NASDAQ:TSEMTower Semiconductor Stock Price, Forecast & News

Tower Semiconductor's stock was trading at $16.44 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TSEM shares have decreased by 5.8% and is now trading at $15.48. View which stocks have been mosted 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, May 20th 2020. View our earnings forecast for Tower Semiconductor.

Tower Semiconductor Ltd. (NASDAQ:TSEM) posted its earnings results on Tuesday, February, 18th. The semiconductor company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.02. The semiconductor company had revenue of $306 million for the quarter, compared to analysts' expectations of $312.06 million. Tower Semiconductor had a return on equity of 7.71% and a net margin of 7.30%. Tower Semiconductor's revenue was down 8.4% compared to the same quarter last year. During the same period last year, the company posted $0.41 earnings per share. View Tower Semiconductor's earnings history.

Tower Semiconductor issued an update on its first quarter 2020 Pre-Market earnings guidance on Tuesday, February, 18th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $285-315 million, compared to the consensus revenue estimate of $300.9 million.

3 equities research analysts have issued 12-month price targets for Tower Semiconductor's stock. Their forecasts range from $17.71 to $32.00. On average, they anticipate Tower Semiconductor's share price to reach $25.57 in the next year. This suggests a possible upside of 65.2% from the stock's current price. View analysts' price targets for Tower Semiconductor.

News headlines about TSEM stock have been trending very negative on Saturday, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tower Semiconductor earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned press coverage about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutTower Semiconductor.

Some companies that are related to Tower Semiconductor include IPG Photonics (IPGP), United Microelectronics (UMC), ON Semiconductor (ON), Solaredge Technologies (SEDG), First Solar (FSLR), Enphase Energy (ENPH), Cree (CREE), Inphi (IPHI), Cirrus Logic (CRUS), SUMCO CORP/ADR (SUOPY), Silicon Laboratories (SLAB), Cabot Microelectronics (CCMP), Finisar (FNSR), Acacia Communications (ACIA) and Power Integrations (POWI).

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

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 $15.48.

Tower Semiconductor has a market capitalization of $1.65 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 5,586 workers across the globe. View additional information about Tower Semiconductor.

The official website for Tower Semiconductor is http://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]