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 6.07% upside from PLAB’s last price of $24.04) 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 6.07% upside from PLAB's last price of $24.04.
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% | 24.79% | |
| Apr 12, 2022 | Patrick Ho | Stifel Nicolaus | $21.00 | $15.72 | 33.59% | -12.65% |
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 24.79% increase from PLAB last price ($24.04).
Photronics Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $24.04 | $24.04 | $24.04 |
| 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 $24.04. 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
| Oct 26 | Jul 26 | Apr 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Avg Forecast | $260.00M | $250.00M | $240.00M | $230.00M | $245.00M | $235.00M | $225.00M | $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 |
| High Forecast | $260.00M | $250.00M | $240.00M | $230.00M | $245.00M | $235.00M | $225.00M | $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 |
| Low Forecast | $260.00M | $250.00M | $240.00M | $230.00M | $245.00M | $235.00M | $225.00M | $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 |
| # Analysts | 1 | 1 | 1 | 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 |
| 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% |
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
| Oct 26 | Jul 26 | Apr 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 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 |
| 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 |
| Avg Forecast | $82.24M | $79.07M | $75.91M | $72.75M | $77.49M | $74.33M | $71.17M | $66.42M | $68.95M | $71.17M | $51.57M | $69.58M | $70.85M | $72.75M | $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 |
| High Forecast | $82.24M | $79.07M | $75.91M | $72.75M | $77.49M | $74.33M | $71.17M | $66.42M | $68.95M | $71.17M | $61.89M | $69.58M | $70.85M | $72.75M | $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 |
| Low Forecast | $82.24M | $79.07M | $75.91M | $72.75M | $77.49M | $74.33M | $71.17M | $66.42M | $68.95M | $71.17M | $41.26M | $69.58M | $70.85M | $72.75M | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.12% | - | 0.90% | 1.86% | 1.98% | 1.06% | 1.12% | - | 1.12% | 1.06% | - | - | 0.87% | 0.80% | - | - | - | 0.89% | 0.85% |
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
| Oct 26 | Jul 26 | Apr 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 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 |
| 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 |
| Avg Forecast | $38.72M | $36.85M | $34.98M | $33.10M | $34.98M | $34.35M | $32.48M | $29.35M | $32.48M | $34.98M | $21.61M | $30.60M | $33.10M | $32.76M | $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 |
| High Forecast | $38.72M | $36.85M | $34.98M | $33.10M | $34.98M | $34.35M | $32.48M | $29.35M | $32.48M | $34.98M | $25.93M | $30.60M | $33.10M | $32.76M | $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 |
| Low Forecast | $38.72M | $36.85M | $34.98M | $33.10M | $34.98M | $34.35M | $32.48M | $29.35M | $32.48M | $34.98M | $17.28M | $30.60M | $33.10M | $32.76M | $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 |
| 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% |
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
| Oct 26 | Jul 26 | Apr 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 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 |
| 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 |
| Avg Forecast | $22.10M | $21.25M | $20.40M | $19.55M | $20.83M | $19.98M | $19.13M | $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 |
| High Forecast | $22.10M | $21.25M | $20.40M | $19.55M | $20.83M | $19.98M | $19.13M | $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 |
| Low Forecast | $22.10M | $21.25M | $20.40M | $19.55M | $20.83M | $19.98M | $19.13M | $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 |
| 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% |
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
| Oct 26 | Jul 26 | Apr 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 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 |
| 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 |
| Avg Forecast | $0.62 | $0.59 | $0.56 | $0.53 | $0.56 | $0.55 | $0.52 | $0.47 | $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 |
| High Forecast | $0.62 | $0.59 | $0.56 | $0.53 | $0.56 | $0.55 | $0.52 | $0.47 | $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 |
| Low Forecast | $0.62 | $0.59 | $0.56 | $0.53 | $0.56 | $0.55 | $0.52 | $0.47 | $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 |
| 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% |
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 |
|---|---|---|---|---|---|
| AXTI | AXT | $2.28 | $5.38 | 135.96% | Buy |
| ACLS | Axcelis | $74.83 | $174.00 | 132.53% | Buy |
| VECO | Veeco Instruments | $28.01 | $55.00 | 96.36% | Buy |
| AEHR | Aehr Test Systems | $14.54 | $25.00 | 71.94% | Buy |
| UCTT | Ultra Clean | $37.08 | $57.00 | 53.72% | Buy |
| ONTO | Onto Innovation | $172.23 | $258.33 | 49.99% | Buy |
| ICHR | Ichor | $31.73 | $45.00 | 41.82% | Buy |
| IPGP | IPG Photonics | $76.34 | $100.00 | 30.99% | Buy |
| ENTG | Entegris | $109.36 | $142.75 | 30.53% | Buy |
| KLIC | Kulicke and Soffa Industries | $49.83 | $65.00 | 30.44% | Hold |
| KLAC | KLA | $654.88 | $822.50 | 25.60% | Buy |
| LRCX | Lam Research | $77.81 | $96.00 | 23.38% | Buy |
| NVMI | Nova | $197.65 | $224.00 | 13.33% | Buy |
| COHU | Cohu | $27.41 | $30.00 | 9.45% | Buy |
| PLAB | Photronics | $26.23 | $25.50 | -2.78% | Buy |