What is Erste Group Bank’s Estimate for TSM FY2027 Earnings?

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) – Analysts at Erste Group Bank increased their FY2027 earnings per share estimates for Taiwan Semiconductor Manufacturing in a research note issued to investors on Wednesday, August 5th. Erste Group Bank analyst H. Engel now anticipates that the semiconductor company will post earnings of $21.57 per share for the year, up from their previous estimate of $21.25. The consensus estimate for Taiwan Semiconductor Manufacturing’s current full-year earnings is $16.44 per share.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.37% and a net margin of 50.31%.The business had revenue of $39.89 billion during the quarter.

A number of other equities analysts have also recently commented on TSM. Barclays lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Zacks Research raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. TD Cowen upped their price objective on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a research report on Friday, July 17th. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Weiss Ratings upgraded Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $496.25.

Taiwan Semiconductor Manufacturing Stock Down 0.2%

TSM opened at $419.34 on Tuesday. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.13. Taiwan Semiconductor Manufacturing has a 1-year low of $223.70 and a 1-year high of $479.00. The company has a market capitalization of $2.17 trillion, a PE ratio of 30.26, a PEG ratio of 0.96 and a beta of 1.39. The firm’s 50 day simple moving average is $426.67 and its two-hundred day simple moving average is $388.05.

Insiders Place Their Bets

In related news, VP Lipen Yuan bought 1,000 shares of the stock in a transaction on Monday, June 22nd. The stock was bought at an average price of $79.19 per share, with a total value of $79,190.00. Following the completion of the purchase, the vice president directly owned 5,000 shares in the company, valued at $395,950. This represents a 25.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Tzu-Sou Chuang sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total transaction of $13,966,000.00. Following the completion of the transaction, the vice president owned 2,495,165 shares in the company, valued at approximately $174,237,371.95. This represents a 7.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders acquired 18,312 shares of company stock worth $1,347,058. Company insiders own 1.11% of the company’s stock.

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

Several hedge funds have recently modified their holdings of the company. Madison Asset Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 2nd quarter worth about $8,463,000. OV Management LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter worth approximately $117,000. Monetta Financial Services Inc. acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter worth approximately $1,480,000. Foster & Motley Inc. purchased a new stake in Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $887,000. Finally, Trust Co. of Vermont purchased a new stake in Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $47,978,000. 16.51% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: AI demand continues to drive exceptional sales growth. TSMC reported July revenue of approximately NT$467.58 billion ($14.5 billion), up 44.7% year over year and 5.6% from June. The result exceeded the company’s full-year growth outlook and reinforces expectations for sustained demand for advanced processors and AI accelerators. TSMC sales surge amid buoyant AI demand
• Positive Sentiment: TSMC is expanding into image sensors with Sony. The company will invest about 282 billion yen ($1.77 billion) in a joint venture with Sony to develop and manufacture next-generation image sensors. The broader project is expected to involve roughly $6.3 billion of investment, with potential applications in smartphones, vehicles, robotics and physical AI. Commercial production could begin in Japan as early as 2029. TSMC investment with Sony for image sensors
• Positive Sentiment: Potential hyperscaler orders provide additional upside. Microsoft is reportedly seeking substantially greater TSMC capacity for its Maia 300 AI chips, potentially exceeding 300,000 units and eventually reaching more than one million. Packaging and component constraints could limit the near-term benefit, but the plan highlights TSMC’s importance to custom AI-chip production. Microsoft plans Maia 300 chip reveal
• Neutral Sentiment: Bernstein analysts said CPUs could become a new growth driver as agentic AI increases demand for computing infrastructure. Multiple TSMC executives, including the CEO, CFO and COOs, also reported small open-market purchases, a modest signal of management confidence.
• Negative Sentiment: Strong results have produced a muted stock response. Investors may already expect exceptional AI growth, making further gains dependent on results that continue to exceed elevated expectations. TSMC’s premium valuation increases the risk of a pullback if growth or margins disappoint.
• Negative Sentiment: U.S. lawmakers are calling for tighter controls on advanced-chip shipments to Chinese customers. New restrictions could reduce addressable demand, increase compliance costs and add geopolitical risk for TSMC. Calls for tighter controls on advanced-chip shipments

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.

TSMC’s service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.