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PLAB Overview

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$
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ET
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ET
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Intellectia

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High
33.790
Open
32.890
VWAP
33.27
Vol
2.27M
Mkt Cap
1.98B
Low
32.395
Amount
75.67M
EV/EBITDA(TTM)
6.56
Total Shares
58.96M
EV
1.80B
EV/OCF(TTM)
6.38
P/S(TTM)
2.28
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.
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Events Timeline

(ET)
2026-05-28
16:20:00
Major U.S. Averages Advance as Investors Weigh AI Enthusiasm Against Fiscal Outlook
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2026-05-28
12:10:00
Photronics Stock Drops 31.6% to $36.60
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2026-05-28
12:00:00
Major Averages Rise at Noon as Investors Weigh AI Enthusiasm and Fiscal Outlook
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2026-05-28
10:10:00
Photronics Stock Drops 31% to $36.90
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2026-05-28
09:10:00
U.S. Stock Futures Lower as Investors Focus on Fiscal Outlook
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2026-05-28
07:10:00
Company Reports Q2 Revenue of $209.94M, Below Expectations
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2026-05-28
07:10:00
Sees Q3 Revenue of $207M-$215M
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News

PRnewswire
7.0
06-19PRnewswire
Photronics Shares Plunge 36% Amid Investigation into Misleading Statements
  • Disappointing Earnings: Photronics reported a 6.7% sequential decline in revenues and an 11% drop in IC revenues for Q2 2026, resulting in a 26.8% decrease in GAAP net income and a 30% drop in non-GAAP net income, indicating a deteriorating operational outlook that severely undermined investor confidence.
  • Stock Price Crash: Following the poor earnings report, Photronics' shares plummeted by $19.49, or 36%, on May 28, 2026, erasing over $1.1 billion in market capitalization in a single day, reflecting the market's pessimism regarding the company's future prospects.
  • Insider Trading Concerns: Over the three months leading up to the earnings report, company insiders sold more than $15 million worth of shares, raising questions about the company's transparency and management integrity, which may have exacerbated market fears regarding its financial health.
  • Legal Investigation Launched: Hagens Berman has initiated an investigation into whether Photronics misled investors regarding its accounting practices, and if substantiated, this could lead to legal liabilities and further financial repercussions for the company.
Newsfilter
7.0
06-19Newsfilter
Photronics Shares Plunge 36% Prompting Investigation
  • Stock Price Plunge: Photronics' shares fell by $19.49 (-36%) on May 28, 2026, after dismal Q2 results wiped out over $1.1 billion in market capitalization, severely impacting investor confidence.
  • Deteriorating Financial Performance: The company reported a sequential revenue decline of 6.7%, an 11% drop in integrated circuit (IC) revenues, a 26.8% decrease in GAAP net income, and a 30% decline in non-GAAP net income, indicating a significant operational downturn.
  • Questionable Accounting Maneuvers: In December 2025, Photronics had drawn attention for reversing a tax valuation allowance, with the CFO citing improved US business performance; however, the poor Q2 results have raised doubts about this claim, potentially undermining trust in management.
  • Insider Trading Investigation: SEC filings revealed that insiders sold over $15 million in shares in the three months leading up to the report, prompting Hagens Berman to investigate whether Photronics misled investors and violated federal securities laws.
Globenewswire
7.0
06-16Globenewswire
Pomerantz LLP Investigates Photronics for Securities Fraud
  • Investigation Launched: Pomerantz LLP is investigating whether Photronics and its executives have engaged in securities fraud or other unlawful business practices, aiming to protect investor rights and potentially exposing the company to legal liabilities.
  • Poor Financial Performance: In its Q2 2026 report, Photronics disclosed revenue of $209 million, a year-over-year decline, with operating margins dropping from 26.4% last year to 20.1%, indicating increasing financial pressure on the company.
  • Stock Price Plummet: Following the earnings report, Photronics' stock price fell by $19.49, a 36.4% drop, closing at $34.02 per share, reflecting market pessimism regarding the company's future outlook.
  • Product Launch Delays: The company noted that certain design releases have been delayed due to elevated fab utilization rates, memory supply constraints, and geopolitical uncertainty, which are extending new product launch timelines and increasing cost pressures for OEMs.
PRnewswire
7.0
06-11PRnewswire
Pomerantz LLP Investigates Securities Fraud Claims Against Photronics
  • Securities Fraud Investigation: Pomerantz LLP is investigating whether Photronics and its executives have engaged in securities fraud or other unlawful business practices, aiming to protect investor rights and potentially lead to a class action lawsuit.
  • Declining Financial Performance: Photronics reported second-quarter 2026 revenue of $209 million, a year-over-year decline, with operating margins dropping to 20.1% from 26.4% last year, indicating significant financial pressure on the company.
  • Delayed Product Releases: The company faces delays in certain design releases due to elevated fab utilization rates, extending new product launch timelines, compounded by memory supply constraints and related cost pressures for OEMs.
  • Significant Stock Price Drop: Following the earnings report on May 28, 2026, Photronics' stock price plummeted by $19.49, or 36.4%, closing at $34.02, reflecting market concerns about the company's future prospects.
Globenewswire
7.0
06-09Globenewswire
Photronics Shares Plunge 36% Amid Investigation into Misleading Statements
  • Stock Price Plunge: Photronics shares plummeted 36% on May 28, 2026, losing $19.49 per share and erasing over $1.1 billion in market capitalization in a single day, indicating a severe loss of investor confidence in the company's operational prospects.
  • Dismal Financial Performance: The Q2 2026 report revealed a sequential revenue decline of 6.7%, an 11% drop in integrated circuit revenues, and a 26.8% decrease in GAAP net income, highlighting significant operational challenges that could impact future investment appeal.
  • Questionable Accounting Maneuver: During the December 2025 earnings call, Photronics reversed a tax valuation allowance, claiming it reflected improved US business performance; however, the legitimacy of this reversal is now under scrutiny, potentially undermining investor trust in the company's transparency.
  • Insider Stock Sales: SEC filings indicate that company insiders sold over $15 million worth of shares in the three months leading up to the report, raising concerns about corporate governance and management integrity, which may further erode investor confidence.
CNBC
6.5
06-05CNBC
Analysts' Perspectives on Multiple Companies' Stock Performances
  • Photronics Earnings Miss: Photronics reported disappointing quarterly results, leading analysts to place the stock in a 'penalty box' until the next quarter, indicating market caution regarding its future performance.
  • Woodward Valuation Outlook: Analysts regard Woodward as a strong company, predicting a price-to-earnings ratio of 40 times, highlighting the rising demand for industrial engines under current government policies, which suggests competitive strength and growth potential.
  • MannKind Investment Risks: MannKind is viewed as a speculative stock, with analysts noting that while it may attract speculative interest, investors should focus on other earnings-oriented stocks, reflecting concerns about the company's future profitability.
  • Occidental Petroleum War Impact: Occidental Petroleum's stock is sensitive to geopolitical risks, with analysts warning that if the war ends, the stock could decline significantly, showcasing the market's sensitivity to such external factors.

Valuation Metrics

The current forward P/E ratio for Photronics Inc (PLAB.O) is 13.26, compared to its 5-year average forward P/E of 11.15. 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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
11.15
Current PE
13.26
Overvalued PE
13.12
Undervalued PE
9.18

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
4.09
Current EV/EBITDA
5.74
Overvalued EV/EBITDA
5.12
Undervalued EV/EBITDA
3.07

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.59
Current PS
2.21
Overvalued PS
2.03
Undervalued PS
1.15

Financials

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Whales Holding PLAB

N
Needham Investment Management, LLC
Holding
PLAB
+67.84%
3M Return
H
Heartland Advisors, Inc.
Holding
PLAB
+14.99%
3M Return
M
Meeder Asset Management, Inc
Holding
PLAB
+11.61%
3M Return
R
Royal Bank of Canada Trust Company (Bahamas) Limited
Holding
PLAB
+7.95%
3M Return

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Frequently Asked Questions

What is Photronics Inc (PLAB) stock price today?

The current price of PLAB is 33.63 USD — it has increased 8.45

What is Photronics Inc (PLAB)'s business?

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.

What is the price predicton of PLAB Stock?

Wall Street analysts forecast PLAB stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PLAB is USD with a low forecast of USD and a high forecast of 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.

What is Photronics Inc (PLAB)'s revenue for the last quarter?

Photronics Inc revenue for the last quarter amounts to 209.94M USD, decreased -0.50

What is Photronics Inc (PLAB)'s earnings per share (EPS) for the last quarter?

Photronics Inc. EPS for the last quarter amounts to 0.54 USD, increased 260.00

How many employees does Photronics Inc (PLAB). have?

Photronics Inc (PLAB) has 1908 emplpoyees as of June 20 2026.

What is Photronics Inc (PLAB) market cap?

Today PLAB has the market capitalization of 1.98B USD.