Photronics (NASDAQ:PLAB) Releases Quarterly Earnings Results, Beats Expectations By $0.10 EPS

Photronics (NASDAQ:PLAB) released its quarterly earnings data on Wednesday. The semiconductor company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.10, FiscalAI reports. Photronics had a net margin of 18.47% and a return on equity of 7.69%. The firm had revenue of $216.05 million for the quarter, compared to analysts’ expectations of $208.75 million.

Photronics Price Performance

Shares of PLAB stock opened at $29.32 on Wednesday. Photronics has a 1 year low of $20.05 and a 1 year high of $56.00. The stock’s 50 day simple moving average is $30.84 and its two-hundred day simple moving average is $37.48. The company has a market cap of $1.73 billion, a PE ratio of 10.70 and a beta of 1.38.

Hedge Funds Weigh In On Photronics

Large investors have recently modified their holdings of the stock. Invesco Ltd. increased its position in Photronics by 395.9% during the fourth quarter. Invesco Ltd. now owns 1,536,374 shares of the semiconductor company’s stock valued at $49,164,000 after acquiring an additional 1,226,588 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Photronics by 3.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,023,766 shares of the semiconductor company’s stock worth $32,761,000 after purchasing an additional 33,573 shares during the period. Boston Partners lifted its stake in Photronics by 1.3% in the third quarter. Boston Partners now owns 837,442 shares of the semiconductor company’s stock worth $19,331,000 after purchasing an additional 10,724 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Photronics by 2,201.5% in the fourth quarter. Janus Henderson Group PLC now owns 621,448 shares of the semiconductor company’s stock worth $19,883,000 after purchasing an additional 594,446 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its position in shares of Photronics by 21.4% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 597,819 shares of the semiconductor company’s stock valued at $13,720,000 after buying an additional 105,389 shares during the period. Institutional investors own 88.38% of the company’s stock.

Key Headlines Impacting Photronics

Here are the key news stories impacting Photronics this week:

• Negative Sentiment: The lawsuit covers investors who purchased Photronics securities from December 10, 2025, through May 27, 2026. It alleges the company failed to disclose weakening demand, production bottlenecks in its high-end semiconductor business, and risks to revenue growth and margins. The claims have not been proven. Robbins LLP Photronics class-action notice
• Negative Sentiment: Several law firms are urging affected shareholders to seek lead-plaintiff status by September 4, 2026. The repeated notices increase visibility around potential legal costs, reputational risk, and scrutiny of management and directors, including allegations that a slowdown in the design-release pipeline was concealed. Hagens Berman Photronics class-action announcement
• Neutral Sentiment: Reported short interest was listed at zero shares, with a zero-day days-to-cover ratio. Because the figures show no measurable short position, they provide little evidence of additional short-selling pressure or a potential short squeeze.

Wall Street Analyst Weigh In

Several analysts have commented on PLAB shares. Lake Street Capital reiterated a “buy” rating and issued a $55.00 price target on shares of Photronics in a research note on Friday, May 1st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Photronics in a report on Friday, July 24th. Freedom Capital raised Photronics to a “strong-buy” rating in a research note on Thursday, July 2nd. Zacks Research upgraded Photronics to a “hold” rating in a report on Friday, August 14th. Finally, Craig Hallum reaffirmed a “buy” rating on shares of Photronics in a research note on Friday, May 29th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $49.33.

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.