Wedbush Issues Optimistic Outlook for TSM Earnings

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) – Analysts at Wedbush increased their Q1 2025 earnings per share (EPS) estimates for Taiwan Semiconductor Manufacturing in a research note issued on Monday, February 10th. Wedbush analyst M. Bryson now forecasts that the semiconductor company will earn $2.01 per share for the quarter, up from their prior estimate of $2.00. The consensus estimate for Taiwan Semiconductor Manufacturing’s current full-year earnings is $9.12 per share. Wedbush also issued estimates for Taiwan Semiconductor Manufacturing’s Q2 2025 earnings at $2.15 EPS, Q4 2025 earnings at $2.66 EPS, FY2025 earnings at $9.15 EPS, Q1 2026 earnings at $2.34 EPS, Q3 2026 earnings at $2.77 EPS, Q4 2026 earnings at $3.15 EPS and FY2026 earnings at $10.78 EPS.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%.

Other equities research analysts also recently issued reports about the stock. Susquehanna reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 18th. StockNews.com cut Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Needham & Company LLC reissued a “buy” rating and issued a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, January 16th. Finally, Barclays lifted their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $206.38 on Tuesday. The firm has a market capitalization of $1.07 trillion, a P/E ratio of 29.32, a PEG ratio of 0.70 and a beta of 1.06. Taiwan Semiconductor Manufacturing has a 52 week low of $122.91 and a 52 week high of $226.40. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The company has a 50 day moving average price of $205.18 and a 200 day moving average price of $188.45.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

Institutional investors have recently modified their holdings of the stock. Mount Yale Investment Advisors LLC raised its position in Taiwan Semiconductor Manufacturing by 4.3% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 35,709 shares of the semiconductor company’s stock valued at $7,052,000 after acquiring an additional 1,476 shares in the last quarter. McHugh Group LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at approximately $605,000. OLD National Bancorp IN increased its holdings in shares of Taiwan Semiconductor Manufacturing by 2.1% during the 4th quarter. OLD National Bancorp IN now owns 113,205 shares of the semiconductor company’s stock valued at $22,357,000 after purchasing an additional 2,368 shares in the last quarter. Private Client Services LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at $201,000. Finally, YHB Investment Advisors Inc. boosted its holdings in Taiwan Semiconductor Manufacturing by 6.9% during the fourth quarter. YHB Investment Advisors Inc. now owns 40,275 shares of the semiconductor company’s stock worth $7,954,000 after buying an additional 2,604 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

About Taiwan Semiconductor Manufacturing

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.