Why Is CAMTEK LTD (CAMT) Stock Moving Today?

Why CAMT stock is up today

Camtek (CAMT) rose 7.17% to $177.23 in Friday trading, driven by strong quarterly results and upbeat guidance. The company reported adjusted earnings per share of $0.78, exceeding estimates, and revenue of $133.243 million, also above expectations. Management raised its third-quarter sales forecast to between $158 million and $160 million, significantly higher than the $148.911 million estimate.

What Happened

The stock opened with a 2.4% gap up and climbed steadily throughout the session, reaching a high of $178.02. The earnings call transcript highlighted record revenue and backlog, fueling over 30% growth guidance for the second half of the year. This performance has positioned the stock near its 52-week high of $215.99. Recent insider transactions, including sales by the CEO, COO, and a director, occurred on August 13. These transactions totaled $5.0 million in the last 90 days, with no insider purchases reported.

What The Data Shows

The stock traded at a price-to-earnings ratio of 216.0 and has a market cap of $6.9 billion. Revenue grew 10.7% in the trailing twelve months, with a net margin of 9.6%. The stock has gained 9.5% over the last eight sessions, moving from $147.60 to $161.60. On Friday, volume was 0.1 million shares, or 0.2 times the 3-month daily average. The stock also printed one fresh 52-week low and 16 fresh 52-week highs on August 17.

What To Watch

The company is scheduled to release its Q2 2026 earnings call transcript, which may offer further insight into its performance. Investors should also monitor coverage breadth as the stock continues to trade near its 52-week high.