Karman (NYSE:KRMN) Shares Up 7.4% – Here’s What Happened

Posted by Francis Steltz on Jun 16th, 2026

Karman Holdings Inc. (NYSE:KRMN – Get Free Report) shot up 7.4% during mid-day trading on Tuesday . The stock traded as high as $51.64 and last traded at $51.82. 2,318,356 shares changed hands during mid-day trading, a decline of 0% from the average session volume of 2,327,142 shares. The stock had previously closed at $48.27.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on KRMN. Weiss Ratings upgraded shares of Karman from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Needham & Company LLC restated a “buy” rating and set a $125.00 price target on shares of Karman in a research report on Thursday, April 9th. BWS Financial restated a “sell” rating and set a $37.00 price target on shares of Karman in a research report on Monday, May 18th. Citigroup lowered their price target on shares of Karman from $127.00 to $97.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Finally, Robert W. Baird boosted their price target on shares of Karman from $115.00 to $135.00 and gave the stock an “outperform” rating in a research report on Friday, March 20th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Karman presently has an average rating of “Moderate Buy” and a consensus target price of $105.60.

Check Out Our Latest Report on Karman

Karman Stock Up 8.3%

The firm’s fifty day simple moving average is $67.49 and its two-hundred day simple moving average is $81.05. The company has a market capitalization of $6.93 billion, a price-to-earnings ratio of 225.01 and a beta of 0.33. The company has a current ratio of 3.53, a quick ratio of 3.38 and a debt-to-equity ratio of 2.08.

Karman (NYSE:KRMN – Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.03. The business had revenue of $151.21 million for the quarter, compared to the consensus estimate of $150.19 million. Karman had a net margin of 5.73% and a return on equity of 14.94%. The business’s revenue was up 51.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.05 EPS. Sell-side analysts anticipate that Karman Holdings Inc. will post 0.59 EPS for the current year.

Institutional Investors Weigh In On Karman

Several large investors have recently added to or reduced their stakes in the business. AustralianSuper Pty Ltd purchased a new position in Karman during the 4th quarter worth $33,679,000. UBS Group AG increased its holdings in Karman by 103.7% during the 4th quarter. UBS Group AG now owns 926,976 shares of the company’s stock valued at $67,827,000 after acquiring an additional 471,894 shares in the last quarter. Congress Asset Management Co. purchased a new position in Karman during the 4th quarter valued at about $24,212,000. Aubrey Capital Management Ltd purchased a new stake in shares of Karman during the fourth quarter worth about $3,687,000. Finally, Mass General Brigham Inc purchased a new stake in shares of Karman during the fourth quarter worth about $114,295,000.

Karman Company Profile

(Get Free Report)

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.