Positive News SentimentPositive NewsNASDAQ:TSEM Tower Semiconductor (TSEM) Stock Price, News & Analysis → It's time to ween off Chinese lithium! (From Smallcaps Daily) (Ad) Free TSEM Stock Alerts $37.30 -0.63 (-1.66%) (As of 06/7/2024 08:52 PM ET) Add Compare Share Share Today's Range$37.13▼$37.7250-Day Range$30.99▼$37.9352-Week Range$21.43▼$41.35Volume303,500 shsAverage Volume578,972 shsMarket Capitalization$4.08 billionP/E Ratio8.46Dividend YieldN/APrice Target$46.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Tower Semiconductor alerts: Email Address Tower Semiconductor MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside24.2% Upside$46.33 Price TargetShort InterestHealthy0.79% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.52Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth1.20%From $1.67 to $1.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.67 out of 5 starsComputer And Technology Sector320th out of 575 stocksSemiconductors & Related Devices Industry50th out of 86 stocks 2.5 Analyst's Opinion Consensus RatingTower Semiconductor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageTower Semiconductor has only been the subject of 3 research reports in the past 90 days.Read more about Tower Semiconductor's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.79% of the outstanding shares of Tower Semiconductor have been sold short.Short Interest Ratio / Days to CoverTower Semiconductor has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tower Semiconductor has recently decreased by 3.92%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldTower Semiconductor does not currently pay a dividend.Dividend GrowthTower Semiconductor does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TSEM. Previous Next 3.6 News and Social Media Coverage News SentimentTower Semiconductor has a news sentiment score of 1.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Tower Semiconductor this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for TSEM on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat Follows1 people have added Tower Semiconductor to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tower Semiconductor insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Tower Semiconductor is held by insiders.Percentage Held by Institutions70.51% of the stock of Tower Semiconductor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Tower Semiconductor's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Tower Semiconductor are expected to grow by 1.20% in the coming year, from $1.67 to $1.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tower Semiconductor is 8.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Tower Semiconductor is 8.46, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 235.15.Price to Book Value per Share RatioTower Semiconductor has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Tower Semiconductor's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Smallcaps DailyIt's time to ween off Chinese lithium!As the lithium rush continues, this small-cap NASDAQ-traded company may be one of the brightest and most promising companies to be watching closelyLearn how this American company is leading the lithium-ion revolution About Tower Semiconductor Stock (NASDAQ:TSEM)Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. 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 provides design enablement platform for quick and accurate 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 TSEM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TSEM Stock News HeadlinesMay 27, 2024 | msn.comIsrael stocks higher at close of trade; TA 35 up 0.03%May 17, 2024 | investorplace.comWall Street Favorites: 3 Under-$50 Stocks With Strong Buy Ratings for May 2024May 14, 2024 | msn.comSeth Klarman's Baupost cuts Warner Bros. stake, takes in SoundHound, among othersMay 12, 2024 | finance.yahoo.comEarnings Beat: Tower Semiconductor Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsMay 11, 2024 | nasdaq.comSusquehanna Upgrades Tower Semiconductor (TSEM)May 10, 2024 | finance.yahoo.comTower Semiconductor First Quarter 2024 Earnings: EPS: US$0.40 (vs US$0.65 in 1Q 2023)May 10, 2024 | finance.yahoo.comTower Semiconductor Ltd. (NASDAQ:TSEM) Q1 2024 Earnings Call TranscriptMay 9, 2024 | finance.yahoo.comTSEM: Tower Projects Sequential Revenue Improvement Throughout the Year Despite Industry DoldrumsMay 9, 2024 | finance.yahoo.comTower Semiconductor CEO Eyes Recovery, Projects Over 7% Growth Next QuarterMay 9, 2024 | seekingalpha.comTower Semiconductor Ltd. 2024 Q1 - Results - Earnings Call PresentationMay 9, 2024 | sfgate.comTower Semiconductor: Q1 Earnings SnapshotMay 9, 2024 | finance.yahoo.comTower Semiconductor beats profit estimates, sees more growth in 2024May 9, 2024 | finance.yahoo.comUPDATE 1-Tower Semiconductor beats profit estimates, sees more growth in 2024May 9, 2024 | investorplace.comTech Boom 2.0: 7 Stocks That Will Dominate the Next SurgeMay 9, 2024 | reuters.comTower Semiconductor Q1 revenue falls on weak demandMay 9, 2024 | globenewswire.comTower Semiconductor Reports 2024 First Quarter Financial ResultsMay 8, 2024 | markets.businessinsider.comTower Semiconductor earnings preview: what Wall Street is expectingMay 2, 2024 | globenewswire.comTower Semiconductor to Attend the 52nd Annual TD Cowen Technology, Media & Telecom ConferenceMay 1, 2024 | globenewswire.comTower Semiconductor to Participate in the 52nd Annual JP Morgan Global Technology, Media, and Communications ConferenceApril 24, 2024 | globenewswire.comTower Semiconductor Announces First Quarter 2024 Financial Results and Conference CallApril 23, 2024 | finance.yahoo.comThose who invested in Tower Semiconductor (NASDAQ:TSEM) five years ago are up 78%April 23, 2024 | money.usnews.comTower Semiconductor Ltd.April 18, 2024 | seekingalpha.comTower Semiconductor: Revenue Expected To Grow By 90% But Stay Prudent For NowApril 17, 2024 | msn.comIsrael stocks lower at close of trade; TA 35 down 1.03%April 9, 2024 | msn.comIsrael stocks lower at close of trade; TA 35 down 1.05%See More Headlines 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 Company Calendar Last Earnings5/09/2024Today6/10/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:TSEM CUSIPN/A CIK928876 Webwww.towerjazz.com Phone972-4650-6109Fax972-4654-7788Employees5,215Year FoundedN/APrice Target and Rating Average Stock Price Target$46.33 High Stock Price Target$55.00 Low Stock Price Target$40.00 Potential Upside/Downside+24.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.41 Trailing P/E Ratio8.46 Forward P/E Ratio22.34 P/E GrowthN/ANet Income$518.49 million Net Margins35.27% Pretax Margin37.75% Return on Equity8.78% Return on Assets7.21% Debt Debt-to-Equity Ratio0.06 Current Ratio5.38 Quick Ratio4.46 Sales & Book Value Annual Sales$1.42 billion Price / Sales2.87 Cash Flow$4.37 per share Price / Cash Flow8.54 Book Value$22.21 per share Price / Book1.68Miscellaneous Outstanding Shares109,290,000Free Float108,192,000Market Cap$4.08 billion OptionableOptionable Beta0.90 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Russell C. Ellwanger (Age 69)CEO & Director Mr. Dani Ashkenazi (Age 61)Senior Vice President of Excellence & Quality Mr. Guy Eristoff (Age 61)Senior VP & Chief Strategy Officer Mr. Ilan Rabinovich (Age 67)President & MD of Tower Italy SRL Mr. Jono KeijiChief Executive Officer of TPSCo - JapanKey CompetitorsAcacia CommunicationsNASDAQ:ACIAXperiNASDAQ:XPERSkyworks SolutionsNASDAQ:SWKSAstera LabsNASDAQ:ALABQorvoNASDAQ:QRVOView All CompetitorsInstitutional OwnershipBoston PartnersBought 269,476 shares on 5/28/2024Ownership: 0.301%Tidal Investments LLCBought 82,363 shares on 5/17/2024Ownership: 0.075%Walleye Trading LLCBought 6,400 shares on 5/17/2024Ownership: 0.000%Jane Street Group LLCBought 80,900 shares on 5/16/2024Ownership: 0.000%Janus Henderson Group PLCBought 201,944 shares on 5/16/2024Ownership: 0.722%View All Institutional Transactions TSEM Stock Analysis - Frequently Asked Questions Should I buy or sell Tower Semiconductor stock right now? 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" TSEM shares. View TSEM analyst ratings or view top-rated stocks. What is Tower Semiconductor's stock price target for 2024? 3 brokerages have issued twelve-month price objectives for Tower Semiconductor's stock. Their TSEM share price targets range from $40.00 to $55.00. On average, they anticipate the company's stock price to reach $46.33 in the next year. This suggests a possible upside of 24.2% from the stock's current price. View analysts price targets for TSEM or view top-rated stocks among Wall Street analysts. How have TSEM shares performed in 2024? Tower Semiconductor's stock was trading at $30.52 at the start of the year. Since then, TSEM shares have increased by 22.2% and is now trading at $37.30. View the best growth stocks for 2024 here. When is Tower Semiconductor's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our TSEM earnings forecast. How were Tower Semiconductor's earnings last quarter? Tower Semiconductor Ltd. (NASDAQ:TSEM) released its quarterly earnings results on Thursday, May, 9th. The semiconductor company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.08. The semiconductor company earned $327.24 million during the quarter, compared to the consensus estimate of $325 million. Tower Semiconductor had a net margin of 35.27% and a trailing twelve-month return on equity of 8.78%. What ETFs hold Tower Semiconductor's stock? ETFs with the largest weight of Tower Semiconductor (NASDAQ:TSEM) stock in their portfolio include ProShares Nanotechnology ETF (TINY), ProShares S&P Kensho Smart Factories ETF (MAKX), Amplify BlueStar Israel Technology ETF (ITEQ), ARK Israel Innovative Technology ETF (IZRL), VanEck Israel ETF (ISRA), Defiance Quantum ETF (QTUM) and SPDR FactSet Innovative Technology ETF (XITK).Columbia Seligman Semiconductor and Technology ETF (SEMI). What guidance has Tower Semiconductor issued on next quarter's earnings? Tower Semiconductor updated its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $332.5 million-$367.5 million, compared to the consensus revenue estimate of $334.8 million. 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 Onsemi (ON). Who are Tower Semiconductor's major shareholders? Tower Semiconductor's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.47%), Harel Insurance Investments & Financial Services Ltd. (3.33%), Jennison Associates LLC (2.43%), Meitav Investment House Ltd. (1.77%), William Blair Investment Management LLC (0.95%) and Jane Street Group LLC (0.00%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:TSEM) was last updated on 6/10/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. 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