Tower Semiconductor (NASDAQ:TSEM) Sets New 12-Month High – Time to Buy?

Tower Semiconductor Ltd. (NASDAQ:TSEM) reached a new 52-week high during trading on Monday . The company traded as high as $56.12 and last traded at $56.26, with a volume of 247185 shares changing hands. The stock had previously closed at $54.73.

Analysts Set New Price Targets

A number of research firms have commented on TSEM. Susquehanna set a $66.00 target price on shares of Tower Semiconductor and gave the company a “positive” rating in a research report on Tuesday, August 5th. Benchmark reissued a “buy” rating and set a $66.00 target price (up previously from $60.00) on shares of Tower Semiconductor in a research report on Monday, August 4th. Finally, Wedbush set a $65.00 target price on shares of Tower Semiconductor and gave the company an “outperform” rating in a research report on Tuesday, August 5th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $64.25.

Tower Semiconductor Stock Performance

The business’s 50-day moving average price is $46.04 and its 200-day moving average price is $41.61. The company has a current ratio of 6.57, a quick ratio of 5.50 and a debt-to-equity ratio of 0.05. The stock has a market cap of $6.30 billion, a PE ratio of 32.72 and a beta of 0.77.

Tower Semiconductor (NASDAQ:TSEM) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $371.63 million. During the same period in the previous year, the firm earned $0.53 EPS. 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 research analysts expect that Tower Semiconductor Ltd. will post 1.67 earnings per share for the current fiscal year.

Institutional Trading of Tower Semiconductor

A number of institutional investors have recently bought and sold shares of TSEM. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management acquired a new stake in Tower Semiconductor during the 1st quarter valued at approximately $33,211,000. Point72 Asset Management L.P. lifted its stake in shares of Tower Semiconductor by 21.0% in the 4th quarter. Point72 Asset Management L.P. now owns 3,758,574 shares of the semiconductor company’s stock valued at $193,604,000 after purchasing an additional 653,191 shares during the period. Menora Mivtachim Holdings LTD. lifted its stake in shares of Tower Semiconductor by 39.7% in the 1st quarter. Menora Mivtachim Holdings LTD. now owns 1,879,207 shares of the semiconductor company’s stock valued at $67,013,000 after purchasing an additional 533,700 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of Tower Semiconductor by 219.3% in the 1st quarter. Assenagon Asset Management S.A. now owns 641,105 shares of the semiconductor company’s stock valued at $22,362,000 after purchasing an additional 440,314 shares during the period. Finally, Shellback Capital LP acquired a new position in shares of Tower Semiconductor in the 4th quarter valued at $21,261,000. 70.51% of the stock is currently owned by institutional investors and hedge funds.

About Tower Semiconductor

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.