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Camtek raises price target after strong Q2 revenue growth driven by AI semiconductor demand

Company Fundamentals
10 Aug 2026
Stuart Mooney
View Source
Bullish
pluang ai news

Camtek reported record Q2 2026 revenue of $133.2 million, up 8% year-over-year, fueled by advanced packaging for AI applications which made up 75% of sales. Earnings per share of $0.78 beat estimates, and the company projects Q3 revenue between $158 million and $160 million, supported by a strong backlog and demand for new semiconductor technologies. Analyst Brian Chin raised the price target to $170, implying a 7% upside from the current stock price. This signals confidence in Camtek's growth amid rising semiconductor inspection equipment demand.

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