Camtek price target raised to $140 from $105 at Northland

Northland raised the firm’s price target on Camtek (CAMT) to $140 from $105 and keeps an Outperform rating on the shares. While the firm sees a “high probability” that the calendar year 2026 consensus of $3.53 is low and that estimates will be revised higher due to increasing demand for advanced packaging for AI accelerators, HBM, and HBM mobile, it is expanding the multiple at this time rather than raising its estimates, the analyst tells investors.