TSM

Taiwan Semiconductor Manufacturing Co Ltd

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Advanced Chart

191.980

-4.210(-2.150%)

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

192.800

Open

192.020

VWAP

191.77

Vol

9.40M

Mkt Cap

995.71B

Low

190.030

Amount

1.80B

EV/EBITDA(TTM)

11.06

Total Shares

5.19B

23.87T

EV/OCF(TTM)

11.48

P/S(TTM)

8.12

Taiwan Semiconductor Manufacturing Co Ltd is a Taiwan-based company mainly engaged in the provision of integrated circuit manufacturing services. The integrated circuit manufacturing services include process technology, special process technology, design ecosystem support, mask technology, 3DFabricTM advanced packaging and silicon stacking technology services. The Company has completed the transfer and mass production of 5nm technology, and is engaged in the research and development of 3nm process technology and 2nm process technology. The product application range covers the entire electronic application industry, including personal computers and peripheral products, information application products, wired and wireless communication system products, servers and data centers.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

954.80B

+9.94%

2.373

+5.94%

956.81B

+25.95%

2.426

+25.06%

928.00B

+37.79%

2.239

+51.26%

Estimates Revision

The market is revising Downward the revenue expectations for Taiwan Semiconductor Manufacturing Company Limited (TSM) for FY2025, with the revenue forecasts being adjusted by -0.56% over the past three months. During the same period, the stock price has changed by 1.38%.

Revenue Estimates for FY2025

Revise Downward

-0.56%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-0.73%

In Past 3 Month

Stock Price

Go Up

+1.38%

In Past 3 Month

8 Analyst Rating

14.30% Upside

Wall Street analysts forecast TSM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSM is 219.43 USD with a low forecast of 175.00 USD and a high forecast of 251.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

7 Buy

1 Hold

0 Sell

Strong Buy

14.30% Upside

Current: 191.980

Low

175.00

Averages

219.43

High

251.00

14.30% Upside

Current: 191.980

Low

175.00

Averages

219.43

High

251.00

Barclays

Simon Coles

Buy

Maintains

$255 → $215

2025-04-21

Reason

Barclays

Simon Coles

Price Target

$255 → $215

2025-04-21

Maintains

Buy

Reason

Barclays analyst Simon Coles lowered the firm's price target on TSMC to $215 from $255 and keeps an Overweight rating on the shares. The firm believes TSMC shares are already pricing in a slowdown and "thus look increasingly attractive," the analyst tells investors in a research note. The firm says the company's fiscal 2025 guidance was maintained which implies some slowdown in the second half of the year, "which makes sense."

Needham

Charles Shi

Strong Buy

Reiterates

$225

2025-04-17

Reason

Needham

Charles Shi

Price Target

$225

2025-04-17

Reiterates

Strong Buy

Reason

Susquehanna

Mehdi Hosseini

Buy

Maintains

$265 → $250

2025-04-17

Reason

Susquehanna

Mehdi Hosseini

Price Target

$265 → $250

2025-04-17

Maintains

Buy

Reason

Needham

Charles Shi

Strong Buy

Reiterates

$225

2025-02-18

Reason

Needham

Charles Shi

Price Target

$225

2025-02-18

Reiterates

Strong Buy

Reason

Barclays

Simon Coles

Buy

Maintains

$240 → $255

2025-01-17

Reason

Barclays

Simon Coles

Price Target

$240 → $255

2025-01-17

Maintains

Buy

Reason

Barclays analyst Simon Coles raised the firm's price target on TSMC to $255 from $240 and keeps an Overweight rating on the shares. TSMC delivered a beat and raise quarter, the analyst tells investors in a research note. The firm says the company's growth for 2025 is higher than expected and capex is also ahead of expectations. Artificial intelligence remains the driver of strong growth with other markets only expected to see a mild recovery, contends Barclays.

Needham

Charles Shi

Strong Buy

Reiterates

$225

2025-01-16

Reason

Needham

Charles Shi

Price Target

$225

2025-01-16

Reiterates

Strong Buy

Reason

Needham lowered the firm's price target on Onto Innovation (ONTO) to $220 from $230 but keeps a Buy rating on the shares. The firm also names the stock its Top Pick in Semi Equipment for 2025 while adding it to its Conviction List, replacing Cadence Design (CDNS). Needham sees 2025 as likely the peak WFE, saying the current semiconductor upcycle "will be lukewarm," and the next downturn could hit in the second half of 2026. The firm also contends that AI remains the singular strength area for semis over the next two years, adding that Onto - which has the highest exposure to TSMC (TSM) CoWoS and a decent exposure to HBM packaging -stands to gain due to its idiosyncratic strength in advanced packaging and its lack of China exposure after its involuntary exit from that market.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Taiwan Semiconductor Manufacturing Co Ltd (TSM.N) is 16.19, compared to its 5-year average forward P/E of 18.67. For a more detailed relative valuation and DCF analysis to assess Taiwan Semiconductor Manufacturing Co Ltd 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

18.67

Current PE

16.19

Overvalued PE

22.81

Undervalued PE

14.53

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

10.19

Current EV/EBITDA

9.54

Overvalued EV/EBITDA

12.31

Undervalued EV/EBITDA

8.08

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

7.20

Current PS

6.83

Overvalued PS

8.63

Undervalued PS

5.78

Financials

Annual

Quarterly

FY2025Q1

YoY :

+35.33%

25.53B

Total Revenue

FY2025Q1

YoY :

+23.96%

9.83B

Operating Profit

FY2025Q1

YoY :

+53.06%

10.97B

Net Income after Tax

FY2025Q1

YoY :

+50.00%

0.42

EPS - Diluted

FY2025Q1

YoY :

+11.91%

9.57B

Free Cash Flow

FY2025Q1

YoY :

+10.78%

58.79

Gross Profit Margin - %

FY2025Q1

YoY :

+37.46%

30.64

FCF Margin - %

FY2025Q1

YoY :

+13.11%

42.98

Net Margin - %

FY2025Q1

YoY :

+29.29%

25.78

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds areSelling! The selling amount has increased 284130.43% over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

5.0M

Volume

6-9

Months

1.8K

Volume

0-12

Months

1.9M

Volume

Bought

0-3

0.0

Volume

Months

3-6

12.0M

Volume

Months

6-9

0.0

Volume

Months

0-12

4.5M

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

72.0K

USD

3-6

Months

48.5K

USD

6-9

Months

56.5K

USD

0-12

Months

8.0K

USD

Bought

0-3

8.0K

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

TSM News & Events

Events Timeline

2025-05-19 (ET)

2025-05-19

06:06:40

Nvidia, Foxconn partner to build AI factory supercomputer in Taiwan

2025-05-01 (ET)

2025-05-01

06:04:37

TSMC begins building third plant in Arizona, Bloomberg says

2025-04-24 (ET)

2025-04-24

06:10:45

TSMC struggling with workforce constraints amid global expansion, DigiTimes says

News

6.5

05-24Benzinga

Morris Chang Saw Writing On The Wall 20 Years Ago For The Likes Of Intel And Samsung And Why They Would Never Be Able To Beat TSMC In Foundry Business

3.0

05-23NASDAQ.COM

Warren Buffett Detailed Fundamental Analysis - TSM

5.0

05-23NASDAQ.COM

Billionaire Investor Stanley Druckenmiller Just Slashed His Fund's Stake in Tesla by 50% and Quadrupled Its Position in Another AI Stock Up 2,800% Since Its IPO