Taiwan Semiconductor Manufacturing (TSM) Stock Forecast, Price Target & Predictions
TSM Stock Forecast
Taiwan Semiconductor Manufacturing stock forecast is as follows: an average price target of $157.67 (represents a 3.95% upside from TSM’s last price of $151.68) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
TSM Price Target
The average price target for Taiwan Semiconductor Manufacturing (TSM) is $157.67 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $180.00 to $125.00. This represents a potential 3.95% upside from TSM's last price of $151.68.
TSM Analyst Ratings
According to 11 Wall Street analysts, Taiwan Semiconductor Manufacturing's rating consensus is 'Buy'. The analyst rating breakdown for TSM stock is 0 'Strong Buy' (0.00%), 10 'Buy' (90.91%), 1 'Hold' (9.09%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Taiwan Semiconductor Manufacturing Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 10, 2024 | Charles Shi | Needham | $168.00 | $145.40 | 15.54% | 10.76% |
| Apr 02, 2024 | Mehdi Hosseini | Susquehanna | $180.00 | $141.49 | 27.22% | 18.67% |
| Jul 20, 2023 | Mehdi Hosseini | Susquehanna | $135.00 | $98.07 | 37.66% | -11.00% |
| Jun 01, 2023 | Charles Shi | Needham | $118.00 | $99.81 | 18.22% | -22.20% |
| Sep 14, 2022 | Charles Shi | Needham | $110.00 | $79.40 | 38.54% | -27.48% |
| Jul 25, 2022 | Mehdi Hosseini | Susquehanna | $88.00 | $86.30 | 1.97% | -41.98% |
| Jun 14, 2022 | Mehdi Hosseini | Susquehanna | $100.00 | $87.11 | 14.80% | -34.07% |
| Jan 16, 2022 | Krish Sankar | Cowen & Co. | $125.00 | $140.66 | -11.13% | -17.59% |
The latest Taiwan Semiconductor Manufacturing stock forecast, released on Apr 10, 2024 by Charles Shi from Needham, set a price target of $168.00, which represents a 15.54% increase from the stock price at the time of the forecast ($145.40), and a 10.76% increase from TSM last price ($151.68).
Taiwan Semiconductor Manufacturing Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $174.00 | $150.25 |
| Last Closing Price | $151.68 | $151.68 | $151.68 |
| Upside/Downside | -100.00% | 14.72% | -0.94% |
In the current month, the average price target of Taiwan Semiconductor Manufacturing 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's last price of $151.68. 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 |
|---|---|---|---|---|
| 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 | Needham | Buy | Buy | Hold |
Taiwan Semiconductor Manufacturing's last stock rating was published by Goldman Sachs on Apr 19, 2024. The company gave TSM a "Buy" rating, the same as its previous rate.
Taiwan Semiconductor Manufacturing Financial Forecast
Taiwan Semiconductor Manufacturing 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 | $1.01T | $956.26B | $853.81B | $797.95B | $877.87B | $819.74B | $735.99B | $699.21B | $742.65B | $691.19B | $636.76B | $586.17B | $605.16B | $545.94B | $479.85B | $517.60B | $620.92B | $616.22B | $524.73B | $16.73B | $15.69B | $14.81B | $13.23B | $12.78B | $12.85B | $11.84B | $10.39B | $10.31B | $10.50B | $9.25B |
| High Forecast | $1.03T | $967.14B | $863.52B | $807.03B | $887.85B | $829.06B | $744.37B | $707.16B | $751.10B | $699.05B | $644.01B | $592.84B | $612.05B | $552.15B | $485.31B | $523.49B | $627.99B | $623.23B | $530.70B | $17.12B | $16.04B | $15.15B | $13.53B | $13.07B | $13.14B | $12.11B | $10.63B | $10.55B | $10.74B | $9.46B |
| Low Forecast | $999.80B | $943.21B | $842.15B | $787.06B | $865.88B | $808.54B | $725.94B | $689.66B | $732.51B | $681.75B | $628.07B | $578.17B | $596.90B | $538.49B | $473.30B | $510.53B | $612.45B | $607.81B | $517.56B | $16.55B | $15.51B | $14.64B | $13.08B | $12.63B | $12.71B | $11.71B | $10.27B | $10.20B | $10.38B | $9.15B |
| # Analysts | 2 | 1 | 1 | 2 | - | - | - | - | 1 | 3 | 3 | 3 | 3 | 1 | 1 | 2 | - | - | - | - | 1 | 2 | 14 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.01% | 1.00% | 1.02% | 29.34% | 27.94% | 27.99% | 28.13% | 28.37% | 28.13% | 30.10% | 29.89% | 30.12% | 30.21% | 31.67% |
Taiwan Semiconductor Manufacturing's average Quarter revenue forecast for Jun 23 based on 1 analysts is $479.85B, with a low forecast of $473.30B, and a high forecast of $485.31B. 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 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 | 2 | 1 | 1 | 2 | - | - | - | - | 1 | 3 | 3 | 3 | 3 | 1 | 1 | 2 | - | - | - | - | 1 | 2 | 14 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| 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 | $684.90B | $646.13B | $576.90B | $539.16B | $593.16B | $553.88B | $497.30B | $472.45B | $501.80B | $467.03B | $430.25B | $334.38B | $332.10B | $331.46B | $293.76B | $303.98B | $301.91B | $301.33B | $267.05B | $11.31B | $10.60B | $10.01B | $8.94B | $8.63B | $8.68B | $8.00B | $7.02B | $6.97B | $7.10B | $6.25B |
| High Forecast | $692.69B | $653.48B | $583.47B | $545.30B | $599.91B | $560.19B | $502.96B | $477.82B | $507.50B | $472.34B | $435.15B | $401.26B | $398.53B | $397.75B | $352.51B | $364.78B | $362.30B | $361.59B | $320.46B | $11.57B | $10.84B | $10.24B | $9.14B | $8.83B | $8.88B | $8.18B | $7.18B | $7.13B | $7.26B | $6.40B |
| Low Forecast | $675.55B | $637.31B | $569.03B | $531.80B | $585.06B | $546.32B | $490.51B | $466.00B | $494.94B | $460.65B | $424.38B | $267.51B | $265.68B | $265.17B | $235.01B | $243.19B | $241.53B | $241.06B | $213.64B | $11.18B | $10.48B | $9.89B | $8.84B | $8.54B | $8.59B | $7.91B | $6.94B | $6.89B | $7.02B | $6.18B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | -0.21% | 1.41% | 1.43% | 29.97% | 27.69% | 28.08% | 28.25% | 29.49% | 29.33% | 30.97% | 29.28% | 28.80% | 27.03% | 28.71% |
1 analysts predict TSM's average Quarter EBITDA for Jun 23 to be $293.76B, with a high of $352.51B and a low of $235.01B. This is -17.62% lower than Taiwan Semiconductor Manufacturing's previous annual EBITDA (Mar 23) of $356.58B.
Taiwan Semiconductor Manufacturing 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 | 2 | 1 | 1 | 2 | - | - | - | - | 1 | 3 | 3 | 3 | 3 | 1 | 1 | 2 | - | - | - | - | 1 | 2 | 14 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| 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 | $402.70B | $371.77B | $319.63B | $286.31B | $352.16B | $327.08B | $279.11B | $261.13B | $282.08B | $260.66B | $226.66B | $181.97B | $199.38B | $183.67B | $158.65B | $165.43B | $181.25B | $166.97B | $144.23B | $150.39B | $164.77B | $151.79B | $131.12B | $136.72B | $132.77B | $114.13B | $119.25B | $113.78B | $116.03B | $102.67B |
| High Forecast | $408.65B | $377.27B | $324.36B | $290.55B | $357.37B | $331.92B | $283.24B | $264.99B | $286.25B | $264.51B | $228.35B | $218.37B | $239.25B | $220.40B | $190.39B | $198.52B | $217.50B | $200.37B | $173.08B | $180.47B | $197.73B | $182.15B | $157.34B | $164.06B | $159.32B | $136.95B | $143.10B | $136.54B | $139.24B | $123.21B |
| Low Forecast | $395.55B | $365.17B | $313.96B | $281.23B | $345.91B | $321.28B | $274.15B | $256.50B | $277.07B | $256.03B | $224.97B | $145.58B | $159.50B | $146.94B | $126.92B | $132.34B | $145.00B | $133.58B | $115.39B | $120.31B | $131.82B | $121.44B | $104.90B | $109.37B | $106.22B | $91.30B | $95.40B | $91.03B | $92.83B | $82.14B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.25% | 1.29% | 1.68% | 1.64% | 1.35% | 1.01% | 1.03% | 1.02% | 1.02% | 1.08% | 1.20% | 1.01% | 1.03% | 1.00% | 0.98% |
Taiwan Semiconductor Manufacturing's average Quarter net income forecast for Jun 23 is $158.65B, with a range of $126.92B to $190.39B. TSM's average Quarter net income forecast represents a -23.35% decrease compared to the company's last Quarter net income of $206.99B (Mar 23).
Taiwan Semiconductor Manufacturing 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 | 2 | 1 | 1 | 2 | - | - | - | - | 1 | 3 | 3 | 3 | 3 | 1 | 1 | 2 | - | - | - | - | 1 | 2 | 14 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| 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 | $28.77B | $27.14B | $24.23B | $22.65B | $24.92B | $23.27B | $20.89B | $19.85B | $21.08B | $19.62B | $18.07B | $10.88B | $17.18B | $12.67B | $11.22B | $9.90B | $17.62B | $11.52B | $10.20B | $9.00B | $445.21M | $10.48B | $9.27B | $8.18B | $8.20B | $9.32B | $8.52B | $7.15B | $9.31B | $7.52B |
| High Forecast | $29.10B | $27.45B | $24.51B | $22.91B | $25.20B | $23.53B | $21.13B | $20.07B | $21.32B | $19.84B | $18.28B | $13.06B | $17.37B | $15.21B | $13.47B | $11.87B | $17.82B | $13.83B | $12.24B | $10.79B | $455.34M | $12.57B | $11.13B | $9.81B | $9.85B | $11.18B | $10.22B | $8.58B | $11.17B | $9.03B |
| Low Forecast | $28.38B | $26.77B | $23.90B | $22.34B | $24.58B | $22.95B | $20.60B | $19.58B | $20.79B | $19.35B | $17.83B | $8.71B | $16.94B | $10.14B | $8.98B | $7.92B | $17.38B | $9.22B | $8.16B | $7.20B | $440.18M | $8.38B | $7.42B | $6.54B | $6.56B | $7.45B | $6.81B | $5.72B | $7.45B | $6.02B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.63% | 1.13% | 1.49% | 1.35% | 1.40% | 35.13% | 1.03% | 1.05% | 1.02% | 1.02% | 1.20% | 1.01% | 1.03% | 1.00% | 0.98% |
Taiwan Semiconductor Manufacturing's average Quarter SG&A projection for Jun 23 is $11.22B, based on 1 Wall Street analysts, with a range of $8.98B to $13.47B. The forecast indicates a -30.53% fall compared to TSM last annual SG&A of $16.15B (Mar 23).
Taiwan Semiconductor Manufacturing 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 | 2 | 1 | 1 | 2 | - | - | - | - | 1 | 3 | 3 | 3 | 3 | 1 | 1 | 2 | - | - | - | - | 1 | 2 | 14 | 9 | 11 | 16 | 9 | 11 | 8 | 8 |
| 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 | $77.65 | $71.69 | $61.63 | $55.21 | $67.91 | $63.07 | $53.82 | $50.35 | $54.39 | $50.26 | $43.71 | $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 | $22.43 | $22.43 | $18.72 |
| High Forecast | $78.80 | $72.75 | $62.54 | $56.03 | $68.91 | $64.00 | $54.62 | $51.10 | $55.20 | $51.01 | $44.03 | $42.39 | $44.14 | $37.75 | $33.82 | $37.51 | $54.98 | $53.12 | $43.38 | $37.42 | $31.96 | $29.64 | $26.71 | $27.07 | $27.08 | $25.10 | $21.74 | $23.10 | $23.10 | $19.27 |
| Low Forecast | $76.27 | $70.42 | $60.54 | $54.23 | $66.70 | $61.95 | $52.86 | $49.46 | $53.43 | $49.37 | $43.38 | $41.42 | $41.34 | $36.54 | $32.74 | $36.30 | $53.21 | $51.42 | $41.99 | $35.81 | $30.59 | $28.37 | $25.56 | $25.91 | $25.91 | $24.02 | $20.81 | $22.10 | $22.10 | $18.44 |
| 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% | 1.01% | 1.00% | 1.04% |
According to 1 Wall Street analysts, Taiwan Semiconductor Manufacturing's projected average Quarter EPS for Jun 23 is $33.33, with a low estimate of $32.74 and a high estimate of $33.82. This represents a -16.47% decrease compared to TSM previous annual EPS of $39.90 (Mar 23).
Taiwan Semiconductor Manufacturing Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| INTC | Intel | $31.83 | $40.88 | 28.43% | Hold |
| MRVL | Marvell | $71.92 | $80.00 | 11.23% | Buy |
| TSM | Taiwan Semiconductor Manufacturing | $151.68 | $157.67 | 3.95% | Buy |
| AMD | Advanced Micro Devices | $164.47 | $160.66 | -2.32% | Buy |
| MU | Micron | $125.29 | $111.79 | -10.78% | Buy |
| AVGO | Broadcom | $1.40K | $1.09K | -21.59% | Buy |
| NVDA | NVIDIA | $924.79 | $699.32 | -24.38% | Buy |
TSM Forecast FAQ
Is Taiwan Semiconductor Manufacturing a good buy?
Yes, according to 11 Wall Street analysts, Taiwan Semiconductor Manufacturing (TSM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 90.91% of TSM's total ratings.
What is TSM's price target?
Taiwan Semiconductor Manufacturing (TSM) average price target is $157.67 with a range of $125 to $180, implying a 3.95% from its last price of $151.68. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Taiwan Semiconductor Manufacturing stock go up soon?
According to Wall Street analysts' prediction for TSM stock, the company can go up by 3.95% (from the last price of $151.68 to the average price target of $157.67), up by 18.67% based on the highest stock price target, and down by -17.59% based on the lowest stock price target.
Can Taiwan Semiconductor Manufacturing stock reach $200?
TSM's average twelve months analyst stock price target of $157.67 does not support the claim that Taiwan Semiconductor Manufacturing can reach $200 in the near future.
What are Taiwan Semiconductor Manufacturing's analysts' financial forecasts?
Taiwan Semiconductor Manufacturing's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.13T (high $3.17T, low $3.09T), average EBITDA is $2.12T (high $2.14T, low $2.09T), average net income is $1.22T (high $1.24T, low $1.2T), average SG&A $88.92B (high $89.93B, low $87.71B), and average EPS is $235.15 (high $238.63, low $230.98). TSM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.62T (high $3.66T, low $3.57T), average EBITDA is $2.45T (high $2.47T, low $2.41T), average net income is $1.38T (high $1.4T, low $1.36T), average SG&A $102.8B (high $103.97B, low $101.39B), and average EPS is $266.18 (high $270.12, low $261.46).
Did the TSM's actual financial results beat the analysts' financial forecasts?
Based on Taiwan Semiconductor Manufacturing's last annual report (Dec 2022), the company's revenue was $2.26T, beating the average analysts forecast of $1.78T by 27.28%. Apple's EBITDA was $1.59T, beating the average prediction of $881.6B by 80.33%. The company's net income was $1.02T, beating the average estimation of $642.85B by 58.13%. Apple's SG&A was $63.45B, beating the average forecast of $48.34B by 31.24%. Lastly, the company's EPS was $196.01, beating the average prediction of $185.62 by 5.60%. In terms of the last quarterly report (Mar 2023), Taiwan Semiconductor Manufacturing's revenue was $508.63B, missing the average analysts' forecast of $517.6B by -1.73%. The company's EBITDA was $356.58B, beating the average prediction of $303.98B by 17.30%. Taiwan Semiconductor Manufacturing's net income was $206.99B, beating the average estimation of $165.43B by 25.12%. The company's SG&A was $16.15B, beating the average forecast of $9.9B by 63.24%. Lastly, the company's EPS was $39.9, beating the average prediction of $36.96 by 7.95%