| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/10/2025 | $35.00 | Outperform | RBC Capital Mkts |
| 3/10/2025 | $40.00 | Outperform | Robert W. Baird |
| 3/10/2025 | $42.00 | Buy | Citigroup |
| 3/10/2025 | Outperform | William Blair | |
| 3/10/2025 | $38.00 | Outperform | Evercore ISI |
Karman Space & Defense ("Karman", "Karman Holdings, Inc." or "the Company") (NYSE:KRMN), a leader in the rapid design, development, and production of next-generation technologies to combat near-peer nation state threats, focused on critical, integrated systems for the hypersonic, missile defense, UAV and space sectors, today reported fiscal year 2024 financial results. Full-Fiscal Year 2024 Highlights Produced record revenue of $345.3 million in 2024, up 23.0% year over year Generated record net income of $12.7 million in 2024, up 191.3% year over year Delivered record adjusted EBITDA of $106.1 million in 2024, up 29.7% year over year Achieved record funded backlog of $579.8 millio
MTI is a rapidly growing leader in manufacturing specialized refractory metal alloy systems that play a critical role in optimizing performance in the ultra-high temperature environments of next-generation missile programs The acquisition accelerates access to new, critical and classified strategic missile defense programs that align with current and future U.S. Department of Defense funding priorities MTI is deeply embedded in early development stages of major defense programs with extensive engineering and qualification requirements for refractory metal products involving unique, proprietary manufacturing methods The acquisition adds complementary and highly technical capabilities
Karman Space & Defense (NYSE:KRMN) ("Karman" or "the Company"), a leader in the design, testing, volume manufacturing, and sale of highly engineered, mission-critical subsystems for advanced missile, uncrewed aircraft, and space systems, today announced the grand opening of a new and purpose-built clean room, designed for the integration of lunar landers, spacecraft, habitat modules and satellites, at its Washington facility. Building on a decades long successful track record supporting major space programs, this investment strengthens Karman's ability to provide turn-key assembly, integration, and testing of state-of-the-art space vehicle systems and habitats at the fast pace required by t
Karman Space & Defense ("Karman" or "the Company") (NYSE:KRMN), a leader in the design, testing, volume manufacturing, and sale of highly engineered, mission-critical subsystems for advanced missile, uncrewed aircraft, and space systems today announced the successful completion of a refinancing transaction that replaces its previous term loan and revolving credit facility, significantly extending maturity dates and reducing interest expense. "This refinancing transaction represents another important step forward for Karman, strengthening our balance sheet and providing us with significant flexibility to support organic growth and strategic acquisitions," said Mike Willis, Chief Financial O
Karman Space & Defense ("Karman" or "the Company") (NYSE:KRMN), a leader in the design, testing, volume manufacturing, and sale of highly engineered, mission-critical subsystems for advanced missile, uncrewed aircraft, and space systems today announced the extension of its 10K filing date to ensure sufficient time to complete remaining administrative audit tasks, as a result of the significant audit activity associated with its February IPO that delayed the start of the fiscal year 2024 audit. Management affirmed that its strong 2024 financial results were in line with preliminary 2024 results included in its IPO registration statement filed with the Securities and Exchange Commission, sup
Karman Space & Defense (NYSE:KRMN) ("Karman" or "the Company"), a leader in the design, testing, volume manufacturing, and sale of highly engineered, mission-critical subsystems for advanced missile, uncrewed aircraft, and space systems, today announced the appointment of Steven Gitlin as Vice President of Investor Relations, effective immediately. Gitlin reports to Karman Space & Defense's Chief Financial Officer, Mike Willis. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250325314240/en/Karman Space & Defense Appoints Vice President of Investor Relations Steven Gitlin Gitlin is responsible for leading Karman Space & Defense's
NEW YORK, Feb. 14, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on February 14th Karman Holdings (NYSE:KRMN) sees stock jump in NYSE debutStocks gain as President Trump holds off on new tariffs ThursdayNvidia rose and inflation worries eased after data releaseWatch NYSE TV Live every weekday 9:00-10:00am ET View original content t
RBC Capital Mkts initiated coverage of Karman Space and Defense with a rating of Outperform and set a new price target of $35.00
Robert W. Baird initiated coverage of Karman Space and Defense with a rating of Outperform and set a new price target of $40.00
Citigroup initiated coverage of Karman Space and Defense with a rating of Buy and set a new price target of $42.00
William Blair initiated coverage of Karman Space and Defense with a rating of Outperform
Evercore ISI initiated coverage of Karman Space and Defense with a rating of Outperform and set a new price target of $38.00
10-K - Karman Holdings Inc. (0002040127) (Filer)
8-K - Karman Holdings Inc. (0002040127) (Filer)
8-K - Karman Holdings Inc. (0002040127) (Filer)
8-K - Karman Holdings Inc. (0002040127) (Filer)
4 - Karman Holdings Inc. (0002040127) (Issuer)
4 - Karman Holdings Inc. (0002040127) (Issuer)
4 - Karman Holdings Inc. (0002040127) (Issuer)
4 - Karman Holdings Inc. (0002040127) (Issuer)
4 - Karman Holdings Inc. (0002040127) (Issuer)
MTI is a rapidly growing leader in manufacturing specialized refractory metal alloy systems that play a critical role in optimizing performance in the ultra-high temperature environments of next-generation missile programs The acquisition accelerates access to new, critical and classified strategic missile defense programs that align with current and future U.S. Department of Defense funding priorities MTI is deeply embedded in early development stages of major defense programs with extensive engineering and qualification requirements for refractory metal products involving unique, proprietary manufacturing methods The acquisition adds complementary and highly technical capabilities
Karman Space & Defense ("Karman" or "the Company") (NYSE:KRMN), a leader in the design, testing, volume manufacturing, and sale of highly engineered, mission-critical subsystems for advanced missile, uncrewed aircraft, and space systems today announced the extension of its 10K filing date to ensure sufficient time to complete remaining administrative audit tasks, as a result of the significant audit activity associated with its February IPO that delayed the start of the fiscal year 2024 audit. Management affirmed that its strong 2024 financial results were in line with preliminary 2024 results included in its IPO registration statement filed with the Securities and Exchange Commission, sup
Karman Space & Defense (NYSE:KRMN) ("Karman" or "the Company"), a leader in the design, testing, volume manufacturing, and sale of highly engineered, mission-critical subsystems for advanced missile, uncrewed aircraft, and space systems, today announced the appointment of Steven Gitlin as Vice President of Investor Relations, effective immediately. Gitlin reports to Karman Space & Defense's Chief Financial Officer, Mike Willis. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250325314240/en/Karman Space & Defense Appoints Vice President of Investor Relations Steven Gitlin Gitlin is responsible for leading Karman Space & Defense's