B. Riley analyst Craig Ellis has adjusted his price target for Camtek (CAMT, Financial), lowering it from $110 to $85. Despite this change, he maintains a Buy rating on the company's shares. This revision is part of a broader adjustment by the firm affecting most companies in the back-end semiconductor capital equipment sector. The adjustments reflect a more cautious outlook on demand as the industry approaches first-quarter earnings reports.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Camtek Ltd (CAMT, Financial) is $103.33 with a high estimate of $120.00 and a low estimate of $80.00. The average target implies an upside of 76.25% from the current price of $58.63. More detailed estimate data can be found on the Camtek Ltd (CAMT) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Camtek Ltd's (CAMT, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Camtek Ltd (CAMT, Financial) in one year is $74.40, suggesting a upside of 26.9% from the current price of $58.63. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Camtek Ltd (CAMT) Summary page.
