Barclays Raises its Price Target on Tower Semiconductor Ltd. (TSEM) to $142 and Maintains an Equal Weight Rating

Tower Semiconductor Ltd. (NASDAQ:TSEM) is among the 12 Best Tech Stocks that Beat Earnings Estimates.

On February 13, 2026, Barclays raised its price target on Tower Semiconductor Ltd. (NASDAQ:TSEM) to $142 from $114 and maintained an Equal Weight rating.

Also on February 12, 2026, Wedbush raised its price target to $140 from $125 and kept a Neutral rating, viewing the quarterly update as largely positive as management lifted SiPh investment and revised longer-term targets to reflect greater benefit from the opportunity. Wedbush added that investors likely anticipated the update, with new growth and margin targets largely reflected in the current valuation. Susquehanna raised its price target the same day to $180 from $135 and maintained a Positive rating, increasing estimates to reflect quarterly results, outlook, planned capacity expansion, and updated long-term revenue and margin targets.

Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process.

On February 11, 2026, Tower Semiconductor reported Q4 revenue of $440M versus consensus of $439.81M. CEO Russell Ellwanger said the company achieved its highest-ever quarterly revenue with a substantial increase in profitability, driven by growth across key technology platforms and strong performance from its SiPho platforms. He noted a previously announced $650 million CapEx investment targeted for full qualification in the second half of 2026 and announced an additional $270 million investment to expand SiPho capacity and capability. He added that the total $920 million investment targets December 2026 SiPho wafer starts capacity at more than five times Q4 2025 monthly shipments, supported by customer committed consumption, and said the company is targeting sequential quarterly increases in revenue and profitability during 2026.

Tower Semiconductor Ltd. (NASDAQ:TSEM) is an independent semiconductor foundry providing technology, development, and process platforms for integrated circuits globally.

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