Mon Mar 03 15:30:00 UTC 2025: ## TSMC (TSM) Stock Dips Despite Strong Sector Performance; Analysts Remain Bullish

**NEW YORK, NY** – Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, closed at $180.53 on Wednesday, down 0.31% despite a strong overall market. The S&P 500 gained 1.59%, the Dow 1.39%, and the Nasdaq 1.63%. While TSMC underperformed the broader market, it also outpaced the Computer and Technology sector’s monthly decline of 3.43%, falling only 13% in the last month.

Analysts remain optimistic about TSMC’s prospects. For the upcoming earnings report, analysts predict earnings per share (EPS) of $2.03, representing a 47.1% year-over-year increase, and revenue of $25.25 billion, a 33.77% jump. Full-year estimates are even more bullish, projecting EPS of $9.20 (+30.68% year-over-year) and revenue of $113.63 billion (+26.14%).

Positive revisions to TSMC’s EPS estimates over the last 30 days (up 0.07%) have contributed to a Zacks Rank of #2 (Buy). The company’s valuation metrics are in line with its industry average, boasting a Forward P/E ratio of 19.69 and a PEG ratio of 0.6. TSMC operates within the Semiconductor – Circuit Foundry industry, a top performer currently ranked in the top 2% of all Zacks-ranked industries.

This strong industry performance, coupled with positive analyst sentiment and robust earnings projections, suggests a positive outlook for TSMC, despite the recent slight dip in share price. Investors are advised to monitor TSMC’s upcoming earnings report for further insights.

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