Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock Price Expected to Rise, TD Cowen Analyst Says

Taiwan Semiconductor Manufacturing (NYSE:TSM) had its target price lifted by analysts at TD Cowen from $400.00 to $440.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “hold” rating on the semiconductor company’s stock. TD Cowen’s target price suggests a potential upside of 10.38% from the stock’s current price.

A number of other analysts have also recently issued reports on the stock. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, July 6th. Needham & Company LLC increased their price target on shares of Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. DA Davidson set a $500.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Friday. Bank of America raised their price target on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Finally, Weiss Ratings lowered shares of Taiwan Semiconductor Manufacturing from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $490.00.

Taiwan Semiconductor Manufacturing Stock Down 2.7%

Shares of Taiwan Semiconductor Manufacturing stock traded down $11.12 during trading on Friday, hitting $398.62. 8,252,086 shares of the stock traded hands, compared to its average volume of 13,968,805. The stock has a market cap of $2.07 trillion, a P/E ratio of 33.27, a PEG ratio of 1.04 and a beta of 1.36. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.31 and a current ratio of 2.49. Taiwan Semiconductor Manufacturing has a twelve month low of $223.70 and a twelve month high of $479.00. The company has a fifty day moving average price of $427.06 and a two-hundred day moving average price of $377.80.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Wednesday, April 15th. The semiconductor company reported $3.49 EPS for the quarter, beating the consensus estimate of $3.31 by $0.18. Taiwan Semiconductor Manufacturing had a return on equity of 36.81% and a net margin of 46.97%.The business had revenue of $35.49 billion during the quarter, compared to analysts’ expectations of $35.47 billion. During the same quarter in the previous year, the business posted $2.12 EPS. The firm’s quarterly revenue was up 40.6% compared to the same quarter last year. Equities research analysts predict that Taiwan Semiconductor Manufacturing will post 15.44 EPS for the current fiscal year.

Insider Buying and Selling

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien bought 2,000 shares of the stock in a transaction on Tuesday, May 19th. The shares were purchased at an average price of $69.91 per share, with a total value of $139,820.00. Following the acquisition, the vice president directly owned 11,051 shares of the company’s stock, valued at $772,575.41. This represents a 22.10% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Tzu-Sou Chuang sold 200,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total value of $13,966,000.00. Following the completion of the transaction, the vice president directly 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. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders acquired 6,857 shares of company stock valued at $512,334. Insiders own 1.11% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Quattro Advisors LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth $25,000. Hilton Head Capital Partners LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at $27,000. Stephens Consulting LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 82.0% in the 4th quarter. Stephens Consulting LLC now owns 91 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 41 shares during the period. Strategic Advocates LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 62.1% in the 4th quarter. Strategic Advocates LLC now owns 94 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 36 shares during the period. Finally, Ares Financial Consulting LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter worth $29,000. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: TSMC reported record Q2 results, with profit jumping about 77% and revenue rising roughly 33.7% year over year, both beating expectations. The company also said AI demand remains very strong, supporting its outlook for continued growth.
• Positive Sentiment: TSMC raised its 2026 revenue growth outlook and increased capital spending plans, signaling confidence that AI-related demand will stay robust and that it is expanding capacity to meet customer needs.
• Positive Sentiment: The company announced an additional $100 billion investment in Arizona, expanding its U.S. manufacturing footprint and reinforcing long-term demand for advanced chips.
• Neutral Sentiment: Several analysts and market commentators said the earnings report confirmed the AI buildout is still intact, with TSMC seen as a key supplier to Nvidia and other major AI customers.
• Negative Sentiment: Despite strong fundamentals, TSMC shares are under pressure because investors are worried about heavier capex, margin dilution, and weaker free cash flow from the large U.S. expansion plan.
• Negative Sentiment: A broad selloff in semiconductor and AI-related stocks across the U.S., Asia, and Europe has weighed on sentiment, as traders question how long the AI spending boom can last.
• Negative Sentiment: Global risk-off sentiment has also been amplified by tech weakness and rising Middle East tensions, adding to selling pressure on chip stocks including TSMC.

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.