Taiwan Semiconductor Manufacturing Company Limited (TSM) Analyst Estimates & Price Targets

Taiwan Semiconductor Manufacturing Company Limited (TSM) — Price $431.81 (closing price, October 29, 2026) — Technology — Semiconductors — NYSE

Latest reported results:

Wall Street analyst estimates for Taiwan Semiconductor Manufacturing Company Limited (TSM): consensus price target and buy/hold/sell recommendations.

Taiwan Semiconductor Manufacturing Company Limited (TSMC), along with its affiliated entities, operates globally in the semiconductor industry, specializing in the manufacturing, packaging, meticulous testing, and worldwide distribution of integrated circuits and other crucial semiconductor components. Its expansive international presence covers key markets such as Taiwan, China, Europe, the Middle East, Africa, Japan, and the United States.

Consensus price target

$585.57 (+36 % vs price $431.81)

between $500.00 and $700.00 · 4 targets published in the last quarter

Closing price, Oct 29

A twelve-month target is not a fair value: compare it with the range in the Valuation tab.

Analyst Consensus

Strong Buy0
Buy18
Hold7
Sell0
Strong Sell0
Total analysts25
Avg rating (−2 sell to +2 buy)0.72

Recent Earnings Surprises

DateEPS ActualEPS Est.vs Est.
2027-01-21$5.16
2026-10-15$4.60$4.45+3.4%
2026-07-16$4.22$3.81+10.8%
2026-04-15$3.49$3.31+5.4%
2026-01-15$3.09$2.90+6.6%
2025-10-16$2.92$2.63+11.0%
2025-07-17$2.50$2.38+5.0%
2025-05-15$2.14$2.07+3.4%

Valuation Ratios

P/E Ratio24.67
Price / Book8.98
EV / EBITDA16.43
Dividend Yield0.99%

Income Statement (10y)

Year2016201720182019202020212022202320242025
Revenue947.91B TWD977.44B TWD1.03T TWD1.07T TWD1.34T TWD1.59T TWD2.26T TWD2.16T TWD2.89T TWD3.81T TWD
Cost of Revenue473.08B TWD482.62B TWD533.49B TWD577.28B TWD628.12B TWD767.88B TWD915.54B TWD986.62B TWD1.27T TWD1.53T TWD
Gross Profit474.83B TWD494.83B TWD497.87B TWD492.70B TWD711.13B TWD819.54B TWD1.35T TWD1.18T TWD1.62T TWD2.28T TWD
Research & Development71.21B TWD80.73B TWD85.90B TWD91.42B TWD109.49B TWD124.73B TWD163.26B TWD182.37B TWD204.18B TWD246.43B TWD
Selling, General & Admin25.70B TWD27.17B TWD26.25B TWD28.09B TWD35.57B TWD44.49B TWD63.45B TWD71.46B TWD96.89B TWD99.22B TWD
Operating Expenses96.87B TWD109.27B TWD114.25B TWD120.00B TWD144.35B TWD169.56B TWD227.08B TWD253.65B TWD302.30B TWD345.20B TWD
Operating Income377.96B TWD385.56B TWD383.62B TWD372.70B TWD566.78B TWD649.98B TWD1.12T TWD921.47B TWD1.32T TWD1.94T TWD
EBITDA613.06B TWD659.63B TWD693.14B TWD680.00B TWD918.55B TWD1.09T TWD1.59T TWD1.52T TWD1.98T TWD2.74T TWD
Interest Expense3.31B TWD3.33B TWD3.05B TWD3.25B TWD2.08B TWD5.41B TWD11.75B TWD12.00B TWD10.50B TWD12.37B TWD
Pre-tax Income385.92B TWD396.16B TWD397.54B TWD389.86B TWD584.75B TWD663.04B TWD1.14T TWD979.17B TWD1.41T TWD2.04T TWD
Income Tax54.12B TWD51.12B TWD34.44B TWD35.84B TWD73.74B TWD70.16B TWD150.78B TWD128.29B TWD248.32B TWD346.53B TWD
Net Income331.71B TWD345.00B TWD363.05B TWD353.95B TWD510.74B TWD592.36B TWD992.92B TWD851.74B TWD1.16T TWD1.70T TWD
EPS$64.65$65.50$69.10$65.70$95.25$113.95$198.60$159.65$230.80$331.30
EPS (Diluted)$64.65$65.50$69.10$65.70$95.25$113.95$198.60$159.65$230.80$331.25
Shares Outstanding (Diluted)5,186.1 M5,186.1 M5,186.1 M5,186.1 M5,186.1 M5,186.1 M5,185.9 M5,185.9 M5,185.9 M5,186.1 M

Price

Price$431.81 (closing price, October 29, 2026)
Market Cap$2.2T
ExchangeNYSE
CountryTW

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Explore sector: Technology · Semiconductors

More sections of TSM: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events

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