Karman Holdings Inc. (KRMN)
NYSE:KRMN
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KRMN Stock Chart & Stats
$83.58
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Market closed
$83.58
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Day’s Range― - ―
52-Week Range$42.47 - $118.38
Previous CloseN/A
VolumeN/A
Average Volume (3M)2.06M
Market Cap
$7.62B
Enterprise Value$8.41B
Total Cash (Recent Filing)$73.80M
Total Debt (Recent Filing)$866.99M
Price to Earnings (P/E)254.4
Beta1.41
Next Earnings
Aug 06, 2026EPS Estimate
0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.23
Shares Outstanding132,526,300
10 Day Avg. Volume2,456,121
30 Day Avg. Volume2,064,164
Financial Highlights & Ratios
PEG Ratio15.80
Price to Book (P/B)25.30
Price to Sales (P/S)20.53
P/FCF Ratio-228.05
Enterprise Value/Market Cap1.10
Enterprise Value/Revenue16.10
Enterprise Value/Gross Profit39.23
Enterprise Value/Ebitda60.79
Forecast
1Y Price Target
$102.89Price Target Upside23.10% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)0.61
Revenue Forecast (FY)$729.65M
Bulls Say, Bears Say
Bulls Say
Strong Revenue Growth And Improving MarginsKarman has transitioned from a 2022 loss to consistent profitability with TTM revenue growth and stronger margins; raised 2026 guidance reflects sustained demand across end markets. This durable top-line expansion and margin improvement support scalable earnings and investment capacity over the next several quarters.
Large Backlog And Multi-year Customer CommitmentsA >$1B backlog and ~90% visibility to guidance provide multi-period revenue visibility and production cadence. Written contingent commitments spanning 4–7 years, if converted, underpin durable revenue streams and support capacity planning, workforce stability and long-term supplier relationships.
Enhanced Liquidity And Credit FlexibilityMaterial improvement in liquidity—cash up materially and a larger untapped revolver—reduces near-term refinancing risk and funds capex, M&A integration and working capital. This stronger liquidity profile provides structural support for executing multi-year programs and absorbing timing gaps in contract awards.
Bears Say
High Absolute Leverage And Rising DebtKarman carries a sizable absolute debt load relative to equity and cash generation. Elevated leverage limits financial flexibility, raises refinancing and covenant risks, and leaves the company vulnerable to margin or cash-flow shocks even as management targets leverage reduction toward ~3x EBITDA by year-end 2026.
Deteriorating Operating And Free Cash FlowRecent reversal from prior positive free cash flow to negative OCF and FCF signals working-capital strain and/or elevated investments. Persistent negative cash conversion increases reliance on external financing to fund operations and growth, weakening the durability of earnings and limiting self-funded expansion.
Material Reliance On M&A And Contingent ContractsA large portion of near-term growth stems from acquisitions and contingent customer commitments. This raises execution, integration and timing risk: M&A can increase D&A and interest expense, complicate cash flow conversion, and leave revenue upside dependent on contract awards and customer finalization.
Karman Holdings Inc. News
KRMN FAQ
What was Karman Holdings Inc.’s price range in the past 12 months?
Karman Holdings Inc. lowest stock price was $42.47 and its highest was $118.38 in the past 12 months.
What is Karman Holdings Inc.’s market cap?
Karman Holdings Inc.’s market cap is $7.62B.
When is Karman Holdings Inc.’s upcoming earnings report date?
Karman Holdings Inc.’s upcoming earnings report date is Aug 06, 2026 which is in 67 days.
How were Karman Holdings Inc.’s earnings last quarter?
Karman Holdings Inc. released its earnings results on May 12, 2026. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.121 by -$0.011.
Is Karman Holdings Inc. overvalued?
According to Wall Street analysts Karman Holdings Inc.’s price is currently Undervalued.
Does Karman Holdings Inc. pay dividends?
Karman Holdings Inc. does not currently pay dividends.
What is Karman Holdings Inc.’s EPS estimate?
Karman Holdings Inc.’s EPS estimate is 0.13.
How many shares outstanding does Karman Holdings Inc. have?
Karman Holdings Inc. has 132,526,300 shares outstanding.
What happened to Karman Holdings Inc.’s price movement after its last earnings report?
Karman Holdings Inc. reported an EPS of $0.11 in its last earnings report, missing expectations of $0.121. Following the earnings report the stock price went up 7.682%.
Which hedge fund is a major shareholder of Karman Holdings Inc.?
Currently, no hedge funds are holding shares in KRMN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Karman Holdings Inc. Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$102.89 (23.10% Upside)
$102.89 (23.10% Upside)
Blogger Sentiment
Bullish
KRMN Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 419.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Bearish
Bullish news 29%
Bearish news 71%
Bearish news 71%
Technicals
SMA
Negative
20 days / 200 days
Momentum
31.85%
12-Months-Change
Fundamentals
Return on Equity
7.89%
Trailing 12-Months
Asset Growth
61.95%
Trailing 12-Months
Company Description
Karman Holdings Inc.
Karman Holdings Inc., through its subsidiary, Karman Space and Defense, engages in designing, testing, manufacturing, and sale of mission-critical systems for missile and defense, space programs, hypersonic, and launch vehicle markets. It also supplies metallic and composite flight hardware and sub-assemblies. In addition, the company provides solutions for payload protection and deployment systems, aerodynamic interstage systems, and propulsion systems. The company was incorporated in 2020 and is based in Huntington Beach, California. Karman Holdings Inc. is a subsidiary of TCFIII Spaceco SPV LP.
KRMN Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveys a strongly positive operational and financial trajectory: record revenue, profits, backlog and raised guidance underscore robust demand across all end markets, with meaningful customer commitments and capacity expansion underway. Risks include a sizable absolute debt load, reliance on contingent commitments and inorganic growth for part of the upside, and the usual timing uncertainty around defense appropriations and contract awards. Overall, positives (record results, backlog, raised guidance, multi‑year customer commitments, capacity investments) materially outweigh the outlined risks.View all KRMN earnings summariesKRMN Stock 12 Month Forecast
Average Price Target
$102.89
▲(23.10% Upside)
Technical Analysis
Ownership Overview
6.25% Insiders
24.40% Mutual Funds
37.24% Other Institutional Investors
13.35% Public Companies and
Individual Investors