NASDAQ:TSEM Tower Semiconductor (TSEM) Stock Price, News & Analysis → You need to know these two things about AI stocks ASAP… (From InvestorPlace) (Ad) Free TSEM Stock Alerts $36.44 +2.19 (+6.39%) (As of 05/9/2024 ET) Add Compare Share Share Today's Range$35.51▼$36.5950-Day Range$30.94▼$36.4452-Week Range$21.43▼$42.11Volume917,473 shsAverage Volume629,066 shsMarket Capitalization$3.98 billionP/E Ratio7.84Dividend YieldN/APrice Target$36.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Tower Semiconductor alerts: Email Address Tower Semiconductor MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside0.3% Downside$36.33 Price TargetShort InterestHealthy0.78% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.54Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth15.79%From $1.52 to $1.76 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.13 out of 5 starsComputer And Technology Sector396th out of 593 stocksSemiconductors & Related Devices Industry64th out of 88 stocks 1.3 Analyst's Opinion Consensus RatingTower Semiconductor has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageTower Semiconductor has only been the subject of 1 research reports in the past 90 days.Read more about Tower Semiconductor's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.78% of the outstanding shares of Tower Semiconductor have been sold short.Short Interest Ratio / Days to CoverTower Semiconductor has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tower Semiconductor has recently increased by 17.62%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldTower Semiconductor does not currently pay a dividend.Dividend GrowthTower Semiconductor does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TSEM. Previous Next 3.1 News and Social Media Coverage News SentimentTower Semiconductor has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Tower Semiconductor this week, compared to 3 articles on an average week.Search Interest5 people have searched for TSEM on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tower Semiconductor insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Tower Semiconductor is held by insiders.Percentage Held by Institutions70.51% of the stock of Tower Semiconductor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Tower Semiconductor's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Tower Semiconductor are expected to grow by 15.79% in the coming year, from $1.52 to $1.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tower Semiconductor is 7.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Tower Semiconductor is 7.84, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 243.37.Price to Book Value per Share RatioTower Semiconductor has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Tower Semiconductor's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …Click here to see the presentation now. About Tower Semiconductor Stock (NASDAQ:TSEM)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. The Company also provides design enablement platform for quick and accurate design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. It serves various markets, such as consumer electronics, personal computers, communications, automotive, industrial, aerospace, military, and medical device products. The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.Read More TSEM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TSEM Stock News HeadlinesMay 9, 2024 | finance.yahoo.comTSEM: Tower Projects Sequential Revenue Improvement Throughout the Year Despite Industry DoldrumsMay 9, 2024 | finance.yahoo.comTower Semiconductor CEO Eyes Recovery, Projects Over 7% Growth Next QuarterMay 10, 2024 | Behind the Markets (Ad)BREAKING – Pentagon to Spend $20 Billion on “Distributed AI”BREAKING - Pentagon to Spend $20 Billion on "Distributed AI" The U.S. Space Force calls it a "game changer." And one tiny firm is poised to win the contract to build it.May 9, 2024 | sfgate.comTower Semiconductor: Q1 Earnings SnapshotMay 9, 2024 | finance.yahoo.comTower Semiconductor beats profit estimates, sees more growth in 2024May 9, 2024 | finance.yahoo.comUPDATE 1-Tower Semiconductor beats profit estimates, sees more growth in 2024May 9, 2024 | investorplace.comTech Boom 2.0: 7 Stocks That Will Dominate the Next SurgeMay 9, 2024 | reuters.comTower Semiconductor Q1 revenue falls on weak demandMay 10, 2024 | Behind the Markets (Ad)BREAKING – Pentagon to Spend $20 Billion on “Distributed AI”BREAKING - Pentagon to Spend $20 Billion on "Distributed AI" The U.S. Space Force calls it a "game changer." And one tiny firm is poised to win the contract to build it.May 9, 2024 | globenewswire.comTower Semiconductor Reports 2024 First Quarter Financial ResultsMay 8, 2024 | markets.businessinsider.comTower Semiconductor earnings preview: what Wall Street is expectingMay 2, 2024 | globenewswire.comTower Semiconductor to Attend the 52nd Annual TD Cowen Technology, Media & Telecom ConferenceMay 2, 2024 | americanbankingnews.comTower Semiconductor (TSEM) to Release Earnings on ThursdayMay 1, 2024 | globenewswire.comTower Semiconductor to Participate in the 52nd Annual JP Morgan Global Technology, Media, and Communications ConferenceApril 24, 2024 | globenewswire.comTower Semiconductor Announces First Quarter 2024 Financial Results and Conference CallApril 23, 2024 | finance.yahoo.comThose who invested in Tower Semiconductor (NASDAQ:TSEM) five years ago are up 78%April 23, 2024 | money.usnews.comTower Semiconductor Ltd.April 18, 2024 | seekingalpha.comTower Semiconductor: Revenue Expected To Grow By 90% But Stay Prudent For NowApril 17, 2024 | msn.comIsrael stocks lower at close of trade; TA 35 down 1.03%April 9, 2024 | msn.comIsrael stocks lower at close of trade; TA 35 down 1.05%April 8, 2024 | investorplace.com7 Tech Stocks to Pick Up From the Discount BinApril 7, 2024 | finance.yahoo.comTower Semiconductor Ltd. (NASDAQ:TSEM) is favoured by institutional owners who hold 67% of the companyMarch 21, 2024 | finance.yahoo.comTower Semiconductor to Participate at OFC 2024 Highlighting Company’s Recent Developments in Silicon Germanium and Silicon Photonics TechnologiesMarch 21, 2024 | finance.yahoo.comIs It Time To Consider Buying Tower Semiconductor Ltd. (NASDAQ:TSEM)?March 21, 2024 | globenewswire.comTower Semiconductor to Participate at OFC 2024 Highlighting Company's Recent Developments in Silicon Germanium and Silicon Photonics TechnologiesMarch 20, 2024 | globenewswire.comTower Semiconductor Awarded by Northrop Grumman for Supplier ExcellenceMarch 18, 2024 | markets.businessinsider.comCraig-Hallum Keeps Their Buy Rating on Tower (TSEM)See More Headlines Receive TSEM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tower Semiconductor and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/14/2024Today5/09/2024Next Earnings (Confirmed)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:TSEM CUSIPN/A CIK928876 Webwww.towerjazz.com Phone972-4650-6109Fax972-4654-7788Employees5,215Year FoundedN/APrice Target and Rating Average Stock Price Target$36.33 High Stock Price Target$38.00 Low Stock Price Target$35.00 Potential Upside/Downside-0.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.65 Trailing P/E Ratio7.84 Forward P/E Ratio23.97 P/E GrowthN/ANet Income$518.49 million Net Margins36.44% Pretax Margin41.11% Return on Equity9.33% Return on Assets7.53% Debt Debt-to-Equity Ratio0.07 Current Ratio6.17 Quick Ratio5.15 Sales & Book Value Annual Sales$1.42 billion Price / Sales2.80 Cash Flow$4.81 per share Price / Cash Flow7.57 Book Value$22.21 per share Price / Book1.64Miscellaneous Outstanding Shares109,285,000Free Float108,192,000Market Cap$3.98 billion OptionableOptionable Beta0.93 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Russell C. Ellwanger (Age 69)CEO & Director Mr. Dani Ashkenazi (Age 61)Senior Vice President of Excellence & Quality Mr. Guy Eristoff (Age 61)Senior VP & Chief Strategy Officer Mr. Ilan Rabinovich (Age 67)President & MD of Tower Italy SRL Mr. Jono KeijiChief Executive Officer of TPSCo - JapanKey CompetitorsSynapticsNASDAQ:SYNAPower IntegrationsNASDAQ:POWISilicon LaboratoriesNASDAQ:SLABDiodesNASDAQ:DIODIPG PhotonicsNASDAQ:IPGPView All CompetitorsInstitutional OwnershipOrion Portfolio Solutions LLCSold 2,133 shares on 5/9/2024Ownership: 0.036%State Board of Administration of Florida Retirement SystemBought 4,895 shares on 5/9/2024Ownership: 0.004%William Blair Investment Management LLCBought 1,043,690 shares on 5/8/2024Ownership: 0.955%Russell Investments Group Ltd.Bought 147,583 shares on 5/8/2024Ownership: 0.292%ProShare Advisors LLCBought 7,257 shares on 5/8/2024Ownership: 0.007%View All Institutional Transactions TSEM Stock Analysis - Frequently Asked Questions Should I buy or sell Tower Semiconductor stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tower Semiconductor in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TSEM shares. View TSEM analyst ratings or view top-rated stocks. What is Tower Semiconductor's stock price target for 2024? 3 brokers have issued twelve-month target prices for Tower Semiconductor's shares. Their TSEM share price targets range from $35.00 to $38.00. On average, they expect the company's stock price to reach $36.33 in the next twelve months. This suggests that the stock has a possible downside of 0.3%. View analysts price targets for TSEM or view top-rated stocks among Wall Street analysts. How have TSEM shares performed in 2024? Tower Semiconductor's stock was trading at $30.52 at the beginning of the year. Since then, TSEM shares have increased by 19.4% and is now trading at $36.44. View the best growth stocks for 2024 here. Are investors shorting Tower Semiconductor? Tower Semiconductor saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 722,900 shares, an increase of 27.0% from the March 15th total of 569,000 shares. Based on an average daily volume of 669,700 shares, the short-interest ratio is presently 1.1 days. View Tower Semiconductor's Short Interest. When is Tower Semiconductor's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our TSEM earnings forecast. How were Tower Semiconductor's earnings last quarter? Tower Semiconductor Ltd. (NASDAQ:TSEM) posted its quarterly earnings results on Wednesday, February, 14th. The semiconductor company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The semiconductor company had revenue of $351.71 million for the quarter, compared to analysts' expectations of $350 million. Tower Semiconductor had a trailing twelve-month return on equity of 9.33% and a net margin of 36.44%. What ETFs hold Tower Semiconductor's stock? ETFs with the largest weight of Tower Semiconductor (NASDAQ:TSEM) stock in their portfolio include ProShares Nanotechnology ETF (TINY), ProShares S&P Kensho Smart Factories ETF (MAKX), Amplify BlueStar Israel Technology ETF (ITEQ), ARK Israel Innovative Technology ETF (IZRL), VanEck Israel ETF (ISRA), Defiance Quantum ETF (QTUM) and SPDR FactSet Innovative Technology ETF (XITK).Columbia Seligman Semiconductor and Technology ETF (SEMI). What guidance has Tower Semiconductor issued on next quarter's earnings? Tower Semiconductor updated its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $332.5 million-$367.5 million, compared to the consensus revenue estimate of $334.8 million. What other stocks do shareholders of Tower Semiconductor own? Based on aggregate information from My MarketBeat watchlists, some companies that other Tower Semiconductor investors own include Micron Technology (MU), Alibaba Group (BABA), Northern Tier Energy (NTI), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Intel (INTC), NVIDIA (NVDA), VASCO Data Security International (VDSI), Marvell Technology (MRVL) and Onsemi (ON). Who are Tower Semiconductor's major shareholders? Tower Semiconductor's stock is owned by a variety of institutional and retail investors. Top institutional investors include Harel Insurance Investments & Financial Services Ltd. (3.33%), Jennison Associates LLC (2.43%), Meitav Investment House Ltd. (1.77%), William Blair Investment Management LLC (0.95%), Russell Investments Group Ltd. (0.29%) and Simplex Trading LLC (0.00%). How do I buy shares of Tower Semiconductor? Shares of TSEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:TSEM) was last updated on 5/10/2024 by MarketBeat.com Staff From Our PartnersThe Crypto 9-5 Escape PlanCrypto 101 MediaGold Set to EXPLODE!Gold Safe ExchangeCharles Payne Demystifies OptionsUnstoppable ProsperityForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingHe Is Giving Away BitcoinCrypto Swap ProfitsShocking: One AI startup's revenue could surge 4,735%Manward PressThe 2024 Gold Rush: Unleashing Market PotentialPriority Gold[URGENT] DO NOT Touch These AI Stocks!Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Tower Semiconductor Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.