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Taiwan Semiconductor TSM

$448.58
+$2.01 (+0.45%)
Market open · Sep 24, 2:00 pm ET
After hours $446.60 +0.01%
Open$442.00
Prev close$446.57
Day range$440.69 – $452.54
Volume4.49M
Market cap$2.33T
P/E (TTM)33.4
Dividend yield0.77%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

TSM at a glance

Shares of Taiwan Semiconductor are up 0.45% at $448.58. The company is worth $2.33T, number 7 out of 300 on our list.

Over the past 52 weeks it has traded between $264.08 and $477.72, so it sits 6.1% below the top of that range. Holders are ahead 61.0% over twelve months, and up 1.8% across the last three months.

On the chart it holds above both the 50-day ($418.40) and 200-day ($380.71) moving averages; RSI is 60, and the last 30 sessions moved at roughly 29% annualized volatility.

For the quarter ended Jun 2026 it reported NT$1.27T in revenue, up 36.0% from a year earlier, with NT$706.78B of net profit (a 49.9% margin).

Buyers are paying 33.4 times trailing earnings, 34% above its five-year average of 25.0. The median for its industry group is 83.9.

7 analysts follow the stock and the average call is "buy". The mean target, $552.00, sits 23.1% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Taiwan Semiconductor: the business

TSMC is the world's biggest contract chipmaker, producing most of the leading-edge chips for Apple, Nvidia, AMD and others in Taiwan.

What tends to move it. Demand for AI chips, capacity expansion in Arizona and Japan, and Taiwan geopolitical risk are the primary factors.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
+0.5%
1 week
+7.4%
1 month
+9.4%
3 months
+1.8%
6 months
+31.0%
Year to date
+48.4%
1 year
+61.0%
Day range
$440.69$452.54
52-week range
$264.08$477.72

Technical signals

Full technicals →
Trend readStrong uptrend

7 bullish · 0 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average+5.2%Bullish
Price vs 50-day average+7.2%Bullish
Price vs 200-day average+17.8%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)59.7Bullish
MACD (12,26,9)6.13Bullish
Bollinger band position96%Bullish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$448.46 / $448.58
Average price today$446.18
Volume4.49MAvg (90d) 12.45M
Turnover$2.01B
Turnover rate0.10%of shares outstanding
Volume ratio0.57vs. recent average pace
Day amplitude2.65%
Market cap$2.33T
Float market cap$2.10T
Shares outstanding4.67B
EPS (TTM)$10.29
P/E (TTM)33.40
P/B11.51
Book value / share$38.98
Earnings yield0.34%
Dividend (TTM)$3.46 / shareYield 0.77%
Net profit (TTM)$53.35B
Net assets$202.14B
30-day volatility28.7%annualized
Avg daily range (ATR)2.36%of price, 14 days
Max drawdown (1y)-21.5%-6.1% from 1y peak

Quote as of Sep 24, 2026 2:00 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How TSM ranks on BeStock

Market value#7 of 300
P/E (cheapest = 1)#221 of 283
Dividend yield#195 of 244
Closeness to 52-week high#48 of 300
Dollar volume today#21 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026 · reported in TWD

RevenueNT$1.27T+36.0% YoY
Operating profitNT$766.57B+65.4% YoY
Net profitNT$706.78B+77.8% YoY
Diluted EPSNT$136.25+77.4% YoY
Free cash flowNT$274.97B+37.6% YoY
Operating cash flowNT$783.36B

Revenue, last 8 quarters

NT$759.7BSep '24NT$868.5BDec '24NT$839.3BMar '25NT$933.8BJun '25NT$989.9BSep '25NT$1.0TDec '25NT$1.1TMar '26NT$1.3TJun '26

Net profit, last 8 quarters

NT$325.1BSep '24NT$359.6BDec '24NT$360.7BMar '25NT$397.5BJun '25NT$451.8BSep '25NT$485.1BDec '25NT$572.8BMar '26NT$706.8BJun '26

Profitability & balance sheet

Gross margin64.2%
Operating margin56.1%
Net margin49.9%
Return on equity40.3%
Return on assets27.1%
Return on invested capital32.6%
Current ratio2.46
Liabilities / assets30.9%
Cash & investmentsNT$3.60T
Total debtNT$1.06T
Net cash (debt)NT$2.53T
Free cash flow / sales25.3%
Average move on report day±4.1%last 16 reports
Closed higher11 of 1669% of the time
Best reaction+9.8%
Worst reaction-5.0%

Stock move on the day after each report

+9.8%2024/Q3+3.9%2024/Q4+0.0%2025/Q1+3.4%2025/Q2-1.6%2025/Q3+4.4%2025/Q4-3.1%2026/Q1-2.3%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings32.1x
CheapRich

Near the top of its 5-year range · 83rd percentile, 5-year average 25.0x

#2138 of 2977 stocks by PE (1 = cheapest)

Price / book11.1x
CheapRich

Near the top of its 5-year range · 94th percentile, 5-year average 7.2x

#4896 of 5304 stocks by PB (1 = cheapest)

Price / sales16.0x
CheapRich

Near the top of its 5-year range · 95th percentile, 5-year average 10.4x

#4597 of 5143 stocks by PS (1 = cheapest)

P/E over five years

10x20x30x40xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$534.00
Price vs. fair value-16.0%Trading below the estimate
Star rating★★★★☆
Economic moatWide
UncertaintyMedium

Analyst view

All ratings →
ConsensusBuy
Analysts7
Average target$552.00+23.1% vs. price
  • Buy 86%
  • Hold 14%
Low $440.00Now $448.58Avg $552.00High $650.00

Latest rating actions

  • 8 Sep 2026BernsteinBUY · PT $554.00
  • 31 Aug 2026BofA SecuritiesBUY · PT $590.00
  • 18 Aug 2026BofA SecuritiesBUY
  • 11 Aug 2026BernsteinBUY · PT $554.00
  • 27 Jul 2026NeedhamBUY · PT $530.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership55.8%-0.16 pts vs. prior quarter
Institutions holding4,347-44 vs. prior quarter
Insider trades (recent)29 buys / 1 sellsNet buying
Short interest0.58% of floatDays to cover 3.1 · as of 31 Aug 2026
Short-sale volume share16.3%5-day average of daily volume

Short-sale volume as % of daily volume

6%15%23%32%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$154.58M (7 inflow days, 13 outflow days).

Dividends

Dividend yield (TTM)0.77%
Upcoming dividend$1.09Ex-date 10 Dec 2026
Next-to-last$1.11
Payments on file40

Dividends paid per share, by year

1.0420181.6020191.5420201.8820211.8220221.8420232.3220243.082025

Across the full calendar years shown, the annual payout grew by roughly 16.8% a year.

Latest headlines

More news →
  • Bernstein Maintains Taiwan Semiconductor(TSM.US) With Buy Rating, Maintains Target Price $554Market news · 8 Sep 2026
  • PERFECT SOLUTIONS | 3: Initial statement of beneficial ownership of securities-10% Owner TSM SOGO Firm Co., Ltd.SEC · 29 Sep 2026
  • SIG Maintains Taiwan Semiconductor(TSM.US) With Buy Rating, Maintains Target Price $600Market news · 14 Sep 2026
  • The AI megatrend is still in its very early stages! At the Goldman Sachs conference, Taiwan Semiconductor (TSM.US) released its latest assessment: AI agents will expand computing demand to CPUs, while N3 and CoWoS capacity remain extremely tight.Zhitong Finance · 10 Sep 2026
  • Taiwan Semiconductor (TSM.US) saw August revenue surge 53.3% as AI chip demand hits record highsZhitong Finance · 10 Sep 2026
  • BofA Securities Maintains Taiwan Semiconductor(TSM.US) With Buy Rating, Announces Target Price $590Market news · 31 Aug 2026

TSM stock: common questions

What is TSM's latest share price?

$448.58 is the latest print for TSM, a move of +0.45% against yesterday's close of $446.57. Today's low and high so far: $440.69 and $452.54.

How big is Taiwan Semiconductor?

Equity value comes to $2.33T at the current price. By that measure it is number 7 of the 300 names in our coverage.

Is TSM expensive on earnings?

Buyers pay 33.4 times the last twelve months of profit (EPS $10.29). Averaged over five years the multiple has been 25.0, and today's level ranks in the 83rd percentile of its own history.

Where does TSM sit in its 52-week range?

The year's floor is $264.08 and the ceiling $477.72. Shares are 6.1% away from that ceiling.

Does TSM send cash back through a dividend?

It does. Payouts over the past twelve months work out to a 0.77% yield; the latest ex-dividend date was September 16, 2026.

What is the analyst view on Taiwan Semiconductor?

Of 7 analysts, 86% say buy, 14% hold and 0% sell. Price targets average $552.00, with the most cautious at $440.00 and the most optimistic at $650.00.

What does Taiwan Semiconductor do?

TSMC is the world's biggest contract chipmaker, producing most of the leading-edge chips for Apple, Nvidia, AMD and others in Taiwan.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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