Taiwan Semiconductor Manufacturing Company Limited (TSM)

TSMC Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for TSMC stock have an average target of 232.5, with a low estimate of 200 and a high estimate of 255. The average target predicts an increase of 9.93% from the current stock price of 211.50.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$200	$232.5	$250	$255
Change	-5.44%	+9.93%	+18.20%	+20.57%

Analyst Ratings

The average analyst rating for TSMC stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	1	1	1	1	1	1
Buy	3	3	3	3	3	3
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Simon Coles Barclays	Barclays	Buy Maintains $240 → $255	Buy	Maintains	$240 → $255	+20.57%	Jan 17, 2025
Charles Shi Needham	Needham	Strong Buy Reiterates $225	Strong Buy	Reiterates	$225	+6.38%	Jan 16, 2025
Simon Coles Barclays	Barclays	Buy Maintains $215 → $240	Buy	Maintains	$215 → $240	+13.48%	Nov 18, 2024
Simon Coles Barclays	Barclays	Buy Maintains $200 → $215	Buy	Maintains	$200 → $215	+1.65%	Oct 23, 2024
Charles Shi Needham	Needham	Strong Buy Maintains $210 → $225	Strong Buy	Maintains	$210 → $225	+6.38%	Oct 18, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2,935.57B

Increased by 35.80%

from 2,161.74B

Revenue Next Year

3,691.41B

Increased by 25.75%

from 2,935.57B

EPS This Year

45.47

Increased by 40.60%

from 32.34

EPS Next Year

58.87

Increased by 29.48%

from 45.47

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1,069.99B	1,339.25B	1,587.42B	2,263.89B	2,161.74B	2,935.57B	3,691.41B	4,348.80B
Revenue Growth	3.73%	25.17%	18.53%	42.61%	-4.51%	35.80%	25.75%	17.81%
EPS	13.65	19.70	23.01	39.20	32.34	45.47	58.87	69.74
EPS Growth	-2.50%	44.30%	16.80%	70.39%	-17.51%	40.60%	29.48%	18.46%
Forward PE	-	-	-	-	-	153.01	118.17	99.75
No. Analysts	-	-	-	-	-	36	36	26

Financial currency is TWD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	3.0T	4.0T	5.0T
Avg	2.9T	3.7T	4.3T
Low	2.8T	3.3T	3.5T

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	41.0%	36.1%	35.9%
Avg	35.8%	25.7%	17.8%
Low	28.0%	12.2%	-4.5%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	57.94	64.82	82.12
Avg	45.47	58.87	69.74
Low	40.42	49.24	53.90

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	79.2%	42.6%	39.5%
Avg	40.6%	29.5%	18.5%
Low	25.0%	8.3%	-8.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.