- Taiwan Semiconductor Manufacturing Co Ltd (TSM, Financial) is expanding in Europe, with a new chip design center in Munich by 2025.
- Analysts predict an average price target of $216.98 for TSM, indicating a potential 13.02% upside.
- TSM holds an "Outperform" status based on consensus from 19 brokerage firms.
Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) is setting its sights on further European growth by establishing a cutting-edge chip design center in Munich, Germany, expected by the third quarter of 2025. This strategic move aims to cater to high-performance applications across automotive and industrial sectors, in line with TSMC's broader European expansion, which also includes a new microchip facility in Dresden.
Wall Street Analysts Forecast
According to one-year price targets from 17 analysts, Taiwan Semiconductor Manufacturing Co. Ltd. (TSM, Financial) has an average target price of $216.98. The forecasts range from a low estimate of $119.37 to a high estimate of $265.34. This average target implies a promising upside of 13.02% from the current stock price of $191.98. For more comprehensive estimate data, visit the Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) Forecast page.
Analyst Recommendations
The consensus recommendation from 19 brokerage firms places Taiwan Semiconductor Manufacturing Co. Ltd. (TSM, Financial) at an average rating of 1.6, signifying an "Outperform" status. The recommendation scale ranges from 1 (Strong Buy) to 5 (Sell), reinforcing the favorable outlook for TSM among industry experts.
GuruFocus Valuation Estimates
GuruFocus estimates the GF Value for Taiwan Semiconductor Manufacturing Co. Ltd. (TSM, Financial) to reach $222.27 within a year. This estimate suggests a potential upside of 15.78% from the current stock price of $191.98. The GF Value reflects the stock's fair market value, derived from historical trading multiples, previous business growth, and projected future performance. Additional insights and detailed data are available on the Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) Summary page.
