Photronics, Inc. (NASDAQ:PLAB) Receives Average Recommendation of “Buy” from Analysts

Shares of Photronics, Inc. (NASDAQ:PLAB) have been given a consensus rating of “Buy” by the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $49.3333.

Several research analysts have weighed in on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Photronics in a research note on Friday, July 24th. Freedom Capital raised shares of Photronics to a “strong-buy” rating in a research note on Thursday, July 2nd. Wall Street Zen cut shares of Photronics from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Craig Hallum reaffirmed a “buy” rating on shares of Photronics in a research note on Friday, May 29th. Finally, Lake Street Capital reiterated a “buy” rating and set a $55.00 price objective on shares of Photronics in a report on Friday, May 1st.

Trending Headlines about Photronics

Here are the key news stories impacting Photronics this week:

• Positive Sentiment: Photronics is scheduled to release fiscal third-quarter 2026 results on August 26, 2026. The report should provide updated information on demand for its photomask products and may help clarify the company’s earnings outlook. Photronics to Report Fiscal Third Quarter 2026 Results
• Neutral Sentiment: The upcoming results are important because Photronics recently reported quarterly earnings of $0.42 per share, below the $0.53 analyst consensus, while revenue of $209.9 million also fell short of estimates. Management’s fiscal third-quarter guidance calls for EPS of $0.39 to $0.45.
• Negative Sentiment: Multiple law firms publicized a securities class action against Photronics and urged investors to seek lead-plaintiff status by September 4, 2026. The lawsuit covers investors who purchased shares between December 10, 2025, and May 27, 2026, and alleges that Photronics misled investors about demand and the outlook for its high-end integrated-circuit photomask business. The allegations have not been proven, but the litigation could create legal costs, reputational risk and continued volatility for PLAB. Rosen Law Firm Photronics Securities Class Action Notice

Photronics Price Performance

NASDAQ:PLAB opened at $33.49 on Thursday. Photronics has a fifty-two week low of $20.05 and a fifty-two week high of $56.00. The stock’s 50-day moving average is $30.67 and its two-hundred day moving average is $37.71. The stock has a market cap of $1.97 billion, a PE ratio of 12.22 and a beta of 1.38.

Photronics (NASDAQ:PLAB) last issued its earnings results on Thursday, May 28th. The semiconductor company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.11). The business had revenue of $209.94 million during the quarter, compared to analyst estimates of $216.47 million. Photronics had a net margin of 18.47% and a return on equity of 7.69%. Photronics’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.40 EPS. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS.

Institutional Investors Weigh In On Photronics

A number of hedge funds and other institutional investors have recently made changes to their positions in PLAB. K.J. Harrison & Partners Inc bought a new stake in shares of Photronics in the 4th quarter valued at approximately $960,000. Vaughan Nelson Investment Management L.P. acquired a new position in Photronics in the first quarter worth approximately $47,902,000. LSV Asset Management raised its position in Photronics by 14.7% during the fourth quarter. LSV Asset Management now owns 2,883,463 shares of the semiconductor company’s stock valued at $92,271,000 after acquiring an additional 370,489 shares in the last quarter. Decker Retirement Planning Inc. bought a new position in Photronics during the first quarter valued at approximately $3,935,000. Finally, Denali Advisors LLC lifted its stake in Photronics by 33.2% in the fourth quarter. Denali Advisors LLC now owns 313,404 shares of the semiconductor company’s stock valued at $10,029,000 after acquiring an additional 78,166 shares during the last quarter. 88.38% of the stock is owned by hedge funds and other institutional investors.

Photronics Company Profile

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.