tiprankstipranks
Trending News
More News >

Photronics Amends CEO Employment Agreement

Story Highlights
Photronics Amends CEO Employment Agreement

Don’t Miss TipRanks’ Half-Year Sale

Photronics ( (PLAB) ) has shared an update.

On June 27, 2025, Photronics, Inc. announced an amended employment agreement with its CEO, George C. Macricostas, effective from May 28, 2025. The agreement outlines his compensation, including a base salary of $675,000 and eligibility for annual bonuses, and specifies terms for termination benefits and non-compete clauses, impacting the company’s leadership stability and strategic focus.

The most recent analyst rating on (PLAB) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Photronics stock, see the PLAB Stock Forecast page.

Spark’s Take on PLAB Stock

According to Spark, TipRanks’ AI Analyst, PLAB is a Outperform.

Photronics exhibits a strong financial position and attractive valuation, which are its primary strengths. However, technical indicators suggest a neutral to slightly bearish trend, and the earnings call highlights some revenue challenges and macroeconomic uncertainties. The new executive agreement adds a positive note of leadership stability.

To see Spark’s full report on PLAB stock, click here.

More about Photronics

Photronics, Inc. operates in the semiconductor industry, specializing in the development, manufacturing, and marketing of photomasks, which are high-precision photographic quartz or glass plates containing microscopic images of electronic circuits.

Average Trading Volume: 730,493

Technical Sentiment Signal: Hold

Current Market Cap: $1.19B

See more insights into PLAB stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1