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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:TSEM

Tower Semiconductor (TSEM) Stock Price, News & Analysis

$33.45
+0.46 (+1.39%)
(As of 03/28/2024 ET)
Today's Range
$32.75
$33.59
50-Day Range
$28.55
$33.92
52-Week Range
$21.43
$45.87
Volume
460,266 shs
Average Volume
524,632 shs
Market Capitalization
$3.66 billion
P/E Ratio
7.19
Dividend Yield
N/A
Price Target
$36.33

Tower Semiconductor MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
8.6% Upside
$36.33 Price Target
Short Interest
Healthy
0.52% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.82mentions of Tower Semiconductor in the last 14 days
Based on 7 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.

2.83 out of 5 stars

Computer And Technology Sector

315th out of 589 stocks

Semiconductors & Related Devices Industry

47th 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

Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Craig-Hallum Keeps Their Buy Rating on Tower (TSEM)
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
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
3/28/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:TSEM
Employees
5,613
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
+8.6%
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
$3.66 billion
Optionable
Optionable
Beta
0.94
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Key Executives

  • Mr. 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

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 twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities 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 analysts have issued 1 year price targets for Tower Semiconductor's stock. 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 8.6% 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 9.6% and is now trading at $33.45.
View the best growth stocks for 2024 here
.

Are investors shorting Tower Semiconductor?

Tower Semiconductor saw a drop in short interest in March. As of March 15th, there was short interest totaling 569,000 shares, a drop of 28.9% from the February 29th total of 800,300 shares. Based on an average trading volume of 686,700 shares, the short-interest ratio is presently 0.8 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) posted its earnings results on Wednesday, February, 14th. The semiconductor company reported $0.49 earnings per share (EPS) for the quarter, topping 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 ETFs hold Tower Semiconductor's stock?
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 earnings per share 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 retail and institutional investors. Top institutional shareholders include Senvest Management LLC (6.56%), Clal Insurance Enterprises Holdings Ltd (5.36%), Vanguard Group Inc. (3.41%), Vanguard Group Inc. (3.41%), Victory Capital Management Inc. (2.89%) and Harel Insurance Investments & Financial Services Ltd. (2.58%).

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 3/29/2024 by MarketBeat.com Staff

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