Taiwan Semiconductor Manufacturing Company Limited (TSM)
NYSE:TSM
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TSM Stock Chart & Stats
$370.50
$9.79(3.31%)
At close: 4:00 PM EDT
$370.50
$9.79(3.31%)
Day’s Range― - ―
52-Week Range$206.20 - $450.16
Previous CloseN/A
Volume7.38M
Average Volume (3M)13.42M
Market Cap
$1.89T
Enterprise Value$59.05T
Total Cash (Recent Filing)$3.38T
Total Debt (Recent Filing)$1.09T
Price to Earnings (P/E)31.0
Beta1.55
Next Earnings
Jul 16, 2026EPS Estimate
3.78Next Dividend Ex-DateN/A
Dividend Yield0.82%
Share Statistics
EPS (TTM)371.60
Shares Outstanding5,186,474,000
10 Day Avg. Volume12,098,857
30 Day Avg. Volume13,420,851
Financial Highlights & Ratios
PEG Ratio0.64
Price to Book (P/B)9.22
Price to Sales (P/S)12.83
P/FCF Ratio44.99
Enterprise Value/Market Cap31.27
Enterprise Value/Revenue14.35
Enterprise Value/Gross Profit23.20
Enterprise Value/Ebitda18.88
Forecast
1Y Price Target
$465.00Price Target Upside25.51% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)15.68
Revenue Forecast (FY)$164.62B
Bulls Say, Bears Say
Bulls Say
Advanced Node LeadershipDominant share of revenue from leading-edge nodes creates durable competitive advantage. High adoption of 3nm/5nm implies entrenched design wins, elevated switching costs and pricing power with AI/HPC customers, supporting long-term revenue stability and premium margins across cycles.
Exceptional And Sustainable ProfitabilityVery high, expanding margins reflect structural operating leverage in advanced foundry manufacturing. Superior gross and net margins provide long-term capacity to fund R&D, absorb cyclical downturns, and sustain investment in next‑gen nodes while preserving cash returns to shareholders.
Robust Balance Sheet And Cash GenerationLarge cash reserves and strong operating cash flow give structural financial flexibility to fund massive capex, overseas fabs, and JV projects while maintaining shareholder distributions. This liquidity supports strategic expansion and risk absorption over multi-year build cycles.
Bears Say
Very High Capex And Moderate FCF ConversionSustained multiyear capex needs materially reduce free cash flow conversion and create variability in cash returns. Heavy reinvestment is essential for node leadership but constrains discretionary capital, increases execution risk, and can pressure returns if demand softens.
Capacity Tightness Risks Customer DiversificationPersistent supply constraints and long build/ramp lead times can push strategic customers to diversify suppliers. That behavior risks permanent share loss for specific products over time, weakening pricing leverage and increasing competitive exposure despite technological leadership.
Margin Dilution From New-node & Overseas Fab RampsRamping new process generations and foreign fabs lowers near-term margins through inefficiencies and higher costs. Combined with packaging constraints and technical challenges, these structural ramp effects can compress profitability for multiple quarters and require time and scale to recover.
TSMC News
TSM FAQ
What was Taiwan Semiconductor Manufacturing Company Limited’s price range in the past 12 months?
Taiwan Semiconductor Manufacturing Company Limited lowest stock price was $206.20 and its highest was $450.16 in the past 12 months.
What is Taiwan Semiconductor Manufacturing Company Limited’s market cap?
Taiwan Semiconductor Manufacturing Company Limited’s market cap is $1.89T.
When is Taiwan Semiconductor Manufacturing Company Limited’s upcoming earnings report date?
Taiwan Semiconductor Manufacturing Company Limited’s upcoming earnings report date is Jul 16, 2026 which is in 36 days.
How were Taiwan Semiconductor Manufacturing Company Limited’s earnings last quarter?
Taiwan Semiconductor Manufacturing Company Limited released its earnings results on Apr 16, 2026. The company reported $3.502 earnings per share for the quarter, beating the consensus estimate of $3.301 by $0.201.
Is Taiwan Semiconductor Manufacturing Company Limited overvalued?
According to Wall Street analysts Taiwan Semiconductor Manufacturing Company Limited’s price is currently Undervalued.
Does Taiwan Semiconductor Manufacturing Company Limited pay dividends?
Taiwan Semiconductor Manufacturing Company Limited pays a Quarterly dividend of $0.955 which represents an annual dividend yield of 0.82%. See more information on Taiwan Semiconductor Manufacturing Company Limited dividends here
What is Taiwan Semiconductor Manufacturing Company Limited’s EPS estimate?
Taiwan Semiconductor Manufacturing Company Limited’s EPS estimate is 3.78.
How many shares outstanding does Taiwan Semiconductor Manufacturing Company Limited have?
Taiwan Semiconductor Manufacturing Company Limited has 5,186,474,000 shares outstanding.
What happened to Taiwan Semiconductor Manufacturing Company Limited’s price movement after its last earnings report?
Taiwan Semiconductor Manufacturing Company Limited reported an EPS of $3.502 in its last earnings report, beating expectations of $3.301. Following the earnings report the stock price went down -3.132%.
Which hedge fund is a major shareholder of Taiwan Semiconductor Manufacturing Company Limited?
Currently, no hedge funds are holding shares in TSM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
TSMC Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$465.00 (25.51% Upside)
$465.00 (25.51% Upside)
Blogger Sentiment
Bullish
TSM Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 2.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $13.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Bullish
Bullish news 79%
Bearish news 14%
Bearish news 14%
Technicals
SMA
Positive
20 days / 200 days
Momentum
108.72%
12-Months-Change
Fundamentals
Return on Equity
36.93%
Trailing 12-Months
Asset Growth
26.10%
Trailing 12-Months
Company Description
Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited (TSMC), along with its affiliated entities, operates globally in the semiconductor industry, specializing in the manufacturing, packaging, meticulous testing, and worldwide distribution of integrated circuits and other crucial semiconductor components. Its expansive international presence covers key markets such as Taiwan, China, Europe, the Middle East, Africa, Japan, and the United States. The company is renowned for its diverse array of wafer fabrication processes. These capabilities enable the production of various advanced semiconductor types, including complementary metal-oxide-semiconductor (CMOS) logic, mixed-signal devices, radio frequency components, embedded memory, and bipolar CMOS mixed-signal circuits. Beyond its core foundry services, TSMC extends its offerings to include dedicated customer and engineering support. It also undertakes the production of specialized masks, actively invests in burgeoning technology startups, and manages the entire lifecycle—from research and development through to manufacturing, packaging, testing, and sales—of color filters. Furthermore, the company provides a range of investment services. TSMC's cutting-edge products are indispensable across numerous sectors, powering high-performance computing, modern smartphones, Internet of Things (IoT) ecosystems, sophisticated automotive systems, and a broad spectrum of digital consumer electronics. Established in 1987, the enterprise is officially headquartered in Hsinchu City, Taiwan.
TSM Company Deck
TSM Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial positives: revenue and margin beats, robust AI/HPC demand, healthy cash generation, and an aggressive CapEx program targeting additional N3 and N2 capacity. Key risks and challenges were clearly articulated — ongoing supply tightness likely through 2027, margin dilution from N2 and overseas fab ramps (2%–3% near-term), rising inventory and liabilities, packaging capacity constraints, and potential input-cost pressure from geopolitical events. Management provided concrete mitigation actions (multi-site N3 expansion, converting tools, supplier diversification, safety stock) and reiterated technology leadership and commitment to profitability, which frames the challenges as manageable but real.View all TSM earnings summariesTSM Stock 12 Month Forecast
Average Price Target
$465.00
▲(25.51% Upside)
Technical Analysis
Advanced Micro Devices
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ASML Holding
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Ownership Overview
0.69% Insiders
3.41% Mutual Funds
7.29% Other Institutional Investors
87.68% Public Companies and Individual Investors