Tower Semiconductor Ltd. (TSEM)

Market Cap	5.40B
Revenue (ttm)	1.40B
Net Income (ttm)	206.57M
Shares Out	111.29M
EPS (ttm)	1.84
PE Ratio	26.01
Forward PE	22.70
Dividend	n/a
Ex-Dividend Date	n/a

Volume	82,944
Open	47.87
Previous Close	47.87
Day's Range	47.81 - 48.60
52-Week Range	27.15 - 50.25
Beta	0.92
Analysts	Strong Buy
Price Target	60.00 (+23.64%)
Earnings Date	Nov 13, 2024

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...

• Industry: Semiconductors
• Sector: Technology
• IPO Date: Oct 25, 1994
• Employees: 5,613
• Stock Exchange: NASDAQ
• Ticker Symbol: TSEM
• Website: https://towersemi.com

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%.

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 23.64% from the latest price.

Price Target

$60.0

(23.64% upside)

Analyst Consensus: Strong Buy