What is Craig Hallum’s Forecast for Photronics Q2 Earnings?

Photronics, Inc. (NASDAQ:PLAB) – Stock analysts at Craig Hallum issued their Q2 2026 earnings per share estimates for Photronics in a research report issued to clients and investors on Tuesday, May 19th. Craig Hallum analyst C. Schwab anticipates that the semiconductor company will post earnings per share of $0.51 for the quarter. Craig Hallum currently has a “Buy” rating and a $48.00 price target on the stock. The consensus estimate for Photronics’ current full-year earnings is $2.35 per share.

PLAB has been the subject of several other research reports. Lake Street Capital restated a “buy” rating and set a $55.00 price target on shares of Photronics in a report on Friday, May 1st. Weiss Ratings upgraded Photronics from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Zacks Research cut Photronics from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Finally, Wall Street Zen upgraded Photronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 14th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Photronics has an average rating of “Moderate Buy” and an average price target of $49.33.

Photronics Price Performance

NASDAQ PLAB opened at $49.83 on Thursday. The stock has a market capitalization of $2.94 billion, a PE ratio of 21.20 and a beta of 1.51. The business has a 50 day simple moving average of $44.43 and a two-hundred day simple moving average of $36.09. Photronics has a 1-year low of $16.59 and a 1-year high of $56.00.

Photronics (NASDAQ:PLAB) last released its earnings results on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.07. The firm had revenue of $225.07 million during the quarter, compared to analysts’ expectations of $220.09 million. Photronics had a return on equity of 7.88% and a net margin of 15.83%.The firm’s revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the business posted $0.52 earnings per share. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. First Horizon Corp purchased a new position in Photronics during the first quarter worth $33,000. Torren Management LLC purchased a new position in Photronics during the fourth quarter worth $26,000. Larson Financial Group LLC purchased a new position in Photronics during the third quarter worth $28,000. Quarry LP boosted its stake in Photronics by 569.8% during the fourth quarter. Quarry LP now owns 1,353 shares of the semiconductor company’s stock worth $43,000 after buying an additional 1,151 shares during the period. Finally, Global Retirement Partners LLC boosted its stake in Photronics by 723.8% during the fourth quarter. Global Retirement Partners LLC now owns 1,417 shares of the semiconductor company’s stock worth $45,000 after buying an additional 1,245 shares during the period. 88.38% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Photronics

In other Photronics news, Director Kang Jyh Lee sold 20,000 shares of Photronics stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $45.92, for a total transaction of $918,400.00. Following the completion of the transaction, the director directly owned 355,850 shares of the company’s stock, valued at $16,340,632. The trade was a 5.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Constantine S. Macricostas sold 50,000 shares of Photronics stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $45.35, for a total transaction of $2,267,500.00. The SEC filing for this sale provides additional information. Insiders sold 346,144 shares of company stock valued at $15,061,759 over the last three months. Corporate insiders own 3.30% of the company’s stock.

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.