Tower Semiconductor (TSEM) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.88
- Estimate
- $0.76
- Surprise
- +16.1%
- Revenue (period 2026-06-30)
- $460.1M
- Score at report (before → after)
- 5.9 → 5.7/10
Revenue source: mixed.
How the report landed
Tower Semiconductor (TSEM) beat the $0.76 estimate with diluted EPS of $0.88 — a large 16.1% upside surprise. TrendMatrix's engine moved from Hold (5.9/10) to Buy (Wait) at 5.7/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates TSEM Hold at 5.8/10.
4 of the last 4 quarters beat the estimate; this quarter's +16.1% surprise compares with a +11.8% four-quarter average. Next scheduled report: 2026-11-09.
What supports the rating
- Strong earnings beat streak (4/4)
- Earnings estimates trending UP
What argues against it
- Sector modifier (Technology): -0.8
- Expensive valuation
- News modifier +1: SELL_IF_HOLDING → HOLD_IF_HOLDING
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $223.27
- Price target
- $273.97
- Stop
- $206.77
- Upside to target
- +22.7%
- Reward-to-risk
- 2.0:1
The stock trades at 81.4× trailing but 34.1× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-06 — shown for context, not personalized investment advice.
TSEM at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductors
- Market cap
- $25.13B
- P/E (fwd)
- 34.1
- P/E (ttm)
- 81.4
- 52-week range
- $63.54–$319.94
- Off 52-week high
- 30.2%
- RSI (14)
- 31
- Volume vs avg
- 1.24×
- Score today
- 5.8/10