Barclays Increases Taiwan Semiconductor Manufacturing (NYSE:TSM) Price Target to $470.00

Taiwan Semiconductor Manufacturing (NYSE:TSM) had its price target raised by Barclays from $450.00 to $470.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the semiconductor company’s stock. Barclays‘s price objective would indicate a potential upside of 22.87% from the company’s current price.

A number of other equities analysts have also issued reports on the stock. Zacks Research lowered shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Argus raised shares of Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research report on Thursday, January 15th. Wedbush reaffirmed an “outperform” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, February 11th. DA Davidson reaffirmed a “buy” rating and set a $450.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 17th. Finally, Dbs Bank raised shares of Taiwan Semiconductor Manufacturing to a “moderate buy” rating in a research report on Friday, January 23rd. Two equities 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’s stock. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Buy” and a consensus target price of $404.29.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $382.51 on Wednesday. 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 stock has a market cap of $1.98 trillion, a price-to-earnings ratio of 31.82, a PEG ratio of 1.15 and a beta of 1.35. The company has a 50-day moving average of $355.66 and a two-hundred day moving average of $324.14. Taiwan Semiconductor Manufacturing has a one year low of $157.39 and a one year high of $390.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share for the quarter. The firm had revenue of $30.65 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 38.17%. On average, equities research analysts expect that Taiwan Semiconductor Manufacturing will post 15.03 earnings per share for the current year.

Insiders Place Their Bets

In related news, VP Bor-Zen Tien purchased 1,000 shares of the stock in a transaction dated Sunday, March 22nd. The stock was bought at an average cost of $55.93 per share, with a total value of $55,930.00. Following the purchase, the vice president directly owned 9,051 shares in the company, valued at $506,222.43. The trade was a 12.42% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 1.11% of the company’s stock.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

A number of large investors have recently bought and sold shares of TSM. Fisher Asset Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 1.8% in the 4th quarter. Fisher Asset Management LLC now owns 18,146,900 shares of the semiconductor company’s stock valued at $5,514,662,000 after buying an additional 313,773 shares during the last quarter. Van ECK Associates Corp boosted its holdings in shares of 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 valued at $5,307,428,000 after buying an additional 1,750,824 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 6.5% in the 4th quarter. Bank of America Corp DE now owns 15,902,819 shares of the semiconductor company’s stock valued at $4,832,708,000 after buying an additional 966,926 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 3.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 15,759,419 shares of the semiconductor company’s stock valued at $4,401,448,000 after buying an additional 541,047 shares during the last quarter. Finally, Jennison Associates LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 6.4% in the 4th quarter. Jennison Associates LLC now owns 13,394,299 shares of the semiconductor company’s stock valued at $4,070,393,000 after buying an additional 802,757 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC unveiled its A13 and N2U process advances, saying it can deliver smaller, faster chips (A13 geared for AI/HPC; N2U a more cost‑effective option) while avoiding immediate reliance on ASML’s costlier high‑NA machines — a potential margin and roadmap positive. TSMC shows smaller, faster chips without pricey new tool from ASML
• Positive Sentiment: TSMC plans to open an advanced packaging plant in Arizona by 2029, addressing a known packaging bottleneck for AI chips and supporting customer localization — a strategic expansion that reduces supply‑chain risk. TSMC plans to open chip packaging plant in Arizona by 2029, executive says
• Positive Sentiment: Synopsys announced deeper collaboration and EDA/IP enablement across TSMC’s advanced nodes (3nm/2nm and packaging), which should speed customer tape‑outs and strengthen TSMC’s ecosystem moat. Synopsys Partners with TSMC to Power Next-Generation AI Systems
• Positive Sentiment: Analyst and market positive signals: Barclays raised its TSMC price target to $470 (overweight), and coverage pieces highlight record margins and strong Q1 results driven by AI demand — supportive for medium‑term upside. Barclays raises price target
• Neutral Sentiment: Market commentators (including Jim Cramer) signaled they aren’t worried about near‑term weakness in TSMC’s share price, which can temper panic selling. Jim Cramer Isn’t Worried
• Neutral Sentiment: TSMC says it has little immediate need for ASML’s priciest high‑NA tools and has only used a small number for R&D — this reduces near‑term capex risk but raises questions about the pace of next‑generation cadence. TSMC says ASML’s chipmaking too pricey
• Negative Sentiment: The semiconductor group is extremely overbought — the PHLX SOX index is on a historic winning streak and described as the most overextended since 2000, making profit‑taking and short‑term pullbacks likelier across large caps including TSMC. Chip stocks just added $3 trillion in market value
• Negative Sentiment: Competitive/strategic headlines (e.g., commentary about Elon Musk’s chip plans for Tesla/SpaceX) raise the prospect of new entrants or alternative supply strategies that could change chip demand dynamics over time. Will Elon Musk’s New SpaceX and Tesla Joint Venture Disrupt This AI Semiconductor Giant?

About Taiwan Semiconductor Manufacturing

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.