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 47.78% from the current stock price of 157.33.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$200	$232.5	$250	$255
Change	+27.12%	+47.78%	+58.90%	+62.08%

* Price targets were last updated on Feb 18, 2025.

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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '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
Charles Shi Needham	Needham	Strong Buy Reiterates $225	Strong Buy	Reiterates	$225	+43.01%	Feb 18, 2025
Simon Coles Barclays	Barclays	Buy Maintains $240 → $255	Buy	Maintains	$240 → $255	+62.08%	Jan 17, 2025
Charles Shi Needham	Needham	Strong Buy Reiterates $225	Strong Buy	Reiterates	$225	+43.01%	Jan 16, 2025
Simon Coles Barclays	Barclays	Buy Maintains $215 → $240	Buy	Maintains	$215 → $240	+52.55%	Nov 18, 2024
Simon Coles Barclays	Barclays	Buy Maintains $200 → $215	Buy	Maintains	$200 → $215	+36.66%	Oct 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

3,768.47B

Increased by 30.20%

from 2,894.31B

Revenue Next Year

4,488.46B

Increased by 19.11%

from 3,768.47B

EPS This Year

61.22

Increased by 35.30%

from 45.25

EPS Next Year

73.43

Increased by 19.94%

from 61.22

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1,339.25B	1,587.42B	2,263.89B	2,161.74B	2,894.31B	3,768.47B	4,488.46B	5,361.60B
Revenue Growth	25.17%	18.53%	42.61%	-4.51%	33.89%	30.20%	19.11%	19.45%
EPS	19.70	23.01	39.20	32.34	45.25	61.22	73.43	87.90
EPS Growth	44.30%	16.80%	70.39%	-17.51%	39.93%	35.30%	19.94%	19.71%
Forward PE	-	-	-	-	-	83.55	69.65	58.19
No. Analysts	-	-	-	-	-	35	30	11

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	4.1T	5.1T	5.8T
Avg	3.8T	4.5T	5.4T
Low	3.4T	4.0T	4.8T

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	40.7%	35.5%	30.2%
Avg	30.2%	19.1%	19.5%
Low	18.3%	6.8%	6.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	66.16	84.44	100.11
Avg	61.22	73.43	87.90
Low	54.46	63.60	75.81

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	46.2%	37.9%	36.3%
Avg	35.3%	19.9%	19.7%
Low	20.4%	3.9%	3.2%

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.