Tower Semiconductor Ltd. (TSEM)

NASDAQ: TSEM · IEX Real-Time Price · USD
44.24
-0.08 (-0.18%)
Oct 4, 2022 12:40 PM EDT - Market open
-0.18%
Market Cap 4.87B
Revenue (ttm) 1.65B
Net Income (ttm) 202.93M
Shares Out 110.02M
EPS (ttm) 1.81
PE Ratio 24.44
Forward PE 17.64
Dividend n/a
Ex-Dividend Date n/a
Volume 168,803
Open 44.48
Previous Close 44.32
Day's Range 44.03 - 44.48
52-Week Range 28.42 - 49.13
Beta 1.04
Analysts Sell
Price Target 52.36 (+18.4%)
Earnings Date Nov 7, 2022

About TSEM

Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal semiconductor devices in the United States, Japan, other Asia countries, and Europe. 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 offers wafer fabrication services and design enablement platform for design cycle, as well as transfer optimization and development process services to integrated d... [Read more...]

Industry Semiconductors & Semiconductor Equipment
IPO Date Oct 25, 1994
CEO Russell Ellwanger
Employees 2,021
Stock Exchange NASDAQ
Ticker Symbol TSEM
Full Company Profile

Financial Performance

In 2021, TSEM's revenue was $1.51 billion, an increase of 19.16% compared to the previous year's $1.27 billion. Earnings were $150.01 million, an increase of 82.27%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for TSEM stock is "Sell." The 12-month stock price forecast is 52.36, which is an increase of 18.35% from the latest price.

Price Target
$52.36
(18.35% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Semiconductor Stocks Brace For Chip Cycle Downturn

Semiconductor stocks are showing signs of bottoming. But investor sentiment remains negative ahead of third-quarter earnings season.

Other symbols: GFSINTCON
2 weeks ago - Investors Business Daily

Tower Semiconductor Reports Second Quarter 2022 Record Revenue of $426 Million Year over Year Revenue Growth of 18% T...

MIGDAL HAEMEK, Israel, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the second quarter ended June 30, 2022.

2 months ago - GlobeNewsWire

Tower Semiconductor and Cadence Expand Collaboration to Accelerate Automotive IC Development

SAN JOSE, Calif. & MIGDAL HAEMEK, Israel--(BUSINESS WIRE)--Cadence and Tower Semiconductor today announced a collaboration to advance automotive and mobile IC development.

Other symbols: CDNS
2 months ago - Business Wire

Tower Semiconductor Announces Second Quarter 2022 Earnings Release Date

MIGDAL HAEMEK, Israel – July 1 3 , 202 2 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2022 earnings on Tues...

2 months ago - GlobeNewsWire

Tower Semiconductor to Present at IMS 2022 Highlighting Recent Innovations in RF Foundry Technology

Selected p resentations and workshop s by Company's lead engineering experts

3 months ago - GlobeNewsWire

Tower Semiconductor to Showcase Key Process and PDK Features of Its Silicon Photonics Process

W ebinar will demonstrate an end-to-end design flow for PIC design on Tower's PH18 Process

3 months ago - GlobeNewsWire

Teledyne e2v Topaz image sensor earns Vision Systems Design 2022 Innovators Award

Award-winning sensor utilizes Tower Semiconductor's state-of-the-art 65nm,  low noise, global-shutter pixel technology

3 months ago - GlobeNewsWire

Tower Semiconductor Reports First Quarter 2022 Record revenue of $421 Million, a 21 Percent Year over Year Revenue Gr...

MIGDAL HAEMEK, Israel, May 16, 2022 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the first quarter ended March 31, 2022.

4 months ago - GlobeNewsWire

Tower Semiconductor Expands its Leading-Edge Power Management Platforms Supporting Higher Power and Higher Voltage ICs

Releasing its second-generation 65nm BCD scalable power LDMOS exp a nding voltages to 24V operation and 20% lower Rdson ; and adding d eep trench isolation (DTI) to its 180nm BCD platform enabling up to...

4 months ago - GlobeNewsWire

Tower Semiconductor Announces First Quarter 2022 Earnings Release Date

MIGDAL HAEMEK, Israel – May 2 , 202 2 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its first-quarter 2022 earnings on Monday, ...

5 months ago - GlobeNewsWire

Tower Shareholders Approve Intel Merger at Extraordinary General Meeting

MIGDAL HAEMEK, Israel, April 25, 2022 – Tower Semiconductor Ltd. (Nasdaq: TSEM), a leading foundry for analog semiconductor solutions, is pleased to announce today that at its extraordinary general meet...

5 months ago - GlobeNewsWire

Intel's $5 Billion Bet on Tower Semiconductor

It's all part of the plan to become a leading semiconductor foundry.

Other symbols: INTC
7 months ago - The Motley Fool

TOWER SEMICONDUCTOR INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates A...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tower Semiconducto...

7 months ago - Business Wire

Israel's Tower Semiconductor profit jumps amid pending sale to Intel

Tower Semiconductor on Thursday reported a higher than expected rise in quarterly profit, days after Intel Corp said it planned to buy the Israeli chipmaker.

Other symbols: INTC
7 months ago - Reuters

Tower Semiconductor Reports 2021 Fourth Quarter and Full Year Financial Results

MIGDAL HAEMEK, Israel, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the fourth quarter and for the year ended December 31, 2021.

7 months ago - GlobeNewsWire

What Do Analysts Think About Intel After Tower Semiconductor Deal

Analysts had mixed views on Intel Corp (NASDAQ: INTC) after yesterday's reports about Intel nearing a deal to acquire Tower Semiconductor Ltd (NASDAQ: TSEM) for $6 billion.  Northland analyst Gus Richar...

Other symbols: INTC
7 months ago - Benzinga

Intel is spending $5.4 billion on a new acquisition

Intel is buying Israel-based Tower Semiconductor for $53 a share.

Other symbols: INTC
7 months ago - The Dog of Wall Street

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Tower Semiconductor Ltd.

Wilmington, Delaware--(Newsfile Corp. - February 15, 2022) - Rigrodsky Law, P.A. is investigating Tower Semiconductor Ltd. ("Tower") (NASDAQ: TSEM) regarding possible breaches of fiduciary duties and ot...

7 months ago - Newsfile Corp

The Ratings Game: Tower Semi deal won't solve Intel's margin issues, analysts say

Intel Corp. is attempting to acquire Israel-based chip maker Tower Semiconductor Ltd. for $5.4 billion, but analysts say the deal wouldn't fix some of the chip maker's biggest issues.

Other symbols: INTC
7 months ago - Market Watch

Intel Is Buying Tower Semiconductor for $5.4 Billion

Intel Corporation ( INTC , Financial) and Tower Semiconductor ( TSEM , Financial), a leading foundry for analog semiconductor solutions, have announced a definitive agreement under which Intel will acqu...

Other symbols: INTC
7 months ago - GuruFocus

Intel's acquisition of Tower Semiconductor 'is a really significant growth opportunity': Analyst

# Futurum Research Principal Analyst Daniel Newman joins Yahoo Finance's Brian Cheung to discuss how Intel acquiring Tower Semiconductor will bring in more growth opportunities.

Other symbols: INTC
7 months ago - Yahoo Finance

Why Tower Semiconductor Stock Exploded Higher Tuesday

The semiconductor foundry got a compelling acquisition proposal.

7 months ago - The Motley Fool

Intel to acquire Tower Semiconductor in $5.4 billion deal

Intel has agreed to buy Tower Semiconductor in a deal valued at $5.4 billion. CNBC's 'Squawk on the Street' team breaks down the deal.

Other symbols: INTC
7 months ago - CNBC Television

Intel to Buy Tower Semiconductors for $5.4B as Chip Demand Remains High

The deal will let Intel offer more specialty technologies, like radio frequency and industrial sensors.

Other symbols: INTC
7 months ago - CNET

TSEM Stock Alert: 8 Things to Know About the Intel-Tower Semiconductor Deal

Shares of TSEM stock are flying higher by over 40% this morning after Intel agreed to pay $53 per share for the Israeli-based chipmaker. The post TSEM Stock Alert: 8 Things to Know About the Intel-Tower...

Other symbols: INTC
7 months ago - InvestorPlace