**Stifel Initiates Coverage of Tower Semiconductor with Buy Rating**
On September 2, 2026, Stifel initiated coverage of Tower Semiconductor (NASDAQGS:TSEM) with a “Buy” recommendation. The average one-year price target for the company is $292.71 per share, indicating a potential upside of 41.53% from its latest closing price of $206.81.
In terms of financial projections, Tower Semiconductor anticipates annual revenue of $1,816 million, reflecting a growth of 6.22%. Additionally, the projected non-GAAP earnings per share (EPS) stands at 2.69. Currently, 763 institutions are invested in Tower Semiconductor, marking a notable increase of 367 (92.68%) from the previous quarter. Institutional ownership has risen 11.54% over the last three months, with a total of 80,959K shares now held by these organizations. The put/call ratio for TSEM is recorded at 0.91, suggesting a bullish market outlook.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
