Tower Semiconductor (NASDAQ:TSEM – Free Report) had its price target hoisted by Susquehanna from $100.00 to $135.00 in a research note issued to investors on Tuesday morning,Benzinga reports. Susquehanna currently has a positive rating on the semiconductor company’s stock.
Other research analysts also recently issued reports about the company. Benchmark raised their price target on Tower Semiconductor from $66.00 to $73.00 and gave the company a “buy” rating in a research note on Monday, September 8th. Wedbush set a $65.00 price objective on Tower Semiconductor and gave the company an “outperform” rating in a report on Tuesday, August 5th. Barclays began coverage on Tower Semiconductor in a research note on Thursday, September 18th. They issued an “equal weight” rating and a $74.00 price target for the company. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Tower Semiconductor in a research report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Tower Semiconductor has an average rating of “Moderate Buy” and an average target price of $107.40.
View Our Latest Report on TSEM
Tower Semiconductor Price Performance
Tower Semiconductor (NASDAQ:TSEM – Get Free Report) last posted its quarterly earnings data on Monday, November 10th. The semiconductor company reported $0.55 EPS for the quarter, meeting the consensus estimate of $0.55. The business had revenue of $395.67 million for the quarter, compared to analysts’ expectations of $394.98 million. Tower Semiconductor had a net margin of 13.20% and a return on equity of 7.37%. The firm’s revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.57 EPS. Tower Semiconductor has set its Q4 2025 guidance at EPS. Analysts anticipate that Tower Semiconductor will post 1.67 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of TSEM. ARK Investment Management LLC increased its stake in Tower Semiconductor by 24.7% in the second quarter. ARK Investment Management LLC now owns 46,339 shares of the semiconductor company’s stock valued at $2,009,000 after purchasing an additional 9,180 shares in the last quarter. Penserra Capital Management LLC lifted its position in shares of Tower Semiconductor by 40.6% during the second quarter. Penserra Capital Management LLC now owns 468,481 shares of the semiconductor company’s stock valued at $20,308,000 after purchasing an additional 135,250 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Tower Semiconductor by 18.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 23,442 shares of the semiconductor company’s stock valued at $1,016,000 after acquiring an additional 3,704 shares in the last quarter. Tectonic Advisors LLC increased its position in shares of Tower Semiconductor by 17.2% during the 2nd quarter. Tectonic Advisors LLC now owns 26,396 shares of the semiconductor company’s stock valued at $1,144,000 after purchasing an additional 3,883 shares during the last quarter. Finally, Voya Investment Management LLC raised its position in Tower Semiconductor by 45.1% in the first quarter. Voya Investment Management LLC now owns 918,068 shares of the semiconductor company’s stock worth $32,738,000 after acquiring an additional 285,471 shares during the period. Institutional investors and hedge funds own 70.51% of the company’s stock.
About Tower Semiconductor
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.
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