PLAB, US7194051022

Photronics stock fell 2.30 percent to USD 30.11

Published on 10/08/2026 at 07:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Photronics posted USD 216.0 million in fiscal Q3 revenue, up 2.7 percent year over year. Six analysts set a Moderate Buy consensus and a USD 49.33 average target.

PLAB, US7194051022, Illustration mit AI erstellt.

Photronics stock (ISIN US7194051022) fell 2.30 percent to USD 30.11 at the October 7, 2026 close on Nasdaq. The move leaves the photomask maker between its 52-week low of USD 20.05 and high of USD 56.00, while its quarterly figures show profit growth ahead of sales.

Profit grows faster than revenue

According to StockTitan in the Form 10-Q for the quarter ended August 2, 2026, Photronics generated USD 216.0 million in revenue, up from USD 210.4 million in the prior-year quarter. Net income attributable to Photronics shareholders increased to USD 28.9 million from USD 22.9 million, while diluted EPS rose to USD 0.49 from USD 0.39.

The comparison points to stronger earnings conversion despite cost pressure. For the first nine months of fiscal 2026, gross margin narrowed to 33.2 percent from 35.4 percent, while net income rose to USD 103.3 million from USD 74.6 million, according to StockTitan.

Consensus target stays well above price

MarketBeat lists six analysts behind a Moderate Buy consensus, with an average price target of USD 49.33. The published target range runs from USD 45.00 to USD 55.00, putting the average target 63.8 percent above the October 7 price of USD 30.11.

That valuation gap meets a more cautious operating signal. In its August 27, 2026 review, Zacks reported fiscal Q4 revenue guidance of USD 207 million to USD 227 million and non-GAAP EPS guidance of USD 0.40 to USD 0.56. Management also cited limited visibility and delivery timing as reasons for the wider ranges.

October 13 summit is next checkpoint

Photronics announced on September 30, 2026 that it would participate in the 18th Annual CEO Investor Summit on October 13, according to the company's investor-relations page. The event gives investors a scheduled point to assess capacity expansion and demand for high-end photomasks.

Photronics stock remains below its yearly high

Photronics stock closed at USD 30.11 on Nasdaq on October 7, 2026, with volume of 601,653 shares and a market capitalization of USD 1.8 billion. The next market read centers on whether rising earnings can offset the 33.2 percent gross margin reported for the first nine months.