KRMN

Karman Holdings Inc

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Advanced Chart

50.450

+1.04(2.105%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

51.000

Open

49.530

VWAP

Vol

6.15M

Mkt Cap

6.68B

Low

49.000

Amount

EV/EBITDA(TTM)

Total Shares

132.32M

EV/OCF(TTM)

P/S(TTM)

Karman Holdings Inc. specializes in the rapid design, development, and production of technologies to combat near-peer nation state threats, focused on critical, integrated systems for the hypersonic, missile defense, UAV and space sectors. Its core technology offerings include propulsion, deployable shrouds, launchers, and energetic subsystems. Its integrated payload protection, propulsion and interstage system solutions are deployed across a variety of existing and emerging programs supporting Department of Defense and space sector initiatives. Its Payload Protection and Deployment Systems involves the full design and manufacturing of the top section of a booster, launch vehicle, payload, or missile system. Its Propulsion Systems involves the integrated offering of solid rocket motor subsystems, launch systems, and ablative composites. The Aerodynamic and Interstage Systems involves supporting metallic and composite subsystems designed for aerodynamics and interstage separation.

5 Analyst Rating

1.09% Upside

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 is 51.00 USD with a low forecast of 45.00 USD and a high forecast of 58.00 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.

5 Buy

0 Hold

0 Sell

Strong Buy

1.09% Upside

Current: 50.450

Low

45.00

Averages

51.00

High

58.00

1.09% Upside

Current: 50.450

Low

45.00

Averages

51.00

High

58.00

RBC Capital

Outperform

maintain

$44 -> $51

2025-07-03

Reason

RBC Capital

Price Target

$44 -> $51

2025-07-03

maintain

Outperform

Reason

RBC Capital raised the firm's price target on Karman to $51 from $44 and keeps an Outperform rating on the shares as part of a broader research note offering a positive outlook for "small cap defense tech" names. The sector is poised for continued outperformance, driven by the growth in FY26 defense spending, idiosyncratic positioning in growth markets - including space, missiles, missile defense, hypersonics, unmanned, and AI - as well as some company specific valuation mismatches, the analyst tells investors in a research note.

Citi

Buy

upgrade

$58

2025-06-09

Reason

Citi

Price Target

$58

2025-06-09

upgrade

Buy

Reason

Citi raised the firm's price target on Karman to $58 from $46.50 and keeps a Buy rating on the shares. The firm updated price targets in aerospace and defense to reflect recent acquisition activity, recent wins, and more supportive legislation.

Baird

Peter Arment

maintain

$40 -> $50

2025-05-14

Reason

Baird

Peter Arment

Price Target

$40 -> $50

2025-05-14

maintain

Reason

Baird analyst Peter Arment raised the firm's price target on Karman to $50 from $40 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results calling its the best in class growth story.

RBC Capital

Outperform

maintain

$38 -> $44

2025-05-14

Reason

RBC Capital

Price Target

$38 -> $44

2025-05-14

maintain

Outperform

Reason

RBC Capital raised the firm's price target on Karman to $44 from $38 and keeps an Outperform rating on the shares. The company's Q1 revenue and adjusted EBITDA were ahead of consensus, and while the management reiterated the 2025 guide, with 95% revenue visibility thanks to its strong Q1 bookings, the firm sees upside to the revenue guidance, the analyst tells investors in a research note. Shifting priorities at the DoD have been a positive for sentiment given Karman's end-market exposure, RBC added.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Karman Holdings Inc (KRMN.N) is 100.98, compared to its 5-year average forward P/E of 85.07. 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.

Fair

5Y Average PE

85.07

Current PE

100.98

Overvalued PE

115.56

Undervalued PE

54.59

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.

Fair

5Y Average EV/EBITDA

37.43

Current EV/EBITDA

46.86

Overvalued EV/EBITDA

50.29

Undervalued EV/EBITDA

24.57

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.

Fair

5Y Average PS

11.16

Current PS

14.41

Overvalued PS

15.09

Undervalued PS

7.22

Financials

Annual

Quarterly

FY2025Q1

YoY :

+20.62%

100.12M

Total Revenue

FY2025Q1

YoY :

-26.19%

9.96M

Operating Profit

FY2025Q1

YoY :

-326.11%

-4.80M

Net Income after Tax

FY2025Q1

YoY :

-300.00%

-0.04

EPS - Diluted

FY2025Q1

YoY :

-1381.02%

-18.63M

Free Cash Flow

FY2025Q1

YoY :

+16.85%

33.21

Gross Profit Margin - %

FY2025Q1

-2.40

FCF Margin - %

FY2025Q1

YoY :

-287.11%

-4.79

Net Margin - %

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

0.0

Volume

6-9

Months

0.0

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

1.8M

Volume

Months

6-9

0.0

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

KRMN News & Events

Events Timeline

2025-07-24 (ET)

2025-07-24

07:06:30

Karman 21M share Secondary priced at $49.00

2025-07-21 (ET)

2025-07-21

17:05:51

Karman sees Q2 revenue $114.5M-$115M, consensus $105.8M

2025-07-21

17:01:12

Karman announces 20M share offering of common stock for holders

News

4.0

07-25NASDAQ.COM

Karman Holdings Reaches Analyst Target Price

9.5

07-21Newsfilter

Karman Space & Defense Releases Preliminary Second Quarter Fiscal Year 2025 Financial Results in Connection with Launch of Secondary Public Offering; Schedules Earnings Release, Conference Call and Webcast

3.5

07-16Yahoo Finance

Joby Stock Spikes, eVTOL Maker To Double Robotaxi Production