NASDAQ:TSEM

Tower Semiconductor (TSEM) Stock Forecast, Price & News

$39.09

+0.59 (+1.53%)

(As of 06/9/2023 ET)

Compare

Today's Range: $38.01
▼
$39.44
50-Day Range: $37.82
▼
$45.43
52-Week Range: $37.60
▼
$47.98

Volume: 1.16 million shs
Average Volume: 660,176 shs
Market Capitalization: $4.27 billion

P/E Ratio: 15.39
Dividend Yield: N/A
Price Target: N/A

About Tower Semiconductor (NASDAQ:TSEM) Stock

Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal semiconductor devices in the United States, Japan, other Asia countries, and Europe. 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 offers wafer fabrication services and design enablement platform for 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.

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TSEM Stock News Headlines

June 9, 2023 | msn.com

Tower Semiconductor seesaws amid report on China review of Intel deal

June 2, 2023 | americanbankingnews.com

Tower Semiconductor (NASDAQ:TSEM) Sees Unusually-High Trading Volume

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May 22, 2023 | americanbankingnews.com

Tower Semiconductor (NASDAQ:TSEM) Cut to Buy at StockNews.com

May 16, 2023 | msn.com

Tower Semiconductor Reports Mixed First-Quarter Results as Revenue Declines

May 15, 2023 | markets.businessinsider.com

Nasdaq Rises 75 Points; Tower Semiconductor Posts Upbeat Q1 Results

May 15, 2023 | finance.yahoo.com

TSEM: Q1 2023 Revenue Slightly Better Than Expected While Earnings Benefit from a One-Time Gain

May 15, 2023 | seekingalpha.com

Tower Semiconductor GAAP EPS of $0.64 beats by $0.23, revenue of $356M beats by $3.75M

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May 15, 2023 | msn.com

Intel Acquisition Target Tower Semiconductor Tops Q1 Consensus

May 15, 2023 | finance.yahoo.com

Tower Semiconductor Reports 2023 First Quarter Financial Results

May 13, 2023 | americanbankingnews.com

Tower Semiconductor (TSEM) Set to Announce Earnings on Monday

May 12, 2023 | americanbankingnews.com

Tower Semiconductor (NASDAQ:TSEM) Upgraded to Strong-Buy at StockNews.com

May 10, 2023 | reuters.com

India to reopen process for $10 bln in chip incentives -Bloomberg News

May 5, 2023 | msn.com

Intel Faces Hurdles in Tower Semiconductor Acquisition

May 5, 2023 | msn.com

Intel in remedy talks with China on Tower Semi, no approval in next few weeks - report

April 29, 2023 | americanbankingnews.com

Tower Semiconductor (NASDAQ:TSEM) Sees Large Volume Increase

April 28, 2023 | msn.com

Intel CEO says making progress in China's review of Tower Semiconductor deal

April 27, 2023 | msn.com

Intel CEO hopes to get China approval shortly for Tower Semi deal - report

April 27, 2023 | seekingalpha.com

Tower Semiconductor: Great Company, But If The Deal Doesn't Happen, Slightly Expensive

April 24, 2023 | thestreet.com

4 Stocks You Should Watch Because They're Breaking Out Higher

April 23, 2023 | americanbankingnews.com

Tower Semiconductor (NASDAQ:TSEM) Downgraded to Buy at StockNews.com

April 21, 2023 | americanbankingnews.com

Traders Purchase Large Volume of Tower Semiconductor Put Options (NASDAQ:TSEM)

April 20, 2023 | finance.yahoo.com

Tower Semiconductor Announces First Quarter 2023 Earnings Release Date

April 13, 2023 | americanbankingnews.com

Tower Semiconductor (NASDAQ:TSEM) Sees Strong Trading Volume

April 12, 2023 | americanbankingnews.com

Silicon Laboratories (NASDAQ:SLAB) vs. Tower Semiconductor (NASDAQ:TSEM) Financial Analysis

April 4, 2023 | msn.com

Silicon Motion, Tower Semiconductor fall on report of slowdown in China deal reviews

See More Headlines

TSEM Price History

30 days | 90 days | 365 days | Advanced Chart

TSEM Company Calendar

Last Earnings: 11/08/2021
Today: 6/09/2023
Next Earnings (Estimated): 8/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:TSEM
CUSIP: N/A
CIK: 928876
Web: www.towerjazz.com
Phone: 972-4650-6109
Fax: 972-4654-7788
Employees: 5,613
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.54
Trailing P/E Ratio: 15.32
Forward P/E Ratio: 20.91
P/E Growth: N/A
Net Income: $264.57 million
Net Margins: 17.49%
Pretax Margin: 20.31%
Return on Equity: 13.70%
Return on Assets: 10.18%

Debt

Debt-to-Equity Ratio: 0.10
Current Ratio: 4.19
Quick Ratio: 3.18

Sales & Book Value

Annual Sales: $1.68 billion
Price / Sales: 2.53
Cash Flow: $5.10 per share
Price / Cash Flow: 7.63
Book Value: $17.28 per share
Price / Book: 2.25

Miscellaneous

Outstanding Shares: 109,290,000
Free Float: 108,192,000
Market Cap: $4.25 billion
Optionable: Optionable
Beta: 0.89

Key Executives

Mr. Russell C. Ellwanger (Age 68)
CEO & Director

Mr. Oren Shirazi (Age 53)
CFO & Sr. VP of Fin.

Mr. Rafi Mor (Age 59)
Chief Operating Officer

Ms. Noit Levy-Karoubi (Age 38)
Sr. VP of Investor Relations & Corp. Communications

Ms. Nati Somekh (Age 48)
Sr. VP, Chief Legal Officer & Corp. Sec.

Ms. Dalit Dahan (Age 55)
Sr. VP of HR & Information Technology

Mr. Yossi Netzer (Age 59)
Sr. VP of Corp. Planning

Dr. Marco Racanelli (Age 56)
SVP & GM of Analog Bus. Unit and Newport Beach Site Mang.

Dr. Avi Strum (Age 61)
Sr. VP and GM of Sensors & Displays Bus. Unit

Mr. Dani Ashkenazi (Age 60)
Sr. VP of Excellence & Quality

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TSEM Stock - Frequently Asked Questions

How have TSEM shares performed in 2023?: Tower Semiconductor's stock was trading at $43.20 at the beginning of the year. Since then, TSEM shares have decreased by 10.0% and is now trading at $38.90.
View the best growth stocks for 2023 here.
When is Tower Semiconductor's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our TSEM earnings forecast.
How were Tower Semiconductor's earnings last quarter?: Tower Semiconductor Ltd. (NASDAQ:TSEM) issued its quarterly earnings results on Monday, November, 8th. The semiconductor company reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.04. The semiconductor company had revenue of $386.71 million for the quarter, compared to analyst estimates of $384.98 million. Tower Semiconductor had a trailing twelve-month return on equity of 13.70% and a net margin of 17.49%. The company's revenue for the quarter was up 24.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.14 earnings per share.
What ETFs hold Tower Semiconductor's stock?: ETFs with the largest weight of Tower Semiconductor (NASDAQ:TSEM) stock in their portfolio include BlueStar Israel Technology ETF (ITEQ), ProShares S&P Kensho Smart Factories ETF (MAKX), VanEck Israel ETF (ISRA), ARK Israel Innovative Technology ETF (IZRL), Columbia Seligman Semiconductor and Technology ETF (SEMI), Defiance Quantum ETF (QTUM), Fidelity International Multifactor ETF (FDEV) and Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN).
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 ON Semiconductor (ON).
What is Tower Semiconductor's stock symbol?: Tower Semiconductor trades on the NASDAQ under the ticker symbol "TSEM."

Who are Tower Semiconductor's major shareholders?: Tower Semiconductor's stock is owned by a variety of institutional and retail investors. Top institutional investors include Clal Insurance Enterprises Holdings Ltd (5.51%), JPMorgan Chase & Co. (4.51%), Franklin Resources Inc. (3.70%), Jennison Associates LLC (1.76%), Segantii Capital Management Ltd (1.29%) and Renaissance Technologies LLC (1.24%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Tower Semiconductor's stock price today?: One share of TSEM stock can currently be purchased for approximately $38.90.
How much money does Tower Semiconductor make?: Tower Semiconductor (NASDAQ:TSEM) has a market capitalization of $4.25 billion and generates $1.68 billion in revenue each year. The semiconductor company earns $264.57 million in net income (profit) each year or $2.54 on an earnings per share basis.
How many employees does Tower Semiconductor have?: The company employs 5,613 workers across the globe.
How can I contact Tower Semiconductor?: Tower Semiconductor's mailing address is RAMAT GAVRIEL INDUSTRIAL PARK PO BOX 619, MIGDAL HAEMEK L3, 2310502. The official website for the company is www.towerjazz.com. The semiconductor company can be reached via phone at 972-4650-6109, via email at noit.levi@towerjazz.com, or via fax at 972-4654-7788.

This page (NASDAQ:TSEM) was last updated on 6/9/2023 by MarketBeat.com Staff

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