NASDAQ:TSEM

Tower Semiconductor (TSEM) Stock Price, News & Analysis

$32.49
+0.18 (+0.56%)
(As of 04:18 PM ET)
Today's Range
$32.00
$32.85
50-Day Range
$30.94
$34.48
52-Week Range
$21.43
$44.77
Volume
621,744 shs
Average Volume
633,060 shs
Market Capitalization
$3.55 billion
P/E Ratio
6.99
Dividend Yield
N/A
Price Target
$36.33

Tower Semiconductor MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
11.8% Upside
$36.33 Price Target
Short Interest
Healthy
0.78% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Tower Semiconductor in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.79%
From $1.52 to $1.76 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.05 out of 5 stars

Computer And Technology Sector

416th out of 596 stocks

Semiconductors & Related Devices Industry

68th out of 89 stocks

TSEM stock logo

About Tower Semiconductor Stock (NASDAQ:TSEM)

Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS. The Company also provides design enablement platform for quick and accurate design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. It serves various markets, such as consumer electronics, personal computers, communications, automotive, industrial, aerospace, military, and medical device products. The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.

TSEM Stock Price History

TSEM Stock News Headlines

Tower Semiconductor (TSEM) to Release Earnings on Thursday
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Tower Semiconductor Ltd.
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
7 Tech Stocks to Pick Up From the Discount Bin
Craig-Hallum Keeps Their Buy Rating on Tower (TSEM)
TSEM Apr 2024 30.000 put
TSEM Jan 2025 15.000 call
3 Semiconductor Stocks Climbing to Success
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
5/02/2024
Next Earnings (Confirmed)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:TSEM
Employees
5,215
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$36.33
High Stock Price Target
$38.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+12.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$518.49 million
Pretax Margin
41.11%

Debt

Sales & Book Value

Annual Sales
$1.42 billion
Cash Flow
$4.29 per share
Book Value
$22.21 per share

Miscellaneous

Free Float
108,192,000
Market Cap
$3.53 billion
Optionable
Optionable
Beta
0.93
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TSEM Stock Analysis - Frequently Asked Questions

Should I buy or sell Tower Semiconductor stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tower Semiconductor in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TSEM shares.
View TSEM analyst ratings
or view top-rated stocks.

What is Tower Semiconductor's stock price target for 2024?

3 brokers have issued twelve-month target prices for Tower Semiconductor's stock. Their TSEM share price targets range from $35.00 to $38.00. On average, they expect the company's stock price to reach $36.33 in the next year. This suggests a possible upside of 11.8% from the stock's current price.
View analysts price targets for TSEM
or view top-rated stocks among Wall Street analysts.

How have TSEM shares performed in 2024?

Tower Semiconductor's stock was trading at $30.52 on January 1st, 2024. Since then, TSEM shares have increased by 6.5% and is now trading at $32.49.
View the best growth stocks for 2024 here
.

Are investors shorting Tower Semiconductor?

Tower Semiconductor saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 722,900 shares, an increase of 27.0% from the March 15th total of 569,000 shares. Based on an average daily volume of 669,700 shares, the short-interest ratio is presently 1.1 days.
View Tower Semiconductor's Short Interest
.

When is Tower Semiconductor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our TSEM earnings forecast
.

How can I listen to Tower Semiconductor's earnings call?

Tower Semiconductor will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Tower Semiconductor's earnings last quarter?

Tower Semiconductor Ltd. (NASDAQ:TSEM) posted its earnings results on Wednesday, February, 14th. The semiconductor company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. The semiconductor company had revenue of $351.71 million for the quarter, compared to analysts' expectations of $350 million. Tower Semiconductor had a trailing twelve-month return on equity of 9.33% and a net margin of 36.44%.

What guidance has Tower Semiconductor issued on next quarter's earnings?

Tower Semiconductor updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $308.8 million-$341.3 million, compared to the consensus revenue estimate of $325.1 million.

What other stocks do shareholders of Tower Semiconductor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tower Semiconductor investors own include Micron Technology (MU), Alibaba Group (BABA), Northern Tier Energy (NTI), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Intel (INTC), NVIDIA (NVDA), VASCO Data Security International (VDSI), Marvell Technology (MRVL) and Onsemi (ON).

Who are Tower Semiconductor's major shareholders?

Tower Semiconductor's stock is owned by many different retail and institutional investors. Top institutional investors include Harel Insurance Investments & Financial Services Ltd. (3.33%), Jennison Associates LLC (2.43%), Meitav Investment House Ltd. (1.77%), Simplex Trading LLC (0.00%), Artemis Investment Management LLP (0.20%) and Hodges Capital Management Inc. (0.13%).

How do I buy shares of Tower Semiconductor?

Shares of TSEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TSEM) was last updated on 5/2/2024 by MarketBeat.com Staff

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