Karman Holdings (KRMN) Raises Fiscal 2025 Guidance, Forecasts Revenue of $471 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 22 2026
0mins
Should l Buy KRMN?
Source: seekingalpha
- Guidance Upgrade: Karman Holdings raised its fiscal 2025 revenue guidance to between $470 million and $471 million, with adjusted EBITDA expected at $144.5 million to $144.9 million, indicating strong business growth potential that is likely to drive stock price appreciation.
- 2026 Outlook: The company anticipates fiscal 2026 revenue between $700 million and $715 million, with adjusted EBITDA ranging from $205 million to $215 million, surpassing analysts' estimates of $464.01 million for 2025 and $577.65 million for 2026, reflecting an optimistic growth outlook.
- Acquisition Impact: Karman Space & Defense announced a $220 million acquisition of Seemann and MSC, expected to be immediately accretive to revenue growth, funded backlog, EBITDA, and earnings per share in 2026, further solidifying its market position in defense technology.
- Strategic Expansion: CEO Tony Koblinski stated that through strategic acquisitions, Karman will achieve greater scale and capabilities, becoming an all-domain solutions provider that expands its addressable market and enhances funding visibility for high-priority U.S. Navy programs.
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Analyst Views on KRMN
Wall Street analysts forecast KRMN stock price to fall
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 88.460
Low
70.00
Averages
80.50
High
89.00
Current: 88.460
Low
70.00
Averages
80.50
High
89.00
About KRMN
Karman Holdings Inc. conducts business as Karman Space and Defense, which specializes in the design, development and production of critical, next-generation system solutions for launch vehicle, satellite, spacecraft, missile defense, hypersonic and unmanned aircraft systems (UAS) customers. Its 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. It has developed a proprietary portfolio of technically complex products and capabilities with specialization in complex nozzles and other engineered products for launch vehicle engine applications. Its payload protection system involves the full design and manufacturing of the top section of a booster, launch vehicle, payload, or missile system. Its propulsion systems involve the integrated offering of solid rocket motor subsystems, launch systems, and ablative composites.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Investment in Karman Holdings: The investor letter highlighted a recent purchase of Karman Holdings Inc. (NYSE:KRMN), a defense technology firm specializing in mission-critical systems, with a market capitalization of $11.705 billion.
- Karman Holdings Performance: As of February 19, 2026, Karman Holdings' stock closed at $88.46 per share, with a one-month return of -18.26% but a remarkable 201.60% gain over the past 52 weeks, indicating strong long-term growth potential.
- Customer Base and Revenue Protection: Over 90% of Karman Holdings' revenue is IP protected, and nearly 90% is sourced from sole-source customers, underscoring its strong market position and customer dependency in the defense sector.
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- Investment in Karman Holdings: The investor letter highlighted a recent purchase of Karman Holdings Inc. (NYSE:KRMN), a defense technology firm specializing in mission-critical systems, with a market capitalization of $11.705 billion.
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- Market Reaction: The ruling intensifies competitive pressures on small-cap firms that previously benefited from elevated import duties, reflecting investor concerns about domestic economic stability amid increasing foreign competition.
- Macroeconomic Context: The U.S. GDP growth rate for Q4 2025 was just 1.4%, significantly below the expected 3%, while the Personal Consumption Expenditures index rose by 0.4%, indicating rising inflationary pressures that further affect market sentiment.
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- Market Sentiment Shift: He remarked that the cryptocurrency market is experiencing a “slaughter,” indicating a significant downturn in sentiment towards Bitcoin and other cryptocurrencies, which may affect short-term investment decisions.
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- Command and Control Capability: Command-and-control aircraft are en route to the Middle East, essential for coordinating large-scale air operations, indicating U.S. readiness for a sustained air campaign.
- Strategic Decision Uncertainty: Despite President Trump being briefed on military options, he has shown a preference for negotiations, leaving the authorization for strikes against Iran uncertain, reflecting the complex geopolitical landscape.
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