PQ2 Stock Chart & Stats
€24.96
-€1.44(-5.58%)
At close: 4:00 PM EDT
€24.96
-€1.44(-5.58%)
Day’s Range― - ―
52-Week Range€17.42 - €48.30
Previous CloseN/A
Volume0.00
Average Volume (3M)36.00
Market Cap
€1.48B
Enterprise Value€1.57K
Total Cash (Recent Filing)€672.81M
Total Debt (Recent Filing)€3.89M
Price to Earnings (P/E)10.6
Beta0.62
Next Earnings
Dec 16, 2026EPS Estimate
0.41Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.85
Shares Outstanding58,963,700
10 Day Avg. Volume3
30 Day Avg. Volume36
Financial Highlights & Ratios
PEG Ratio1.30
Price to Book (P/B)1.21
Price to Sales (P/S)1.68
P/FCF Ratio23.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€36.31Price Target Upside45.49% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)1.61
Revenue Forecast (FY)€744.38M
Bulls Say, Bears Say
Bulls Say
High-End IC MixA rising share of high-end IC masks can improve Photronics’ revenue quality and support pricing because advanced nodes require more complex, higher-value mask sets. Continued node migration and strong fab utilization may sustain demand over the next several quarters.
Advanced Display PositioningMass production of the advanced FPD writer and continued OLED demand strengthen Photronics’ position in higher-specification display masks. This expands exposure to technology transitions where technical capability and qualification requirements can support durable customer relationships.
Balance Sheet And CashMinimal leverage and substantial liquidity give Photronics flexibility to fund capacity, technology development and strategic opportunities without relying heavily on external financing. Positive operating cash flow also supports resilience through semiconductor and display cycles.
Bears Say
Margin CompressionAlthough profitability remains healthy, the multi-year decline in gross margin indicates that favorable mix, pricing or utilization benefits have not fully offset cost and business-mix pressures. Persistent compression could reduce earnings resilience if industry conditions weaken.
Weak Free-Cash-Flow ConversionPhotronics generates strong operating cash flow, but a relatively low conversion into free cash flow limits funds available for shareholder returns, debt reduction or additional investment. Elevated and potentially deferred capital spending may keep cash generation uneven.
Demand Visibility RiskPhotomask demand depends on semiconductor and display utilization, design releases and process migrations, making revenue cyclical and timing-sensitive. Delayed releases, weaker mainstream volumes and geopolitical or memory-related constraints could create sustained variability in capacity utilization.
PQ2 FAQ
What was Photronics’s price range in the past 12 months?
Photronics lowest stock price was €17.42 and its highest was €48.30 in the past 12 months.
What is Photronics’s market cap?
Photronics’s market cap is €1.48B.
When is Photronics’s upcoming earnings report date?
Photronics’s upcoming earnings report date is Dec 16, 2026 which is in 110 days.
How were Photronics’s earnings last quarter?
Photronics released its earnings results on Aug 26, 2026. The company reported €0.429 earnings per share for the quarter, beating the consensus estimate of €0.346 by €0.083.
Is Photronics overvalued?
According to Wall Street analysts Photronics’s price is currently Undervalued.
Does Photronics pay dividends?
Photronics does not currently pay dividends.
What is Photronics’s EPS estimate?
Photronics’s EPS estimate is 0.41.
How many shares outstanding does Photronics have?
Photronics has 58,963,700 shares outstanding.
What happened to Photronics’s price movement after its last earnings report?
Photronics reported an EPS of €0.429 in its last earnings report, beating expectations of €0.346. Following the earnings report the stock price went up 5.482%.
Which hedge fund is a major shareholder of Photronics?
Currently, no hedge funds are holding shares in DE:PQ2
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Photronics Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€36.31 (45.49% Upside)
€36.31 (45.49% Upside)
Blogger Sentiment
Bullish
DE:PQ2 Sentiment 70%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 83%
Bearish news 17%
Bearish news 17%
Technicals
SMA
Negative
20 days / 200 days
Momentum
54.74%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
13.38%
Trailing 12-Months
Company Description
Photronics
Photronics, Inc., including its affiliated entities, operates as a global supplier focused on the production and distribution of photomask goods and associated services. The company's reach extends across the United States, Taiwan, Korea, Europe, and China, serving international markets. These photomasks are vital for the manufacturing of integrated circuits (ICs) and flat panel displays (FPDs), enabling the precise transfer of circuit patterns onto semiconductor wafers, FPD substrates, and various other electrical and optical components. Photronics markets its offerings to a broad customer base, encompassing semiconductor and FPD manufacturers, designers, foundries, and other producers of high-performance electronics, facilitated by its sales personnel and customer service representatives. Founded in 1969, the company was originally known as Photronic Labs, Inc., changing to Photronics, Inc. in 1990. Its principal office is situated in Brookfield, Connecticut.
PQ2 Company Deck
PQ2 Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a generally constructive operational and financial picture: revenue and IC growth, a record high-end IC mix, improved margins, strong operating cash flow and tangible progress on capacity and technology investments. However, ongoing industry headwinds (high fab utilization, memory tightness, geopolitical uncertainty), a decline in mainstream revenue, widened Q4 guidance and a reduced/flexibly timed CapEx plan introduce meaningful near-term uncertainty. Overall, bullish on strategic positioning and cash generation, but cautious about near-term visibility and timing of investments.View all DE:PQ2 earnings summariesPQ2 Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
€36.31
▲(45.49% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month










