Tower Semiconductor (NASDAQ:TSEM) Hits New 1-Year High – Here’s What Happened

Tower Semiconductor Ltd. (NASDAQ:TSEM) shares hit a new 52-week high on Wednesday . The stock traded as high as $183.00 and last traded at $180.82, with a volume of 4574703 shares. The stock had previously closed at $172.13.

Trending Headlines about Tower Semiconductor

Here are the key news stories impacting Tower Semiconductor this week:

• Positive Sentiment: Benchmark raised its price target from $165 to $230 and kept a Buy rating, formalizing bullish analyst expectations that justify upside versus current levels. Benchmark raises price target to $230
• Positive Sentiment: Tower will assume full control of TPSCo’s 300mm (12-inch) business in Japan and plans a multi‑fold capacity expansion to support optics, SiPh/SiGe and high-value nodes — a concrete capacity and revenue-growth catalyst for medium-term demand. Tower expands 300mm capacity in Japan
• Positive Sentiment: Multiple bullish write-ups (including 24/7 Wall St.) highlight near-term momentum and the potential for higher targets — supportive for investor sentiment and multiple expansion if execution continues. Tower Semiconductor Could Hit $230
• Neutral Sentiment: Tower has announced new AI power chip technology and expanded its AI data‑center portfolio — product pipeline positive but timing and commercial ramp remain uncertain. Tower unveils new AI power tech
• Neutral Sentiment: Analysts (e.g., Wedbush) note the Japan restructuring and planned cleanroom expansions for silicon photonics/SiGe as signs management expects demand to outstrip current capacity — supportive long term but contributes to near-term capex and execution risk. Tower signals optics-driven growth
• Negative Sentiment: GlobalFoundries filed lawsuits (ITC and U.S. district court) alleging Tower infringed 11 U.S. patents and is seeking injunctive relief and damages — a material legal risk that can lead to import bans, damages, prolonged litigation costs and near-term investor panic. This lawsuit appears to be the primary driver of today’s downward price pressure. GlobalFoundries sues Tower for patent infringement

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of Tower Semiconductor in a research report on Monday, December 29th. Wedbush increased their price objective on Tower Semiconductor from $125.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday, February 12th. Susquehanna reiterated a “positive” rating and issued a $180.00 target price on shares of Tower Semiconductor in a research note on Thursday, February 12th. Benchmark boosted their target price on Tower Semiconductor from $165.00 to $230.00 and gave the company a “buy” rating in a report on Thursday. Finally, Barclays upped their price target on Tower Semiconductor from $114.00 to $142.00 and gave the stock an “equal weight” rating in a research note on Friday, February 13th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $173.00.

Tower Semiconductor Price Performance

The stock has a fifty day moving average of $134.75 and a two-hundred day moving average of $108.41. The stock has a market cap of $19.64 billion, a price-to-earnings ratio of 90.51 and a beta of 0.91. The company has a quick ratio of 5.51, a current ratio of 6.48 and a debt-to-equity ratio of 0.05.

Tower Semiconductor (NASDAQ:TSEM) last released its earnings results on Wednesday, February 11th. The semiconductor company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.11. The company had revenue of $440.21 million during the quarter, compared to the consensus estimate of $439.81 million. Tower Semiconductor had a return on equity of 7.86% and a net margin of 14.08%.Tower Semiconductor’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.49 earnings per share. On average, equities research analysts anticipate that Tower Semiconductor Ltd. will post 1.67 earnings per share for the current year.

Institutional Trading of Tower Semiconductor

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD boosted its holdings in Tower Semiconductor by 3,222.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,682,152 shares of the semiconductor company’s stock worth $549,779,000 after buying an additional 4,541,235 shares in the last quarter. Capital International Investors purchased a new position in Tower Semiconductor in the fourth quarter valued at about $222,530,000. Goldman Sachs Group Inc. increased its holdings in Tower Semiconductor by 214.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,206,467 shares of the semiconductor company’s stock valued at $259,083,000 after buying an additional 1,505,421 shares in the last quarter. Turiya Advisors Asia Ltd acquired a new stake in shares of Tower Semiconductor during the 4th quarter valued at approximately $172,848,000. Finally, Janus Henderson Group PLC lifted its position in shares of Tower Semiconductor by 293.8% during the 4th quarter. Janus Henderson Group PLC now owns 1,074,717 shares of the semiconductor company’s stock valued at $126,193,000 after acquiring an additional 801,820 shares during the period. Institutional investors and hedge funds own 70.51% of the company’s stock.

Tower Semiconductor Company Profile

Tower Semiconductor, traded on NASDAQ under the symbol TSEM, is a specialty foundry company that provides analog and mixed-signal semiconductor manufacturing services to a broad array of customers worldwide. The company focuses on delivering tailored process technologies for high-growth markets, including radio frequency (RF), power management, imaging, automotive electronics, and Internet of Things (IoT) applications. By combining deep process know-how with flexible manufacturing capabilities, Tower Semiconductor supports the development and volume production of advanced semiconductor devices for fabless and integrated device manufacturer customers.

The company’s technology portfolio spans standard and specialty processes such as CMOS, BiCMOS, high-voltage, radio frequency, silicon photonics, micro-electromechanical systems (MEMS) and image sensor production.