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Camtek price target lowered to $128 from $140 at Northland

Northland analyst Gus Richard lowered the firm’s price target on Camtek (CAMT) to $128 from $140 and keeps an Outperform rating on the shares after the company guided Q4 inline and said it expects the first half of 2026 to be weak. The firm, which believes customers are waiting to purchase back-end inspection equipment for HBM4 DRAM closer to the launch of Nvidia’s (NVDA) Rubin, lowers its price target based on lower calendar year 2026 estimates.

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