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

Photronics, Inc. (NASDAQ:PLAB) has been given a consensus recommendation of “Buy” by the seven brokerages that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $49.3333.

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

Institutional Investors Weigh In On Photronics

A number of institutional investors and hedge funds have recently modified their holdings of the company. Torren Management LLC acquired a new position in Photronics during the fourth quarter worth $26,000. Allworth Financial LP acquired a new stake in Photronics in the second quarter valued at $26,000. Larson Financial Group LLC acquired a new stake in Photronics in the third quarter valued at $28,000. First Horizon Corp purchased a new position in shares of Photronics in the first quarter valued at $33,000. Finally, Grove Bank & Trust purchased a new position in shares of Photronics in the second quarter valued at $33,000. Institutional investors and hedge funds own 88.38% of the company’s stock.

Photronics News Summary

Here are the key news stories impacting Photronics this week:

• Neutral Sentiment: Photronics is expected to report earnings, making the upcoming results and management commentary on photomask demand an additional near-term focus for investors. The company’s previous quarterly results missed consensus estimates for both earnings and revenue, increasing the importance of its outlook. Photronics Expected to Post Earnings on Wednesday
• Negative Sentiment: Several firms, including Rosen, Hagens Berman, Kaplan Fox, Levi & Korsinsky, Pomerantz and others, announced notices related to a securities class action covering investors who purchased Photronics shares between December 10, 2025, and May 27, 2026. Investors have until September 4, 2026, to apply to become lead plaintiff. Levi & Korsinsky Photronics Class Action Notice
• Negative Sentiment: The lawsuit alleges that Photronics misled investors about demand and the outlook for its high-end integrated-circuit photomask business, including claims involving its “Trusted Mask” and “robust global order” representations. One notice alleges that the disclosures contributed to losses of up to $19.49 per share and a 36% stock-price collapse. These are allegations, and the potential financial liability and reputational impact remain uncertain. SueWallSt Photronics Securities Class Action Alert

Photronics Stock Down 3.7%

NASDAQ PLAB opened at $30.70 on Thursday. The stock has a market capitalization of $1.81 billion, a P/E ratio of 11.20 and a beta of 1.38. Photronics has a 52-week low of $20.05 and a 52-week high of $56.00. The firm has a 50-day moving average price of $30.96 and a 200 day moving average price of $37.62.

Photronics (NASDAQ:PLAB) last announced its quarterly earnings data 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). Photronics had a net margin of 18.47% and a return on equity of 7.69%. The business had revenue of $209.94 million during the quarter, compared to analysts’ expectations of $216.47 million. During the same period in the prior year, the firm posted $0.40 EPS. Photronics’s revenue for the quarter was down .5% compared to the same quarter last year. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS. On average, equities research analysts expect that Photronics will post 1.85 earnings per share for the current fiscal year.

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.