Taiwan Semiconductor Manufacturing Company Limited

(New York Stock Exchange)
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Bullish +75

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) Hits Fresh High: Is There Still Room to Run?

Earnings report Financial outlook AI-generated analysis

📈 TSMC shares hit a new 52-week high of $487.47, marking a 13.3% gain over the past month.

🚀 The stock has rallied 59.9% year-to-date, matching the semiconductor circuit foundry industry return while outperforming the broader tech sector.

💰 TSMC beat earnings estimates for four consecutive quarters, with the latest EPS of $4.31 exceeding the consensus of $3.87.

📊 Analysts forecast current fiscal year earnings of $16.56 per share on revenues of $167.92 billion.

🔮 Next fiscal year projections show expected earnings of $21.33 per share with revenues reaching $221.2 billion.

📉 The company trades at a PEG ratio of 1.08 and a forward P/E of 29.3X, aligning with peer industry averages.

🏆 TSMC holds a Zacks Rank of #2 (Buy) supported by favorable earnings estimate revisions from analysts.

📝 The company possesses a Growth Score of B and a Momentum Score of A within its Zacks Style Scores.

Bullish Signals
  • TSMC shares have surged to a fresh 52-week high of $487.47, reflecting strong investor confidence in the company's recent performance.
  • The stock has gained 59.9% year-to-date, matching the semiconductor circuit foundry industry return and significantly outperforming the broader computer and technology sectors.
  • TSMC has beaten earnings estimates for four consecutive quarters, demonstrating a reliable track record of profitability exceeding analyst expectations.
  • The company is expected to post current fiscal year earnings of $16.56 per share on revenues of $167.92 billion, representing a 55.49% increase in EPS.
  • Analysts project next fiscal year earnings of $21.33 per share on $221.2 billion in revenue, indicating sustained high-growth momentum.
  • TSMC has secured a Zacks Rank of #2 (Buy) due to favorable earnings estimate revisions from covering analysts.
Full Analysis
Shares of Taiwan Semiconductor Manufacturing Company Ltd. (TSM) have surged to a fresh 52-week high of $487.47, driven by strong momentum and a record-breaking performance relative to its sector peers. The stock has gained nearly 60% year-to-date, significantly outpacing the broader computer and technology sectors as well as the specific circuit foundry industry. TSMC has demonstrated a consistent track record of beating earnings estimates for the last four consecutive quarters. In its most recent report on July 16, 2026, the company reported an EPS of $4.31 against a consensus estimate of $3.87. Analysts project significant growth for the current fiscal year with expected earnings of $16.56 per share and revenues of $167.92 billion, representing substantial increases from the prior year. Looking ahead to the next fiscal year, TSMC is expected to generate $21.33 in EPS on $221.2 billion in revenue, indicating continued robust expansion. While the stock trades at a premium valuation with a PEG ratio of 1.08 and price-to-earnings multiples aligned with peers, its strong growth profile and favorable earnings estimate revisions have secured it a Zacks Rank of #2 (Buy), suggesting potential for further upside.