Wedbush maintains a USD 300 target for Tower Semiconductor stock
Published on 10/27/2026 at 17:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and operating outlook
- Wedbush maintained a USD 300.00 target and Hold rating on October 26, 2026.
- Tower set a USD 3.6 billion revenue target for 2028.
- Tower Semiconductor stock costs EUR 168.75 at Lang & Schwarz on October 27, 2026 at 5:33 p.m. CEST.
- The price-to-earnings ratio was 73.23 and market capitalization was USD 21.2 billion on October 27, 2026.
Tower Semiconductor (ISIN IL0010823792) remains under analyst scrutiny after Wedbush maintained a Hold rating and set a USD 300.00 price target on October 26, 2026, according to Markets Insider. The stock was trading at EUR 168.75 at Lang & Schwarz on October 27, 2026 at 5:33 p.m. CEST.
USD 300 target meets long-term plan
The analyst action arrives as Tower's longer-term model points to substantial expansion. In its August 4, 2026 results release, the company raised its 2028 business-model target to USD 3.6 billion in revenue and USD 1.2 billion in net profit, with customer commitments cited as support for the plan. The figures were included in the company release filed through its investor-relations site.
The same release described silicon photonics revenue at a USD 680.00 million annual run rate in the second quarter of 2026, compared with USD 180.00 million a year earlier. That comparison places the photonics operation alongside the broader 2028 targets as a key operating measure, although the figures are management targets and run-rate metrics rather than reported annual revenue.
Nasdaq price stays below yearly high
On the Nasdaq, Tower Semiconductor was trading at USD 187.00 on October 27, 2026 at 12:33 p.m. ET, up 4.62 percent from the prior session's USD 178.75. The quote stood within a 52-week range of USD 77.04 to USD 319.94, leaving it 41.56 percent below the high. Trading volume was 794,146 shares at the recorded time.
The valuation remains demanding relative to the scale of the current business. Tower's price-to-earnings ratio was 73.23 and its market capitalization was USD 21.2 billion on October 27, 2026. GlobalFoundries had a ratio of 36.48 and market capitalization of USD 25.6 billion, while United Microelectronics had a ratio of 18.42 and market capitalization of USD 48.4 billion on the same date.
November reporting date is next
Tower has scheduled its third-quarter 2026 results and conference call for November 2, 2026, according to Tower Semiconductor. The company said the call will also cover fourth-quarter guidance. Its August release lists demand fluctuations, capacity expansion and geopolitical conditions among the risks that could affect future results.
Analyst target sets the market question
The central issue is whether Tower can convert its photonics and specialty-foundry expansion into the profit scale embedded in its 2028 model. Wedbush's USD 300.00 target sits above the Nasdaq price of USD 187.00, while the current valuation already assumes meaningful execution.
Euro quote after the Xetra close
The euro quote stood at EUR 168.75 at Lang & Schwarz on October 27, 2026 at 5:33 p.m. CEST. On the Nasdaq, the stock was trading at USD 187.00 at 12:33 p.m. ET on the same date.
The further course of trading is shown by the continuously updated real-time quote of Tower Semiconductor stock.
Tower Semiconductor stock facts
- Company: Tower Semiconductor Ltd.
- ISIN: IL0010823792
- Ticker: TSEM
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 27, 2026, 5:33 p.m. CEST): EUR 168.75
- Change on Nasdaq: plus 4.62 percent versus the prior session
- Market capitalization: USD 21.2 billion (as of October 27, 2026)
- 52-week range: USD 77.04-319.94 (as of October 27, 2026)
- Sector / Industry: Technology / Semiconductors
Market context: Market report TA-35.
