Photronics Inc. (PLAB)
Is Photronics (PLAB) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Photronics (PLAB) Recently Broke Out Above the 20-Day Moving Average
Photronics (PLAB) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PLAB broke through the 20-day moving average, which suggests a short-term bullish trend.
Photronics: Growth Ahead At A Deeply Reasonable Price
Despite the current semiconductor industry downturn, Photronics maintains a profitable, free cash flow generating business. I expect Photronics to return to growth in FY 2026 with an industry rebound likely to occur in late CY 2025 or early CY 2026. Photronics is likely to be a direct beneficiary of Tesla's $16.5 billion deal with Samsung for the production of AI6 chips, since Samsung is its second largest customer.
Photronics: AI Tailwinds & A Cheap Stock
The U.S. GDP grew 3% in the second quarter of 2025, which exceeded expectations. However, tariff uncertainty clouds the headline growth figure.
Photronics (PLAB) "Overlooked" A.I. Beneficiary: What Wall Street is Missing
Photronics (PLAB) is a legacy tech company that David Trainer says has gone completely unnoticed by Wall Street for what he considers as a key role in the A.I. space. He points out its photomask development as critical to building chips.
Photronics Inc. (PLAB) Q2 2025 Earnings Call Transcript
Photronics Inc. (NASDAQ:PLAB ) Q2 2025 Earnings Conference Call May 28, 2025 8:30 AM ET Company Participants Ted Moreau - Vice President of Investor Relations Frank Lee - Chief Executive Officer George Macricostas - Chairman and Chief Executive Officer Eric Rivera - Chief Financial Officer Christopher Progler - Executive Vice President, Chief Technology Officer, Strategic Planning Conference Call Participants Thomas Diffely - D.A. Davidson & Co. Gowshi Sriharan - Singular Research Operator Good day and thank you for standing by.
Photronics: AI-Driven Photomask Upside; Initiate Strong Buy
We rate Photronics a 'Strong Buy' with a $32 PT, driven by above-consensus FY25/26 EPS and accelerating high-end photomask demand. The market underestimates PLAB's earnings leverage from AI, advanced packaging, and a $200M capex plan that will drive incremental growth in late FY25/FY26. A structural mix shift to high-end photomasks (now 39% of IC revenue) is expanding margins and defending against cyclical and competitive pressures.
Photronics: Valuation Increasingly Attractive Despite Delayed Recovery Amidst Tariff Chaos
Down -25% YTD, PLAB is currently testing the $18 resistance level amidst global tariff and geopolitical uncertainties. The direct impact of tariffs should be very limited for Photronics, and tariffs could even create a competitive edge for the company in the US market. However, tariffs may slow down consumer electronics demand and industry investments in next-gen designs, likely reducing photomask demand near-term.
Photronics, Inc. (PLAB) Q1 2025 Earnings Call Transcript
Photronics, Inc. (PLAB) Q1 2025 Earnings Call Transcript
Should You Buy, Sell or Hold Photronics Stock Before Q1 Earnings?
PLAB's first-quarter fiscal 2025 performance is likely to have reflected strength in the Integrated Circuit and Flat Panel Display segments.
Photronics at 10.6X P/E is Trading Dirt Cheap: Right Time to Buy?
PLAB is an attractive stock for value-oriented investors, given the growing demand for its chips in AI, IoT, 5G and consumer products.
Photronics Plunges 25% in a Year: Is the Stock a Buy on the Dip?
PLAB has been suffering from sluggish semiconductor industry trends. However, growing demand for its high-end ICs and cheap valuation make the stock a buy.
