NASDAQ:TSEM Tower Semiconductor (TSEM) Stock Forecast, Price & News $39.09 +0.59 (+1.53%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$38.01▼$39.4450-Day Range$37.82▼$45.4352-Week Range$37.60▼$47.98Volume1.16 million shsAverage Volume660,176 shsMarket Capitalization$4.27 billionP/E Ratio15.39Dividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media About Tower Semiconductor (NASDAQ:TSEM) StockTower 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.Read More Receive TSEM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tower Semiconductor and its competitors with MarketBeat's FREE daily newsletter. Email Address TSEM Stock News HeadlinesJune 9, 2023 | msn.comTower Semiconductor seesaws amid report on China review of Intel dealJune 2, 2023 | americanbankingnews.comTower Semiconductor (NASDAQ:TSEM) Sees Unusually-High Trading VolumeJune 9, 2023 | Vantage Point (Ad)Trade Smarter: Discover Hidden Opportunities w/ A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 22, 2023 | americanbankingnews.comTower Semiconductor (NASDAQ:TSEM) Cut to Buy at StockNews.comMay 16, 2023 | msn.comTower Semiconductor Reports Mixed First-Quarter Results as Revenue DeclinesMay 15, 2023 | markets.businessinsider.comNasdaq Rises 75 Points; Tower Semiconductor Posts Upbeat Q1 ResultsMay 15, 2023 | finance.yahoo.comTSEM: Q1 2023 Revenue Slightly Better Than Expected While Earnings Benefit from a One-Time GainMay 15, 2023 | seekingalpha.comTower Semiconductor GAAP EPS of $0.64 beats by $0.23, revenue of $356M beats by $3.75MJune 9, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 15, 2023 | msn.comIntel Acquisition Target Tower Semiconductor Tops Q1 ConsensusMay 15, 2023 | finance.yahoo.comTower Semiconductor Reports 2023 First Quarter Financial ResultsMay 13, 2023 | americanbankingnews.comTower Semiconductor (TSEM) Set to Announce Earnings on MondayMay 12, 2023 | americanbankingnews.comTower Semiconductor (NASDAQ:TSEM) Upgraded to Strong-Buy at StockNews.comMay 10, 2023 | reuters.comIndia to reopen process for $10 bln in chip incentives -Bloomberg NewsMay 5, 2023 | msn.comIntel Faces Hurdles in Tower Semiconductor AcquisitionMay 5, 2023 | msn.comIntel in remedy talks with China on Tower Semi, no approval in next few weeks - reportApril 29, 2023 | americanbankingnews.comTower Semiconductor (NASDAQ:TSEM) Sees Large Volume IncreaseApril 28, 2023 | msn.comIntel CEO says making progress in China's review of Tower Semiconductor dealApril 27, 2023 | msn.comIntel CEO hopes to get China approval shortly for Tower Semi deal - reportApril 27, 2023 | seekingalpha.comTower Semiconductor: Great Company, But If The Deal Doesn't Happen, Slightly ExpensiveApril 24, 2023 | thestreet.com4 Stocks You Should Watch Because They're Breaking Out HigherApril 23, 2023 | americanbankingnews.comTower Semiconductor (NASDAQ:TSEM) Downgraded to Buy at StockNews.comApril 21, 2023 | americanbankingnews.comTraders Purchase Large Volume of Tower Semiconductor Put Options (NASDAQ:TSEM)April 20, 2023 | finance.yahoo.comTower Semiconductor Announces First Quarter 2023 Earnings Release DateApril 13, 2023 | americanbankingnews.comTower Semiconductor (NASDAQ:TSEM) Sees Strong Trading VolumeApril 12, 2023 | americanbankingnews.comSilicon Laboratories (NASDAQ:SLAB) vs. Tower Semiconductor (NASDAQ:TSEM) Financial AnalysisApril 4, 2023 | msn.comSilicon Motion, Tower Semiconductor fall on report of slowdown in China deal reviewsSee More Headlines TSEM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TSEM Company Calendar Last Earnings11/08/2021Today6/09/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:TSEM CUSIPN/A CIK928876 Webwww.towerjazz.com Phone972-4650-6109Fax972-4654-7788Employees5,613Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$2.54 Trailing P/E Ratio15.32 Forward P/E Ratio20.91 P/E GrowthN/ANet Income$264.57 million Net Margins17.49% Pretax Margin20.31% Return on Equity13.70% Return on Assets10.18% Debt Debt-to-Equity Ratio0.10 Current Ratio4.19 Quick Ratio3.18 Sales & Book Value Annual Sales$1.68 billion Price / Sales2.53 Cash Flow$5.10 per share Price / Cash Flow7.63 Book Value$17.28 per share Price / Book2.25Miscellaneous Outstanding Shares109,290,000Free Float108,192,000Market Cap$4.25 billion OptionableOptionable Beta0.89 Key ExecutivesMr. 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 More ExecutivesKey CompetitorsMACOM Technology SolutionsNASDAQ:MTSICirrus LogicNASDAQ:CRUSDiodesNASDAQ:DIODSilicon LaboratoriesNASDAQ:SLABPower IntegrationsNASDAQ:POWIView All CompetitorsInstitutional OwnershipPrelude Capital Management LLCSold 24,194 shares on 6/1/2023Ownership: 0.105%Ontario Teachers Pension Plan BoardSold 1,024 shares on 6/1/2023Ownership: 0.024%Ameriprise Financial Inc.Bought 59,839 shares on 5/22/2023Ownership: 0.380%JPMorgan Chase & Co.Bought 552,531 shares on 5/18/2023Ownership: 4.512%State Street CorpBought 2,164 shares on 5/16/2023Ownership: 0.061%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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Tower Semiconductor Ltd. 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