FY2026 Earnings Estimate for TSM Issued By Erste Group Bank

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) – Stock analysts at Erste Group Bank increased their FY2026 earnings per share (EPS) estimates for Taiwan Semiconductor Manufacturing in a note issued to investors on Wednesday, October 21st. Erste Group Bank analyst H. Engel now forecasts that the semiconductor company will post earnings of $17.21 per share for the year, up from their prior forecast of $16.92. The consensus estimate for Taiwan Semiconductor Manufacturing’s current full-year earnings is $17.03 per share. Erste Group Bank also issued estimates for Taiwan Semiconductor Manufacturing’s FY2027 earnings at $22.82 EPS.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Tuesday, September 8th. The semiconductor company reported $4.62 earnings per share for the quarter. The business had revenue of $46.87 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%.

Other equities analysts have also recently issued reports about the stock. Barclays boosted their target price on shares of Taiwan Semiconductor Manufacturing from $665.00 to $670.00 and gave the company an “overweight” rating in a research report on Friday, October 16th. Sanford C. Bernstein increased their price target on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 11th. Susquehanna lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a research note on Thursday, July 16th. Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 7th. Finally, Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $528.78.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock opened at $412.35 on Friday. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14. Taiwan Semiconductor Manufacturing has a 12 month low of $266.82 and a 12 month high of $487.47. The firm has a market cap of $2.14 trillion, a P/E ratio of 26.53, a P/E/G ratio of 0.88 and a beta of 1.37. The company’s 50-day moving average price is $434.47 and its two-hundred day moving average price is $420.16.

Institutional Trading of Taiwan Semiconductor Manufacturing

A number of hedge funds have recently made changes to their positions in TSM. Tiger Global Management LLC boosted its position in Taiwan Semiconductor Manufacturing by 49.4% during the 1st quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock worth $1,880,717,000 after buying an additional 1,839,600 shares during the period. Sei Investments Co. grew its holdings in Taiwan Semiconductor Manufacturing by 11.8% during the 1st quarter. Sei Investments Co. now owns 2,591,510 shares of the semiconductor company’s stock worth $875,802,000 after acquiring an additional 274,389 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in Taiwan Semiconductor Manufacturing by 67.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,717,515 shares of the semiconductor company’s stock worth $783,513,000 after acquiring an additional 690,523 shares during the last quarter. Bessemer Group Inc. grew its holdings in Taiwan Semiconductor Manufacturing by 7.9% during the 1st quarter. Bessemer Group Inc. now owns 1,781,764 shares of the semiconductor company’s stock worth $602,147,000 after acquiring an additional 130,602 shares during the last quarter. Finally, AMF Tjanstepension AB increased its position in Taiwan Semiconductor Manufacturing by 6.4% in the 1st quarter. AMF Tjanstepension AB now owns 1,632,738 shares of the semiconductor company’s stock valued at $551,784,000 after acquiring an additional 98,123 shares during the period. 16.51% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other news, VP Lipen Yuan acquired 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were bought at an average price of $74.50 per share, with a total value of $74,500.00. Following the acquisition, the vice president directly owned 6,000 shares in the company, valued at $447,000. The trade was a 20.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Bor-Zen Tien acquired 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred on Monday, August 3rd. The shares were purchased at an average price of $73.06 per share, for a total transaction of $73,060.00. Following the transaction, the vice president directly owned 14,051 shares in the company, valued at $1,026,566.06. The trade was a 7.66% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought 8,043 shares of company stock valued at $598,956 over the last quarter. Company insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be issued a dividend of $1.0854 per share. This represents a $4.34 annualized dividend and a dividend yield of 1.1%. This is a drop from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 22.27%.

Taiwan Semiconductor Manufacturing News Summary

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

• Positive Sentiment: TSMC remains better positioned than Intel in the foundry market because its manufacturing yields, production scale, advanced packaging and large outside-customer base are difficult to replicate. The Foundry Disconnect: Intel Nails the Transistor, But TSMC Holds the Keys to Yield and Scale
• Positive Sentiment: Moody’s upgraded TSMC’s issuer rating to Aa2 from Aa3 and moved the outlook to stable, citing strong AI demand, market dominance and the company’s financial strength. The upgrade supports investor confidence in TSMC’s balance sheet and expansion plans. Moody’s upgrades TSMC rating to Aa2
• Positive Sentiment: TSMC is reportedly discussing SpaceX’s proposed Terafab project, potentially creating another major customer opportunity. However, TSMC would participate only if it controls fab operations, making the project strategically significant but still uncommitted. Taiwan Semiconductor Wants In on SpaceX’s Terafab
• Positive Sentiment: Analysts and investor commentary continue to point to robust AI infrastructure spending as a multiyear growth driver, with some projections envisioning substantial earnings and share-price appreciation through 2030. Prediction: TSMC Stock Is Going to $1,200 by 2030
• Neutral Sentiment: Comparisons with ASML highlight intense AI-chip demand, but also supply constraints across the semiconductor ecosystem. TSMC’s ability to expand fabs, advanced nodes and packaging will determine how quickly it converts demand into revenue. ASML Vs. Taiwan Semiconductor
• Negative Sentiment: The supplied coverage does not identify a material new operational problem. Given TSM’s premium valuation and strong recent run, investors may be locking in gains or reassessing expectations for AI-driven growth, which can pressure the shares even while the long-term outlook remains favorable.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a dedicated semiconductor foundry headquartered in Hsinchu, Taiwan. The company manufactures integrated circuits for customers that design their own chips, allowing semiconductor, electronics, and technology companies to outsource production rather than operate their own fabrication facilities.

TSMC provides wafer fabrication services across a broad range of process technologies, including advanced nodes used in high-performance computing, smartphones, automotive systems, and artificial intelligence applications.