Investment Analysts’ Recent Ratings Updates for Taiwan Semiconductor Manufacturing (TSM)

Several brokerages have updated their recommendations and price targets on shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) in the last few weeks:

• 10/16/2026 – Taiwan Semiconductor Manufacturing had its price target raised by Barclays PLC from $665.00 to $670.00. They now have an “overweight” rating on the stock.
• 10/16/2026 – Taiwan Semiconductor Manufacturing had its “buy” rating reaffirmed by DA Davidson. They now have a $500.00 price target on the stock.
• 10/15/2026 – Taiwan Semiconductor Manufacturing had its price target raised by Needham & Company LLC from $530.00 to $560.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Taiwan Semiconductor Manufacturing had its “buy” rating reaffirmed by Citigroup Inc..
• 10/6/2026 – Taiwan Semiconductor Manufacturing was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 10/6/2026 – Taiwan Semiconductor Manufacturing had its price target raised by Barclays PLC from $650.00 to $665.00. They now have an “overweight” rating on the stock.
• 9/22/2026 – Taiwan Semiconductor Manufacturing was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 9/9/2026 – Taiwan Semiconductor Manufacturing was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 9/1/2026 – Taiwan Semiconductor Manufacturing is now covered by Stifel Nicolaus. They set a “buy” rating and a $515.00 price target on the stock.
• 8/26/2026 – Taiwan Semiconductor Manufacturing was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be issued a $1.0854 dividend. This is a drop from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $4.34 dividend on an annualized basis and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing’s payout ratio is presently 22.27%.

Insider Buying and Selling

In other news, VP Bor-Zen Tien acquired 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were acquired at an average price of $73.06 per share, for a total transaction of $73,060.00. Following the completion of the purchase, the vice president owned 14,051 shares in the company, valued at approximately $1,026,566.06. This trade represents a 7.66% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Lipen Yuan acquired 350 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was purchased at an average price of $73.58 per share, for a total transaction of $25,753.00. Following the purchase, the vice president owned 2,000 shares of the company’s stock, valued at $147,160. The trade was a 21.21% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 8,043 shares of company stock worth $598,956 in the last ninety days. 1.11% of the stock is currently owned by insiders.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a dedicated semiconductor foundry headquartered in Hsinchu, Taiwan. The company manufactures integrated circuits for customers that design their own chips, allowing semiconductor, electronics, and technology companies to outsource production rather than operate their own fabrication facilities.

TSMC provides wafer fabrication services across a broad range of process technologies, including advanced nodes used in high-performance computing, smartphones, automotive systems, and artificial intelligence applications.