Taiwan Semiconductor Manufacturing Co is a semiconductor company located in Taiwan, which is part of the Technology sector, and is traded under the ticker TSM on the NYSE exchange.
Taiwan Semiconductor Manufacturing Co stock last closed at $85.64, up 0.33% from the previous day, and has increased 13.24% in one year. It has underperformed other stocks in the Semiconductors industry by 0.11 percentage points. Taiwan Semiconductor Manufacturing Co stock is currently +44.1% from its 52-week low of $59.43, and -22.63% from its 52-week high of $110.69.
As of Sep 22, 2023, there are 25.93B TSM shares outstanding. The market value of TSM is $444.16B. In the past 24 hours, 7.97M TSM shares were traded.
You need a brokerage account in order to access the NYSE market and buy TSM shares.
We believe that eToro is the best online stock brokerage. eToro gives you:
Get $10 towards your stock purchase by opening an account with eToro now.Open eToro Account
Now that you've chosen your brokerage, it's time to fill out some personal details so you are able to invest in TSM today.
Now that you've created your account on the best stock trading app, you can securely and quickly fund your account:
Check out the tutorial below to see the process of transferring money into your new brokerage account.
After you have identified the best place to buy Taiwan Semiconductor Manufacturing Co stock, it's critical to research their stock before you buy, so you truly understand the risk and opportunity.
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis.
You can see all of the due diligence checks on TSM's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge TSM's true value.
Using relative valuations methods:
You can access additional valuation analysis on TSM's stock here.
Out of 2 Equities analysts who research TSM, the consensus analyst rating on Taiwan Semiconductor Manufacturing Co is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
Charles Shi, a bottom 24% analyst from Needham maintains TSM with a buy rating and lowers their TSM price target from $118.00 to $115.00, on Jul 21, 2023.
Needham's Charles Shi lowered their price target on Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) by 2.54% from $118.00 to $115.00 on 2023/07/21. The analyst maintained their Buy rating on the stock.
The company posted a "sobering" Q2 print in spite of the "AI craze" environment, the analyst summarized.
Even with elevated demand from the AI boom, the chip manufacturer's largest segment continued to suffer from smartphone demand weakness, Shi detailed, noting that the company's Capex "is trending lower into 2024."
For Q2 2023, TSMC reported:
Management guided for Q3 2023:
CEO Wendell Huang commented: “Our Q2 business was impacted by overall global economic conditions, which dampened end market demand, and led to customers’ ongoing inventory adjustments.
“Moving into Q3 2023, we expect our business to be supported by the strong ramp of our 3-nanomenter technologies, partially offset by customers’ continued inventory adjustments.”
Mehdi Hosseini, a top 23% analyst from Susquehanna maintains TSM with a strong buy rating and raises their TSM price target from $128.00 to $135.00, on Jul 14, 2023.
You can dig deeper into what analysts are saying on the Taiwan Semiconductor Manufacturing Co stock forecast page.
Last year, TSM earnings were $30.10B. During the last four year, TSM's earnings have grown by 26.69% per year. This was faster than the Semiconductors industry average of 18.7%.
Last year, TSM revenue was $71.21B. Over the past five year, TSM's revenue has gone up by 16.73% per year. This was faster than the Semiconductors industry average of 15.88%.
Dive into TSM's earnings and revenue performance here.
In the past year, insiders at TSM have not bought or sold any shares.
Get more info about who owns TSM shares here.
Taiwan Semiconductor Manufacturing Co pays a dividend of 2.12%, compared to the Semiconductors industry's average dividend yield of 9.88%. If you owned $1,000 worth of TSM stock, you would have received $21.24 in the past year.
Taiwan Semiconductor Manufacturing Co dividend payments have consistently grown over the past decade but have not remained stable.
Get more analysis about Taiwan Semiconductor Manufacturing Co dividend yield and history here.
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
You have two main types of orders:
Hit the Open Trade button and your broker will execute the order.
If you require additional help with buying stocks on eToro, click the helpful video below:
Now that you own some shares in TSM, you'll want to keep up with your new shares.
Put TSM on a watchlist to get the latest updates about your TSM stock.
To reiterate, here are the 6 steps to buy stock in Taiwan Semiconductor Manufacturing Co:
If you are looking for a place to buy stocks, eToro is our favorite venue.Get Started with eToro Today
If you would like to get notifications regarding your new investment in Taiwan Semiconductor Manufacturing Co, add TSM to your watchlist below.
How much does it cost to buy one Taiwan Semiconductor Manufacturing Co share?
Is now a good time to buy Taiwan Semiconductor Manufacturing Co stock?
What is the best way to buy Taiwan Semiconductor Manufacturing Co stock?