Karman (NYSE:KRMN) Stock Price Target Lowered at Needham & Company LLC

Karman (NYSE:KRMN) had its price objective decreased by Needham & Company LLC from $80.00 to $50.00 in a research note released on Friday morning,Benzinga reports. Needham & Company LLC currently has a buy rating on the stock.

Several other equities research analysts also recently commented on KRMN. Piper Sandler reaffirmed an “overweight” rating and set a $60.00 target price (up from $59.00) on shares of Karman in a report on Friday. Guggenheim initiated coverage on shares of Karman in a report on Monday, September 14th. They set a “buy” rating and a $63.00 price target on the stock. Oppenheimer started coverage on shares of Karman in a research report on Thursday, October 22nd. They issued an “outperform” rating and a $40.00 price target for the company. Truist Financial lowered their price objective on shares of Karman from $118.00 to $85.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th. Finally, Citigroup increased their price target on shares of Karman from $76.00 to $78.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $73.00.

Karman Stock Performance

Shares of Karman stock traded up $12.97 during trading on Friday, hitting $45.06. 10,164,826 shares of the stock were exchanged, compared to its average volume of 2,970,484. The company has a debt-to-equity ratio of 2.01, a quick ratio of 3.40 and a current ratio of 3.56. Karman has a 12 month low of $29.34 and a 12 month high of $118.38. The stock’s fifty day moving average is $35.93 and its 200 day moving average is $62.50. The stock has a market cap of $5.97 billion, a PE ratio of 115.54 and a beta of 0.45.

Karman (NYSE:KRMN) last posted its earnings results on Friday, November 6th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.03. Karman had a net margin of 6.31% and a return on equity of 15.54%. The firm had revenue of $201.62 million during the quarter. During the same period in the previous year, the firm earned $0.10 earnings per share. The company’s revenue for the quarter was up 65.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Karman will post 0.59 EPS for the current year.

Insiders Place Their Bets

In other Karman news, Director David Stinnett purchased 27,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The stock was purchased at an average price of $37.32 per share, with a total value of $1,007,640.00. Following the completion of the transaction, the director directly owned 3,530,395 shares of the company’s stock, valued at approximately $131,754,341.40. This trade represents a 0.77% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 5.77% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Karman

Several large investors have recently made changes to their positions in the company. Mawer Investment Management Ltd. acquired a new position in Karman in the third quarter worth $5,472,000. William Blair Investment Management LLC lifted its holdings in Karman by 87.4% during the 3rd quarter. William Blair Investment Management LLC now owns 1,832,222 shares of the company’s stock worth $59,401,000 after buying an additional 854,760 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new position in Karman during the 3rd quarter worth $29,000. Fifth Third Bancorp boosted its position in Karman by 34.8% in the 3rd quarter. Fifth Third Bancorp now owns 167,935 shares of the company’s stock valued at $5,444,000 after buying an additional 43,387 shares during the last quarter. Finally, King Luther Capital Management Corp boosted its position in Karman by 17.4% in the 3rd quarter. King Luther Capital Management Corp now owns 119,121 shares of the company’s stock valued at $3,862,000 after buying an additional 17,697 shares during the last quarter.

Key Headlines Impacting Karman

Here are the key news stories impacting Karman this week:

• Positive Sentiment: Third-quarter adjusted EPS was $0.19, topping the $0.16 consensus estimate and doubling the year-ago $0.10. Revenue reached $201.62 million, up 65.6% year over year. Karman Q3 earnings and revenue beat estimates
• Positive Sentiment: Karman raised FY 2026 revenue guidance to $755 million–$760 million, above the $742.2 million analyst consensus. Its reported backlog of $1.7 billion adds support for the growth outlook. Karman’s revenue outlook and backlog
• Positive Sentiment: Piper Sandler reaffirmed its Overweight rating and raised its price target to $60 from $59. Piper Sandler rating update
• Negative Sentiment: Needham lowered its price target to $50 from $80, although it kept a Buy rating. The cut tempers the otherwise favorable analyst response to the results. Needham price-target update

Karman Company Profile

Karman Holdings Corp., doing business as Karman Space & Defense, is an aerospace and defense company that develops and manufactures mission-critical components, assemblies and structures. Its products are used in space-launch vehicles, missiles, hypersonic systems and other defense applications where performance, reliability and precision are essential.

The company’s capabilities include the production of composite and metallic structures, propulsion-related components, precision-machined parts and other highly engineered hardware.