Citigroup has initiated coverage on Karman Holdings Inc (KRMN) with a Buy rating as of December 11, 2025. This marks the firm's first assessment of the company, which operates in the Aerospace & Defense sector, focusing on missile systems design, testing, and manufacturing.
Karman Holdings, headquartered in Huntington Beach, California, employs 1,113 full-time staff. The company specializes in propulsion systems, launchers, and payload protection solutions for the Department of Defense and space initiatives. As of the latest financial snapshot, Karman Holdings has a market capitalization of $8.4 billion, a P/E ratio of 744.14, and an EPS of $0.09.
The upcoming earnings report is anticipated on May 4, 2026, with estimates of $0.11 EPS and $130.3 million in revenue. Recent earnings performance showed Q3 2025 EPS at $0.10, falling short of the $0.11 estimate by 12.2%. The analyst consensus currently stands at Buy, with 5 Strong Buy, 6 Buy, and 1 Hold ratings.
Such decisions reflect Citigroup's evaluation of Karman's growth prospects amid evolving industry dynamics.