10 Best Small Cap Tech Stocks to Buy Right Now

5. Photronics, Inc. (NASDAQ:PLAB)

Market Capitalization: $1.364 billion

Analyst Upside Potential: 39.61%

Number of Hedge Fund Holders: 25

Photronics, Inc. (NASDAQ:PLAB) is one of the Best Small Cap Tech Stocks To Buy Right Now. Photronics, Inc. (NASDAQ:PLAB) released its fiscal third quarter 2025 results on August 27. The company exceeded Wall Street estimates for both revenue and EPS. The revenue of $210.39 million topped the consensus by $6.09 million, while the EPS of $0.51 was $0.13 higher.

Management noted that they generated a strong cash flow of $50.1 million and invested $24.8 million in growth. Looking ahead, the next quarter’s revenue is expected to be between $201 million and $209 million, with non-GAAP earnings per share projected at $0.42 to $0.48.

Following the earnings release, on August 28, Thomas Diffely from D.A. Davidson reiterated a Buy rating on Photronics, Inc. (NASDAQ:PLAB) with a price target of $30. Moreover, Craig-Hallum also reiterated a Buy rating on the stock the same day with a price target of $36.

Photronics, Inc. (NASDAQ:PLAB) makes photomasks, which are precise plates used to transfer circuit patterns onto semiconductor chips and flat panel displays.