Taiwan Semiconductor Manufacturing (TSM) Stock Forecast & Price Target

$184.94 -5.14 (-2.70%)

(As of 08:15 PM ET)

Taiwan Semiconductor Manufacturing - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 5 Analyst Ratings

Sell
0

Hold
1

Buy
4

Based on 5 Wall Street analysts who have issued ratings for Taiwan Semiconductor Manufacturing in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 1 has given a hold rating, and 4 have given a buy rating for TSM.

Consensus Price Target

$214.00
15.71% Upside

According to the 5 analysts' twelve-month price targets for Taiwan Semiconductor Manufacturing, the average price target is $214.00. The highest price target for TSM is $250.00, while the lowest price target for TSM is $170.00. The average price target represents a forecasted upside of 15.71% from the current price of $184.94.

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TSM Analyst Ratings Over Time

Type	Current Forecast 11/26/23 to 11/25/24	1 Month Ago 10/27/23 to 10/26/24	3 Months Ago 8/28/23 to 8/27/24	1 Year Ago 11/26/22 to 11/26/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$214.00	$209.00	$200.00	$116.67
Forecasted Upside	15.71% Upside	2.73% Upside	17.25% Upside	19.25% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy

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TSM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TSM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Taiwan Semiconductor Manufacturing Stock vs. The Competition

Type	Taiwan Semiconductor Manufacturing	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.80	2.67	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	12.58% Upside	527.67% Upside	7.66% Upside
News Sentiment Rating	Positive News See Recent TSM News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
11/18/2024	Barclays 3 of 5 stars	Boost Target	Overweight ➝ Overweight	$215.00 ➝ $240.00	+28.54%
10/18/2024	Susquehanna 2 of 5 stars	Reiterated Rating	Buy ➝ Buy
10/17/2024	Needham & Company LLC 3 of 5 stars	Reiterated Rating	Buy ➝ Buy	$210.00 ➝ $210.00	+12.01%
7/18/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold	$130.00 ➝ $170.00	-1.09%
6/20/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$150.00 ➝ $200.00	+11.30%
3/29/2023	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform
Get the Latest News and Ratings for TSM and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and its competitors with MarketBeat's FREE daily newsletter.

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 02:30 PM ET.

Should I Buy Taiwan Semiconductor Manufacturing Stock? TSM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, November 21, 2024. Please send any questions or comments about these Taiwan Semiconductor Manufacturing pros and cons to contact@marketbeat.com.

Taiwan Semiconductor Manufacturing
Bull Case

Here are some ways that investors could benefit from investing in Taiwan Semiconductor Manufacturing:

The company recently reported earnings per share (EPS) of $1.94, exceeding analysts' expectations of $1.74, indicating strong financial performance and effective management.
With a current stock price of $189.49, Taiwan Semiconductor Manufacturing has shown a 1.1% increase recently, reflecting positive market sentiment and potential for further growth.
The company has a robust market capitalization of approximately $982.77 billion, which signifies its strong position in the semiconductor industry and ability to invest in future technologies.
Analysts have a consensus price target of $214.00, suggesting that there is room for price appreciation, making it an attractive investment opportunity.
The recent increase in the quarterly dividend to $0.5484, up from $0.49, demonstrates the company's commitment to returning value to shareholders, with a dividend yield of 1.16%.

Taiwan Semiconductor Manufacturing
Bear Case

Investors should be bearish about investing in Taiwan Semiconductor Manufacturing for these reasons:

Despite the positive earnings report, the stock has faced downgrades from some analysts, including a recent downgrade to a "hold" rating, which may indicate caution among investors.
The company has a relatively high price-to-earnings (P/E) ratio of 30.29, which could suggest that the stock is overvalued compared to its earnings, potentially limiting future price growth.
Market volatility, as indicated by a beta of 1.12, suggests that the stock may experience larger price fluctuations compared to the overall market, which could pose risks for investors.
With a debt-to-equity ratio of 0.24, while relatively low, any increase in debt levels could impact financial stability and investor confidence in the long term.
Recent trading volumes have been below average, which may indicate reduced investor interest or liquidity issues, potentially affecting the stock's performance.

TSM Forecast - Frequently Asked Questions

: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Taiwan Semiconductor Manufacturing is $214.00, with a high forecast of $250.00 and a low forecast of $170.00.
: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Taiwan Semiconductor Manufacturing in the last twelve months. There is currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TSM shares.
: According to analysts, Taiwan Semiconductor Manufacturing's stock has a predicted upside of 15.71% based on their 12-month stock forecasts.
: Taiwan Semiconductor Manufacturing has been rated by research analysts at Barclays, Needham & Company LLC, and Susquehanna in the past 90 days.
: Analysts like Taiwan Semiconductor Manufacturing more than other "computer and technology" companies. The consensus rating score for Taiwan Semiconductor Manufacturing is 2.80 while the average consensus rating score for "computer and technology" companies is 2.67. Learn more on how TSM compares to other companies.

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This page (NYSE:TSM) was last updated on 11/25/2024 by MarketBeat.com Staff

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Taiwan Semiconductor Manufacturing (TSM) Stock Forecast & Price Target