Taiwan Semiconductor Manufacturing Company Limited (TSM)
NYSE: TSM · IEX Real-Time Price · USD
175.70
+3.37 (1.96%)
At close: Jul 2, 2024, 4:00 PM
176.06
+0.36 (0.20%)
After-hours: Jul 2, 2024, 7:59 PM EDT
TSMC Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for TSMC stock have an average target of 184.5, with a low estimate of 168 and a high estimate of 200. The average target predicts an increase of 5.01% from the current stock price of 175.70.
Analyst Consensus: Strong Buy
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 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 | 3 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bernstein | Bernstein | Buy Maintains $150 → $200 | Buy | Maintains | $150 → $200 | +13.83% | Jun 20, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $180 → $200 | Buy | Maintains | $180 → $200 | +13.83% | Jun 17, 2024 |
| Barclays | Barclays | Buy Maintains $150 → $170 | Buy | Maintains | $150 → $170 | -3.24% | Jun 5, 2024 |
| Needham | Needham | Strong Buy Reiterates $168 | Strong Buy | Reiterates | $168 | -4.38% | May 22, 2024 |
| Barclays | Barclays | Buy Maintains $145 → $150 | Buy | Maintains | $145 → $150 | -14.63% | Apr 19, 2024 |
Financial Forecast
Revenue This Year
2,785.77B
from 2,161.74B
Increased by 28.87%
Revenue Next Year
3,359.41B
from 2,785.77B
Increased by 20.59%
EPS This Year
199.55
from 164.25
Increased by 21.49%
EPS Next Year
250.00
from 199.55
Increased by 25.28%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.0T | 4.1T | 5.0T | 3.9T | 4.2T |
| Avg | 2.8T | 3.4T | 3.9T | 3.8T | 4.1T |
| Low | 2.6T | 3.0T | 3.4T | 3.7T | 4.0T |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 38.7% | 47.4% | 49.8% | 0.3% | 11.5% |
| Avg | 28.9% | 20.6% | 16.1% | -2.6% | 8.3% |
| Low | 19.8% | 7.7% | 1.9% | -6.4% | 4.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 216.88 | 283.24 | 337.70 | 284.44 | 327.79 |
| Avg | 199.55 | 250.00 | 295.02 | 276.31 | 318.42 |
| Low | 182.77 | 218.93 | 258.43 | 265.48 | 305.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.0% | 41.9% | 35.1% | -3.6% | 18.6% |
| Avg | 21.5% | 25.3% | 18.0% | -6.3% | 15.2% |
| Low | 11.3% | 9.7% | 3.4% | -10.0% | 10.7% |
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.