Taiwan Semiconductor Manufacturing (NYSE:TSM) Price Target Raised to $554.00

Taiwan Semiconductor Manufacturing (NYSE:TSM) had its target price lifted by investment analysts at Sanford C. Bernstein from $430.00 to $554.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “outperform” rating on the semiconductor company’s stock. Sanford C. Bernstein’s price target suggests a potential upside of 31.36% from the stock’s current price.

A number of other equities analysts also recently commented on the stock. Weiss Ratings upgraded shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 28th. Zacks Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Barclays increased their price objective on shares of Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, July 6th. Finally, 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 report on Thursday, July 16th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $524.25.

Taiwan Semiconductor Manufacturing Trading Up 0.8%

Taiwan Semiconductor Manufacturing stock traded up $3.27 during mid-day trading on Tuesday, hitting $421.74. The company’s stock had a trading volume of 6,287,660 shares, compared to its average volume of 13,999,714. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.25 and a current ratio of 2.46. The company has a 50 day moving average of $426.67 and a 200-day moving average of $388.05. Taiwan Semiconductor Manufacturing has a one year low of $223.70 and a one year high of $479.00. The stock has a market cap of $2.19 trillion, a PE ratio of 30.41, a P/E/G ratio of 0.96 and a beta of 1.39.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. The business had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.37% and a net margin of 50.31%. On average, research analysts anticipate that Taiwan Semiconductor Manufacturing will post 16.44 EPS for the current year.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In related news, VP Shyue-Shyh Lin bought 1,000 shares of the stock in a transaction dated Tuesday, July 21st. The shares were acquired at an average cost of $74.13 per share, for a total transaction of $74,130.00. Following the acquisition, the vice president directly owned 30,269 shares in the company, valued at approximately $2,243,840.97. This trade represents a 3.42% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Bor-Zen Tien acquired 1,000 shares of the stock in a transaction on Monday, August 3rd. The shares were bought at an average cost of $73.06 per share, for a total transaction of $73,060.00. Following the purchase, the vice president directly owned 14,051 shares of the company’s stock, valued at $1,026,566.06. The trade was a 7.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 18,312 shares of company stock worth $1,347,058. Insiders own 1.11% of the company’s stock.

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Fisher Asset Management LLC raised its position in Taiwan Semiconductor Manufacturing by 1.8% in the 4th quarter. Fisher Asset Management LLC now owns 18,146,900 shares of the semiconductor company’s stock valued at $5,514,662,000 after purchasing an additional 313,773 shares in the last quarter. Van ECK Associates Corp raised its holdings in Taiwan Semiconductor Manufacturing by 11.1% during the fourth quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company’s stock worth $5,307,428,000 after purchasing an additional 1,750,824 shares in the last quarter. Bank of America Corp DE grew its stake in Taiwan Semiconductor Manufacturing by 6.5% during the 4th quarter. Bank of America Corp DE now owns 15,902,819 shares of the semiconductor company’s stock worth $4,832,708,000 after buying an additional 966,926 shares during the last quarter. Jennison Associates LLC increased its position in Taiwan Semiconductor Manufacturing by 6.4% during the fourth quarter. Jennison Associates LLC now owns 13,394,299 shares of the semiconductor company’s stock worth $4,070,393,000 after buying an additional 802,757 shares during the period. Finally, Coatue Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 6.9% in the fourth quarter. Coatue Management LLC now owns 8,629,524 shares of the semiconductor company’s stock valued at $2,622,426,000 after acquiring an additional 556,988 shares during the period. Institutional investors and hedge funds 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: July revenue surged 44.7% year over year. TSMC reported approximately NT$467.58 billion ($14.5 billion) in July sales, up 5.6% from June. The result reinforces expectations that demand for AI accelerators and advanced-node chips remains strong and exceeded the company’s full-year growth outlook. World’s biggest chipmaker TSMC’s sales surge 45% amid buoyant AI demand
• Positive Sentiment: TSMC is positioned to benefit from expanding AI-chip production. Reports that Microsoft is seeking substantial capacity for its Maia 300 processors, alongside the expected ramp of AMD’s Helios AI systems, highlight continuing demand from major chip designers and cloud companies. TSMC’s leading-edge manufacturing and advanced packaging capabilities make it a key supply-chain beneficiary. Microsoft plans Maia 300 chip reveal in September
• Positive Sentiment: A new Sony partnership could diversify long-term growth. TSMC will invest about $1.8 billion in a Kumamoto, Japan, joint venture with Sony to develop and manufacture next-generation image sensors. Sony is expected to hold roughly 60%, with production potentially beginning in 2029 for smartphone, automotive, robotics and physical-AI applications. TSMC to invest $1.8 billion in joint venture with Sony for image sensors
• Positive Sentiment: Analysts raised their earnings expectations. Erste Group lifted its FY2027 EPS forecast to $21.57 from $21.25, while the broader analyst consensus remains positive. The board also approved additional capital spending and a second-quarter dividend, supporting capacity expansion and shareholder returns. TSMC board approves capex, dividend and Sony image-sensor joint venture
• Neutral Sentiment: Multiple senior executives, including CEO Che-Chia Wei, reported small open-market purchases. The transactions may signal management confidence, but their modest size makes them a limited stock catalyst.
• Negative Sentiment: Valuation and execution risks remain. TSM trades at about 30 times earnings after a substantial rally, and investors appear to have anticipated much of the AI-driven growth. Heavy investment in new capacity increases sensitivity to any slowdown in AI orders, while potential U.S. restrictions on advanced-chip shipments to China add geopolitical and compliance risk. Calls for tighter controls on advanced-chip shipments to China

Taiwan Semiconductor Manufacturing Company Profile

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.