Photronics (NASDAQ:PLAB) Releases Q2 2026 Earnings Guidance

Photronics (NASDAQ:PLAB) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.490-0.550 for the period, compared to the consensus earnings per share estimate of 0.500. The company issued revenue guidance of $212.0 million-$220.0 million, compared to the consensus revenue estimate of $217.6 million.

Photronics Stock Performance

Shares of PLAB opened at $37.99 on Wednesday. Photronics has a one year low of $16.46 and a one year high of $39.80. The stock’s fifty day moving average is $35.06 and its 200-day moving average is $27.66. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 16.59 and a beta of 1.52.

Photronics (NASDAQ:PLAB) last announced its earnings results 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 analyst estimates of $220.09 million. Photronics had a net margin of 16.06% and a return on equity of 7.87%. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. Analysts forecast that Photronics will post 2.3 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. DA Davidson boosted 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. Zacks Research cut Photronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Weiss Ratings restated a “hold (c+)” rating on shares of Photronics in a report on Monday, December 29th. Finally, Craig Hallum lifted their target price on Photronics from $36.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $43.50.

Insider Buying and Selling

In other news, Director Kang Jyh Lee sold 10,000 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $34.13, for a total transaction of $341,300.00. Following the sale, the director directly owned 410,850 shares of the company’s stock, valued at $14,022,310.50. The trade was a 2.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mitchell G. Tyson sold 5,000 shares of the stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $35.21, for a total value of $176,050.00. Following the completion of the transaction, the director owned 43,199 shares of the company’s stock, valued at $1,521,036.79. This trade represents a 10.37% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 181,250 shares of company stock valued at $6,317,150. 3.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Photronics

Several hedge funds have recently made changes to their positions in the company. Invesco Ltd. raised its stake in Photronics by 395.9% during the 4th quarter. Invesco Ltd. now owns 1,536,374 shares of the semiconductor company’s stock valued at $49,164,000 after purchasing an additional 1,226,588 shares during the period. Janus Henderson Group PLC grew its holdings in shares of Photronics by 2,201.5% during the fourth quarter. Janus Henderson Group PLC now owns 621,448 shares of the semiconductor company’s stock valued at $19,883,000 after buying an additional 594,446 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Photronics during the third quarter valued at $8,416,000. Norges Bank purchased a new stake in Photronics in the 4th quarter worth about $11,540,000. Finally, Clark Capital Management Group Inc. acquired a new stake in Photronics during the 4th quarter worth about $8,640,000. Hedge funds and other institutional investors own 88.38% 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.