Tower Semiconductor Ltd has a consensus price target of $48 based on the ratings of 5 analysts. The high is $55 issued by Susquehanna on May 10, 2024. The low is $44 issued by Craig-Hallum on May 10, 2024. The 3 most-recent analyst ratings were released by Benchmark, Craig-Hallum, and Susquehanna on May 10, 2024, respectively. With an average price target of $49.67 between Benchmark, Craig-Hallum, and Susquehanna, there's an implied 20.35% upside for Tower Semiconductor Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/10/2024 | Buy Now | 21.15% | Benchmark | Cody Acree | → $40 | Reiterates | Buy → Buy | Get Alert |
05/10/2024 | Buy Now | 6.61% | Craig-Hallum | Richard Shannon | $40 → $44 | Maintains | Buy | Get Alert |
05/10/2024 | Buy Now | 33.27% | Susquehanna | Medhi Hosseini | $36 → $55 | Upgrade | Neutral → Positive | Get Alert |
02/29/2024 | Buy Now | -12.77% | Susquehanna | Medhi Hosseini | → $36 | Initiates | → Neutral | Get Alert |
10/25/2023 | Buy Now | -12.77% | Benchmark | Cody Acree | → $36 | Initiates | → Buy | Get Alert |
08/17/2023 | Buy Now | — | Craig-Hallum | Richard Shannon | — | Upgrade | Hold → Buy | Get Alert |
02/15/2022 | Buy Now | 9.04% | Needham | Rajvindra Gill | → $45 | Downgrade | Buy → Hold | Get Alert |
12/08/2021 | Buy Now | 11.46% | Jefferies | Mark Lipacis | — | Maintains | Buy | Get Alert |
The latest price target for Tower Semiconductor (NASDAQ:TSEM) was reported by Benchmark on May 10, 2024. The analyst firm set a price target for $50.00 expecting TSEM to rise to within 12 months (a possible 21.15% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Tower Semiconductor (NASDAQ:TSEM) was provided by Benchmark, and Tower Semiconductor reiterated their buy rating.
The last upgrade for Tower Semiconductor Ltd happened on May 10, 2024 when Susquehanna raised their price target to $55. Susquehanna previously had a neutral for Tower Semiconductor Ltd.
The last downgrade for Tower Semiconductor Ltd happened on February 15, 2022 when Needham changed their price target from N/A to $45 for Tower Semiconductor Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Tower Semiconductor, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Tower Semiconductor was filed on May 10, 2024 so you should expect the next rating to be made available sometime around May 10, 2025.
While ratings are subjective and will change, the latest Tower Semiconductor (TSEM) rating was a reiterated with a price target of $40.00 to $50.00. The current price Tower Semiconductor (TSEM) is trading at is $41.27, which is within the analyst’s predicted range.
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