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KRMN Overview

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$
0.000
0.000(0.000%)
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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
61.600
Open
61.600
VWAP
58.45
Vol
14.81M
Mkt Cap
8.42B
Low
56.250
Amount
865.47M
EV/EBITDA(TTM)
70.48
Total Shares
132.53M
EV
9.51B
EV/OCF(TTM)
--
P/S(TTM)
16.68
Karman Holdings Inc. conducts business as Karman Space and Defense, which specializes in the design, development and production of critical, system solutions for launch vehicle, satellite, spacecraft, missile defense, hypersonic and unmanned aircraft systems (UAS) customers. Its integrated payload protection, propulsion, and hydro/aerodynamic interstage system solutions are deployed across a 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.
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Events Timeline

(ET)
2026-05-29
06:20:00
Deal Size Increased to 14M Shares
select
2026-05-28 (ET)
2026-05-28
17:00:00
Karman Files to Sell Common Stock
select
2026-05-28
16:20:00
Karman Space & Defense Launches Public Offering of 13.5M Shares
select
2026-05-13 (ET)
2026-05-13
11:50:00
Major Averages Mixed as Inflation Data Impacts Markets
select
2026-05-13
09:00:00
Stocks Stabilize Amid Inflation Pressure, Nvidia Up 1%
select
2026-05-12 (ET)
2026-05-12
19:10:00
Qualcomm Shares Drop Over 11% as Investors Worry About AI Demand
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News

Yahoo Finance
8.5
05-29Yahoo Finance
Karman Space & Defense Provides Operational Data Update for Secondary Offering
  • Offering Size: Karman Space & Defense is conducting a public offering of 13.5 million shares of common stock, with underwriters expected to receive an additional 2.025 million shares option, although the company will not sell any shares and will not receive any proceeds from the offering.
  • Growth in Business Opportunities: As of May 25, 2026, the total value of business opportunities being pursued by the company is estimated at approximately $3 billion, a significant increase from $1 billion as of March 31, 2025, indicating strong demand in the defense and aerospace sectors.
  • Contract Potential: Within the active pipeline, the estimated contract values include approximately $500 million for hypersonics and strategic missile defense programs and about $700 million for tactical missiles and integrated defense programs, showcasing the company's market potential across multiple key areas.
  • Future Outlook: Karman is advancing negotiations for several long-term agreements, including a space launch production agreement valued at approximately $250 million, indicating positive progress in converting business opportunities into actual contracts.
Yahoo Finance
8.5
05-29Yahoo Finance
Karman Space & Defense Prices Upsized Secondary Offering
  • Upsized Offering: Karman Space & Defense has priced an upsized secondary offering of 14 million shares at $61 each, indicating strong market demand and expected significant capital influx for the company.
  • Clear Use of Proceeds: The funds raised from this offering will be directed towards supporting the company's R&D projects and expansion plans, aimed at enhancing its competitiveness in the aerospace defense sector and driving long-term growth.
  • Positive Market Reaction: The offering price exceeds market expectations, reflecting investor confidence in Karman Space & Defense's future prospects, which may positively impact the company's stock price.
  • Strengthened Strategic Positioning: Through this offering, Karman Space & Defense not only enhances its capital structure but also provides funding for future acquisitions and partnerships, further solidifying its market position in the aerospace industry.
Newsfilter
8.5
05-29Newsfilter
Karman Space & Defense Prices Public Offering at $61 per Share
  • Public Offering Size: Karman Space & Defense announced a public offering of 14,000,000 shares at $61.00 per share, expected to generate approximately $854 million in gross proceeds for the selling stockholders, indicating strong market confidence in the company's future growth.
  • Adjusted Offering Size: The offering size reflects an increase from the initially proposed 13,500,000 shares, showcasing rising demand for the company's stock, which may enhance its market position in the defense and aerospace sectors.
  • Underwriter Arrangement: Citigroup and Evercore ISI are acting as book-running managers for the offering, with an additional option to purchase 2,100,000 shares, further enhancing market liquidity and investor confidence.
  • Compliance Statement: The offering is conducted under an effective automatic shelf registration statement with the SEC, ensuring transparency and compliance, and investors are advised to read the preliminary prospectus for more detailed information before investing.
seekingalpha
8.5
05-28seekingalpha
Karman Space Launches 13.5 Million Share Public Offering
  • Public Offering Initiated: Karman Space & Defense announced that certain selling stockholders launched an underwritten public offering of 13.5 million shares, with underwriters expected to receive a 30-day option to purchase an additional 2.03 million shares, providing liquidity for shareholders while the company itself does not participate in the sale.
  • Proceeds to Shareholders: Karman will not sell any shares in this offering, meaning all net proceeds will go to the selling stockholders, which could impact the company's future financing capabilities as it will not receive any funds from this transaction.
  • Future Revenue Projections: Karman projects revenue between $720 million and $735 million by 2026, indicating stable demand commitments over the next 4-7 years, although the current offering does not directly affect its financial position.
  • Strong Financial Performance: Karman recently reported a non-GAAP EPS of $0.11, in line with expectations, and revenue of $151.2 million, beating estimates by $1.01 million, demonstrating the company's competitiveness and growth potential in the market.
PRnewswire
7.5
05-21PRnewswire
Starfighters Space Partners with NASA to Advance Microgravity Capabilities
  • Industry Transformation: The impending SpaceX IPO is set to raise up to $75 billion at a $1.75 trillion valuation, marking a historic event that will mainstream the space sector as an investable area, thereby boosting related ETFs.
  • Strategic Partnership: Starfighters Space has signed a Memorandum of Understanding with Mu-G Technologies in response to NASA's Request for Information for microgravity services, planning modifications and testing in Texas to fill a gap in U.S. capabilities.
  • Technological Edge: By modifying the Falcon 50 aircraft, Starfighters will offer microgravity, reduced gravity, and hypergravity testing, catering to the needs of pharmaceutical, biotech, and materials science sectors, enhancing its competitive position in the market.
  • Market Outlook: Starfighters is already collaborating with blue-chip clients like Lockheed Martin, and under CEO Tim Franta's leadership, the company is actively pursuing NASA-defined commercial microgravity capabilities, which is expected to attract more investor interest.
Newsfilter
7.5
05-21Newsfilter
Starfighters Space Partners with NASA to Revitalize Microgravity Capabilities
  • IPO Catalyst: SpaceX's upcoming Nasdaq listing aims to raise up to $75 billion at a $1.75 trillion valuation, reshaping the entire space sector's valuation landscape and attracting increased investor interest in related companies.
  • Strategic Partnership: Starfighters Space has signed a Memorandum of Understanding with Mu-G Technologies in response to NASA's request for microgravity services, planning modifications and testing in Texas to fill the gap in U.S. capabilities, thereby enhancing its market competitiveness.
  • Diverse Flight Environments: Under the MOU, Starfighters will utilize the Falcon 50 aircraft to provide microgravity, reduced gravity, and hypergravity testing, combined with the supersonic capabilities of its F-104 aircraft, addressing NASA's demand for novel flight platforms and advancing commercial microgravity research.
  • Industry Leadership: Starfighters already serves blue-chip clients like Lockheed Martin and the U.S. Air Force, and under CEO Tim Franta's leadership, the company is actively expanding its aerospace operations, which is expected to further enhance its market share and revenue.
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
KeyBanc
Overweight
downgrade
$122 -> $100
AI Analysis
2026-05-20
Reason
KeyBanc
Price Target
$122 -> $100
AI Analysis
2026-05-20
downgrade
Overweight
Reason
KeyBanc lowered the firm's price target on Karman to $100 from $122 and keeps an Overweight rating on the shares following quarterly results. The firm cites incrementally higher near-term investments and integration costs, while its long-term thesis remains intact. KeyBanc believes Karman is well-positioned to capitalize on the replenishment of missile inventories, growing investment in commercial/government space programs, a strong A&D backdrop, and potential M&A opportunities. The firm continues to see strong value for long-term investors.
Piper Sandler
Clarke Jeffries
Overweight
downgrade
$127 -> $114
2026-05-19
Reason
Piper Sandler
Clarke Jeffries
Price Target
$127 -> $114
2026-05-19
downgrade
Overweight
Reason
Piper Sandler analyst Clarke Jeffries lowered the firm's price target on Karman to $114 from $127 and keeps an Overweight rating on the shares following Q1 results. The firm notes results were solid following the closeout of the Seemanns & MSC deal, adding Maritime and Defense which contributed 17% of revenue in the quarter. Piper continues to believe Karman remains incredibly well positioned for both domestic and international munitions replenishment as well as supplying content and subsystems for emerging categories: hypersonics and space & launch. The firm looks to the back half of the year for these contracts materializing in FY27 numbers and beyond.
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Valuation Metrics

The current forward P/E ratio for Karman Holdings Inc (KRMN.N) is 125.00, compared to its 5-year average forward P/E of 117.79. 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
117.79
Current PE
125.00
Overvalued PE
152.87
Undervalued PE
82.71

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
53.14
Current EV/EBITDA
49.02
Overvalued EV/EBITDA
70.07
Undervalued EV/EBITDA
36.21

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
13.35
Current PS
9.38
Overvalued PS
17.04
Undervalued PS
9.65

Financials

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Whales Holding KRMN

B
Burkehill Global Management, LP
Holding
KRMN
+61.03%
3M Return
H
Hood River Capital Management LLC
Holding
KRMN
+24.71%
3M Return
Z
Zevenbergen Capital Investments LLC
Holding
KRMN
+24.04%
3M Return
D
Driehaus Capital Management LLC
Holding
KRMN
+14.26%
3M Return
G
Ghisallo Capital Management LLC
Holding
KRMN
+14.17%
3M Return
C
Carnegie Capital Asset Management, LLC
Holding
KRMN
+11.26%
3M Return

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Frequently Asked Questions

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

The current price of KRMN is 57.5 USD — it has decreased -12.69

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, system solutions for launch vehicle, satellite, spacecraft, missile defense, hypersonic and unmanned aircraft systems (UAS) customers. Its integrated payload protection, propulsion, and hydro/aerodynamic interstage system solutions are deployed across a 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 151.21M USD, increased 51.02

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, decreased -250.00

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

Karman Holdings Inc (KRMN) has 1400 emplpoyees as of May 30 2026.

What is Karman Holdings Inc (KRMN) market cap?

Today KRMN has the market capitalization of 8.42B USD.