$PLAB

Photronics (PLAB) will report earnings tomorrow. Last quarter, it missed revenue estimates with $209.9M, flat year-on-year, and guidance missed expectations. Analysts expect flat revenue this quarter. Peers Kulicke and Soffa (KLIC) and FormFactor (FORM) reported mixed results. PLAB's stock is unchanged in the last month, with an average price target of $42.33.

Photronics (PLAB) faces a securities lawsuit alleging misleading growth projections and undisclosed production issues, following weaker Q2 2026 results. The stock has declined 39.9% over 90 days but has a 1-year return of 48.7%. Analysts debate its valuation, with some seeing it as 28.6% undervalued at $30.70, while a DCF model suggests it's overvalued at $21.82.

Levi & Korsinsky says a class action was filed against Photronics, Inc. (NASDAQ: PLAB) for investors who bought shares between Dec. 10, 2025 and May 27, 2026. The firm links PLAB’s May 28 drop from $53.51 to $34.02 to Q2 results: $209.9M revenue, IC revenue down 11% sequentially, and weaker guidance. Lead plaintiff deadline is Sept. 4, 2026.

Photronics (NASDAQ: PLAB) shares fell $19.49 (36%) on May 28, 2026 after Q2 2026 results showed declines in revenue (-6.7%), IC revenue (-11%), operating margins (-17.6%), GAAP net income (-26.8%) and non-GAAP net income (-30%). Hagens Berman opened an investigation, alleging possible misleading accounting after a Dec. 10, 2025 tax allowance reversal boosted non-GAAP EPS.

After the Nasdaq rebounded 1.8% and Treasury yields eased, several semiconductor stocks rose in the afternoon. The article links the move to lower rate pressure after Trump’s Iran peace-deal announcement and a drop in the 10-year yield to 4.47%. Penguin Solutions rose 8.2%, onsemi 4.1%, and Photronics 4.4%.

Semtech (SMTC) rose 5.9%, Lam Research (LRCX) gained 8.3%, and Photronics (PLAB) jumped 5.1% after a prior-day semiconductor selloff eased, according to the article. It cited Nvidia CEO Jensen Huang’s comments that the drop offered a “buy at a discount” and that AI is still early. The piece also notes Lam Research is up 77.6% YTD at $328.70, near its 52-week high.

After Jensen Huang’s GTC Taipei keynote at Computex, Applied Materials and Photronics rose in afternoon trading, up 5.8% and 3.9%, respectively. Nvidia, according to the article, said its “Vera Rubin” platform is in full production and highlighted RTX Spark, an Arm-based AI PC chip co-developed with MediaTek, launching later this year. The piece links equipment demand to AI data-center and PC buildouts.

US Q1 GDP was revised to +1.6% (q/q annualized) from +2.0% expected; Q1 personal consumption was cut to +1.4%, while core PCE rose to a 3-year high of +4.4%. Apr new home sales fell 6.2% m/m to 622k. Stocks rebounded after Axios reported a preliminary US-Iran deal to extend the ceasefire 60 days and begin nuclear talks. Fed hawkishness weighed; markets priced a 3% chance of a 25 bp June cut.

Photronics shares fell 37.5% this week, according to S&P Global Market Intelligence, after the photomask maker reported disappointing second-quarter results. The company said revenue declined 6.7% sequentially and 0.5% year over year. Despite profitability (net income $31.4 million), investors reacted, pushing the stock to about a 12 P/E.

Photronics (PLAB) shares fell 34.9% after the company reported Q1 results that missed analysts: adjusted EPS was $0.42 vs $0.53 consensus, and revenue was $209.9M vs $216M. Q3 guidance called for EPS of $0.39–$0.45 and revenue $207–$215M, below estimates, citing delayed customer design starts and limited near-term visibility.