Susquehanna Reaffirms Buy Rating on Taiwan Semiconductor

Susquehanna reiterated its buy rating on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) on June 22, 2026. The firm set a price target of $575, reflecting continued confidence in the semiconductor giant. Shares of TSM traded near $462.12 on Monday.

Other Institutional Activity in Taiwan Semiconductor

Several institutional investors have recently adjusted their holdings in Taiwan Semiconductor. FMR LLC slightly reduced its position by 738,638 shares, holding 60,393,190 shares worth about $20.41 billion, a 1.2% decrease. In contrast, Capital World Investors increased its stake by 5,482,648 shares, bringing its total to 32,886,937 shares valued at approximately $11.11 billion, a 20% increase. Sanders Capital, LLC cut its holdings by 3,898,268 shares to 28,060,092 shares, valued at $9.48 billion, a 12.2% reduction. Meanwhile, Van Eck Associates Corp added 1,797,042 shares, ending with 19,262,004 shares worth around $6.51 billion, a 10.3% increase.

Taiwan Semiconductor Manufacturing Company Limited Stock Up 5.6%

Shares of Taiwan Semiconductor Manufacturing Company traded near $462.12 on Monday. The company has a market cap of approximately $2.4 trillion, with a P/E ratio of 39.67 and a forward P/E of 23.51. The stock's 52-week range is between $206.20 and $465.22. It has a 50-day moving average of $405.61 and a 200-day moving average of $335.15. The company maintains a current ratio of 2.49 and a quick ratio of 2.19, with a debt-to-equity ratio of 18.45.

Recent Earnings

In its most recent earnings report, Taiwan Semiconductor posted revenues of $4.10 trillion, reflecting a 35.1% growth. The company's net margin stands at 46.51%, with a return on equity of 36.21%. Earnings per share were reported at $11.65. The next earnings report is expected on July 16, 2026.

Dividend

Taiwan Semiconductor offers an annual dividend rate of $3.80, with a yield of 0.82%. The dividend payout ratio is 27.93%.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing Company Limited

Recent insider transactions at Taiwan Semiconductor include VP Yuan Lipen buying 1,000 shares at $75.26 on June 15, 2026. On June 8, 2026, VP Chuang Tzu-Sou sold 500,000 shares. On June 5, 2026, VPs Chuang Juiping, Liaw Yung-Haw, He Jun, and Chuang Tzu-Sou each bought shares around $76.01.

Analysts Set New Price Targets

On June 22, 2026, Susquehanna maintained its buy rating for Taiwan Semiconductor with a $575 price target. Other analysts, such as Barclays and Needham, have also maintained buy ratings, with targets of $470 and $480, respectively. The consensus recommendation for TSM is a strong buy, with a mean target price of $473.40 from 18 analysts.

About Taiwan Semiconductor Manufacturing Company Limited

Taiwan Semiconductor Manufacturing Company Limited is a leading technology firm in the semiconductor industry. Headquartered in Hsinchu City, Taiwan, it manufactures and sells integrated circuits and semiconductor devices globally. The company offers a variety of wafer fabrication processes and provides customer and engineering support services. TSMC's products are vital in high-performance computing, smartphones, IoT, automotive, and digital consumer electronics. The company, led by CEO Dr. C.C. Wei, employs around 76,907 people.

Bottom Line

Susquehanna's reaffirmation of its buy rating for Taiwan Semiconductor highlights continued confidence in the company's future prospects. With a market cap of over $2.4 trillion and significant institutional interest, TSM remains a key player in the semiconductor industry. This analyst update is based on past data and may not reflect current conditions, serving as a snapshot of institutional sentiment.