Barclays Forecasts Strong Price Appreciation for Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock

Key Points

• Barclays raised the price target for Taiwan Semiconductor Manufacturing (TSM) from $275.00 to $325.00, indicating a potential upside of 23.42% from the current price.
• Multiple analysts have upgraded TSM's rating, with a consensus rating of "Buy" and an average target price of $286.67 according to MarketBeat.
• TSM reported better-than-expected quarterly earnings, with an EPS of $2.47, surpassing analysts' estimates by $0.34, alongside a revenue increase of 44.4% compared to the same quarter last year.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Free Report) had its price objective increased by Barclays from $275.00 to $325.00 in a research note released on Tuesday morning, Marketbeat Ratings reports. They currently have an overweight rating on the semiconductor company's stock.

TSM has been the subject of a number of other research reports. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Needham & Company LLC reaffirmed a "buy" rating and issued a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Susquehanna lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a report on Monday, July 14th. Finally, Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $286.67.

Taiwan Semiconductor Manufacturing Stock Down 1.3%

Shares of NYSE:TSM traded down $3.56 during midday trading on Tuesday, reaching $265.08. The company had a trading volume of 7,893,432 shares, compared to its average volume of 14,570,482. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15. The stock's fifty day moving average price is $241.27 and its 200-day moving average price is $205.15. The stock has a market capitalization of $1.37 trillion, a P/E ratio of 30.23, a PEG ratio of 1.25 and a beta of 1.23. Taiwan Semiconductor Manufacturing has a one year low of $134.25 and a one year high of $270.54.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.13 by $0.34. The business had revenue of $30.07 billion during the quarter, compared to analyst estimates of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The business's revenue was up 44.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Equities research analysts expect that Taiwan Semiconductor Manufacturing will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be paid a dividend of $0.8348 per share. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $3.34 annualized dividend and a yield of 1.3%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 29.42%.

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

Several large investors have recently made changes to their positions in TSM. Valeo Financial Advisors LLC boosted its position in Taiwan Semiconductor Manufacturing by 4.9% during the second quarter. Valeo Financial Advisors LLC now owns 30,577 shares of the semiconductor company's stock worth $6,925,000 after purchasing an additional 1,433 shares during the period. Silicon Valley Capital Partners lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 102.7% during the second quarter. Silicon Valley Capital Partners now owns 2,971 shares of the semiconductor company's stock worth $673,000 after buying an additional 1,505 shares during the last quarter. L1 Capital Pty Ltd acquired a new position in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at $2,894,000. WT Wealth Management acquired a new position in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at $284,000. Finally, Troy Asset Management Ltd acquired a new position in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at $58,000. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Company Profile

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.