Tower Semiconductor (NASDAQ:TSEM) Shares Down 3.1% – What’s Next?

Tower Semiconductor Ltd. (NASDAQ:TSEM)’s stock price dropped 3.1% on Friday . The stock traded as low as $72.88 and last traded at $73.80. Approximately 213,035 shares traded hands during trading, a decline of 75% from the average daily volume of 853,393 shares. The stock had previously closed at $76.19.

Wall Street Analysts Forecast Growth

TSEM has been the subject of several analyst reports. Barclays initiated coverage on Tower Semiconductor in a report on Thursday, September 18th. They set an “equal weight” rating and a $74.00 price target for the company. Benchmark lifted their price objective on Tower Semiconductor from $66.00 to $73.00 and gave the stock a “buy” rating in a report on Monday, September 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Tower Semiconductor in a research report on Saturday, September 27th. Susquehanna set a $66.00 price target on shares of Tower Semiconductor and gave the company a “positive” rating in a report on Tuesday, August 5th. Finally, Wedbush set a $65.00 price target on shares of Tower Semiconductor and gave the stock an “outperform” rating in a research note on Tuesday, August 5th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $67.60.

Tower Semiconductor Trading Down 4.5%

The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.50 and a current ratio of 6.57. The stock has a market capitalization of $8.06 billion, a PE ratio of 41.82 and a beta of 0.87. The stock has a 50-day moving average price of $58.91 and a two-hundred day moving average price of $46.45.

Tower Semiconductor (NASDAQ:TSEM) last posted its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.06). Tower Semiconductor had a net margin of 13.20% and a return on equity of 7.37%. The company had revenue of $372.06 million for the quarter, compared to analysts’ expectations of $371.63 million. During the same period in the previous year, the firm earned $0.53 earnings per share. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. Tower Semiconductor has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Tower Semiconductor Ltd. will post 1.67 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TSEM. Senvest Management LLC lifted its holdings in Tower Semiconductor by 0.9% in the 2nd quarter. Senvest Management LLC now owns 8,128,614 shares of the semiconductor company’s stock worth $352,375,000 after purchasing an additional 69,207 shares in the last quarter. Vanguard Group Inc. boosted its stake in Tower Semiconductor by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 4,087,155 shares of the semiconductor company’s stock worth $145,106,000 after purchasing an additional 93,868 shares during the period. Jennison Associates LLC boosted its stake in Tower Semiconductor by 2.3% in the 1st quarter. Jennison Associates LLC now owns 2,546,357 shares of the semiconductor company’s stock worth $90,803,000 after purchasing an additional 57,544 shares during the period. Meitav Investment House Ltd. boosted its stake in Tower Semiconductor by 1.0% in the 2nd quarter. Meitav Investment House Ltd. now owns 2,242,514 shares of the semiconductor company’s stock worth $97,247,000 after purchasing an additional 22,873 shares during the period. Finally, Wellington Management Group LLP boosted its stake in Tower Semiconductor by 12.2% in the 1st quarter. Wellington Management Group LLP now owns 2,240,229 shares of the semiconductor company’s stock worth $79,887,000 after purchasing an additional 243,267 shares during the period. 70.51% of the stock is owned by hedge funds and other institutional investors.

Tower Semiconductor Company Profile

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.