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KRMN Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
61.649
Open
61.400
VWAP
60.42
Vol
1.75M
Mkt Cap
8.06B
Low
58.770
Amount
105.79M
EV/EBITDA(TTM)
74.04
Total Shares
132.53M
EV
8.61B
EV/OCF(TTM)
--
P/S(TTM)
17.07
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.
Show More

Events Timeline

(ET)
2026-04-16
10:30:00
Karman Appoints Doug Laurendeau as Chief Growth Officer
select
2026-03-25 (ET)
2026-03-25
16:20:00
Karman Up 3% to $102.31 After Q4 Results and Guidance Raise
select
2026-03-25
16:20:00
Raises FY26 Adjusted EBITDA View to $207M-$218M
select
2026-03-25
16:20:00
Company Reports Q4 Revenue of $134.5M, Beating Consensus
select

News

Newsfilter
8.5
04-29Newsfilter
U.S. Space Force Budget Reaches $71 Billion
  • Significant Budget Increase: The U.S. Space Force's budget has reached $71 billion, with $40 billion allocated for research and development of new space infrastructure, indicating a strong demand for advanced technologies that could boost stock prices of related companies.
  • Surge in Material Demand: In 2026, demand for aerospace and defense thermoplastic composites surged by 32% year-over-year to $731 million, highlighting a supply chain gap that may funnel capital toward companies positioned to address this mismatch.
  • Expanded Technical Collaboration: Starfighters Space has broadened its technical interchange agreement with Blackstar Orbital to include vehicle integration and wind tunnel testing, enhancing their collaborative potential in hypersonic spacecraft development, which could accelerate time-to-market for new products.
  • Optimistic Market Outlook: Karman reported a fiscal year 2025 revenue of $471.5 million, up 36.6%, and raised its 2026 revenue outlook to $715 million to $730 million, reflecting strong growth trends in the defense and space markets that may attract more investor interest.
PRnewswire
8.5
04-29PRnewswire
U.S. Space Force Budget Reaches $71 Billion
  • Significant Budget Increase: The U.S. Space Force's budget has reached $71 billion, with $40 billion allocated for research and development of new space infrastructure, indicating a pressing need for advanced technologies in the defense industrial base as funding flows in faster than facilities and workforce can absorb.
  • Surge in Material Demand: In 2026, demand for aerospace and defense thermoplastic composites surged 32% year-over-year to $731 million, highlighting a structural mismatch between defense industrial needs and supply chain capabilities, which is directing capital towards companies positioned at the bottleneck.
  • Expanded Technical Collaboration: Starfighters Space has broadened its technical interchange with Blackstar Orbital to include integration engineering and wind tunnel testing, aiming to accelerate the flight testing of reusable hypersonic spacecraft, thereby enhancing their partnership in the aerospace sector.
  • Optimistic Market Outlook: Karman reported a fiscal year 2025 revenue of $471.5 million, up 36.6%, and raised its 2026 revenue outlook to $715 million to $730 million, reflecting strong demand in national security and commercial space access markets.
Newsfilter
9.5
04-28Newsfilter
Karman Space & Defense to Announce Q1 FY2026 Financial Results
  • Earnings Release Schedule: Karman Space & Defense will issue its financial results for the first quarter of fiscal year 2026 after market close on May 12, 2026, reflecting the company's ongoing commitment to transparency in the defense and space sectors.
  • Management Conference Call: CEO Jon Rambeau and other executives will host a conference call at 1:30 PM PDT to discuss the financial results, enhancing investor understanding and confidence in the company's performance.
  • Participation Details: Investors can listen to the call via a toll-free number or the company website, ensuring broad dissemination of information and timely access, which enhances investor relations engagement.
  • Audio Replay Options: An audio replay will be archived on the investor relations section of the company's website post-event, allowing investors who could not attend live to access the information later, further improving company transparency and investor satisfaction.
CNBC
8.5
04-08CNBC
White House Defense Budget Proposal to Boost Drone Industry
  • Budget Increase: President Trump proposed a $1.5 trillion defense budget for fiscal 2027, representing a 44% increase over fiscal 2026, which, if passed, would elevate U.S. military spending to its highest GDP proportion in decades.
  • Drone Investment: Analysts estimate that $63 billion will be allocated to drone technology, more than six times the enacted level for 2026, indicating that increased federal investment will serve as a positive catalyst for the unmanned ecosystem.
  • AeroVironment Benefits: AeroVironment, specializing in drone technology, has secured major contracts with the U.S. government and is expected to benefit from the new budget, with a price target of $400 suggesting a 114% upside potential.
  • Other Companies Outlook: Ondas, Karman Holdings, and Amprius Technologies are also expected to gain from the new budget, with price targets set at $23, $125, and $20 respectively, indicating significant growth potential for these defense-related firms.
Marketbeat
2.0
03-27Marketbeat
Karman Sees 14% Drop: A Chance or a Red Flag for This Defense Favorite?
  • Karman's Stock Performance: Karman (NYSE: KRMN) saw a significant rise in 2025, with shares increasing over 300% from its IPO price of $22, reaching nearly $73, but has since dropped about 25% from its all-time high in January 2026.

  • Revenue Growth and Margins: The company reported impressive revenue growth of 37% in 2025, totaling $471.5 million, with strong margins and adjusted earnings per share nearly tripling year-over-year.

  • Future Outlook: Karman forecasts a 53% revenue growth in 2026, driven by increasing demand for defense technologies, despite concerns about long-term sustainability and market valuation.

  • Market Sentiment and Analyst Recommendations: Despite recent stock declines, analysts maintain a bullish stance on Karman, with price targets suggesting over 30% upside potential, indicating confidence in the company's growth trajectory.

Barron's
6.5
03-26Barron's
Palantir-Associated Drone Stock Declines, Yet Wall Street Remains Optimistic About Its Future.
  • Ondas Stock Performance: Shares of Ondas, a company involved in autonomous drones, experienced a decline on Thursday, erasing earlier gains from the week.
  • Partnership with Palantir: Ondas is partnered with Palantir, a data analytics company, which may influence investor sentiment despite the stock's recent downturn.
  • Wall Street Outlook: Despite the drop in share price, Wall Street analysts indicate a potential for future upside in Ondas' stock performance.
  • Market Reaction: The market's reaction to Ondas' stock reflects a mix of optimism and caution, highlighting the volatility in tech-related investments.
Wall Street analysts forecast KRMN stock price to rise
7 Analyst Rating
Wall Street analysts forecast KRMN stock price to rise
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
70.00
Averages
80.50
High
89.00
Current: 0.000
sliders
Low
70.00
Averages
80.50
High
89.00
Evercore ISI
Outperform
maintain
$125
AI Analysis
2026-04-02
Reason
Evercore ISI
Price Target
$125
AI Analysis
2026-04-02
maintain
Outperform
Reason
Evercore ISI reiterated an Outperform rating and $125 price target on Karman after the company filed for a delay in reporting its 10-K, with the company notably having experienced a similar delay last year when the IPO process required a full audit. While filing delays are relatively uncommon across Evercore's coverage, the situation here appears more procedural than fundamental, as investor relations restated from its SEC notice that it does not anticipate any material changes to the financial information provided with the March 25 8-K filing, the analyst tells investors in a research note. The firm added that Karman has indicated it expects to file within the standard 15-day extension window, which the firm views as a positive signal and suggests there are no material underlying issues driving the delay at this time.
BWS
Hamed Khorsand
Sell
maintain
$37
2026-03-27
Reason
BWS
Hamed Khorsand
Price Target
$37
2026-03-27
maintain
Sell
Reason
BWS Financial analyst Hamed Khorsand says Karman's free cash flow "remained allusive" in Q4. The company "continues to report net profits and positive adjusted EBITDA, but that is occurring when contract assets (unbilled revenue) are rising," the analyst tells investors in a research note. BWS adds that's Karman's updated 2026 adjusted EBITDA margin is now lower than the initial guidance by 30 basis points. It keeps a Sell rating on the shares with a $37 price target.
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Valuation Metrics

The current forward P/E ratio for Karman Holdings Inc (KRMN.N) is 104.17, compared to its 5-year average forward P/E of 118.15. For a more detailed relative valuation and DCF analysis to assess Karman Holdings Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
118.15
Current PE
104.17
Overvalued PE
153.95
Undervalued PE
82.35

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
53.39
Current EV/EBITDA
44.82
Overvalued EV/EBITDA
70.69
Undervalued EV/EBITDA
36.09

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
13.56
Current PS
8.64
Overvalued PS
17.22
Undervalued PS
9.89

Financials

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Whales Holding KRMN

H
Hood River Capital Management LLC
Holding
KRMN
+19.19%
3M Return
D
Driehaus Capital Management LLC
Holding
KRMN
+14.61%
3M Return
Z
Zevenbergen Capital Investments LLC
Holding
KRMN
+13.31%
3M Return
N
Next Century Growth Investors LLC
Holding
KRMN
+9.03%
3M Return
C
Carnegie Capital Asset Management, LLC
Holding
KRMN
+7.33%
3M Return
T
TimesSquare Capital Management, LLC
Holding
KRMN
+4.20%
3M Return

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Frequently Asked Questions

What is Karman Holdings Inc (KRMN) stock price today?

The current price of KRMN is 60.84 USD — it has increased 0.65

What is Karman Holdings Inc (KRMN)'s business?

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.

What is the price predicton of KRMN Stock?

Wall Street analysts forecast KRMN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KRMN is80.50 USD with a low forecast of 70.00 USD and a high forecast of 89.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Karman Holdings Inc (KRMN)'s revenue for the last quarter?

Karman Holdings Inc revenue for the last quarter amounts to 134.49M USD, increased 47.41

What is Karman Holdings Inc (KRMN)'s earnings per share (EPS) for the last quarter?

Karman Holdings Inc. EPS for the last quarter amounts to 0.06 USD, increased 500.00

How many employees does Karman Holdings Inc (KRMN). have?

Karman Holdings Inc (KRMN) has 1400 emplpoyees as of May 10 2026.

What is Karman Holdings Inc (KRMN) market cap?

Today KRMN has the market capitalization of 8.06B USD.