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 11.74% upside from PLAB’s last price of $22.82) 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 11.74% upside from PLAB's last price of $22.82.
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% | 31.46% | |
| Apr 12, 2022 | Patrick Ho | Stifel Nicolaus | $21.00 | $15.72 | 33.59% | -7.98% |
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 31.46% increase from PLAB last price ($22.82).
Photronics Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $22.82 | $22.82 | $22.82 |
| 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 $22.82. 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 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 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 | - | $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% | - | 1.05% | 1.00% | 1.05% | - | 1.04% | 1.04% | - | - | 1.01% | 0.97% | - | - | - | 1.06% | 1.01% |
Photronics's average Quarter revenue forecast for May 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 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 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 | - | $75.06M | $60.54M | $63.73M | - | $55.95M | $50.65M | - | - | $35.52M | $33.38M | - | - | - | $35.68M | $31.81M |
| Avg Forecast | $82.68M | $79.50M | $76.32M | $73.14M | $77.91M | $74.73M | $71.55M | $66.78M | $69.32M | $71.55M | $51.57M | $69.96M | $71.23M | $73.14M | $46.88M | $63.92M | $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 | $82.68M | $79.50M | $76.32M | $73.14M | $77.91M | $74.73M | $71.55M | $66.78M | $69.32M | $71.55M | $61.89M | $69.96M | $71.23M | $73.14M | $56.26M | $63.92M | $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 | $82.68M | $79.50M | $76.32M | $73.14M | $77.91M | $74.73M | $71.55M | $66.78M | $69.32M | $71.55M | $41.26M | $69.96M | $71.23M | $73.14M | $37.51M | $63.92M | $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% | - | 0.89% | - | 1.17% | 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 May 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 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 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 | - | $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 | $24.98M | $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 | $31.27M | $32.48M | $34.98M | $25.93M | $30.60M | $33.10M | $32.76M | $23.57M | $24.98M | $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 | $27.44M | $32.48M | $34.98M | $17.28M | $30.60M | $33.10M | $32.76M | $15.71M | $24.98M | $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% | - | 1.16% | 1.84% | 1.58% | - | 1.62% | 1.83% | - | - | 1.17% | 0.68% | - | - | - | 1.04% | 1.05% |
Photronics's average Quarter net income forecast for May 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 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 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 | - | $16.82M | $15.68M | $15.96M | - | $15.73M | $14.32M | - | - | $14.05M | $12.79M | - | - | - | $12.14M | $13.12M |
| Avg Forecast | $21.82M | $20.99M | $20.15M | $19.31M | $20.57M | $19.73M | $18.89M | $17.63M | $18.30M | $18.89M | $14.73M | $18.47M | $18.80M | $19.31M | $13.39M | $16.87M | $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 | $21.82M | $20.99M | $20.15M | $19.31M | $20.57M | $19.73M | $18.89M | $17.63M | $18.30M | $18.89M | $17.68M | $18.47M | $18.80M | $19.31M | $16.07M | $16.87M | $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 | $21.82M | $20.99M | $20.15M | $19.31M | $20.57M | $19.73M | $18.89M | $17.63M | $18.30M | $18.89M | $11.79M | $18.47M | $18.80M | $19.31M | $10.71M | $16.87M | $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 % | - | - | - | - | - | - | - | - | - | - | - | 0.99% | - | 0.93% | - | 1.00% | 0.88% | 0.89% | - | 1.01% | 0.96% | - | - | 1.10% | 0.98% | - | - | - | 0.97% | 1.13% |
Photronics's average Quarter SG&A projection for May 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 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 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 | - | $0.48 | $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 | $0.50 | $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 | $0.44 | $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% | - | 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 May 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 | $2.08 | $5.38 | 158.65% | Buy |
| AEHR | Aehr Test Systems | $10.82 | $25.00 | 131.05% | Buy |
| ACLS | Axcelis | $68.61 | $137.00 | 99.68% | Buy |
| ICHR | Ichor | $27.20 | $45.00 | 65.44% | Buy |
| UCTT | Ultra Clean | $35.16 | $57.00 | 62.12% | Buy |
| KLIC | Kulicke and Soffa Industries | $43.90 | $65.00 | 48.06% | Hold |
| ENTG | Entegris | $98.00 | $140.29 | 43.15% | Buy |
| VECO | Veeco Instruments | $24.53 | $34.33 | 39.95% | Buy |
| IPGP | IPG Photonics | $72.04 | $100.00 | 38.81% | Buy |
| COHU | Cohu | $22.47 | $30.00 | 33.51% | Buy |
| ONTO | Onto Innovation | $191.81 | $252.50 | 31.64% | Buy |
| LRCX | Lam Research | $75.15 | $95.29 | 26.80% | Buy |
| KLAC | KLA | $712.97 | $806.67 | 13.14% | Buy |
| PLAB | Photronics | $22.82 | $25.50 | 11.74% | Buy |
| NVMI | Nova | $232.38 | $224.00 | -3.61% | Buy |