Morgan Stanley cut target for Camtek stock to USD 152.00

Published on 10/09/2026 at 11:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue hit USD 133.24 million, up 8.00 percent year over year. Camtek stock costs EUR 135.43 on October 9, 2026 after EUR 134.48.

Key points in brief

Morgan Stanley cut Camtek's price target from USD 165.00 to USD 152.00 on September 28, 2026.
Camtek reported USD 133.24 million in second-quarter 2026 revenue, up 8.00 percent year over year.
The stock was trading at EUR 135.43 at Lang & Schwarz on October 9, 2026, plus 0.71 percent versus the prior close.
Camtek is scheduled to present its growth strategy and financial outlook on October 14, 2026.

Camtek, IL0010952641, Illustration mit AI erstellt.

Camtek (ISIN IL0010952641) faced a lower valuation benchmark after Morgan Stanley cut its price target from USD 165.00 to USD 152.00 on September 28, 2026, while retaining an Equal Weight rating, according to Markets Insider. Camtek was trading at EUR 135.43 at Lang & Schwarz on October 9, 2026 at 11:02 a.m. CEST.

Target cut meets stronger growth

The target reduction contrasts with Camtek's operating momentum. In the second quarter of 2026, revenue reached USD 133.24 million, up 8.00 percent from the same quarter of 2025 and 10.00 percent from the first quarter of 2026, according to Yahoo Finance. The same call reported a 51.40 percent non-GAAP gross margin and USD 36.00 million in operating income for the quarter.

Management guided for third-quarter 2026 revenue of USD 158.00 million to USD 160.00 million, which would represent a 20.00 percent sequential increase at the midpoint. It also said second-half 2026 revenue should grow more than 30.00 percent against the first half, with advanced packaging representing 75.00 percent of second-quarter revenue, according to Yahoo Finance.

Three milestones define the ramp

On May 12, 2026, Camtek reported first-quarter revenue of USD 121.66 million, according to Tickzen. On August 10, 2026, second-quarter revenue rose to USD 133.24 million, and on October 7, 2026, Camtek announced an investor and analyst breakfast for October 14, 2026, according to PR Newswire.

What comes on October 14?

Camtek's management plans to present its growth strategy, technology roadmap and financial outlook at SEMICON West on October 14, 2026, followed by a question-and-answer session, according to PR Newswire. The update matters because the company is entering the event with third-quarter revenue guidance of USD 158.00 million to USD 160.00 million and a stated operating-margin goal of 30.00 percent to 32.00 percent by year-end.

Camtek stock holds above its close

At Lang & Schwarz, Camtek stock was trading at EUR 135.43 on October 9, 2026 at 11:02 a.m. CEST, up 0.71 percent versus the prior close of EUR 134.48 on October 8, 2026. The primary Nasdaq listing was last quoted at USD 150.50 on October 8, 2026 at 4:00 p.m. ET, with a 52-week range of USD 91.91 to USD 215.99 and market capitalization of USD 7.0 billion.

The further course of trading is shown by the continuously updated real-time quote of Camtek stock.