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Karman Holdings Inc. (KRMN) Stock Analysis

SellVALUE-TRAP 2/5Moderate Confidence

Industrials · Aerospace & Defense

Sell if holding. Momentum 1.3/10 is below the 5.0 floor at $66.38 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Leverage penalty (D/E 1.5): -1.0; Concentration risk — Customer: top-3 customers (51.5%).

Karman Holdings designs and manufactures mission-critical systems for missile/defense and space programs, with three product families: Payload Protection, Aerodynamic Interstage, and Propulsion Systems. The company operates ~808,000 sq ft of facilities supporting 130+ active... Read more

$66.38+53.8% A.UpsideScore 5.3/10#19 of 46 Aerospace & Defense
Stop $63.53Target $101.88(analyst − 13%)A.R:R 3.6:1
Analyst target$117.10+76.4%10 analysts
$101.88our TP
$66.38price
$117.10mean
$37
$135

Sell if holding. Momentum 1.3/10 is below the 5.0 floor at $66.38 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Leverage penalty (D/E 1.5): -1.0; Concentration risk — Customer: top-3 customers (51.5%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 5.3/10, moderate confidence.

Passes 5/7 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on weak momentum. Suitability: moderate.

Thesis

Rewards
Strong growth profile
Analyst upside: 54%
Risks
Concentration risk — Customer: top-3 customers (51.5%)
Leverage penalty (D/E 1.5): -1.0
Negative momentum

Key Metrics

P/E (TTM)507.5
P/E (Fwd)67.4
Mkt Cap$8.7B
EV/EBITDA80.4
Profit Mgn3.7%
ROE6.0%
Rev Growth47.4%
Beta
DividendNone
Rating analysts17

Quality Signals

Piotroski F6/9

Options Flow

P/C0.46bullish
IV89%elevated

Concentration Risks(10-K Item 1A)

  • HIGHCustomertop-3 customers52%
    10-K Item 1A: 'Our three largest customers accounted for approximately 51.5% of revenue during the year ended December 31, 2025.'
  • LOWSuppliersingle supplier (accounts payable)24%
    10-K Item 1A: 'one supplier accounted for approximately 23.8% of accounts payable as of December 31, 2025.'

Material Events(8-K, last 90d)

  • 2026-03-12Item 5.02MEDIUM
    CEO Anthony Koblinski to retire effective March 23, 2026; no disagreement cited. Jonathan Rambeau (former L3Harris segment president) appointed as CEO effective March 23, 2026. Clean handoff with named successor.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

2 floor-breakers·1 ceiling hit

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Volume
0.0
Obv
1.0
Ma Position
2.2
Rsi
3.5
Volume distribution (falling OBV)Below 200-MA but MA still rising (+8.0%/30d) — pullback in uptrend, not confirmed weakness

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
1.3
Quality Rank
3.4
Growth Rank
8.8
Industry growth leader
GatesMomentum 1.3<4.5EARNINGS PROXIMITY 12d<=14d (soft)A.R:R 3.6 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARSuitability: Moderate
RSI
30 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $65.50Resistance $94.26

Price Targets

$64
$102
A.Upside+53.5%
A.R:R3.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Momentum score 1.3/10 — below 4.5 minimum

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-05-12 (12d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is KRMN stock a buy right now?

Sell if holding. Momentum 1.3/10 is below the 5.0 floor at $66.38 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Leverage penalty (D/E 1.5): -1.0; Concentration risk — Customer: top-3 customers (51.5%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $63.53. Score 5.3/10, moderate confidence.

What is the KRMN stock price target?

Take-profit target: $101.88 (+53.8% upside). Prior stop was $63.53. Stop-loss: $63.53.

What are the risks of investing in KRMN?

Concentration risk — Customer: top-3 customers (51.5%); Leverage penalty (D/E 1.5): -1.0; Negative momentum.

Is KRMN overvalued or undervalued?

Karman Holdings Inc. trades at a P/E of 507.5 (forward 67.4). TrendMatrix value score: 4.1/10. Verdict: Sell.

What do analysts say about KRMN?

17 analysts cover KRMN with a consensus score of 4.2/5. Average price target: $117.

What does Karman Holdings Inc. do?Karman Holdings designs and manufactures mission-critical systems for missile/defense and space programs, with three...

Karman Holdings designs and manufactures mission-critical systems for missile/defense and space programs, with three product families: Payload Protection, Aerodynamic Interstage, and Propulsion Systems. The company operates ~808,000 sq ft of facilities supporting 130+ active programs, with revenue spread across hypersonics, tactical missiles, and space/launch end markets.

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