What is Erste Group Bank’s Forecast for TSM FY2026 Earnings?

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) – Stock analysts at Erste Group Bank increased their FY2026 earnings per share estimates for shares of Taiwan Semiconductor Manufacturing in a research note issued on Monday, July 27th. Erste Group Bank analyst H. Engel now forecasts that the semiconductor company will earn $16.69 per share for the year, up from their previous estimate of $15.82. The consensus estimate for Taiwan Semiconductor Manufacturing’s current full-year earnings is $16.34 per share. Erste Group Bank also issued estimates for Taiwan Semiconductor Manufacturing’s FY2027 earnings at $21.25 EPS.

A number of other analysts have also commented on TSM. Bank of America lifted 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 note on Wednesday, June 24th. Needham & Company LLC increased their price objective on shares of Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the company a “buy” rating in a research report on Monday. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. Zacks Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Finally, Susquehanna boosted their target price 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. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $496.25.

Taiwan Semiconductor Manufacturing Price Performance

NYSE TSM opened at $373.83 on Thursday. Taiwan Semiconductor Manufacturing has a one year low of $223.70 and a one year high of $479.00. The stock has a 50-day moving average of $427.21 and a 200 day moving average of $383.56. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.31 and a current ratio of 2.49. The company has a market capitalization of $1.94 trillion, a price-to-earnings ratio of 26.97, a PEG ratio of 0.91 and a beta of 1.36.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. The business had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 40.88% and a net margin of 50.31%.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be paid a dividend of $1.1136 per share. The ex-dividend date is Wednesday, September 16th. This represents a $4.45 dividend on an annualized basis and a dividend yield of 1.2%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 21.43%.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien acquired 1,000 shares of the stock in a transaction dated Tuesday, July 28th. The shares were purchased at an average price of $67.97 per share, for a total transaction of $67,970.00. Following the purchase, the vice president directly owned 5,000 shares of the company’s stock, valued at approximately $339,850. This trade represents a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Tzu-Sou Chuang sold 200,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total transaction of $13,966,000.00. Following the completion of the transaction, the vice president owned 2,495,165 shares in the company, valued at $174,237,371.95. This trade represents a 7.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders bought 15,857 shares of company stock worth $1,167,094 over the last 90 days. 1.11% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Capital Research Global Investors raised its stake in shares of Taiwan Semiconductor Manufacturing by 66.3% in the fourth quarter. Capital Research Global Investors now owns 3,215,353 shares of the semiconductor company’s stock worth $976,821,000 after buying an additional 1,281,648 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $961,000. Meridian Wealth Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 27.9% during the 4th quarter. Meridian Wealth Management LLC now owns 65,974 shares of the semiconductor company’s stock valued at $20,049,000 after acquiring an additional 14,406 shares during the period. Y Intercept Hong Kong Ltd grew its stake in shares of Taiwan Semiconductor Manufacturing by 273.2% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 81,189 shares of the semiconductor company’s stock valued at $27,438,000 after acquiring an additional 59,435 shares during the period. Finally, Stiles Financial Services Inc increased its holdings in Taiwan Semiconductor Manufacturing by 79.1% in the 4th quarter. Stiles Financial Services Inc now owns 4,355 shares of the semiconductor company’s stock worth $1,323,000 after acquiring an additional 1,923 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC recently reported record second-quarter results, including approximately $40 billion in revenue, and raised its outlook. Strong demand from artificial-intelligence and high-performance-computing customers remains the company’s central growth driver. These 3 Companies Reported Record Results and Raised Guidance
• Positive Sentiment: Needham raised its TSMC price target to $530 and maintained a buy rating, reflecting confidence that higher capital spending—reported at up to $64 billion for 2026—will expand advanced-chip capacity and support long-term AI and HPC demand. Needham Boosts TSMC Price Target
• Positive Sentiment: Multiple TSMC vice presidents disclosed open-market purchases totaling tens of thousands of dollars. The buying is a modestly positive confidence signal, although it is immaterial relative to TSMC’s market capitalization. SEC Insider Purchase Filing
• Neutral Sentiment: A strong earthquake in Japan temporarily prompted an evacuation at TSMC’s Kumamoto facility, but the company said personnel were safe and operations were gradually resuming. The construction site was not affected, limiting the likely financial impact. TSMC Japan Plant Resuming After Earthquake
• Negative Sentiment: TSMC is being pulled lower by a wider technology-sector decline and an AI-stock rout, despite its record profit. Leveraged selling and fears of circular AI funding, China competition and excessive valuations are reducing risk appetite across chip stocks. TSMC Stock Drops as AI Rout Spreads
• Negative Sentiment: Fresh questions about the sustainability of AI spending and TSMC’s exposure to China-related equipment are adding to investor uncertainty. Weak guidance from Qualcomm also highlights softer smartphone conditions, although TSMC’s AI exposure is stronger than its mobile exposure. Fresh Questions Over China Tools and AI Spending

About Taiwan Semiconductor Manufacturing

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.