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Taiwan Semiconductor Manufacturing Company Limited — Wall Street Analyst Estimates & Price Targets

TSM
NYSETechnologySemiconductorsCIK 0001046179tsmc.comAbout TSM
Last close · Oct 30, 2026406.13−25.68 (−5.95%)

The analysts at a glance

close of Oct 30, 2026
$557.00median of 4 firms' latest targets, 37% above the last close of $406.13
$557$515$670last close $406
Firms with a target · last 90 days
4
Lowest – highest target
$515.00 – $670.00
Current grades of 8 firms: positive / neutral / negative
7 / 1 / 0
Upgrades / downgrades · 12 months
0 / 0
Consensus revenue growth · next 3 FY
+36% a year

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker
$300$400$500$600$700NovJan 2026MarMayJulSep2025-12-07 · UBS: $3302026-01-15 · Needham: $4102026-01-16 · Barclays: $4502026-02-12 · D.A. Davidson: $4502026-04-16 · Needham: $4802026-06-16 · Jefferies: $7002026-06-22 · Susquehanna: $5752026-06-29 · Barclays: $6252026-07-16 · Susquehanna: $6002026-07-17 · D.A. Davidson: $5002026-07-17 · Barclays: $6502026-07-27 · Needham: $5302026-08-11 · Bernstein: $5542026-09-01 · Stifel: $5152026-10-15 · Needham: $5602026-10-16 · Barclays: $670
$300$400$500$600$700NovFebMayAug

Each firm's latest target

last 90 days · 4 firms
DateFirmTargetPreviousChangeVs price thenVs price now
2026-10-16Barclays$670.00$650.00▲ 3%+59%+65%
2026-10-15Needham$560.00$530.00▲ 6%+30%+38%
2026-09-01Stifel$515.00——+24%+27%
2026-08-11Bernstein$554.00——+31%+36%

Current grades

each firm's latest · 8 firms
As ofFirmGrade
2026-10-16D.A. Davidson“Buy”
2026-10-16Barclays“Overweight”
2026-10-15Needham“Buy”
2026-08-11Bernstein“Outperform”
2026-07-17TD Cowen“Hold”
2026-07-16Susquehanna“Positive”
2026-06-24Bank of America“Buy”
2026-04-07Freedom Capital Markets“Buy”

Grade changes

last 24 months · 0
DateFirmGrade
None in the last 24 months.
27 older than 24 months
2023-04-24Erste Group“Hold” → “Buy” upgrade
2023-04-17Susquehanna“Neutral” → “Positive” upgrade
2022-11-18Erste Group“Hold” → “Buy” upgrade
2022-01-13Atlantic Equities“Neutral” → “Overweight” upgrade
2021-10-11TD Cowen“Market Perform” → “Perform” revised
2021-06-30Susquehanna“Negative” → “Neutral” upgrade
2021-01-12Bernstein“Market Perform” → “Outperform” upgrade
2020-07-24Macquarie“Neutral” → “Outperform” upgrade
2019-12-17China Renaissance“Hold” → “Buy” upgrade
2019-09-05Morgan Stanley“Equal Weight” → “Overweight” upgrade
2019-07-19CLSA“Underperform” → “Buy” upgrade
2018-11-16Morgan Stanley“Underweight” → “Equal Weight” upgrade
2018-07-02Susquehanna“Neutral” → “Positive” upgrade
2018-01-22Goldman Sachs“Neutral” → “Buy” upgrade
2017-11-27Morgan Stanley“Overweight” → “Equal Weight” downgrade
2016-10-14Pacific Crest“Underweight” → “Sector Weight” upgrade
2016-10-04Susquehanna“Negative” → “Neutral” upgrade
2016-07-12Nomura“Buy” → “Neutral” downgrade
2016-07-12J.P. Morgan“Overweight” → “Neutral” downgrade
2016-02-18Morgan Stanley“Equal Weight” → “Overweight” upgrade
2015-03-09Pacific Crest“Sector Perform” → “Underperform” downgrade
2015-01-08Credit Suisse“Buy” → “Neutral” downgrade
2014-12-08Bank of America“Neutral” → “Buy” upgrade
2013-04-14Morgan Stanley“Overweight” → “Equal Weight” downgrade
2013-02-21Bank of America“Underperform” → “Buy” upgrade
2012-12-06Credit Suisse“Neutral” → “Outperform” upgrade
2012-10-08Credit Suisse“Outperform” → “Neutral” downgrade

Consensus estimates

revenue and EPS by fiscal year · reported years marked
FYRevenueYoYEPSYoYRevenue rangeEPS rangeAnalysts
2022reported$2.3T+43%$198.60+74%est. $2.2T+2%est. $190.982
2023reported$2.2T-5%$159.65-20%est. $2.1T+2%est. $156.894
2024reported$2.9T+34%$230.80+45%est. $2.9T+0%est. $226.9718
2025reported$3.8T+32%$331.25+44%est. $3.8T+0%est. $323.3419
2026$5.5T+44%$546.90+69%$5.0T–$5.7T$419.06–$575.0923
2027$7.6T+38%$731.83+34%$6.5T–$8.3T$544.96–$807.8224
2028$9.5T+26%$928.42+27%$8.5T–$10.2T$801.04–$1,016.2511
2029$11.5T+21%$949.56+2%$10.3T–$12.4T$819.28–$1,039.3922
A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.