Taiwan Semiconductor Manufacturing (NYSE:TSM) Price Target Raised to $600.00

Taiwan Semiconductor Manufacturing (NYSE:TSM) had its price target increased by equities research analysts at Sanford C. Bernstein from $554.00 to $600.00 in a report released on Wednesday, Benzinga reports. The firm currently has an “outperform” rating on the semiconductor company’s stock. Sanford C. Bernstein‘s price objective indicates a potential upside of 51.97% from the stock’s previous close.

Several other research analysts have also issued reports on the company. Barclays increased their price objective on Taiwan Semiconductor Manufacturing from $665.00 to $670.00 and gave the stock an “overweight” rating in a research note on Friday, October 16th. Susquehanna upped their target price on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a “positive” rating in a report on Thursday, July 16th. Weiss Ratings upgraded shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b)” rating in a research report on Wednesday, October 21st. TD Cowen lifted their price target on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a report on Friday, July 17th. Finally, Citigroup restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $533.89.

Taiwan Semiconductor Manufacturing Stock Down 2.5%

TSM stock opened at $394.81 on Wednesday. The company has a market cap of $2.05 trillion, a PE ratio of 25.41, a price-to-earnings-growth ratio of 0.82 and a beta of 1.44. Taiwan Semiconductor Manufacturing has a twelve month low of $266.82 and a twelve month high of $487.47. The business’s 50-day simple moving average is $434.04 and its 200 day simple moving average is $400.48. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share for the quarter, beating analysts’ consensus estimates of $4.45 by $0.15. The business had revenue of $46.72 billion for the quarter, compared to analysts’ expectations of $45.67 billion. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. The firm’s revenue for the quarter was up 41.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.92 earnings per share. On average, research analysts anticipate that Taiwan Semiconductor Manufacturing will post 17.07 earnings per share for the current year.

Insiders Place Their Bets

In related news, VP Lipen Yuan bought 1,000 shares of the company’s stock in a transaction on Sunday, November 1st. The stock was bought at an average cost of $71.49 per share, with a total value of $71,490.00. Following the completion of the purchase, the vice president owned 8,000 shares in the company, valued at approximately $571,920. The trade was a 14.29% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. In the last ninety days, insiders have bought 7,043 shares of company stock valued at $529,416. Company insiders own 1.11% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TSM. 626 Financial LLC acquired a new position in Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $258,000. Cornerstone Wealth Management LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 6.0% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 11,868 shares of the semiconductor company’s stock valued at $5,414,000 after buying an additional 668 shares in the last quarter. Triton Wealth Management PLLC grew its stake in Taiwan Semiconductor Manufacturing by 34.5% in the third quarter. Triton Wealth Management PLLC now owns 5,199 shares of the semiconductor company’s stock valued at $2,372,000 after acquiring an additional 1,333 shares during the period. Csenge Advisory Group raised its position in shares of Taiwan Semiconductor Manufacturing by 10.5% during the third quarter. Csenge Advisory Group now owns 9,983 shares of the semiconductor company’s stock worth $4,554,000 after purchasing an additional 948 shares during the period. Finally, Gen Wealth Partners Inc lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 288.0% during the 3rd quarter. Gen Wealth Partners Inc now owns 745 shares of the semiconductor company’s stock valued at $340,000 after purchasing an additional 553 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: ETFs bought a reported $146.2 million of TSM shares on November 3, a supportive demand signal from fund investors. Article: Taiwan Semiconductor sees $146.2 million in net ETF buying
• Positive Sentiment: Vice President Lipen Yuan bought 1,000 shares, increasing his holding by 14.29%. The purchase may signal confidence, though it is small relative to TSMC’s scale. Article: TSMC VP buys shares
• Positive Sentiment: TSMC’s position as a leading advanced-chip foundry leaves it exposed to AI demand across multiple chip designers. Analysts and commentators also point to robust AI infrastructure investment as a potential demand tailwind. Article: Better Foundry Stock: Taiwan Semiconductor vs. Intel Article: Semiconductor stocks and AI demand
• Neutral Sentiment: TSMC plans to list $450 million in green bonds in Taiwan. The financing supports environmental initiatives, but the report does not indicate a near-term change to its business outlook. Article: TSMC to list $450 million in green bonds
• Negative Sentiment: Shares are under pressure alongside a broader chip-stock selloff following reports from Lam Research and Intel. Investors are also awaiting TSMC’s November 10 monthly sales release, which will be the first update of the new quarter and must be assessed against high quarterly revenue expectations. Article: TSMC stocks move lower as November sales data approach Article: TSMC is below its recent high amid chip-stock selling

Taiwan Semiconductor Manufacturing Company Profile

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.