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

Shares of Tower Semiconductor Ltd. (NASDAQ:TSEM) fell 3.1% on Friday . The stock traded as low as $72.88 and last traded at $73.80. 213,035 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 853,393 shares. The stock had previously closed at $76.19.

Wall Street Analyst Weigh In

Several research firms have weighed in on TSEM. Weiss Ratings restated a “hold (c)” rating on shares of Tower Semiconductor in a research note on Saturday, September 27th. Benchmark upped 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. Wedbush set a $65.00 price objective on Tower Semiconductor and gave the stock an “outperform” rating in a report on Tuesday, August 5th. Barclays began coverage on Tower Semiconductor in a report on Thursday, September 18th. They set an “equal weight” rating and a $74.00 price objective on the stock. Finally, Susquehanna set a $66.00 price objective on Tower Semiconductor and gave the stock a “positive” rating in a report on Tuesday, August 5th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $67.60.

Tower Semiconductor Stock Down 4.5%

The company has a 50-day simple moving average of $58.91 and a 200 day simple moving average of $46.45. The company has a market cap of $8.06 billion, a P/E ratio of 41.82 and a beta of 0.87. The company has a current ratio of 6.57, a quick ratio of 5.50 and a debt-to-equity ratio of 0.05.

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

Hedge Funds Weigh In On Tower Semiconductor

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Park National Corp OH bought a new position in shares of Tower Semiconductor during the 3rd quarter worth $208,000. Orion Porfolio Solutions LLC grew its position in shares of Tower Semiconductor by 1.1% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 28,517 shares of the semiconductor company’s stock worth $1,236,000 after buying an additional 301 shares in the last quarter. Squarepoint Ops LLC grew its position in shares of Tower Semiconductor by 12.9% during the 2nd quarter. Squarepoint Ops LLC now owns 23,150 shares of the semiconductor company’s stock worth $1,004,000 after buying an additional 2,643 shares in the last quarter. Thrivent Financial for Lutherans bought a new position in shares of Tower Semiconductor during the 2nd quarter worth $1,262,000. Finally, Evergreen Capital Management LLC bought a new position in shares of Tower Semiconductor during the 2nd quarter worth $216,000. Institutional investors own 70.51% of the company’s stock.

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.