Taiwan Semiconductor Manufacturing (NYSE:TSM) Price Target Raised to $665.00

Taiwan Semiconductor Manufacturing (NYSE:TSM) had its price target upped by Barclays from $650.00 to $665.00 in a report released on Tuesday,Benzinga reports. They currently have an overweight rating on the semiconductor company’s stock.

Other equities research analysts have also issued research reports about the stock. Stifel Nicolaus initiated coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They set a “buy” rating and a $515.00 target price for the company. Weiss Ratings raised shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, September 22nd. Bank of America boosted their price target on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Susquehanna upped their price objective on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a research note on Thursday, July 16th. Finally, Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of “Buy” and a consensus target price of $524.89.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE:TSM opened at $457.94 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.46 and a quick ratio of 2.25. The business’s 50 day moving average price is $432.16 and its 200-day moving average price is $413.53. The firm has a market capitalization of $2.38 trillion, a PE ratio of 33.04, a P/E/G ratio of 1.05 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.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. The firm had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%. As a group, equities research analysts expect that Taiwan Semiconductor Manufacturing will post 16.56 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be issued a $1.0854 dividend. This represents a $4.34 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, December 10th. This is a decrease from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 24.75%.

Insiders Place Their Bets

In related news, VP Lipen Yuan purchased 350 shares of Taiwan Semiconductor Manufacturing stock in a transaction dated Tuesday, August 18th. The shares were acquired at an average price of $73.58 per share, for a total transaction of $25,753.00. Following the acquisition, the vice president directly owned 2,000 shares in the company, valued at approximately $147,160. The trade was a 21.21% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Shyue-Shyh Lin purchased 1,000 shares of the stock in a transaction dated Tuesday, July 21st. The shares were purchased at an average cost of $74.13 per share, for a total transaction of $74,130.00. Following the transaction, the vice president owned 30,269 shares in the company, valued at approximately $2,243,840.97. The trade was a 3.42% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 16,043 shares of company stock valued at $1,185,746 in the last three months. 1.11% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

A number of institutional investors have recently bought and sold shares of the company. Tiger Global Management LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 49.4% during the 1st quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock worth $1,880,717,000 after purchasing an additional 1,839,600 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its position in Taiwan Semiconductor Manufacturing by 168.6% in the fourth 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 last quarter. Corient Private Wealth LLC lifted its position in Taiwan Semiconductor Manufacturing by 330.0% in the fourth 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 last quarter. Fundsmith LLP purchased a new position in Taiwan Semiconductor Manufacturing during the second quarter worth about $548,465,000. Finally, Deutsche Bank AG boosted its stake in Taiwan Semiconductor Manufacturing by 94.3% during the fourth quarter. Deutsche Bank AG now owns 2,264,367 shares of the semiconductor company’s stock worth $688,118,000 after buying an additional 1,098,727 shares during the period. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing News Summary

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

• Positive Sentiment: Record AI-driven revenue: TSMC reported third-quarter revenue of NT$1.49 trillion (about $46.7 billion), up roughly 50% year over year and ahead of analyst expectations. September sales rose 54.6% year over year to NT$511.86 billion, reinforcing evidence that demand for advanced AI chips remains robust. TSMC’s third-quarter revenue surges to record, beating market forecast
• Positive Sentiment: Potential Musk-related business: Reports indicate TSMC could win a substantial contract connected to Tesla and SpaceX’s planned Terafab project. However, the companies are expected to retain operational control, with TSMC potentially subleasing part of the facility rather than running it. Elon Musk Delivered Massive News for Taiwan Semiconductor Stock Investors
• Positive Sentiment: Expanded packaging ecosystem: TSMC signed a multiyear, $2 billion agreement with GlobalFoundries for U.S.-made silicon interposers supporting its CoWoS advanced-packaging technology. The partnership should increase packaging capacity for AI and high-performance computing, although production is not expected to ramp until 2028. GlobalFoundries Lands $2 Billion TSMC Deal to Expand US AI Chip Packaging
• Neutral Sentiment: Several TSMC executives, including CEO Che-Chia Wei, reported modest open-market purchases. The buying may signal management confidence, but the transactions were relatively small compared with the company’s market value. Taiwan Semiconductor Manufacturing CEO Purchases Shares
• Negative Sentiment: Shares faced selling pressure after a powerful rally toward their 52-week high. Rising oil prices and Treasury yields weakened the broader technology market, while investors questioned whether record AI results were already reflected in TSM’s premium valuation.
• Negative Sentiment: Mixed headlines about Terafab created uncertainty: Musk ruled out TSMC operating the facility, and Intel will remain involved. That reduces the near-term certainty of any potential Musk-related revenue opportunity.

About Taiwan Semiconductor Manufacturing

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.