Tower Semiconductor Ltd. (TSEM)

Tower Semiconductor (TSEM) rose 10.89% in its latest session to $152.29, but the stock is still down 33.41% over the past month and sits 52.40% below its 52-week high of $319.94. The rebound comes after a sharp slide that followed the November 2, 2026 report, even though the company beat EPS estimates.

Tower beat its November 2, 2026 EPS estimate, reporting $1.15 against $1.07 expected, a beat of 7.48%. The shares still fell 6.70% in the first session after the report. The stock has now beaten estimates in all seven recent reports, yet three of those beats were followed by a lower share price the next session. Investors appear to be judging the stock on guidance and expectations as well as on the headline figure.

Net profit margin is 19.36% and operating margin is 24.16%, and debt-to-equity is only 0.05. Against that, the trailing P/E of 44.14 is a premium to the sector median of 35.1, and the price-to-sales ratio of 9.40 is above the sector median of 7.6. Return on equity of 11.86% is below the sector median of 13.4%, so the business is growing quickly but not yet earning a high return on its equity.

Eight of nine analysts rate the stock Buy or Strong Buy, with one Hold and no Sell ratings. On November 3, 2026, Wedbush kept its Neutral rating, while Susquehanna kept its Positive rating and Stifel kept its Buy rating. Insiders sold $60.0M of stock over the last 18 months in three sales and made no open-market purchases. Those sales may have been planned in advance, but they stand in contrast to the analysts' confidence.

The base case is that TSEM trades in a wide range while it rebuilds its trend. For the trend to turn, the price needs to reclaim the 20-day EMA at $174.43 and then hold below the 50-day SMA ($204.50); until then the stock remains below both averages, and both moving averages are still sloping down. Growth is the main support. Analysts expect revenue to rise 27.8% this fiscal year and EPS to rise 77.6% to $4.07, and they forecast $7.00 for next year. The median 12-month target of $307.50 sits well above the price, within a range of $235.00 to $335.00, but those targets are the analysts' forecasts, not CleaRank's. A weaker outcome would be a further break below the 52-week low of $87.30, which could happen if the sector sells off or if the next report disappoints after a beat. A better outcome would be a sustained move above the 50-day and 200-day averages, which would show that buyers are willing to pay for the growth.

Support sits at the 52-week low of $87.30, the lowest price in the past year and the level a fall would meet first. Resistance begins at the 20-day EMA of $174.43, the nearest level above the price, which a rebound would test first. Above that is the 50-day SMA at $204.50, and the 200-day SMA at $205.72 sits just above it, so these two averages form a combined resistance zone. The 52-week high of $319.94 is the furthest level above the price and would require a full recovery of the decline from the earlier peak.