Taiwan Semiconductor Manufacturing Company Limited (TSM)
NYSE: TSM · IEX Real-Time Price · USD
152.23
-3.35 (-2.15%)
At close: May 16, 2024, 4:00 PM
152.20
-0.03 (-0.02%)
After-hours: May 16, 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 162, with a low estimate of 150 and a high estimate of 180. The average target predicts an increase of 6.42% from the current stock price of 152.23.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 2 | 2 | 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 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $145 → $150 | Buy | Maintains | $145 → $150 | -1.46% | Apr 19, 2024 |
| Needham | Needham | Strong Buy Reiterates $168 | Strong Buy | Reiterates | $168 | +10.36% | Apr 18, 2024 |
| Needham | Needham | Strong Buy Maintains $133 → $168 | Strong Buy | Maintains | $133 → $168 | +10.36% | Apr 10, 2024 |
| Barclays | Barclays | Buy Maintains $125 → $145 | Buy | Maintains | $125 → $145 | -4.75% | Apr 2, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $160 → $180 | Buy | Maintains | $160 → $180 | +18.24% | Apr 2, 2024 |
Financial Forecast
Revenue This Year
2,723.06B
from 2,161.74B
Increased by 25.97%
Revenue Next Year
3,251.06B
from 2,723.06B
Increased by 19.39%
EPS This Year
196.12
from 164.25
Increased by 19.40%
EPS Next Year
242.94
from 196.12
Increased by 23.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.9T | 3.6T | 3.9T | 3.9T | 4.2T |
| Avg | 2.7T | 3.3T | 3.3T | 3.8T | 4.1T |
| Low | 2.5T | 2.8T | 1.8T | 3.6T | 3.9T |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.4% | 31.2% | 20.8% | 19.0% | 11.5% |
| Avg | 26.0% | 19.4% | 1.0% | 15.6% | 8.3% |
| Low | 17.8% | 1.2% | -44.5% | 11.0% | 4.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 213.73 | 283.34 | 323.16 | 284.01 | 327.29 |
| Avg | 196.12 | 242.94 | 279.70 | 275.89 | 317.94 |
| Low | 176.74 | 196.34 | 227.85 | 265.07 | 305.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.1% | 44.5% | 33.0% | 1.5% | 18.6% |
| Avg | 19.4% | 23.9% | 15.1% | -1.4% | 15.2% |
| Low | 7.6% | 0.1% | -6.2% | -5.2% | 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.