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 7.82% upside from PLAB’s last price of $23.65) 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 7.82% upside from PLAB's last price of $23.65.
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% | 26.85% |
| Apr 12, 2022 | Patrick Ho | Stifel Nicolaus | $21.00 | $15.72 | 33.59% | -11.21% |
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 26.85% increase from PLAB last price ($23.65).
Photronics Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $23.65 | $23.65 | $23.65 |
| 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 $23.65. 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 | Oct 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 | $144.66M |
| 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 | $120.35M |
| 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 | $144.42M |
| 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 | $96.28M |
| # Analysts | - | - | - | - | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 6 | 11 | 11 | 11 | 11 | 6 | 6 | 6 | 6 | 12 |
| 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% | 1.20% |
Photronics's average Quarter revenue forecast for Apr 24 based on 0 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 | Oct 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 6 | 11 | 11 | 11 | 11 | 6 | 6 | 6 | 6 | 12 |
| 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 | $36.47M |
| 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 | $54.64M | $35.00M | $57.08M | $52.29M | $34.44M | $47.57M | $37.64M | $29.06M | $44.51M | $41.82M | $41.02M | $45.80M | $35.68M | $31.81M | $23.66M | $11.43M | $34.32M | $30.95M |
| 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 | $54.64M | $41.99M | $57.08M | $52.29M | $41.33M | $47.57M | $45.16M | $34.87M | $53.41M | $41.82M | $41.02M | $54.96M | $42.82M | $38.18M | $28.39M | $13.71M | $41.19M | $37.14M |
| 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 | $54.64M | $28.00M | $57.08M | $52.29M | $27.55M | $47.57M | $30.11M | $23.25M | $35.61M | $41.82M | $41.02M | $36.64M | $28.54M | $25.45M | $18.93M | $9.14M | $27.46M | $24.76M |
| Surprise % | - | - | - | - | - | - | - | - | 1.31% | - | 1.04% | 1.86% | 1.37% | 1.73% | 1.12% | - | 1.62% | 1.06% | - | - | 0.80% | 0.80% | - | - | - | 1.12% | 1.34% | 2.79% | 0.76% | 1.18% |
0 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 | Oct 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 6 | 11 | 11 | 11 | 11 | 6 | 6 | 6 | 6 | 12 |
| 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 | $12.49M |
| 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 | $24.97M | $6.98M | $31.20M | $21.80M | $13.47M | $15.57M | $10.53M | $6.57M | $8.61M | $9.55M | $9.14M | $10.30M | $9.70M | $6.35M | $6.30M | $2.32M | $11.75M | $11.27M |
| 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 | $24.97M | $8.38M | $31.20M | $21.80M | $16.17M | $15.57M | $12.63M | $7.89M | $10.34M | $9.55M | $9.14M | $12.36M | $11.64M | $7.62M | $7.56M | $2.78M | $14.10M | $13.52M |
| 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 | $24.97M | $5.59M | $31.20M | $21.80M | $10.78M | $15.57M | $8.42M | $5.26M | $6.89M | $9.55M | $9.14M | $8.24M | $7.76M | $5.08M | $5.04M | $1.85M | $9.40M | $9.01M |
| Surprise % | - | - | - | - | - | - | - | - | 0.86% | - | 0.82% | 3.02% | 1.16% | 7.92% | 1.58% | - | 2.36% | 1.84% | - | - | 0.93% | 0.68% | - | - | - | 1.53% | 1.01% | 3.66% | 0.45% | 1.11% |
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 | Oct 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 6 | 11 | 11 | 11 | 11 | 6 | 6 | 6 | 6 | 12 |
| 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 | $13.50M |
| 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 | $17.09M | $14.44M | $17.85M | $16.35M | $9.74M | $14.88M | $14.07M | $11.50M | $17.05M | $13.08M | $12.83M | $14.22M | $12.14M | $13.12M | $9.86M | $6.07M | $12.71M | $10.84M |
| 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 | $17.09M | $17.32M | $17.85M | $16.35M | $11.69M | $14.88M | $16.88M | $13.80M | $20.46M | $13.08M | $12.83M | $17.06M | $14.57M | $15.75M | $11.83M | $7.28M | $15.25M | $13.00M |
| 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 | $17.09M | $11.55M | $17.85M | $16.35M | $7.79M | $14.88M | $11.25M | $9.20M | $13.64M | $13.08M | $12.83M | $11.38M | $9.71M | $10.50M | $7.89M | $4.85M | $10.17M | $8.67M |
| Surprise % | - | - | - | - | - | - | - | - | 0.98% | - | 0.92% | 1.33% | 0.98% | 1.09% | 0.89% | - | 1.61% | 0.96% | - | - | 0.82% | 0.98% | - | - | - | 0.93% | 1.33% | 2.19% | 1.09% | 1.25% |
Photronics's average Quarter SG&A projection for Apr 24 is $14.73M, based on 0 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 | Oct 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 6 | 11 | 11 | 11 | 11 | 6 | 6 | 6 | 6 | 12 |
| 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 | $0.18 |
| 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 | $0.13 |
| 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 | $0.16 |
| 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 | $0.10 |
| 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% | 1.38% |
According to 0 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 |
|---|---|---|---|---|---|
| AXTI | AXT | $2.35 | $5.38 | 128.94% | Buy |
| IPGP | IPG Photonics | $67.67 | $146.00 | 115.75% | Buy |
| AEHR | Aehr Test Systems | $12.94 | $25.00 | 93.20% | Buy |
| UCTT | Ultra Clean | $34.69 | $56.00 | 61.43% | Buy |
| KLIC | Kulicke and Soffa Industries | $40.28 | $65.00 | 61.37% | Hold |
| ICHR | Ichor | $29.18 | $47.00 | 61.07% | Buy |
| COHU | Cohu | $25.15 | $34.00 | 35.19% | Buy |
| ENTG | Entegris | $110.67 | $148.30 | 34.00% | Buy |
| ACLS | Axcelis | $103.27 | $137.00 | 32.66% | Buy |
| ONTO | Onto Innovation | $197.82 | $257.50 | 30.17% | Buy |
| VECO | Veeco Instruments | $31.25 | $34.33 | 9.86% | Buy |
| LRCX | Lam Research | $769.72 | $832.05 | 8.10% | Buy |
| PLAB | Photronics | $23.65 | $25.50 | 7.82% | Buy |
| NVMI | Nova | $206.71 | $210.00 | 1.59% | Buy |
| KLAC | KLA | $751.50 | $590.28 | -21.45% | Buy |
PLAB Forecast FAQ
Is Photronics a good buy?
Yes, according to 1 Wall Street analysts, Photronics (PLAB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of PLAB's total ratings.
What is PLAB's price target?
Photronics (PLAB) average price target is $25.5 with a range of $21 to $30, implying a 7.82% from its last price of $23.65. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Photronics stock go up soon?
According to Wall Street analysts' prediction for PLAB stock, the company can go up by 7.82% (from the last price of $23.65 to the average price target of $25.5), up by 26.85% based on the highest stock price target, and down by -11.21% based on the lowest stock price target.
Can Photronics stock reach $40?
PLAB's average twelve months analyst stock price target of $25.5 does not support the claim that Photronics can reach $40 in the near future.
What are Photronics's analysts' financial forecasts?
Photronics's analysts financial forecasts for the fiscal year (Oct 2024) are as follows: average revenue is $894M (high $894M, low $894M), average EBITDA is $231.79M (high $242.1M, low $221.48M), average net income is $119.6M (high $123.92M, low $115.27M), average SG&A $71.09M (high $74.04M, low $68.15M), and average EPS is $2.12 (high $2.12, low $2.12). PLAB's analysts financial forecasts for the fiscal year (Oct 2025) are as follows: average revenue is $940M (high $940M, low $940M), average EBITDA is $255.51M (high $255.51M, low $255.51M), average net income is $137.31M (high $137.31M, low $137.31M), average SG&A $79.91M (high $79.91M, low $79.91M), and average EPS is $2.2 (high $2.2, low $2.2).
Did the PLAB's actual financial results beat the analysts' financial forecasts?
Based on Photronics's last annual report (Oct 2022), the company's revenue was $824.55M, beating the average analysts forecast of $795.47M by 3.66%. Apple's EBITDA was $292.2M, beating the average prediction of $178.81M by 63.41%. The company's net income was $179.24M, beating the average estimation of $73.46M by 144.01%. Apple's SG&A was $63.99M, beating the average forecast of $58.38M by 9.61%. Lastly, the company's EPS was $2.96, beating the average prediction of $1.64 by 80.12%. In terms of the last quarterly report (Jan 2024), Photronics's revenue was $216.33M, missing the average analysts' forecast of $220M by -1.67%. The company's EBITDA was $78.19M, beating the average prediction of $59.8M by 30.75%. Photronics's net income was $26.18M, missing the average estimation of $30.58M by -14.40%. The company's SG&A was $18.32M, missing the average forecast of $18.7M by -2.04%. Lastly, the company's EPS was $0.42, missing the average prediction of $0.49 by -14.29%