NYSE:TSM

Taiwan Semiconductor Manufacturing (TSM) Stock Forecast, Price & News

$100.27

+0.45 (+0.45%)

(As of 06/7/2023 ET)

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Today's Range: $99.54
▼
$103.02
50-Day Range: $82.25
▼
$103.21
52-Week Range: $59.43
▼
$105.24

Volume: 14.36 million shs
Average Volume: 15.09 million shs
Market Capitalization: $520.01 billion

P/E Ratio: 15.50
Dividend Yield: 1.42%
Price Target: $101.75

Taiwan Semiconductor Manufacturing MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.86 Rating Score
Upside/Downside: 1.5% Upside
$101.75 Price Target
Short Interest: Healthy
0.37% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.64
Based on 14 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 17.70%
From $5.31 to $6.25 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.07 out of 5 stars

Computer And Technology Sector

280th out of 598 stocks

Semiconductors & Related Devices Industry

36th out of 86 stocks

1.4

Analyst's Opinion

Consensus Rating
Taiwan Semiconductor Manufacturing has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $101.75, Taiwan Semiconductor Manufacturing has a forecasted upside of 1.5% from its current price of $100.27.
Amount of Analyst Coverage
Taiwan Semiconductor Manufacturing has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.37% of the float of Taiwan Semiconductor Manufacturing has been sold short.
Short Interest Ratio / Days to Cover
Taiwan Semiconductor Manufacturing has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Taiwan Semiconductor Manufacturing has recently increased by 8.08%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Taiwan Semiconductor Manufacturing pays a meaningful dividend of 1.42%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Taiwan Semiconductor Manufacturing has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Taiwan Semiconductor Manufacturing is 21.95%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Taiwan Semiconductor Manufacturing will have a dividend payout ratio of 22.72% next year. This indicates that Taiwan Semiconductor Manufacturing will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TSM.

2.6

News and Social Media Coverage

News Sentiment
Taiwan Semiconductor Manufacturing has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Taiwan Semiconductor Manufacturing this week, compared to 12 articles on an average week.
Search Interest
Only 153 people have searched for TSM on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
MarketBeat Follows
Only 51 people have added Taiwan Semiconductor Manufacturing to their MarketBeat watchlist in the last 30 days. This is a decrease of -4% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Taiwan Semiconductor Manufacturing insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.11% of the stock of Taiwan Semiconductor Manufacturing is held by insiders.
Percentage Held by Institutions
Only 16.79% of the stock of Taiwan Semiconductor Manufacturing is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Taiwan Semiconductor Manufacturing are expected to grow by 17.70% in the coming year, from $5.31 to $6.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Taiwan Semiconductor Manufacturing is 15.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.17.
Price to Earnings Ratio vs. Sector
The P/E ratio of Taiwan Semiconductor Manufacturing is 15.50, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 308.33.
Price to Book Value per Share Ratio
Taiwan Semiconductor Manufacturing has a P/B Ratio of 5.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock

Morris Chang founded Taiwan Semiconductor Manufacturing Company Limited in 1987. The company was founded as and remains to this day the world's leading pure-play semiconductor foundry. A semiconductor foundry manufactures semiconductors for other companies at their specification; clients of Taiwan Semiconductor include but are not limited to Advanced Micro Devices, Apple, NVIDIA and Broadcom. Even some semiconductor manufacturers with their own production facilities, such as Intel and Texas Instruments, use Taiwan Semiconductor to some degree.

This model aims to ensure Taiwan Semiconductor remains relevant to the semiconductor industry while never competing with its customers. The company’s mission statement says it all “to be the trusted technology and capacity provider of the global logic IC (integrated circuit) industry for years to come.”

The company has been traded on the Taiwan stock exchange since 1993 and the New York Stock Exchange in 1997. Taiwan Semiconductor is the 2nd most valuable semiconductor company on the market and is only supplanted by Nvidia, a primary customer. In regard to its growth, the stock has grown revenue and earnings by better than 15% annually for investors since its IPO.

The company operates a network of foundries throughout Taiwan. As of 2022, there seven operations foundries and 2 in the works, including 1 in Arizona and 1 in Japan. The Arizona plant will be operational by 2024 and will begin manufacturing with the 3 nm processes.

With these, Taiwan Semiconductor can manufacture nearly 15 million 300 mm wafers per year. The company’s capabilities include process nodes ranging from 2 microns to 4nm. The company also packages, tests, and markets integrated circuits, semiconductor devices and related services internationally. The company’s products include logic, mixed-signal, RF and embedded memory chips.

Taiwan Semiconductor has been focused on maintaining its leading position right from the start. To that end, the company tends to reinvest large amounts of capital to increase and expand production as well as in the advancement of semiconductor technology.

Among the company’s many advancements are the development of N7+ and then N5 and down to the current standard of N4. These technologies were the first commercially available extreme ultraviolet lithography processes. This technology allows for smaller circuitry on the microchip and increases the chip's transistor density and overall functioning. Areas of research are centered on 4 disciplines that include Logic, Interconnect, Memory and Artificial Intelligence. Specific avenues for research include transistor structure, ferroelectrics and on and off-chip interconnect systems.

Taiwan Semiconductor's revenue topped $57 billion in 2021. The company manufactured 12,302 different semiconductor devices that year, using 291 different technologies for 535 clients. Its products are used in mobile devices, telecommunications, automobiles, manufacturing and consumer technology, to name a few end markets.

The company employs more than 65,000 people and is committed to the shift to green energy and sustainability. To that end, it became the 1st semiconductor company to make the RE100 pledge which states it will use 100% renewable energy by the year 2050.

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TSM Stock News Headlines

May 31, 2023 | marketbeat.com

Can Earnings Narrow The Value Gap In Hewlett Packard? (TSM)

Hewlett Packard shares are trading lower after the company announces its second-quarter earnings-. There seems to be a disconnect between results and valuations

May 31, 2023 | marketbeat.com

KLA Shares Soars As Chip Equipment Makers Surge 21% In May (TSM)

With a cup-shaped base breakout and strong earnings growth, KLA is a dominant player in the chip equipment market. It recently announced an EV initiative.

June 8, 2023 | Behind the Markets (Ad)

WARNING TO ALL U.S. INVESTORS

May 16, 2023... The Day That Will Financially Paralyze 181 Million American Investors... Here are 3 steps to prepare yourself >>>

May 30, 2023 | marketbeat.com

AI Chip Stock Showdown: The Biggest Winners and Losers

We putt Nvidia, Taiwan Semiconductor, and Intel against each other and pick the winners and losers of the AI revolution in the semiconductor market.

May 30, 2023 | marketbeat.com

Taiwan Semiconductor Well Positioned for the AI Rush (TSM)

TSM plays a vital role in the chip industry. With advanced manufacturing and major partnerships, it's posed to benefit from AI-driven chip demand.

May 17, 2023 | marketbeat.com

Buffett's Latest Buys: What Stocks Is He Adding to His Portfolio? (TSM)

Berkshire Hathaway buys $13.2 billion stake in Occidental Petroleum. Capital One is a new large holding, while stakes in Bank of America and Citigroup increase.

June 7, 2023 | finance.yahoo.com

Dow Jones Futures: Indexes Mask Broad Market Rally; Cathie Wood Loads Up Coinbase

June 6, 2023 | finance.yahoo.com

Apple suppliers Unity, TSM move on WWDC product announcements

June 8, 2023 | Legacy Research (Affiliate) (Ad)

“One-Stock Millionaire” IGNORES 99.9% of the Market

During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.

June 6, 2023 | finance.yahoo.com

TSMC Says Capex to Be Near Low End of Guidance at $32 Billion

June 6, 2023 | finance.yahoo.com

Japan Renews Chip Plan, Confirms Sales Goal of $108 Billion

June 4, 2023 | americanbankingnews.com

StockNews.com Upgrades Taiwan Semiconductor Manufacturing (NYSE:TSM) to Buy

June 3, 2023 | finance.yahoo.com

21 Richest Countries in Asia

June 2, 2023 | finance.yahoo.com

Why Taiwan Semi Isn’t the Stock to Play Nvidia’s AI Boom

June 1, 2023 | americanbankingnews.com

Taiwan Semiconductor Manufacturing (NYSE:TSM) PT Raised to $118.00

June 1, 2023 | finance.yahoo.com

The AI Race: Which Tech Giant Will Dominate the Future?

June 1, 2023 | finance.yahoo.com

How Intel Could Benefit From NVIDIA's AI Boom

June 1, 2023 | americanbankingnews.com

Taiwan Semiconductor Manufacturing (NYSE:TSM) Sees Strong Trading Volume

June 1, 2023 | americanbankingnews.com

Taiwan Semiconductor Manufacturing Target of Unusually High Options Trading (NYSE:TSM)

May 30, 2023 | finance.yahoo.com

TSMC (TSM) Stock Moves -1.19%: What You Should Know

May 30, 2023 | americanbankingnews.com

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Receives $99.75 Consensus Price Target from Brokerages

May 28, 2023 | americanbankingnews.com

StockNews.com Downgrades Taiwan Semiconductor Manufacturing (NYSE:TSM) to Hold

May 27, 2023 | finance.yahoo.com

Is Japan Building Its Own TSMC to Manufacture AI Chips?

May 26, 2023 | finance.yahoo.com

2 Reasons to Buy TSMC Stock, and 1 Reason to Sell

May 25, 2023 | finance.yahoo.com

A Cheaper Way to Bet on AI Than Investing in Nvidia

May 22, 2023 | finance.yahoo.com

TSMC Retakes Lead From Tencent for Asia’s Largest Market Cap

May 22, 2023 | finance.yahoo.com

20 Poorest Countries in Asia

See More Headlines

TSM Price History

30 days | 90 days | 365 days | Advanced Chart

TSM Company Calendar

Last Earnings: 7/14/2021
Ex-Dividend for 4/13 Dividend: 3/16/2023
Dividend Payable: 4/13/2023
Today: 6/08/2023
Ex-Dividend for 7/13 Dividend: 6/15/2023
Dividend Payable: 7/13/2023
Next Earnings (Estimated): 7/13/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Semiconductors & related devices
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:TSM
CUSIP: N/A
CIK: 1046179
Web: www.tsmc.com.tw
Phone: (863) 563-6688
Fax: 886-3563-7000
Employees: 73,090
Year Founded: 1987

Price Target and Rating

Average Stock Price Forecast: $101.75
High Stock Price Forecast: $126.00
Low Stock Price Forecast: $75.00
Forecasted Upside/Downside: +1.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.86
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.47
Trailing P/E Ratio: 15.50
Forward P/E Ratio: 18.88
P/E Growth: N/A
Net Income: $32.31 billion
Net Margins: 44.72%
Pretax Margin: 49.54%
Return on Equity: 36.02%
Return on Assets: 21.37%

Debt

Debt-to-Equity Ratio: 0.29
Current Ratio: 2.29
Quick Ratio: 2.04

Sales & Book Value

Annual Sales: $75.88 billion
Price / Sales: 6.85
Cash Flow: $9.52 per share
Price / Cash Flow: 10.53
Book Value: $18.31 per share
Price / Book: 5.48

Miscellaneous

Outstanding Shares: 5,186,080,000
Free Float: 5,128,511,000
Market Cap: $520.01 billion
Optionable: Optionable
Beta: 1.10

Social Links

Key Executives

Che Chia Wei
Vice Chairman & Chief Executive Officer

Y. P. Chin
Senior Vice President-Operations

Wendell Huang
Chief Financial Officer & Vice President

J. K. Lin
SVP-Information Technology & Materials Management

Y. J. Mii
Senior Vice President-Research & Development

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TSM Stock - Frequently Asked Questions

Should I buy or sell Taiwan Semiconductor Manufacturing stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Taiwan Semiconductor Manufacturing in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TSM shares.
View TSM analyst ratings or view top-rated stocks.
What is Taiwan Semiconductor Manufacturing's stock price forecast for 2023?: 7 brokers have issued 1 year target prices for Taiwan Semiconductor Manufacturing's stock. Their TSM share price forecasts range from $75.00 to $126.00. On average, they anticipate the company's share price to reach $101.75 in the next year. This suggests a possible upside of 1.5% from the stock's current price.
View analysts price targets for TSM or view top-rated stocks among Wall Street analysts.
How have TSM shares performed in 2023?: Taiwan Semiconductor Manufacturing's stock was trading at $74.49 on January 1st, 2023. Since then, TSM shares have increased by 34.6% and is now trading at $100.27.
View the best growth stocks for 2023 here.
When is Taiwan Semiconductor Manufacturing's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, July 13th 2023.
View our TSM earnings forecast.
How were Taiwan Semiconductor Manufacturing's earnings last quarter?: Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) released its quarterly earnings data on Wednesday, July, 14th. The semiconductor company reported $0.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.93. The semiconductor company earned $372.15 billion during the quarter, compared to analyst estimates of $372.58 billion. Taiwan Semiconductor Manufacturing had a net margin of 44.72% and a trailing twelve-month return on equity of 36.02%. The firm's quarterly revenue was up 19.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.66 EPS.
How often does Taiwan Semiconductor Manufacturing pay dividends? What is the dividend yield for Taiwan Semiconductor Manufacturing?: Taiwan Semiconductor Manufacturing announced a quarterly dividend on Wednesday, May 10th. Stockholders of record on Friday, September 15th will be given a dividend of $0.489 per share on Thursday, October 12th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from the stock's previous quarterly dividend of $0.36.
Read our dividend analysis for TSM.
What ETFs hold Taiwan Semiconductor Manufacturing's stock?: ETFs with the largest weight of Taiwan Semiconductor Manufacturing (NYSE:TSM) stock in their portfolio include VanEck Semiconductor ETF (SMH), Matthews Emerging Markets ex China Active ETF (MEMX), Alpha Architect Freedom 100 Emerging Market ETF (FRDM), Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM), Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Wahed Dow Jones Islamic World ETF (UMMA), ProShares Nanotechnology ETF (TINY) and Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH).
Is Taiwan Semiconductor Manufacturing a good dividend stock?: Taiwan Semiconductor Manufacturing (NYSE:TSM) pays an annual dividend of $1.42 per share and currently has a dividend yield of 1.45%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSM will have a dividend payout ratio of 22.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TSM.
What guidance has Taiwan Semiconductor Manufacturing issued on next quarter's earnings?: Taiwan Semiconductor Manufacturing updated its second quarter 2023 earnings guidance on Thursday, April, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $15.20 billion-$16.00 billion, compared to the consensus revenue estimate of $15.98 billion.

What is Morris Chang's approval rating as Taiwan Semiconductor Manufacturing's CEO?: 289 employees have rated Taiwan Semiconductor Manufacturing Chief Executive Officer Morris Chang on Glassdoor.com. Morris Chang has an approval rating of 96% among the company's employees. This puts Morris Chang in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Taiwan Semiconductor Manufacturing own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Taiwan Semiconductor Manufacturing investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Alibaba Group (BABA), QUALCOMM (QCOM), Micron Technology (MU), Cisco Systems (CSCO), PayPal (PYPL), Tesla (TSLA) and Salesforce (CRM).
What is Taiwan Semiconductor Manufacturing's stock symbol?: Taiwan Semiconductor Manufacturing trades on the New York Stock Exchange (NYSE) under the ticker symbol "TSM."
Who are Taiwan Semiconductor Manufacturing's major shareholders?: Taiwan Semiconductor Manufacturing's stock is owned by many different retail and institutional investors. Top institutional investors include Macquarie Group Ltd. (1.52%), FMR LLC (0.81%), Sanders Capital LLC (0.80%), Fisher Asset Management LLC (0.49%), Bank of New York Mellon Corp (0.48%) and Fiera Capital Corp (0.30%).
View institutional ownership trends.
How do I buy shares of Taiwan Semiconductor Manufacturing?: Shares of TSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Taiwan Semiconductor Manufacturing's stock price today?: One share of TSM stock can currently be purchased for approximately $100.27.
How much money does Taiwan Semiconductor Manufacturing make?: Taiwan Semiconductor Manufacturing (NYSE:TSM) has a market capitalization of $520.01 billion and generates $75.88 billion in revenue each year. The semiconductor company earns $32.31 billion in net income (profit) each year or $6.47 on an earnings per share basis.
How many employees does Taiwan Semiconductor Manufacturing have?: The company employs 73,090 workers across the globe.
Does Taiwan Semiconductor Manufacturing have any subsidiaries?: The following companies are subsidiares of Taiwan Semiconductor Manufacturing: Growth Fund Limited, InveStar Semiconductor Development Fund Inc., InveStar Semiconductor Development Fund Inc. (II) LDC., TSMC China Company Limited, TSMC Design Technology Canada Inc., TSMC Development Inc., TSMC Europe B.V., TSMC Global Ltd., TSMC Japan Limited, TSMC Korea Limited, TSMC Nanjing Company Limited, TSMC North America, TSMC Partners Ltd., TSMC Solar Europe GmbH, TSMC Technology Inc., VentureTech Alliance Fund II L.P., VentureTech Alliance Fund III L.P., VisEra Technologies Company Ltd., and WaferTech LLC.
Read More
How can I contact Taiwan Semiconductor Manufacturing?: Taiwan Semiconductor Manufacturing's mailing address is NO. 8 LI-HSIN ROAD 6 SCIENCE-BASED INDUSTRIAL PARK, HSINCHU F5, 300-78. The official website for the company is www.tsmc.com.tw. The semiconductor company can be reached via phone at (863) 563-6688, via email at invest@tsmc.com, or via fax at 886-3563-7000.

This page (NYSE:TSM) was last updated on 6/8/2023 by MarketBeat.com Staff

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Taiwan Semiconductor Manufacturing (TSM) Stock Forecast, Price & News

Taiwan Semiconductor Manufacturing MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock

TSM Stock News Headlines

TSM Price History

TSM Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

TSM Stock - Frequently Asked Questions

Overall MarketRank^™