Karman Holdings Inc. (KRMN) shares tumbled 13.5% to $34.17 as of November 4, 2026, a sharp decline from the prior close of $39.51. BestStocks flagged the session as a major change for KRMN. The move is tied to price move down. Below, we break down what changed for KRMN, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
KRMN fell 13.5% to $34.17
Karman Holdings Inc. (KRMN) moved -11.82% from $38.75 to $34.17 on November 4, 2026, driven by KeyCorp slashing its price target from $100 to $65 (maintaining Overweight) and institutional selling pressure ahead of Q3 earnings scheduled for November 5. Volume surged to 2.9x the 5-day average, and the decline reflects broader multi-month de-rating concerns tied to valuation multiples and debt levels. Karman Space & Defense earnings and guidance on November 5, 2026—Q3 EPS consensus is $0.15.
This summary describes the catalyst and move as first detected on Nov 4, 2026, 4:45 PM EST; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Material / EarningsMedium confidence
Rel. volume
2.1×
Very High
Vs peers
—
No comparable peers
Market cap
$4.5B
New York Stock Exchange
Analyst target
$76
+121.2% vs price
Price chart
Oct 5 – Nov 4
E earnings
F filing
A analyst
V/N other
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Change events — click to jump to details
What it means for Karman Holdings Inc. investors
For Karman Holdings Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Positive price momentum; Positive price momentum. Weighing against that: Material negative event; Sharp 13.5% decline — elevated risk. Wall Street's consensus price target sits at $75.60, implying +121.2% upside from $34.17. BestStocks rates the overall signal quality medium (60/100). With earnings roughly 1 days out, the next report is the most likely near-term test of the move.
KRMN price reaction
KRMN last traded at $34.17, down $5.34 (-13.52%) from the previous close of $39.51. The session traded on 2.1× average volume (very high), so the move carried above-average conviction. Over the past month the stock has ranged between $30.14 and $41.69, and it currently sits about 35% of the way up that band.
Bullish and bearish analyst opinions on Karman Holdings Inc. (KRMN)
▼Latest catalyst·a bearish counterpoint
The latest catalyst — a materially negative development — a bearish counterpoint that challenges the prevailing bullish analyst view.
The consensus analyst price target on Karman Holdings Inc. (KRMN) is $75.60, 121.2% above the recent $34.17. Over the past 90 days analysts logged 0 upgrades, 10 maintains, and 0 downgrades. Here is how the bullish and bearish cases on KRMN line up.
▲ The bullish case
+Wall Street's consensus price target of $75.60 implies +121.2% upside from $34.17.
+The Street's most bullish target is $100.00 (+192.7%).
+Positive price momentum.
▼ The bearish case
−Material negative event.
−Sharp 13.5% decline — elevated risk.
−High volume 2.1x on decline — distribution signal.
−Karman Holdings (KRMN) fell 7.65% to $36.66, hitting a new 52-week low amid multiple compression and sector-wide de-rating of aerospace-and-defense names.
Bull vs bear balanceBearish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Nov 4, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Karman Holdings Inc. (KRMN) moved +8.88% from $38.29 to $41.69 on 2026-10-29. We checked news, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincided with volume 1.4x the 5-day average and a new 30-day high.
Karman Holdings rallied 4.54% to $36.15 on October 23, 2026, driven by a $218 million seven-year Lockheed Martin contract for THAAD missile system aerodynamic shroud manufacturing (per web sources citing the deal announcement) and positive analyst coverage including Oppenheimer's Outperform rating with a $40 price target. The move also coincided with the company's announcement of Q3 2026 earnings scheduled for November 5. Trading volume reached 1.01 million shares, running below the intraday average at this session stage.
News2026-10-22-2.0%
Karman Space & Defense scheduled third quarter fiscal 2026 earnings release and conference call.
Karman Holdings announced a $218 million long-term agreement to support THAAD production, according to Business Wire. The stock rose 5.31% to $35.71 on normal intraday volume (1.03x average), reflecting investor optimism around the defense contract award.
News2026-10-20+3.3%
KRMN secures seven-year, $218 million Lockheed Martin contract to supply THAAD shrouds.
Material / Earnings2026-10-15+12.5%
Karman Holdings Inc. (KRMN) moved +13.15% from $29.96 to $33.90 on 2026-10-15. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was 1.9x the 5-day average, modestly elevated.
Karman Holdings extended a multi-week decline to new 52-week lows around $32.15, driven by persistent concerns raised in a JCap short-seller report questioning the company's cash flow generation despite revenue growth, combined with prior disclosures of internal control weaknesses and an upsized secondary offering (ng.investing.com, uk.investing.com). KRMN fell 4.78% to $30.36 on below-average volume of 916K shares (0.49x expected for this time).
Material / Earnings2026-10-07-5.7%
Karman Holdings Inc. (KRMN) moved -5.28% from $33.14 to $31.39 on October 7, 2026, extending a downward trend amid broader market pressures from rising Treasury yields and surging oil prices. The decline reflects sector-wide momentum fade in speculative space and defense names, compounded by company-specific concerns about low free cash flow conversion relative to high revenue multiples and elevated P/E valuation despite strong backlog.
In-depth KRMN event analyses
Permanent, dated analyses of KRMN's most significant sessions.
KRMN tumbled 13.5% to $34.17. The move is associated with price move down.
How much did KRMN stock fall?
KRMN lost 13.52% ($5.34) versus the prior close of $39.51, last trading at $34.17 on 2.1× average volume.
When is Karman Holdings Inc.'s next earnings date?
KRMN's next earnings report is estimated for 2026-11-05 — about 1 day away.
What is the analyst price target for KRMN?
The consensus analyst price target for KRMN is $75.60, about 121.2% above the current $34.17. Over the past 90 days, analysts recorded 0 upgrades, 10 maintains, and 0 downgrades.
How BestStocks tracks KRMN
This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 20 tracked change events for KRMN, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of November 4, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
