Tower Semiconductor Ltd. (NASDAQ:TSEM) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Tower Semiconductor Ltd. has received a consensus rating of "Moderate Buy" from five brokerages, with one hold and four buy recommendations, indicating positive market sentiment.
• The average twelve-month price target projected by analysts for Tower Semiconductor is $67.60, with price objectives ranging from $65.00 to $74.00 from various analysts.
• In its latest quarterly earnings, Tower Semiconductor reported $0.41 EPS, missing expectations of $0.47 EPS, while achieving a revenue of $372.06 million, slightly above consensus estimates.

Shares of Tower Semiconductor Ltd. (NASDAQ:TSEM - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the five analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $67.60.

A number of equities analysts have weighed in on the stock. Wedbush set a $65.00 target price on shares of Tower Semiconductor and gave the stock an "outperform" rating in a research note on Tuesday, August 5th. Benchmark upped their price target on shares of Tower Semiconductor from $66.00 to $73.00 and gave the stock a "buy" rating in a research report on Monday, September 8th. Barclays initiated coverage on shares of Tower Semiconductor in a research note on Thursday. They issued an "equal weight" rating and a $74.00 price target on the stock. Finally, Susquehanna set a $66.00 price target on shares of Tower Semiconductor and gave the company a "positive" rating in a research note on Tuesday, August 5th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Senvest Management LLC grew its stake in Tower Semiconductor by 0.9% in the 2nd quarter. Senvest Management LLC now owns 8,128,614 shares of the semiconductor company's stock worth $352,375,000 after buying an additional 69,207 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Tower Semiconductor by 2.4% in the first quarter. Vanguard Group Inc. now owns 4,087,155 shares of the semiconductor company's stock worth $145,106,000 after acquiring an additional 93,868 shares during the last quarter. Jennison Associates LLC boosted its position in shares of Tower Semiconductor by 2.3% during the first quarter. Jennison Associates LLC now owns 2,546,357 shares of the semiconductor company's stock valued at $90,803,000 after buying an additional 57,544 shares during the last quarter. Meitav Investment House Ltd. boosted its position in shares of Tower Semiconductor by 1.0% during the second quarter. Meitav Investment House Ltd. now owns 2,242,514 shares of the semiconductor company's stock valued at $97,247,000 after buying an additional 22,873 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in Tower Semiconductor by 12.2% in the first quarter. Wellington Management Group LLP now owns 2,240,229 shares of the semiconductor company's stock valued at $79,887,000 after acquiring an additional 243,267 shares during the period. Hedge funds and other institutional investors own 70.51% of the company's stock.

Tower Semiconductor Stock Performance

Shares of NASDAQ TSEM traded up $2.30 during midday trading on Thursday, hitting $69.32. The company's stock had a trading volume of 603,280 shares, compared to its average volume of 852,688. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.50 and a current ratio of 6.57. The firm's fifty day moving average price is $54.22 and its 200-day moving average price is $44.21. The firm has a market cap of $7.68 billion, a P/E ratio of 39.74 and a beta of 0.86. Tower Semiconductor has a 1-year low of $28.64 and a 1-year high of $72.13.

Tower Semiconductor (NASDAQ:TSEM - Get Free Report) last released its earnings results on Monday, August 4th. The semiconductor company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.06). Tower Semiconductor had a net margin of 13.20% and a return on equity of 7.37%. The business had revenue of $372.06 million for the quarter, compared to analyst estimates of $371.63 million. During the same period in the prior year, the company earned $0.53 earnings per share. The firm's revenue for the quarter was up 6.0% on a year-over-year basis. Tower Semiconductor has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Tower Semiconductor will post 1.67 EPS for the current fiscal year.

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.