Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report)'s stock had its "buy" rating reaffirmed by investment analysts at DA Davidson in a research note issued on Friday, Benzinga reports. They currently have a $500.00 price objective on the semiconductor company's stock. DA Davidson's price objective points to a potential upside of 20.78% from the stock's previous close.

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TSM has been the topic of a number of other reports. TD Cowen raised their price target on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a "hold" rating in a research note on Friday, July 17th. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 7th. Zacks Research raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 16th. Stifel Nicolaus started coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, September 1st. They issued a "buy" rating and a $515.00 target price for the company. Finally, Sanford C. Bernstein increased their target price on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an "outperform" rating in a research report on Tuesday, August 11th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $528.78.

View Our Latest Report on TSM

Taiwan Semiconductor Manufacturing Price Performance

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Shares of Taiwan Semiconductor Manufacturing stock traded down $8.28 on Friday, hitting $413.97. The company's stock had a trading volume of 9,208,129 shares, compared to its average volume of 13,059,369. The company has a market capitalization of $2.15 trillion, a price-to-earnings ratio of 29.89, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37. Taiwan Semiconductor Manufacturing has a 1 year low of $266.82 and a 1 year high of $487.47. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. The firm has a fifty day moving average price of $434.85 and a 200-day moving average price of $417.14.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings results on Tuesday, September 8th. The semiconductor company reported $4.62 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%. The company had revenue of $46.87 billion for the quarter. As a group, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing will post 16.60 earnings per share for the current fiscal year.

Insider Transactions at Taiwan Semiconductor Manufacturing

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In other Taiwan Semiconductor Manufacturing news, VP Shyue-Shyh Lin purchased 1,000 shares of the firm's stock in a transaction on Tuesday, July 21st. The stock was bought at an average cost of $74.13 per share, with a total value of $74,130.00. Following the acquisition, the vice president directly owned 30,269 shares of the company's stock, valued at approximately $2,243,840.97. This represents a 3.42% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Lipen Yuan bought 350 shares of the business's stock in a transaction dated Tuesday, August 18th. The shares were purchased at an average price of $73.58 per share, for a total transaction of $25,753.00. Following the transaction, the vice president directly owned 2,000 shares of the company's stock, valued at approximately $147,160. This represents a 21.21% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have purchased 16,043 shares of company stock valued at $1,185,746. 1.11% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

A number of large investors have recently bought and sold shares of the company. Tiger Global Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 49.4% in the 1st quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company's stock valued at $1,880,717,000 after purchasing an additional 1,839,600 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 168.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company's stock valued at $636,077,000 after buying an additional 1,313,917 shares during the period. Corient Private Wealth LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 330.0% in the 4th quarter. Corient Private Wealth LLC now owns 1,583,175 shares of the semiconductor company's stock valued at $481,111,000 after buying an additional 1,215,035 shares during the period. Fundsmith LLP purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $548,465,000. Finally, Assenagon Asset Management S.A. purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $490,461,000. Hedge funds and other institutional investors own 16.51% of the company's stock.

Key Stories Impacting Taiwan Semiconductor Manufacturing

Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:

• Positive Sentiment: TSMC reported its sixth consecutive record-profit quarter. Third-quarter net income rose approximately 69% year over year to about NT$763 billion, while revenue increased roughly 51%; both figures exceeded analyst expectations. TSMC posts record profit for a sixth straight quarter
• Positive Sentiment: Management guided for fourth-quarter revenue of $52.3 billion to $54.3 billion, well above the approximately $48.8 billion consensus estimate, reinforcing that demand for advanced AI and high-performance-computing chips remains strong. TSMC earnings report
• Positive Sentiment: Investors received additional long-term growth signals: 2026 revenue is expected to rise about 44%, while annual 2-nanometer capacity is expected to more than double in 2027. Advanced technologies already represent about 79% of wafer revenue. Three key takeaways for long-term investors
• Neutral Sentiment: TSMC is reportedly exploring additional Texas capacity, including potential participation in Elon Musk’s proposed “Terafab” complex. Separately, Taiwan is backing industrial parks for Nvidia suppliers, which could expand the U.S. semiconductor ecosystem but may increase execution and geographic-expansion demands. TSMC and Elon Musk’s Terafab talks
• Negative Sentiment: The main concern is spending: TSMC may invest as much as $64 billion in capital expenditures this year. Although the investment supports future AI capacity, investors worry about oversupply, execution risk, and whether customer demand will justify the enormous buildout. TSMC’s $64 billion spending plan
• Negative Sentiment: TSM is also being pressured by a wider chip-sector selloff tied to inflation, higher interest rates, and concerns about debt financing for AI infrastructure companies such as CoreWeave and Oracle. Strong results were therefore insufficient to overcome profit-taking and fears that the AI trade may be overextended. Chip stocks tumble on AI investment worries

Taiwan Semiconductor Manufacturing Company Profile

(Get Free Report)

Taiwan Semiconductor Manufacturing Company Limited NYSE: TSM, commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world's largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.

TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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