Wedbush Has Pessimistic Outlook of TSM Q3 Earnings

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) – Wedbush lowered their Q3 2025 earnings per share estimates for Taiwan Semiconductor Manufacturing in a research note issued on Tuesday, December 10th. Wedbush analyst M. Bryson now expects that the semiconductor company will post earnings per share of $2.35 for the quarter, down from their prior estimate of $2.37. The consensus estimate for Taiwan Semiconductor Manufacturing’s current full-year earnings is $6.95 per share. Wedbush also issued estimates for Taiwan Semiconductor Manufacturing’s Q3 2026 earnings at $2.76 EPS.

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

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

Taiwan Semiconductor Manufacturing Price Performance

TSM opened at $191.50 on Thursday. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The company’s 50-day moving average price is $192.40 and its 200 day moving average price is $177.61. Taiwan Semiconductor Manufacturing has a fifty-two week low of $98.80 and a fifty-two week high of $212.60. The firm has a market cap of $993.20 billion, a price-to-earnings ratio of 30.69, a price-to-earnings-growth ratio of 0.94 and a beta of 1.09.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Tuesday, March 18th will be paid a $0.5484 dividend. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. This represents a $2.19 annualized dividend and a dividend yield of 1.15%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 31.09%.

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. DGS Capital Management LLC increased its stake in Taiwan Semiconductor Manufacturing by 8.7% during the 3rd quarter. DGS Capital Management LLC now owns 21,116 shares of the semiconductor company’s stock valued at $3,667,000 after buying an additional 1,682 shares during the period. Logan Capital Management Inc. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 20.1% in the 3rd quarter. Logan Capital Management Inc. now owns 334 shares of the semiconductor company’s stock worth $58,000 after acquiring an additional 56 shares during the period. Dantai Capital Ltd boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 62.7% in the third quarter. Dantai Capital Ltd now owns 33,095 shares of the semiconductor company’s stock valued at $5,748,000 after acquiring an additional 12,755 shares in the last quarter. Oddo BHF Asset Management Sas acquired a new position in shares of Taiwan Semiconductor Manufacturing during the third quarter valued at approximately $2,449,000. Finally, Garde Capital Inc. raised its holdings in Taiwan Semiconductor Manufacturing by 142.2% during the third quarter. Garde Capital Inc. now owns 6,246 shares of the semiconductor company’s stock worth $1,085,000 after purchasing an additional 3,667 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Company Profile

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.