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PLAB Overview

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ET
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Intellectia

Loading chart...

High
28.610
Open
28.002
VWAP
27.79
Vol
1.69M
Mkt Cap
1.62B
Low
27.200
Amount
47.03M
EV/EBITDA(TTM)
5.61
Total Shares
58.96M
EV
1.54B
EV/OCF(TTM)
5.46
P/S(TTM)
1.98
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
select
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
Sees Q3 Revenue of $207M-$215M
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2026-05-28
07:10:00
Company Reports Q2 Revenue of $209.94M, Below Expectations
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News

Globenewswire
7.0
07-07Globenewswire
Photronics Investors Face Class Action Lawsuit
  • Class Action Initiated: The Portnoy Law Firm has launched a class action against Photronics on behalf of investors who purchased securities between December 10, 2025, and May 27, 2026, aiming to recover losses caused by the company's misleading information.
  • Financial Performance Miss: On May 28, 2026, Photronics reported second-quarter financial results that revealed revenue and earnings significantly below internal projections, with a critical 11% sequential decline in IC revenue, indicating severe bottlenecks in high-end chip design releases.
  • Severe Market Reaction: Following the earnings announcement, Photronics' stock plummeted from $53.51 per share on May 27, 2026, to $34.02 per share on May 28, representing a dramatic 36.42% drop in a single day, reflecting investor disappointment in the company's outlook.
  • Management's Pessimistic Outlook: The management indicated in the earnings report that due to extensive delays in new product launches, high fab utilization rates, and geopolitical uncertainties, third-quarter guidance would remain below market consensus, with margins expected to continue compressing.
Globenewswire
7.0
07-07Globenewswire
Class Action Filed Against Photronics for Securities Violations
  • Lawsuit Background: Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against Photronics, Inc., alleging violations of federal securities laws affecting all investors who purchased its securities between December 10, 2025, and May 27, 2026.
  • False Statement Allegations: The complaint claims that Photronics made materially false and misleading statements during this period, failing to disclose that demand for its high-end integrated circuit photomask products was constrained by a significant bottleneck in the design release pipeline, undermining the credibility of its positive business outlook.
  • Investor Action: Affected investors are encouraged to apply to be lead plaintiffs by September 4, 2026, to share in any potential recovery from the lawsuit, with the assurance that participation does not require serving as lead plaintiff.
  • Law Firm's Advantage: Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm specializing in securities fraud class actions, having recovered hundreds of millions for investors, emphasizing its commitment to restoring investor capital and ensuring corporate accountability.
Globenewswire
7.0
07-06Globenewswire
Photronics Faces Class Action Lawsuit Over Misleading Statements
  • Class Action Initiated: Photronics, Inc. (NASDAQ: PLAB) is facing a class action lawsuit initiated by Vaughn Cooper for misleading statements made between December 10, 2025, and May 27, 2026, which could significantly impact the company's reputation and stock price.
  • Financial Performance Decline: On May 28, 2026, Photronics reported second-quarter financial results that fell below internal projections, with a critical 11% sequential drop in IC revenue, indicating severe bottlenecks in its design release pipeline that hindered growth expectations.
  • Stock Price Volatility: Following the unfavorable earnings report, Photronics' stock plummeted from $53.51 per share on May 27, 2026, to $34.02 per share, marking a dramatic 36.42% decline in just one day, reflecting market pessimism about the company's future prospects.
  • Investor Rights Opportunity: Levi & Korsinsky LLP is urging PLAB shareholders to step forward by September 4, 2026, to request lead plaintiff status in pursuit of compensation for losses due to corporate misrepresentations, demonstrating a commitment to protecting investor rights and providing legal support.
PRnewswire
7.0
06-25PRnewswire
Pomerantz LLP Investigates Securities Fraud Claims Against Photronics
  • Investigation Launched: Pomerantz LLP is investigating claims on behalf of Photronics, Inc. investors regarding potential securities fraud or unlawful business practices by the company and its executives, highlighting a commitment to protecting investor rights.
  • Declining Financial Performance: In its Q2 2026 report, Photronics disclosed revenues of $209 million, a year-over-year decline, with operating margins dropping from 26.4% to 20.1%, indicating significant market pressures and reduced profitability.
  • Stock Price Plunge: Following the earnings report on May 28, 2026, Photronics' stock price fell by $19.49, or 36.4%, closing at $34.02 per share, reflecting strong investor concerns about the company's future prospects.
  • Market Challenges: The company noted that elevated fab utilization rates, delayed design releases, memory supply constraints, and geopolitical uncertainties are extending new product launch timelines, exacerbating cost pressures for OEMs.
Globenewswire
7.0
06-23Globenewswire
Pomerantz LLP Investigates Photronics for Securities Fraud
  • Investigation Launched: Pomerantz LLP is investigating claims of securities fraud against Photronics, Inc., focusing on whether the company and its executives engaged in unlawful business practices, which could undermine investor confidence and corporate reputation.
  • Declining Financial Performance: Photronics reported second-quarter 2026 revenue of $209 million, a year-over-year decline, with operating margins dropping from 26.4% to 20.1%, indicating significant market challenges facing the company.
  • Stock Price Plunge: Following the earnings report, Photronics' stock price fell by $19.49, or 36.4%, closing at $34.02 per share, reflecting a pessimistic outlook from the market regarding the company's future prospects.
  • Delayed Product Releases: The company disclosed that certain design releases have been delayed due to elevated fab utilization rates, memory supply constraints, and geopolitical uncertainty, extending new product launch timelines and increasing cost pressures for OEMs.
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.

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 11.14. 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
11.14
Current PE
13.26
Overvalued PE
13.09
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
4.10
Current EV/EBITDA
4.72
Overvalued EV/EBITDA
5.13
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
1.60
Current PS
1.92
Overvalued PS
2.04
Undervalued PS
1.16

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Whales Holding PLAB

H
Heartland Advisors, Inc.
Holding
PLAB
+13.15%
3M Return
R
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PLAB
+3.01%
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Frequently Asked Questions

What is Photronics Inc (PLAB) stock price today?

The current price of PLAB is 27.55 USD — it has decreased -5.65

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 July 08 2026.

What is Photronics Inc (PLAB) market cap?

Today PLAB has the market capitalization of 1.62B USD.