---
title: "Tower Semiconductor Analysts Boost Their Forecasts Following Better-Than-Expected Q1 Earnings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286435168.md"
description: "Tower Semiconductor Ltd. (NASDAQ:TSEM) reported strong Q1 results, with revenue of $413.63 million, exceeding expectations. Adjusted earnings were 65 cents per share, surpassing forecasts. The company raised its Q2 guidance, expecting revenue between $432.25 million and $477.75 million. Analysts have adjusted their price targets, with Wedbush raising it to $300, Susquehanna to $330, and Benchmark to $335. Shares rose 2.3% to $17.32 following the announcement."
datetime: "2026-05-14T14:45:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286435168.md)
  - [en](https://longbridge.com/en/news/286435168.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286435168.md)
---

# Tower Semiconductor Analysts Boost Their Forecasts Following Better-Than-Expected Q1 Earnings

**Tower Semiconductor Ltd.** (NASDAQ:TSEM) on Wednesday reported stronger-than-expected first-quarter results and issued upbeat second-quarter guidance.

The company posted first-quarter revenue of $413.63 million, up 15% from a year earlier and ahead of analysts’ estimates of $410.98 million. Adjusted earnings came in at 65 cents per share, topping Wall Street expectations of 56 cents per share.

Tower Semiconductor forecast second-quarter revenue of $432.25 million to $477.75 million, compared with analysts’ estimates of $436.38 million.

Russell Ellwanger, Chief Executive Officer of Tower Semiconductor, said, “We delivered a strong start to 2026, with broad-based year-over-year revenue growth across our key technology platforms and continued execution with strong advancement of our strategic priorities. Our second quarter guidance positions us with the highest quarterly revenue in Tower’s history, with expected sequential quarter-over-quarter growth throughout the remainder of the year. This demonstrates strong customer demand, expanding content opportunities and the increasing contribution of our leading and differentiated technology portfolio, particularly in silicon photonics for AI infrastructure.”

Tower Semiconductor shares gained 2.3% to trade at $17.32 on Thursday.

These analysts made changes to their price targets on Tower Semiconductor following earnings announcement.

-   Wedbush analyst Matt Bryson maintained Tower Semiconductor with a Neutral and raised the price target from $140 to $300.
-   Susquehanna analyst Medhi Hosseini maintained the stock with a Positive and raised the price target from $180 to $330.
-   Benchmark analyst Cody Acree maintained Tower Semiconductor with a Buy and raised the price target from $230 to $335.

**_Photo via Shutterstock_**

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