Camtek Lifts FY2026 Revenue Target to ~$595M and Sets Sights on $1.2B Within Three Years
CAMT sits 49% above its 52-week low of $91.91.
Summary
Camtek guided Q4 revenue +40% YoY (FY2026 ~$595M), set 2027 outlook >+35% (over $800M), and unveiled a ~$1.2B revenue target in ~3 years with improved margin targets.
Key Events · Earnings and Guidance · CAMT
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Q4 Guidance +40% YoY
Q4 2026 revenue is guided to +40% YoY, bringing FY2026 to ~$595M, up from $496.1M in FY2025.
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2027 Outlook >+35%
Initial 2027 revenue outlook of >+35% over FY2026E implies over $800M, driven by advanced packaging, HBM, and photonics demand.
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$1.2B Long-Term Target
A new target model of ~$1.2B annual revenue in ~3 years replaces the prior $750M model, with non-GAAP gross margin of 55-56% and operating margin of 34-36%.
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Over $800M Orders in 2026
Camtek has received over $800M of orders in 2026, with ~80% from advanced packaging and >50% from OSATs.
Analysis · CAMT · Industrial Applications And Services
The analyst presentation materially expands on this morning's pre-announcement. Q4 guidance of +40% YoY lifts FY2026 to ~$595M, while a 2027 outlook of >+35% growth (over $800M) and a long-term target of ~$1.2B in annual revenue in roughly three years replace the prior $750M model. Updated non-GAAP margin targets of 55-56% gross and 34-36% operating at $1.2B signal that management expects profitability to expand alongside scale. Over $800M of orders already received in 2026 supports the near-term trajectory. The stock has already outperformed the SOX semiconductor index by a wide margin since 2022, and this roadmap extends that narrative.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 38.5% of the 1020 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CAMT was trading at $137.11 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $6.3B. The 52-week trading range was $91.91 to $215.99. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.