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Photronics gains after Q3 revenue and earnings beat expectations

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Photronics (PLAB) is up 6.5% today. Here is some analysis on what might have caused this price movement. ([benzinga.com](https://www.benzinga.com/markets/earnings/26/08/61430202/why-is-photronics-stock-soaring-wednesday))

Analysis: The most likely driver is a stronger-than-expected fiscal third-quarter report, with revenue and earnings coming in ahead of expectations. Investors also appear to be responding to signs of improving demand in higher-end chip masks, the recovery of delayed semiconductor design releases, and a solid fourth-quarter outlook. ([zacks.com](https://www.zacks.com/stock/news/2980156/photronics-plab-surpasses-q3-earnings-and-revenue-estimates?utm_source=openai))

Details:

  • Fiscal third-quarter revenue was about $216 million, up roughly 3% from a year earlier and above both management’s prior guidance range and analyst expectations. ([benzinga.com](https://www.benzinga.com/markets/earnings/26/08/61430202/why-is-photronics-stock-soaring-wednesday))
  • Adjusted earnings were $0.50 per share, ahead of the $0.40 consensus figure, while GAAP diluted EPS was $0.49. ([benzinga.com](https://www.benzinga.com/markets/earnings/26/08/61430202/why-is-photronics-stock-soaring-wednesday))
  • Management said some semiconductor design releases that had been delayed in the prior quarter returned in Q3, helping revenue and margins recover. ([benzinga.com](https://www.benzinga.com/markets/earnings/26/08/61430202/why-is-photronics-stock-soaring-wednesday))
  • High-end integrated-circuit products reached a record 44% of IC revenue, and the company guided Q4 revenue to roughly $207 million to $227 million, suggesting demand has stayed resilient. ([benzinga.com](https://www.benzinga.com/markets/earnings/26/08/61430202/why-is-photronics-stock-soaring-wednesday))
  • Sources:

    Photronics, SEC, Zacks, Benzinga, Investing.com

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $PLAB Insider Trading Activity

    PLAB Insider Trades

    $PLAB insiders have traded $PLAB stock on the open market 27 times in the past 6 months. Of those trades, 0 have been purchases and 27 have been sales.

    Here’s a breakdown of recent trading of $PLAB stock by insiders over the last 6 months:

    • GEORGE MACRICOSTAS (CEO) has made 0 purchases and 3 sales selling 121,194 shares for an estimated $5,203,717.
    • KANG JYH LEE has made 0 purchases and 11 sales selling 80,000 shares for an estimated $3,395,500.
    • CONSTANTINE S MACRICOSTAS sold 50,000 shares for an estimated $2,267,500
    • HSUEH-CHUN WANG (SVP/COO IC & US/EU Mnstrm Ops) has made 0 purchases and 6 sales selling 51,125 shares for an estimated $2,245,224.
    • ERIC RIVERA (President, CFO) has made 0 purchases and 3 sales selling 42,517 shares for an estimated $1,871,518.
    • MITCHELL G TYSON sold 10,000 shares for an estimated $423,100
    • RUI ZHANG (VP, CAO & Corporate Controller) has made 0 purchases and 2 sales selling 6,308 shares for an estimated $288,977.

    To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

    $PLAB Hedge Fund Activity

    We have seen 168 institutional investors add shares of $PLAB stock to their portfolio, and 223 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

    $PLAB Price Targets

    Multiple analysts have issued price targets for $PLAB recently. We have seen 2 analysts offer price targets for $PLAB in the last 6 months, with a median target of $43.5.

    Here are some recent targets:

    • Danial Yermakhan from Freedom Broker set a target price of $41.0 on 07/02/2026
    • Maxwell Michaelis from Lake Street set a target price of $46.0 on 03/20/2026

    This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

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