Equities Analysts Set Expectations for TSM Q3 Earnings

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) – Research analysts at Wedbush reduced their Q3 2025 earnings estimates for shares of Taiwan Semiconductor Manufacturing in a research note issued to investors on Tuesday, December 10th. Wedbush analyst M. Bryson now expects that the semiconductor company will earn $2.35 per share for the quarter, down from their previous forecast of $2.37. The consensus estimate for Taiwan Semiconductor Manufacturing’s current full-year earnings is $6.97 per share. Wedbush also issued estimates for Taiwan Semiconductor Manufacturing’s Q3 2026 earnings at $2.76 EPS.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, October 17th. The semiconductor company reported $1.94 EPS for the quarter, beating the consensus estimate of $1.74 by $0.20. Taiwan Semiconductor Manufacturing had a return on equity of 27.44% and a net margin of 39.10%. The firm had revenue of $23.50 billion during the quarter, compared to the consensus estimate of $22.72 billion.

A number of other research analysts have also issued reports on TSM. StockNews.com lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, November 17th. Needham & Company LLC reiterated a “buy” rating and set a $210.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, October 17th. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Finally, Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $214.00.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE:TSM opened at $201.00 on Thursday. The firm has a market cap of $1.04 trillion, a price-to-earnings ratio of 31.97, a price-to-earnings-growth ratio of 0.90 and a beta of 1.09. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30. Taiwan Semiconductor Manufacturing has a 1-year low of $98.80 and a 1-year high of $212.60. The firm’s fifty day moving average price is $192.64 and its 200 day moving average price is $177.70.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Tuesday, March 18th will be issued a $0.5484 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $2.19 annualized dividend and a yield of 1.09%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 31.57%.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TSM. SteelPeak Wealth LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 35.5% during the second quarter. SteelPeak Wealth LLC now owns 3,133 shares of the semiconductor company’s stock worth $546,000 after buying an additional 821 shares in the last quarter. Swedbank AB lifted its stake in shares of Taiwan Semiconductor Manufacturing by 4.3% during the 2nd quarter. Swedbank AB now owns 1,496,874 shares of the semiconductor company’s stock worth $260,172,000 after purchasing an additional 61,452 shares during the period. Fiduciary Financial Group LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the second quarter worth $315,000. Silver Lake Advisory LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at $535,000. Finally, Triad Wealth Partners LLC acquired a new position in Taiwan Semiconductor Manufacturing in the second quarter valued at $174,000. Institutional investors and hedge funds 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.