12 Month Price Forecast For PLAB
Distance to PLAB Price Forecasts
PLAB Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 22, 2025 9:19 PM UTC
PLAB Analyst Ratings & Price Targets
Based on our analysis of 4 Wall Street analysts, PLAB has a consensus that is bullish. The median price target is $35.00, with forecasts ranging from $35.00 to $35.00. Currently, there are 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings.
With PLAB currently trading at $24.10, the median price forecast suggests a 45.2% upside. The most optimistic forecast comes from Thomas Diffely at DA Davidson, projecting a 45.2% upside, while Thomas Diffely at DA Davidson provides the most conservative target, suggesting a 45.2% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
PLAB Analyst Consensus
PLAB Price Target Range
Latest PLAB Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for PLAB.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Dec 12, 2024 | DA Davidson | Thomas Diffely | Buy | Maintains | $35.00 |
| May 25, 2023 | Northland Capital Markets | Gus Richard | Market Perform | Maintains | $21.00 |
| May 22, 2023 | Northland Capital Markets | Gus Richard | Market Perform | Downgrade | $0.00 |
| Apr 17, 2023 | Northland Capital Markets | Gus Richard | Outperform | Maintains | $18.00 |
| Aug 31, 2022 | DA Davidson | Thomas Diffely | Buy | Maintains | $28.00 |
| May 26, 2022 | Northland Capital Markets | Gus Richard | Outperform | Maintains | $26.00 |
| May 26, 2022 | DA Davidson | Thomas Diffely | Buy | Maintains | $30.00 |
| Apr 11, 2022 | Stifel | Patrick Ho | Buy | Upgrade | $21.00 |
| Feb 25, 2021 | Stifel | Hold | Downgrade | $0.00 | |
| Sep 11, 2020 | Stifel | Buy | Upgrade | $0.00 | |
| Jun 22, 2020 | Stifel | Patrick Ho | Hold | Downgrade | $13.00 |
| Feb 10, 2020 | Stifel Nicolaus | Buy | Upgrade | $0.00 | |
| Feb 10, 2020 | Stifel | Patrick Ho | Buy | Upgrade | $16.00 |
| May 23, 2018 | Stifel Nicolaus | Hold | Maintains | $0.00 | |
| May 23, 2018 | Stifel | Patrick Ho | Hold | Maintains | $10.00 |
| Nov 11, 2016 | Stifel | Hold | Downgrade | $8.50 | |
| Nov 11, 2016 | Needham | Hold | Downgrade | $0.00 | |
| Nov 11, 2016 | Stifel Nicolaus | Hold | Downgrade | $0.00 | |
| Aug 19, 2016 | UBS | Buy | Maintains | $11.50 | |
| Oct 1, 2015 | RBC Capital | Buy | Initiates | $0.00 |
Stocks Similar to Photronics Inc
The following stocks are similar to Photronics based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Photronics Inc (PLAB) Financial Data
Photronics Inc has a market capitalization of $1.53B with a P/E ratio of 11.5x. The company generates $871.79M in trailing twelve-month revenue with a 16.2% profit margin.
Revenue growth is -5.9% quarter-over-quarter, while maintaining an operating margin of +24.7% and return on equity of +15.5%.
Valuation Metrics
Growth & Margins
Financial Health
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Photronics Inc (PLAB) Company Overview
About Photronics Inc
Manufactures and sells photomask products.
The company generates revenue by producing and selling photomasks, which are essential in the manufacturing processes of integrated circuits and flat panel displays. It targets semiconductor and FPD manufacturers, designers, and foundries, leveraging a direct sales force and customer service representatives to reach its clients globally.
Photronics, Inc. has a significant international presence, serving markets in the United States, Taiwan, China, Korea, and Europe. Originally founded as Photronic Labs, Inc. in 1969, it rebranded to its current name in 1990. The company is headquartered in Brookfield, Connecticut.
Company Information
Sector
Technology
Industry
Semiconductor Equipment & Materials
Employees
1,885
CEO
Dr. KangJyh Lee Ph.D.
Country
United States
IPO Year
1990
Website
www.photronics.comPhotronics Inc (PLAB) Latest News & Analysis
PLAB is positioned as a strong value stock due to increasing demand for its chips in AI, IoT, 5G, and consumer markets.
PLAB's growing demand in AI, IoT, and 5G indicates potential revenue growth, making it a compelling opportunity for value investors seeking profitable sectors.
Photronics Appoints Executive Chairman
12 days agoPhotronics, Inc. (Nasdaq: PLAB) appointed George Macricostas as Executive Chairman, effective January 6, 2025.
The appointment of a new Executive Chairman can signal potential strategic shifts, impacting company direction and stock performance, which is crucial for investor sentiment and valuation.
Photronics, Inc. (Nasdaq:PLAB) will present at the 27th Annual Needham Growth Conference on January 14, 2025, at 4:30 p.m. ET. The presentation will be available via webcast on their website.
Photronics' presentation at a major conference highlights its growth potential and visibility in the market, influencing investor sentiment and stock performance.
Companies PLAB, DXPE, CLMB, and GPRK are noted for their rising cash flows, indicating strength and flexibility, making them potential buy candidates for investors.
Rising cash flows signal financial health and operational efficiency, making PLAB, DXPE, CLMB, and GPRK attractive investment opportunities.
PLAB faces challenges from a sluggish semiconductor sector, but increasing demand for its high-end ICs and attractive valuation suggest it may be a good buying opportunity.
PLAB's cheap valuation alongside rising demand for high-end ICs suggests potential upside, attracting investors despite current industry challenges.
Photronics: A Hidden AI Growth Gem
27 days agoPhotronics Q4-FY24 sales reached $223M, exceeding guidance, with 5% IC and 7% FPD growth. The stock shows 40% upside potential; 2025 CapEx of $200M targets U.S. expansion and advanced tech.
Photronics' strong Q4 sales and growth in key sectors indicate robust demand, while significant upside potential and strategic CapEx signal long-term value and competitive positioning.
Frequently Asked Questions About PLAB Stock
What is Photronics Inc's (PLAB) stock forecast for 2025?
Based on our analysis of 4 Wall Street analysts, Photronics Inc (PLAB) has a median price target of $35.00. The highest price target is $35.00 and the lowest is $35.00.
Is PLAB stock a good investment in 2025?
According to current analyst ratings, PLAB has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $24.10. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for PLAB stock?
Wall Street analysts predict PLAB stock could reach $35.00 in the next 12 months. This represents a 45.2% increase from the current price of $24.10. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Photronics Inc's business model?
The company generates revenue by producing and selling photomasks, which are essential in the manufacturing processes of integrated circuits and flat panel displays. It targets semiconductor and FPD manufacturers, designers, and foundries, leveraging a direct sales force and customer service representatives to reach its clients globally.
What is the highest forecasted price for PLAB Photronics Inc?
The highest price target for PLAB is $35.00 from Thomas Diffely at DA Davidson, which represents a 45.2% increase from the current price of $24.10.
What is the lowest forecasted price for PLAB Photronics Inc?
The lowest price target for PLAB is $35.00 from Thomas Diffely at DA Davidson, which represents a 45.2% increase from the current price of $24.10.
What is the overall PLAB consensus from analysts for Photronics Inc?
The overall analyst consensus for PLAB is bullish. Out of 4 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $35.00.
How accurate are PLAB stock price projections?
Stock price projections, including those for Photronics Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
