Needham & Company LLC Issues Pessimistic Forecast for Camtek (NASDAQ:CAMT) Stock Price

Key Points

• Needham cut its Camtek price target from $170 to $130 but maintained a Buy rating, implying 28.2% upside from the prior close.
• Camtek shares fell 9.8% to $101.41. Analyst views diverge: Morgan Stanley downgraded the stock to Underweight with a $126 target, while the consensus rating is Hold with an average target of $168.83.
• Despite the share-price pressure, Camtek reported Q3 revenue of $161.3 million, up 28% year over year, and EPS of $0.99, matching consensus; management expects about $180 million in Q4 revenue.

Camtek (NASDAQ:CAMT - Get Free Report) had its target price decreased by analysts at Needham & Company LLC from $170.00 to $130.00 in a research note issued on Wednesday, Benzinga reports. The brokerage presently has a "buy" rating on the semiconductor company's stock. Needham & Company LLC's price objective indicates a potential upside of 28.20% from the stock's previous close.

Other equities research analysts also recently issued research reports about the stock. Cantor Fitzgerald reiterated a "neutral" rating and issued a $175.00 target price on shares of Camtek in a research report on Tuesday, September 22nd. Morgan Stanley cut shares of Camtek from an "equal weight" rating to an "underweight" rating and lowered their price target for the company from $152.00 to $126.00 in a report on Monday. B. Riley Financial dropped their price target on shares of Camtek from $200.00 to $166.00 and set a "buy" rating on the stock in a research note on Tuesday, October 20th. Weiss Ratings reiterated a "hold (c)" rating on shares of Camtek in a report on Tuesday, August 11th. Finally, Stifel Nicolaus set a $170.00 price objective on Camtek in a research report on Monday, August 10th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $168.83.

Camtek Stock Down 9.8%

NASDAQ:CAMT traded down $10.96 on Wednesday, hitting $101.41. 812,281 shares of the company's stock traded hands, compared to its average volume of 501,580. The company has a market cap of $4.73 billion, a PE ratio of 157.90, a price-to-earnings-growth ratio of 2.16 and a beta of 1.69. Camtek has a 1 year low of $91.91 and a 1 year high of $215.99. The company has a current ratio of 7.38, a quick ratio of 6.58 and a debt-to-equity ratio of 0.69. The firm has a 50-day moving average price of $139.64 and a 200-day moving average price of $156.77.

Camtek (NASDAQ:CAMT - Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The semiconductor company reported $0.99 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.99. Camtek had a net margin of 7.40% and a return on equity of 21.58%. The business had revenue of $161.29 million during the quarter, compared to analyst estimates of $160.36 million. During the same period in the prior year, the firm earned $0.82 earnings per share. The firm's revenue was up 28.0% compared to the same quarter last year. Equities analysts anticipate that Camtek will post 3.29 EPS for the current fiscal year.

Insider Activity

In other Camtek news, CFO Moshe Eisenberg sold 3,759 shares of Camtek stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $160.06, for a total value of $601,665.54. Following the completion of the sale, the chief financial officer directly owned 16,884 shares in the company, valued at $2,702,453.04. The trade was a 18.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Rafi Amit sold 6,250 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $170.52, for a total transaction of $1,065,750.00. Following the sale, the chief executive officer owned 55,350 shares in the company, valued at $9,438,282. The trade was a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 26,843 shares of company stock valued at $4,514,249. 79.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Camtek

Institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc boosted its position in Camtek by 576.7% in the second quarter. IFP Advisors Inc now owns 203 shares of the semiconductor company's stock valued at $33,000 after buying an additional 173 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Camtek in the 1st quarter valued at $42,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Camtek by 46.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 298 shares of the semiconductor company's stock valued at $45,000 after acquiring an additional 95 shares in the last quarter. Compass Financial Management LLC acquired a new stake in shares of Camtek during the 2nd quarter valued at $57,000. Finally, QRG Capital Management Inc. bought a new stake in Camtek during the 2nd quarter worth $206,000. 41.93% of the stock is currently owned by institutional investors and hedge funds.

Camtek News Roundup

Here are the key news stories impacting Camtek this week:

• Positive Sentiment: Camtek posted record Q3 2026 revenue of $161.3 million, up 28% year over year and slightly above estimates. Earnings were $0.99 per share, compared with $0.82 a year earlier and a Zacks consensus estimate of $0.98. Camtek Q3 results
• Positive Sentiment: Management expects about $180 million in Q4 revenue and issued an initial 2027 outlook for revenue above $800 million, supporting expectations for continued growth. Camtek Q3 results and outlook
• Neutral Sentiment: Analyst price targets have diverged following the 2026 outlook update, suggesting differing views on how much future growth is already reflected in the shares. Camtek price target split
• Negative Sentiment: Morgan Stanley downgraded Camtek to Underweight from Equalweight, with a $126 price target. The firm cited valuation concerns, saying optimism was largely priced in, and flagged risks from 2D inspection competition and pricing pressure. Such concerns help explain why the shares have been under pressure despite strong results. Morgan Stanley downgrade

About Camtek

Camtek Ltd. NASDAQ: CAMT is an Israel-based provider of inspection and metrology equipment for the semiconductor industry. The company develops and manufactures systems that help chipmakers detect defects, measure manufacturing processes, and improve production yields during the fabrication and packaging of semiconductor devices.

Its product portfolio includes automated optical inspection and metrology systems for wafers, substrates, and packaged devices, along with inspection solutions for advanced packaging, memory, image sensors, and other specialty semiconductor applications.

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