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

Posted by Brian Himes on Jul 24th, 2026

Shares of Photronics, Inc. (NASDAQ:PLAB – Get Free Report) have earned a consensus recommendation of “Buy” from the seven analysts that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $49.3333.

A number of brokerages recently weighed in on PLAB. Zacks Research downgraded shares of Photronics from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Freedom Capital upgraded shares of Photronics to a “strong-buy” rating in a research note on Thursday, July 2nd. Weiss Ratings raised shares of Photronics from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Lake Street Capital restated a “buy” rating and set a $55.00 price objective on shares of Photronics in a research note on Friday, May 1st. Finally, Craig Hallum restated a “buy” rating on shares of Photronics in a research note on Friday, May 29th.

View Our Latest Stock Analysis on Photronics

Hedge Funds Weigh In On Photronics

A number of institutional investors have recently bought and sold shares of the business. Royal Bank of Canada raised its stake in Photronics by 30.1% in the first quarter. Royal Bank of Canada now owns 219,290 shares of the semiconductor company’s stock valued at $4,553,000 after buying an additional 50,707 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Photronics by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,647 shares of the semiconductor company’s stock valued at $761,000 after buying an additional 1,600 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Photronics by 14.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,752 shares of the semiconductor company’s stock worth $2,009,000 after acquiring an additional 12,159 shares during the period. Intech Investment Management LLC boosted its stake in shares of Photronics by 6.0% during the 1st quarter. Intech Investment Management LLC now owns 62,441 shares of the semiconductor company’s stock worth $1,296,000 after acquiring an additional 3,526 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of Photronics by 21.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 273,646 shares of the semiconductor company’s stock worth $5,153,000 after acquiring an additional 48,342 shares during the last quarter. Institutional investors and hedge funds own 88.38% of the company’s stock.

Photronics News Roundup

Here are the key news stories impacting Photronics this week:

Negative Sentiment: Multiple law firms announced or reiterated securities fraud class action claims against Photronics, with lead-plaintiff deadlines approaching in early September 2026. The repeated legal notices suggest ongoing investor concern and can weigh on the stock. Article: Rosen Encourages Photronics Investors to Secure Counsel
Negative Sentiment: The lawsuits allege Photronics misled investors about demand and outlook for its high-end IC photomask products, following a corrective disclosure that reportedly erased significant shareholder value. That keeps the focus on potential liability and governance issues. Article: SueWallSt Reminds Photronics Investors of Class Action
Neutral Sentiment: Several firms are simply notifying shareholders of the filing process and lead-plaintiff deadlines, which does not change the underlying business outlook but may add to trading volatility. Article: Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

Photronics Stock Performance

Shares of NASDAQ PLAB opened at $30.94 on Friday. The stock has a 50 day moving average price of $34.32 and a 200 day moving average price of $38.00. The stock has a market capitalization of $1.82 billion, a PE ratio of 11.29 and a beta of 1.37. Photronics has a 52 week low of $19.17 and a 52 week high of $56.00.

Photronics (NASDAQ:PLAB – Get Free Report) last posted its quarterly earnings results on Thursday, May 28th. The semiconductor company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.11). Photronics had a return on equity of 7.69% and a net margin of 18.47%.The company had revenue of $209.94 million for the quarter, compared to analyst estimates of $216.47 million. During the same period last year, the firm earned $0.40 EPS. The firm’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

(Get Free Report)

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.