Analysts Set Photronics, Inc. (NASDAQ:PLAB) Price Target at $43.50

Photronics, Inc. (NASDAQ:PLAB) has received an average recommendation of “Buy” from the five ratings firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, two have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $43.50.

A number of analysts have recently issued reports on the stock. Craig Hallum boosted their target price on shares of Photronics from $36.00 to $42.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Photronics in a research report on Monday. Wall Street Zen raised shares of Photronics from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. Zacks Research raised shares of Photronics from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 17th. Finally, DA Davidson boosted their price target on Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a report on Thursday, December 11th.

Photronics Stock Performance

PLAB opened at $33.41 on Wednesday. The stock’s 50 day moving average price is $26.95 and its 200-day moving average price is $23.40. Photronics has a one year low of $16.46 and a one year high of $39.80. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 14.59 and a beta of 1.52.

Photronics (NASDAQ:PLAB) last issued its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.13. The firm had revenue of $215.77 million during the quarter, compared to analyst estimates of $204.54 million. Photronics had a return on equity of 7.87% and a net margin of 16.06%.Photronics’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period last year, the company earned $0.59 EPS. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. As a group, analysts predict that Photronics will post 2.3 earnings per share for the current fiscal year.

Insider Transactions at Photronics

In other Photronics news, SVP Han Kyung Park sold 13,750 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $37.99, for a total transaction of $522,362.50. Following the transaction, the senior vice president directly owned 89,250 shares in the company, valued at $3,390,607.50. This represents a 13.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kang Jyh Lee sold 8,750 shares of the firm’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $34.31, for a total transaction of $300,212.50. Following the transaction, the director directly owned 484,600 shares in the company, valued at $16,626,626. This trade represents a 1.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 117,500 shares of company stock valued at $4,001,225 over the last 90 days. 3.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Photronics

Hedge funds have recently modified their holdings of the business. Larson Financial Group LLC purchased a new position in Photronics during the third quarter valued at approximately $28,000. Hantz Financial Services Inc. boosted its position in Photronics by 673.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,485 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 1,293 shares in the last quarter. Byrne Asset Management LLC bought a new stake in Photronics during the 2nd quarter valued at $40,000. Wexford Capital LP purchased a new position in shares of Photronics in the 3rd quarter valued at $62,000. Finally, State of Wyoming bought a new position in shares of Photronics in the 3rd quarter worth $73,000. Hedge funds and other 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.