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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
92.180
Open
90.000
VWAP
86.32
Vol
3.96M
Mkt Cap
11.08B
Low
83.210
Amount
342.13M
EV/EBITDA(TTM)
99.95
Total Shares
132.53M
EV
11.62B
EV/OCF(TTM)
--
P/S(TTM)
23.45
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.
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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
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
2026-03-25
16:20:00
Karman Up 3% to $102.31 After Q4 Results and Guidance Raise
select

News

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.
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.
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 147.06, compared to its 5-year average forward P/E of 118.37. 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
118.37
Current PE
147.06
Overvalued PE
154.87
Undervalued PE
81.87

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
53.45
Current EV/EBITDA
63.86
Overvalued EV/EBITDA
71.10
Undervalued EV/EBITDA
35.81

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
13.71
Current PS
12.56
Overvalued PS
17.37
Undervalued PS
10.05

Financials

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Quarterly

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Whales Holding KRMN

H
Hood River Capital Management LLC
Holding
KRMN
+16.06%
3M Return
D
Driehaus Capital Management LLC
Holding
KRMN
+9.72%
3M Return
G
Ghisallo Capital Management LLC
Holding
KRMN
+6.67%
3M Return
T
TimesSquare Capital Management, LLC
Holding
KRMN
+5.93%
3M Return
C
Carnegie Capital Asset Management, LLC
Holding
KRMN
+5.25%
3M Return
S
Stephens Investment Management Group, LLC
Holding
KRMN
+3.63%
3M Return

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Frequently Asked Questions

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

The current price of KRMN is 83.58 USD — it has decreased -4.93

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 April 20 2026.

What is Karman Holdings Inc (KRMN) market cap?

Today KRMN has the market capitalization of 11.08B USD.