Karman Holdings Inc. (KRMN)
| Market Cap | 8.06B +73.6% |
| Revenue (ttm) | 471.50M +36.6% |
| Net Income | 17.37M +36.7% |
| EPS | 0.13 +70.7% |
| Shares Out | 132.53M |
| PE Ratio | 464.29 |
| Forward PE | 92.48 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,750,859 |
| Open | 61.40 |
| Previous Close | 60.45 |
| Day's Range | 58.77 - 61.65 |
| 52-Week Range | 37.30 - 118.38 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 106.36 (+74.82%) |
| Earnings Date | May 12, 2026 |
About KRMN
Karman Holdings Inc., through its subsidiary, engages in designing, testing, manufacturing, and sale of mission-critical systems in the United States. The company offers payload protection and deployment systems, aerodynamic interstage systems, and propulsion systems. It serves its products to hypersonics and strategic missile defense, tactical missile and integrated defense systems, and space and launch markets. The company was incorporated in 2020 and is headquartered in Huntington Beach, California. Karman Holdings Inc. operates as a subsidi... [Read more]
Financial Performance
In 2025, Karman Holdings's revenue was $471.50 million, an increase of 36.57% compared to the previous year's $345.25 million. Earnings were $17.37 million, an increase of 36.73%.
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for KRMN stock is "Buy." The 12-month stock price target is $106.36, which is an increase of 74.82% from the latest price.
News
Karman Holdings Transcript: AGM 2026
The meeting marked the first as a public company, with a quorum established and two Class I directors elected to serve until 2029. No questions were raised by shareholders, and final voting results will be reported on Form 8-K.
Karman Space & Defense Schedules First Quarter Fiscal Year 2026 Earnings Release, Conference Call and Webcast
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #ImpossibleEndsHere--Karman Space & Defense (NYSE: KRMN) ("Karman" or “the Company”), a leader in the rapid design, development and production of cr...
Karman appoints Doug Laurendeau as CGO
Karman Space & Defense (KRMN) announced Doug Laurendeau, former vice president of Enterprise Strategy Integration at Lockheed Martin Corporation (LMT), will join Karman’s senior leadership team as chi...
Proven A&D Industry Growth Executive Doug Laurendeau Joins Karman Space & Defense as Chief Growth Officer
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #ImpossibleEndsHere--Karman Space & Defense (“Karman”, “Karman Holdings, Inc.” or “the Company”) (NYSE: KRMN) today announced Doug Laurendeau, forme...
Karman 10-K delay appears more procedural than fundamental, says Evercore ISI
Evercore ISI reiterated an Outperform rating and $125 price target on Karman (KRMN) after the company filed for a delay in reporting its 10-K, with the company notably having experienced
Karman delays filing of Form 10-K
According to a filing yesterday, Karman (KRMN) Holdings said it has determined that it is not in a position to file its Form 10-K within the prescribed time period without
Karman free cash flow ‘remained allusive,’ says BWS Financial
BWS Financial analyst Hamed Khorsand says Karman’s (KRMN) free cash flow “remained allusive” in Q4. The company “continues to report net profits and positive adjusted EBITDA, but that is occurring
Karman price target raised to $127 from $125 at Citi
Citi raised the firm’s price target on Karman (KRMN) to $127 from $125 and keeps a Buy rating on the shares post the Q4 report. The firm sees the company
Karman Holdings Earnings Call Transcript: Q4 2025
Record Q4 and FY25 results exceeded guidance, with revenue up 37% and adjusted EBITDA up 37% year-over-year. 2026 guidance raised to $715M–$730M revenue and $207M–$218M adjusted EBITDA, driven by strong demand, acquisitions, and capacity expansion.
Karman up 3% at $102.31 after Q4 results and guidance raise
16:15 EDT Karman (KRMN) up 3% at $102.31 after Q4 results and guidance raise
Karman Space & Defense Reports Fourth Quarter and Full Fiscal Year 2025 Financial Results
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #Aerospace--Karman Space & Defense Reports Fourth Quarter and Full Fiscal Year 2025 Financial Results.
Karman Holdings Inc options imply 7.8% move in share price post-earnings
Pre-earnings options volume in Karman (KRMN) Holdings Inc is normal with calls leading puts 7:3. Implied volatility suggests the market is anticipating a move near 7.8%, or $8.16, after results
Karman price target raised to $135 from $115 at Baird
Baird raised the firm’s price target on Karman (KRMN) to $135 from $115 and keeps an Outperform rating on the shares. The firm updated its model ahead of Q4 results
Karman Space & Defense Schedules Fourth Quarter and Full Fiscal Year 2025 Earnings Release, Conference Call and Webcast
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #AUV--Karman Space & Defense Schedules Fourth Quarter and Full Fiscal Year 2025 Earnings Release, Conference Call and Webcast.
Karman initiated with a Buy at Needham
Needham analyst Austin Bohlig initiated coverage of Karman (KRMN) with a Buy rating and $125 price target The firm says the company is “uniquely positioned” as a key supplier of
Karman CEO Tony Koblinski to retire, Jon Rambeau to succeed
Karman (KRMN) announced a transition in leadership with CEO Tony Koblinski retiring after a successful 40-year career in leadership and Jon Rambeau assuming the CEO position effective March 23. Rambea...
Karman Space & Defense Names Jon Rambeau as Chief Executive Officer to Lead Company's Next Phase of Growth
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #CEO--Karman Space & Defense (“Karman”, “Karman Holdings, Inc.” or “the Company”) (NYSE: KRMN), a leader in the rapid design, development and produc...
Karman Space & Defense Expands Production Capacity to Support Critical Pentagon Missile and UAS Programs
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #ImpossibleEndsHere--Karman Space & Defense (“Karman”, “Karman Holdings Inc.” or “the Company”) (NYSE: KRMN), a leader in the rapid design, developm...
Karman upgraded to Overweight from Neutral at Piper Sandler
Piper Sandler upgraded Karman (KRMN) to Overweight from Neutral with a price target of $127, up from $110. The firm believes the company will benefit from a potential munitions “super
Lockheed Martin and 5 Other Stocks That Can Benefit From the U.S. Restocking Its Missiles
The longer the conflict lasts, the more money the U.S. will have to spend restocking its arsenal of missiles.
Citi adds ‘upside 90-day catalyst watch’ on Karman after management meetings
Citi added an “upside 90-day catalyst watch” on Karman (KRMN) while keeping a Buy rating on the shares with a $125 price target After hosting management for a fireside chat
Karman Holdings Transcript: TD Cowen 47th Annual Aerospace & Defense Conference
The company leverages vertical integration and IP-rich acquisitions to deliver engineered solutions across missiles, space, hypersonics, drones, and maritime defense, achieving strong growth and profitability. Diversification, automation, and proactive capacity investments position it for expanding demand, while its M&A strategy deepens its competitive moat and market reach.
Karman Space & Defense Completes Acquisition of Seemann Composites and MSC, Increases Incremental Term Loan
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #DeepSeaToDeepSpace--Karman Space & Defense (“Karman,” “Karman Holdings Inc.” or “the Company”) (NYSE: KRMN), a leader in the rapid design, developm...
Karman Space & Defense Sets Virtual-Only Annual Shareholder Meeting Date and Announces Participation in Upcoming Investor Conferences
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)---- $KRMN #AUV--Karman Space & Defense Sets Virtual-Only Annual Shareholder Meeting Date and Announces Participation in Upcoming Investor Conferences.
Karman price target raised to $122 from $80 at KeyBanc
KeyBanc analyst Michael Leshock raised the firm’s price target on Karman (KRMN) to $122 from $80 and keeps an Overweight rating on the shares. Post the swath of recent events