What is Craig Hallum’s Forecast for Photronics Q2 Earnings?

Photronics, Inc. (NASDAQ:PLAB) – Craig Hallum issued their Q2 2026 earnings per share (EPS) estimates for shares of Photronics in a report released on Tuesday, May 19th. Craig Hallum analyst C. Schwab anticipates that the semiconductor company will post earnings of $0.51 per share for the quarter. Craig Hallum has a “Buy” rating and a $48.00 price target on the stock. The consensus estimate for Photronics’ current full-year earnings is $2.35 per share.

Photronics (NASDAQ:PLAB) last posted its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.07. Photronics had a return on equity of 7.88% and a net margin of 15.83%.The company had revenue of $225.07 million during the quarter, compared to analysts’ expectations of $220.09 million. During the same quarter in the previous year, the business earned $0.52 EPS. Photronics’s revenue was up 6.1% compared to the same quarter last year. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS.

A number of other research firms have also recently issued reports on PLAB. Lake Street Capital restated a “buy” rating and set a $55.00 price objective on shares of Photronics in a report on Friday, May 1st. Wall Street Zen upgraded Photronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 14th. Weiss Ratings raised Photronics from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Finally, Zacks Research lowered Photronics from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Photronics presently has an average rating of “Moderate Buy” and a consensus target price of $49.33.

Photronics Stock Up 8.9%

PLAB opened at $49.83 on Thursday. The business has a fifty day moving average of $44.43 and a 200 day moving average of $36.09. Photronics has a 52-week low of $16.59 and a 52-week high of $56.00. The stock has a market cap of $2.94 billion, a P/E ratio of 21.20 and a beta of 1.51.

Institutional Investors Weigh In On Photronics

Institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada raised its position in shares of Photronics by 30.1% in the 1st quarter. Royal Bank of Canada now owns 219,290 shares of the semiconductor company’s stock worth $4,553,000 after acquiring an additional 50,707 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Photronics by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,647 shares of the semiconductor company’s stock worth $761,000 after acquiring an additional 1,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Photronics by 14.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,752 shares of the semiconductor company’s stock worth $2,009,000 after acquiring an additional 12,159 shares in the last quarter. Intech Investment Management LLC raised its position in shares of Photronics by 6.0% in the 1st quarter. Intech Investment Management LLC now owns 62,441 shares of the semiconductor company’s stock worth $1,296,000 after acquiring an additional 3,526 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Photronics by 21.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 273,646 shares of the semiconductor company’s stock worth $5,153,000 after acquiring an additional 48,342 shares in the last quarter. 88.38% of the stock is owned by institutional investors.

Insider Buying and Selling at Photronics

In other Photronics news, Director Kang Jyh Lee sold 20,000 shares of Photronics stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $45.92, for a total transaction of $918,400.00. Following the completion of the sale, the director directly owned 355,850 shares of the company’s stock, valued at $16,340,632. The trade was a 5.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Constantine S. Macricostas sold 50,000 shares of Photronics stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $45.35, for a total value of $2,267,500.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 346,144 shares of company stock worth $15,061,759 over the last quarter. Insiders own 3.30% of the company’s stock.

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.