Wedbush Forecasts Weaker Earnings for Tower Semiconductor

Tower Semiconductor Ltd. (NASDAQ:TSEM) – Equities research analysts at Wedbush decreased their Q1 2025 earnings per share estimates for Tower Semiconductor in a note issued to investors on Tuesday, February 11th. Wedbush analyst M. Bryson now forecasts that the semiconductor company will earn $0.29 per share for the quarter, down from their previous estimate of $0.44. Wedbush 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.

Tower Semiconductor (NASDAQ:TSEM) last released its quarterly earnings data on Wednesday, November 13th. The semiconductor company reported $0.57 earnings per share (EPS) 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 analysts’ expectations of $370.30 million. During the same period last year, the firm posted $0.47 earnings per share. The business’s revenue was up 3.4% on a year-over-year basis.

A number of other analysts have also recently issued reports on TSEM. Benchmark reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Tower Semiconductor in a research report on Tuesday. Craig Hallum raised their price objective on Tower Semiconductor from $54.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Susquehanna increased their target price on Tower Semiconductor from $55.00 to $60.00 and gave the stock a “positive” rating in a research note on Thursday, November 14th. Finally, StockNews.com lowered Tower Semiconductor from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $60.00.

Tower Semiconductor Stock Performance

TSEM opened at $48.21 on Friday. Tower Semiconductor has a 12-month low of $29.62 and a 12-month high of $55.31. The stock has a market cap of $5.34 billion, a price-to-earnings ratio of 26.06 and a beta of 0.88. The business has a 50 day moving average of $50.60 and a 200-day moving average of $45.76. The company has a quick ratio of 4.89, a current ratio of 5.82 and a debt-to-equity ratio of 0.05.

Hedge Funds Weigh In On Tower Semiconductor

A number of large investors have recently made changes to their positions in TSEM. Point72 Asset Management L.P. increased its stake in Tower Semiconductor by 203.8% during the 3rd quarter. Point72 Asset Management L.P. now owns 3,105,383 shares of the semiconductor company’s stock worth $137,444,000 after acquiring an additional 2,083,262 shares during the period. Summit Partners Public Asset Management LLC increased its stake in Tower Semiconductor by 1,146.9% during the 3rd quarter. Summit Partners Public Asset Management LLC now owns 1,496,315 shares of the semiconductor company’s stock worth $66,227,000 after acquiring an additional 1,376,315 shares during the period. Invesco Ltd. increased its stake in Tower Semiconductor by 251.9% during the 4th quarter. Invesco Ltd. now owns 1,761,235 shares of the semiconductor company’s stock worth $90,721,000 after acquiring an additional 1,260,683 shares during the period. Neumeier Poma Investment Counsel LLC bought a new position in Tower Semiconductor during the 4th quarter worth $33,034,000. Finally, American Century Companies Inc. bought a new position in Tower Semiconductor during the 4th quarter worth $20,015,000. Institutional investors own 70.51% of the company’s stock.

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.