5 Best Space Exploration Stocks to Buy According to Analysts

4. Karman Holdings Inc. (NYSE:KRMN)

Number of Hedge Fund Holders: 36

Karman Holdings Inc. (NYSE:KRMN) is one of the 10 best space exploration stocks to buy according to analysts.

On March 13, 2026, Needham initiated coverage of Karman Holdings Inc. (NYSE:KRMN) with a Buy rating and a price target of $125. The firm cited the unique position held by the company as a crucial supplier of mission-critical subsystems. In the research note, the firm’s analyst Austin Bohlig highlighted a $100 billion opportunity for Karman Space & Defense across space, maritime, and unmanned defense sectors. Additionally, as the U.S. defense spending supercycle accelerates, the firm anticipates the company will exceed its 25% organic revenue growth target.

In another development, on March 10, 2026, Karman Holdings Inc. (NYSE:KRMN) announced that it will open a new state-of-the-art facility in Utah. The new facility is aimed at increasing its production capacity for loitering missiles and counter-UAS launch systems. In addition to this, the digitally-enabled factory will also double its output of critical solid rocket motor nozzles. Notably, as part of its production capacity expansion strategy, the company has invested over $15 million, spread across the past 12 months. This is in addition to a $5 million Department of War grant.

Founded in 2020, Karman Holdings Inc. (NYSE:KRMN) is an aerospace and defense technology company specializing in mission-critical systems for space, missile, and hypersonic programs, with headquarters in California.