Vanguard Group filed an amended Schedule 13G/A for Karman Holdings Inc. (KRMN), reporting zero shares beneficially owned and 0% ownership. This change is due to an internal realignment on January 12, 2026, where Vanguard will now report certain subsidiaries separately, as per SEC Release No. 34-39538. The filing indicates a disaggregation of reporting rather than a sale of shares.
KeyBanc reiterates Karman Holdings stock rating on defense growth
KeyBanc has maintained its Overweight rating and $122.00 price target for Karman Holdings Inc. (NYSE:KRMN) following strong Q4 fiscal 2025 earnings, driven by significant revenue growth in defense programs. Despite recent stock fluctuations, KeyBanc anticipates continued benefit from missile inventory replenishment and increased investment in space programs, supported by a robust aerospace and defense market. Other analysts from Truist Securities, Piper Sandler, and William Blair also reiterated positive ratings, citing revenue beats, acquisition progress, and strong defense demand.
Karman Holdings (KRMN) Is Down 15.4% After Raising 2026 Revenue Guidance And Backlog Tops US$1 Billion - Has The Bull Case Changed?
Karman Holdings saw its stock drop 15.4% despite raising its 2026 revenue guidance to US$715 million–US$730 million and announcing a backlog exceeding US$1 billion. The company reported strong Q4 2025 results and full-year 2025 sales of US$471.50 million, benefiting from acquisitions that boosted its space and defense capabilities. This update raises questions about the investment narrative and potential execution risks associated with integrating new facilities and acquisitions at scale.
Stonehage Fleming Financial Services Holdings Ltd Takes Position in Karman Holdings Inc. $KRMN
Stonehage Fleming Financial Services Holdings Ltd has acquired a new position in Karman Holdings Inc. (NYSE:KRMN) during the fourth quarter, purchasing 88,667 shares valued at approximately $6.49 million. This investment represents 0.2% of Stonehage Fleming's portfolio and makes Karman its 26th largest holding. Analysts are generally bullish on Karman, with multiple upgrades and price targets ranging from $116 to $130, supported by expected 53% revenue growth in 2026 and a strong defense backlog, though the company faces risks from high valuation and thin profitability.
KeyBanc Maintains Karman Holdings(KRMN.US) With Buy Rating, Maintains Target Price $122
KeyBanc has reiterated its Buy rating for Karman Holdings (KRMN.US) and maintained its target price at $122. This indicates a continued positive outlook from the investment firm regarding the company's stock performance.
Truist reiterates Buy on Karman Holdings stock, cites missile ramp
Truist Securities reiterated a Buy rating on Karman Holdings Inc (NYSE:KRMN) with a $118.00 price target after the company's strong fourth-quarter fiscal 2025 results, which included beating revenue expectations and raising its 2026 outlook. The company is expanding production capacity and its workforce to support increasing missile production, with a total backlog of $801 billion providing significant revenue visibility. Other analysts like Piper Sandler and William Blair also maintain positive ratings, highlighting confidence in Karman Holdings' strategic direction and growth in the defense sector.
William Blair reiterates Karman Holdings stock rating on strong defense demand
William Blair has reiterated an Outperform rating on Karman Holdings Inc. (NYSE:KRMN) after the company reported strong fourth-quarter results and raised its fiscal 2026 guidance, driven by increased demand in missile, drone, and space launch systems. Despite impressive organic growth and EBITDA margins, InvestingPro analysis suggests the stock might be overvalued. The company's fourth-quarter revenue was $134 million, a 47% increase year-over-year, although adjusted EPS of $0.11 slightly missed the forecasted $0.13.
Karman Holdings Inc reports results for the quarter ended September 30 - Earnings Summary
Karman Holdings Inc has reported its earnings results for the quarter that ended on September 30. The article provides a summary of these earnings.
Earnings call transcript: Karman Holdings Q4 2025 sees revenue surge, stock dips
Karman Holdings reported a 47% year-over-year revenue increase to $134 million in Q4 2025, with a record backlog of $801 million. Despite a slight miss on adjusted EPS at $0.11, the company's stock, after an initial dip, rose in aftermarket trading. The earnings call highlighted strategic acquisitions, capacity expansion plans, and a positive outlook for demand in the defense and space sectors, though some contract delays and timing uncertainties for future growth were acknowledged.
Karman tops $1B backlog as missile and space demand accelerates
Karman Space & Defense reported strong fourth-quarter and full fiscal year 2025 financial results, with significant increases in revenue and net income, alongside a record backlog of over $1 billion as of March 20, 2026. The company completed its IPO and several strategic acquisitions, raising its 2026 outlook. This growth is driven by accelerating demand in missile and space programs, positioning Karman for continued expansion in national defense and the space economy.
Earnings Flash (KRMN) Karman Holdings, Inc. Reports Q4 Revenue $134.5M, vs. FactSet Est of $132.6M
Karman Holdings, Inc. (KRMN) announced its Q4 revenue reached $134.5 million, surpassing FactSet's estimated $132.6 million. The article, primarily an earnings flash, also highlights several recent company news items, including credit agreement amendments, CEO changes, and production capacity expansion.
Karman Holdings (NYSE: KRMN) posts record 2025 growth and raises 2026 revenue and EBITDA guidance
Karman Holdings Inc. (NYSE: KRMN) reported record financial results for the fourth quarter and full fiscal year 2025, driven by strong growth in hypersonics, space, and tactical missile markets. The company posted full-year revenue of $471.5 million (up 36.6%) and adjusted EBITDA of $145.3 million (up 36.9%), while also raising its 2026 guidance to revenues between $715 million and $730 million and adjusted EBITDA between $207 million and $218 million. This positive outlook is supported by a robust backlog exceeding $1 billion as of March 20, 2026, and strategic acquisitions expanding its market reach.
Karman Holdings Inc options imply 7.8% move in share price post-earnings
Options trading for Karman Holdings Inc (KRMN) suggests a 7.8% movement in its share price following the release of its earnings report. This implied volatility, derived from a normal pre-earnings options volume where call options outnumber puts 7:3, indicates a potential move of approximately $8.16. The anticipated move is higher than the median 5.7% observed over the previous eight quarters.
Karman Holdings Inc (KRMN) Trading 3.52% Higher on Mar 25
Karman Holdings Inc (KRMN) saw its shares surge 3.52% to $105.43 on March 25, trading below its 52-week high but significantly above its 52-week low. Wall Street analysts maintain an "Outperform" rating for KRMN with an average target price of $116.90, suggesting a potential upside of 10.88%. The stock's trading volume for the day was 590,818 shares, which is 27.2% of its average daily volume.
330,898 Shares in Karman Holdings Inc. $KRMN Purchased by Congress Asset Management Co.
Congress Asset Management Co. recently acquired 330,898 shares of Karman Holdings Inc. (NYSE:KRMN) valued at approximately $24.21 million in Q4, signaling increasing institutional interest. Other major institutional investors like Vanguard and Lexington Partners have also significantly increased their stakes. Analysts maintain a "Moderate Buy" consensus and a price target of $116.90 for Karman Holdings, which specializes in mission-critical systems for defense and space programs.
5 Stocks In The Spotlight: Wall Street's Most Accurate Analysts Weigh In
U.S. stocks closed lower on Friday, marking their fourth consecutive losing week, amidst ongoing concerns about the U.S.-Israel conflict with Iran. This article highlights five stocks that leading Wall Street analysts, identified for their accuracy by Benzinga Analyst Stock Ratings, have recently made picks on, including Jabil, Sandisk, Karman Holdings, Micron Technology, and Viavi Solutions. For each stock, the article details the analyst firm, their accuracy rating, the latest rating and price target changes, a brief upside projection, and recent company news.
New CEO at Fast-Growing Karman Space & Defense in HB
Jon Rambeau has been appointed as the new CEO of Karman Space & Defense, succeeding Tony Koblinski, who is retiring. Karman, with a market cap of nearly $14 billion, is a significant player in the military and aerospace sectors, and Rambeau aims to strengthen national defense and advance space exploration. The company recently announced plans to expand into underwater systems and open a new facility in Salt Lake City to increase production capacity.
5 Stocks In The Spotlight: Wall Street's Most Accurate Analysts Weigh In
The article highlights new stock picks from five of Wall Street's most accurate analysts, as identified by Benzinga Analyst Stock Ratings. These analysts, with accuracy ratings ranging from 85% to 88%, have issued updated ratings and price targets for companies including Jabil Inc. (JBL), Sandisk Corporation (SNDK), Karman Holdings Inc. (KRMN), Micron Technology Inc (MU), and Viavi Solutions Inc. (VIAV), with accompanying recent company news. The picks offer potential upside for investors, despite a recent downturn in U.S. markets.
Karman Holdings Inc. (NYSE:KRMN) Receives Average Recommendation of "Moderate Buy" from Brokerages
Karman Holdings Inc. (NYSE:KRMN) has received an average recommendation of "Moderate Buy" from eleven analysts, with an average 12-month price target of $116.90. The company's stock opened at $99.31, has a market capitalization of $13.14 billion, and a P/E ratio of 397.25. Recent institutional investor activity shows new stakes by Goldman Sachs and Millennium Management, and a significant increase by Geode Capital Management.
Here’s Why TimesSquare Capital Management U.S. Focus Growth Strategy’s Bet on Karman Holdings (KRMN)
TimesSquare Capital Management's U.S. Focus Growth Strategy initiated a position in Karman Holdings Inc. (NYSE: KRMN) during Q4 2025, identifying it as a crucial provider in defense and commercial space industries. The investment firm believes Karman Holdings is well-positioned despite recent stock weakness, supporting defense stockpile replenishment and commercial satellite expansion. The strategy highlighted Karman's role as a "picks-and-shovels" provider given its design and manufacturing of mission-critical systems.
Victory Extended Market Index Fund's Karman Holdings Inc(KRMN) Holding History
This article details the Victory Extended Market Index Fund's investment in Karman Holdings Inc (KRMN). As of October 31, 2025, the fund held 11,644 shares valued at $980,890, representing 0.13% of its portfolio. The fund has made two purchases of KRMN since Q3 2025, with an estimated gain of 78.61% on its holdings.
5 Best Space Exploration Stocks to Buy According to Analysts
The article highlights Karman Holdings Inc. (NYSE:KRMN) as a top space exploration stock, noting Needham's Buy rating and $125 price target. Karman Holdings is expanding its production capacity with a new facility in Utah for loitering missiles and solid rocket motor nozzles, supported by over $15 million in investment and a $5 million grant. The company specializes in mission-critical systems for space, missile, and hypersonic programs and is expected to exceed its 25% organic revenue growth due to accelerating U.S. defense spending.
Needham Initiates Karman Holdings (KRMN) With Buy Rating
Needham initiated coverage of Karman Holdings (KRMN) with a Buy rating and a $125 price target, citing the company's critical role as a supplier of mission-critical subsystems and a potential $100 billion opportunity across space, maritime, and unmanned defense sectors. The firm anticipates Karman Holdings will surpass its 25% organic revenue growth target, propelled by accelerating U.S. defense spending. Additionally, Karman Holdings announced the opening of a new facility in Utah to boost production of loitering missiles, counter-UAS launch systems, and solid rocket motor nozzles.
Fred Alger Management LLC Acquires New Shares in Karman Holdings Inc. $KRMN
Fred Alger Management LLC has acquired a new position in Karman Holdings Inc. (NYSE:KRMN), purchasing 154,588 shares valued at approximately $11.16 million, representing about 0.12% of the company. Other institutional investors like Fortress Investment Group and Bank of America have also significantly increased their stakes. Several analysts have raised their price targets and ratings for Karman, contributing to a "Moderate Buy" consensus and an average price target of $108.40.
Cinctive Capital Management LP Buys Shares of 28,652 Karman Holdings Inc. $KRMN
Cinctive Capital Management LP has acquired 28,652 shares of Karman Holdings Inc. (NYSE:KRMN) in the third quarter, valued at approximately $2.069 million, making it a new position for the fund. Other institutional investors also adjusted their holdings in Karman, with several increasing their stakes. Karman Holdings Inc. is a company specializing in mission-critical systems for missile, defense, and space programs, and has received varied analyst ratings, resulting in a "Moderate Buy" consensus.
600,000 Shares in Karman Holdings Inc. $KRMN Bought by Fortress Investment Group LLC
Fortress Investment Group LLC has acquired a new position of 600,000 shares in Karman Holdings Inc. (NYSE:KRMN), valued at approximately $43.3 million, making it their third-largest holding. This significant investment, along with other institutional activity, indicates strong interest in Karman. The company currently holds a "Moderate Buy" rating from analysts with an average price target of $108.40.
Karman (KRMN) opens Utah factory after analyst upgrade
The article reports that Karman (KRMN) has opened a new factory in Utah. This expansion follows an upgrade by an analyst, indicating positive developments for the company.
Candelo Capital Management LP Reduces Stock Position in Karman Holdings Inc. $KRMN
Candelo Capital Management LP significantly reduced its stake in Karman Holdings Inc. (NYSE:KRMN) by 56.0% in the third quarter of 2025, selling 10,300 shares and retaining 8,100 shares. Despite this reduction, other institutional investors, such as the Robert Wood Johnson Foundation and TimesSquare Capital Management, either initiated new positions or substantially increased their holdings in Karman. Karman Holdings, an aerospace and defense company with a market cap of $13.22 billion, maintains a "Moderate Buy" consensus analyst rating and an average target price of $108.40.
KRMN - KARMAN HLDGS INC Latest Stock News & Market Updates
This page provides the latest news and analysis for KARMAN HLDGS INC (KRMN), detailing its activities in the aerospace and defense sector. It covers company press releases, regulatory disclosures, financial results, strategic acquisitions, and operational milestones. Recent updates include conference presentations, acquisitions of Industrial Solid Propulsion and Metal Technology Inc., Q1 2025 financial results, and the opening of new facilities.
Karman Holdings (NYSE: KRMN) boosts revolver to $150,000,000 and removes $50,000,000 cap
Karman Holdings Inc. (NYSE: KRMN) has amended its credit agreement with Citibank and other lenders, increasing its revolving credit commitments by $100,000,000 to a total of $150,000,000. The amendment also removes a prior $50,000,000 cap on incremental revolving credit commitments, thereby enhancing the company's available liquidity and borrowing capacity. Other terms of the credit agreement remain unchanged.
Analysts Offer Insights on Industrial Goods Companies: Karman Holdings Inc. (KRMN) and Waste Management (WM)
Analysts have provided insights on Karman Holdings Inc. (KRMN) and Waste Management (WM) within the Industrial Goods sector. Needham initiated coverage of Karman Holdings Inc. with a Buy rating and a $125 price target, while Waste Management received a Hold rating from Wolfe Research with a $321 price target. Karman Holdings has a "Strong Buy" consensus, and Waste Management has a "Moderate Buy" consensus based on analyst reports.
Karman Holdings Expands Revolving Credit Facilities and Liquidity
Karman Holdings Inc. has significantly increased its financial flexibility by amending its Credit Agreement with Citibank, N.A., raising revolving credit commitments by $100 million to a total of $150 million. This amendment also removed the previous $50 million cap on incremental revolving credit, enhancing the company's liquidity to better respond to investment opportunities and operational needs. Despite a "Neutral" rating from TipRanks' AI Analyst, citing balance-sheet risk and high P/E valuation, the company maintains strong operational performance and a buoyant outlook.
56,200 Shares in Karman Holdings Inc. $KRMN Bought by Pinnbrook Capital Management LP
Pinnbrook Capital Management LP has acquired a new stake of 56,200 shares in Karman Holdings Inc. (NYSE:KRMN) during the third quarter, valued at approximately $4.06 million. Other major institutional investors, including Lexington Partners and Vanguard Group Inc., also increased their holdings. Analysts currently rate Karman Holdings as a "Moderate Buy" with an average price target of $108.40.
Is It Too Late To Consider Karman Holdings (KRMN) After Its 201% One-Year Surge?
Karman Holdings (KRMN) has seen a significant surge of 201% over the past year, but a recent analysis suggests the stock may be overvalued. A Discounted Cash Flow (DCF) model indicates the intrinsic value per share is significantly lower than its current trading price of $99.98, and its Price/Sales ratio of 30.89x is much higher than the industry average. Despite potential "bull" and "bear" case narratives, the overall assessment points to KRMN being priced above its fundamental valuation.
Karman Holdings Expands Revolving Credit Facilities and Liquidity
Karman Holdings Inc. has expanded its revolving credit facilities by $100 million to a total of $150 million through a Fourth Amendment to its Credit Agreement with Citibank, N.A. This move significantly enhances the company's liquidity and financial flexibility by removing the previous cap on incremental revolving credit commitments. Analysts rate KRMN stock as a Buy with a $125 price target, while TipRanks' AI Analyst, Spark, rates it as Neutral due to strong operating performance offset by balance-sheet risk and high P/E valuation.
Karman Space & Defense Schedules Fourth Quarter and Full Fiscal Year 2025 Earnings Release, Conference Call and Webcast
Karman Space & Defense announced it will release its financial results for the fourth quarter and full fiscal year 2025 after market close on Wednesday, March 25, 2026. A conference call and live audio webcast will follow to discuss the results, hosted by key management personnel. Investors can access the live webcast and subsequent audio replay online.
