Taiwan Semiconductor Manufacturing Company Ltd. (TSM) Hits Fresh High: Is There Still Room to Run?

What happened: Taiwan Semiconductor Manufacturing Company Ltd. ($TSM) hit a new 52-week high of $487.47 in the previous session, with shares up 13.3% over the past month. Key numbers: 52-week high $487.47. Up 13.3% in a month and 59.9% year to date. Last earnings (July 16, 2026) EPS $4.31 vs $3.87 estimate. Why it matters: The stock has beaten the consensus estimate in each of the last four quarters, and favorable earnings estimate revisions from covering analysts support the Zacks Rank of #2 (Buy). Its Value Score of D suggests the shares may not be cheap after the run.

Taiwan Semiconductor Manufacturing Company Ltd. ($TSM) hit a new 52-week high of $487.47 in the previous session, with shares up 13.3% over the past month.

The stock has beaten the consensus estimate in each of the last four quarters, and favorable earnings estimate revisions from covering analysts support the Zacks Rank of #2 (Buy). Its Value Score of D suggests the shares may not be cheap after the run.