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

Shares of Photronics, Inc. (NASDAQ:PLAB) have received a consensus recommendation of “Buy” from the seven analysts that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $49.3333.

PLAB has been the topic of several research analyst reports. Lake Street Capital reaffirmed a “buy” rating and issued a $55.00 price objective 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. Wall Street Zen cut shares of Photronics from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Freedom Capital upgraded shares of Photronics to a “strong-buy” rating in a research note on Thursday, July 2nd. Finally, Zacks Research lowered shares of Photronics from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th.

Institutional Investors Weigh In On Photronics

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

More Photronics News

Here are the key news stories impacting Photronics this week:

• Negative Sentiment: Multiple law firms issued investor alerts and reminders about a securities class action against Photronics, with deadlines for shareholders who bought shares between December 10, 2025 and May 27, 2026 to seek lead-plaintiff status by September 4, 2026. Article Title
• Negative Sentiment: Hagens Berman said it is investigating Photronics in connection with allegations that the company misled investors about demand and outlook for its high-end IC photomask line, reinforcing concerns tied to the lawsuit. Article Title
• Neutral Sentiment: Several additional firms, including Rosen, Faruqi & Faruqi, Johnson Fistel, Pomerantz, Bernstein Liebhard, and others, published similar notices about the same class action, increasing headline noise but not adding new operational information for the company. Article Title
• Neutral Sentiment: An MSN piece on whether PLAB is a buy, sell, or hold after Q1 earnings may influence sentiment, but it does not appear to add fresh company-specific news. Article Title

Photronics Price Performance

Shares of PLAB opened at $30.33 on Friday. The firm has a 50 day simple moving average of $33.93 and a two-hundred day simple moving average of $37.95. Photronics has a one year low of $19.26 and a one year high of $56.00. The company has a market cap of $1.79 billion, a P/E ratio of 11.07 and a beta of 1.37.

Photronics (NASDAQ:PLAB) last issued its earnings results 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 analyst estimates of $216.47 million. During the same period in the prior year, the business posted $0.40 EPS. The company’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.

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.