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Karman seen as undervalued with strong growth and $250M contract potential despite recent stock drop.

Analyst Insights
05 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Karman (KRMN) is currently undervalued compared to its aerospace and defense peers despite leading revenue and EBITDA growth. The company reported strong Q1 results and provided robust guidance for 2026, supported by high revenue visibility. Key growth drivers include new munitions acceleration agreements, an expanding Space and Launch pipeline, and a pending $250 million contract. Despite a nearly 31% stock decline this year and risks from a secondary offering and CEO transition, the stock is viewed as a compelling buy with a $70 price target based on 2027 EV/EBITDA multiples.

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