New York, Jan 11, 2026, 19:42 EST — The market has closed.
- Karman shares ended Friday up 4.9%, closing at $106.22, close to their 52-week peak.
- The surge traces back to a $220 million maritime-defense deal and new analyst price target raises.
- Up next is Karman’s investor call on Jan. 21, where it expects to cover details of the deal and its outlook for fiscal 2026.
Karman Holdings Inc shares rose 4.9% on Friday, closing at $106.22 after hitting an intraday high of $109.22, close to the stock’s 52-week peak. Around 2.49 million shares exchanged hands, with after-hours trading indicating a price near $108. This jump pushes Karman to a high trailing price-to-earnings ratio, reflecting how much investors are paying per dollar of earnings. (Investing)
That strong finish late last week capped a sharp rally: Karman’s stock has jumped about 45% over the past six sessions, according to Trefis. This surge has added roughly $4.4 billion in market value, based on their calculations. Momentum traders piled into the stock following acquisition news and a flurry of upbeat analyst notes. (Trefis)
Karman agreed to acquire Seemann Composites and Materials Sciences for $220 million, paying $210 million in cash plus roughly $10 million in Karman shares. The target specializes in composite systems for naval platforms, including submarines and unmanned vessels. Karman expects the deal to be immediately accretive in 2026 and plans to outline an upgraded fiscal 2026 outlook during a Jan. 21 call. CEO Tony Koblinski said the move into maritime “has been on our strategic roadmap for years.” (Business Wire)
A filing revealed the closing depends on standard conditions, such as the expiration or termination of any U.S. antitrust waiting periods. Karman said the purchase agreement was signed on Dec. 31. (SEC)
Following the acquisition news, analysts swiftly updated their forecasts. Truist lifted its price target to $118 from $89, maintaining a buy rating, MarketScreener reported. Meanwhile, the consensus target from eight analysts sits around $94.71, still under Friday’s closing price. (MarketScreener)
Karman made its market debut in February 2025. The Huntington Beach, California-based space and defense supplier, along with selling shareholders, pulled in $506 million through an upsized IPO, priced at $22 per share, Reuters reported. (Reuters)
On Monday, traders will see if the stock can maintain its late-week gains after the weekend lull and liquidity picks up. Friday’s trading was volatile, with a wide range, and Karman has behaved like a story stock — sharp swings and swift reversals.
There’s also a risk angle. The deal must still pass regulatory hurdles and be successfully integrated. Meanwhile, Karman’s stock has raced ahead over six days, pricing in plenty of optimism and now looks pricey based on trailing earnings.
Guidance remains a key focus. Karman stuck to its fiscal 2025 revenue and adjusted EBITDA targets in the acquisition announcement, but come the Jan. 21 call, investors will push for details on fiscal 2026 — wanting more than just “accretive.” They’ll want to know exactly how, and how quickly.
The next key event is the investor call on Jan. 21. Management is set to reveal the updated fiscal 2026 outlook related to the Seemann and Materials Sciences deal and address questions about timing, integration, and the closing process.
