These Analysts Revise Their Forecasts On Karman After Upbeat Q3 Results

Karman Holdings Inc (NYSE:KRMN) on Thursday reported better-than-expected third-quarter financial results and raised its FY26 sales guidance above estimates.

Karman reported quarterly earnings of 19 cents per share which beat the analyst consensus estimate of 15 cents per share. The company reported quarterly sales of $201.623 million which beat the analyst consensus estimate of $194.697 million.

Karman Holdings raised its FY2026 sales guidance from $730.000 million-$745.000 million to $755.000 million-$760.000 million.

“We delivered another quarter of record results, highlighted by 66% total revenue growth, 25% organic revenue growth, 60% adjusted EBITDA growth, $13 million of free cash flow, and a doubling of backlog compared to fiscal year-end 2025,” said Jon Rambeau, Chief Executive Officer of Karman Space & Defense. “With significant visibility into our increased fiscal 2026 guidance, we are focused on building backlog for 2027 and beyond while supporting our long-term organic revenue growth algorithm of 20% to 25%.”

Karman shares gained 11.8% to $35.86 in pre-market trading.

These analysts made changes to their price targets on Karman following earnings announcement.

• Piper Sandler analyst Clarke Jeffries reiterated the stock with an Overweight rating and raised the price target from $59 to $60.
• Needham analyst Austin Bohlig maintained the stock with a Buy and lowered the price target from $80 to $50.

Considering buying KRMN stock? Here’s what analysts think:

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