NASDAQ:TSEM Tower Semiconductor (TSEM) Stock Price, News & Analysis → The system that called 2023’s top 7 stocks is at it again… (From WealthPress) (Ad) Free TSEM Stock Alerts $32.33 +0.58 (+1.83%) (As of 09:40 AM ET) Add Compare Share Share Today's Range$32.11▼$32.3950-Day Range$30.94▼$34.4852-Week Range$21.43▼$45.87Volume12,903 shsAverage Volume652,254 shsMarket Capitalization$3.53 billionP/E Ratio6.95Dividend YieldN/APrice Target$36.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Tower Semiconductor alerts: Email Address Tower Semiconductor MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside14.4% Upside$36.33 Price TargetShort InterestHealthy0.66% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.55Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth15.79%From $1.52 to $1.76 Per ShareSee Full Details Hide Full Details 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.3.05 out of 5 starsComputer And Technology Sector319th out of 581 stocksSemiconductors & Related Devices Industry48th out of 86 stocks 2.3 Analyst's Opinion Consensus RatingTower Semiconductor has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageTower Semiconductor has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.66% of the outstanding shares of Tower Semiconductor have been sold short.Short Interest Ratio / Days to CoverTower Semiconductor has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tower Semiconductor has recently increased by 27.05%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldTower Semiconductor does not currently pay a dividend.Dividend GrowthTower Semiconductor does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TSEM. Previous Next 3.1 News and Social Media Coverage News SentimentTower Semiconductor has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Tower Semiconductor this week, compared to 3 articles on an average week.Search Interest4 people have searched for TSEM on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Tower Semiconductor to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tower Semiconductor insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Tower Semiconductor is held by insiders.Percentage Held by Institutions70.51% of the stock of Tower Semiconductor is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Tower Semiconductor are expected to grow by 15.79% in the coming year, from $1.52 to $1.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tower Semiconductor is 6.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Tower Semiconductor is 6.83, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 218.30.Price to Book Value per Share RatioTower Semiconductor has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Tips4TradersUncover this 2024 Hidden GemExclusive Report: Uncover a Hidden Investment Gem We’re excited to share a special report on one exceptional, publicly traded company. This company has achieved a remarkable 22+% just this year, outperforming the market and revealing the potential for significant gains.[Click here to subscribe] and elevate your trading today. 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.Read More TSEM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TSEM Stock News HeadlinesApril 24, 2024 | globenewswire.comTower Semiconductor Announces First Quarter 2024 Financial Results and Conference CallApril 23, 2024 | finance.yahoo.comThose who invested in Tower Semiconductor (NASDAQ:TSEM) five years ago are up 78%April 24, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.April 23, 2024 | money.usnews.comTower Semiconductor Ltd.April 17, 2024 | msn.comIsrael stocks lower at close of trade; TA 35 down 1.03%April 15, 2024 | americanbankingnews.comShort Interest in Tower Semiconductor Ltd. (NASDAQ:TSEM) Increases By 27.0%April 9, 2024 | msn.comIsrael stocks lower at close of trade; TA 35 down 1.05%April 8, 2024 | investorplace.com7 Tech Stocks to Pick Up From the Discount BinApril 24, 2024 | Banyan Hill Publishing (Ad)The Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 7, 2024 | finance.yahoo.comTower Semiconductor Ltd. (NASDAQ:TSEM) is favoured by institutional owners who hold 67% of the companyMarch 21, 2024 | finance.yahoo.comTower Semiconductor to Participate at OFC 2024 Highlighting Company’s Recent Developments in Silicon Germanium and Silicon Photonics TechnologiesMarch 21, 2024 | finance.yahoo.comIs It Time To Consider Buying Tower Semiconductor Ltd. (NASDAQ:TSEM)?March 21, 2024 | globenewswire.comTower Semiconductor to Participate at OFC 2024 Highlighting Company's Recent Developments in Silicon Germanium and Silicon Photonics TechnologiesMarch 20, 2024 | globenewswire.comTower Semiconductor Awarded by Northrop Grumman for Supplier ExcellenceMarch 18, 2024 | markets.businessinsider.comCraig-Hallum Keeps Their Buy Rating on Tower (TSEM)March 18, 2024 | finance.yahoo.comCoherent Awards Tower Semiconductor as an Outstanding Innovation and Technology Supplier for Silicon Photonics based ProductsMarch 18, 2024 | globenewswire.comCoherent Awards Tower Semiconductor as an Outstanding Innovation and Technology Supplier for Silicon Photonics based ProductsMarch 16, 2024 | finance.yahoo.comTSEM Apr 2024 30.000 putMarch 16, 2024 | finance.yahoo.comTSEM Jan 2025 15.000 callMarch 12, 2024 | stocknews.com3 Semiconductor Stocks Climbing to SuccessMarch 11, 2024 | finance.yahoo.comTower Semiconductor to Present at 2024 SEMICON China Addressing Advanced CMOS Process Technology for Micro DisplaysMarch 1, 2024 | msn.comSusquehanna Initiates Coverage of Tower Semiconductor (TSEM) with Neutral RecommendationFebruary 29, 2024 | seekingalpha.comTower Semiconductor: Tough 2023, But I Am Hopeful Going ForwardFebruary 26, 2024 | msn.comTower Semiconductor and Tianyi Micro announce strategic cooperationFebruary 26, 2024 | globenewswire.comTower Semiconductor and Tianyi Micro Announce Strategic Cooperation in Development of Next Generation OLED Micro Displays for AR/VRFebruary 25, 2024 | msn.comTower Semiconductor (TSEM) Price Target Increased by 10.92% to 38.71February 22, 2024 | finance.yahoo.comTower Semiconductor to Present at APEC 2024 Highlighting Company’s Recent Developments in BCD TechnologySee More Headlines Receive TSEM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tower Semiconductor and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/14/2024Today4/24/2024Next Earnings (Estimated)5/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:TSEM CUSIPN/A CIK928876 Webwww.towerjazz.com Phone972-4650-6109Fax972-4654-7788Employees5,613Year FoundedN/APrice Target and Rating Average Stock Price Target$36.33 High Stock Price Target$38.00 Low Stock Price Target$35.00 Potential Upside/Downside+14.4%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.65 Trailing P/E Ratio6.83 Forward P/E Ratio20.89 P/E GrowthN/ANet Income$518.49 million Net Margins36.44% Pretax Margin41.11% Return on Equity9.33% Return on Assets7.53% Debt Debt-to-Equity Ratio0.07 Current Ratio6.17 Quick Ratio5.15 Sales & Book Value Annual Sales$1.42 billion Price / Sales2.44 Cash Flow$4.47 per share Price / Cash Flow7.10 Book Value$22.21 per share Price / Book1.43Miscellaneous Outstanding Shares109,290,000Free Float108,192,000Market Cap$3.47 billion OptionableOptionable Beta0.94 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Russell C. Ellwanger (Age 69)CEO & Director Mr. Oren Shirazi (Age 54)CFO & Senior VP of Finance Mr. Rafi Mor (Age 60)Chief Operating Officer Ms. Noit Levy-Karoubi (Age 39)Senior Vice President of Investor Relations & Corporate Communications Ms. Nati Somekh (Age 49)Senior VP, Chief Legal Officer & Corporate Secretary Ms. Dalit Dahan (Age 56)Senior Vice President of Human Resources & Information Technology Mr. Yossi Netzer (Age 60)Senior Vice President of Customer Solutions & Corporate Planning Dr. Marco Racanelli (Age 57)SVP & GM of Analog Business Unit and Newport Beach Site Manager Dr. Avi Strum (Age 62)Senior VP and GM of Sensors & Displays Business Unit Mr. Dani Ashkenazi (Age 61)Senior Vice President of Excellence & Quality More ExecutivesKey CompetitorsSynapticsNASDAQ:SYNAPower IntegrationsNASDAQ:POWIFormFactorNASDAQ:FORMIPG PhotonicsNASDAQ:IPGPSilicon LaboratoriesNASDAQ:SLABView All CompetitorsInstitutional OwnershipRaymond James Financial Services Advisors Inc.Sold 27,492 shares on 4/23/2024Ownership: 0.045%Taylor Frigon Capital Management LLCSold 1,042 shares on 4/19/2024Ownership: 0.091%Oliver Luxxe Assets LLCBought 15,941 shares on 4/18/2024Ownership: 0.015%Artemis Investment Management LLPBought 107,787 shares on 4/16/2024Ownership: 0.201%Hodges Capital Management Inc.Bought 24,800 shares on 4/16/2024Ownership: 0.130%View All Institutional Transactions TSEM Stock Analysis - Frequently Asked Questions Should I buy or sell Tower Semiconductor stock right now? 3 Wall Street 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 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 brokerages have issued twelve-month price targets for Tower Semiconductor's shares. Their TSEM share price targets range from $35.00 to $38.00. On average, they expect the company's share price to reach $36.33 in the next twelve months. This suggests a possible upside of 14.4% 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 4.0% and is now trading at $31.75. View the best growth stocks for 2024 here. Are investors shorting Tower Semiconductor? Tower Semiconductor saw a increase in short interest in 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 trading 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 Monday, May 20th 2024. View our TSEM earnings forecast. How were Tower Semiconductor's earnings last quarter? Tower Semiconductor Ltd. (NASDAQ:TSEM) announced its quarterly earnings results on Wednesday, February, 14th. The semiconductor company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates 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 net margin of 36.44% and a trailing twelve-month return on equity of 9.33%. What ETFs hold Tower Semiconductor's stock? ETFs with the largest weight of Tower Semiconductor (NASDAQ:TSEM) stock in their portfolio include ProShares Nanotechnology ETF (TINY), ProShares S&P Kensho Smart Factories ETF (MAKX), Amplify BlueStar Israel Technology ETF (ITEQ), ARK Israel Innovative Technology ETF (IZRL), VanEck Israel ETF (ISRA), Defiance Quantum ETF (QTUM) and Columbia Seligman Semiconductor and Technology ETF (SEMI).SPDR FactSet Innovative Technology ETF (XITK). 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 a number of institutional and retail investors. Top institutional investors include Artemis Investment Management LLP (0.20%), Hodges Capital Management Inc. (0.13%), Taylor Frigon Capital Management LLC (0.09%), IMC Chicago LLC (0.00%), Raymond James Financial Services Advisors Inc. (0.05%) and Oliver Luxxe Assets LLC (0.01%). 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 4/24/2024 by MarketBeat.com Staff From Our PartnersThis Apple-like Innovator is Revolutionizing HealthcareWall Street Startop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencySHOCKING Crypto Leak…Crypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingElon Musk’s Controversial New Project: “Apollo”InvestorPlaceBiden out June 13; Kamala won’t replace him?Paradigm PressNew Trump BombshellThe Freeport Society Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Tower Semiconductor Ltd. 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