What Does Wall Street Think About Photronics, (PLAB)?

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.

While we acknowledge the potential of PLAB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PLAB and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.