What is Erste Group Bank’s Estimate for TSM FY2027 Earnings?

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) – Erste Group Bank upped their FY2027 earnings per share (EPS) estimates for shares of Taiwan Semiconductor Manufacturing in a research note issued to investors on Wednesday, July 15th. Erste Group Bank analyst H. Engel now forecasts that the semiconductor company will earn $20.58 per share for the year, up from their prior forecast of $19.85. The consensus estimate for Taiwan Semiconductor Manufacturing’s current full-year earnings is $15.83 per share.

A number of other equities analysts have also issued reports on TSM. DA Davidson raised their target price on shares of Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday. Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Susquehanna increased their price target on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a “positive” rating in a research note on Thursday. Barclays raised their price objective on shares of Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, TD Cowen lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a research note on Friday. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $490.00.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE TSM opened at $397.59 on Friday. The stock has a market cap of $2.06 trillion, a P/E ratio of 28.69, a P/E/G ratio of 0.99 and a beta of 1.36. Taiwan Semiconductor Manufacturing has a twelve month low of $223.70 and a twelve month high of $479.00. The stock has a 50 day moving average of $426.79 and a two-hundred day moving average of $377.94. The company has a current ratio of 2.49, a quick ratio of 2.31 and a debt-to-equity ratio of 0.16.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. The firm had revenue of $39.89 billion for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 40.88% and a net margin of 50.31%.

Institutional Trading of Taiwan Semiconductor Manufacturing

Hedge funds have recently made changes to their positions in the company. Intergy Private Wealth LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 5.4% in the 2nd quarter. Intergy Private Wealth LLC now owns 2,155 shares of the semiconductor company’s stock worth $1,029,000 after acquiring an additional 111 shares during the period. Rosenberg Matthew Hamilton increased its stake in shares of Taiwan Semiconductor Manufacturing by 1.7% during the second quarter. Rosenberg Matthew Hamilton now owns 5,149 shares of the semiconductor company’s stock worth $2,459,000 after acquiring an additional 88 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 1.1% during the second quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 134,811 shares of the semiconductor company’s stock worth $64,382,000 after acquiring an additional 1,433 shares during the period. Sulzberger Capital Advisors Inc. raised its holdings in Taiwan Semiconductor Manufacturing by 4.3% during the second quarter. Sulzberger Capital Advisors Inc. now owns 1,936 shares of the semiconductor company’s stock worth $925,000 after purchasing an additional 80 shares in the last quarter. Finally, Pachira Investments Inc. purchased a new position in Taiwan Semiconductor Manufacturing during the second quarter worth about $290,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Insider Activity

In related news, VP Lipen Yuan purchased 1,000 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was purchased at an average cost of $79.19 per share, with a total value of $79,190.00. Following the completion of the acquisition, the vice president directly owned 5,000 shares in the company, valued at $395,950. This trade represents a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Bor-Zen Tien acquired 2,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was purchased at an average price of $69.91 per share, for a total transaction of $139,820.00. Following the completion of the transaction, the vice president owned 11,051 shares in the company, valued at $772,575.41. The trade was a 22.10% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 6,857 shares of company stock valued at $512,334. Company insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be paid a $1.1136 dividend. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. The ex-dividend date is Wednesday, September 16th. This represents a $4.45 annualized dividend and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 21.43%.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: TSMC delivered record Q2 profit and beat expectations, supported by strong demand for advanced AI chips and leading-edge nodes. Reuters article
• Positive Sentiment: The company raised its 2026 revenue growth outlook to above 40% and signaled continued AI-driven expansion, reinforcing the long-term growth story. MarketBeat article
• Neutral Sentiment: TSMC also announced an extra $100 billion investment in Arizona, expanding its U.S. manufacturing footprint but raising questions about capital intensity and margin pressure. Yahoo Finance article
• Negative Sentiment: The stock is being caught in a broader chip rout, with investors rotating out of semiconductor names amid worries that AI spending enthusiasm is cooling. Yahoo Finance article
• Negative Sentiment: Analysts and traders are flagging capex concerns, saying the surge in spending could compress free cash flow and keep the stock volatile in the near term. Benzinga article

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.