Photronics (NASDAQ:PLAB) Issues Q2 2026 Earnings Guidance

Photronics (NASDAQ:PLAB) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.490-0.550 for the period, compared to the consensus earnings per share estimate of 0.500. The company issued revenue guidance of $212.0 million-$220.0 million, compared to the consensus revenue estimate of $217.6 million.

Wall Street Analyst Weigh In

Several research firms have weighed in on PLAB. Weiss Ratings reiterated a “hold (c+)” rating on shares of Photronics in a research note on Monday, December 29th. Craig Hallum boosted their price target on shares of Photronics from $36.00 to $42.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Zacks Research downgraded shares of Photronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Finally, DA Davidson lifted their price objective on Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $43.50.

Photronics Stock Up 2.6%

PLAB stock opened at $37.99 on Wednesday. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of 16.59 and a beta of 1.52. Photronics has a 12 month low of $16.46 and a 12 month high of $39.80. The firm has a 50 day moving average of $35.06 and a two-hundred day moving average of $27.66.

Photronics (NASDAQ:PLAB) last released its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.07. Photronics had a net margin of 16.06% and a return on equity of 7.87%. The business had revenue of $225.07 million for the quarter, compared to the consensus estimate of $220.09 million. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. On average, research analysts expect that Photronics will post 2.3 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Han Kyung Park sold 13,750 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $37.99, for a total transaction of $522,362.50. Following the transaction, the senior vice president owned 89,250 shares of the company’s stock, valued at approximately $3,390,607.50. This represents a 13.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Christopher J. Progler sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $35.78, for a total value of $894,500.00. Following the completion of the sale, the executive vice president owned 165,591 shares of the company’s stock, valued at approximately $5,924,845.98. This trade represents a 13.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 181,250 shares of company stock valued at $6,317,150 in the last three months. 3.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Photronics

A number of institutional investors have recently modified their holdings of the company. Royal Bank of Canada boosted its holdings in shares of Photronics by 30.1% during the 1st quarter. Royal Bank of Canada now owns 219,290 shares of the semiconductor company’s stock worth $4,553,000 after buying an additional 50,707 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Photronics by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,647 shares of the semiconductor company’s stock valued at $761,000 after acquiring an additional 1,600 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Photronics by 14.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,752 shares of the semiconductor company’s stock valued at $2,009,000 after purchasing an additional 12,159 shares during the last quarter. Intech Investment Management LLC increased its stake in shares of Photronics by 6.0% in the first quarter. Intech Investment Management LLC now owns 62,441 shares of the semiconductor company’s stock worth $1,296,000 after purchasing an additional 3,526 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of Photronics by 21.5% in the second quarter. JPMorgan Chase & Co. now owns 273,646 shares of the semiconductor company’s stock worth $5,153,000 after purchasing an additional 48,342 shares during the period. Institutional investors own 88.38% of the company’s stock.

About Photronics

Photronics, Inc is a leading global supplier of photomask products used in the manufacture of integrated circuits, flat panel displays, microelectromechanical systems (MEMS), and advanced packaging applications. Photomasks, also known as reticles, are critical templates that carry the precise circuit patterns required for semiconductor lithography processes. The company offers a comprehensive range of mask solutions, including binary masks, attenuated phase-shift masks, reticles for micro-optics, and specialized products for high‐resolution applications.

Founded in 1969 and headquartered in Brookfield, Connecticut, Photronics has grown through organic expansion and strategic investments in high‐end lithography technology.