CAMT
Camtek Ltd
NASDAQ: CAMT · TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS
$205.54
-9.36% today
Updated 2026-06-05
Market cap
$7.74B
P/E ratio
171.58
P/S ratio
15.51x
EPS (TTM)
$0.98
Dividend yield
—
52W range
$70 – $216
Volume
0.5M
Camtek Ltd (CAMT) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed CAMT price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$205.54
Today
Analyst consensus
$174.33
-15.18% · 12M
2030 Base
$224.34
+9.15% future
NPV today
$125.64
@ 13% WACC
14 analysts:
7 Buy7 Hold0 Sell
Management guidance
CEO Rafi Amit guided for >25% revenue growth in H2 2026 driven by unprecedented AI-linked orders for advanced packaging inspection and HBM applications. Company reported record Q1 2026 revenue of $121.66M and strengthened confidence for 2026-2027 growth. Q2 2026 guidance: $129-131M (implies ~19-21M sequential growth or ~6-8% QoQ), positioning full-year 2026 toward $580-600M range if H2 accelerates to >25% growth as stated.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
CAMT · Camtek Ltd · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$120.98
NPV today: $67.76
Base case (2030)
$224.34
NPV today: $125.64
Bull case (2030)
$431.05
NPV today: $241.41
WallStSmart.com
CAMT financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $0.5B | $0.6B | $0.8B | $0.9B | $1.1B | $1.2B |
| Revenue growth | 15.6% | 19.9% | 26.1% | 22.9% | 15.2% | 13.9% |
| Net margin | — | 30.2% | 31.7% | 32.9% | 32.6% | 32.3% |
| EPS | $3.21 | $3.85 | $5.10 | $6.50 | $7.40 | $8.35 |
| Diluted shares | — | 47M | 47M | 47M | 47M | 47M |
| Net debt | — | $-212.81M | $-329.32M | $-472.55M | $-637.53M | $-825.50M |
| P/S multiple | — | 8.0x | 8.0x | 8.0x | 8.0x | 8.0x |
| Implied price (base) | — | $106.62 | $135.57 | $167.94 | $195.24 | $224.34 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.2B |
| P/S multiple | 4.0x | 8.0x | 16.0x |
| Diluted shares | 47M | 47M | 47M |
| Net debt | $-825.50M | $-825.50M | $-825.50M |
| Implied P/E † | 15x | 27x | 52x |
| 2030 Price | $120.98 | $224.34 | $431.05 |
| NPV @ 13% | $67.76 | $125.64 | $241.41 |
† Implied P/E: Multiples remain elevated across all three scenarios because CAMT is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $224.34 base case
CAMT catalysts and risks
Growth catalysts
+ AI/HBM advanced packaging inspection dominance — unprecedented order intake and 25%+ H2 2026 growth driven by hyperscaler capex (TSMC, Samsung, Intel advanced nodes)
+ Visual Layer acquisition (April 2026) enhancing AI-based inspection/metrology TAM expansion and margin improvement
+ Multi-year customer commitments and RPO backlog from OSATs and IDMs for AI-linked inspection systems
+ High-bandwidth memory (HBM) adoption acceleration across Meta, Microsoft, NVIDIA — drives Camtek Hawk system demand through 2028-2030
Key risks
- Valuation richness: P/E 187.5x, P/S 14.58x — stock down 17.6% post-Q1 despite beat; market may have priced in significant growth already
- Cyclical semiconductor capex — slowdown in customer AI capex post-2027 could decelerate growth; heavy exposure to TSMC, Samsung, Intel geographies
- Margin pressure: Q1 2026 net margin 9.6% (TTM), down from prior levels; non-GAAP EPS growth (+26% 2027E) lags revenue growth (+19%), suggesting COGS headwinds
- Competitive intensity from KLA, ONTO, Nova in advanced packaging inspection; market share retention risk if new entrants emerge in AI inspection
Methodology · Camtek Ltd 2030 stock forecast model
Camtek Ltd 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 14 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (2% cumulative for CAMT by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-825.50M by 2030) |
| 3. Time value | NPV calculated using 13% WACC (CAPM: beta 1.625) |
| 4. Multiple framework | P/S compresses with scale: bear 4.0x / base 8.0x / bull 16.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
CAMT price target FAQ
What is the CAMT price target for 2030?
WallStSmart's Camtek Ltd 2030 base case is $224.34 per share, with a bull case of $431.05 and bear case of $120.98. The NPV of the base case discounted to today at 13% WACC is $125.64.
How is the Camtek Ltd 2030 stock forecast calculated?
The CAMT 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the CAMT price target account for dilution?
Camtek Ltd is projected to grow diluted share count from 46M to 47M by 2030 (a 2% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 2%.
What is the analyst consensus on CAMT stock?
14 analysts cover CAMT with an average 12-month price target of $174.33. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.