Tower Semiconductor (NASDAQ:TSEM) Shares Down 9.6% – Should You Sell?

Posted by Geri Gentry on Aug 18th, 2026

Tower Semiconductor Ltd. (NASDAQ:TSEM – Get Free Report)’s share price traded down 9.6% on Tuesday . The company traded as low as $241.83 and last traded at $238.5080. 530,787 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 2,354,208 shares. The stock had previously closed at $263.73.

Analyst Ratings Changes

TSEM has been the topic of a number of research reports. Wedbush boosted their target price on shares of Tower Semiconductor from $140.00 to $300.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Susquehanna increased their price target on Tower Semiconductor from $180.00 to $330.00 and gave the company a “positive” rating in a research note on Thursday, May 14th. National Bank Financial raised Tower Semiconductor to a “buy” rating in a report on Friday, August 7th. Bank of America assumed coverage on Tower Semiconductor in a research report on Friday, August 7th. They set a “buy” rating and a $367.00 price objective on the stock. Finally, Benchmark reaffirmed a “buy” rating on shares of Tower Semiconductor in a report on Wednesday, August 5th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $294.80.

Check Out Our Latest Report on Tower Semiconductor

Tower Semiconductor Stock Performance

The company’s 50-day simple moving average is $245.04 and its 200-day simple moving average is $206.73. The stock has a market capitalization of $27.07 billion, a price-to-earnings ratio of 94.71 and a beta of 0.90. The company has a current ratio of 4.91, a quick ratio of 4.31 and a debt-to-equity ratio of 0.04.

Tower Semiconductor (NASDAQ:TSEM – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.12. Tower Semiconductor had a net margin of 16.94% and a return on equity of 9.83%. The company had revenue of $460.08 million for the quarter, compared to analyst estimates of $454.68 million. During the same quarter in the previous year, the business earned $0.41 earnings per share. Tower Semiconductor’s revenue was up 23.7% compared to the same quarter last year. On average, analysts expect that Tower Semiconductor Ltd. will post 3.57 EPS for the current year.

Insider Activity at Tower Semiconductor

In other Tower Semiconductor news, CEO Russell Craig Ellwanger sold 104,226 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $248.34, for a total value of $25,883,484.84. Following the sale, the chief executive officer owned 526,788 shares in the company, valued at approximately $130,822,531.92. The trade was a 16.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Tower Semiconductor

A number of hedge funds have recently made changes to their positions in TSEM. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in Tower Semiconductor by 0.8% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,002,806 shares of the semiconductor company’s stock valued at $352,589,000 after acquiring an additional 25,000 shares during the last quarter. Rockingstone Advisors LLC bought a new position in Tower Semiconductor during the 4th quarter worth approximately $5,296,000. Swiss National Bank lifted its position in shares of Tower Semiconductor by 86.0% in the 1st quarter. Swiss National Bank now owns 414,850 shares of the semiconductor company’s stock worth $70,625,000 after purchasing an additional 191,839 shares during the period. WT Asset Management Ltd acquired a new position in shares of Tower Semiconductor in the 4th quarter worth approximately $78,967,000. Finally, Pier Capital LLC boosted its stake in shares of Tower Semiconductor by 31.4% in the 4th quarter. Pier Capital LLC now owns 67,520 shares of the semiconductor company’s stock valued at $7,928,000 after purchasing an additional 16,116 shares during the last quarter. 70.51% of the stock is currently owned by institutional investors.

About Tower Semiconductor

(Get Free Report)

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.