NASDAQ:TSEM

Tower Semiconductor (TSEM) Stock Price, News & Analysis

$31.99
+0.26 (+0.82%)
(As of 01:43 PM ET)
Today's Range
$31.19
$32.04
50-Day Range
$30.94
$34.48
52-Week Range
$21.43
$45.87
Volume
110,492 shs
Average Volume
648,693 shs
Market Capitalization
$3.50 billion
P/E Ratio
6.88
Dividend Yield
N/A
Price Target
$36.33

Tower Semiconductor MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
13.6% Upside
$36.33 Price Target
Short Interest
Healthy
0.78% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.77mentions 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.

2.95 out of 5 stars

Computer And Technology Sector

292nd out of 586 stocks

Semiconductors & Related Devices Industry

46th out of 88 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

This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Tower Semiconductor Ltd.
7 Tech Stocks to Pick Up From the Discount Bin
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
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
4/25/2024
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
+14.5%
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
$4.34 per share
Book Value
$22.21 per share

Miscellaneous

Free Float
108,192,000
Market Cap
$3.47 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 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 research analysts have issued twelve-month target prices for Tower Semiconductor's shares. 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 13.6% 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 4.8% and is now trading at $31.99.
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 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 Thursday, May 9th 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 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 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 (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 shareholders 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 4/25/2024 by MarketBeat.com Staff

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