Citigroup Increases Karman (NYSE:KRMN) Price Target to $127.00

Karman (NYSE:KRMN) had its target price lifted by investment analysts at Citigroup from $125.00 to $127.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Citigroup’s price objective indicates a potential upside of 50.96% from the company’s current price.

Other equities analysts also recently issued reports about the company. Truist Financial set a $118.00 price objective on Karman in a report on Friday, January 9th. Piper Sandler upgraded Karman from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $110.00 to $127.00 in a report on Friday, March 6th. Royal Bank Of Canada increased their target price on shares of Karman from $85.00 to $125.00 and gave the stock an “outperform” rating in a research report on Thursday, January 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of Karman in a report on Monday, December 29th. Finally, BWS Financial reaffirmed a “sell” rating and set a $37.00 price target on shares of Karman in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $117.10.

Karman Stock Down 2.2%

Shares of NYSE KRMN opened at $84.13 on Thursday. The stock has a market capitalization of $11.13 billion and a PE ratio of 647.20. The company has a quick ratio of 2.69, a current ratio of 2.86 and a debt-to-equity ratio of 1.27. The firm has a fifty day moving average of $96.42 and a 200-day moving average of $82.15. Karman has a 52-week low of $25.02 and a 52-week high of $118.38.

Karman (NYSE:KRMN) last issued its earnings results on Wednesday, March 25th. The company reported $0.11 earnings per share for the quarter, hitting the consensus estimate of $0.11. Karman had a return on equity of 13.36% and a net margin of 3.68%.The business had revenue of $134.49 million for the quarter. The firm’s quarterly revenue was up 47.5% on a year-over-year basis.

Institutional Investors Weigh In On Karman

A number of large investors have recently modified their holdings of the stock. Invesco Ltd. grew its stake in shares of Karman by 27.3% in the fourth quarter. Invesco Ltd. now owns 4,088,649 shares of the company’s stock valued at $299,166,000 after buying an additional 877,462 shares in the last quarter. Vident Advisory LLC acquired a new position in Karman during the 4th quarter worth approximately $14,579,000. VARCOV Co. purchased a new position in Karman in the 4th quarter worth approximately $485,000. Polymer Capital Management US LLC purchased a new position in Karman in the 4th quarter worth approximately $569,000. Finally, Engineers Gate Manager LP acquired a new stake in Karman in the fourth quarter valued at approximately $241,000.

Key Stories Impacting Karman

Here are the key news stories impacting Karman this week:

• Positive Sentiment: Strong results and outlook — Karman reported Q4 revenue of $134.5M (up ~47.5% YoY), adjusted EPS inline at $0.11, a robust $800M backlog and guided to roughly 53% revenue growth for 2026 while expanding capacity and M&A plans. Article Title
• Positive Sentiment: Analyst bullishness — several firms reiterated or raised buy ratings and targets after results (Citigroup raised to $127, Needham reaffirmed at $125), signaling meaningful upside in some models. Benzinga
• Neutral Sentiment: Earnings in line with expectations — EPS matched consensus ($0.11) and management hosted a detailed call/slide deck providing revenue breakdowns by segment and margin commentary. Earnings Transcript
• Neutral Sentiment: Industry backdrop supportive — management calls current demand “generational” across missiles, hypersonics, space and related areas, which underpins medium-term revenue visibility but not long-term certainty. MarketBeat
• Negative Sentiment: Large post-earnings selloff — shares plunged after the report despite strong fundamentals, suggesting profit‑taking and concern about near‑term margin pressure from recent acquisitions. MarketBeat
• Negative Sentiment: Bear case from some analysts — BWS Financial reaffirmed a sell rating with a $37 target (large downside vs. current levels), highlighting valuation risk if growth slows. Benzinga
• Negative Sentiment: High valuation — the stock trades at very rich multiples, implying several years of sustained high growth; that leaves KRMN sensitive to any slowdown or margin compression. MarketBeat

About Karman

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our 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. We estimate that no single program accounted for more than 10% of sales for the nine months ended September 30, 2024 or the twelve months ended December 31, 2023, with revenue from over 100 active programs supporting current production and next-generation space, missile, hypersonic, and defense applications.