Kamtec Raises Revenue Forecast on Soaring Demand, Stock Surges

Chip testing systems manufacturer Kamtec has raised its revenue forecasts, leading to a surge in its stock price on both the Nasdaq and Tel Aviv exchanges. The company, led by CEO Rafi Amit, released preliminary third-quarter data ahead of its official November report, alongside an updated annual forecast and an initial projection for 2027.

Kamtec now expects third-quarter revenues between $160-161 million, an increase from its previous projection of $158-160 million. For the full year, the company anticipates revenues of approximately $595 million, representing about a 20% growth compared to 2025. This upward revision follows an earlier expectation of over 30% revenue growth in the second half of the year compared to the first, which had projected annual revenues around $586 million.

So far this year, Kamtec has secured orders exceeding $800 million for delivery in 2026 and 2027. Based on this strong order intake, the company has provided its first 2027 revenue forecast, projecting over $800 million, a 35% increase from the expected 2026 revenues. Previously, Kamtec had indicated continued growth in 2027 but without specific figures.

CEO Rafi Amit expressed excitement about the record revenue levels, attributing the strong order volume to high demand for advanced packaging solutions for AI applications. He stated that this allows the company to build a robust order backlog and provides clear visibility into 2027. Amit added that growth is expected to be driven by their next-generation products, Hawk and Eagle G5, and that production capacity is being expanded to meet demand. The company is currently participating in an industry conference in San Francisco and is valued at approximately $6.7 billion on the Nasdaq and Tel Aviv stock exchanges.