Tower Semiconductor’s (TSEM) “Outperform” Rating Reiterated at Wedbush

Wedbush reaffirmed their outperform rating on shares of Tower Semiconductor (NASDAQ:TSEM) in a report issued on Tuesday morning,RTT News reports. They currently have a $60.00 price objective on the semiconductor company’s stock. Wedbush also issued estimates for Tower Semiconductor’s Q4 2025 earnings at $0.55 EPS, Q2 2026 earnings at $0.60 EPS, Q3 2026 earnings at $0.73 EPS and Q4 2026 earnings at $0.75 EPS.

A number of other research firms have also recently commented on TSEM. StockNews.com cut Tower Semiconductor from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Craig Hallum lifted their price objective on Tower Semiconductor from $54.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Susquehanna lifted their price objective on Tower Semiconductor from $55.00 to $60.00 and gave the stock a “positive” rating in a research report on Thursday, November 14th. Finally, Benchmark reiterated a “buy” rating and set a $60.00 price objective on shares of Tower Semiconductor in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Tower Semiconductor has an average rating of “Moderate Buy” and an average target price of $60.00.

Tower Semiconductor Trading Up 5.9 %

NASDAQ:TSEM opened at $48.21 on Tuesday. The company has a market capitalization of $5.34 billion, a PE ratio of 26.06 and a beta of 0.88. The company has a quick ratio of 4.89, a current ratio of 5.82 and a debt-to-equity ratio of 0.05. Tower Semiconductor has a 52-week low of $29.62 and a 52-week high of $55.31. The stock has a fifty day simple moving average of $50.60 and a 200-day simple moving average of $45.76.

Tower Semiconductor (NASDAQ:TSEM) last released its quarterly earnings results on Wednesday, November 13th. The semiconductor company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.12. The business had revenue of $370.50 million during the quarter, compared to the consensus estimate of $370.30 million. Tower Semiconductor had a return on equity of 8.22% and a net margin of 14.75%. The business’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.47 EPS. On average, equities research analysts expect that Tower Semiconductor will post 1.81 earnings per share for the current fiscal year.

Institutional Trading of Tower Semiconductor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TSEM. Point72 Asset Management L.P. grew its holdings in Tower Semiconductor by 203.8% in the 3rd quarter. Point72 Asset Management L.P. now owns 3,105,383 shares of the semiconductor company’s stock valued at $137,444,000 after buying an additional 2,083,262 shares during the period. Summit Partners Public Asset Management LLC grew its holdings in Tower Semiconductor by 1,146.9% in the 3rd quarter. Summit Partners Public Asset Management LLC now owns 1,496,315 shares of the semiconductor company’s stock valued at $66,227,000 after buying an additional 1,376,315 shares during the period. Invesco Ltd. grew its holdings in Tower Semiconductor by 251.9% in the 4th quarter. Invesco Ltd. now owns 1,761,235 shares of the semiconductor company’s stock valued at $90,721,000 after buying an additional 1,260,683 shares during the period. Neumeier Poma Investment Counsel LLC purchased a new stake in Tower Semiconductor in the 4th quarter valued at about $33,034,000. Finally, American Century Companies Inc. purchased a new stake in shares of Tower Semiconductor during the 4th quarter worth about $20,015,000. Hedge funds and other institutional investors own 70.51% of the company’s stock.

About Tower Semiconductor

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.