Karman Space & Defense Reports Second Quarter Fiscal Year 2025 Financial Results
Karman Space & Defense announced record second-quarter 2025 financial results, including a 35% increase in quarterly revenue to $115.1 million and a 29% rise in adjusted EBITDA. The company also raised its full-year guidance for 2025, projecting total revenue between $452 million and $458 million and adjusted EBITDA between $138.5 million and $141.5 million, due to strong demand across its end markets and strategic acquisitions.
Karman Holdings Inc (KRMN) Trading Down 4.49% on Feb 20
Karman Holdings Inc (KRMN) traded down 4.49% on February 20, reaching an intraday low of $84.17 before closing at $84.49. The company is currently 28.63% below its 52-week high and 237.62% above its 52-week low. Analysts forecast an average target price of $111.89, suggesting a 32.43% upside, with an average "Outperform" recommendation.
Karman Holdings stock slips as Citi-fueled rally cools; what’s next for KRMN shares
Karman Holdings (KRMN) stock experienced a drop of roughly 4% after a significant rally fueled by a positive Citigroup report. Citi had maintained its "Buy" rating and a $125 price target, placing the stock on an "upside 90-day catalyst watch," which led to gains of nearly 18% over two sessions. The recent slip is seen as profit-taking, but ongoing risks include contract timing, government budgets, and the challenges of integrating new acquisitions.
King Luther Capital Management Corp Grows Stock Position in Karman Holdings Inc. $KRMN
King Luther Capital Management Corp significantly increased its stake in Karman Holdings Inc. (NYSE:KRMN) by 94.9% during the third quarter, bringing its total ownership to 91,446 shares valued at $6.6 million. Other institutional investors like Farther Finance Advisors LLC and Amalgamated Bank also adjusted their positions. Analyst consensus rates Karman Holdings Inc. as a "Moderate Buy" with a target price of $103.33, following various analyst reports with ratings ranging from "Strong Buy" to "Sell."
What Makes Karman Holdings (KRMN) an Investment Bet?
Conestoga Capital Advisors, in its Q4 2025 investor letter, highlighted Karman Holdings Inc. (NYSE: KRMN) as a new purchase despite its Small Cap Strategy trailing the Russell 2000 Growth Index. Karman Holdings is a defense technology company specializing in mission-critical systems with strong revenue growth and market capitalization. While acknowledging KRMN's potential, Conestoga Capital Advisors suggests that certain AI stocks might offer higher returns in a shorter timeframe.
Karman Expands in Defense Markets with Strategic Acquisition
Karman Holdings Inc. has seen a 9.21% stock increase following its strategic acquisition of Seemann Composites and Material Sciences, a move that significantly strengthens its position in maritime defense markets, particularly for submarines and amphibious platforms. The acquisition is expected to create synergies, boost revenue, and enhance its competitive edge in high-tech military sectors. Analysts predict further stock growth as Karman aims to secure more global defense contracts, leveraging its reinforced market presence and expanded product offerings.
Karman’s Strategic Acquisition Boots Its Market Position
Karman Holdings Inc. (NYSE: KRMN) experienced a 7.67% stock increase after its strategic acquisition of Seemann Composites, a company specializing in composites for maritime defense applications. This acquisition is expected to bolster Karman's market position in the defense sector, despite the company's high price-to-earnings ratio. The move aims to diversify and strengthen Karman's presence in high-tech maritime defense solutions, promising enhanced revenue streams and competitive advantages.
7 Defense Stocks Rally As US-Iran Conflict Risk Spikes
U.S. defense stocks experienced a significant surge following reports indicating that the Trump administration is contemplating military action against Iran, pushing prediction markets to price in higher odds of a strike. The SPDR S&P Aerospace & Defense ETF and the Global X Defense Tech ETF both outperformed the broader market, while several individual defense stocks saw substantial gains. This rally is attributed to an Axios report suggesting a potential sustained U.S. military campaign in the Middle East, possibly in coordination with Israel, and an expanded U.S. military presence in the region.
TimesSquare Capital Management LLC Buys 1,211,845 Shares of Karman Holdings Inc. $KRMN
TimesSquare Capital Management LLC significantly increased its stake in Karman Holdings Inc. by 361.7% in the third quarter, acquiring an additional 1,211,845 shares. This notable purchase makes Karman the 9th largest position in TimesSquare's portfolio, valued at approximately $111.7 million. Despite institutional buying, Karman's CFO Michael Willis sold 115,000 shares, while analysts have a "Moderate Buy" consensus rating with an average target price of $103.33 for the stock.
4,430,213 Shares in Karman Holdings Inc. $KRMN Purchased by Lexington Partners L.P.
Lexington Partners L.P. has acquired over 4.4 million shares of Karman Holdings Inc. ($KRMN) in Q3, equating to an approximate value of $319.9 million and representing about 96.8% of Lexington's portfolio and a 3.35% stake in Karman. This acquisition comes amidst broad analyst optimism, with a "Moderate Buy" consensus and a $103.33 price target, although Karman's CFO, Michael Willis, recently sold 115,000 shares. Other institutional investors also adjusted their holdings, and the company's stock performance shows a market capitalization of $10.03 billion.
Are Aerospace Stocks Lagging Bae Systems (BAESY) This Year?
Bae Systems PLC (BAESY) is outperforming the Aerospace sector and its industry peers year-to-date, with a 14.6% return compared to the sector's 7.3%. The company holds a Zacks Rank of #2 (Buy), and its full-year earnings consensus estimate has increased, indicating improved analyst sentiment. Karman Holdings Inc. (KRMN) is another strong performer within the same industry, also holding a Zacks Rank #2 (Buy).
Karman Holdings Inc (KRMN) Shares Down 7.82% on Feb 11
Shares of Karman Holdings Inc (KRMN) dropped by 7.82% on February 11, trading at an intraday low of $82.01 before closing at $84.11. Despite the dip, KRMN is up 236.10% from its 52-week low. Wall Street analysts maintain an "Outperform" rating with an average target price suggesting a 33.03% upside.
Karman (NYSE:KRMN) Stock Price Down 5.9% - What's Next?
Karman (NYSE:KRMN) shares dropped 5.9% on Tuesday to $91.72, with significantly lower trading volume. Despite this decline, analysts have issued positive ratings and raised price targets for the company, resulting in a "Moderate Buy" consensus. However, insider selling has been notable, with the COO and another insider selling a combined $8.67 million in shares.
Karman Holdings Inc (KRMN) Shares Gap Down to $91.91 on Feb 10
Karman Holdings Inc (KRMN) experienced a 5.70% drop in share price on February 10, reaching an intraday low of $90.53 before closing at $91.91. This represents a 22.36% decrease from its 52-week high and a 267.27% increase from its 52-week low. Analyst forecasts suggest an average target price of $111.89 for KRMN, indicating a potential upside of 21.74%, with a consensus "Outperform" rating from 9 brokerage firms.
New York State Common Retirement Fund Grows Stock Position in Karman Holdings Inc. $KRMN
The New York State Common Retirement Fund significantly increased its stake in Karman Holdings Inc. ($KRMN) by 270.1% in Q3, now owning 40,711 shares valued at $2.94 million. Other institutions also established or grew positions, despite recent insider selling totaling $15.4 million from individuals like Stephanie Sawhill and CFO Michael Willis. Karman reported strong Q3 earnings with a 41.7% revenue increase year-over-year, and analysts generally rate the stock as a "Moderate Buy."
Karman Holdings Completes Acquisition Funded by Refinanced Debt
Karman Holdings Inc. (KRMN) announced the completion of an acquisition funded by refinanced debt. The company amended its credit agreement, lowering interest rates on existing term loans and its revolving credit facility, then upsized its term loans by $265 million to finance the acquisition of Seemann Composites, LLC and Materials Sciences LLC for $210 million cash and $10 million in stock. This move is expected to expand Karman’s operations and optimize its capital structure.
Ranger Investment Management L.P. Invests $19.15 Million in Karman Holdings Inc. $KRMN
Ranger Investment Management L.P. acquired a new stake worth approximately $19.15 million in Karman Holdings Inc. during the third quarter, purchasing 265,160 shares. Other hedge funds, including Millennium Management LLC and Goldman Sachs Group Inc., have also recently invested in Karman. The company's stock performance shows a 52-week range of $25.02 to $118.38, with a market cap of $12.20 billion and a P/E ratio of 369.88.
Karman Space & Defense Completes Acquisition of Seemann Composites and MSC, Increases Incremental Term Loan
Karman Space & Defense has acquired Seemann Composites and MSC, expanding its capabilities in critical sub-systems for space and defense programs. The acquisition, completed on February 3, 2026, aims to deliver advanced solutions across various domains and is expected to be immediately accretive to Karman's revenue, backlog, and EBITDA in 2026. This strategic move also led to an increase in Karman's incremental term loan to $772 million and the establishment of a new "Maritime Defense Systems" market.
Karman Space & Defense moves shareholder meeting fully online
Karman Space & Defense (NYSE: KRMN) announced its Annual Meeting of Shareholders will be held virtually on April 29, 2026, with a record date of March 5, 2026. The company also confirmed its participation in several upcoming investor conferences in February and March 2026. This announcement highlights Karman's engagement with both shareholders and the investment community.
Karman Space & Defense Sets Virtual-Only Annual Shareholder Meeting Date and Announces Participation in Upcoming Investor Conferences
Karman Space & Defense announced it will hold its virtual-only Annual Meeting of Shareholders on Wednesday, April 29, 2026, at 9:00 am PST. The company also confirmed its participation in several upcoming investor conferences in February and March 2026, including events by TD Cowen, Citi, Barclays, and Raymond James. Shareholders of record by March 5, 2026, are eligible to vote at the meeting.
Karman Space & Defense Sets Virtual-Only Annual Shareholder Meeting Date and Announces Participation in Upcoming Investor Conferences
Karman Space & Defense announced its virtual-only Annual Meeting of Shareholders for April 29, 2026, with March 5, 2026, as the record date for voting. The company also detailed its participation in several upcoming investor conferences in February and March 2026, including events hosted by TD Cowen, Citi, Barclays, and Raymond James. Karman Space & Defense specializes in next-generation system solutions for the U.S. Department of War and space access.
Karman Holdings Inc. (KRMN): A Bull Case Theory
This article summarizes a bullish thesis on Karman Holdings Inc. (KRMN) by Monte Independent Investment Research. Karman Holdings is a recently public, profitable defense contractor specializing in missile, space, and launch components, poised to benefit from accelerating U.S. defense spending. Despite a high valuation, the company's vertically integrated strategy and exposure to key defense initiatives, such as the Golden Dome missile defense initiative, suggest strong growth potential.
Robert Wood Johnson Foundation Makes New Investment in Karman Holdings Inc. $KRMN
The Robert Wood Johnson Foundation has made a significant new investment in Karman Holdings Inc. (NYSE:KRMN), purchasing 976,284 shares valued at $70.49 million, making it their largest portfolio position. Karman reported strong Q3 revenue growth of 41.7% year-over-year, beating estimates, and analysts currently rate the stock as a "Moderate Buy" with a consensus target of $103.33. However, the article also notes notable insider selling, with executives divesting 251,000 shares worth approximately $15.4 million in the last quarter.
Donaldson Capital Management LLC Takes Position in Karman Holdings Inc. $KRMN
Donaldson Capital Management LLC significantly invested in Karman Holdings Inc. (NYSE:KRMN) in Q3, acquiring 3.5 million shares valued at $252.8 million, making it their largest holding. This investment contrasts with recent insider selling by Karman's CFO and COO, who collectively sold 251,000 shares worth $15.4 million. Despite insider transactions, Wall Street analysts maintain a "Moderate Buy" rating for Karman, with several major firms increasing their price targets for the stock.
Lisanti Capital Growth LLC Has $5.91 Million Position in Karman Holdings Inc. $KRMN
Lisanti Capital Growth LLC significantly increased its stake in Karman Holdings Inc. ($KRMN) by 106.6% in Q3, now holding 81,894 shares valued at $5.91 million. This increase makes Karman its 20th largest holding. Despite institutional buying, company insiders have been selling shares, with notable sales from the CFO and COO totaling over $11 million in the last 90 days. Analyst ratings remain largely positive, with a "Moderate Buy" consensus and an average price target of $103.33.
Why Karman Holdings (KRMN) Is Up 10.0% After Landing a US$151 Billion SHIELD Contract
Karman Holdings (KRMN) shares rose 10.0% following the announcement of a US$151 billion Missile Defense Agency SHIELD contract. This award supports the company's role in U.S. defense priorities and reinforces its revenue ambitions, though it presents concentration risk tied to large defense programs. Investors are now evaluating the potential for growth against its rich valuation and the need for improved profitability.
Is Karman Holdings (KRMN) One of the New Stocks on the Rise?
Karman Holdings (KRMN) is gaining attention with several analysts raising price targets and initiating coverage. KeyBanc raised its price target to $122 with an Overweight rating, citing momentum in defense tech, while Citi increased its target to $123 with a Buy rating. Piper Sandler initiated coverage with a Neutral rating and a $98 price target, acknowledging strong fundamentals but noting the recent share rally has exhausted immediate tactical appeal, making current valuation a difficult entry point.
Is Karman Holdings (KRMN) One of the New Stocks on the Rise?
Karman Holdings Inc. (KRMN) has seen its price target raised by KeyBanc and Citi to $122 and $123 respectively, both with positive ratings, citing momentum in the space and defense tech industries and a favorable macroeconomic environment. Piper Sandler initiated coverage with a Neutral rating and a $98 target, acknowledging strong fundamentals but noting the stock's significant recent rally. Karman Holdings designs, tests, manufactures, and sells mission-critical systems in the US.
KeyBanc Keeps Their Buy Rating on Karman Holdings Inc. (KRMN)
KeyBanc has reiterated its Buy rating on Karman Holdings Inc. (KRMN) with a price target of $122.00, citing analyst Michael Leshock's strong track record in the Industrials sector. This positive outlook follows Karman's impressive quarterly revenue and net profit growth. However, corporate insider sentiment for KRMN is reported to be negative, with increased selling of shares by insiders over the past quarter.
10 New Stocks on the Rise
This article highlights Karman Holdings Inc. (NYSE: KRMN) as one of 10 new stocks on the rise, noting its strong performance and recent analyst target increases. KeyBanc raised its price target to $122, while Citi increased its target to $123, both with "Overweight" or "Buy" ratings, citing momentum in defense tech. Piper Sandler initiated coverage with a "Neutral" rating and $98 target, acknowledging long-term potential but cautioning on current valuation after a significant rally.
Lbp Am Sa Has $2.83 Million Holdings in Karman Holdings Inc. $KRMN
Lbp Am Sa significantly increased its stake in Karman Holdings Inc. (NYSE:KRMN) in Q3, owning 39,259 shares valued at $2.83 million. Other institutional investors like Huntleigh Advisors and Stephens Investment Management Group also adjusted their positions. Analysts have a "Moderate Buy" rating for Karman with an average price target of $98.67, despite recent insider share sales by the CFO and another insider.
Karman Space & Defense wins $151B missile defense contract By Investing.com
Karman Space & Defense has secured a significant indefinite-delivery/indefinite-quantity (IDIQ) contract worth up to $151 billion for the Missile Defense Agency's SHIELD program, aiming to accelerate the delivery of defense capabilities. This comes as the company reports strong revenue growth and analyst expectations for continued sales increases. Recent strategic moves include the acquisition of Seemann Composites LLC and Material Sciences for $225 million, which led to a debt rating downgrade but was met with raised price targets and reaffirmed Outperform ratings from several analyst firms.
Karman Holdings Inc (KRMN) Shares Up 3.02% on Jan 27
Karman Holdings Inc (KRMN) saw its shares rise by 3.02% on January 27, closing at $111.99. This places the stock 4.20% below its 52-week high and significantly above its 52-week low. Wall Street analysts provide an average price target of $104.00, implying a potential downside, yet the consensus recommendation is "Outperform."
Karman Space & Defense Systima Facility Awarded MDA Contract under $151 Billion SHIELD IDIQ
Karman Space & Defense announced it has been awarded a contract under the Missile Defense Agency's Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity (IDIQ) program, which has a ceiling of $151 billion. This contract allows for the rapid delivery of innovative capabilities to defense initiatives. Karman Space & Defense is a leader in designing and producing critical next-generation system solutions, supporting over 80 prime contractors and more than 130 space and defense programs.
Karman Space & Defense Systima Facility Awarded MDA Contract under $151 Billion SHIELD IDIQ
Karman Space & Defense announced it has been awarded a contract for the Missile Defense Agency's SHIELD indefinite-delivery/indefinite-quantity (IDIQ) program, which has a ceiling of $151 billion. This contract will allow for the rapid delivery of innovative capabilities to the warfighter, supporting the U.S. Department of War's mission priorities. Karman Space & Defense specializes in next-generation system solutions for space and defense programs.
Karman Holdings Inc. $KRMN Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH
Universal Beteiligungs und Servicegesellschaft mbH recently reduced its stake in Karman Holdings Inc. (NYSE:KRMN) by 9.2%, selling 16,884 shares, but still holds over $12 million worth of stock. This transaction comes amidst significant insider selling from Karman's COO and CFO, totaling about $15.4 million in the last 90 days. Despite the insider sales, Karman has seen positive news including raised revenue guidance, a strategic acquisition to boost U.S. Navy access, and several analyst price target increases, while also receiving some neutral and negative coverage with lower price targets.
Karman stock rises as William Blair reiterates Outperform rating
Karman Holdings Inc. (NYSE:KRMN) received a reiterated Outperform rating from William Blair, following its announcement of pending acquisitions of Seemann Composites and Materials Sciences Corporation (MSC) and raised 2026 organic revenue guidance. The stock, which has seen a significant 248.72% return over the past year, currently trades at $104.79. The $220 million acquisitions are expected to expand Karman's presence in the maritime defense market, adding specialized capabilities and deepening its advanced materials intellectual property.
Karman Space & Defense to Host Investor Conference Call Providing Further Details on Seemann and MSC Acquisition and Maritime Market Expansion, Updated Financial Expectations for Fiscal Years 2025 and 2026
Karman Space & Defense will host an investor conference call to discuss its acquisition of Seemann Composites and MSC, which are specialty maritime defense technology leaders. This acquisition expands Karman's market reach into maritime defense, complementing its existing space and defense solutions. The company is also updating its financial expectations, raising fiscal year 2025 revenue guidance to $470-$471 million and adjusted EBITDA to $144.5-$144.9 million, and establishing fiscal year 2026 revenue guidance between $700-$715 million and adjusted EBITDA between $205-$215 million.
From deep sea to space: Karman’s $220M move into maritime defense
Karman Space & Defense announced an investor conference call to provide further details on its acquisition of Seemann Composites and MSC for $220 million, aimed at expanding into the maritime defense market. The acquisition is expected to close in Q1 2026 and will significantly boost Karman's revenue and adjusted EBITDA for fiscal years 2025 and 2026, making it an "all-domain solutions provider." The company raised its 2025 revenue and adjusted EBITDA expectations and set new, higher targets for 2026.
Karman (NYSE:KRMN) Hits New 52-Week High - Here's Why
Karman Holdings Inc. (NYSE:KRMN) reached a new 52-week high of $117.72, closing at $111.5760, with a market cap of $14.7 billion and a P/E ratio of 449.24. Despite mixed analyst ratings and an average target price lower than its current share price, the company reported 41.7% year-over-year revenue growth last quarter. Insiders, however, have sold a significant number of shares totaling over $15 million in the past 90 days.
S&P 500 Futures Climb in Premarket Trading; Venture Global, Karman Holdings Lead
S&P 500 futures showed an increase in premarket trading. Venture Global Inc. (VG) and Karman Holdings Inc. (KRMN) were notable movers, with VG up 9.9% and KRMN up 9.5% before the U.S. stock markets opened.
Karman stock rises as William Blair reiterates Outperform rating
Karman Holdings Inc. (NYSE:KRMN) received a reaffirmed Outperform rating from William Blair following its strong stock performance and pending acquisitions of Seemann Composites and Materials Sciences Corporation (MSC). These acquisitions, valued at $220 million, are expected to boost Karman's revenue, EBITDA, and EPS by expanding its presence in the maritime defense market. Analysts view these moves positively, with Evercore ISI and Raymond James raising their price targets for KRMN.
Karman Holdings (KRMN) Raises Fiscal 2025 Guidance, Forecasts Revenue of $471 Million
Karman Holdings (KRMN) has raised its fiscal 2025 revenue guidance to $470-$471 million and adjusted EBITDA to $144.5-$144.9 million, surpassing analyst estimates. The company also projects strong fiscal 2026 growth with revenues between $700-$715 million, fueled by strategic acquisitions like Seemann and MSC, which are expected to boost its market position in defense technology. While analysts have varying price targets, the general sentiment is positive due to strong fundamentals and strategic expansion into an all-domain solutions provider.
Karman Holdings Inc.'s (NYSE:KRMN) 33% Jump Shows Its Popularity With Investors
Karman Holdings Inc. (NYSE:KRMN) has seen a 33% share price increase recently, returning the stock to its year-ago levels. Its high price-to-sales (P/S) ratio of 32.4x is attributed to strong historical revenue growth of 29% in the last year and 89% over three years, coupled with analyst forecasts predicting 27% annual growth for the next three years, significantly outperforming the industry's 15% forecast. Investors appear willing to pay a premium for the stock given its projected future performance.
Karman Holdings stock price target raised to $130 from $100 at Raymond James
Raymond James has raised its price target for Karman Holdings Inc (NYSE:KRMN) to $130 from $100, maintaining a Strong Buy rating. This adjustment follows Karman's acquisition of Seemann/MSC, which the firm views as validation of its investment thesis in building a vertically integrated, IP-driven merchant supplier. The defense technology company has also raised its fiscal year 2025 guidance and provided a bullish outlook for fiscal year 2026.
Piper Sandler Initiates Coverage of Karman Holdings (KRMN) with Neutral Recommendation
Piper Sandler has initiated coverage of Karman Holdings (KRMN) with a Neutral recommendation. Analysts project an average one-year price target of $89.25, suggesting a 14.83% downside from its last closing price. Institutional ownership has significantly increased, though the put/call ratio indicates a bearish outlook.
Karman Space & Defense to Host Investor Conference Call Providing Further Details on Seemann and MSC Acquisition and Maritime Market Expansion, Updated Financial Expectations for Fiscal Years 2025 and 2026
Karman Space & Defense announced an investor conference call to provide further details on its acquisition of Seemann Composites and MSC, leaders in specialty maritime defense technologies, and to update financial expectations for fiscal years 2025 and 2026. The acquisition, valued at $220 million, aims to expand Karman's market reach into strategic maritime defense segments and is expected to be immediately accretive to key financial metrics in 2026. The company is raising its 2025 revenue and adjusted EBITDA expectations and establishing projections for 2026, highlighting significant anticipated growth and an expanded addressable market.
(KRMN) Karman Space & Defense Expects Fiscal 2025 Revenue Range $470M-$471M, vs. FactSet Est of $463.4M
Karman Space & Defense (KRMN) anticipates its fiscal year 2025 revenue to be in the range of $470 million to $471 million, surpassing FactSet's estimate of $463.4 million. This positive outlook follows recent news of strategic acquisitions and significant federal awards, contributing to an optimistic financial forecast for the company. The stock symbol for Karman Space & Defense is KRMN.
34,156 Shares in Karman Holdings Inc. $KRMN Purchased by Huntleigh Advisors Inc.
Huntleigh Advisors Inc. has acquired a new position of 34,156 shares in Karman Holdings (NYSE:KRMN), valued at approximately $2.47 million. This comes amid significant insider selling, with 251,000 shares worth about $15.42 million offloaded in the last 90 days. Karman reported a 41.7% year-over-year revenue increase and met Q3 EPS estimates, but trades at a high P/E ratio and near its 52-week high, with analysts giving it a "Moderate Buy" rating and an average target price of $83.50.
L3Harris receives $1 billion US government investment, impacting Karman By Investing.com
L3Harris Technologies has secured a $1 billion investment from the U.S. government for its rocket business, a development BWS Financial believes will negatively impact Karman, for which it has issued a short thesis. This investment allows L3Harris to expand production capacity and adds competitive pressure on Karman, which BWS Financial and InvestingPro data suggest is significantly overvalued despite recent acquisitions and funding for its own operations.
