Tower Semiconductor Ltd. (TSEM)
NASDAQ: TSEM · Real-Time Price · USD
41.03
-0.91 (-2.17%)
At close: Nov 4, 2024, 4:00 PM
41.01
-0.02 (-0.05%)
Pre-market: Nov 5, 2024, 7:06 AM EST
Tower Semiconductor Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Tower Semiconductor stock have an average target of 51.33, with a low estimate of 44 and a high estimate of 55. The average target predicts an increase of 25.10% from the current stock price of 41.03.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 9, 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $55 | Strong Buy | Reiterates | $55 | +34.05% | Sep 9, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | -2.51% | May 10, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $40 → $44 | Strong Buy | Maintains | $40 → $44 | +7.24% | May 10, 2024 |
| Susquehanna | Susquehanna | Hold → Buy Upgrades $36 → $55 | Hold → Buy | Upgrades | $36 → $55 | +34.05% | May 10, 2024 |
| Susquehanna | Susquehanna | Hold Initiates $36 | Hold | Initiates | $36 | -12.26% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
1.46B
from 1.42B
Increased by 2.41%
Revenue Next Year
1.62B
from 1.46B
Increased by 10.91%
EPS This Year
2.11
from 4.66
Decreased by -54.64%
EPS Next Year
2.37
from 2.11
Increased by 12.30%
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 | 5.8% | 18.7% | 8.7% |
| Avg | 2.4% | 10.9% | 5.6% |
| Low | -1.8% | 2.3% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.18 | 2.63 | 2.70 |
| Avg | 2.11 | 2.37 | 2.62 |
| Low | 2.02 | 2.06 | 2.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -53.1% | 24.2% | 13.7% |
| Avg | -54.6% | 12.3% | 10.4% |
| Low | -56.7% | -2.6% | 6.1% |
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.