Q3 EPS Estimate for Tower Semiconductor Boosted by Analyst

Tower Semiconductor Ltd. (NASDAQ:TSEM) – Equities researchers at Zacks Research increased their Q3 2026 earnings estimates for Tower Semiconductor in a research report issued on Tuesday, August 4th. Zacks Research analyst L. Thompson now expects that the semiconductor company will earn $0.95 per share for the quarter, up from their previous estimate of $0.78. The consensus estimate for Tower Semiconductor’s current full-year earnings is $3.04 per share. Zacks Research also issued estimates for Tower Semiconductor’s Q4 2026 earnings at $1.16 EPS, FY2026 earnings at $3.50 EPS and FY2027 earnings at $5.68 EPS.

Several other equities research analysts have also commented on TSEM. National Bank Financial upgraded Tower Semiconductor to a “buy” rating in a research note on Friday. UBS Group reaffirmed a “buy” rating on shares of Tower Semiconductor in a research note on Wednesday, July 15th. Benchmark reiterated a “buy” rating on shares of Tower Semiconductor in a report on Wednesday, August 5th. Bank of America began coverage on shares of Tower Semiconductor in a research report on Friday, August 7th. They set a “buy” rating and a $367.00 target price for the company. Finally, Wedbush raised their price target on shares of Tower Semiconductor from $140.00 to $300.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $294.80.

Tower Semiconductor Price Performance

Shares of Tower Semiconductor stock opened at $249.58 on Wednesday. Tower Semiconductor has a twelve month low of $45.51 and a twelve month high of $319.94. The stock has a market capitalization of $28.07 billion, a P/E ratio of 98.65 and a beta of 0.90. The company has a current ratio of 4.91, a quick ratio of 4.31 and a debt-to-equity ratio of 0.04. The business’s fifty day moving average price is $244.33 and its 200 day moving average price is $203.03.

Tower Semiconductor (NASDAQ:TSEM) last announced its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.12. The company had revenue of $460.08 million during the quarter, compared to analysts’ expectations of $454.68 million. Tower Semiconductor had a net margin of 16.94% and a return on equity of 9.83%. The business’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.41 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in Tower Semiconductor by 0.8% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,002,806 shares of the semiconductor company’s stock worth $352,589,000 after acquiring an additional 25,000 shares during the period. Rockingstone Advisors LLC purchased a new stake in shares of Tower Semiconductor during the fourth quarter valued at approximately $5,296,000. Swiss National Bank raised its stake in shares of Tower Semiconductor by 86.0% during the first quarter. Swiss National Bank now owns 414,850 shares of the semiconductor company’s stock valued at $70,625,000 after purchasing an additional 191,839 shares during the period. GF Fund Management CO. LTD. raised its stake in shares of Tower Semiconductor by 26,835.5% during the fourth quarter. GF Fund Management CO. LTD. now owns 308,412 shares of the semiconductor company’s stock valued at $36,214,000 after purchasing an additional 307,267 shares during the period. Finally, WT Asset Management Ltd acquired a new position in shares of Tower Semiconductor during the fourth quarter worth $78,967,000. Institutional investors and hedge funds own 70.51% of the company’s stock.

About Tower Semiconductor

Tower Semiconductor, traded on NASDAQ under the symbol TSEM, is a specialty foundry company that provides analog and mixed-signal semiconductor manufacturing services to a broad array of customers worldwide. The company focuses on delivering tailored process technologies for high-growth markets, including radio frequency (RF), power management, imaging, automotive electronics, and Internet of Things (IoT) applications. By combining deep process know-how with flexible manufacturing capabilities, Tower Semiconductor supports the development and volume production of advanced semiconductor devices for fabless and integrated device manufacturer customers.

The company’s technology portfolio spans standard and specialty processes such as CMOS, BiCMOS, high-voltage, radio frequency, silicon photonics, micro-electromechanical systems (MEMS) and image sensor production.