Photronics Inc. (PLAB) stock rose 16.0% following the company's earnings announcement on February 25, 2026. The semiconductor company reported earnings per share of $0.61, exceeding the consensus estimate of $0.54 by $0.07. Revenue reached $225.07 million, surpassing the analyst estimate of $220.09 million. The company achieved a net margin of 16.06% and a return on equity of 7.87%. For Q2 2026, Photronics provided earnings guidance of $0.49 to $0.55 per share and revenue guidance of $212 million to $220 million. Following the results, DA Davidson raised its price target from $30.00 to $45.00 with a buy rating, and Craig Hallum raised its target to $42. The stock reached a 52-week high, with analysts maintaining a "Moderate Buy" consensus and an average price target of $43.50.
Read full analysisPhotronics Inc. (PLAB) stock rose 16.0% following the company's earnings announcement on February 25, 2026. The semiconductor company reported earnings per share of $0.61, exceeding the consensus estimate of $0.54 by $0.07. Revenue reached $225.07 million, surpassing the analyst estimate of $220.09 million. The company achieved a net margin of 16.06% and a return on equity of 7.87%. For Q2 2026, Photronics provided earnings guidance of $0.49 to $0.55 per share and revenue guidance of $212 million to $220 million. Following the results, DA Davidson raised its price target from $30.00 to $45.00 with a buy rating, and Craig Hallum raised its target to $42. The stock reached a 52-week high, with analysts maintaining a "Moderate Buy" consensus and an average price target of $43.50.
Photronics is a leading manufacturer of photomasks — the high-precision quartz plates used to transfer circuit patterns onto semiconductor wafers and flat-panel displays. The company serves major chipmakers and display producers globally, making it a picks-and-shovels play on semiconductor demand. Today's earnings beat and strong margins suggest the company is benefiting from robust photomask demand across its end markets.