Tower Semiconductor stock heads into November 2 results after retreat

Tower Semiconductor will publish its third-quarter 2026 results on November 2 and discuss fourth-quarter guidance during its conference call. The date gives investors a near-term test of whether demand and capacity expansion are supporting the companys growth targets.

Tower Semiconductor stock traded at 147.00 euros on Lang & Schwarz at 4:33 p.m. CEST on Friday, October 30, 2026.

What has changed since our last report

The quote is 14.66 percent below the 172.25 euros reported at Lang & Schwarz in the latest relevant AD HOC NEWS article on October 29 at 4:42 p.m. Berlin time. This market move is separate from the companys operating outlook and does not establish a causal link to a corporate announcement.

Revenue guide sets the benchmark

In its August 4 results release, Tower Semiconductor reported second-quarter revenue of USD 460.08 million, up 24 percent from the year-earlier quarter. Operating profit reached USD 90.29 million and net profit attributable to the company was USD 90.77 million.

The company guided for third-quarter revenue of USD 520 million at the midpoint, with a 5 percent upward or downward range. The midpoint represents a company record and provides the central benchmark for the November release.

Long-term targets raise execution stakes

Management raised its 2028 business-model target to USD 3.6 billion in revenue and USD 1.2 billion in net profit. The outlook depends on customer demand, manufacturing capacity and execution across Tower Semiconductors specialty process platforms.

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