Karman (NYSE:KRMN) Stock Price Breaks Above Fifty Day Moving Average Following Analyst Downgrade

Key Points

• Karman shares rose above their 50-day moving average, trading as high as $45.90 and last at $45.06, compared with a 50-day average of $35.93. Weiss upgraded its rating from C- to C, both classified as “Hold.”
• Karman beat third-quarter estimates, reporting adjusted EPS of $0.19 versus $0.16 expected and revenue of $201.62 million, up 65.6% year over year. The company raised its 2026 revenue outlook to $755 million–$760 million and reported a $1.7 billion backlog.
• Analyst views remain mixed: MarketBeat lists a “Moderate Buy” consensus and a $73 average price target, while some firms have cut targets. Director David Stinnett also bought 27,000 shares at $37.32 each.

Karman Holdings Inc. (NYSE:KRMN - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Friday after Weiss Ratings upgraded the stock from a hold (c-) rating to a hold (c) rating. The stock has a fifty day moving average of $35.93 and traded as high as $45.90. Karman shares last traded at $45.06, with a volume of 10,164,826 shares.

A number of other analysts have also commented on KRMN. Royal Bank Of Canada decreased their target price on Karman from $85.00 to $70.00 and set an "outperform" rating for the company in a research report on Monday, September 28th. Citigroup increased their price target on shares of Karman from $76.00 to $78.00 and gave the company a "buy" rating in a research report on Monday, August 10th. Guggenheim initiated coverage on shares of Karman in a research note on Monday, September 14th. They issued a "buy" rating and a $63.00 price target for the company. Piper Sandler reiterated an "overweight" rating and issued a $91.00 price target (down from $114.00) on shares of Karman in a research note on Friday, August 7th. Finally, Barclays assumed coverage on shares of Karman in a research report on Thursday, October 8th. They issued an "overweight" rating and a $79.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $73.00.

Insiders Place Their Bets

In other news, Director David Stinnett acquired 27,000 shares of the business's stock in a transaction that occurred on Wednesday, September 16th. The shares were purchased at an average price of $37.32 per share, for a total transaction of $1,007,640.00. Following the acquisition, the director owned 3,530,395 shares of the company's stock, valued at $131,754,341.40. This represents a 0.77% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 5.77% of the company's stock.

More Karman News

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

Institutional Investors Weigh In On Karman

Institutional investors and hedge funds have recently bought and sold shares of the stock. Grandeur Peak Global Advisors LLC grew its stake in Karman by 98.4% in the 2nd quarter. Grandeur Peak Global Advisors LLC now owns 59,025 shares of the company's stock valued at $2,947,000 after purchasing an additional 29,281 shares during the period. Readystate Asset Management LP purchased a new stake in Karman during the second quarter valued at about $5,675,000. Vontobel Holding Ltd. boosted its stake in Karman by 53.3% in the third quarter. Vontobel Holding Ltd. now owns 131,881 shares of the company's stock worth $4,276,000 after buying an additional 45,847 shares in the last quarter. Wellington Management Group LLP purchased a new position in Karman in the 2nd quarter worth $16,086,000. Finally, Bouvel Investment Partners LLC bought a new position in Karman during the 3rd quarter worth approximately $1,841,000.

Karman Trading Up 40.4%

The company has a market capitalization of $5.97 billion, a PE ratio of 115.54 and a beta of 0.45. The company has a debt-to-equity ratio of 2.01, a current ratio of 3.56 and a quick ratio of 3.40. The firm's 50 day moving average is $35.93 and its 200 day moving average is $62.50.

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

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.

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