Wedbush Reduces Earnings Estimates for Tower Semiconductor

Tower Semiconductor Ltd. (NASDAQ:TSEM) – Wedbush lowered their Q1 2025 earnings per share (EPS) estimates for Tower Semiconductor in a research report issued on Tuesday, February 11th. Wedbush analyst M. Bryson now anticipates that the semiconductor company will post earnings of $0.29 per share for the quarter, down from their previous forecast of $0.44. Wedbush has a “Outperform” rating and a $60.00 price objective on the stock. The consensus estimate for Tower Semiconductor’s current full-year earnings is $1.81 per share. Wedbush also issued estimates for Tower Semiconductor’s Q2 2025 earnings at $0.35 EPS, Q3 2025 earnings at $0.49 EPS, FY2025 earnings at $1.69 EPS, Q1 2026 earnings at $0.49 EPS and FY2026 earnings at $2.58 EPS.

A number of other research firms have also weighed in on TSEM. Benchmark reissued a “buy” rating and issued a $60.00 target price on shares of Tower Semiconductor in a research note on Tuesday, February 11th. StockNews.com lowered Tower Semiconductor from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Susquehanna boosted their target price on Tower Semiconductor from $55.00 to $60.00 and gave the company a “positive” rating in a research note on Thursday, November 14th. Finally, Craig Hallum boosted their target price on Tower Semiconductor from $54.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Tower Semiconductor has a consensus rating of “Moderate Buy” and a consensus price target of $60.00.

Tower Semiconductor Trading Down 1.2 %

NASDAQ TSEM opened at $47.63 on Friday. Tower Semiconductor has a 1-year low of $30.48 and a 1-year high of $55.31. The company has a current ratio of 5.82, a quick ratio of 4.89 and a debt-to-equity ratio of 0.05. The stock has a 50-day moving average of $50.53 and a 200-day moving average of $45.86. The firm has a market cap of $5.28 billion, a PE ratio of 25.75 and a beta of 0.88.

Tower Semiconductor (NASDAQ:TSEM) last released its earnings results on Wednesday, November 13th. The semiconductor company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.12. Tower Semiconductor had a return on equity of 8.22% and a net margin of 14.75%. The company had revenue of $370.50 million during the quarter, compared to analyst estimates of $370.30 million. During the same quarter in the previous year, the company posted $0.47 EPS. Tower Semiconductor’s revenue for the quarter was up 3.4% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TSEM. Transcendent Capital Group LLC purchased a new position in Tower Semiconductor during the 3rd quarter valued at about $27,000. R Squared Ltd purchased a new position in Tower Semiconductor during the 4th quarter valued at about $61,000. Blue Trust Inc. grew its holdings in shares of Tower Semiconductor by 319.3% during the 3rd quarter. Blue Trust Inc. now owns 1,807 shares of the semiconductor company’s stock worth $80,000 after acquiring an additional 1,376 shares during the period. Signaturefd LLC grew its holdings in shares of Tower Semiconductor by 21.1% during the 3rd quarter. Signaturefd LLC now owns 2,472 shares of the semiconductor company’s stock worth $109,000 after acquiring an additional 431 shares during the period. Finally, Crews Bank & Trust purchased a new position in shares of Tower Semiconductor during the 4th quarter worth approximately $134,000. Hedge funds and other institutional investors own 70.51% of the company’s stock.

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.