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 $168.00 (represents a -11.43% downside from TSM’s last price of $189.67) 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 $168.00 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 -11.43% downside from TSM's last price of $189.67.
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% | -44.64% |
| Jul 19, 2024 | Charles Shi | Needham | $210.00 | $165.77 | 26.68% | 10.72% |
| Jun 20, 2024 | Mark Li | Bernstein | $200.00 | $179.69 | 11.30% | 5.45% |
| Jun 17, 2024 | Mehdi Hosseini | Susquehanna | $200.00 | $172.51 | 15.94% | 5.45% |
| Apr 10, 2024 | Charles Shi | Needham | $168.00 | $145.40 | 15.54% | -11.43% |
| Apr 02, 2024 | Mehdi Hosseini | Susquehanna | $180.00 | $141.49 | 27.22% | -5.10% |
| Jul 20, 2023 | Mehdi Hosseini | Susquehanna | $135.00 | $98.07 | 37.66% | -28.82% |
| Jun 01, 2023 | Charles Shi | Needham | $118.00 | $99.81 | 18.22% | -37.79% |
| Sep 14, 2022 | Charles Shi | Needham | $110.00 | $79.40 | 38.54% | -42.00% |
| Jul 25, 2022 | Mehdi Hosseini | Susquehanna | $88.00 | $86.30 | 1.97% | -53.60% |
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 -44.64% decrease from TSM last price ($189.67).
Taiwan Semiconductor Manufacturing Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 6 |
| Avg Price Target | $105.00 | $105.00 | $177.17 |
| Last Closing Price | $189.67 | $189.67 | $189.67 |
| Upside/Downside | -44.64% | -44.64% | -6.59% |
In the current month, the average price target of Taiwan Semiconductor Manufacturing Company stock is $105.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -44.64% decrease as opposed to Taiwan Semiconductor Manufacturing Company's last price of $189.67. This month's average price target is down 0.00% compared to last quarter, and down -40.73% 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 |
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 | $1.11T | $1.03T | $922.76B | $883.05B | $974.45B | $904.26B | $812.69B | $760.43B | $815.80B | $736.38B | $660.71B | $586.17B | $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 | $1.14T | $1.06T | $948.68B | $907.85B | $1.00T | $929.66B | $835.52B | $781.79B | $831.51B | $737.69B | $660.71B | $586.17B | $622.16B | $561.28B | $493.33B | $532.14B | $638.36B | $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 | $1.06T | $981.89B | $879.55B | $841.69B | $928.81B | $861.91B | $774.63B | $724.82B | $788.14B | $735.08B | $660.71B | $586.17B | $576.82B | $520.37B | $457.38B | $493.36B | $591.84B | $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 $457.38B, and a high forecast of $493.33B. 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 | $749.95B | $697.32B | $624.64B | $597.76B | $659.63B | $612.12B | $550.13B | $514.76B | $552.23B | $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 | $771.02B | $716.91B | $642.19B | $614.55B | $678.16B | $629.31B | $565.58B | $529.22B | $562.87B | $499.36B | $447.25B | $401.26B | $421.16B | $379.94B | $333.95B | $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 | $714.83B | $664.67B | $595.39B | $569.76B | $628.74B | $583.45B | $524.37B | $490.65B | $533.51B | $497.59B | $447.25B | $267.51B | $390.46B | $352.25B | $309.61B | $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 $333.95B and a low of $309.61B. 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 | $473.81B | $435.82B | $380.84B | $360.62B | $420.16B | $385.44B | $334.69B | $310.02B | $350.14B | $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 | $491.11B | $451.74B | $394.74B | $373.78B | $435.50B | $399.51B | $346.92B | $321.34B | $368.57B | $293.67B | $237.72B | $218.37B | $228.88B | $199.95B | $179.14B | $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 | $444.96B | $409.29B | $357.65B | $338.66B | $394.58B | $361.97B | $314.32B | $291.14B | $319.98B | $292.55B | $237.66B | $145.58B | $214.38B | $181.16B | $162.31B | $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 $162.31B to $179.14B. 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 | $31.45B | $29.24B | $26.19B | $25.06B | $27.66B | $25.67B | $23.07B | $21.58B | $23.16B | $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 | $32.33B | $30.06B | $26.93B | $25.77B | $28.44B | $26.39B | $23.72B | $22.19B | $23.60B | $20.94B | $18.75B | $13.06B | $17.66B | $15.93B | $14.00B | $11.87B | $18.12B | $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 | $29.97B | $27.87B | $24.96B | $23.89B | $26.36B | $24.46B | $21.99B | $20.57B | $22.37B | $20.86B | $18.75B | $8.71B | $16.37B | $14.77B | $12.98B | $7.92B | $16.80B | $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 $12.98B to $14.00B. 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 | $91.37 | $84.04 | $73.44 | $69.54 | $81.02 | $74.33 | $64.54 | $59.78 | $67.52 | $56.52 | $45.84 | $41.74 | $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 | $94.71 | $87.11 | $76.12 | $72.08 | $83.98 | $77.04 | $66.90 | $61.97 | $71.08 | $56.63 | $45.84 | $41.74 | $44.14 | $38.56 | $34.55 | $38.31 | $56.15 | $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 | $85.81 | $78.93 | $68.97 | $65.31 | $76.09 | $69.80 | $60.61 | $56.14 | $61.71 | $56.42 | $45.83 | $41.74 | $41.34 | $34.93 | $31.30 | $34.71 | $50.88 | $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 $31.30 and a high estimate of $34.55. 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 |
|---|---|---|---|---|---|
| INTC | Intel | $24.20 | $35.38 | 46.20% | Hold |
| MU | Micron | $97.73 | $136.50 | 39.67% | Buy |
| AMD | Advanced Micro Devices | $139.39 | $176.11 | 26.34% | Buy |
| AVGO | Broadcom | $165.35 | $169.81 | 2.70% | Buy |
| MRVL | Marvell | $89.34 | $87.03 | -2.59% | Buy |
| TSM | Taiwan Semiconductor Manufacturing Company | $189.67 | $168.00 | -11.43% | Buy |
| NVDA | NVIDIA | $147.01 | $130.20 | -11.43% | Buy |