NASDAQ:TSEM

Tower Semiconductor (TSEM) Stock Price, News & Analysis

$36.48
-0.23 (-0.63%)
(As of 05/13/2024 ET)
Today's Range
$36.32
$37.03
50-Day Range
$30.94
$36.71
52-Week Range
$21.43
$41.81
Volume
286,624 shs
Average Volume
623,927 shs
Market Capitalization
$3.99 billion
P/E Ratio
8.27
Dividend Yield
N/A
Price Target
$46.33

Tower Semiconductor MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.0% Upside
$46.33 Price Target
Short Interest
Healthy
0.82% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.96mentions of Tower Semiconductor in the last 14 days
Based on 29 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.

3.87 out of 5 stars

Computer And Technology Sector

174th out of 599 stocks

Semiconductors & Related Devices Industry

28th 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 (NASDAQ:TSEM) Rating Reiterated by Benchmark
Tower Semiconductor (NASDAQ:TSEM) PT Raised to $44.00
Susquehanna Upgrades Tower Semiconductor (TSEM)
Tower Semiconductor Ltd.
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
5/13/2024
Next Earnings (Estimated)
7/24/2024
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
$46.33
High Stock Price Target
$55.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+27.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$518.49 million
Pretax Margin
37.75%

Debt

Sales & Book Value

Annual Sales
$1.42 billion
Cash Flow
$4.34 per share
Book Value
$22.21 per share

Miscellaneous

Free Float
108,192,000
Market Cap
$3.99 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Tower Semiconductor in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TSEM shares.
View TSEM analyst ratings
or view top-rated stocks.

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

3 equities research analysts have issued 12-month price objectives for Tower Semiconductor's shares. Their TSEM share price targets range from $40.00 to $55.00. On average, they predict the company's share price to reach $46.33 in the next year. This suggests a possible upside of 27.0% 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 at the beginning of 2024. Since then, TSEM stock has increased by 19.5% and is now trading at $36.48.
View the best growth stocks for 2024 here
.

When is Tower Semiconductor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our TSEM earnings forecast
.

How were Tower Semiconductor's earnings last quarter?

Tower Semiconductor Ltd. (NASDAQ:TSEM) released its earnings results on Thursday, May, 9th. The semiconductor company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.32 by $0.08. The semiconductor company had revenue of $327.24 million for the quarter, compared to the consensus estimate of $325 million. Tower Semiconductor had a trailing twelve-month return on equity of 8.78% and a net margin of 35.27%.

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

Tower Semiconductor issued an update on its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $332.5 million-$367.5 million, compared to the consensus revenue estimate of $334.8 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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.47%), Harel Insurance Investments & Financial Services Ltd. (3.33%), Jennison Associates LLC (2.43%), Meitav Investment House Ltd. (1.77%), William Blair Investment Management LLC (0.95%) and Russell Investments Group Ltd. (0.29%).

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 5/14/2024 by MarketBeat.com Staff

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