Photronics (PLAB) to Post Quarterly Earnings on Wednesday

Key Points

• Photronics is scheduled to report fiscal Q3 2026 earnings before the market opens on August 26. Analysts expect EPS of about $0.40 and revenue of approximately $208.8 million, compared with company guidance of $0.39–$0.45 EPS.
• The company’s previous quarter fell short of expectations, with EPS of $0.42 versus the $0.53 consensus and revenue of $209.9 million versus $216.5 million expected. Revenue declined 0.5% year over year.
• Investor sentiment is being affected by securities litigation. Lawsuit notices allege misleading statements about demand for high-end IC photomasks and cite an approximately 36% stock decline; the allegations remain unproven, while analysts maintain a consensus “Buy” rating and $49.33 price target.

Photronics (NASDAQ:PLAB - Get Free Report) is expected to announce its Q3 2026 results before the market opens on Wednesday, August 26th. Analysts expect the company to announce earnings of $0.4033 per share and revenue of $208.7530 million for the quarter. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS. Investors can check the company's upcoming Q3 2026 earning report for the latest details on the call scheduled for Wednesday, August 26, 2026 at 8:30 AM ET.

Photronics (NASDAQ:PLAB - Get Free Report) last announced its quarterly earnings results on Thursday, May 28th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.11). The business had revenue of $209.94 million during the quarter, compared to analysts' expectations of $216.47 million. Photronics had a net margin of 18.47% and a return on equity of 7.69%. The firm's revenue for the quarter was down .5% on a year-over-year basis. During the same period last year, the company earned $0.40 EPS. On average, analysts expect Photronics to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Photronics Price Performance

PLAB stock opened at $31.88 on Wednesday. The company's 50 day simple moving average is $30.91 and its 200-day simple moving average is $37.65. Photronics has a 12 month low of $20.05 and a 12 month high of $56.00. The firm has a market capitalization of $1.88 billion, a PE ratio of 11.64 and a beta of 1.38.

Photronics News Roundup

Here are the key news stories impacting Photronics this week:

• Neutral Sentiment: Multiple investor-rights law firms announced that shareholders who purchased PLAB securities between December 10, 2025, and May 27, 2026, may seek appointment as lead plaintiff by September 4, 2026. The notices largely repeat the same case details and do not represent new operating developments. Rosen Law Firm deadline notice
• Negative Sentiment: The lawsuit alleges that Photronics and certain officers misled investors about demand and the outlook for its high-end IC photomask product line, including claims concerning “trusted mask” relationships and robust global orders. The allegations remain unproven, but the litigation creates potential financial, reputational, and management-distraction risks. Hagens Berman lawsuit notice
• Negative Sentiment: Several notices reference an approximately 36% stock decline after the alleged disclosures and describe a sharp reversal in the prior narrative of high-end IC strength. Continued publicity around the case is likely contributing to investor caution and volatility. SueWallSt investor alert

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on PLAB shares. Lake Street Capital reaffirmed a "buy" rating and issued a $55.00 target price on shares of Photronics in a research note on Friday, May 1st. Wall Street Zen downgraded Photronics from a "buy" rating to a "hold" rating in a research report on Saturday, June 13th. Weiss Ratings reissued a "hold (c+)" rating on shares of Photronics in a report on Friday, July 24th. Zacks Research upgraded Photronics to a "hold" rating in a research 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 analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $49.33.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Larson Financial Group LLC acquired a new stake in shares of Photronics during the third quarter worth $28,000. Quarry LP increased its stake in Photronics by 569.8% in the fourth quarter. Quarry LP now owns 1,353 shares of the semiconductor company's stock valued at $43,000 after purchasing an additional 1,151 shares during the last quarter. Global Retirement Partners LLC increased its stake in Photronics by 723.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,417 shares of the semiconductor company's stock valued at $45,000 after purchasing an additional 1,245 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position in Photronics by 243.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,499 shares of the semiconductor company's stock worth $48,000 after buying an additional 1,063 shares during the period. Finally, Wexford Capital LP purchased a new position in Photronics during the third quarter worth about $62,000. 88.38% of the stock is currently owned by institutional investors and hedge funds.

Photronics Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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