Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock Price Up 1.3% - What's Next?

Key Points

• Taiwan Semiconductor Manufacturing (NYSE: TSM) experienced a stock price increase of 1.3%, reaching a last trading price of $235.95, although trading volume declined to 2,779,540 shares, significantly below the average.
• Analysts maintain a consensus rating of "Buy" for TSM, with price targets set between $240.00 and $270.00 by various brokerages, reflecting continued confidence in the company's growth potential.
• For the most recent quarter, Taiwan Semiconductor reported earnings of $2.47 per share, exceeding analyst expectations, with a significant 44.4% year-over-year revenue increase to $30.07 billion.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Get Free Report)'s share price rose 1.3% during mid-day trading on Monday . The stock traded as high as $235.73 and last traded at $235.95. Approximately 2,779,540 shares were traded during trading, a decline of 81% from the average daily volume of 14,911,355 shares. The stock had previously closed at $232.99.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TSM. Susquehanna boosted their price target 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. Barclays reissued an "overweight" rating and set a $240.00 target price (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Needham & Company LLC reissued a "buy" rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $258.33.

Taiwan Semiconductor Manufacturing Price Performance

The business has a fifty day moving average of $232.56 and a 200-day moving average of $198.71. The firm has a market cap of $1.23 trillion, a PE ratio of 26.97, a PEG ratio of 1.11 and a beta of 1.19. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20.

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

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

Several hedge funds have recently made changes to their positions in the business. Resources Management Corp CT ADV purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter valued at approximately $32,000. Mid American Wealth Advisory Group Inc. purchased a new position in Taiwan Semiconductor Manufacturing during the second quarter valued at $33,000. Accredited Wealth Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at $31,000. First Command Advisory Services Inc. grew its position in shares of Taiwan Semiconductor Manufacturing by 174.1% in the 2nd quarter. First Command Advisory Services Inc. now owns 159 shares of the semiconductor company's stock worth $36,000 after buying an additional 101 shares during the period. Finally, City Holding Co. grew its position in shares of Taiwan Semiconductor Manufacturing by 238.0% in the 1st quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock worth $28,000 after buying an additional 119 shares during the period. 16.51% of the stock is owned by hedge funds and other institutional investors.

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.

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