Needham & Company LLC Issues Pessimistic Forecast for Karman (NYSE:KRMN) Stock Price

Posted by Brian Himes on Nov 8th, 2026

Karman (NYSE:KRMN – Get Free Report) had its price objective cut by stock analysts at Needham & Company LLC from $80.00 to $50.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Needham & Company LLC‘s price objective suggests a potential upside of 10.96% from the stock’s previous close.

KRMN has been the subject of a number of other research reports. Piper Sandler reaffirmed an “overweight” rating and set a $60.00 price objective (up from $59.00) on shares of Karman in a research report on Friday. Guggenheim began coverage on shares of Karman in a research note on Monday, September 14th. They set a “buy” rating and a $63.00 target price on the stock. UBS Group set a $40.00 price target on Karman in a research report on Thursday, October 22nd. Royal Bank Of Canada dropped their target price on Karman from $70.00 to $60.00 and set an “outperform” rating on the stock in a report on Wednesday, October 28th. Finally, Weiss Ratings raised Karman from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $73.00.

Get Our Latest Stock Report on Karman

Karman Trading Up 40.4%

Shares of KRMN stock opened at $45.06 on Friday. Karman has a 1-year low of $29.34 and a 1-year high of $118.38. The firm has a market cap of $5.97 billion, a PE ratio of 115.54 and a beta of 0.45. The company has a 50-day moving average of $35.93 and a two-hundred day moving average of $62.50. The company has a debt-to-equity ratio of 2.01, a current ratio of 3.56 and a quick ratio of 3.40.

Karman (NYSE:KRMN – Get Free Report) last released its quarterly earnings results on Friday, November 6th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter. During the same period last year, the firm posted $0.10 earnings per share. Karman’s revenue was up 65.6% on a year-over-year basis. On average, analysts predict that Karman will post 0.63 EPS for the current year.

Insiders Place Their Bets

In other news, Director David Stinnett acquired 27,000 shares of Karman stock in a transaction on Wednesday, September 16th. The stock was bought 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 owned 3,530,395 shares in the company, valued at $131,754,341.40. This represents a 0.77% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 5.77% of the company’s stock.

Hedge Funds Weigh In On Karman

Hedge funds have recently modified their holdings of the business. First Trust Advisors LP increased its holdings in shares of Karman by 3.3% in the 1st quarter. First Trust Advisors LP now owns 2,891,687 shares of the company’s stock valued at $231,480,000 after acquiring an additional 93,565 shares during the period. William Blair Investment Management LLC raised its position in Karman by 87.4% in the 3rd quarter. William Blair Investment Management LLC now owns 1,832,222 shares of the company’s stock valued at $59,401,000 after purchasing an additional 854,760 shares during the last quarter. Amundi boosted its stake in Karman by 44.6% during the 1st quarter. Amundi now owns 512,231 shares of the company’s stock worth $41,004,000 after purchasing an additional 158,068 shares during the period. Bank of America Corp DE boosted its stake in Karman by 123.8% during the 1st quarter. Bank of America Corp DE now owns 459,531 shares of the company’s stock worth $36,785,000 after purchasing an additional 254,161 shares during the period. Finally, Rokos Capital Management LLP acquired a new stake in Karman during the 1st quarter worth $35,261,000.

Key Stories Impacting Karman

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

(Get Free Report)

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.