TSMC stock: Barclays raises target for TSM stock to USD 670.00 from USD 665.00

Published on 10/20/2026 at 15:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TSMC set NT$7.00 dividend for December 10, 2026. TSM stock costs EUR 372.00 on October 20, 2026, down 0.80 percent versus Tradegate close.

Analyst target and reporting date

Barclays raised its TSMC target to USD 670.00 from USD 665.00 on October 16, 2026.
TSMC set a NT$7.00 dividend with a December 10, 2026 ex-dividend date.
TSM stock stood at EUR 372.00 on Tradegate on October 20, 2026 at 9:17 a.m. CEST, down 0.80 percent versus the EUR 375.00 Tradegate close of October 19, 2026.

TSM, US8740391003, Illustration mit AI erstellt.

Taiwan Semiconductor Manufacturing Company (ISIN US8740391003) is the subject of a higher Barclays valuation after analyst Simon Coles lifted the target to USD 670.00 from USD 665.00 on October 16, 2026, according to Markets Insider. The target lies 60.05 percent above the USD 418.65 primary-exchange price quoted at 9:53 a.m. EDT on October 20, 2026. The latest Tradegate quote stood at EUR 372.00 on October 20, 2026 at 9:17 a.m. CEST, down 0.80 percent versus the Tradegate close of October 19, 2026 at EUR 375.00.

Quarterly growth sets the backdrop

TSMC reported third-quarter 2026 revenue of NT$1,494.24 billion, up 50.90 percent from a year earlier, while net income rose 68.70 percent to NT$763.06 billion. The figures came from the company's October 15 filing carried by StockTitan.

Operating margin was 58.70 percent in the quarter, compared with 60.30 percent in the second quarter. Fourth-quarter revenue guidance was USD 52.30 billion to USD 54.30 billion, while operating margin guidance was 56.50 percent to 58.50 percent.

Price position and ranges

The USD 418.65 primary-exchange price was below the 52-week high of USD 487.47 and above the 52-week low of USD 266.82 on October 20, 2026. That range places the stock 14.12 percent below its high and 56.93 percent above its low. The same quote showed a market capitalization of USD 2.2 trillion and a price-to-earnings ratio of 24.48.

Valuation and dividend date

TSMC's board approved a NT$7.00 cash dividend for the second quarter of 2026, with December 10, 2026 set as the ex-dividend date and December 16, 2026 as the record date, according to the October 15 filing. The next reporting date is estimated for January 14, 2027 by Portevo.

Comparison with peers

TSM: down 0.80 percent, P/E 24.48, market capitalization USD 2.2 trillion.

NVIDIA (Nasdaq, USD): down 1.39 percent, P/E 27.00, market capitalization USD 5.2 trillion.

ASML (Euronext Amsterdam, EUR): down 2.97 percent, P/E 41.55, market capitalization EUR 559.5 billion.

Tradegate quote and valuation

Barclays' revised USD 670.00 target keeps analyst attention on TSMC's earnings growth, while the October 20 Tradegate quote remained below the October 19 close. The company also guides for higher fourth-quarter revenue and a December dividend date.

The latest Tradegate quote stood at EUR 372.00 on October 20, 2026 at 9:17 a.m. CEST, down 0.80 percent versus the Tradegate close of October 19, 2026 at EUR 375.00.