PLAB

Photronics Inc

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Advanced Chart

22.080

+1.19(5.697%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

22.150

Open

21.190

VWAP

21.99

Vol

520.53K

Mkt Cap

1.33B

Low

21.065

Amount

11.44M

EV/EBITDA(TTM)

3.68

Total Shares

63.35M

1.09B

EV/OCF(TTM)

4.32

P/S(TTM)

1.51

Photronics, Inc. is a manufacturer of photomasks, which are high-precision photographic quartz or glass plates containing microscopic images of electronic circuits. The Company manufactures photomasks, which are used as masters to transfer circuit patterns onto semiconductor wafers and FPD substrates. The photomasks the Company manufactures incorporate circuit designs provided on a confidential basis by its customers. The Company sells its photomasks to semiconductor designers and manufacturers, and manufacturers of FPDs. Photomask technology is also being applied to the fabrication of other higher-performance electronic products such as virtual reality/augmented reality advanced IC packages, photonics, micro-electronic mechanical systems, and certain nanotechnology applications. The Company operates approximately 11 manufacturing facilities, which are located in Taiwan, China, Korea, the United States, and Europe.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

206.80M

-2.51%

0.450

-13.46%

206.80M

-7.11%

0.420

-28.81%

204.30M

-3.17%

0.385

-24.51%

Estimates Revision

The market is revising Downward the revenue expectations for Photronics, Inc. (PLAB) for FY2025, with the revenue forecasts being adjusted by -0.46% over the past three months. During the same period, the stock price has changed by 13.41%.

Revenue Estimates for FY2025

Revise Downward

-0.46%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-1.43%

In Past 3 Month

Stock Price

Go Up

+13.41%

In Past 3 Month

2 Analyst Rating

Wall Street analysts forecast PLAB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PLAB is 30.00 USD with a low forecast of 30.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

0 Hold

0 Sell

Moderate Buy

Current: 22.080

Low

30.00

Averages

30.00

High

30.00

Current: 22.080

Low

30.00

Averages

30.00

High

30.00

Craig-Hallum

initiated

$32

2025-06-11

Reason

Craig-Hallum

Price Target

$32

2025-06-11

initiated

Reason

Craig-Hallum initiated coverage of Photronics with a Buy rating and $32 price target.

Craig-Hallum

Buy

initiated

$32

2025-06-11

Reason

Craig-Hallum

Price Target

$32

2025-06-11

initiated

Buy

Reason

As previously reported, Craig-Hallum initiated coverage of Photronics with a Buy rating and $32 price target. The firm says Photronics is one of the most significantly mispriced small-cap stocks it can remember coming across. Photronics has recently gone through a multi-year digestion period similar to others in the industry for legacy node applications, such as automotive and industrial end markets. In line with industry commentary for a bottoming in these markets, Craig-Hallum believes this digestion period for Photronics is near completion and the environment should gradually improve from here. In addition, the firm thinks the company's Flat Panel Display business should see tailwinds from the move to GEN 8.6 AMOLED display technologies which drive a clearer picture, better colors, a lighter device, and make bendable glass easier.

DA Davidson

Buy

downgrade

$35 -> $30

2025-05-29

Reason

DA Davidson

Price Target

$35 -> $30

2025-05-29

downgrade

Buy

Reason

DA Davidson lowered the firm's price target on Photronics to $30 from $35 but keeps a Buy rating on the shares. The company's results and outlook were slightly softer than expected, with the stock also under pressure on the announcement that the CEO is stepping aside after a three-year run, the analyst tells investors in a research note. The firm adds however that the management transition should be smooth and the industry crosscurrent will subside in the coming quarters.

DA Davidson

Thomas Diffely

Strong Buy

Maintains

$32 → $35

2024-12-12

Reason

DA Davidson

Thomas Diffely

Price Target

$32 → $35

2024-12-12

Maintains

Strong Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Photronics Inc (PLAB.O) is 12.08, compared to its 5-year average forward P/E of 11.48. For a more detailed relative valuation and DCF analysis to assess Photronics Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

11.48

Current PE

12.08

Overvalued PE

13.74

Undervalued PE

9.22

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

3.86

Current EV/EBITDA

3.91

Overvalued EV/EBITDA

4.51

Undervalued EV/EBITDA

3.21

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

1.42

Current PS

1.49

Overvalued PS

1.72

Undervalued PS

1.12