Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock Price Expected to Rise, Barclays Analyst Says

22 Apr 2026, 14:28 by Michael Walen · The Markets Daily

Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) had its price objective boosted by analysts at Barclays from $450.00 to $470.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the semiconductor company’s stock. Barclays‘s price target indicates a potential upside of 25.66% from the company’s current price.

A number of other research analysts have also recently issued reports on TSM. TD Cowen raised their price objective on Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the company a “hold” rating in a research note on Friday, January 16th. Needham & Company LLC raised their price objective on Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Argus raised Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research note on Thursday, January 15th. Freedom Capital raised Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research note on Thursday, January 15th. Finally, Dbs Bank raised Taiwan Semiconductor Manufacturing to a “moderate buy” rating in a research note on Friday, January 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Taiwan Semiconductor Manufacturing has an average rating of “Buy” and a consensus target price of $404.29.

Read Our Latest Analysis on TSM

Taiwan Semiconductor Manufacturing Trading Up 1.6%

Shares of NYSE:TSM traded up $5.93 on Wednesday, reaching $374.01. 2,423,681 shares of the company traded hands, compared to its average volume of 13,771,938. The business’s 50-day simple moving average is $355.11 and its 200 day simple moving average is $323.28. Taiwan Semiconductor Manufacturing has a 52 week low of $156.00 and a 52 week high of $390.20. The stock has a market capitalization of $1.94 trillion, a P/E ratio of 31.10, a price-to-earnings-growth ratio of 1.09 and a beta of 1.35. The company has a current ratio of 2.51, a quick ratio of 2.32 and a debt-to-equity ratio of 0.17.

Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 38.17% and a net margin of 46.97%.The firm had revenue of $30.65 billion for the quarter. As a group, equities analysts anticipate that Taiwan Semiconductor Manufacturing will post 14.62 EPS for the current fiscal year.

Insider Activity

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien bought 1,000 shares of the business’s stock in a transaction that occurred on Sunday, March 22nd. The shares were bought at an average cost of $55.93 per share, with a total value of $55,930.00. Following the completion of the purchase, the vice president directly owned 9,051 shares of the company’s stock, valued at $506,222.43. This trade represents a 12.42% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.11% of the stock is owned by insiders.

Institutional Trading of Taiwan Semiconductor Manufacturing

Several large investors have recently bought and sold shares of TSM. Brighton Jones LLC boosted its position in Taiwan Semiconductor Manufacturing by 20.9% during the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company’s stock valued at $2,159,000 after acquiring an additional 1,892 shares in the last quarter. Gamco Investors INC. ET AL bought a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter valued at approximately $701,000. Bank of Nova Scotia boosted its position in Taiwan Semiconductor Manufacturing by 12.8% during the 2nd quarter. Bank of Nova Scotia now owns 15,697 shares of the semiconductor company’s stock valued at $3,556,000 after acquiring an additional 1,784 shares in the last quarter. FWL Investment Management LLC boosted its position in Taiwan Semiconductor Manufacturing by 26.5% during the 2nd quarter. FWL Investment Management LLC now owns 253 shares of the semiconductor company’s stock valued at $57,000 after acquiring an additional 53 shares in the last quarter. Finally, Main Street Financial Solutions LLC bought a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter valued at approximately $270,000. 16.51% of the stock is owned by institutional investors.

More Taiwan Semiconductor Manufacturing News

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

Positive Sentiment: Analysts and industry coverage expect TSMC to see explosive AI-led revenue growth in FY26 — Zacks highlights TSMC’s Q1 strength and projects the company could deliver >30% sales growth next year on sustained demand for advanced AI nodes. This directly supports revenue and margin upside for TSMC. TSM’s AI Boom Continues
Positive Sentiment: Zacks upgraded TSMC to a Buy (Rank #2), reflecting rising analyst optimism after Q1 results — upgrades can attract flows and validate the growth narrative. TSMC Upgraded to Buy
Positive Sentiment: Nvidia’s CEO warned of a 2–3 year manufacturing bottleneck, implying constrained supply for leading-edge chips — a scenario that benefits dominant foundries like TSMC which control scarce advanced capacity. NVIDIA CEO on Manufacturing Bottlenecks
Positive Sentiment: Equipment-makers’ results/expectations (e.g., Lam Research preview) and testing-equipment upgrades signal strong capex for chipmakers, supporting continued demand for TSMC’s capacity. Lam Research to Report Earnings
Neutral Sentiment: Broader chip/rally coverage (memory makers, analyst roundups) underscores sector strength but notes valuation differentials — positive for sentiment but not unique to TSMC. Memory Stock Valuations Debate
Neutral Sentiment: Roundups and “best AI stocks” lists (Zacks, Motley Fool) keep TSMC in focus, supporting interest and flows but not guaranteed to move the stock on their own. Zacks Investment Ideas
Negative Sentiment: Some commentary notes that strong earnings don’t always translate into immediate share gains and that markets may be pricing TSMC like a cyclical — this can lead to profit-taking or muted reactions despite positive fundamentals. Why Great Earnings Don’t Always Boost Prices
Negative Sentiment: Analyses arguing the market is mispricing TSMC as cyclical could pressure the stock if broader risk-off or rotation into cheaper chip names occurs. TSMC Market Pricing Analysis

About Taiwan Semiconductor Manufacturing

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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.