Taiwan Semiconductor Manufacturing (NYSE:TSM) Price Target Raised to $370.00 at TD Cowen

Taiwan Semiconductor Manufacturing (NYSE:TSM) had its price target raised by TD Cowen from $325.00 to $370.00 in a research report sent to investors on Friday morning,Benzinga reports. TD Cowen currently has a hold rating on the semiconductor company’s stock.

A number of other brokerages have also recently commented on TSM. The Goldman Sachs Group restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, January 5th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, January 2nd. Cowen restated a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday. Barclays upped their price target on shares of Taiwan Semiconductor Manufacturing from $380.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Itau BBA Securities started coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They set an “outperform” rating on the stock. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has an average rating of “Moderate Buy” and a consensus target price of $381.67.

Taiwan Semiconductor Manufacturing Trading Up 0.2%

Shares of TSM stock opened at $342.37 on Friday. The stock has a market cap of $1.77 trillion, a P/E ratio of 32.15, a price-to-earnings-growth ratio of 0.80 and a beta of 1.29. Taiwan Semiconductor Manufacturing has a 1 year low of $134.25 and a 1 year high of $351.33. The company has a current ratio of 2.69, a quick ratio of 2.47 and a debt-to-equity ratio of 0.19. The stock has a 50 day simple moving average of $299.68 and a 200 day simple moving average of $273.57.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Friday, November 14th. The semiconductor company reported $14.32 EPS for the quarter. The firm had revenue of $32.50 billion for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 36.18% and a net margin of 45.13%. On average, research analysts predict that Taiwan Semiconductor Manufacturing will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Tuesday, March 17th will be paid a $0.9678 dividend. This represents a $3.87 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, March 17th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.83. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 25.74%.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

A number of institutional investors have recently added to or reduced their stakes in the stock. Childress Capital Advisors LLC grew its position in Taiwan Semiconductor Manufacturing by 145.3% in the third quarter. Childress Capital Advisors LLC now owns 3,192 shares of the semiconductor company’s stock worth $891,000 after acquiring an additional 1,891 shares in the last quarter. Powers Advisory Group LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the second quarter valued at about $240,000. Hudson Edge Investment Partners Inc. lifted its stake in Taiwan Semiconductor Manufacturing by 10.1% during the second quarter. Hudson Edge Investment Partners Inc. now owns 236,503 shares of the semiconductor company’s stock worth $53,566,000 after purchasing an additional 21,648 shares during the last quarter. Cherokee Insurance Co purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter worth about $1,248,000. Finally, Dupont Capital Management Corp boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 11.6% in the 2nd quarter. Dupont Capital Management Corp now owns 89,303 shares of the semiconductor company’s stock worth $20,226,000 after purchasing an additional 9,247 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: Record Q4 results and strong guidance — TSMC beat Q4 revenue/eps estimates, reported ~35% profit growth, and issued revenue/growth guidance that signals the AI cycle remains durable, which is the core driver of today’s upside. TSMC earnings: Another record quarter as AI demand holds steady
• Positive Sentiment: Massive CapEx boost fuels long-term growth and supplier demand — management raised 2026 CapEx to a $52–56B range (midpoint ~$54B), a show of conviction in AI demand that should expand capacity and revenue over coming years. The $56 Billion Draft: Follow TSMC’s CapEx Stream
• Positive Sentiment: Trade deal and U.S. investment lift visibility for expansion — a U.S.–Taiwan agreement (large-scale Taiwanese investment into U.S. manufacturing and lower tariffs) reduces policy friction and supports TSMC’s planned U.S. fabs. That reduces a key execution risk for on‑shore expansion. Taiwan contract chipmaker TSMC’s US investments
• Positive Sentiment: Analyst upgrades and supply‑chain rallies reinforce momentum — brokers raised price targets (Needham, TD Cowen cited) and equipment suppliers (ASML, AMAT, LRCX, KLA) jumped after TSMC’s guidance, signaling broad industry upside that often lifts TSM stock. ASML tops $500 billion market cap as TSMC plans to spend more
• Positive Sentiment: Unusually heavy bullish options flow — large call buying indicates trader conviction that the rally will continue in the near term. TSMC’s Strong Guidance Supports the Stock’s Hot Start to 2026
• Neutral Sentiment: CapEx creates guaranteed revenue for equipment makers but raises near‑term cash outflows — the spending secures supplier demand (positive for suppliers) while TSMC also flags higher depreciation and near-term margin dilution as it scales. TSMC Plans to Spend $56 Billion. Why Its Motivations Matter for the Stock.
• Neutral Sentiment: U.S. expansion shows conviction but adds complexity — management says leading-edge R&D/production will largely remain in Taiwan, so U.S. fabs help diversification but won’t replace high‑margin Taiwan output. Execution/timing remain watch points. CNBC Daily Open: AI trade reignited by TSMC earnings blowout
• Negative Sentiment: Policy and tariff risks still exist — while a trade deal eased some concerns, potential U.S. tariff proposals and geopolitical policy shifts remain an upside/downside tail risk for cross‑border operations and margins. Investors should watch policy headlines closely. Trump Administration Offers Tariff Relief In Exchange For $250 Billion Taiwan Chip Investment

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.