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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
87.330
Open
86.450
VWAP
78.97
Vol
2.36M
Mkt Cap
11.12B
Low
74.750
Amount
186.44M
EV/EBITDA(TTM)
100.35
Total Shares
132.32M
EV
11.67B
EV/OCF(TTM)
--
P/S(TTM)
23.59
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)
2026-03-25
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
2026-03-12 (ET)
2026-03-12
09:10:00
Karman CEO Tony Koblinski Retires, Jon Rambeau Takes Over
select
2026-03-06 (ET)
2026-03-06
16:10:00
U.S. Nonfarm Payrolls Miss Expectations, Unemployment Rate Rises to 4.4%
select

News

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.
Barron's
4.5
03-26Barron's
U.S. Markets Declined on Thursday; Karman Holdings Experienced Largest Loss
  • Stock Market Decline: U.S. stock indexes experienced a decline on Thursday, with significant drops across major indices.
  • Index Performance: The S&P 500 fell by 2.38%, the Dow Jones dropped 1.74%, and the Nasdaq decreased by 1.01%.
CNBC
2.0
03-26CNBC
Memory Stocks Plummet, Adobe Downgraded
  • Memory Stock Decline: Shares of memory chipmakers fell sharply following Google's unveiling of a new AI model, with Sandisk dropping nearly 4% and Micron Technology, Western Digital, and Seagate Technology each declining about 2%, indicating significant memory demand pressures in the industry.
  • Mining Stocks Drop: Shares of gold and silver miners fell alongside declining precious metal prices, with First Majestic Silver shedding about 5% and both Coeur Mining and Hecla Mining losing nearly 4%, reflecting a bearish sentiment in the precious metals market.
  • Adobe Downgrade: Adobe's stock dipped 1.4% after William Blair downgraded it from outperform to market perform, highlighting uncertainty regarding its position as an AI winner or loser, which may impact investor confidence.
  • Navan's Strong Guidance: Travel tech firm Navan soared 18% after guiding for strong revenue in 2027, expecting full-year revenue between $866 million and $874 million, exceeding market expectations, showcasing its robust growth potential in the industry.
seekingalpha
9.5
03-26seekingalpha
Karman Holdings Reports Record Q4 2025 Earnings and Strategic Growth
  • Record Performance: Karman Holdings achieved $134 million in revenue for Q4 2025, a 47% increase year-over-year, with gross profit reaching $54 million and a gross margin of 40%, reflecting strong execution across all markets.
  • Strategic Acquisitions: The company completed three acquisitions in 2025, including Seemann and MSC, which expand its capabilities in Maritime Defense, expected to enhance overall business strength and drive future growth.
  • Positive Outlook: CEO Jonathan Rambeau's 2026 guidance anticipates full-year revenue of $715 million to $730 million and non-GAAP adjusted EBITDA of $207 million to $218 million, representing year-over-year growth of 53% and 46%, respectively.
  • Strong Backlog: Karman's backlog reached $801 million by the end of 2025, a 38% year-over-year increase, with enhanced visibility of 80% for future revenue growth due to recent acquisitions.
stocktwits
9.5
03-25stocktwits
Karman Reports Record Quarterly Net Income and Revenue Growth
  • Record Net Income: Karman reported a quarterly net income of $7.7 million, representing a staggering 358% year-over-year increase, highlighting the company's robust performance in the defense sector and rapid market demand growth.
  • Record Backlog Achievement: KRMN achieved a record backlog of $801.1 million during the quarter, up 38.2% compared to the end of Q4 2024, providing strong support for future revenue growth.
  • Revenue Guidance Increase: Karman raised its total revenue expectations for FY 2026 to between $715 million and $730 million, with adjusted EBITDA projected between $207 million and $218 million, reflecting the company's confidence in future performance.
  • Positive Stock Reaction: Following the report, KRMN shares rose 1.4% during Wednesday's extended trading hours, indicating investor optimism regarding the company's strong financial results.
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
BWS
Hamed Khorsand
Sell
maintain
$37
AI Analysis
2026-03-27
New
Reason
BWS
Hamed Khorsand
Price Target
$37
AI Analysis
2026-03-27
New
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.
Citi
Buy
raise
$125 -> $127
2026-03-26
New
Reason
Citi
Price Target
$125 -> $127
2026-03-26
New
raise
Buy
Reason
Citi raised the firm's price target on Karman to $127 from $125 and keeps a Buy rating on the shares post the Q4 report. The firm sees the company beating its 2026 outlook as demand strengthens.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for KRMN
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Valuation Metrics

The current forward P/E ratio for Karman Holdings Inc (KRMN.N) is 151.25, compared to its 5-year average forward P/E of 107.40. 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
107.40
Current PE
151.25
Overvalued PE
141.98
Undervalued PE
72.81

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
46.30
Current EV/EBITDA
61.74
Overvalued EV/EBITDA
59.92
Undervalued EV/EBITDA
32.69

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
13.80
Current PS
18.52
Overvalued PS
17.94
Undervalued PS
9.66

Financials

AI Analysis
Annual
Quarterly

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Whales Holding KRMN

H
Hood River Capital Management LLC
Holding
KRMN
+8.74%
3M Return
D
Driehaus Capital Management LLC
Holding
KRMN
+2.90%
3M Return
S
Stephens Investment Management Group, LLC
Holding
KRMN
+0.93%
3M Return
T
TimesSquare Capital Management, LLC
Holding
KRMN
+0.53%
3M Return
D
Donaldson Capital Management LLC
Holding
KRMN
-2.65%
3M Return
C
Conestoga Capital Advisors, LLC
Holding
KRMN
-3.51%
3M Return

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Frequently Asked Questions

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

The current price of KRMN is 74.82 USD — it has decreased -11

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 1113 emplpoyees as of March 31 2026.

What is Karman Holdings Inc (KRMN) market cap?

Today KRMN has the market capitalization of 11.12B USD.