Tower Semiconductor (NASDAQ:TSEM – Free Report) had its price objective hoisted by Benchmark from $165.00 to $230.00 in a research report report published on Thursday,Benzinga reports. The brokerage currently has a buy rating on the semiconductor company’s stock.
A number of other equities research analysts also recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tower Semiconductor in a research note on Monday, December 29th. Barclays raised their price objective on shares of Tower Semiconductor from $114.00 to $142.00 and gave the company an “equal weight” rating in a research report on Friday, February 13th. Wedbush increased their target price on Tower Semiconductor from $125.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. Finally, Susquehanna restated a “positive” rating and set a $180.00 price target on shares of Tower Semiconductor in a research report on Thursday, February 12th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Tower Semiconductor has a consensus rating of “Hold” and a consensus target price of $173.00.
Check Out Our Latest Report on TSEM
Tower Semiconductor Stock Down 1.6%
Tower Semiconductor (NASDAQ:TSEM – Get Free Report) last posted its earnings results on Wednesday, February 11th. The semiconductor company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.67 by $0.11. Tower Semiconductor had a return on equity of 7.86% and a net margin of 14.08%.The business had revenue of $440.21 million during the quarter, compared to analysts’ expectations of $439.81 million. During the same period in the previous year, the business earned $0.49 earnings per share. The firm’s revenue was up 13.7% on a year-over-year basis. Equities research analysts expect that Tower Semiconductor will post 1.67 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. USA Financial Formulas purchased a new stake in Tower Semiconductor during the 4th quarter valued at about $27,000. CIBC Private Wealth Group LLC lifted its position in Tower Semiconductor by 254.2% in the third quarter. CIBC Private Wealth Group LLC now owns 418 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 300 shares during the last quarter. Westside Investment Management Inc. boosted its stake in shares of Tower Semiconductor by 100.0% during the third quarter. Westside Investment Management Inc. now owns 452 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 226 shares during the period. Advisory Services Network LLC bought a new position in shares of Tower Semiconductor in the third quarter worth approximately $48,000. Finally, Covestor Ltd purchased a new position in shares of Tower Semiconductor in the third quarter worth $52,000. Hedge funds and other institutional investors own 70.51% of the company’s stock.
Trending Headlines about Tower Semiconductor
Here are the key news stories impacting Tower Semiconductor this week:
- Positive Sentiment: Benchmark raised its price target sharply to $230 and reiterated a Buy, providing a strong analyst-backed valuation boost for Tower and reinforcing upside expectations. Benchmark Raises PT to $230
- Positive Sentiment: Wedbush says Tower’s gaining control of TPSCo could unlock “meaningful upside” — a structural corporate development that could materially improve integration, margins and long-term value. Wedbush: TPSCo Control Upside
- Positive Sentiment: Coverage highlighting Tower’s RF connectivity strategy is reframing the investment narrative from a commodity foundry to a differentiated supplier in RF, optics and specialty processes — an earnings and growth re-rate catalyst if adoption continues. RF Connectivity Story
- Neutral Sentiment: Tower is signaling optics-driven capacity expansion (SiPh/SiGe) and restructuring to boost production; that supports longer-term revenue potential but also requires upfront capex and execution. Analysts note the plan is constructive but it’s a medium-term play. Optics-driven Growth & Capacity
- Neutral Sentiment: Tower has publicized new AI power technologies and product initiatives that align with secular AI demand; these are incremental positives but require customer wins and volume to move the needle. AI Power Tech Unveiled
- Negative Sentiment: GlobalFoundries has filed lawsuits (ITC and federal court) alleging Tower infringes 11 U.S. patents — the most immediate risk: injunctions, import blocks or damages that could materially disrupt sales or force costly licensing/settlements. This legal action is the primary short-term driver putting pressure on the share price. Reuters: GF Sues Tower WSJ: GF Lawsuit
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.
Further Reading
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