Photronics (PLAB) Set to Report Q2 Earnings as Stock Trades Above Analyst Targets

Photronics (NASDAQ:PLAB) will report fiscal second-quarter results on May 28, 2026, with analysts projecting revenue growth to reverse a prior-year decline. The semiconductor photomask manufacturer faces expectations of a 2.4% year-over-year revenue increase, compared with a 2.8% drop in the same quarter last year. Last quarter, Photronics posted better-than-expected revenue of $225.1 million, a 6.1% gain, and beat estimates on both earnings per share and adjusted operating income. However, the company has missed Wall Street revenue forecasts multiple times over the past two years. Peers in semiconductor manufacturing have delivered strong results. Kulicke and Soffa reported 49.8% revenue growth, beating expectations by 5.5%, while Semtech grew revenue 15.9% and topped estimates by 2.6%. The segment’s shares have risen 27.9% on average over the past month, outpacing Photronics’ 6.7% gain. With an average analyst price target of $51.50, the stock enters earnings trading above that level at $54.85.