1. Tower Semiconductor Ltd. (NASDAQ:TSEM)
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.
The company said it expects Q2 2026 revenue of approximately $455M, plus or minus 5%, representing 22% year-over-year growth and 10% sequential growth. Tower Semiconductor also said it expects sequential quarter-over-quarter revenue and margin expansion throughout 2026.
Tower Semiconductor Ltd. (NASDAQ:TSEM) operates as an independent semiconductor foundry serving customers across the United States, Asia, Europe, and other international markets.
While we acknowledge the potential of TSEM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSEM and that has 100x upside potential, check out our report about the cheapest AI stock.
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