Wall Street Zen Downgrades Taiwan Semiconductor Manufacturing (NYSE:TSM) to Buy

Taiwan Semiconductor Manufacturing (NYSE:TSM) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued on Saturday.

Other research analysts have also issued reports about the company. Itau BBA Securities began coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They issued an “outperform” rating on the stock. Citigroup restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 17th. Susquehanna raised their price target on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a “positive” rating in a research report on Friday, October 10th. Needham & Company LLC restated a “buy” rating and issued a $360.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, October 27th. Finally, Weiss Ratings upgraded Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Six analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $371.67.

Taiwan Semiconductor Manufacturing Trading Down 0.9%

Taiwan Semiconductor Manufacturing stock opened at $300.49 on Friday. The business has a 50 day moving average price of $274.26 and a two-hundred day moving average price of $232.16. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. The stock has a market cap of $1.56 trillion, a price-to-earnings ratio of 30.82, a price-to-earnings-growth ratio of 1.02 and a beta of 1.28. Taiwan Semiconductor Manufacturing has a 12 month low of $134.25 and a 12 month high of $311.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.33. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The business had revenue of $32.36 billion during the quarter, compared to analysts’ expectations of $951.89 billion. During the same period in the prior year, the firm posted $1.94 EPS. Taiwan Semiconductor Manufacturing’s quarterly revenue was up 40.1% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. As a group, equities analysts forecast that Taiwan Semiconductor Manufacturing will post 9.2 EPS for the current year.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

A number of hedge funds and other institutional investors have recently bought and sold shares of TSM. Brighton Jones LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 20.9% during the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company’s stock worth $2,159,000 after acquiring an additional 1,892 shares during the period. Golden State Wealth Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 47.3% during the first quarter. Golden State Wealth Management LLC now owns 2,275 shares of the semiconductor company’s stock worth $378,000 after acquiring an additional 731 shares during the period. Private Trust Co. NA boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 22.2% during the first quarter. Private Trust Co. NA now owns 3,147 shares of the semiconductor company’s stock worth $522,000 after acquiring an additional 572 shares during the period. Novem Group boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 85.0% during the first quarter. Novem Group now owns 1,752 shares of the semiconductor company’s stock worth $291,000 after acquiring an additional 805 shares during the period. Finally, Mutual Advisors LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 22.5% during the first quarter. Mutual Advisors LLC now owns 9,077 shares of the semiconductor company’s stock worth $1,499,000 after acquiring an additional 1,665 shares during the period. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.