Photronics (NASDAQ:PLAB) Sets New 52-Week High – Here’s Why

17 Apr 2026, 10:02 by Renee Jackson · The Cerbat Gem

Photronics, Inc. (NASDAQ:PLAB – Get Free Report)’s share price hit a new 52-week high on Friday . The company traded as high as $47.00 and last traded at $47.0090, with a volume of 3546 shares traded. The stock had previously closed at $45.84.

Analysts Set New Price Targets

PLAB has been the topic of a number of analyst reports. Wall Street Zen upgraded Photronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 14th. Zacks Research raised Photronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Weiss Ratings restated a “hold (c+)” rating on shares of Photronics in a research report on Friday, March 27th. Lake Street Capital initiated coverage on Photronics in a research note on Friday, March 20th. They set a “buy” rating and a $46.00 target price for the company. Finally, Craig Hallum reiterated a “buy” rating and set a $48.00 target price on shares of Photronics in a research report on Tuesday, March 3rd. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $46.33.

View Our Latest Analysis on Photronics

Photronics Stock Performance

The company has a 50 day simple moving average of $38.75 and a 200 day simple moving average of $31.84. The company has a market capitalization of $2.74 billion, a PE ratio of 19.80 and a beta of 1.43.

Photronics (NASDAQ:PLAB – Get Free Report) last released its earnings results on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.07. The business had revenue of $225.07 million for the quarter, compared to the consensus estimate of $220.09 million. Photronics had a return on equity of 7.88% and a net margin of 15.83%.The business’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 earnings per share. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. As a group, equities research analysts anticipate that Photronics, Inc. will post 2.3 EPS for the current year.

Insider Buying and Selling at Photronics

In related news, Director Constantine S. Macricostas sold 50,000 shares of the company’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $45.35, for a total transaction of $2,267,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Eric Rivera sold 1,000 shares of the stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $44.77, for a total transaction of $44,770.00. Following the completion of the sale, the chief financial officer owned 136,173 shares of the company’s stock, valued at approximately $6,096,465.21. The trade was a 0.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 311,588 shares of company stock valued at $13,479,594. 3.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On Photronics

Several hedge funds and other institutional investors have recently made changes to their positions in PLAB. AlphaQuest LLC boosted its stake in Photronics by 323.1% during the third quarter. AlphaQuest LLC now owns 50,036 shares of the semiconductor company’s stock worth $1,148,000 after buying an additional 38,209 shares during the last quarter. Inspire Investing LLC increased its stake in shares of Photronics by 201.3% in the 3rd quarter. Inspire Investing LLC now owns 62,556 shares of the semiconductor company’s stock worth $1,436,000 after acquiring an additional 41,791 shares during the last quarter. Belpointe Asset Management LLC purchased a new position in shares of Photronics during the 3rd quarter worth $864,000. Victory Capital Management Inc. raised its holdings in shares of Photronics by 699.0% during the 3rd quarter. Victory Capital Management Inc. now owns 2,305,610 shares of the semiconductor company’s stock worth $52,914,000 after acquiring an additional 2,017,052 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of Photronics by 4.6% during the 3rd quarter. American Century Companies Inc. now owns 2,412,245 shares of the semiconductor company’s stock valued at $55,361,000 after acquiring an additional 106,069 shares during the last quarter. Institutional investors and hedge funds own 88.38% of the company’s stock.

Photronics Company Profile

(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.