Wall Street Zen Downgrades Taiwan Semiconductor Manufacturing (NYSE:TSM) to Hold

Taiwan Semiconductor Manufacturing (NYSE:TSM) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Friday.

Several other analysts have also recently weighed in on TSM. Barclays raised their price objective on shares of Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Itau BBA Securities initiated coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They set an “outperform” rating on the stock. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 17th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday. Finally, Needham & Company LLC reissued a “buy” rating and set a $360.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Monday, October 27th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $371.67.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE:TSM opened at $292.00 on Friday. The stock has a market cap of $1.51 trillion, a P/E ratio of 29.95, a PEG ratio of 1.02 and a beta of 1.31. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. The business’s 50-day moving average price is $290.31 and its two-hundred day moving average price is $249.51. Taiwan Semiconductor Manufacturing has a twelve month low of $134.25 and a twelve month high of $311.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 EPS for the quarter, topping the consensus estimate of $2.59 by $0.33. The company had revenue of $32.36 billion during the quarter, compared to analyst estimates of $951.89 billion. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.Taiwan Semiconductor Manufacturing’s revenue was up 40.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.94 earnings per share. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. As a group, equities analysts predict that Taiwan Semiconductor Manufacturing will post 9.2 EPS for the current fiscal year.

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

Several institutional investors have recently added to or reduced their stakes in TSM. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at about $230,000. Trust Investment Advisors grew its stake in shares of Taiwan Semiconductor Manufacturing by 0.4% in the third quarter. Trust Investment Advisors now owns 19,238 shares of the semiconductor company’s stock worth $5,373,000 after purchasing an additional 86 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of Taiwan Semiconductor Manufacturing in the third quarter worth about $159,551,000. Bell Investment Advisors Inc increased its holdings in Taiwan Semiconductor Manufacturing by 19.7% during the 3rd quarter. Bell Investment Advisors Inc now owns 286 shares of the semiconductor company’s stock valued at $80,000 after purchasing an additional 47 shares during the period. Finally, Tcfg Wealth Management LLC raised its position in Taiwan Semiconductor Manufacturing by 4.5% during the 3rd quarter. Tcfg Wealth Management LLC now owns 2,255 shares of the semiconductor company’s stock valued at $630,000 after purchasing an additional 97 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.