Photronics (PLAB)
Market Price (2/16/2026): $38.78 | Market Cap: $2.2 BilSector: Information Technology | Industry: Semiconductor Materials & Equipment
Photronics (PLAB)
Market Price (2/16/2026): $38.78Market Cap: $2.2 BilSector: Information TechnologyIndustry: Semiconductor Materials & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.1% | Trading close to highsDist 52W High is -2.2%, Dist 3Y High is -2.2% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.0%, Rev Chg QQuarterly Revenue Change % is -3.1% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -26% | Weak multi-year price returns2Y Excs Rtn is -17% | Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 69% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 25% | Key risksPLAB key risks include [1] a significant increase in capital expenditure projected for 2026, Show more. | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29% | ||
| Megatrend and thematic driversMegatrends include Artificial Intelligence, Electric Vehicles & Autonomous Driving, and 5G & Advanced Connectivity. Themes include AI Chips, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.1% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -26% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 25% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, Electric Vehicles & Autonomous Driving, and 5G & Advanced Connectivity. Themes include AI Chips, Show more. |
| Trading close to highsDist 52W High is -2.2%, Dist 3Y High is -2.2% |
| Weak multi-year price returns2Y Excs Rtn is -17% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.0%, Rev Chg QQuarterly Revenue Change % is -3.1% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 69% |
| Key risksPLAB key risks include [1] a significant increase in capital expenditure projected for 2026, Show more. |
Qualitative Assessment
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Photronics (PLAB) stock has gained about 60% since 10/31/2025 because of the following key factors:
1. Photronics exceeded Q4 Fiscal 2025 earnings expectations and provided an optimistic outlook for Q1 Fiscal 2026.The company reported Q4 2025 earnings on December 10, 2025, with an earnings per share (EPS) of $0.60, significantly beating the Zacks Consensus Estimate of $0.47 by 27.66%. Revenue also surpassed analyst projections, reaching $215.8 million against an anticipated $204.54 million to $205.19 million. Furthermore, Photronics issued an optimistic guidance for Q1 fiscal 2026, projecting revenue between $217 million and $225 million and non-GAAP EPS between $0.51 and $0.59, both exceeding consensus estimates. This strong financial performance and positive forecast led to a substantial increase in the stock price, with an intraday surge of up to 45.39% following the announcement.
2. Strong demand in high-end markets, particularly AI and data centers, fueled performance and strategic investments.The robust performance was significantly driven by strong demand within high-end markets, notably those related to Artificial Intelligence (AI) and data centers. Photronics emphasized strategic expansions in the United States and Korea, alongside investments in capability extensions in Korea, to diversify its geographic revenue mix and increase its exposure to advanced chip designs. The company's management highlighted a focus on high-end opportunities as a key driver for revenue growth. Significant capital expenditures, including an increase to $188 million from $130 million in the previous year, are being directed towards keeping pace with the demand for AI-related photomasks and advanced nodes such as leading-edge DRAM and AI packaging masks.
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1. Photronics exceeded Q4 Fiscal 2025 earnings expectations and provided an optimistic outlook for Q1 Fiscal 2026.The company reported Q4 2025 earnings on December 10, 2025, with an earnings per share (EPS) of $0.60, significantly beating the Zacks Consensus Estimate of $0.47 by 27.66%. Revenue also surpassed analyst projections, reaching $215.8 million against an anticipated $204.54 million to $205.19 million. Furthermore, Photronics issued an optimistic guidance for Q1 fiscal 2026, projecting revenue between $217 million and $225 million and non-GAAP EPS between $0.51 and $0.59, both exceeding consensus estimates. This strong financial performance and positive forecast led to a substantial increase in the stock price, with an intraday surge of up to 45.39% following the announcement.
2. Strong demand in high-end markets, particularly AI and data centers, fueled performance and strategic investments.The robust performance was significantly driven by strong demand within high-end markets, notably those related to Artificial Intelligence (AI) and data centers. Photronics emphasized strategic expansions in the United States and Korea, alongside investments in capability extensions in Korea, to diversify its geographic revenue mix and increase its exposure to advanced chip designs. The company's management highlighted a focus on high-end opportunities as a key driver for revenue growth. Significant capital expenditures, including an increase to $188 million from $130 million in the previous year, are being directed towards keeping pace with the demand for AI-related photomasks and advanced nodes such as leading-edge DRAM and AI packaging masks.
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Stock Movement Drivers
Fundamental Drivers
The 62.3% change in PLAB stock from 10/31/2025 to 2/15/2026 was primarily driven by a 28.4% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 23.90 | 38.80 | 62.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 856 | 849 | -0.8% |
| Net Income Margin (%) | 12.7% | 16.1% | 26.8% |
| P/E Multiple | 12.8 | 16.4 | 28.4% |
| Shares Outstanding (Mil) | 58 | 58 | 0.6% |
| Cumulative Contribution | 62.3% |
Market Drivers
10/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| PLAB | 62.3% | |
| Market (SPY) | -0.0% | 41.3% |
| Sector (XLK) | -7.2% | 39.6% |
Fundamental Drivers
The 90.6% change in PLAB stock from 7/31/2025 to 2/15/2026 was primarily driven by a 58.8% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 20.36 | 38.80 | 90.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 857 | 849 | -0.9% |
| Net Income Margin (%) | 14.0% | 16.1% | 14.7% |
| P/E Multiple | 10.3 | 16.4 | 58.8% |
| Shares Outstanding (Mil) | 61 | 58 | 5.5% |
| Cumulative Contribution | 90.6% |
Market Drivers
7/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| PLAB | 90.6% | |
| Market (SPY) | 8.2% | 44.7% |
| Sector (XLK) | 6.4% | 43.6% |
Fundamental Drivers
The 68.8% change in PLAB stock from 1/31/2025 to 2/15/2026 was primarily driven by a 50.6% change in the company's P/E Multiple.| (LTM values as of) | 1312025 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 22.99 | 38.80 | 68.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 867 | 849 | -2.0% |
| Net Income Margin (%) | 15.1% | 16.1% | 6.5% |
| P/E Multiple | 10.9 | 16.4 | 50.6% |
| Shares Outstanding (Mil) | 62 | 58 | 7.4% |
| Cumulative Contribution | 68.8% |
Market Drivers
1/31/2025 to 2/15/2026| Return | Correlation | |
|---|---|---|
| PLAB | 68.8% | |
| Market (SPY) | 14.3% | 48.8% |
| Sector (XLK) | 21.5% | 50.7% |
Fundamental Drivers
The 114.1% change in PLAB stock from 1/31/2023 to 2/15/2026 was primarily driven by a 76.7% change in the company's P/E Multiple.| (LTM values as of) | 1312023 | 2152026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.12 | 38.80 | 114.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 825 | 849 | 3.0% |
| Net Income Margin (%) | 14.4% | 16.1% | 11.5% |
| P/E Multiple | 9.3 | 16.4 | 76.7% |
| Shares Outstanding (Mil) | 61 | 58 | 5.5% |
| Cumulative Contribution | 114.1% |
Market Drivers
1/31/2023 to 2/15/2026| Return | Correlation | |
|---|---|---|
| PLAB | 114.1% | |
| Market (SPY) | 74.0% | 52.8% |
| Sector (XLK) | 109.5% | 54.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PLAB Return | 69% | -11% | 86% | -25% | 36% | 17% | 234% |
| Peers Return | 48% | -37% | 60% | 1% | 48% | 37% | 204% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 82% |
Monthly Win Rates [3] | |||||||
| PLAB Win Rate | 58% | 42% | 50% | 25% | 50% | 100% | |
| Peers Win Rate | 65% | 32% | 65% | 47% | 60% | 100% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| PLAB Max Drawdown | -2% | -25% | -16% | -34% | -29% | -2% | |
| Peers Max Drawdown | -6% | -51% | -7% | -9% | -31% | 0% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: AMAT, KLAC, VECO, FORM, MKSI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/13/2026 (YTD)
How Low Can It Go
| Event | PLAB | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -45.0% | -25.4% |
| % Gain to Breakeven | 81.8% | 34.1% |
| Time to Breakeven | 65 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -45.6% | -33.9% |
| % Gain to Breakeven | 83.9% | 51.3% |
| Time to Breakeven | 630 days | 148 days |
| 2018 Correction | ||
| % Loss | -37.1% | -19.8% |
| % Gain to Breakeven | 59.1% | 24.7% |
| Time to Breakeven | 624 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -97.9% | -56.8% |
| % Gain to Breakeven | 4720.0% | 131.3% |
| Time to Breakeven | 4,761 days | 1,480 days |
Compare to AMAT, KLAC, VECO, FORM, MKSI
In The Past
Photronics's stock fell -45.0% during the 2022 Inflation Shock from a high on 8/12/2022. A -45.0% loss requires a 81.8% gain to breakeven.
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About Photronics (PLAB)
Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, Korea, Europe, China, and internationally. The company offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, FDP substrates, and other types of electrical and optical components. It sells its products to semiconductor and FPD manufacturers, designers, and foundries, as well as to other high-performance electronics manufacturers through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.
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Here are 1-2 brief analogies for Photronics (PLAB):
- Photronics is like the **Corning (GLW) of the chip and display world**, providing the essential, ultra-precise patterned 'stencils' (photomasks) needed to manufacture every microchip and flat panel display.
- Think of Photronics as the **Coherent (COHR) for semiconductor and display manufacturing**, supplying the highly specialized 'master templates' (photomasks) that enable the mass production of electronic circuits.
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Photronics (PLAB) Major Products:
- Photomasks for Integrated Circuits (ICs): High-precision quartz plates that serve as master templates for printing microscopic circuit patterns onto silicon wafers during semiconductor manufacturing.
- Photomasks for Flat Panel Displays (FPDs): Large-format photomasks used as master templates to create circuit patterns for various flat panel displays, including LCDs and OLEDs.
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Photronics (PLAB) primarily sells its products to other companies (B2B).
Based on its annual reports (10-K filings), Photronics states that no single customer accounted for 10% or more of its total revenue in fiscal years 2023, 2022, or 2021. As such, the company does not publicly disclose the specific names of its major customers.
However, Photronics' business description indicates that its customers are predominantly manufacturers within the semiconductor and flat panel display industries. These customers fall into the following categories:
- Integrated Device Manufacturers (IDMs): Companies that design and manufacture their own semiconductors. Examples of leading public companies in this category include:
- Intel (Symbol: INTC)
- Micron Technology (Symbol: MU)
- Texas Instruments (Symbol: TXN)
- Samsung (Symbol: 005930.KS - also has a foundry and display division)
- SK Hynix (Symbol: 000660.KS)
- Semiconductor Foundries: Companies that specialize in manufacturing semiconductors for other companies based on their designs. Examples of leading public companies in this category include:
- Taiwan Semiconductor Manufacturing Company (TSMC) (Symbol: TSM)
- GlobalFoundries (Symbol: GFS)
- United Microelectronics Corporation (UMC) (Symbol: UMC)
- Flat Panel Display Manufacturers: Companies that produce various types of flat panel displays (e.g., LCD, OLED). Examples of leading public companies in this category include:
- LG Display (Symbol: LPL)
- BOE Technology Group (Symbol: 000725.SZ)
- Innolux Corporation (Symbol: 3481.TW)
- AU Optronics (Symbol: AUO)
These examples illustrate the types of companies that would be Photronics' customers, rather than specific, confirmed major customers whose names are not disclosed by Photronics itself.
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George Macricostas, Chief Executive Officer and Executive Chairman Mr. Macricostas was appointed Chief Executive Officer in May 2025 and also serves as Executive Chairman. He previously held the role of Senior Vice President at Photronics. Mr. Macricostas founded, chaired, and served as CEO of RagingWire Data Centers, Inc., a provider of mission-critical data center colocation facilities. He oversaw the sale of RagingWire Data Centers to NTT of Japan in two stages, in 2014 and 2018. He has over 30 years of experience in technical and business management in business operations and information technology. Eric Rivera, Chief Financial Officer Mr. Rivera was appointed Chief Financial Officer after serving as interim Chief Financial Officer effective January 2024. He joined Photronics in 2016 as corporate controller and was promoted to chief accounting officer in 2020. Prior to his tenure at Photronics, Mr. Rivera accumulated 24 years of experience, including various accounting and financial reporting roles at companies such as IBM and Thompson Reuters. Christopher J. Progler, Executive Vice President and Chief Technology Officer Dr. Progler was promoted to Chief Technology Officer in March 2004 and also serves as Executive Vice President of Strategic Planning. He joined Photronics in 2001 as Chief Scientist. With over 30 years of experience in the semiconductor industry, his career includes significant contributions at leading semiconductor companies such as IBM, Texas Instruments, and ST Microelectronics in R&D and manufacturing process integration. Dr. Progler holds a Ph.D. in Electrical Engineering from the University of Texas at Dallas and a BS/MS in Optics from the University of Rochester. He is also a board member for two Photronics Asia photomask joint venture companies and a Fellow of SPIE. Debbie Wierzbicki, Senior Vice President of US/EU Mainstream Operations & Global Production Control Ms. Wierzbicki oversees production operations and global production support, collaborating with other executives to enhance operational efficiency. Dennic Hu, Vice President of Global Supply Chain Mr. Hu is responsible for managing supply chain operations, optimizing processes to support Photronics' overall performance and strategic goals.AI Analysis | Feedback
The key risks to Photronics' (PLAB) business largely stem from the inherent volatility and competitive nature of the semiconductor industry, coupled with the significant capital investment required for technological advancement.
- Cyclicality of the Semiconductor Industry and Economic Uncertainty: Photronics operates within the highly cyclical semiconductor market, which experiences fluctuating demand influenced by macroeconomic pressures and global economic conditions. A downturn in the broader semiconductor industry, particularly impacting the mainstream Integrated Circuit (IC) segment, can lead to reduced demand for photomasks and pressure on Photronics' revenues and profitability.
- Intense Competition and Market Saturation: The photomask industry is characterized by intense competition from major global players, which can put significant pressure on Photronics' margins. This competitive landscape necessitates continuous innovation and strategic positioning to maintain market share and pricing power.
- High Capital Expenditure and Rapid Technological Advancements: The nature of the photomask business requires substantial and ongoing capital expenditures to keep pace with rapid technological changes and to support the production of advanced photomasks. Photronics anticipates a significant increase in its capital expenditure in 2026, which is projected to impact earnings and valuation in the near term. Elevated capital spending, combined with unpredictable demand in cyclical markets, could also strain the company's cash flows.
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Photronics (PLAB) primarily manufactures and sells photomasks, which are high-precision image transfer tools essential for the fabrication of integrated circuits (ICs) and flat panel displays (FPDs).
Addressable Market Sizes:
Global Photomask Market:
- The global photomask market size was valued at approximately USD 5.1 billion in 2024.
- It is projected to reach around USD 7.0 billion by 2033, exhibiting a Compound Annual Growth Rate (CAGR) of 3.50% from 2025-2033.
- Other estimates indicate the market was USD 5.11 billion in 2023 and is expected to grow to USD 7.44 billion by 2030, with a CAGR of 4.7% from 2024 to 2030.
Global IC Photomask Market:
- The global semiconductor IC photomask market was valued at approximately USD 6.209 billion in 2024.
- It is projected to grow to approximately USD 9.153 billion by 2032, with a CAGR of 5.6% during the forecast period.
- Another estimate valued the global IC photomask market at USD 4.710 billion in 2024, anticipating it to reach USD 6.709 billion by 2031, at a CAGR of 5.3% from 2025-2031.
- North America holds a significant share of the global IC Photomask market, valued at USD 2.01 billion in 2024 and projected to reach USD 3.22 billion in 2035.
Global Flat Panel Display (FPD) Photomask Market:
- The displays segment accounted for 48% of the total photomask market in 2024.
- Display photomask revenue for 2025 is expected to grow to between ¥148 billion and ¥155 billion (Japanese Yen).
- Displays accounted for the largest revenue share of 33.1% in the global photomask market in 2023.
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Photronics (PLAB) is expected to drive future revenue growth over the next 2-3 years through several key factors:
- Growth in High-End Integrated Circuit (IC) Photomasks and Advanced Node Migration: The company anticipates increased demand for high-end IC photomasks, particularly for advanced nodes such as 22nm, 28nm, and potentially smaller geometries (e.g., 6-8nm), driven by technological advancements like artificial intelligence (AI) and the continuous evolution of semiconductor manufacturing. Photronics' investments in its U.S. and Asian facilities are aimed at capturing this growing demand for smaller node AI chips by supplying high-margin, high-end IC photomasks.
- Sustained Strong Demand for High-End Flat Panel Display (FPD) Photomasks: The Flat Panel Display segment, especially high-end AMOLED displays, is a significant growth area. Photronics benefits from the increasing adoption of AMOLED technology in mobile displays, smartphones, tablets, and laptops, which fuels demand for its FPD photomasks in regions like Korea and China.
- Strategic Geographic Expansion and Diversification: Photronics is actively pursuing a strategy of geographic expansion and diversification, including investments in its U.S. facilities (e.g., Texas and Idaho) to meet demand for midrange and high-end nodes, and evaluating capability extensions in its Asia facilities. This approach aims to support the regionalization of semiconductor production and cater to customer growth initiatives across the U.S., Europe, and Asia, thereby creating a more diversified and robust geographic revenue base.
- Recovery of the Broader Semiconductor Industry: Despite recent market softness, Photronics and analysts anticipate a rebound in the broader semiconductor industry, expected in late 2025 or early 2026. This recovery is poised to drive increased demand for both high-end and mainstream photomasks as sectors like consumer electronics and automotive improve.
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Share Repurchases
- Photronics authorized a $100 million share repurchase program in September 2020.
- From September 2020 through October 2022, the company repurchased $68 million of shares. In fiscal 1H25 (six-months ended May 4, 2025), an additional $77 million of shares were repurchased.
- In August 2024, the Board authorized an increase to the existing share repurchase program, allowing for repurchases up to $100 million from the remaining $31.7 million. As of August 3, 2025 (fiscal 3Q25), $27.6 million remained available under this authorization.
Capital Expenditures
- Photronics estimated capital expenditures for fiscal year 2023 to be approximately $130 million, primarily focused on high-end and mainstream point tools to increase operating capacity and efficiency.
- For fiscal year 2025, the company has a full-year capital expenditure target of approximately $200 million.
- These capital expenditures are primarily directed toward expanding facility and IC capacity in the United States, replacing end-of-life tools, and advancing market share in higher-end nodes IC segment and G8.6 AMOLED displays, driven by trends such as AI and supply chain regionalization.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 178.74 |
| Mkt Cap | 12.5 |
| Rev LTM | 2,340 |
| Op Inc LTM | 381 |
| FCF LTM | 295 |
| FCF 3Y Avg | 256 |
| CFO LTM | 463 |
| CFO 3Y Avg | 391 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.3% |
| Rev Chg 3Y Avg | 2.6% |
| Rev Chg Q | -2.8% |
| QoQ Delta Rev Chg LTM | -0.7% |
| Op Mgn LTM | 19.5% |
| Op Mgn 3Y Avg | 19.7% |
| QoQ Delta Op Mgn LTM | -0.2% |
| CFO/Rev LTM | 22.9% |
| CFO/Rev 3Y Avg | 22.3% |
| FCF/Rev LTM | 10.9% |
| FCF/Rev 3Y Avg | 12.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 12.5 |
| P/S | 7.2 |
| P/EBIT | 33.8 |
| P/E | 41.6 |
| P/CFO | 31.6 |
| Total Yield | 2.7% |
| Dividend Yield | 0.2% |
| FCF Yield 3Y Avg | 4.1% |
| D/E | 0.0 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 10.4% |
| 3M Rtn | 70.0% |
| 6M Rtn | 103.9% |
| 12M Rtn | 104.3% |
| 3Y Rtn | 185.6% |
| 1M Excs Rtn | 21.8% |
| 3M Excs Rtn | 62.5% |
| 6M Excs Rtn | 79.9% |
| 12M Excs Rtn | 84.5% |
| 3Y Excs Rtn | 119.7% |
Price Behavior
Price Behavior
| Market Price | $38.80 | |
| Market Cap ($ Bil) | 2.2 | |
| First Trading Date | 03/26/1990 | |
| Distance from 52W High | -2.2% | |
| 50 Days | 200 Days | |
| DMA Price | $33.89 | $24.33 |
| DMA Trend | up | up |
| Distance from DMA | 14.5% | 59.5% |
| 3M | 1YR | |
| Volatility | 108.7% | 69.5% |
| Downside Capture | 299.25 | 211.64 |
| Upside Capture | 631.32 | 244.70 |
| Correlation (SPY) | 39.0% | 48.7% |
PLAB Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.62 | 5.34 | 3.78 | 3.26 | 1.71 | 1.85 |
| Up Beta | 3.49 | 8.44 | 3.87 | 2.96 | 1.40 | 1.62 |
| Down Beta | -0.87 | 1.76 | 1.58 | 2.38 | 1.38 | 1.56 |
| Up Capture | 596% | 1220% | 859% | 740% | 520% | 1764% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 9 | 21 | 29 | 59 | 119 | 364 |
| Down Capture | 493% | 407% | 307% | 254% | 149% | 112% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 11 | 20 | 32 | 65 | 129 | 378 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PLAB | |
|---|---|---|---|---|
| PLAB | 82.6% | 69.1% | 1.13 | - |
| Sector ETF (XLK) | 19.0% | 27.6% | 0.61 | 50.5% |
| Equity (SPY) | 14.0% | 19.4% | 0.55 | 48.5% |
| Gold (GLD) | 74.3% | 25.3% | 2.17 | 7.0% |
| Commodities (DBC) | 7.0% | 16.7% | 0.24 | 17.5% |
| Real Estate (VNQ) | 7.9% | 16.6% | 0.28 | 26.4% |
| Bitcoin (BTCUSD) | -29.8% | 44.9% | -0.65 | 23.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PLAB | |
|---|---|---|---|---|
| PLAB | 26.5% | 53.3% | 0.63 | - |
| Sector ETF (XLK) | 16.2% | 24.8% | 0.59 | 55.5% |
| Equity (SPY) | 13.3% | 17.0% | 0.62 | 54.5% |
| Gold (GLD) | 22.1% | 17.0% | 1.06 | 10.7% |
| Commodities (DBC) | 10.5% | 18.9% | 0.44 | 16.1% |
| Real Estate (VNQ) | 5.2% | 18.8% | 0.18 | 34.9% |
| Bitcoin (BTCUSD) | 8.3% | 57.2% | 0.37 | 22.3% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PLAB | |
|---|---|---|---|---|
| PLAB | 13.5% | 48.2% | 0.44 | - |
| Sector ETF (XLK) | 23.0% | 24.2% | 0.86 | 53.1% |
| Equity (SPY) | 15.6% | 17.9% | 0.75 | 52.6% |
| Gold (GLD) | 15.3% | 15.6% | 0.82 | 7.5% |
| Commodities (DBC) | 8.1% | 17.6% | 0.38 | 19.9% |
| Real Estate (VNQ) | 6.4% | 20.7% | 0.27 | 35.3% |
| Bitcoin (BTCUSD) | 67.9% | 66.7% | 1.07 | 14.7% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 12/10/2025 | 45.4% | 33.7% | 29.7% |
| 8/27/2025 | 7.6% | -2.0% | 7.4% |
| 5/28/2025 | -15.6% | -11.2% | -5.1% |
| 2/26/2025 | 2.0% | -2.6% | 4.7% |
| 12/11/2024 | 10.8% | 3.6% | -6.7% |
| 8/30/2024 | -7.9% | -14.6% | -7.5% |
| 5/22/2024 | -6.9% | -5.4% | -11.7% |
| 2/21/2024 | -13.9% | -11.9% | -8.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 7 | 9 |
| # Negative | 12 | 16 | 14 |
| Median Positive | 7.6% | 23.4% | 29.7% |
| Median Negative | -8.3% | -6.5% | -8.9% |
| Max Positive | 45.4% | 43.7% | 35.4% |
| Max Negative | -23.6% | -29.0% | -31.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 10/31/2025 | 12/17/2025 | 10-K |
| 07/31/2025 | 09/09/2025 | 10-Q |
| 04/30/2025 | 06/11/2025 | 10-Q |
| 01/31/2025 | 03/13/2025 | 10-Q |
| 10/31/2024 | 12/19/2024 | 10-K |
| 07/31/2024 | 09/05/2024 | 10-Q |
| 04/30/2024 | 06/07/2024 | 10-Q |
| 01/31/2024 | 03/07/2024 | 10-Q |
| 10/31/2023 | 12/26/2023 | 10-K |
| 07/31/2023 | 09/07/2023 | 10-Q |
| 04/30/2023 | 06/08/2023 | 10-Q |
| 01/31/2023 | 03/09/2023 | 10-Q |
| 10/31/2022 | 12/23/2022 | 10-K |
| 07/31/2022 | 09/07/2022 | 10-Q |
| 04/30/2022 | 06/15/2022 | 10-Q |
| 01/31/2022 | 03/10/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Lee, Kang Jyh | Direct | Sell | 1062026 | 33.54 | 8,750 | 293,475 | 15,960,009 | Form | |
| 2 | Lee, Kang Jyh | Direct | Sell | 12232025 | 34.31 | 8,750 | 300,212 | 16,626,626 | Form | |
| 3 | Progler, Christopher J | EVP, Chief Technology Officer | Direct | Sell | 12162025 | 35.78 | 25,000 | 894,500 | 5,924,846 | Form |
| 4 | Tyson, Mitchell G | Direct | Sell | 12162025 | 36.17 | 5,000 | 180,850 | 1,697,350 | Form | |
| 5 | Park, Han Kyung | SVP & GM of FPD Ops | Direct | Sell | 12162025 | 37.99 | 13,750 | 522,362 | 3,390,608 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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