Tower Semiconductor Ltd. (NASDAQ:TSEM) is one of the On May 14, 2026, Susquehanna raised the firm’s price target on Tower Semiconductor Ltd. (NASDAQ:TSEM) to $330 from $180 and kept a Positive rating on the shares.
The firm updated its estimates following the company’s recent results and outlook, as well as planned capacity expansion and revised long-term revenue and operating margin targets tied to the RF infrastructure ramp
Benchmark analyst Cody Acree also raised the firm’s price target on Tower Semiconductor Ltd. (NASDAQ:TSEM) to $335 from $230 and kept a Buy rating on the shares. On May 13, 2026, Tower Semiconductor Ltd. (NASDAQ:TSEM) reported Q1 adjusted EPS of 65c, versus the consensus estimate of 56c. Revenue totaled $413.63M, versus the consensus estimate of $410.98M.
CEO Russell Ellwanger said the company delivered a strong start to 2026, supported by broad-based year-over-year revenue growth across its major technology platforms and continued execution of strategic priorities. Ellwanger added that Q2 guidance points to the highest quarterly revenue in company history, with sequential revenue growth expected throughout the rest of the year. Management highlighted strong customer demand, expanding content opportunities, and increasing contributions from the company’s differentiated technology portfolio, particularly in silicon photonics for AI infrastructure.