Tower Semiconductor (TSEM) slips as investors take profits after a sharp post-earnings run

Tower Semiconductor Ltd. (TSEM) is down 3.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears consistent with profit-taking after TSEM’s strong rally earlier in May following upbeat quarterly results and long-dated silicon photonics demand signals. With no clear, company-specific negative headline, broader day-to-day volatility in semiconductor stocks and sensitivity to interest-rate expectations may also be contributing.

Details:

Tower’s May 13, 2026 earnings release showed first-quarter 2026 revenue of $414 million and net profit of $65 million, alongside a record revenue outlook for the following quarter.

The same update highlighted customer commitments in silicon photonics, including contracts targeting $1.3 billion of 2027 revenue and $290 million of prepaid capacity reservations, which helped reset near-term sentiment and pushed shares higher earlier this month.

Recent market sessions have seen rotation and pullbacks across chip stocks as investors reassess valuation after a strong sector run and react to shifting bond-yield/backdrop.

This could also reflect short-term positioning ahead of upcoming investor-conference appearances rather than a change in fundamentals.

Sources:

Tower Semiconductor Investor Relations (GlobeNewswire/SEC 6-K), Yahoo Finance, MarketScreener

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$TSEM Hedge Fund Activity

We have seen 207 institutional investors add shares of $TSEM stock to their portfolio, and 194 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ added 2,673,246 shares (+57.1%) to their portfolio in Q1 2026, for an estimated $469,101,208
GOLDMAN SACHS GROUP INC removed 1,798,515 shares (-81.5%) from their portfolio in Q1 2026, for an estimated $315,603,412
SENVEST MANAGEMENT, LLC removed 1,699,577 shares (-42.8%) from their portfolio in Q1 2026, for an estimated $298,241,771
POINT72 ASSET MANAGEMENT, L.P. removed 1,613,540 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $283,143,999
CAPITAL WORLD INVESTORS added 1,326,761 shares (+inf%) to their portfolio in Q1 2026, for an estimated $232,820,020
CAPITAL INTERNATIONAL INVESTORS removed 1,322,862 shares (-69.8%) from their portfolio in Q1 2026, for an estimated $232,135,823
VICTORY CAPITAL MANAGEMENT INC removed 1,212,285 shares (-85.6%) from their portfolio in Q4 2025, for an estimated $142,346,504

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$TSEM Analyst Ratings

Wall Street analysts have issued reports on $TSEM in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Benchmark issued a "Buy" rating on 02/12/2026

To track analyst ratings and price targets for $TSEM, check out Quiver Quantitative's $TSEM forecast page.

$TSEM Price Targets

Multiple analysts have issued price targets for $TSEM recently. We have seen 4 analysts offer price targets for $TSEM in the last 6 months, with a median target of $315.0.

Here are some recent targets:

Cody Acree from Benchmark set a target price of $335.0 on 05/14/2026
Medhi Hosseini from Susquehanna set a target price of $330.0 on 05/14/2026
Matt Bryson from Wedbush set a target price of $300.0 on 05/14/2026
Tavy Rosner from Barclays set a target price of $142.0 on 02/13/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.