Morgan Stanley cuts target for Camtek stock to USD 152.00

Published on 10/13/2026 at 09:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Camtek revenue rose 8.00 percent to USD 133.24 million in the second quarter of 2026. Camtek stock costs EUR 128.98 on October 13, 2026.

Key points in brief

Morgan Stanley cut its Camtek price target from USD 165.00 to USD 152.00 on September 28, 2026.
Camtek reported USD 133.24 million revenue in the second quarter of 2026, up 8.00 percent year over year.
Management guided for third-quarter 2026 revenue of USD 158.00 million to USD 160.00 million.
Camtek will host an investor breakfast at SEMICON West on October 14, 2026.
The stock was at EUR 128.98 at Lang & Schwarz on October 13, 2026 at 9:16 a.m. CEST.

Camtek, IL0010952641, Illustration mit AI erstellt.

Camtek (ISIN IL0010952641) is preparing an investor and analyst breakfast at SEMICON West on October 14, 2026, while Morgan Stanley had cut its price target from USD 165.00 to USD 152.00 on September 28, 2026. TipRanks reported that the bank kept an Equal Weight rating on the stock.

Orders and revenue set the backdrop

Camtek reported USD 133.24 million in revenue for the second quarter of 2026, an 8.00 percent year-over-year increase. The result also represented a 10.00 percent rise from the first quarter, according to the Yahoo Finance transcript of the August 10, 2026 earnings call.

Management guided for third-quarter 2026 revenue of USD 158.00 million to USD 160.00 million, implying a 20.00 percent sequential increase from the second quarter. The same transcript recorded USD 36.00 million of operating income and a 27.00 percent operating margin for the quarter.

Three milestones frame the update

On June 5, 2026, Camtek announced more than USD 105.00 million of multi-system orders from a tier-one outsourced semiconductor assembly and test customer and a leading high-bandwidth memory manufacturer, according to Camtek. On August 10, 2026, the company reported second-quarter revenue of USD 133.24 million.

On October 7, 2026, Camtek announced the October 14 investor and analyst breakfast. Morningstar reported that management will present its growth strategy, technology roadmap and updated financial target model, with the webcast scheduled to start at 7:20 a.m. Pacific Time.

What does the outlook imply?

The immediate test is whether the third-quarter revenue range of USD 158.00 million to USD 160.00 million can convert the order momentum into reported growth. Management also said advanced packaging revenue could grow 45.00 percent in the second half of 2026 compared with the first half, while year-to-date orders had exceeded USD 600.00 million, according to Yahoo Finance.

Camtek stock stays tied to execution

Camtek's market capitalization was USD 6.9 billion on October 12, 2026, while its primary-market 52-week range was USD 91.91 to USD 215.99. The valuation backdrop leaves execution against the USD 158.00 million to USD 160.00 million third-quarter guide as the clearest near-term measure of whether the growth narrative is translating into results.

Camtek was trading at EUR 128.98 at Lang & Schwarz on October 13, 2026 at 9:16 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Camtek stock.