Kapitulnik is the Theodore and Sydney Rosenberg Professor in Applied Physics at Stanford University and the Sackler Professor by Special Appointment at Tel Aviv University. He is a Member of the National Academy of Sciences, a Fellow of American Academy of Arts and Sciences and a Fellow of the American Physical Society. He was awarded the 2015 Oliver E. Buckley Condensed Matter Prize of the American Physical Society for the "discovery and pioneering investigations of the superconductor-insulator transition, a paradigm for quantum phase transitions " and 2009 Heike Kamerlingh-Onnes Prize for "seminal studies of time-reversal-symmetry breaking effects in unconventional superconductors using magneto optics".