Karman Holdings jumps as investors digest Q1 results, raised outlook, and $1B backlog

Karman Holdings (KRMN) is up 8.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to the company’s fiscal Q1 2026 earnings update and related filings, which highlighted rapid year-over-year growth, record backlog, and an increase to full-year guidance metrics. With the stock prone to sharp post-earnings swings, a “better-than-feared” read-through on profitability, visibility, and demand may be driving buyers back in.

Details:

The company reported fiscal Q1 2026 results and discussed demand across defense and space-related programs, alongside commentary on visibility from funded backlog.

Karman highlighted a record backlog around $1.0 billion (up materially year over year), which can support investor confidence in forward revenue conversion.

Management raised elements of its full-year fiscal 2026 outlook (including revenue and adjusted EBITDA), signaling stronger expectations than previously communicated.

The quarter also reflected contributions from acquisitions completed in January 2026, expanding exposure to maritime defense and composites/resin capabilities.

Sources:

Karman Space & Defense Investor Relations, U.S. SEC (EDGAR), StockAnalysis

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$KRMN Insider Trading Activity

$KRMN insiders have traded $KRMN stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.

Here’s a breakdown of recent trading of $KRMN stock by insiders over the last 6 months:

ANTHONY KOBLINSKI (Chief Executive Officer) has made 0 purchases and 4 sales selling 300,000 shares for an estimated $19,627,500.
MICHAEL WILLIS (Chief Financial Officer) sold 115,000 shares for an estimated $6,742,887
BRIAN RADUENZ sold 90,000 shares for an estimated $6,120,134
JONATHAN BEAUDOIN (Chief Operating Officer) sold 74,000 shares for an estimated $4,712,875
STEPHANIE SAWHILL (Chief Growth Officer) sold 62,000 shares for an estimated $3,963,622

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$KRMN Hedge Fund Activity

We have seen 198 institutional investors add shares of $KRMN stock to their portfolio, and 142 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

VANGUARD GROUP INC added 5,621,556 shares (+151.1%) to their portfolio in Q4 2025, for an estimated $411,329,252
FALCON WEALTH PLANNING added 2,569,446 shares (+inf%) to their portfolio in Q1 2026, for an estimated $205,684,152
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA added 1,952,568 shares (+inf%) to their portfolio in Q4 2025, for an estimated $142,869,400
VAN ECK ASSOCIATES CORP added 1,594,518 shares (+125.3%) to their portfolio in Q4 2025, for an estimated $116,670,882
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 1,268,355 shares (-97.8%) from their portfolio in Q4 2025, for an estimated $92,805,535
CAPITAL WORLD INVESTORS removed 1,087,978 shares (-53.4%) from their portfolio in Q1 2026, for an estimated $87,092,638
LIDO ADVISORS, LLC added 922,814 shares (+28973.8%) to their portfolio in Q1 2026, for an estimated $73,871,260

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$KRMN Analyst Ratings

Wall Street analysts have issued reports on $KRMN in the last several months. We have seen 2 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

BWS Financial issued a "Sell" rating on 03/27/2026
Citigroup issued a "Buy" rating on 01/13/2026
Keybanc issued a "Overweight" rating on 12/19/2025

To track analyst ratings and price targets for $KRMN, check out Quiver Quantitative's $KRMN forecast page.

$KRMN Price Targets

Multiple analysts have issued price targets for $KRMN recently. We have seen 9 analysts offer price targets for $KRMN in the last 6 months, with a median target of $125.0.

Here are some recent targets:

Amit Daryanani from Evercore ISI Group set a target price of $100.0 on 05/13/2026
Austin Bohlig from Needham set a target price of $125.0 on 04/09/2026
Hamed Khorsand from BWS Financial set a target price of $37.0 on 03/27/2026
John Godyn from Citigroup set a target price of $127.0 on 03/26/2026
Peter Arment from Baird set a target price of $135.0 on 03/20/2026
Clarke Jeffries from Piper Sandler set a target price of $127.0 on 03/06/2026
Michael Leshock from Keybanc set a target price of $122.0 on 01/28/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.