Camtek stock: Needham cuts target for Camtek stock from USD 190.00 to USD 170.00

Published on 10/19/2026 at 15:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue reached USD 133.24 million, up 8.00 percent year over year. Camtek stock costs EUR 120.23 on October 19, 2026.

Targets and operating figures

Needham lowered its Camtek target from USD 190.00 to USD 170.00 on October 16, 2026.
Second-quarter 2026 revenue reached USD 133.24 million, up 8.00 percent year over year.
Camtek stock costs EUR 120.23 at Lang & Schwarz on October 19, 2026 at 3:06 p.m. CEST.
The price-to-earnings ratio was 212.25 and market capitalization was USD 6.0 billion.

Camtek, IL0010952641, Illustration mit AI erstellt.

MarketBeat reported on October 16, 2026 that Needham lowered its Camtek price target from USD 190.00 to USD 170.00 while maintaining a buy rating. Against the Nasdaq price of USD 129.47 on that date, the revised target implied 31.30 percent upside. Camtek stock was trading at EUR 120.23 at Lang & Schwarz on October 19, 2026 at 3:06 p.m. CEST.

Revenue reached USD 133.24 million

Camtek's latest reported quarter delivered revenue of USD 133.24 million in the second quarter of 2026, an 8.00 percent increase from the second quarter of 2025. Simply Wall St also reported net income of USD 23.30 million for the period, down 31.00 percent year over year. The combination leaves the stock dependent on continued execution rather than on revenue growth alone.

Price remains below the yearly high

The Nasdaq quote stood at USD 129.47 on October 16, 2026, down 1.45 percent for that session. Camtek's 52-week range was USD 91.91 to USD 215.99, placing the share price 40.06 percent below the high and 40.88 percent above the low. The latest quote also stood below the 50-day average of USD 148.57 and the 200-day average of USD 160.41.

Valuation and November 9

Camtek had a market capitalization of USD 6.0 billion and a price-to-earnings ratio of 212.25 in the latest finance snapshot. The company had 709 employees and develops inspection and metrology systems for semiconductor manufacturing. MarketBeat estimated the next quarterly results date as November 9, 2026, before the market opens.

Comparison with peers

Camtek: P/E 212.25, market capitalization USD 6.0 billion
Onto Innovation (NYSE, USD): minus 4.85 percent, P/E 82.97, market capitalization USD 10.8 billion
KLA (Nasdaq, USD): minus 5.00 percent, P/E 45.22, market capitalization USD 216.3 billion

Trading frame

The key tension is visible in the contrast between Camtek's 8.00 percent second-quarter revenue growth and its 212.25 price-to-earnings ratio. Needham's lower target adds a valuation reference, while the November 9 reporting date supplies the next scheduled checkpoint for revenue and earnings.

Camtek price at Lang & Schwarz

Camtek stock was trading at EUR 120.23 at Lang & Schwarz on October 19, 2026 at 3:06 p.m. CEST. The primary listing is on Nasdaq under CAMT, while Camtek also trades on the Tel Aviv Stock Exchange. The further course of trading is shown by the continuously updated real-time quote of Camtek stock.