Tower Semiconductor Ltd. (TSEM)
NASDAQ: TSEM · IEX Real-Time Price · USD
39.35
-0.32 (-0.81%)
At close: Jul 2, 2024, 4:00 PM
39.10
-0.25 (-0.64%)
After-hours: Jul 2, 2024, 6:50 PM EDT
Tower Semiconductor Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Tower Semiconductor stock have an average target of 46.33, with a low estimate of 40 and a high estimate of 55. The average target predicts an increase of 17.74% from the current stock price of 39.35.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for TSEM stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 0 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | +1.65% | May 10, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $40 → $44 | Strong Buy | Maintains | $40 → $44 | +11.82% | May 10, 2024 |
| Susquehanna | Susquehanna | Hold → Buy Upgrades $36 → $55 | Hold → Buy | Upgrades | $36 → $55 | +39.77% | May 10, 2024 |
| Susquehanna | Susquehanna | Hold Initiates $36 | Hold | Initiates | $36 | -8.51% | Feb 29, 2024 |
| Benchmark | Benchmark | Strong Buy Initiates $36 | Strong Buy | Initiates | $36 | -8.51% | Oct 25, 2023 |
Financial Forecast
Revenue This Year
1.46B
from 1.42B
Increased by 2.27%
Revenue Next Year
1.60B
from 1.46B
Increased by 10.17%
EPS This Year
1.94
from 4.66
Decreased by -58.30%
EPS Next Year
2.27
from 1.94
Increased by 16.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.5B | 1.7B | 1.8B |
| Avg | 1.5B | 1.6B | 1.7B |
| Low | 1.4B | 1.5B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.6% | 18.6% | 9.6% |
| Avg | 2.3% | 10.2% | 6.5% |
| Low | -2.1% | 1.0% | 2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.02 | 2.63 | 2.70 |
| Avg | 1.94 | 2.27 | 2.62 |
| Low | 1.85 | 1.89 | 2.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -56.7% | 35.1% | 19.0% |
| Avg | -58.3% | 16.7% | 15.6% |
| Low | -60.3% | -2.7% | 11.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.