TSM stock gains as earnings estimates rise

Published on 09/22/2026 at 14:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TSM stock opened at USD 445.33 on September 22, 2026, while Erste lifted its FY2026 EPS estimate to USD 16.78. June-quarter revenue rose 32.92 percent.

TSM, US8740391003, Illustration mit AI erstellt.

Taiwan Semiconductor Manufacturing Company Ltd. (US8740391003) opened at USD 445.33 on the Nasdaq on September 22, 2026, as Erste Group Bank raised its FY2026 earnings estimate to USD 16.78 per share from USD 16.72.MarketBeat reported the estimate change on September 22, 2026. The revision puts Erste above the broader FY2026 consensus of USD 16.55 per share.

Estimates move above consensus

The difference is measurable: Erste's new forecast is USD 0.23 above consensus and USD 0.06 above its previous estimate. The same September 22, 2026 report said analysts held a consensus Buy rating with an average target price of USD 523.22, while DA Davidson had raised its target from USD 450.00 to USD 500.00 and Bank of America had lifted its target from USD 490.00 to USD 590.00.MarketBeat carried those analyst details.

The valuation reflects the strength of the earnings outlook but also raises the bar for future results. MarketBeat reported a price-to-earnings ratio of 32.13 and a PEG ratio of 0.96 on September 22, 2026, figures that link the share price closely to continued profit growth rather than to a low-multiple recovery story.

June quarter delivered stronger growth

TSMC's latest reported quarter ended June 30, 2026. According to finanzen.ch on September 21, 2026, earnings per share reached USD 4.31, up from USD 2.49 in the year-earlier quarter. Revenue came to USD 40.18 billion, an increase of 32.92 percent from USD 30.23 billion.

That comparison gives the current estimate upgrade a concrete operating base. The June-quarter EPS increase was USD 1.82, while revenue expanded by USD 9.95 billion year over year. MarketBeat separately reported June-quarter EPS of USD 4.28 and revenue of USD 39.89 billion, illustrating a small difference between data sets while confirming the same reporting period and growth direction.MarketBeat

AI demand meets execution risk

The September 22, 2026 MarketBeat report linked the positive earnings backdrop to advanced-packaging expansion and strong AI-chip demand. It also described a counter-factor: a planned supplier-validation lab and training center is expected to take roughly three years to become operational, leaving spending, timing and execution risks before the investment can contribute materially.

For the stock, the key tension is therefore between rising earnings expectations and the delivery schedule for additional capacity. The June-quarter revenue comparison of 32.92 percent supports the growth case, while the 2026 EPS consensus of USD 16.55 marks the earnings threshold against which future updates will be measured.

TSM stock remains below its yearly high

TSM stock traded at USD 442.15 in New York at 8:26 p.m. on September 21, 2026, up 1.7 percent in that session, according to finanzen.ch. The 52-week range was USD 262.84 to USD 478.89, placing the quotation USD 36.74, or 7.67 percent, below the high.