Is Karman Holdings (KRMN) One of the New Stocks on the Rise?

Karman Holdings Inc. (NYSE:KRMN) is one of the new stocks on the rise. On January 28, KeyBanc analyst Michael Leshock raised the price target for Karman to $122 from $80 with an Overweight rating. This adjustment was made as part of a broader sector update. The firm pointed to a surge in momentum within the space and defense tech industries, projecting that an ideal macroeconomic environment will persist through 2026. This favorable backdrop is expected to unlock substantial growth opportunities and lead to a positive re-rating of equities across the industry.

Furthermore, on January 21, Piper Sandler initiated coverage of Karman with a Neutral rating and a $98 price target, balancing the company’s strong fundamentals against its recent rapid share appreciation. While the firm acknowledged Karman’s high-quality long-term growth potential, driven by its focus on defense and a successful M&A strategy, the firm suggested that the stock’s 37% rally over the first 13 trading days of 2026 exhausted its immediate tactical appeal. Consequently, Piper Sandler views the current valuation as a difficult entry point.

Citi also increased its price target for Karman Holdings Inc. (NYSE:KRMN) to $123 from $84 on January 13 with a Buy rating as part of a broader update to its aerospace and defense coverage. The firm believes that the sector’s current momentum is set to persist through at least H1 2026.

Karman Holdings Inc. (NYSE:KRMN), through its subsidiary, designs, tests, manufactures, and sells mission-critical systems in the US. It offers payload protection and deployment systems, aerodynamic interstage systems, and propulsion systems.

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Disclosure: None. This article is originally published at Insider Monkey.