tiprankstipranks
Trending News
More News >

Oppenheimer bullish on Camtek, initiates with an Outperform

As previously reported, Oppenheimer analyst Edward Yang initiated coverage of Camtek (CAMT) with an Outperform rating and $100 price target. Camtek is most lauded for high-resolution 3D inspection tools that boost AI chip yields by precisely measuring micro-bumps in high-bandwidth memory stacks and chiplets, but it’s growing in 2D inspection, where Onto Innovation (ONTO) leads. Both have felt valuation impacts from short-term HBM over-investment, with Camtek down 40% from its peak, despite 2024’s 36% revenue growth. Encouragingly, Oppenheimer notes that Camtek still expects to grow “well above” the broader chip equipment market in 2025, and investor expectations for 8% growth in 2026 are easier.

Don’t Miss TipRanks’ Half-Year Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1