TSEM - Tower Semiconductor Ltd.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
21.40
-0.68 (-3.08%)
At close: 4:00PM EST
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Previous Close22.08
Open21.84
Bid19.04 x 4000
Ask24.77 x 800
Day's Range21.32 - 21.98
52 Week Range14.46 - 25.80
Volume310,087
Avg. Volume347,654
Market Cap2.332B
Beta (5Y Monthly)1.31
PE Ratio (TTM)21.25
EPS (TTM)1.01
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateSep 23, 1997
1y Target Est27.75
  • Tower Semiconductor Ltd. Full-Year Results: Here's What Analysts Are Forecasting For Next Year
    Simply Wall St.

    Tower Semiconductor Ltd. Full-Year Results: Here's What Analysts Are Forecasting For Next Year

    Tower Semiconductor Ltd. (NASDAQ:TSEM) shares fell 8.5% to US$22.24 in the week since its latest yearly results...

  • Zacks Small Cap Research

    TSEM: Growth Should Return to TowerJazz in Q2

    By Lisa Thompson NASDAQ:TSEM READ THE FULL TSEM RESEARCH REPORT TowerJazz's (NASDAQ:TSEM) Q4 revenues came in below the midpoint of guidance, but within the guidance range, disappointing some. If one were to find a reason it would be due to less discrete business that might have been obtained, which in general has lower visibility. Q1 guidance for revenues was $300 million plus or minus 5%, and

  • ACCESSWIRE

    Tower Semiconductor Ltd. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / February 18, 2020 / Tower Semiconductor Ltd. (NASDAQ:TSEM) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on February 18, 2020 ...

  • Reuters

    Chipmaker TowerJazz Q4 profit misses estimates, sees 2020 rev growth

    Israeli chip manufacturer TowerJazz missed earnings and revenue estimates in the fourth quarter but sees a return to growth in 2020. TowerJazz, which specialises in analogue chips used in cars, medical sensors and power management, posted on Tuesday diluted earnings per share excluding one-time items of 22 cents in the quarter, down from 41 cents a year earlier.

  • GlobeNewswire

    TowerJazz Reports Full Year 2019 Results with 5% Organic Revenue Growth; Expects Revenue Growth for 2020

    Full Year 2019 Revenues of $1.23 Billion Resulting in Positive Cash from Operations of $291 Million and Free Cash Flow of $119 Million MIGDAL HAEMEK, Israel, Feb. 18, 2020 --.

  • Is Tower Semiconductor Ltd.'s (NASDAQ:TSEM) P/E Ratio Really That Good?
    Simply Wall St.

    Is Tower Semiconductor Ltd.'s (NASDAQ:TSEM) P/E Ratio Really That Good?

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E...

  • GlobeNewswire

    TowerJazz, Cadence, and Kyiv Polytechnic Institute (KPI) to Open First Analog Design Lab

    TowerJazz (NASDAQ/TASE: TSEM), the global specialty foundry leader, Igor Sikorsky Kyiv Polytechnic Institute (KPI), the national technical university of Ukraine, and Cadence Design Systems, Inc. (CDNS), today announced a collaboration to open a new analog circuit design lab in Ukraine. The first-of-its-kind lab and corresponding program was formed to provide designers and high-level engineering students with unparalleled access to tools and expertise in IC design. The lab, at the prestigious KPI University, is equipped with advanced hardware and software design tools, providing the most up-to-date setting for analog circuit designers.

  • GlobeNewswire

    TowerJazz Announces Fourth Quarter and Fiscal Year 2019 Financial Results Conference Call

    MIGDAL HAEMEK, Israel – January 21, 2020 – TowerJazz (NASDAQ/ TASE: TSEM), the global specialty foundry leader, will issue its fourth quarter and fiscal year 2019 earnings.

  • Before You Buy Tower Semiconductor Ltd. (NASDAQ:TSEM), Consider Its Volatility
    Simply Wall St.

    Before You Buy Tower Semiconductor Ltd. (NASDAQ:TSEM), Consider Its Volatility

    If you're interested in Tower Semiconductor Ltd. (NASDAQ:TSEM), then you might want to consider its beta (a measure of...

  • 3 “Strong Buy” Stocks for the 5G Revolution in 2020
    TipRanks

    3 “Strong Buy” Stocks for the 5G Revolution in 2020

    5G could be the key growth driver for "tech" stocks in 2020.That's the upshot of a new report out of investment bank Needham this week, as its analysts report back from the just-ended Consumer Electronics Show in Las Vegas. Accelerating sales of both handsets and the infrastructure needed to make them work will provide a "major growth catalyst" for semiconductor-makers in particular, and tech in general, opines Needham, accelerating off a slowdown in the second half of 2019."5G handset roll-outs [will accelerate] throughout 2020, especially in the 2H," culminating in total phone sales of perhaps 200 million by the time the year is out. So... how do you plan to play this trend?Leveraging TipRanks' Stock Screener tool to comb through Needham's picks, we've come up with three stocks that win high marks not just from the analyst making this 2020 forecast -- but from Wall Street analysts in general. Here's what you need to know about them.Tower Semiconductor (TSEM)First up is Tower Semiconductor, which as the name implies is a maker of analog intensive mixed-signal semiconductor devices.Investors in Tower Semiconductor stock can expect to see "low double-digit" organic growth in 2020, says Needham analyst Rajvindra Gill. And while that may not sound like much, it's significantly faster -- potentially as much as twice as fast -- as the 6.7% growth rate that most Wall Street analysts are expecting (which could mean additional upgrades will follow as Tower delivers on its promises).Tower aims to aggressively expand capacity at its factories churning out 200mm and 300mm chips to supply growing demand for 5G smartphones, which are experiencing "stronger than expected 5G proliferation." In particular, Tower sees an opportunity to supply makers of OLED fingerprint sensors for these phones. Oh, and gross margins on these products may already have "bottomed out" at 19%.Indeed, Gill takes the lead on recommending this one, assigning Tower stock a "buy" rating and $30 price target. (To watch Gill's track record, click here)With sales growing faster than expected, and profit margins firming perhaps sooner than expected, the outlook for Tower is looking pretty good, and $30 a share is certainly not out of the question -- nearly a 17% profit from today's share price.TSEM has built its Strong Buy consensus rating on solid performance which has attracted three "buy" and one "hold" ratings in the last three months. This stock is selling for $25.55, so the $26.83 average price target implies an upside of 5%. (See Tower stock analysis at TipRanks)Marvell Technology (MRVL)Long known as a designer of analog and mixed-signal embedded and standalone integrated circuits, Needham analyst Quinn Bolton views Marvell Technology as a prime beneficiary of the growing 5G base station market, which Bolton sees as capable of producing up to $6 billion in annual sales globally.Huawei will be Marvell's primary competitor in this market, dominating sales in both China and Europe, which could pose a problem. However, the analyst still sees $4 billion in annual sales elsewhere as up for grabs. To win this work, Marvell must win business from the base station makers that aren't named Huawei, which include Ericsson, Nokia, and Samsung.The good news here (for Marvell) is that Bolton believes "Huawei’s ability to ship critical 5G infrastructure products ... targeting international markets may be further limited," decreasing the competitive threat outside of China and Europe.Result: Bolton believes Marvell stock is a "buy." In so doing, he's joining a chorus of nine other analysts who have assigned Marvell stock buy-equivalent ratings over the past month. (See Marvell stock analysis at TipRanks)Resonant Inc. (RESN) Last and certainly least-well-known, we come to Resonant. A bona fide microcap at just $80 million in market cap, Resonant hails from Goleta, California, where it's trying to build a business making designing filters for radio frequency electronics used in smartphones.The company's not profitable yet, nor free cash flow positive, yet Needham likes this one fully as much as its larger, better-known peers in the semiconductor space.Indeed, assigning Resonant a $4.50 target price (the stock costs less than $2.50 a share today), Needham's Rajvindra Gill makes the case that this stock could be a near two-bagger as it expands to serve 5G needs in an RF filter market that could grow to $28 billion in annual sales by 2025 (from just $12 billion in 2019).Ramping demand for "streaming video and increased bandwidth requirements" will be the catalyst here, as 5G speeds demand more advanced tech to service them.At the same time, though, Gill urges investors not to forget about 4G just yet, which will "continue to play major role in the market." This is because in the early stages of the 5G revolution, true 5G speeds won't be available everywhere, all the time, and investors should anticipate that "the 4G network to provide a backstop for 5G coverage holes." Because 4G is currently Resonant's strength, there's an opportunity for this tiny company to become a major player in the "old" technology as its competitors focus their attention elsewhere.Survey says... Wall Street agrees. A grand total of four out of four ratings published in the past two months say Resonant is a "buy." And even if not everyone's as optimistic as Needham, the consensus price target on this stock is still $4.25 a share -- and 71% upside for buyers today. (See Resonant’s price targets and analyst ratings on TipRanks)

  • Is Tower Semiconductor Ltd. (TSEM) A Good Stock To Buy?
    Insider Monkey

    Is Tower Semiconductor Ltd. (TSEM) A Good Stock To Buy?

    How do we determine whether Tower Semiconductor Ltd. (NASDAQ:TSEM) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows […]

  • GlobeNewswire

    TowerJazz and the Technion Developed a Breakthrough Analog Platform for Artificial Intelligence in Edge Devices

    MIGDAL HAEMEK, Israel, and HAIFA,  Israel, December 11, 2019 – TowerJazz, the global specialty foundry leader, and the Technion, the Israel Institute of Technology, today announced the successful development of a breakthrough technological platform that utilizes memristor devices featuring analog memory storage and computing capabilities, based on TowerJazz’s commercial patented Y-Flash NVM on its well-established 0.18um CMOS technology. The technology enables development of ultra-low power Artificial Intelligence (AI) cores suitable for IoT edge devices and sensors such as fingerprint sensors, face and audio recognition applications among others.

  • Calculating The Fair Value Of Tower Semiconductor Ltd. (NASDAQ:TSEM)
    Simply Wall St.

    Calculating The Fair Value Of Tower Semiconductor Ltd. (NASDAQ:TSEM)

    Does the December share price for Tower Semiconductor Ltd. (NASDAQ:TSEM) reflect what it's really worth? Today, we...

  • GlobeNewswire

    Inphi Qualified TowerJazz for Production of Advanced Silicon Photonics Integrated Circuits (PICS) for Data Center Connectivity

    NEWS ANNOUNCEMENT                                        FOR IMMEDIATE RELEASE                                                 The PICs are manufactured on.

  • GlobeNewswire

    TowerJazz to Maintain its TPSCo Majority Ownership, Control and Manufacturing Activity

    TowerJazz, the global specialty foundry leader, clarifies following recent press releases in connection with the sale of Panasonic semiconductor business to Nuvoton that it will not sell its TPSCo shares and will maintain its 51% ownership and Board control in TPSCo. Pursuant to its long-term strategy and growth plans, TowerJazz will continue its operations and manufacturing activity at TPSCoJapanese manufacturing facilities, in accordance with the recently extended contract with PSCS, and do not plan any changes to its foundry services and therefore no impact on the business relationship with its foundry customers. Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM) and its subsidiaries operate collectively under the brand name TowerJazz, the global specialty foundry leader.

  • Zacks Small Cap Research

    TSEM: Panasonic is Selling its Share of TPSCo to Nuvoton as of June 1, 2020

    By Lisa Thompson NASDAQ:TSEM READ THE FULL TSEM RESEARCH REPORT As the result of the corporate-wide strategy of Panasonic Corp. to purge its unprofitable businesses, Panasonic is selling all its semiconductor operations to Nuvoton Technology Corporation for $250 million in cash. This sale includes Panasonic’s interest in TPSCo, the joint venture with TowerJazz (NASDAQ:TSEM). The sale set to

  • Reuters

    UPDATE 2-Panasonic to sell its chip unit to Taiwan's Nuvoton for $250 million

    Panasonic Corp said it would sell its loss-making semiconductor unit to Taiwan's Nuvoton Technology Corp for $250 million as the Japanese electronics giant struggles to lift its profit amid a lack of growth drivers. The sale is part of Panasonic's plans to cut fixed costs by 100 billion yen ($920 million) by the year ending in March 2022 by consolidating production sites and overhauling loss-making businesses. Panasonic has already divested most of its chip business as it lost to more nimble Korean and Taiwanese rivals, and has shut down or shifted its manufacturing facilities to its joint venture (JV) with Israel's Tower Semiconductor.

  • Zacks Small Cap Research

    TSEM: 2020 Should Show Orders Rebounding and Increased Capacity Where its Needed

    By Lisa Thompson NASDAQ:TSEM READ THE FULL TSEM RESEARCH REPORT Q3 came in right at the midpoint of guidance and Q4 looks to be almost identical with Q3. As predicted, margins increased sequentially as revenues grew. Business and profits should rebound for TowerJazz (NASDAQ:TSEM) starting in Q1 2020 as two major growth issues begin to be resolved. The first being addressed is the need for more

  • Reuters

    UPDATE 1-TowerJazz shares fall after revenue outlook disappoints

    Israeli chip manufacturer TowerJazz's forecast for fourth-quarter sales came in lower than market expectations, sending its shares down sharply on Wednesday. TowerJazz, which makes analogue chips used in cars, medical sensors and power management, reported third-quarter earnings roughly in line with analysts forecasts, but also said fourth-quarter revenue would be in a range of 5% above or below $312 million. "Fourth quarter sales guidance (was) slightly below expectations," said Credit Suisse analyst Quang Tung Le, noting that a midpoint of $312 million in revenue would be 7% below a year ago and as well as lower than analysts' expectations.

  • Reuters

    Chipmaker TowerJazz Q3 profit slightly tops forecast

    Israeli chip manufacturer TowerJazz beat earnings forecasts by a cent in the third quarter and said its plan to expand production capacity at a plant in Japan was on track. TowerJazz, which specialises in analogue chips used in cars, medical sensors and power management, posted on Wednesday diluted earnings per share excluding one-time items of 25 cents in the quarter, down from 37 cents a year earlier. TowerJazz expects fourth-quarter revenue in a range of 5 percent above or below $312 million.

  • GlobeNewswire

    TowerJazz Announces Third Quarter 2019 Results

    MIGDAL HAEMEK, Israel, Nov. 13, 2019 -- TowerJazz (NASDAQ: TSEM & TASE: TSEM) reported today its results for the third quarter ended September 30, 2019. Third Quarter.

  • Is It Too Late To Consider Buying Tower Semiconductor Ltd. (NASDAQ:TSEM)?
    Simply Wall St.

    Is It Too Late To Consider Buying Tower Semiconductor Ltd. (NASDAQ:TSEM)?

    Tower Semiconductor Ltd. (NASDAQ:TSEM), which is in the semiconductor business, and is based in Israel, received a lot...