Tower Semiconductor Ltd. (TSEM)

NASDAQ: TSEM · Real-Time Price · USD
51.01
+0.46 (0.91%)
At close: Jan 14, 2025, 4:00 PM
50.75
-0.26 (-0.51%)
Pre-market: Jan 15, 2025, 4:45 AM EST
0.91%
Market Cap 5.68B
Revenue (ttm) 1.40B
Net Income (ttm) 206.57M
Shares Out 111.29M
EPS (ttm) 1.84
PE Ratio 27.71
Forward PE 24.18
Dividend n/a
Ex-Dividend Date n/a
Volume 474,321
Open 50.96
Previous Close 50.55
Day's Range 50.60 - 51.64
52-Week Range 28.02 - 54.27
Beta 0.89
Analysts Strong Buy
Price Target 60.00 (+17.62%)
Earnings Date Feb 12, 2025

About 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 s... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Oct 25, 1994
Employees 5,613
Stock Exchange NASDAQ
Ticker Symbol TSEM
Full Company Profile

Financial Performance

In 2023, Tower Semiconductor's revenue was $1.42 billion, a decrease of -15.20% compared to the previous year's $1.68 billion. Earnings were $518.49 million, an increase of 95.98%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for TSEM stock is "Strong Buy." The 12-month stock price forecast is $60.0, which is an increase of 17.62% from the latest price.

Price Target
$60.0
(17.62% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Tower Semiconductor to Attend the 27th Annual Needham Growth Conference in New York

MIGDAL HAEMEK, Israel, December 30, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced that its company representatives w...

15 days ago - GlobeNewsWire

Tower Semiconductor Releases 300mm 65nm 3.3V-Based BCD Power Management Platform

Delivering high-efficiency power, high-performance analog, and high-density digital in a single power management platform for mobile, AI, and data center applications

22 days ago - GlobeNewsWire

Tower Semiconductor Awarded by Semtech for Manufacturing Excellence and Partnership

In recognition of its superb performance and execution of CY2024 wafer shipments  MIGDAL HAEMEK, Israel, Dec. 10, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value anal...

5 weeks ago - GlobeNewsWire

Tower Semiconductor Releases 300mm Silicon Photonics Process as a Standard Foundry Offering

Featuring industry-leading figures of merit addressing the evolving needs for next-generation datacom applications

7 weeks ago - GlobeNewsWire

Tower Semiconductor Begins Production of 1.6Tbps Optical Transceivers on its Latest Silicon Photonics Platform

Tower Semiconductor Begins Production of 1.6Tbps Optical Transceivers on its Latest Silicon Photonics Platform.

2 months ago - GlobeNewsWire

Tower Semiconductor Analyst Raises Forecast On 'Aggressive AI-Levered Demand'

Tower Semiconductor Ltd TSEM tanked in trading on Thursday, after the company reported upbeat third-quarter results.

2 months ago - Benzinga

Tower Semiconductor Ltd. (TSEM) Q3 2024 Earnings Call Transcript

Tower Semiconductor Ltd. (NASDAQ:TSEM) Q3 2024 Results Conference Call November 13, 2024 10:00 AM ET Company Participants Noit Levi - Senior Vice President of Investor Relations and Corporate Communi...

2 months ago - Seeking Alpha

Tower Semiconductor forecasts upbeat Q4 revenue; unveils $350 mln investment plan

Israeli contract chipmaker Tower Semiconductor forecast its fourth-quarter revenue above estimates on Wednesday, driven by a recovery in demand for its chips, and said it plans to invest $350 million ...

2 months ago - Reuters

Tower Semiconductor Reports 2024 Third Quarter Financial Results

2024 Fourth Q uarter Revenue Guidance Completes Year of Quarter Over Quarter Growth

2 months ago - GlobeNewsWire

Top Wall Street Forecasters Revamp Tower Semiconductor Price Expectations Ahead Of Q3 Earnings

Tower Semiconductor Ltd. TSEM will release earnings results for its third quarter, before the opening bell on Wednesday, Nov. 13.

2 months ago - Benzinga

Tower Semiconductor Earnings: Fantastic YTD Run, Looking For A Pullback

Tower Semiconductor Ltd. is expected to report Q3 '24 earnings on November 13th, with analysts predicting $0.53 and $0.47 EPS on $370M in sales. I am downgrading the company to a hold due to slow reve...

2 months ago - Seeking Alpha

Tower Semiconductor Announces Third Quarter 2024 Financial Results and Conference Call

MIGDAL HAEMEK, Israel – October 21, 2024 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its third quarter 2024 earnings releas...

3 months ago - GlobeNewsWire

AI-Driven Growth And A Strong Balance Sheet Make Tower Semiconductor Shine

Tower Semiconductor (TSEM) is a specialty pure-play foundry offering customizable process technologies and poised to benefit from the AI boom due to its flexibility and strong financial position. TSEM...

3 months ago - Seeking Alpha

Tower Semiconductor Sets a New RFSOI Standard with Broadcom's Wi-Fi RF Front-End Modules for Next-Gen Mobile Applications

Leading-Edge Wi-Fi 7 RF FEMs based on Tower's Advanced 300mm RFSOI Technology Deliver Enhanced Mobile Connectivity Performance and Efficiency

4 months ago - GlobeNewsWire

Israel's Tower Semiconductor ties up with Adani group for $10 bln chip project in India

Israel's Tower Semiconductor and Adani Group will invest 839.47 billion rupees ($10.01 billion) for a semiconductor project in India's western state of Maharashtra, its chief minister said in a post o...

4 months ago - Reuters

Empowering the Future: Tower Semiconductor Announces 2024 Technical Global Symposium to Showcase Analog Technology Advancements

MIGDAL HAEMEK, Israel, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high value analog semiconductor solutions, today announced its annual Technical...

5 months ago - GlobeNewsWire

Tower Semiconductor Ltd. (TSEM) Q2 2024 Earnings Call Transcript

Tower Semiconductor Ltd. (NASDAQ:TSEM) Q2 2024 Earnings Conference Call July 24, 2024 10:00 AM ET Company Participants Noit Levi - Senior Vice President of Investor Relations and Corporate Communicat...

6 months ago - Seeking Alpha

Tower Semiconductor Reports 2024 Second Quarter Financial Results

MIGDAL HAEMEK, Israel, July 24, 2024 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the second quarter ended June 30, 2024.

6 months ago - GlobeNewsWire

Tower Semiconductor Announces Second Quarter 2024 Financial Results and Conference Call

MIGDAL HAEMEK, Israel – July 3, 2024 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its second quarter 2024 earnings release o...

7 months ago - GlobeNewsWire

Tower Semiconductor Ltd. (TSEM) Q1 2024 Earnings Call Transcript

Tower Semiconductor Ltd. (NASDAQ:TSEM) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Noit Levy - Senior Vice President, Investor Relations and Corporate Communications...

8 months ago - Seeking Alpha

Tower Semiconductor Q1 revenue falls on weak demand

Israel-based contract chipmaker Tower Semiconductor reported a 7% decline in first-quarter revenue on Thursday reflecting muted demand from the industrial and automotive sectors.

8 months ago - Reuters

Tower Semiconductor Reports 2024 First Quarter Financial Results

MIGDAL HAEMEK, Israel, May 09, 2024 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the first quarter ended March 31, 2024. First Quarter of 2024 Resu...

8 months ago - GlobeNewsWire

Tower Semiconductor to Attend the 52nd Annual TD Cowen Technology, Media & Telecom Conference

MIGDAL HAEMEK, Israel, May 02, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced that its President, Dr. Marco Racanelli...

9 months ago - GlobeNewsWire

Tower Semiconductor to Participate in the 52nd Annual JP Morgan Global Technology, Media, and Communications Conference

MIGDAL HAEMEK, Israel, May 01, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced that its Chief Executive Officer, Russe...

9 months ago - GlobeNewsWire

Tower Semiconductor Announces First Quarter 2024 Financial Results and Conference Call

MIGDAL HAEMEK, Israel – April 24, 2024 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its first quarter 2024 earnings release ...

9 months ago - GlobeNewsWire