NASDAQ:TSEMTower Semiconductor Stock Price, Forecast & News

Tower Semiconductor's stock was trading at $16.44 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TSEM stock has increased by 16.5% and is now trading at $19.16. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tower Semiconductor in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tower Semiconductor.

Tower Semiconductor is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Tower Semiconductor.

Tower Semiconductor will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Tower Semiconductor Ltd. (NASDAQ:TSEM) issued its quarterly earnings data on Wednesday, May, 13th. The semiconductor company reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.01. The semiconductor company had revenue of $300.17 million for the quarter, compared to analysts' expectations of $299 million. Tower Semiconductor had a net margin of 6.61% and a return on equity of 6.50%. View Tower Semiconductor's earnings history.

Tower Semiconductor updated its second quarter 2020 Pre-Market earnings guidance on Wednesday, May, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $294.5-325.5 million, compared to the consensus revenue estimate of $308.1 million.

3 equities research analysts have issued 12-month price objectives for Tower Semiconductor's shares. Their forecasts range from $21.00 to $27.00. On average, they anticipate Tower Semiconductor's stock price to reach $24.33 in the next year. This suggests a possible upside of 27.0% from the stock's current price. View analysts' price targets for Tower Semiconductor.

Media headlines about TSEM stock have been trending somewhat negative on Saturday, InfoTrie reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tower Semiconductor earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news headlines about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news about Tower Semiconductor.

Some companies that are related to Tower Semiconductor include ON Semiconductor (ON), Solaredge Technologies (SEDG), United Microelectronics (UMC), Cree (CREE), Enphase Energy (ENPH), Inphi (IPHI), First Solar (FSLR), SUMCO CORP/ADR (SUOPY), Silicon Laboratories (SLAB), Cabot Microelectronics (CCMP), Lattice Semiconductor (LSCC), Dialog Semiconductor (DLGNF), Cirrus Logic (CRUS), BE Semiconductor Industrs (BESIY) and Power Integrations (POWI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tower Semiconductor investors own include Alibaba Group (BABA), Micron Technology (MU), Northern Tier Energy (NTI), QUALCOMM (QCOM), NVIDIA (NVDA), VASCO Data Security International (VDSI), Advanced Micro Devices (AMD), Intel (INTC), ON Semiconductor (ON) and T.A.T. Technologies (TATT).

Tower Semiconductor trades on the NASDAQ under the ticker symbol "TSEM."

Shares of TSEM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TSEM stock can currently be purchased for approximately $19.16.

Tower Semiconductor has a market capitalization of $2.05 billion and generates $1.23 billion in revenue each year. The semiconductor company earns $90.05 million in net income (profit) each year or $0.87 on an earnings per share basis. Tower Semiconductor employs 5,279 workers across the globe.

The official website for Tower Semiconductor is www.towerjazz.com.

Tower Semiconductor's mailing address is RAMAT GAVRIEL INDUSTRIAL PARK PO BOX 619, MIGDAL HAEMEK L3, 2310502. The semiconductor company can be reached via phone at 972-4650-6109 or via email at [email protected]