Piper Sandler upgrades Karman Holdings to Overweight with a $127 price target (up from $110), citing a major munitions "super cycle" driven by global defense needs and recent conflicts.
Citi places Karman Holdings on "upside 90-day catalyst watch" while keeping Buy rating and $125 price target after strong management chat. Demand is rising, pointing to beats on guidance.
Karman Space & Defense (KRMN) shares jump in premarket trading after announcing 2026 revenue guidance of $700-$715M, significantly beating Wall Street expectations of $578M.
