Photronics: DRAM Shortage And CapEx Surge Support Long-Term Margin Expansion And Rerating

Core Viewpoint - Photronics, Inc. (PLAB) has experienced a nearly 50% increase since the initial coverage last September, driven by strong Q4 earnings and a positive outlook for FY 2026 [1] Group 1: Financial Performance - The company's Q4 earnings demonstrated solid growth in its high-end integrated circuit (IC) segment, achieving record performance [1] Group 2: Market Outlook - The bullish outlook for FY 2026 indicates continued confidence in the company's growth trajectory and market position [1]