Photronics, Inc. (NASDAQ:PLAB) Receives $46.33 Average Price Target from Brokerages

Photronics, Inc. (NASDAQ:PLAB) has been given a consensus recommendation of “Buy” by the six research firms that are covering the company, MarketBeat.com reports. One investment analyst has 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 1-year target price among analysts that have issued a report on the stock in the last year is $46.3333.

A number of research analysts have recently issued reports on PLAB shares. Craig Hallum reiterated a “buy” rating and set a $48.00 price objective on shares of Photronics in a report on Tuesday, March 3rd. Zacks Research raised shares of Photronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Wall Street Zen raised shares of Photronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 14th. Weiss Ratings reissued a “hold (c+)” rating on shares of Photronics in a research report on Friday, March 27th. Finally, Lake Street Capital assumed coverage on shares of Photronics in a research report on Friday, March 20th. They set a “buy” rating and a $46.00 price target on the stock.

Photronics Price Performance

Shares of NASDAQ PLAB opened at $45.84 on Friday. The stock has a market capitalization of $2.70 billion, a P/E ratio of 19.51 and a beta of 1.43. The company has a 50-day moving average price of $38.75 and a 200-day moving average price of $31.84. Photronics has a 1 year low of $16.59 and a 1 year high of $46.49.

Photronics (NASDAQ:PLAB) last issued its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 15.83% and a return on equity of 7.88%. The business’s revenue was up 6.1% on a year-over-year basis. During the same period last year, the company earned $0.52 earnings per share. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. As a group, equities research analysts anticipate that Photronics will post 2.3 earnings per share for the current fiscal year.

More Photronics News

Here are the key news stories impacting Photronics this week:

• Positive Sentiment: Q4 beat and constructive guidance — Photronics reported $0.61 EPS vs. $0.54 expected and revenue above estimates, and set Q2 FY26 guidance of $0.490–$0.550, giving near?term earnings visibility that supports the stock. MarketBeat Q4 and guidance
• Positive Sentiment: Analyst upgrades and valuation pick-up — Zacks recently moved PLAB to a stronger rank (strong?buy on value lists) and other brokers (Lake Street, Craig Hallum, WallStreetZen) have buy/strong?buy notes; coverage highlights PLAB trading below ~20x earnings versus some peers, which supports interest if semiconductor/AI demand continues. Zacks coverage
• Positive Sentiment: Momentum / screen recognition — PLAB showed up on Zacks’ “Best Value / Strong Buy” lists and other thematic screens, which can attract momentum and value-focused buyers into the name. Zacks list
• Neutral Sentiment: High institutional ownership / recent fund activity — Institutional investors hold a large share (~88%); recent reported inflows and rebalancings can amplify moves but also reduce retail-driven volatility. This makes stock moves more about fundamentals and less about small?holder noise. Institutional holdings
• Negative Sentiment: Clustered insider selling — Multiple insiders have sold sizeable blocks in mid?April (CFO Eric Rivera, Director Constantine Macricostas, COO Hsueh?Chun Wang, Director Kang Jyh Lee and others). These large sales (e.g., 50,000 shares by a director; >41k by the CFO in earlier filings) create headline risk and potential short?term selling pressure despite management saying trades are liquidity/rebalancing. Director Form 4
• Negative Sentiment: Media/analyst scrutiny on insider activity — Coverage highlighting the insider cash?outs has drawn attention and debate (routine vs. signal), which can amplify volatility and invite short?term trading. InsiderTrades alert

Insider Activity at Photronics

In related news, COO Hsueh-Chun Wang sold 19,250 shares of the firm’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $45.30, for a total transaction of $872,025.00. Following the transaction, the chief operating officer directly owned 113,560 shares of the company’s stock, valued at $5,144,268. This trade represents a 14.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Constantine S. Macricostas sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, April 14th. The shares were 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 311,588 shares of company stock valued at $13,479,594 over the last three months. Insiders own 3.30% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in PLAB. Torren Management LLC bought a new stake in Photronics in the fourth quarter worth about $26,000. Larson Financial Group LLC bought a new stake in Photronics in the third quarter worth about $28,000. Hantz Financial Services Inc. raised its position in Photronics by 673.4% in the third quarter. Hantz Financial Services Inc. now owns 1,485 shares of the semiconductor company’s stock worth $34,000 after acquiring an additional 1,293 shares during the period. Quarry LP raised its position in Photronics by 569.8% in the fourth quarter. Quarry LP now owns 1,353 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 1,151 shares during the period. Finally, Global Retirement Partners LLC raised its position in Photronics by 723.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,417 shares of the semiconductor company’s stock worth $45,000 after acquiring an additional 1,245 shares during the period. 88.38% of the stock is owned by institutional investors.

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.