Camtek Non-GAAP EPS of $0.78 beats by $0.02, revenue of $133.2M beats by $3.01M
Camtek reported a non-GAAP EPS of $0.78 for the second quarter of 2026, exceeding the previous year's figure by $0.02, and revenue of $133.2 million, surpassing the previous year's amount by $3.01 million, which exceeded market expectations.
The closing price of $174.2 on August 12, 2026, significantly surpassed the previous day's high of $164.93. Coupled with a 22.4% increase in stock price over the past 7 days and strong EPS and revenue performance, we believe the upward momentum is strong and have decided to buy.
If I purchased at $174.2, I would realize a profit if the price reaches $161.14 (report calculated value), and I would cut losses if the price falls to $126.34 (report calculated value).
RSI(14) 54.4 (neutral, slightly rising), moving averages are misaligned (trend unclear), trading volume is 0.83 times the 20-day average (decreased volume), recent 7-day volatility +22.4% (strong upward momentum).
The actual return significantly exceeded the forecast return of 2.1%, coming in at 12.3%, resulting in an OVERHIT rating. While the direction to buy was correct, accurately capturing the strong EPS and revenue growth along with the sharp price increase, the target price and stop-loss were set unrealistically low compared to the current price.
In the next trade, we will set the target price and stop-loss level at a more realistic level, reflecting the current price and technical support and resistance, and adjust the position size considering the signal of decreased trading volume. Additionally, in the case of a non-aligned moving average situation, we will incorporate further candlestick pattern analysis to confirm the trend.