Photronics, Inc. (NASDAQ:PLAB) Receives Consensus Rating of “Buy” from Brokerages

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

A number of equities research analysts have recently weighed in on PLAB shares. Lake Street Capital reaffirmed a “buy” rating and set a $55.00 target price on shares of Photronics in a research note on Friday, May 1st. Weiss Ratings raised Photronics from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Zacks Research downgraded shares of Photronics from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Freedom Capital upgraded Photronics to a “strong-buy” rating in a report on Thursday, July 2nd. Finally, Craig Hallum reiterated a “buy” rating on shares of Photronics in a research note on Friday, May 29th.

Photronics Stock Down 0.6%

Shares of PLAB opened at $28.85 on Friday. The firm has a fifty day simple moving average of $36.09 and a two-hundred day simple moving average of $38.03. The stock has a market capitalization of $1.70 billion, a P/E ratio of 10.53 and a beta of 1.37. Photronics has a twelve month low of $19.13 and a twelve month high of $56.00.

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

Institutional Investors Weigh In On Photronics

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Torren Management LLC purchased a new stake in Photronics in the fourth quarter worth about $26,000. Larson Financial Group LLC bought a new stake in shares of Photronics during the third quarter valued at approximately $28,000. First Horizon Corp purchased a new stake in Photronics in the 1st quarter worth $33,000. Grove Bank & Trust purchased a new stake in shares of Photronics in the second quarter worth about $33,000. Finally, Quarry LP raised its holdings in shares of Photronics by 569.8% during the 4th quarter. Quarry LP now owns 1,353 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 1,151 shares in the last quarter. 88.38% of the stock is currently owned by hedge funds and other institutional investors.

Photronics News Roundup

Here are the key news stories impacting Photronics this week:

• Neutral Sentiment: Multiple law firms announced or reminded investors about a securities class action against Photronics, with lead-plaintiff deadlines in early September 2026. Photronics, Inc. (PLAB) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
• Neutral Sentiment: The lawsuit alleges investors were harmed during a class period from December 10, 2025 to May 27, 2026, adding legal uncertainty and potential distraction for the company. Bronstein, Gewirtz & Grossman LLC Urges Photronics, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
• Neutral Sentiment: Updated notices say the case stems from a sharp post-earnings decline that erased significant market value and allegedly called prior statements about the IC photomask pipeline into question. Photronics, Inc. (NASDAQ: PLAB) Shares Plunge 36%, Erasing $1.1 Billion in Market Value, Securities Class Action Filed – HBSS

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.