Tower Semiconductor - TSEM Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tower Semiconductor in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TSEM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TSEM, but not buy additional shares or sell existing shares.
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3 analysts have issued 12-month price targets for Tower Semiconductor's shares. Their TSEM share price forecasts range from $45.00 to $50.00. On average, they anticipate the company's share price to reach $47.00 in the next twelve months. This suggests a possible upside of 5.0% from the stock's current price.
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Tower Semiconductor's stock was trading at $39.68 at the beginning of the year. Since then, TSEM shares have increased by 12.8% and is now trading at $44.76.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our TSEM earnings forecast.

Tower Semiconductor Ltd. (NASDAQ:TSEM) announced its earnings results on Monday, November, 8th. The semiconductor company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.04. The semiconductor company earned $386.71 million during the quarter, compared to analyst estimates of $384.98 million. Tower Semiconductor had a trailing twelve-month return on equity of 12.57% and a net margin of 12.33%. The company's revenue was up 24.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 EPS.

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."

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.
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One share of TSEM stock can currently be purchased for approximately $44.76.

Tower Semiconductor (NASDAQ:TSEM) has a market capitalization of $4.89 billion and generates $1.51 billion in revenue each year. The semiconductor company earns $150.01 million in net income (profit) each year or $1.85 on an earnings per share basis.

The company employs 5,887 workers across the globe.

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 (724) 650-6611, via email at noit.levi@towerjazz.com, or via fax at 972-4654-7788.