Mizuho sets USD 300 target for Tower Semiconductor stock

Published on 10/12/2026 at 10:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tower revenue rose 24.00 percent to USD 460.08 million in Q2 2026. Tower Semiconductor stock costs EUR 203.00 on October 12, 2026.

Key points in brief

Mizuho initiated coverage of Tower Semiconductor with an Outperform rating and a USD 300.00 price target on September 25, 2026.
Tower reported second-quarter 2026 revenue of USD 460.08 million, up 24.00 percent year over year.
Tower Semiconductor stock was trading at EUR 203.00 at Lang & Schwarz on October 12, 2026 at 10:06 a.m. CEST.
The company scheduled its Technical Global Symposium for November 17, 2026, in Santa Clara.

Tower Semiconductor, IL0010823792, Illustration mit AI erstellt.

Tower Semiconductor (ISIN IL0010823792) was trading at EUR 203.00 at Lang & Schwarz on October 12, 2026, at 10:06 a.m. CEST. Mizuho initiated coverage on September 25, 2026, with an Outperform rating and a USD 300.00 price target, according to Yahoo Finance.

Analyst target follows strong quarter

The Mizuho target followed Tower's second-quarter 2026 results and its expanding silicon photonics business. The company reported revenue of USD 460.08 million for the quarter, up 24.00 percent from the second quarter of 2025, while net profit reached USD 90.77 million, compared with USD 46.55 million a year earlier, according to Tower Semiconductor in its August 4, 2026 filing.

Tower also guided for third-quarter 2026 revenue of USD 520.00 million, with a 5.00 percent range around that figure. The midpoint represented 31.00 percent year-over-year growth and 13.00 percent sequential growth, giving the analyst target a concrete operating benchmark.

What does the photonics rollout add?

On September 17, 2026, Tower and NewPhotonics announced high-volume shipments of optical engine photonic integrated circuits for artificial intelligence data-center interconnects. The products support data rates from 800G to 1.6T, with future 6.4T shipments planned for the first half of 2027, as StockTitan reported.

Three dated milestones

On August 4, 2026, Tower reported second-quarter revenue of USD 460.08 million and issued USD 520.00 million third-quarter guidance. On September 17, 2026, the company disclosed 800G to 1.6T photonics shipments. On September 25, 2026, Mizuho set its USD 300.00 target and Outperform rating.

Next company date

Tower's next substantiated public event is its Technical Global Symposium on November 17, 2026, in Santa Clara, California, according to StockTitan. The event is scheduled to cover silicon photonics, SiGe, RF and other process platforms linked to artificial intelligence infrastructure.

EUR 203.00 intraday price

Tower Semiconductor was trading at EUR 203.00 at Lang & Schwarz on October 12, 2026, at 10:06 a.m. CEST. Its primary listing is Nasdaq in USD, while the company also identifies TASE in its corporate filings; the Lang & Schwarz euro quotation remains the reference for German-market readers.

The further course of trading is shown by the continuously updated real-time quote of Tower Semiconductor stock.