NYSE:TSM

Taiwan Semiconductor Manufacturing - TSM Stock Forecast, Price & News

$94.66

-1.99 (-2.06%)

(As of 02/3/2023 12:00 AM ET)

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Today's Range: $94.31
▼
$96.95
50-Day Range: $73.06
▼
$96.65
52-Week Range: $59.43
▼
$128.66

Volume: 12.22 million shs
Average Volume: 15.77 million shs
Market Capitalization: $490.94 billion

P/E Ratio: 14.43
Dividend Yield: 1.49%
Price Target: $94.00

Institutional Ownership

Taiwan Semiconductor Manufacturing MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.71 Rating Score
Upside/Downside: 0.7% Downside
$94.00 Price Target
Short Interest: Healthy
0.60% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.49
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 16.79%
From $5.60 to $6.54 Per Share

Overall MarketRank^™

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

2.42 out of 5 stars

Computer And Technology Sector

107th out of 610 stocks

Semiconductors & Related Devices Industry

16th out of 89 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 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $94.00, Taiwan Semiconductor Manufacturing has a forecasted downside of 0.7% from its current price of $94.66.
Amount of Analyst Coverage
Taiwan Semiconductor Manufacturing has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.60% 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 2.1, 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 decreased by 0.35%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
Taiwan Semiconductor Manufacturing pays a meaningful dividend of 1.49%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Taiwan Semiconductor Manufacturing does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Taiwan Semiconductor Manufacturing is 21.49%. 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 21.56% 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.

2.5

News and Social Media Coverage

News Sentiment
Taiwan Semiconductor Manufacturing has a news sentiment score of 0.49. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Taiwan Semiconductor Manufacturing this week, compared to 9 articles on an average week.
Search Interest
358 people have searched for TSM on MarketBeat in the last 30 days. This is an increase of 165% compared to the previous 30 days.
MarketBeat Follows
117 people have added Taiwan Semiconductor Manufacturing to their MarketBeat watchlist in the last 30 days. This is an increase of 77% 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.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Taiwan Semiconductor Manufacturing are expected to grow by 16.79% in the coming year, from $5.60 to $6.54 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Taiwan Semiconductor Manufacturing is 14.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of Taiwan Semiconductor Manufacturing is 14.43, 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 370.76.
Price to Earnings Growth Ratio
Taiwan Semiconductor Manufacturing has a PEG Ratio of 0.84. PEG Ratios below 1 indicate that a company could be undervalued.

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

January 30, 2023 | marketbeat.com

World shares retreat after last week's gains on Wall Street

Shares have retreated in Europe after a mixed day in Asia

January 27, 2023 | marketbeat.com

ASML Sees Demand For Chips Rallying This Year, Boosts Sales View (TSM)

Leading chip-gear maker ASML topped Q4 views and boosted guidance. It expects 25% revenue growth this year despite restrictions on sales to China.

February 3, 2023 | Wall Street Watch Dogs (Ad)

“Future Fuel” will unleash $11 trillion wave of wealth

The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…

January 12, 2023 | marketbeat.com

Taiwan chipmaker TSMC says quarterly profit up 78%

Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, says its quarterly profit rose 78% over a year earlier but forecast weak demand this year

January 9, 2023 | marketbeat.com

Taiwan Semiconductor Manufacturing Gets Boost From Chips Act (TSM)

New legislation was passed by Taiwanese lawmakers today that could see TSMC save billions of dollars on its tax bill each year.

January 6, 2023 | marketbeat.com

MarketBeat: Week in Review 11/21 - 11/25

The market is quiet this week in anticipation of a busy week of economic reports due out next week. Here are some of the most popular stories from this week.

February 2, 2023 | finance.yahoo.com

1 Hot Nasdaq Stock Warren Buffett Should Buy in 2023

January 31, 2023 | finance.yahoo.com

Where Will Intel Stock Be In 1 Year?

February 3, 2023 | Wall Street Watch Dogs (Ad)

“Future Fuel” will unleash $11 trillion wave of wealth

The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…

January 30, 2023 | msn.com

Taiwan Semiconductor may institute a flexible work schedule next month

January 29, 2023 | fool.com

Taiwan Semiconductor Manufacturing Is Off to a Hot Start in 2023, but Is It Too Early to Celebrate?

January 29, 2023 | americanbankingnews.com

Brokerages Set Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Target Price at $94.00

January 27, 2023 | finance.yahoo.com

Intel stock plunges on weak guidance, AMD and TSM stocks gain momentum

January 26, 2023 | americanbankingnews.com

Taiwan Semiconductor Manufacturing (NYSE:TSM) Shares Gap Up to $95.66

January 25, 2023 | finance.yahoo.com

Intel stock’s dividend sticks out among chip makers. But a cut may be coming.

January 24, 2023 | finance.yahoo.com

Is Taiwan Semiconductor Manufacturing a Buy?

January 23, 2023 | finance.yahoo.com

Why Taiwan Semiconductor Manufacturing Rallied Today

January 22, 2023 | finance.yahoo.com

The Chip Industry Is in Flux in 2023, and TSMC Is on Sale

January 20, 2023 | benzinga.com

UK To Boost Domestic Semiconductor Supply, Reduce Reliance On TSMC Over Geopolitical Risks: Study

January 19, 2023 | finance.yahoo.com

Taiwan Semiconductor Looks Strong After Earnings

January 18, 2023 | seekingalpha.com

Taiwan Semiconductor Stock Forecast For 2023: What To Watch For

January 18, 2023 | finance.yahoo.com

2 Unlikely Nasdaq Stocks Crushing the Market to Buy Hand Over Fist Right Now

January 17, 2023 | finance.yahoo.com

TSM’s Dividend History is Another Reason to Like the Stock

January 16, 2023 | finance.yahoo.com

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Q4 2022 Earnings Call Transcript

January 14, 2023 | nasdaq.com

Taiwan Semiconductor Manufacturing Breaks Above 200-Day Moving Average - Bullish for TSM

January 13, 2023 | msn.com

Why Taiwan Semiconductor Stock Is Down Today

January 13, 2023 | seekingalpha.com

Taiwan Semiconductor: Not Immune To Industry Weakness, But Still A Great Value

See More Headlines

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TSM Company Calendar

Ex-Dividend for 1/12 Dividend: 12/15/2022
Last Earnings: 1/12/2023
Dividend Payable: 1/12/2023
Today: 2/03/2023
Next Earnings (Estimated): 4/13/2023
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: 65,152
Year Founded: 1987

Price Target and Rating

Average Stock Price Forecast: $94.00
High Stock Price Forecast: $125.00
Low Stock Price Forecast: $75.00
Forecasted Upside/Downside: -0.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.71
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.56
Trailing P/E Ratio: 14.43
Forward P/E Ratio: 16.90
P/E Growth: 0.84
Net Income: $34.07 billion
Net Margins: 44.81%
Pretax Margin: 47.92%
Return on Equity: 39.42%
Return on Assets: 23.02%

Debt

Debt-to-Equity Ratio: 0.32
Current Ratio: 2.49
Quick Ratio: 2.22

Sales & Book Value

Annual Sales: $75.88 billion
Price / Sales: 6.47
Cash Flow: $5.66 per share
Price / Cash Flow: 16.71
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 5,186,350,000
Free Float: 5,128,784,000
Market Cap: $490.94 billion
Optionable: Optionable
Beta: 1.10

Social Links

Key Executives

Che Chia Wei
Vice Chairman & Chief Executive Officer

Fan Cheng Tseng
Vice Chairman & President

Y. P. Chin
Senior Vice President-Operations

Wendell Huang
Chief Financial Officer & Vice President

Chung-Zung Kung
Manager-Financial Department

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions

TSM Stock - Frequently Asked Questions

Should I buy or sell Taiwan Semiconductor Manufacturing stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Taiwan Semiconductor Manufacturing in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 12-month price targets for Taiwan Semiconductor Manufacturing's stock. Their TSM share price forecasts range from $75.00 to $125.00. On average, they anticipate the company's stock price to reach $94.00 in the next year. This suggests that the stock has a possible downside of 1.5%.
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 at the start of the year. Since then, TSM stock has increased by 28.1% and is now trading at $95.40.
View the best growth stocks for 2023 here.
Are investors shorting Taiwan Semiconductor Manufacturing?: Taiwan Semiconductor Manufacturing saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 31,400,000 shares, an increase of 45.6% from the December 15th total of 21,560,000 shares. Based on an average daily volume of 15,170,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.6% of the company's shares are sold short.
View Taiwan Semiconductor Manufacturing's Short Interest.
When is Taiwan Semiconductor Manufacturing's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 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 Thursday, January, 12th. The semiconductor company reported $1.82 EPS for the quarter, beating analysts' consensus estimates of $1.80 by $0.02. The semiconductor company earned $19.93 billion during the quarter, compared to analysts' expectations of $20.29 billion. Taiwan Semiconductor Manufacturing had a net margin of 44.81% and a trailing twelve-month return on equity of 39.42%.
How often does Taiwan Semiconductor Manufacturing pay dividends? What is the dividend yield for Taiwan Semiconductor Manufacturing?: Taiwan Semiconductor Manufacturing declared a monthly dividend on Wednesday, November 9th. Shareholders of record on Friday, March 17th will be paid a dividend of $0.3392 per share on Thursday, April 13th. This represents a $4.07 annualized dividend and a dividend yield of 4.27%. The ex-dividend date of this dividend is Thursday, March 16th.
Read our dividend analysis for TSM.
Is Taiwan Semiconductor Manufacturing a good dividend stock?: Taiwan Semiconductor Manufacturing (NYSE:TSM) pays an annual dividend of $1.41 per share and currently has a dividend yield of 1.49%. The dividend payout ratio is 21.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSM will have a dividend payout ratio of 21.56% 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 issued an update on its first quarter 2023 earnings guidance on Thursday, January, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $16.70 billion-$17.50 billion, compared to the consensus revenue estimate of $17.71 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 a variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.12%), AustralianSuper Pty Ltd (0.09%), State of New Jersey Common Pension Fund D (0.06%), Northcape Capital Pty Ltd (0.05%), Sarasin & Partners LLP (0.05%) and Assenagon Asset Management S.A. (0.05%).
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 $95.40.
How much money does Taiwan Semiconductor Manufacturing make?: Taiwan Semiconductor Manufacturing (NYSE:TSM) has a market capitalization of $494.78 billion and generates $75.88 billion in revenue each year. The semiconductor company earns $34.07 billion in net income (profit) each year or $6.56 on an earnings per share basis.
How many employees does Taiwan Semiconductor Manufacturing have?: The company employs 65,152 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 2/3/2023 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 Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

TSM Stock - Frequently Asked Questions

Overall MarketRank^™