NASDAQ:TSEM

Tower Semiconductor (TSEM) Stock Price, News & Analysis

$34.68
+0.87 (+2.57%)
(As of 12:27 PM ET)
Today's Range
$34.01
$34.94
50-Day Range
$30.94
$34.48
52-Week Range
$21.43
$43.31
Volume
212,543 shs
Average Volume
620,864 shs
Market Capitalization
$3.79 billion
P/E Ratio
7.46
Dividend Yield
N/A
Price Target
$36.33

Tower Semiconductor MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
5.4% Upside
$36.33 Price Target
Short Interest
Healthy
0.78% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.64mentions of Tower Semiconductor in the last 14 days
Based on 5 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.

1.96 out of 5 stars

Computer And Technology Sector

429th out of 589 stocks

Semiconductors & Related Devices Industry

70th out of 90 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
Trump is sounding the alarm
Europe is one of the latest to release a central bank digital currency and along with it, new cash rules. Christine Lagarde, President of the European Central Bank, shared "Now we have in Europe this threshold, above 1,000 euros you cannot pay cash… if you get caught you are fined or you are going to jail". Are you prepared?
Tower Semiconductor Ltd.
Trump is sounding the alarm
Europe is one of the latest to release a central bank digital currency and along with it, new cash rules. Christine Lagarde, President of the European Central Bank, shared "Now we have in Europe this threshold, above 1,000 euros you cannot pay cash… if you get caught you are fined or you are going to jail". Are you prepared?
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
5/07/2024
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
+7.5%
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
$4.47 per share
Book Value
$22.21 per share

Miscellaneous

Free Float
108,192,000
Market Cap
$3.70 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 twelve months. 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 Wall Street analysts have issued 1-year price objectives for Tower Semiconductor's shares. Their TSEM share price targets range from $35.00 to $38.00. On average, they anticipate the company's stock price to reach $36.33 in the next twelve months. This suggests a possible upside of 5.4% 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 12.9% and is now trading at $34.46.
View the best growth stocks for 2024 here
.

Are investors shorting Tower Semiconductor?

Tower Semiconductor saw a increase in short interest during 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 trading volume, of 669,700 shares, the short-interest ratio is currently 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) announced its quarterly 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 earned $351.71 million during 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 guidance has Tower Semiconductor issued on next quarter's earnings?

Tower Semiconductor issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (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 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 Essex Investment Management Co. LLC (0.15%).

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 5/7/2024 by MarketBeat.com Staff

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