FY2027 Earnings Forecast for TSM Issued By Erste Group Bank

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) – Equities research analysts at Erste Group Bank raised their FY2027 earnings estimates for shares of Taiwan Semiconductor Manufacturing in a research report issued on Tuesday, May 12th. Erste Group Bank analyst H. Engel now forecasts that the semiconductor company will earn $19.65 per share for the year, up from their prior forecast of $19.56. The consensus estimate for Taiwan Semiconductor Manufacturing’s current full-year earnings is $15.25 per share.

Other equities analysts have also recently issued reports about the company. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Sunday, March 22nd. DA Davidson reissued a “buy” rating and set a $450.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 17th. Dbs Bank upgraded Taiwan Semiconductor Manufacturing to a “moderate buy” rating in a research report on Friday, January 23rd. Weiss Ratings raised Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 20th. Finally, Barclays upped their price objective on shares of Taiwan Semiconductor Manufacturing from $450.00 to $470.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $404.29.

Taiwan Semiconductor Manufacturing Trading Down 2.1%

Shares of NYSE:TSM opened at $395.84 on Tuesday. The company has a market capitalization of $2.05 trillion, a P/E ratio of 32.93, a P/E/G ratio of 1.18 and a beta of 1.39. Taiwan Semiconductor Manufacturing has a 1 year low of $188.81 and a 1 year high of $421.97. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.51 and a quick ratio of 2.32. The business’s 50 day simple moving average is $366.23 and its 200 day simple moving average is $335.73.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 EPS for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 38.17%. The company had revenue of $30.65 billion for the quarter.

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

A number of hedge funds have recently made changes to their positions in TSM. Tiger Global Management LLC lifted its stake in Taiwan Semiconductor Manufacturing by 49.4% in the 1st quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock valued at $1,880,717,000 after purchasing an additional 1,839,600 shares during the last quarter. Van ECK Associates Corp increased its holdings in Taiwan Semiconductor Manufacturing by 11.1% in the 4th quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company’s stock worth $5,307,428,000 after purchasing an additional 1,750,824 shares in the last quarter. Life Cycle Investment Partners Ltd bought a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at about $495,163,000. T. Rowe Price Investment Management Inc. boosted its stake in shares of Taiwan Semiconductor Manufacturing by 168.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company’s stock valued at $636,077,000 after purchasing an additional 1,313,917 shares in the last quarter. Finally, SurgoCap Partners LP acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the third quarter valued at about $360,443,000. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien acquired 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was acquired at an average cost of $69.91 per share, for a total transaction of $139,820.00. Following the transaction, the vice president directly owned 11,051 shares in the company, valued at $772,575.41. This represents a 22.10% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Tzu-Sou Chuang sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $69.83, for a total value of $13,966,000.00. Following the completion of the sale, the vice president directly owned 2,495,165 shares in the company, valued at $174,237,371.95. This trade represents a 7.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders bought 3,346 shares of company stock worth $218,005. Corporate insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be issued a $1.1136 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $4.45 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 24.71%.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Coatue Management reportedly boosted its TSMC stake by 654,023 shares, reinforcing the view that large investors still see upside in the company’s AI-driven growth. Coatue Management boosts Taiwan Semiconductor stake by 654,023 shares
• Positive Sentiment: Several articles highlighted TSMC as a preferred way to play the AI semiconductor boom, including pieces noting it could benefit heading into Nvidia’s earnings and that it remains a top stock among billionaire investors. Nvidia Stock May or May Not Soar on May 20, But This Super AI Semiconductor Stock Could Pop and Go On a Terrific Bull Run
• Positive Sentiment: Commentary also framed TSMC as part of an “AI Revolution” basket and a long-term multibagger candidate, supporting bullish sentiment on the company’s role in advanced chip manufacturing. CIO touts ‘AIR 7’ as AI-heavy alternative to ‘Magnificent 7’
• Neutral Sentiment: TSMC Vice President Bor-Zen Tien bought 2,000 shares, but another vice president sold 200,000 shares. The mixed insider activity is notable, but by itself it does not clearly point to a major change in fundamentals. SEC filing for Bor-Zen Tien purchase SEC filing for Tzu-Sou Chuang sale
• Neutral Sentiment: TSMC announced it will sell about 152 million Vanguard International Semiconductor shares, a move described as a capital-refocusing decision rather than a signal of distress. TSMC Trims Vanguard Stake To Refocus Capital And Valuation Story
• Negative Sentiment: CNBC reported that the Iran war is adding pressure to AI chip supply chains and costs, which could weigh on semiconductor makers like TSMC if disruptions persist. Tech investors loved this earnings season — but the Iran war is piling pressure on the companies powering the AI boom

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.

TSMC’s service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.