Karman Holdings Inc. (NYSE:KRMN) is a new stock on the rise, with KeyBanc analyst Michael Leshock raising the price target to $122 from $80 on January 28. This adjustment reflects a surge in momentum in the space and defense tech industries, with a positive macroeconomic environment expected to drive growth opportunities through 2026.

Piper Sandler initiated coverage of Karman on January 21 with a Neutral rating and a $98 price target, noting the company’s strong fundamentals but cautioning against its recent rapid share appreciation. Citi also increased its price target to $123 from $84 on January 13, citing the sector’s momentum through H1 2026.

Karman Holdings Inc. (NYSE:KRMN) designs and sells mission-critical systems in the US, including payload protection and deployment systems, aerodynamic interstage systems, and propulsion systems. While KRMN offers investment potential, some AI stocks may offer greater upside with less downside risk, especially those benefiting from Trump-era tariffs and the onshoring trend.

Read more at Yahoo Finance: Is Karman Holdings (KRMN) One of the New Stocks on the Rise?