Taiwan Semiconductor Manufacturing Company Limited
TSM
NYSE·Technology·Semiconductors·Mkt cap $2.2T
$409.80
▼ -1.37%
P/E
29.95
Mkt Cap
$2.2T
52-Wk Range
$230.30–$479.00
52-Week Range
$230.30 - $479.00
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 79.6% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
6 reasons
- Technological Leadership - Industry-leading process nodes and manufacturing capabilities enabling cutting-edge semiconductor production
- Unmatched Scale and Capacity - Largest independent foundry with massive production capacity and global manufacturing footprint
- Customer Relationships and Ecosystem - Trusted partner to world's leading semiconductor designers and technology companies
- Vertical Integration - End-to-end capabilities from R&D, manufacturing, packaging, testing to distribution
- Process Innovation - Continuous advancement in wafer fabrication technology and manufacturing efficiency
- Supply Chain Resilience - Diversified global operations reducing geopolitical and operational risks
Bear Case
2 risks
- Average volatility.
- Growth premium of 1.2x vs Foundry & Manufacturing peers. Reasonable for this growth rate.
Growth
Moderate growth ahead
Accelerating demand for advanced semiconductors in AI and high-performance computing
Value
Growth premium of 1.2x vs Foundry & Manufacturing peers. Reasonable for this growth rate.
Momentum
Stable
-4.8% over 3m
Quality
Excellent
High-growth business (339% revenue growth, 64% gross margin). Profitable with strong growth momentum.
Dividend
Modest
0.92% yield
Smart-money signal
Who's buying TSM right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 15, 2026
JUL 16, 2026
Reported EPS of $4.31 vs $3.87 consensus (+11.4% surprise). Revenue of $39.4B vs $39.8B expected (-1.2%).
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+11.4%
Revenue trend · last 8Q
—
-96%
+42%
+39%
+30%
+22%
+4167%
+36%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$764.0M
$873.3M
$844.0M
$29.7B
$31.4B
$33.5B
$36.0B
$39.9B
Margins · last 8Q
Gross
—
Operating
—
Profit
55.6%
Wall Street consensus
8 analysts · 100% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
100%
Hold
0%
Sell
0%
Median Price Target
$625.00
▲ +52.5% vs $409.80
Latest: UBS · Sep 1, 2026
1 analyst covering
vs Industry
How TSM stacks vs Semiconductors
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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