Barclays raises target for Taiwan Semiconductor Manufacturing stock to USD 665.00

Published on 10/13/2026 at 13:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TSMC reports third-quarter results on October 15, 2026. Taiwan Semiconductor Manufacturing stock costs EUR 394.00 on October 13, 2026.

Barclays raised its Taiwan Semiconductor Manufacturing target from USD 650.00 to USD 665.00 on October 6, 2026.
Third-quarter results are scheduled for October 15, 2026, with gross margin guidance of 65.00-67.00 percent.
Taiwan Semiconductor Manufacturing stock costs EUR 394.00 at Lang & Schwarz on October 13, 2026 at 1:38 p.m. CEST.
The NYSE-listed ADR had a USD 2.3 trillion market capitalization and a price-to-earnings ratio of 28.86 on October 12, 2026.

TSM, US8740391003, Illustration mit AI erstellt.

Barclays raised its target for Taiwan Semiconductor Manufacturing stock from USD 650.00 to USD 665.00 while maintaining an overweight rating, according to MarketBeat on October 6, 2026. The target change is the clearest fresh valuation signal for the NYSE-listed ADR, although the report does not establish a new euro-based trading comparison.

Taiwan Semiconductor Manufacturing (ISIN US8740391003) was trading at EUR 394.00 at Lang & Schwarz on October 13, 2026 at 1:38 p.m. CEST.

Results arrive on October 15

TSMC is scheduled to report third-quarter 2026 results on October 15, 2026. Admirals reported on October 12, 2026 that analysts expected third-quarter net profit of NT$741 billion to NT$746 billion, representing growth of 64.00 percent to 65.00 percent from the same quarter of 2025.

The company has already reported third-quarter revenue of NT$1.49 trillion, up 51.00 percent from the same quarter a year earlier, according to Investing.com on October 9, 2026. That shifts attention from demand to profitability and the next outlook.

Margins set the earnings test

Yahoo Finance reported on October 6, 2026 that management guided for third-quarter revenue of USD 44.60 billion to USD 45.80 billion and gross margin of 65.00 percent to 67.00 percent. The same report said second-quarter gross margin was 67.70 percent, making the margin range a direct comparison for the upcoming release.

The operating question is whether the 2nm production ramp and overseas factory investment absorb more margin than expected. Revenue has already cleared the key hurdle, so a result near the upper end of the 65.00 percent to 67.00 percent range would carry more information than another sales record.

Valuation remains measurable

The NYSE-listed ADR last stood at USD 444.35 on October 12, 2026 at 4:00 p.m. ET, according to the structured market quote. Its USD 2.3 trillion market capitalization, price-to-earnings ratio of 28.86, 52-week range of USD 266.82 to USD 487.47 and trading volume of 8,814,597 shares provide the valuation frame. The EUR 394.00 Lang & Schwarz quote is a separate German-market price.

Comparison with peers

TSM: price-to-earnings ratio 28.86, market capitalization USD 2.3 trillion
Advanced Micro Devices (Nasdaq, USD): minus 2.28 percent, price-to-earnings ratio 152.37, market capitalization USD 969.0 billion
Broadcom (Nasdaq, USD): minus 1.88 percent, price-to-earnings ratio 45.30, market capitalization USD 1.7 trillion

What the next quote shows

For Taiwan Semiconductor Manufacturing, the next scheduled date is October 15, 2026, when margin performance and full-year commentary can be compared with the existing revenue and margin ranges. At Lang & Schwarz, the stock was trading at EUR 394.00 on October 13, 2026 at 1:38 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Taiwan Semiconductor Manufacturing stock.