Taiwan Semiconductor Manufacturing (NYSE:TSM) Given Buy Rating at DA Davidson

Taiwan Semiconductor Manufacturing (NYSE:TSM)‘s stock had its “buy” rating reaffirmed by equities research analysts at DA Davidson in a research note issued to investors on Friday, Benzinga reports. They presently have a $500.00 price target on the semiconductor company’s stock. DA Davidson’s target price points to a potential upside of 20.78% from the company’s current price.

TSM has been the subject of several other research reports. TD Cowen lifted their price target on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a report on Friday, July 17th. Stifel Nicolaus started coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, September 1st. They set a “buy” rating and a $515.00 price target for the company. Bank of America boosted their target price on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Needham & Company LLC increased their price objective on shares of Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Weiss Ratings downgraded Taiwan Semiconductor Manufacturing from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has an average rating of “Buy” and an average price target of $528.78.

Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock traded down $8.28 on Friday, hitting $413.97. The company’s stock had a trading volume of 9,208,129 shares, compared to its average volume of 13,059,369. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $2.15 trillion, a P/E ratio of 29.89, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37. The firm has a fifty day moving average price of $434.85 and a 200-day moving average price of $417.14. Taiwan Semiconductor Manufacturing has a 52-week low of $266.82 and a 52-week high of $487.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Tuesday, September 8th. The semiconductor company reported $4.62 EPS for the quarter. The firm had revenue of $46.87 billion for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%. On average, equities research analysts expect that Taiwan Semiconductor Manufacturing will post 16.60 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan acquired 350 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was acquired at an average price of $73.58 per share, with a total value of $25,753.00. Following the transaction, the vice president directly owned 2,000 shares in the company, valued at approximately $147,160. This represents a 21.21% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Shyue-Shyh Lin bought 1,000 shares of the stock in a transaction dated Tuesday, July 21st. The shares were bought at an average cost of $74.13 per share, with a total value of $74,130.00. Following the completion of the acquisition, the vice president directly owned 30,269 shares of the company’s stock, valued at approximately $2,243,840.97. The trade was a 3.42% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have acquired 16,043 shares of company stock valued at $1,185,746. Company insiders own 1.11% of the company’s stock.

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

Institutional investors have recently bought and sold shares of the stock. Cooper Financial Group raised its position in shares of Taiwan Semiconductor Manufacturing by 0.3% during the third quarter. Cooper Financial Group now owns 6,313 shares of the semiconductor company’s stock worth $2,880,000 after purchasing an additional 22 shares during the period. Dickmeyer Boyce Financial Management Inc. grew its stake in shares of Taiwan Semiconductor Manufacturing by 0.7% in the third quarter. Dickmeyer Boyce Financial Management Inc. now owns 3,459 shares of the semiconductor company’s stock valued at $1,578,000 after buying an additional 23 shares in the last quarter. Plan A Wealth LLC raised its position in Taiwan Semiconductor Manufacturing by 0.9% in the third quarter. Plan A Wealth LLC now owns 2,735 shares of the semiconductor company’s stock worth $1,248,000 after acquiring an additional 24 shares during the period. Twin City Private Wealth LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 0.3% in the first quarter. Twin City Private Wealth LLC now owns 7,315 shares of the semiconductor company’s stock worth $2,479,000 after purchasing an additional 25 shares during the last quarter. Finally, Graves Light Lenhart Wealth Inc. lifted its stake in Taiwan Semiconductor Manufacturing by 3.4% during the 2nd quarter. Graves Light Lenhart Wealth Inc. now owns 752 shares of the semiconductor company’s stock valued at $359,000 after acquiring an additional 25 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC reported its sixth consecutive record-profit quarter. Third-quarter net income rose approximately 69% year over year to about NT$763 billion, while revenue increased roughly 51%; both figures exceeded analyst expectations. TSMC posts record profit for a sixth straight quarter
• Positive Sentiment: Management guided for fourth-quarter revenue of $52.3 billion to $54.3 billion, well above the approximately $48.8 billion consensus estimate, reinforcing that demand for advanced AI and high-performance-computing chips remains strong. TSMC earnings report
• Positive Sentiment: Investors received additional long-term growth signals: 2026 revenue is expected to rise about 44%, while annual 2-nanometer capacity is expected to more than double in 2027. Advanced technologies already represent about 79% of wafer revenue. Three key takeaways for long-term investors
• Neutral Sentiment: TSMC is reportedly exploring additional Texas capacity, including potential participation in Elon Musk’s proposed “Terafab” complex. Separately, Taiwan is backing industrial parks for Nvidia suppliers, which could expand the U.S. semiconductor ecosystem but may increase execution and geographic-expansion demands. TSMC and Elon Musk’s Terafab talks
• Negative Sentiment: The main concern is spending: TSMC may invest as much as $64 billion in capital expenditures this year. Although the investment supports future AI capacity, investors worry about oversupply, execution risk, and whether customer demand will justify the enormous buildout. TSMC’s $64 billion spending plan
• Negative Sentiment: TSM is also being pressured by a wider chip-sector selloff tied to inflation, higher interest rates, and concerns about debt financing for AI infrastructure companies such as CoreWeave and Oracle. Strong results were therefore insufficient to overcome profit-taking and fears that the AI trade may be overextended. Chip stocks tumble on AI investment worries

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world’s largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.

TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.