Barclays has revised its forecast for Camtek (CAMT, Financial), a technology company specializing in semiconductor manufacturing solutions. Analyst Tom O’Malley has lowered the firm's price target for Camtek to $85, down from a previous target of $120, while maintaining an Overweight rating on the company's shares.
This adjustment comes as Barclays updates its semiconductor and semiconductor capital equipment models in anticipation of upcoming first-quarter earnings. The modifications take into account the implications of ongoing tariffs and the broader trade conflict, which are expected to impact the sector. Furthermore, the analyst has adjusted the target multiples to address risks specific to the Chinese market and consumer sector concerns.
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 $100.56 with a high estimate of $120.00 and a low estimate of $80.00. The average target implies an upside of 71.54% from the current price of $58.62. 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 26.92% from the current price of $58.62. 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.
