Taiwan Semiconductor Manufacturing Company (TSM) Stock Forecast, Price Target & Predictions
TSM Stock Forecast
Taiwan Semiconductor Manufacturing Company stock forecast is as follows: an average price target of $171.67 (represents a -12.01% downside from TSM’s last price of $195.11) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
TSM Price Target
The average price target for Taiwan Semiconductor Manufacturing Company (TSM) is $171.67 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $210.00 to $105.00. This represents a potential -12.01% downside from TSM's last price of $195.11.
TSM Analyst Ratings
According to 10 Wall Street analysts, Taiwan Semiconductor Manufacturing Company's rating consensus is 'Buy'. The analyst rating breakdown for TSM stock is 0 'Strong Buy' (0.00%), 9 'Buy' (90.00%), 1 'Hold' (10.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Taiwan Semiconductor Manufacturing Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 12, 2024 | Brian Chin | Stifel Nicolaus | $105.00 | $191.77 | -45.25% | -46.18% |
| Jul 19, 2024 | Charles Shi | Needham | $210.00 | $165.77 | 26.68% | 7.63% |
| Jun 20, 2024 | Mark Li | Bernstein | $200.00 | $179.69 | 11.30% | 2.51% |
| Jun 17, 2024 | Mehdi Hosseini | Susquehanna | $200.00 | $172.51 | 15.94% | 2.51% |
| Apr 10, 2024 | Charles Shi | Needham | $168.00 | $145.40 | 15.54% | -13.89% |
| Apr 02, 2024 | Mehdi Hosseini | Susquehanna | $180.00 | $141.49 | 27.22% | -7.74% |
| Jul 20, 2023 | Mehdi Hosseini | Susquehanna | $135.00 | $98.07 | 37.66% | -30.81% |
| Jun 01, 2023 | Charles Shi | Needham | $118.00 | $99.81 | 18.22% | -39.52% |
| Sep 14, 2022 | Charles Shi | Needham | $110.00 | $79.40 | 38.54% | -43.62% |
| Jul 25, 2022 | Mehdi Hosseini | Susquehanna | $88.00 | $86.30 | 1.97% | -54.90% |
| Jun 14, 2022 | Mehdi Hosseini | Susquehanna | $100.00 | $87.11 | 14.80% | -48.75% |
| Jan 16, 2022 | Krish Sankar | Cowen & Co. | $125.00 | $140.66 | -11.13% | -35.93% |
The latest Taiwan Semiconductor Manufacturing Company stock forecast, released on Nov 12, 2024 by Brian Chin from Stifel Nicolaus, set a price target of $105.00, which represents a -45.25% decrease from the stock price at the time of the forecast ($191.77), and a -46.18% decrease from TSM last price ($195.11).
Taiwan Semiconductor Manufacturing Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 6 |
| Avg Price Target | - | $105.00 | $177.17 |
| Last Closing Price | $195.11 | $195.11 | $195.11 |
| Upside/Downside | -100.00% | -46.18% | -9.19% |
In the current month, the average price target of Taiwan Semiconductor Manufacturing Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Taiwan Semiconductor Manufacturing Company's last price of $195.11. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 23, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 18, 2024 | Susquehanna | Buy | Buy | Hold |
| Oct 18, 2024 | Needham | Underperform | Underperform | Hold |
| Oct 17, 2024 | Needham | Buy | Buy | Hold |
| Jul 19, 2024 | Needham | Buy | Buy | Hold |
| Jul 11, 2024 | Susquehanna | Positive | Positive | Hold |
| Jun 20, 2024 | Susquehanna | Buy | Buy | Hold |
| Jun 20, 2024 | Needham | Underperform | Underperform | Hold |
| Jun 20, 2024 | Bernstein | Outperform | Outperform | Hold |
| Jun 17, 2024 | Susquehanna | Positive | Positive | Hold |
| Jun 05, 2024 | Barclays | Overweight | Overweight | Hold |
| May 22, 2024 | Needham | Buy | Buy | Hold |
| Apr 19, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Apr 18, 2024 | Needham | Buy | Buy | Hold |
| Apr 18, 2024 | Daiwa | Buy | Outperform | Downgrade |
| Apr 18, 2024 | Wedbush | Outperform | Outperform | Hold |
| Apr 03, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Apr 02, 2024 | Susquehanna | Positive | Positive | Hold |
| Apr 02, 2024 | Barclays | Overweight | Overweight | Hold |
| Jan 19, 2024 | Needham | Buy | Buy | Hold |
| Nov 16, 2023 | UBS | Buy | Buy | Hold |
| Jul 20, 2023 | Wedbush | Outperform | Outperform | Hold |
| Jul 20, 2023 | Needham | Buy | Buy | Hold |
| Jun 01, 2023 | Needham | Buy | Buy | Hold |
| Apr 20, 2023 | Needham | Buy | Buy | Hold |
| Apr 17, 2023 | Susquehanna | Neutral | Positive | Upgrade |
| Jan 10, 2023 | Barclays | Overweight | Overweight | Hold |
| Jan 09, 2023 | Needham | Buy | Buy | Hold |
| Oct 13, 2022 | Needham | Buy | Buy | Hold |
| Sep 14, 2022 | Needham | Buy | Buy | Hold |
| Sep 14, 2022 | Daiwa | Buy | Upgrade | |
| Jul 25, 2022 | Susquehanna | Neutral | Neutral | Hold |
| Apr 26, 2022 | Zacks Investment Research | Hold | Downgrade | |
| Feb 07, 2022 | Morgan Stanley | Overweight | Upgrade | |
| Jan 15, 2021 | Bernstein | Market Outperform | Upgrade |
Taiwan Semiconductor Manufacturing Company's last stock rating was published by Barclays on Oct 23, 2024. The company gave TSM a "Overweight" rating, the same as its previous rate.
Taiwan Semiconductor Manufacturing Company Financial Forecast
Taiwan Semiconductor Manufacturing Company Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $508.63B | $625.53B | $613.14B | $534.14B | $491.08B | $438.26B | $414.57B | $372.15B | $362.47B | $361.58B | $356.44B | $310.63B | $310.59B | $317.24B | $293.03B |
| Avg Forecast | $1.10T | $1.03T | $920.06B | $881.03B | $971.67B | $907.35B | $815.38B | $760.95B | $816.67B | $736.38B | $660.71B | $586.38B | $605.16B | $545.94B | $479.85B | $517.60B | $620.92B | $616.22B | $524.73B | $478.66B | $433.86B | $411.83B | $369.18B | $363.35B | $361.03B | $342.05B | $305.68B | $311.45B | $315.99B | $286.91B |
| High Forecast | $1.13T | $1.06T | $945.16B | $905.07B | $998.19B | $932.11B | $837.63B | $781.71B | $823.79B | $737.69B | $660.71B | $586.49B | $621.67B | $560.84B | $492.94B | $531.72B | $637.87B | $616.22B | $524.73B | $478.66B | $433.86B | $411.83B | $369.18B | $363.35B | $361.03B | $342.05B | $305.68B | $311.45B | $315.99B | $286.91B |
| Low Forecast | $1.08T | $1.00T | $897.35B | $859.29B | $947.69B | $884.96B | $795.26B | $742.17B | $807.07B | $735.08B | $660.71B | $586.28B | $590.23B | $532.47B | $468.01B | $504.83B | $605.60B | $616.22B | $524.73B | $478.66B | $433.86B | $411.83B | $369.18B | $363.35B | $361.03B | $342.05B | $305.68B | $311.45B | $315.99B | $286.91B |
| # Analysts | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 12 | 6 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 | 7 | 6 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.01% | 1.00% | 1.02% | 1.03% | 1.01% | 1.01% | 1.01% | 1.00% | 1.00% | 1.04% | 1.02% | 1.00% | 1.00% | 1.02% |
Taiwan Semiconductor Manufacturing Company's average Quarter revenue forecast for Jun 23 based on 1 analysts is $479.85B, with a low forecast of $468.01B, and a high forecast of $492.94B. TSM's average Quarter revenue forecast represents a -5.66% decrease compared to the company's last Quarter revenue of $508.63B (Mar 23).
Taiwan Semiconductor Manufacturing Company EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 12 | 6 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 | 7 | 6 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $356.58B | $-64.54B | $424.38B | $381.43B | $338.86B | $293.44B | $281.04B | $252.56B | $254.61B | $254.68B | $247.77B | $205.57B | $200.66B | $191.78B | $179.51B |
| Avg Forecast | $747.78B | $695.28B | $622.81B | $596.39B | $657.75B | $614.21B | $551.95B | $515.11B | $552.83B | $498.48B | $447.25B | $334.38B | $409.65B | $369.56B | $324.82B | $303.98B | $301.91B | $416.37B | $354.55B | $276.35B | $293.15B | $278.27B | $249.45B | $251.23B | $243.94B | $231.12B | $206.55B | $195.64B | $213.51B | $193.86B |
| High Forecast | $768.18B | $714.26B | $639.80B | $612.67B | $675.70B | $630.97B | $567.01B | $529.16B | $557.65B | $499.36B | $447.25B | $401.26B | $420.83B | $379.65B | $333.69B | $364.78B | $362.30B | $416.37B | $354.55B | $331.62B | $293.15B | $278.27B | $249.45B | $301.47B | $243.94B | $231.12B | $206.55B | $234.77B | $213.51B | $193.86B |
| Low Forecast | $729.32B | $678.13B | $607.44B | $581.67B | $641.52B | $599.05B | $538.33B | $502.39B | $546.33B | $497.59B | $447.25B | $267.51B | $399.54B | $360.44B | $316.81B | $243.19B | $241.53B | $416.37B | $354.55B | $221.08B | $293.15B | $278.27B | $249.45B | $200.98B | $243.94B | $231.12B | $206.55B | $156.52B | $213.51B | $193.86B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | -0.21% | 1.02% | 1.08% | 1.23% | 1.00% | 1.01% | 1.01% | 1.01% | 1.04% | 1.07% | 1.00% | 1.03% | 0.90% | 0.93% |
1 analysts predict TSM's average Quarter EBITDA for Jun 23 to be $324.82B, with a high of $333.69B and a low of $316.81B. This is -8.91% lower than Taiwan Semiconductor Manufacturing Company's previous annual EBITDA (Mar 23) of $356.58B.
Taiwan Semiconductor Manufacturing Company Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 12 | 6 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 | 7 | 6 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $206.99B | $233.63B | $280.87B | $237.03B | $202.73B | $166.37B | $156.26B | $134.36B | $139.69B | $142.77B | $137.31B | $120.82B | $116.99B | $116.03B | $101.07B |
| Avg Forecast | $472.42B | $434.53B | $379.67B | $359.77B | $419.10B | $387.53B | $336.23B | $310.87B | $350.72B | $293.11B | $237.69B | $181.97B | $220.82B | $192.90B | $172.83B | $165.43B | $181.25B | $271.50B | $221.70B | $150.39B | $160.99B | $149.31B | $134.54B | $136.72B | $136.39B | $126.43B | $109.52B | $113.78B | $114.52B | $97.30B |
| High Forecast | $489.18B | $449.95B | $393.14B | $372.53B | $433.97B | $401.28B | $348.16B | $321.90B | $362.09B | $293.67B | $237.72B | $218.37B | $228.88B | $199.74B | $178.96B | $198.52B | $217.50B | $271.50B | $221.70B | $180.47B | $160.99B | $149.31B | $134.54B | $164.06B | $136.39B | $126.43B | $109.52B | $136.54B | $114.52B | $97.30B |
| Low Forecast | $457.26B | $420.59B | $367.49B | $348.23B | $405.65B | $375.10B | $325.44B | $300.90B | $340.98B | $292.55B | $237.66B | $145.58B | $214.38B | $186.71B | $167.29B | $132.34B | $145.00B | $271.50B | $221.70B | $120.31B | $160.99B | $149.31B | $134.54B | $109.37B | $136.39B | $126.43B | $109.52B | $91.03B | $114.52B | $97.30B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.25% | 1.29% | 1.03% | 1.07% | 1.35% | 1.03% | 1.05% | 1.00% | 1.02% | 1.05% | 1.09% | 1.10% | 1.03% | 1.01% | 1.04% |
Taiwan Semiconductor Manufacturing Company's average Quarter net income forecast for Jun 23 is $172.83B, with a range of $167.29B to $178.96B. TSM's average Quarter net income forecast represents a -16.50% decrease compared to the company's last Quarter net income of $206.99B (Mar 23).
Taiwan Semiconductor Manufacturing Company SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 12 | 6 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 | 7 | 6 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.15B | $19.95B | $17.21B | $13.73B | $12.56B | $15.64B | $10.78B | $9.71B | $8.36B | $8.38B | $11.21B | $8.63B | $7.35B | $9.31B | $7.41B |
| Avg Forecast | $31.35B | $29.15B | $26.11B | $25.01B | $27.58B | $25.75B | $23.14B | $21.60B | $23.18B | $20.90B | $18.75B | $10.88B | $17.18B | $15.50B | $13.62B | $9.90B | $17.62B | $17.49B | $14.89B | $9.00B | $12.31B | $11.69B | $10.48B | $8.18B | $10.25B | $9.71B | $8.68B | $7.15B | $8.97B | $8.14B |
| High Forecast | $32.21B | $29.95B | $26.83B | $25.69B | $28.33B | $26.46B | $23.77B | $22.19B | $23.38B | $20.94B | $18.75B | $13.06B | $17.65B | $15.92B | $13.99B | $11.87B | $18.10B | $17.49B | $14.89B | $10.79B | $12.31B | $11.69B | $10.48B | $9.81B | $10.25B | $9.71B | $8.68B | $8.58B | $8.97B | $8.14B |
| Low Forecast | $30.58B | $28.43B | $25.47B | $24.39B | $26.90B | $25.12B | $22.57B | $21.07B | $22.91B | $20.86B | $18.75B | $8.71B | $16.75B | $15.11B | $13.28B | $7.92B | $17.19B | $17.49B | $14.89B | $7.20B | $12.31B | $11.69B | $10.48B | $6.54B | $10.25B | $9.71B | $8.68B | $5.72B | $8.97B | $8.14B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.63% | 1.13% | 0.98% | 0.92% | 1.40% | 1.27% | 0.92% | 0.93% | 1.02% | 0.82% | 1.15% | 0.99% | 1.03% | 1.04% | 0.91% |
Taiwan Semiconductor Manufacturing Company's average Quarter SG&A projection for Jun 23 is $13.62B, based on 1 Wall Street analysts, with a range of $13.28B to $13.99B. The forecast indicates a -15.68% fall compared to TSM last annual SG&A of $16.15B (Mar 23).
Taiwan Semiconductor Manufacturing Company EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 12 | 6 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 | 7 | 6 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $39.90 | $45.05 | $54.15 | $45.70 | $39.10 | $32.08 | $30.15 | $25.90 | $26.95 | $27.53 | $26.50 | $23.30 | $22.55 | $22.37 | $19.50 |
| Avg Forecast | $91.10 | $83.80 | $73.22 | $69.38 | $80.82 | $74.73 | $64.84 | $59.95 | $67.63 | $56.52 | $45.84 | $41.76 | $42.58 | $37.20 | $33.33 | $36.96 | $54.18 | $52.35 | $42.75 | $36.35 | $31.04 | $28.79 | $25.94 | $26.29 | $26.30 | $24.38 | $21.12 | $22.48 | $22.08 | $18.76 |
| High Forecast | $94.33 | $86.77 | $75.81 | $71.84 | $83.69 | $77.38 | $67.14 | $62.08 | $69.83 | $56.63 | $45.84 | $41.77 | $44.14 | $38.52 | $34.51 | $38.27 | $56.10 | $52.35 | $42.75 | $36.35 | $31.04 | $28.79 | $25.94 | $26.29 | $26.30 | $24.38 | $21.12 | $22.48 | $22.08 | $18.76 |
| Low Forecast | $88.18 | $81.11 | $70.87 | $67.15 | $78.23 | $72.34 | $62.76 | $58.03 | $65.76 | $56.42 | $45.83 | $41.75 | $41.34 | $36.01 | $32.26 | $35.77 | $52.44 | $52.35 | $42.75 | $36.35 | $31.04 | $28.79 | $25.94 | $26.29 | $26.30 | $24.38 | $21.12 | $22.48 | $22.08 | $18.76 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.83% | 1.03% | 1.07% | 1.08% | 1.03% | 1.05% | 1.00% | 1.03% | 1.05% | 1.09% | 1.10% | 1.00% | 1.01% | 1.04% |
According to 1 Wall Street analysts, Taiwan Semiconductor Manufacturing Company's projected average Quarter EPS for Jun 23 is $33.33, with a low estimate of $32.26 and a high estimate of $34.51. This represents a -16.47% decrease compared to TSM previous annual EPS of $39.90 (Mar 23).
Taiwan Semiconductor Manufacturing Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AMD | Advanced Micro Devices | $125.02 | $184.13 | 47.28% | Buy |
| NVDA | NVIDIA | $130.39 | $168.58 | 29.29% | Buy |
| MU | Micron | $108.60 | $138.18 | 27.24% | Buy |
| INTC | Intel | $20.44 | $23.07 | 12.87% | Hold |
| MRVL | Marvell | $112.25 | $103.14 | -8.12% | Buy |
| AVGO | Broadcom | $240.23 | $209.11 | -12.95% | Buy |
| TSM | Taiwan Semiconductor Manufacturing Company | $200.66 | $171.67 | -14.45% | Buy |