Camtek, the Technology sector company, was revisited by a Wall Street analyst today. Analyst Charles Shi from Needham maintained a Buy rating on the stock and has a $125.00 price target.
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Charles Shi has given his Buy rating due to a combination of factors including Camtek’s recent financial performance and future growth prospects. The company reported third-quarter results that slightly exceeded expectations, driven by revenue from high-performance computing (HPC) sectors. Additionally, Camtek’s guidance for the fourth quarter indicates a modest increase in revenue, with stable gross margins.
Looking ahead to 2026, management anticipates a growth year, particularly in the second half, despite a projected year-over-year decline in the first quarter. Camtek’s strong position in 3D Metrology for high-bandwidth memory (HBM) and its growing influence in CoWoS and related technologies at top-tier outsourced semiconductor assembly and test (OSAT) companies further support this positive outlook. Consequently, the long-term growth narrative for Camtek remains compelling, justifying the Buy rating and a price target of $125.
In another report released today, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $135.00 price target.