Tower Semiconductor Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tower Semiconductor in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Tower Semiconductor stock.
View analyst ratings for Tower Semiconductor or view top-rated stocks.

Wall Street analysts have given Tower Semiconductor a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Tower Semiconductor wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Tower Semiconductor saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 447,800 shares, a drop of 31.0% from the May 31st total of 648,800 shares. Based on an average trading volume of 378,300 shares, the short-interest ratio is currently 1.2 days. Approximately 0.5% of the company's shares are short sold.
View Tower Semiconductor's Short Interest.

Tower Semiconductor is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Tower Semiconductor.

Tower Semiconductor will be holding an earnings conference call on Monday, August 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Tower Semiconductor Ltd. (NASDAQ:TSEM) issued its quarterly earnings data on Wednesday, May, 12th. The semiconductor company reported $0.31 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.04. The semiconductor company earned $347.20 million during the quarter, compared to analysts' expectations of $345.09 million. Tower Semiconductor had a trailing twelve-month return on equity of 6.65% and a net margin of 7.13%. Tower Semiconductor's revenue was up 15.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.20 EPS.
View Tower Semiconductor's earnings history.

Tower Semiconductor's stock was trading at $16.44 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TSEM shares have increased by 62.0% and is now trading at $26.64.
View which stocks have been most impacted by COVID-19.

Tower Semiconductor issued an update on its second quarter 2021 earnings guidance on Tuesday, June, 8th. The company provided EPS guidance of $- for the period. The company issued revenue guidance of $360 million-360 million, compared to the consensus revenue estimate of $351.41 million.

3 brokerages have issued 12-month price targets for Tower Semiconductor's stock. Their forecasts range from $37.00 to $40.00. On average, they expect Tower Semiconductor's stock price to reach $38.17 in the next year. This suggests a possible upside of 43.3% from the stock's current price.
View analysts' price targets for Tower Semiconductor or view top-rated stocks among Wall Street analysts.

Some companies that are related to Tower Semiconductor include IPG Photonics (IPGP), Cree (CREE), First Solar (FSLR), Lattice Semiconductor (LSCC), AU Optronics (AUOTY), Sumco (SUOPY), BE Semiconductor Industries (BESIY), Silicon Laboratories (SLAB), Amkor Technology (AMKR), Dialog Semiconductor (DLGNF), Synaptics (SYNA), Power Integrations (POWI), Cirrus Logic (CRUS), Allegro MicroSystems (ALGM) and Shoals Technologies Group (SHLS).
View all of TSEM's competitors.

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).

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

Tower Semiconductor's stock is owned by a number of institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (2.04%) and Taylor Frigon Capital Management LLC (0.21%).

TSEM stock was sold by a variety of institutional investors in the last quarter, including Taylor Frigon Capital Management LLC, and Vaughan Nelson Investment Management L.P..

Shares of TSEM 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.

One share of TSEM stock can currently be purchased for approximately $26.64.

Tower Semiconductor has a market capitalization of $2.85 billion and generates $1.27 billion in revenue each year. The semiconductor company earns $82.30 million in net income (profit) each year or $0.78 on an earnings per share basis.

Tower Semiconductor employs 5,511 workers across the globe.

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

Tower Semiconductor is headquartered at RAMAT GAVRIEL INDUSTRIAL PARK PO BOX 619, MIGDAL HAEMEK L3, 2310502.

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 (724) 650-6611 or via email at [email protected]