The potential price targets for TSM (Taiwan Semiconductor Manufacturing Co.) in the near future are as follows:
- Analyst Average Price Target: The current analyst average price target for TSM is $23712. This target is based on the average of current price targets set by analysts for the company.
- Needham Price Target: Needham, a financial services firm, has raised its price target for TSM to $270 from $22545. This increase is due to TSM's strong AI-driven growth prospects through 2027.
- Goldman Sachs Price Target: Goldman Sachs has raised its price target for TSMC to NT$1,210, which is equivalent to approximately $42.68 USD47. This increase is citing increased demand for advanced chip packaging technologies and a positive outlook on CoWoS expansion.
- Consensus Rating: The consensus rating for TSM is "Strong Buy" with a majority of analysts holding this rating35. This indicates that the analysts believe the stock has potential for further price appreciation.
In summary, the potential price targets for TSM in the near future range from $237 to $270, with some analysts setting targets as high as $42.68 USD. The "Strong Buy" consensus rating also suggests that the stock has room for growth.