Photronics, Inc. (NASDAQ:PLAB) Receives $43.50 Average Price Target from Analysts

Shares of Photronics, Inc. (NASDAQ:PLAB) have received an average rating of “Buy” from the five analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, two have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $43.50.

A number of research analysts recently commented on the company. Zacks Research upgraded Photronics from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 17th. DA Davidson lifted their target price on Photronics from $30.00 to $45.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Craig Hallum increased their price objective on Photronics from $36.00 to $42.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Photronics in a research report on Monday, December 29th.

Insider Activity at Photronics

In related news, Director Mary Paladino sold 11,250 shares of Photronics stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $35.11, for a total value of $394,987.50. Following the sale, the director owned 23,820 shares in the company, valued at $836,320.20. The trade was a 32.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Han Kyung Park sold 6,250 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $34.89, for a total value of $218,062.50. Following the transaction, the senior vice president owned 75,500 shares in the company, valued at $2,634,195. This trade represents a 7.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 181,250 shares of company stock valued at $6,317,150. Company insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On Photronics

A number of hedge funds have recently modified their holdings of the business. Larson Financial Group LLC purchased a new position in shares of Photronics during the 3rd quarter valued at $28,000. Hantz Financial Services Inc. grew its holdings in shares of 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 purchasing an additional 1,293 shares during the last quarter. Central Pacific Bank Trust Division bought a new stake in shares of Photronics in the fourth quarter valued at about $55,000. Wexford Capital LP purchased a new stake in shares of Photronics during the 3rd quarter worth $62,000. Finally, Newbridge Financial Services Group Inc. increased its position in shares of Photronics by 336.4% during the second quarter. Newbridge Financial Services Group Inc. now owns 3,600 shares of the semiconductor company’s stock worth $68,000 after purchasing an additional 2,775 shares in the last quarter. Institutional investors own 88.38% of the company’s stock.

Photronics Stock Performance

Shares of PLAB stock opened at $35.62 on Friday. The stock’s fifty day moving average is $30.88 and its 200-day moving average is $25.27. Photronics has a 52 week low of $16.46 and a 52 week high of $39.80. The stock has a market capitalization of $2.10 billion, a PE ratio of 15.55 and a beta of 1.52.

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

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.