Tower Semiconductor Analysts Increase Their Forecasts After Upbeat Q2 Earnings – Tower Semiconductor (NASDAQ:TSEM)

Tower Semiconductor Ltd. TSEM reported better-than-expected second-quarter monetary outcomes on Monday.

The corporate reported a quarterly income development of 6% year-on-year (Y/Y) to $372.06 million, in comparison with the analyst consensus estimate of $370.23 million. The Israel-based contract chipmaker’s adjusted EPS of fifty cents beat the analyst consensus estimate of 45 cents.

Tower Semiconductor expects third-quarter income of $375.25 million-$414.75 million in comparison with the $394.54 million analyst consensus estimate.

Russell Ellwanger, Chief Govt Officer of Tower Semiconductor, stated, “We now have reported sturdy monetary outcomes for the second quarter of 2025, demonstrating each quarter-over-quarter and year-over-year income development. Our strategic initiatives, backed by the repurposing of a number of factories in the direction of larger capability for RF infrastructure, are nicely underway, and have contributed and can contribute extra strongly within the following quarters to our anticipated development. The momentum now we have gained in our RF infrastructure enterprise, pushed by information facilities and AI expansions, is especially noteworthy, with buyer forecasts persevering with to extend. We’re nicely poised to profit on this market, as evidenced by our primary market share place.”

Tower Semiconductor shares fell 1.3% to commerce at $50.31 on Tuesday.

These analysts made modifications to their value targets on Tower Semiconductor following earnings announcement.

• Susquehanna analyst Medhi Hosseini maintained Tower Semiconductor with a Constructive ranking and raised the value goal from $60 to $66.
• Benchmark analyst Cody Acree maintained the inventory with a Purchase and raised the value goal from $60 to $66.

Contemplating shopping for TSEM inventory? Right here’s what analysts suppose: