The Latest Breaking News from Photronics

While the tech sector has been battered in 2025, declining share prices do open up value opportunities for some stocks in the space.

The semiconductor industry’s outlook for 2024 appears optimistic due to resurgent market demand and government funding and other incentives. Given the industry’s tailwinds, it could be wise to buy quality chip stocks Photronics (PLAB), United Microelectronics (UMC), and Applied Materials (AMAT) for substantial gains. Continue reading….

Investors’ sentiment has been deteriorating in the semiconductor sector amid the lingering supply chain issues and slowing demand. However, Federal initiatives and continued digitization and automation brighten the industry’s long-term prospects. Therefore, investors could consider buying quality chip stocks Taiwan Semiconductor (TSM), Applied Materials (AMAT), MaxLinear (MXL), Axcelis (ACLS), and…

Semiconductor industry continues to struggle with supply chain issues. However, despite such challenges, semiconductor sales increased year-over-year in July. Moreover, given the solid long-term prospects of the industry, it could be wise to add quality semiconductor stocks Broadcom (AVGO), QUALCOMM (QCOM), Micron Technology (MU), and Photronics (PLAB) to your portfolio.…

Photronics, Inc (NASDAQ:PLAB) reported second-quarter FY22 revenue growth of 28% year-on-year to $204.5 million, beating the consensus of $192.4 million. Segments: Integrated circuit (IC) revenue grew 30% Y/Y to $145.8 million. Flat-panel display (FPD) revenue increased 23% Y/Y to $58.7 million. Margin: The gross margin expanded by 1,140 bps to 36%. The operating margin expanded…

  Photronics (NASDAQ:PLAB) reported its Q2 earnings results on Wednesday, May 25, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

Photronics (NASDAQ:PLAB) is set to give its latest quarterly earnings report on Wednesday, 2022-05-25. Here's what investors need to know before the announcement. Analysts estimate that Photronics will report an earnings per share (EPS) of $0.35.

Stifel upgraded its rating of Photronics (NASDAQ:PLAB) to Buy with a price target of $21.00, changing its price target from $19.00 to $21.00. Shares of Photronics are trading up 4.48% over the last 24 hours, at $15.16 per share.

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