Tower Semiconductor (TSEM) Stock Forecast, Price Target & Predictions
TSEM Stock Forecast
Tower Semiconductor stock forecast is as follows: an average price target of $49.50 (represents a 3.53% upside from TSEM’s last price of $47.81) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
TSEM Price Target
The average price target for Tower Semiconductor (TSEM) is $49.50 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $55.00 to $44.00. This represents a potential 3.53% upside from TSEM's last price of $47.81.
TSEM Analyst Ratings
According to 6 Wall Street analysts, Tower Semiconductor's rating consensus is 'Buy'. The analyst rating breakdown for TSEM stock is 0 'Strong Buy' (0.00%), 4 'Buy' (66.67%), 2 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Tower Semiconductor Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 10, 2024 | Richard Shannon | Craig-Hallum | $44.00 | $36.99 | 18.95% | -7.97% |
| May 10, 2024 | Medhi Hosseini | Susquehanna | $55.00 | $36.72 | 49.78% | 15.04% |
The latest Tower Semiconductor stock forecast, released on May 10, 2024 by Richard Shannon from Craig-Hallum, set a price target of $44.00, which represents a 18.95% increase from the stock price at the time of the forecast ($36.99), and a -7.97% decrease from TSEM last price ($47.81).
Tower Semiconductor Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $49.50 |
| Last Closing Price | $47.81 | $47.81 | $47.81 |
| Upside/Downside | -100.00% | -100.00% | 3.53% |
In the current month, the average price target of Tower Semiconductor stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Tower Semiconductor's last price of $47.81. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 10, 2024 | Susquehanna | - | Positive | Upgrade |
| May 09, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Oct 25, 2023 | Benchmark | - | Buy | Initialise |
| Aug 17, 2023 | BMO Capital | - | Market Perform | Downgrade |
| Aug 17, 2023 | Craig-Hallum | - | Buy | Upgrade |
| Aug 17, 2023 | Evercore ISI | - | Underperform | Downgrade |
| Aug 17, 2023 | Wells Fargo | - | Equal-Weight | Downgrade |
| Aug 17, 2023 | Wolfe Research | - | Outperform | Upgrade |
| Aug 17, 2023 | Scotiabank | - | Perform | Downgrade |
Tower Semiconductor's last stock rating was published by Susquehanna on May 10, 2024. The company Upgrade its TSEM rating from "null" to "Positive".
Tower Semiconductor Financial Forecast
Tower Semiconductor Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $355.61M | $403.23M | $427.09M | $426.17M | $421.13M | $412.11M | $386.71M | $362.14M | $347.21M | $345.21M | $310.21M | $310.09M | $300.17M | $305.71M | $312.12M |
| Avg Forecast | $447.90M | $437.45M | $422.30M | $411.00M | $438.30M | $417.80M | $377.43M | $357.50M | $387.17M | $370.30M | $350.03M | $324.20M | $350.00M | $357.98M | $353.37M | $352.73M | $400.70M | $427.36M | $426.30M | $408.13M | $410.13M | $384.98M | $359.88M | $345.10M | $340.90M | $309.67M | $308.07M | $297.64M | $312.06M | $312.01M |
| High Forecast | $448.37M | $437.91M | $422.74M | $411.43M | $438.76M | $418.23M | $377.83M | $358.30M | $387.57M | $370.38M | $350.03M | $324.54M | $350.36M | $359.66M | $353.73M | $353.10M | $401.11M | $427.36M | $426.30M | $408.13M | $410.13M | $384.98M | $359.88M | $345.10M | $340.90M | $309.67M | $308.07M | $297.64M | $312.06M | $312.01M |
| Low Forecast | $447.26M | $436.82M | $421.69M | $410.41M | $437.67M | $417.20M | $376.89M | $356.00M | $386.61M | $370.22M | $350.03M | $323.73M | $349.50M | $356.41M | $352.86M | $352.22M | $400.12M | $427.36M | $426.30M | $408.13M | $410.13M | $384.98M | $359.88M | $345.10M | $340.90M | $309.67M | $308.07M | $297.64M | $312.06M | $312.01M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 16 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.01% | 1.00% | 1.00% | 1.03% | 1.00% | 1.00% | 1.01% | 1.01% | 1.01% | 1.00% | 1.01% | 1.01% | 0.98% | 1.00% |
Tower Semiconductor's average Quarter revenue forecast for Jun 23 based on 1 analysts is $353.37M, with a low forecast of $352.86M, and a high forecast of $353.73M. TSEM's average Quarter revenue forecast represents a -0.63% decrease compared to the company's last Quarter revenue of $355.61M (Mar 23).
Tower Semiconductor EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 16 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $88.49M | $151.44M | $158.20M | $140.16M | $133.84M | $128.67M | $106.94M | $98.07M | $76.66M | $94.31M | $77.71M | $83.64M | $70.00M | $82.53M | $74.90M |
| Avg Forecast | $131.98M | $128.90M | $124.43M | $121.10M | $129.15M | $123.11M | $111.21M | $105.34M | $114.08M | $109.11M | $103.14M | $112.47M | $103.13M | $105.48M | $104.12M | $102.24M | $132.27M | $125.86M | $125.55M | $92.95M | $120.79M | $113.38M | $105.99M | $84.50M | $100.40M | $91.20M | $90.73M | $68.31M | $91.90M | $91.89M |
| High Forecast | $132.11M | $129.03M | $124.56M | $121.23M | $129.28M | $123.24M | $111.33M | $105.58M | $114.20M | $109.14M | $103.14M | $134.96M | $103.24M | $105.98M | $104.23M | $122.69M | $158.73M | $125.86M | $125.55M | $111.54M | $120.79M | $113.38M | $105.99M | $101.40M | $100.40M | $91.20M | $90.73M | $81.98M | $91.90M | $91.89M |
| Low Forecast | $131.79M | $128.71M | $124.26M | $120.93M | $128.96M | $122.93M | $111.05M | $104.90M | $113.92M | $109.09M | $103.14M | $89.97M | $102.98M | $105.02M | $103.97M | $81.80M | $105.82M | $125.86M | $125.55M | $74.36M | $120.79M | $113.38M | $105.99M | $67.60M | $100.40M | $91.20M | $90.73M | $54.65M | $91.90M | $91.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 1.14% | 1.26% | 1.12% | 1.44% | 1.07% | 0.94% | 0.93% | 0.91% | 0.94% | 0.85% | 0.92% | 1.02% | 0.90% | 0.82% |
1 analysts predict TSEM's average Quarter EBITDA for Jun 23 to be $104.12M, with a high of $104.23M and a low of $103.97M. This is 17.67% upper than Tower Semiconductor's previous annual EBITDA (Mar 23) of $88.49M.
Tower Semiconductor Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 16 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $71.40M | $83.32M | $69.14M | $58.08M | $54.03M | $51.88M | $39.09M | $30.87M | $28.32M | $31.03M | $15.20M | $19.05M | $17.02M | $20.71M | $22.19M |
| Avg Forecast | $77.27M | $73.35M | $67.75M | $63.83M | $75.77M | $69.80M | $57.48M | $50.39M | $59.72M | $59.91M | $49.64M | $37.70M | $58.98M | $52.26M | $54.87M | $34.27M | $53.03M | $69.43M | $63.27M | $31.15M | $52.63M | $41.43M | $36.95M | $28.32M | $36.77M | $19.97M | $25.94M | $16.12M | $28.57M | $26.87M |
| High Forecast | $77.37M | $73.45M | $67.84M | $63.91M | $75.88M | $69.89M | $57.56M | $51.51M | $59.80M | $60.02M | $49.66M | $45.24M | $59.06M | $56.52M | $54.94M | $41.12M | $63.64M | $69.43M | $63.27M | $37.39M | $52.63M | $41.43M | $36.95M | $33.99M | $36.77M | $19.97M | $25.94M | $19.35M | $28.57M | $26.87M |
| Low Forecast | $77.12M | $73.21M | $67.62M | $63.71M | $75.63M | $69.67M | $57.37M | $49.27M | $59.61M | $59.80M | $49.62M | $30.16M | $58.87M | $46.92M | $54.77M | $27.42M | $42.43M | $69.43M | $63.27M | $24.92M | $52.63M | $41.43M | $36.95M | $22.66M | $36.77M | $19.97M | $25.94M | $12.90M | $28.57M | $26.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.08% | 1.57% | 1.00% | 0.92% | 1.73% | 0.99% | 0.94% | 0.84% | 1.00% | 0.84% | 0.76% | 0.73% | 1.06% | 0.72% | 0.83% |
Tower Semiconductor's average Quarter net income forecast for Jun 23 is $54.87M, with a range of $54.77M to $54.94M. TSEM's average Quarter net income forecast represents a -23.15% decrease compared to the company's last Quarter net income of $71.40M (Mar 23).
Tower Semiconductor SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 16 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $18.63M | $18.88M | $18.86M | $21.29M | $21.25M | $21.94M | $19.62M | $18.67M | $16.99M | $16.32M | $14.80M | $16.15M | $16.69M | $17.06M | $16.84M |
| Avg Forecast | $22.85M | $22.32M | $21.55M | $20.97M | $22.36M | $21.32M | $19.26M | $18.24M | $19.75M | $18.89M | $17.86M | $22.62M | $17.86M | $18.27M | $18.03M | $20.56M | $22.49M | $21.81M | $21.75M | $18.69M | $20.93M | $19.64M | $18.36M | $16.99M | $17.39M | $15.80M | $15.72M | $15.81M | $15.92M | $15.92M |
| High Forecast | $22.88M | $22.34M | $21.57M | $20.99M | $22.39M | $21.34M | $19.28M | $18.28M | $19.78M | $18.90M | $17.86M | $27.14M | $17.88M | $18.35M | $18.05M | $24.67M | $26.98M | $21.81M | $21.75M | $22.43M | $20.93M | $19.64M | $18.36M | $20.39M | $17.39M | $15.80M | $15.72M | $18.98M | $15.92M | $15.92M |
| Low Forecast | $22.82M | $22.29M | $21.52M | $20.94M | $22.33M | $21.29M | $19.23M | $18.16M | $19.73M | $18.89M | $17.86M | $18.09M | $17.83M | $18.19M | $18.00M | $16.45M | $17.99M | $21.81M | $21.75M | $14.95M | $20.93M | $19.64M | $18.36M | $13.59M | $17.39M | $15.80M | $15.72M | $12.65M | $15.92M | $15.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.84% | 0.87% | 0.98% | 1.14% | 1.05% | 1.00% | 1.02% | 1.00% | 0.94% | 0.94% | 1.03% | 1.06% | 1.07% | 1.06% |
Tower Semiconductor's average Quarter SG&A projection for Jun 23 is $18.03M, based on 1 Wall Street analysts, with a range of $18.00M to $18.05M. The forecast indicates a -3.21% fall compared to TSEM last annual SG&A of $18.63M (Mar 23).
Tower Semiconductor EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 16 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.65 | $0.76 | $0.63 | $0.53 | $0.50 | $0.48 | $0.36 | $0.29 | $0.26 | $0.29 | $0.14 | $0.18 | $0.16 | $0.19 | $0.21 |
| Avg Forecast | $0.69 | $0.66 | $0.60 | $0.57 | $0.68 | $0.62 | $0.51 | $0.45 | $0.53 | $0.54 | $0.44 | $0.40 | $0.53 | $0.47 | $0.49 | $0.47 | $0.57 | $0.62 | $0.56 | $0.47 | $0.47 | $0.37 | $0.33 | $0.32 | $0.33 | $0.18 | $0.23 | $0.19 | $0.26 | $0.24 |
| High Forecast | $0.69 | $0.66 | $0.61 | $0.57 | $0.68 | $0.62 | $0.51 | $0.46 | $0.53 | $0.54 | $0.44 | $0.40 | $0.53 | $0.50 | $0.49 | $0.47 | $0.57 | $0.62 | $0.56 | $0.47 | $0.47 | $0.37 | $0.33 | $0.32 | $0.33 | $0.18 | $0.23 | $0.19 | $0.26 | $0.24 |
| Low Forecast | $0.69 | $0.65 | $0.60 | $0.57 | $0.68 | $0.62 | $0.51 | $0.44 | $0.53 | $0.53 | $0.44 | $0.40 | $0.53 | $0.42 | $0.49 | $0.47 | $0.57 | $0.62 | $0.56 | $0.47 | $0.47 | $0.37 | $0.33 | $0.32 | $0.33 | $0.18 | $0.23 | $0.19 | $0.26 | $0.24 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.37% | 1.33% | 1.02% | 0.94% | 1.06% | 1.02% | 0.97% | 0.88% | 0.81% | 0.88% | 0.79% | 0.78% | 0.86% | 0.74% | 0.88% |
According to 1 Wall Street analysts, Tower Semiconductor's projected average Quarter EPS for Jun 23 is $0.49, with a low estimate of $0.49 and a high estimate of $0.49. This represents a -24.62% decrease compared to TSEM previous annual EPS of $0.65 (Mar 23).