Photronics, Inc. (NASDAQ:PLAB) Receives $49.33 Consensus Price Target from Analysts

Shares of Photronics, Inc. (NASDAQ:PLAB) have been given an average rating of “Buy” by the seven analysts that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $49.3333.

PLAB has been the subject of several research reports. Freedom Capital upgraded Photronics to a “strong-buy” rating in a research note on Thursday, July 2nd. Craig Hallum reiterated a “buy” rating on shares of Photronics in a report on Friday, May 29th. Zacks Research downgraded Photronics from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Lake Street Capital reaffirmed a “buy” rating and set a $55.00 target price on shares of Photronics in a research report on Friday, May 1st. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Photronics in a report on Friday, July 24th.

Photronics Price Performance

Shares of NASDAQ:PLAB opened at $33.60 on Thursday. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 12.26 and a beta of 1.38. The business’s 50-day moving average is $30.87 and its 200-day moving average is $37.68. Photronics has a 1 year low of $20.05 and a 1 year high of $56.00.

Photronics (NASDAQ:PLAB) last released its earnings results on Thursday, May 28th. The semiconductor company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.11). The business had revenue of $209.94 million for the quarter, compared to analyst estimates of $216.47 million. Photronics had a return on equity of 7.69% and a net margin of 18.47%.The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the prior year, the business earned $0.40 EPS. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS. Analysts anticipate that Photronics will post 1.85 EPS for the current year.

Key Stories Impacting Photronics

Here are the key news stories impacting Photronics this week:

• Neutral Sentiment: Multiple law firms—including Kaplan Fox, Robbins Geller, Rosen, and Faruqi & Faruqi—reminded investors that September 4, 2026 is the deadline to seek appointment as lead plaintiff in the federal securities class action involving Photronics. The notices largely repeat the same information and are directed at investors who purchased PLAB securities from December 10, 2025, through May 27, 2026. Kaplan Fox announcement
• Negative Sentiment: The lawsuit alleges that Photronics and certain officers violated U.S. securities laws by making materially misleading statements during the class period. One investor notice alleges that the company’s narrative regarding strength in high-end integrated-circuit photomasks deteriorated following its May 28 earnings report. The allegations have not been proven in court. Levi & Korsinsky shareholder alert
• Negative Sentiment: The legal claims follow Photronics’ latest quarterly results, which missed consensus estimates for both earnings and revenue: reported EPS was $0.42 versus an expected $0.53, while revenue was approximately $209.9 million versus an estimated $216.5 million. The company also issued third-quarter EPS guidance of $0.39 to $0.45, potentially reinforcing concerns about near-term operating momentum.
• Negative Sentiment: If the case advances, Photronics could face litigation costs, management distraction, reputational damage, and potential financial liabilities. However, the numerous announcements are primarily law-firm solicitations for lead plaintiffs and do not represent a finding of wrongdoing or a new judgment against the company. Bronstein Gewirtz & Grossman announcement

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Russell Investments Group Ltd. increased its position in shares of Photronics by 0.3% during the fourth quarter. Russell Investments Group Ltd. now owns 105,784 shares of the semiconductor company’s stock worth $3,385,000 after acquiring an additional 306 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in Photronics by 16.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,624 shares of the semiconductor company’s stock valued at $84,000 after acquiring an additional 365 shares in the last quarter. Hantz Financial Services Inc. lifted its position in Photronics by 29.1% in the 4th quarter. Hantz Financial Services Inc. now owns 1,917 shares of the semiconductor company’s stock valued at $61,000 after acquiring an additional 432 shares in the last quarter. Franklin Resources Inc. boosted its stake in Photronics by 0.9% during the 3rd quarter. Franklin Resources Inc. now owns 60,900 shares of the semiconductor company’s stock valued at $1,398,000 after purchasing an additional 570 shares during the last quarter. Finally, LVZ Inc. increased its holdings in Photronics by 3.6% during the 1st quarter. LVZ Inc. now owns 21,966 shares of the semiconductor company’s stock worth $888,000 after purchasing an additional 761 shares in the last quarter. 88.38% of the stock is owned by 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.