Update shared on29 Aug 2025
Fair value Increased 6.45%The upward revision in Photronics’ price target primarily reflects stronger expected revenue growth and a significant decrease in the forward P/E multiple, resulting in the consensus fair value rising from $31.00 to $33.00.
What's in the News
- Increased equity buyback authorization by $25 million to a total of $193.64 million.
- Repurchased 1,180,000 shares for $20.7 million, totaling 12,649,278 shares (20.43%) repurchased for $165.96 million under the ongoing buyback program.
- Issued Q4 fiscal 2025 revenue guidance of $201 million to $209 million.
- Installed new multi-beam tool at Boise, Idaho facility to expand technological capabilities.
- Dropped from multiple Russell indices, including the 2000, 2500, and 3000 Growth benchmarks.
Valuation Changes
Summary of Valuation Changes for Photronics
- The Consensus Analyst Price Target has risen from $31.00 to $33.00.
- The Consensus Revenue Growth forecasts for Photronics has significantly risen from 1.8% per annum to 3.5% per annum.
- The Future P/E for Photronics has significantly fallen from 18.92x to 15.39x.
Disclaimer
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