Photronics (PLAB) Stock Forecast, Price Target & Predictions
PLAB Stock Forecast
Photronics stock forecast is as follows: an average price target of $25.50 (represents a 4.12% upside from PLAB’s last price of $24.49) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
PLAB Price Target
The average price target for Photronics (PLAB) is $25.50 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $30.00 to $21.00. This represents a potential 4.12% upside from PLAB's last price of $24.49.
PLAB Analyst Ratings
According to 1 Wall Street analysts, Photronics's rating consensus is 'Buy'. The analyst rating breakdown for PLAB stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Photronics Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 26, 2022 | - | D.A. Davidson | $30.00 | $19.84 | 51.21% | 22.50% |
| Apr 12, 2022 | Patrick Ho | Stifel Nicolaus | $21.00 | $15.72 | 33.59% | -14.25% |
The latest Photronics stock forecast, released on May 26, 2022 by D.A. Davidson company, set a price target of $30.00, which represents a 51.21% increase from the stock price at the time of the forecast ($19.84), and a 22.50% increase from PLAB last price ($24.49).
Photronics Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $24.49 | $24.49 | $24.49 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Photronics stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Photronics's last price of $24.49. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 25, 2023 | Oppenheimer | Perform | Perform | Hold |
| Apr 26, 2022 | Stifel Nicolaus | - | Buy | Upgrade |
Photronics's last stock rating was published by Oppenheimer on May 25, 2023. The company gave PLAB a "Perform" rating, the same as its previous rate.
Photronics Financial Forecast
Photronics Revenue Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Apr 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $216.33M | - | $224.21M | $229.31M | $211.09M | $210.27M | $219.95M | - | $189.83M | $181.29M | - | - | $152.07M | $149.29M | - | - | - | $156.26M | $138.11M | $131.58M | $124.71M | $130.78M |
| Avg Forecast | $245.00M | $255.00M | $245.00M | $230.00M | $210.00M | $218.00M | $225.00M | $231.00M | $220.00M | $224.00M | $230.00M | $211.00M | $201.00M | $210.00M | $210.00M | $192.37M | $183.10M | $175.00M | $168.33M | $158.27M | $150.03M | $153.87M | $150.90M | $147.63M | $150.50M | $147.37M | $137.13M | $130.05M | $125.10M | $82.27M |
| High Forecast | $245.00M | $255.00M | $245.00M | $230.00M | $210.00M | $218.00M | $225.00M | $231.00M | $220.00M | $224.00M | $230.00M | $211.00M | $201.00M | $210.00M | $210.00M | $192.37M | $183.10M | $175.00M | $168.33M | $158.27M | $150.03M | $153.87M | $150.90M | $147.63M | $150.50M | $147.37M | $137.13M | $130.05M | $125.10M | $98.72M |
| Low Forecast | $245.00M | $255.00M | $245.00M | $230.00M | $210.00M | $218.00M | $225.00M | $231.00M | $220.00M | $224.00M | $230.00M | $211.00M | $201.00M | $210.00M | $210.00M | $192.37M | $183.10M | $175.00M | $168.33M | $158.27M | $150.03M | $153.87M | $150.90M | $147.63M | $150.50M | $147.37M | $137.13M | $130.05M | $125.10M | $65.81M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | 0.98% | - | 0.97% | 1.09% | 1.05% | 1.00% | 1.05% | - | 1.04% | 1.04% | - | - | 1.01% | 0.97% | - | - | - | 1.06% | 1.01% | 1.01% | 1.00% | 1.59% |
Photronics's average Quarter revenue forecast for Apr 24 based on 1 analysts is $231.00M, with a low forecast of $231.00M, and a high forecast of $231.00M. PLAB's average Quarter revenue forecast represents a 6.78% increase compared to the company's last Quarter revenue of $216.33M (Jan 24).
Photronics EBITDA Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Apr 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | $78.19M | - | $65.26M | $87.03M | $75.06M | $60.54M | $63.73M | - | $55.95M | $50.65M | - | - | $35.52M | $33.38M | - | - | - | $35.68M | $31.81M | $31.85M | $25.97M | $36.79M |
| Avg Forecast | $66.60M | $69.32M | $66.60M | $62.52M | $57.08M | $59.26M | $61.16M | $51.57M | $59.80M | $60.89M | $62.52M | $46.88M | $37.88M | $57.08M | $57.08M | $42.62M | $49.77M | $47.57M | $45.76M | $29.06M | $40.78M | $41.82M | $41.02M | $45.80M | $40.91M | $40.06M | $37.28M | $11.43M | $34.01M | $16.81M |
| High Forecast | $66.60M | $69.32M | $66.60M | $62.52M | $57.08M | $59.26M | $61.16M | $61.89M | $59.80M | $60.89M | $62.52M | $56.26M | $45.46M | $57.08M | $57.08M | $51.15M | $49.77M | $47.57M | $45.76M | $34.87M | $40.78M | $41.82M | $41.02M | $54.96M | $40.91M | $40.06M | $37.28M | $13.71M | $34.01M | $20.17M |
| Low Forecast | $66.60M | $69.32M | $66.60M | $62.52M | $57.08M | $59.26M | $61.16M | $41.26M | $59.80M | $60.89M | $62.52M | $37.51M | $30.31M | $57.08M | $57.08M | $34.10M | $49.77M | $47.57M | $45.76M | $23.25M | $40.78M | $41.82M | $41.02M | $36.64M | $40.91M | $40.06M | $37.28M | $9.14M | $34.01M | $13.45M |
| Surprise % | - | - | - | - | - | - | - | - | 1.31% | - | 1.04% | 1.86% | 1.98% | 1.06% | 1.12% | - | 1.12% | 1.06% | - | - | 0.87% | 0.80% | - | - | - | 0.89% | 0.85% | 2.79% | 0.76% | 2.19% |
1 analysts predict PLAB's average Quarter EBITDA for Apr 24 to be $51.57M, with a high of $61.89M and a low of $41.26M. This is -34.04% lower than Photronics's previous annual EBITDA (Jan 24) of $78.19M.
Photronics Net Income Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Apr 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 10 |
| Net Income | - | - | - | - | - | - | - | - | $26.18M | - | $26.96M | $59.27M | $28.95M | $55.26M | $49.22M | - | $31.73M | $28.63M | - | - | $8.04M | $6.46M | - | - | - | $9.70M | $6.35M | $8.48M | $5.27M | $10.66M |
| Avg Forecast | $34.95M | $38.70M | $36.82M | $33.08M | $28.71M | $32.46M | $34.95M | $21.61M | $30.58M | $33.08M | $32.74M | $19.64M | $14.82M | $29.96M | $31.21M | $17.86M | $19.56M | $15.60M | $13.73M | $6.57M | $6.87M | $9.57M | $9.15M | $10.30M | $9.99M | $9.36M | $6.03M | $2.32M | $3.12M | $3.25M |
| High Forecast | $34.95M | $38.70M | $36.82M | $33.08M | $28.71M | $32.46M | $34.95M | $25.93M | $30.58M | $33.08M | $32.74M | $23.57M | $17.78M | $29.96M | $31.21M | $21.43M | $19.56M | $15.60M | $13.73M | $7.89M | $6.87M | $9.57M | $9.15M | $12.36M | $9.99M | $9.36M | $6.03M | $2.78M | $3.12M | $3.89M |
| Low Forecast | $34.95M | $38.70M | $36.82M | $33.08M | $28.71M | $32.46M | $34.95M | $17.28M | $30.58M | $33.08M | $32.74M | $15.71M | $11.85M | $29.96M | $31.21M | $14.28M | $19.56M | $15.60M | $13.73M | $5.26M | $6.87M | $9.57M | $9.15M | $8.24M | $9.99M | $9.36M | $6.03M | $1.85M | $3.12M | $2.60M |
| Surprise % | - | - | - | - | - | - | - | - | 0.86% | - | 0.82% | 3.02% | 1.95% | 1.84% | 1.58% | - | 1.62% | 1.83% | - | - | 1.17% | 0.68% | - | - | - | 1.04% | 1.05% | 3.66% | 1.69% | 3.29% |
Photronics's average Quarter net income forecast for Apr 24 is $21.61M, with a range of $17.28M to $25.93M. PLAB's average Quarter net income forecast represents a -17.47% decrease compared to the company's last Quarter net income of $26.18M (Jan 24).
Photronics SG&A Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Apr 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 10 |
| SG&A | - | - | - | - | - | - | - | - | $18.32M | - | $18.03M | $17.88M | $16.82M | $15.68M | $15.96M | - | $15.73M | $14.32M | - | - | $14.05M | $12.79M | - | - | - | $12.14M | $13.12M | $13.27M | $13.79M | $13.64M |
| Avg Forecast | $20.83M | $21.68M | $20.83M | $19.55M | $17.85M | $18.53M | $19.13M | $14.73M | $18.70M | $19.04M | $19.55M | $13.39M | $10.71M | $17.85M | $17.85M | $12.18M | $15.56M | $14.88M | $14.31M | $11.50M | $12.75M | $13.08M | $12.83M | $14.22M | $12.79M | $12.53M | $11.66M | $6.07M | $10.63M | $6.46M |
| High Forecast | $20.83M | $21.68M | $20.83M | $19.55M | $17.85M | $18.53M | $19.13M | $17.68M | $18.70M | $19.04M | $19.55M | $16.07M | $12.86M | $17.85M | $17.85M | $14.61M | $15.56M | $14.88M | $14.31M | $13.80M | $12.75M | $13.08M | $12.83M | $17.06M | $12.79M | $12.53M | $11.66M | $7.28M | $10.63M | $7.75M |
| Low Forecast | $20.83M | $21.68M | $20.83M | $19.55M | $17.85M | $18.53M | $19.13M | $11.79M | $18.70M | $19.04M | $19.55M | $10.71M | $8.57M | $17.85M | $17.85M | $9.74M | $15.56M | $14.88M | $14.31M | $9.20M | $12.75M | $13.08M | $12.83M | $11.38M | $12.79M | $12.53M | $11.66M | $4.85M | $10.63M | $5.17M |
| Surprise % | - | - | - | - | - | - | - | - | 0.98% | - | 0.92% | 1.33% | 1.57% | 0.88% | 0.89% | - | 1.01% | 0.96% | - | - | 1.10% | 0.98% | - | - | - | 0.97% | 1.13% | 2.19% | 1.30% | 2.11% |
Photronics's average Quarter SG&A projection for Apr 24 is $14.73M, based on 1 Wall Street analysts, with a range of $11.79M to $17.68M. The forecast indicates a -19.59% fall compared to PLAB last annual SG&A of $18.32M (Jan 24).
Photronics EPS Forecast
| Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Apr 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 10 |
| EPS | - | - | - | - | - | - | - | - | $0.42 | - | $0.44 | $0.97 | $0.48 | $0.91 | $0.81 | - | $0.53 | $0.48 | - | - | $0.13 | $0.10 | - | - | - | $0.15 | $0.10 | $0.13 | $0.08 | $0.15 |
| Avg Forecast | $0.56 | $0.62 | $0.59 | $0.53 | $0.46 | $0.52 | $0.56 | $0.55 | $0.49 | $0.53 | $0.52 | $0.44 | $0.40 | $0.48 | $0.50 | $0.35 | $0.31 | $0.25 | $0.22 | $0.17 | $0.11 | $0.15 | $0.15 | $0.12 | $0.16 | $0.15 | $0.10 | $0.07 | $0.05 | $0.03 |
| High Forecast | $0.56 | $0.62 | $0.59 | $0.53 | $0.46 | $0.52 | $0.56 | $0.55 | $0.49 | $0.53 | $0.52 | $0.44 | $0.40 | $0.48 | $0.50 | $0.35 | $0.31 | $0.25 | $0.22 | $0.17 | $0.11 | $0.15 | $0.15 | $0.12 | $0.16 | $0.15 | $0.10 | $0.07 | $0.05 | $0.04 |
| Low Forecast | $0.56 | $0.62 | $0.59 | $0.53 | $0.46 | $0.52 | $0.56 | $0.55 | $0.49 | $0.53 | $0.52 | $0.44 | $0.40 | $0.48 | $0.50 | $0.35 | $0.31 | $0.25 | $0.22 | $0.17 | $0.11 | $0.15 | $0.15 | $0.12 | $0.16 | $0.15 | $0.10 | $0.07 | $0.05 | $0.03 |
| Surprise % | - | - | - | - | - | - | - | - | 0.86% | - | 0.84% | 2.20% | 1.20% | 1.90% | 1.62% | - | 1.69% | 1.92% | - | - | 1.18% | 0.65% | - | - | - | 1.00% | 1.03% | 2.00% | 1.60% | 5.00% |
According to 1 Wall Street analysts, Photronics's projected average Quarter EPS for Apr 24 is $0.55, with a low estimate of $0.55 and a high estimate of $0.55. This represents a 30.95% increase compared to PLAB previous annual EPS of $0.42 (Jan 24).
Photronics Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LRCX | Lam Research | $73.85 | $649.74 | 779.81% | Buy |
| AXTI | AXT | $1.96 | $5.38 | 174.49% | Buy |
| AEHR | Aehr Test Systems | $11.73 | $25.00 | 113.13% | Buy |
| ACLS | Axcelis | $79.72 | $137.00 | 71.85% | Buy |
| UCTT | Ultra Clean | $34.81 | $57.00 | 63.75% | Buy |
| IPGP | IPG Photonics | $76.39 | $123.00 | 61.02% | Buy |
| ONTO | Onto Innovation | $164.74 | $258.33 | 56.81% | Buy |
| ICHR | Ichor | $31.84 | $47.60 | 49.50% | Buy |
| KLIC | Kulicke and Soffa Industries | $47.05 | $65.00 | 38.15% | Hold |
| ENTG | Entegris | $105.12 | $143.92 | 36.91% | Buy |
| VECO | Veeco Instruments | $27.30 | $34.33 | 25.75% | Buy |
| COHU | Cohu | $25.87 | $30.00 | 15.96% | Buy |
| NVMI | Nova | $189.47 | $217.00 | 14.53% | Buy |
| PLAB | Photronics | $24.49 | $25.50 | 4.12% | Buy |
| KLAC | KLA | $644.55 | $619.00 | -3.96% | Buy |