Photronics, Inc. (PLAB) Stock Analysis
Technology · Semiconductor Equipment & Materials
Sell if holding. Momentum 1.8/10 is below the 5.0 floor at $30.75 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Concentration risk — Customer: five largest customers (50.0%); Concentration risk — Geographic: non-U.S. operations (82.0%).
Photronics manufactures photomasks—high-precision photographic plates used to transfer circuit patterns in semiconductor and flat panel display fabrication—from eleven facilities across Taiwan, China, South Korea, the U.S., and Europe. Revenue comes from selling photomasks... Read more
Sell if holding. Momentum 1.8/10 is below the 5.0 floor at $30.75 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Concentration risk — Customer: five largest customers (50.0%); Concentration risk — Geographic: non-U.S. operations (82.0%). Chart setup: No clear chart pattern; technical signals are mixed. Score 5.7/10, moderate confidence.
Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 78d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: aggressive.
Recent developments
updated 2026-06-09Recent Developments — Photronics, Inc.
Latest news
- NEWS Photronics and Lam Research Shares Are Soaring, What You Need To Know - StockStory — StockStory positive
- NEWS Photronics (PLAB) To Report Earnings Tomorrow: Here Is What To Expect - Yahoo Finance — Yahoo Finance neutral
- NEWS Photronics (PLAB) To Report Earnings Tomorrow: Here Is What To Expect - TradingView — TradingView neutral
- NEWS Photronics, IPG Photonics, AMD, KLA Corporation, and MACOM Stocks Trade Up, What You Need To Know - The Globe and Mail — The Globe and Mail positive
- NEWS Photronics, Inc.: Positive Tailwind, But Valuation Is Stretched (NASDAQ:PLAB) - Seeking Alpha — Seeking Alpha negative
Generated 2026-06-09T22:11:40Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCustomerfive largest customers50%10-K Item 1A: 'Our five largest customers accounted for an aggregate of 50%, 50% and 51% of our revenue in 2025, 2024 and 2023, respectively'
- MEDIUMCustomerCustomer A16%10-K Item 1: 'For fiscal year 2025, Customer A, B and C accounted for approximately 16%, 13% and 8%, of consolidated revenue, respectively'
- HIGHGeographicnon-U.S. operations82%10-K Item 1A: 'Revenues from our non-U.S. operations were approximately 82%, 83% and 86% of our total revenues in 2025, 2024 and 2023, respectively'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
1 floor-breaker·1 ceiling hit
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Momentum 1.8/10 is below the 5.0 floor at $30.75 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Concentration risk — Customer: five largest customers (50.0%); Concentration risk — Geographic: non-U.S. operations (82.0%). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $28.00. Score 5.7/10, moderate confidence.
Take-profit target: $36.55 (+22.0% upside). Prior stop was $28.00. Stop-loss: $28.00.
Concentration risk — Customer: five largest customers (50.0%); Concentration risk — Geographic: non-U.S. operations (82.0%); Sector modifier (Technology): -0.8.
Photronics, Inc. trades at a P/E of 11.1 (forward 14.8). TrendMatrix value score: 8.9/10. Verdict: Sell.
9 analysts cover PLAB with a consensus score of 4.2/5. Average price target: $43.
What does Photronics, Inc. do?Photronics manufactures photomasks—high-precision photographic plates used to transfer circuit patterns in...
Photronics manufactures photomasks—high-precision photographic plates used to transfer circuit patterns in semiconductor and flat panel display fabrication—from eleven facilities across Taiwan, China, South Korea, the U.S., and Europe. Revenue comes from selling photomasks directly to semiconductor and FPD manufacturers; approximately 636 customers were served in fiscal 2025 with approximately 82% of revenues from non-U.S. operations.