Bank of America has revised its price target for Camtek (CAMT, Financial), reducing it to $80 from the previous $105 but maintaining a Buy rating. Despite expectations that U.S. chip vendors will exceed first-quarter results due to originally conservative forecasts and improved demand driven by tariff-related pull-ins, broader concerns linger.
According to Bank of America's analysis, a "modest" tariff scenario is anticipated to impact sales adversely, with an average decline between 4% and 6% for the semiconductor sector. In a more severe tariff situation, sales could decrease by 9% in 2025 and 12% in 2026.
Additionally, earnings per share (EPS) might suffer from a 12% to 13% drop if tariffs affect the industry modestly. Due to these uncertainties, Bank of America has adjusted targets across its semiconductor coverage.
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 71.28% from the current price of $60.33. 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 23.32% from the current price of $60.33. 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.
