Wedbush Forecasts Weaker Earnings for Tower Semiconductor

Tower Semiconductor Ltd. (NASDAQ:TSEM) – Analysts at Wedbush cut their Q1 2025 earnings per share (EPS) estimates for Tower Semiconductor in a research note issued on Tuesday, February 11th. Wedbush analyst M. Bryson now forecasts that the semiconductor company will post earnings of $0.29 per share for the quarter, down from their prior forecast of $0.44. Wedbush currently has a “Outperform” rating and a $60.00 price target 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 brokerages have also recently commented on TSEM. Susquehanna lifted their price objective on Tower Semiconductor from $55.00 to $60.00 and gave the stock a “positive” rating in a research note on Thursday, November 14th. Craig Hallum increased their price target on Tower Semiconductor from $54.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. StockNews.com downgraded Tower Semiconductor from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Benchmark restated a “buy” rating and issued a $60.00 price target on shares of Tower Semiconductor in a report on Tuesday. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $60.00.

Tower Semiconductor Stock Up 5.9 %

Shares of Tower Semiconductor stock opened at $48.21 on Friday. The company has a quick ratio of 4.89, a current ratio of 5.82 and a debt-to-equity ratio of 0.05. Tower Semiconductor has a 12 month low of $29.62 and a 12 month high of $55.31. The business has a fifty day simple moving average of $50.60 and a 200 day simple moving average of $45.76. The stock has a market cap of $5.34 billion, a PE ratio of 26.06 and a beta of 0.88.

Tower Semiconductor (NASDAQ:TSEM) last announced its quarterly earnings data on Wednesday, November 13th. The semiconductor company reported $0.57 EPS for the quarter, topping 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 business had revenue of $370.50 million during the quarter, compared to analysts’ expectations of $370.30 million. During the same period in the previous year, the firm earned $0.47 earnings per share. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. First Trust Advisors LP bought a new position in shares of Tower Semiconductor during the fourth quarter worth about $1,650,000. Marshall Wace LLP grew its holdings in shares of Tower Semiconductor by 270.5% during the fourth quarter. Marshall Wace LLP now owns 37,010 shares of the semiconductor company’s stock worth $1,906,000 after buying an additional 27,020 shares in the last quarter. EAM Global Investors LLC bought a new position in shares of Tower Semiconductor during the fourth quarter worth about $2,898,000. EAM Investors LLC bought a new position in shares of Tower Semiconductor during the fourth quarter worth about $1,204,000. Finally, Portolan Capital Management LLC bought a new position in shares of Tower Semiconductor during the fourth quarter worth about $3,848,000. 70.51% of the stock is currently owned by institutional investors.

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.