Camtek's revenue growth has decelerated sharply from 39.6% in 2024Q3 to 2.5% in 2026Q1, signaling a normalization from the AI-driven HBM surge. While gross margins have held near 50%, operating leverage is fading as R&D and SG&A costs rise, compressing operati...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth decelerated from 39.6% in 2024Q3 to 2.5% in 2026Q1, while gross margin stabilized near 50% and operating margin contracted from 27.6% in 2025Q1 to 22.4% in 2026Q1.
Camtek's May 2026 guidance projects Q2 revenue of US$129-US$131 million and anticipates second-half 2026 revenue to be over 25% higher than the first half.
Camtek reported receiving over US$105 million in combined multi-system orders from a tier-1 OSAT and a leading HBM manufacturer for AI-related semiconductor applications.
The introduction of Eagle and Hawk systems has been well-received, with expectations to double revenue in 2026.
Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 10, 2026 | $0.78+2.5% vs $0.76 | $133M+2.2% vs $130M |
Q2 2026 May 12, 2026 | $0.70+2.3% vs $0.68 | $122M+1.3% vs $120M |
Q1 2026 Feb 18, 2026 | $0.81-2.4% vs $0.83 | $128M+0.7% vs $127M |
Q4 2025 Nov 10, 2025 | $0.82+2.1% vs $0.80 | $126M+0.7% vs $125M |
Camtek Ltd. (NASDAQ: CAMT - Get Free Report)'s stock price gapped up before the market opened on Tuesday. The stock had previously closed at $142.61, but opened at $151.02. Camtek shares last traded at $150.15, with a volume of 34,129 shares changing hands. Analysts Set New Price Targets Several research firms have recently commented on CAMT.
Aehr's AI-driven burn-in demand, record backlog and sharp fiscal 2027 growth outlook strengthen its case over Camtek despite a richer valuation.
A landmark report by Bain & Company projects that the global artificial intelligence (AI) market must reach $6 trillion in annual revenue by 2031 to justify the massive capital being poured into global compute infrastructure. While hype has historically gravitated toward mega-cap software and consumer platforms, Bain's 7th annual Global Technology Report highlights a major structural shift: hardware and specialized infrastructure components are outpacing traditional software growth.
Camtek is a critical hardware provider for the high-growth AI and advanced packaging markets. The company demonstrates strong revenue growth and effective management of its innovation pipeline.
Benchmark CAMT against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Camtek Ltd. (CAMT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $165.19 | $7.71B | 158.84 | 15.57% | 10.22% | 8.7% | — | |
| $327.77 | $16.3B | 117.90 | 1.82% | 11.84% | 6.5% | — | |
| $100.77 | $5.27B | 9999.00 | -7.38% | 12.18% | 13.55% | — | |
| $73.48 | $3.47B | -46.21 | 12.74% | -7.43% | -4.91% | — | |
| $83.38 | $5.35B | 60.86 | 15.24% | 14.48% | 7.24% | — | |
| $62.92 | $2.19B | -40.86 | 11.61% | -3.97% | -5.61% | — |
Camtek Ltd. (CAMT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Camtek Ltd. (CAMT) stock FAQ — growth, dividends, profitability & financials explained
Camtek Ltd. (CAMT) reported $509.0M in revenue for fiscal year 2025. This represents a 2030% increase from $23.9M in 1999.
Camtek Ltd. (CAMT) grew revenue by 15.6% over the past year. This is strong growth.
Yes, Camtek Ltd. (CAMT) is profitable, generating $37.7M in net income for fiscal year 2025 (10.2% net margin).
Camtek Ltd. (CAMT) has a return on equity (ROE) of 8.7%. This is below average, suggesting room for improvement.
Camtek Ltd. (CAMT) generated $127.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
