Key Takeaways:
- Taiwan Semiconductor (TSM, Financial) contemplates adopting ASML Holding's advanced technology, weighing costs and current progress.
- Analysts project a potential 10.10% upside for TSM, with an average price target of $216.98 over the coming year.
- TSM receives an "Outperform" rating from brokers, indicating strong market confidence.
Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) is strategically evaluating the integration of ASML Holding's high numerical aperture equipment into its evolving chip production processes. This decision is not taken lightly, as the state-of-the-art machinery carries a hefty price tag of $400 million each. However, company officials emphasize the significant progress achieved with current technology, which may extend the timeline for adopting these expensive tools.
Wall Street Analysts Forecast
The one-year price targets offered by 17 Wall Street analysts reflect an average target price of $216.98 for Taiwan Semiconductor (TSM, Financial). This average target suggests an upside potential of 10.10% from the present stock price of $197.08. Projections include a high estimate of $265.34 and a low estimate of $119.37. For those seeking more in-depth analysis, detailed estimates can be explored on the Taiwan Semiconductor Manufacturing Co Ltd (TSM) Forecast page.
Moreover, the sentiment from 19 brokerage firms establishes Taiwan Semiconductor's average recommendation at 1.6, marking it with an "Outperform" status. The brokerage rating scale ranges from 1 (Strong Buy) to 5 (Sell), reinforcing positive market sentiment about TSM's future performance.
Leveraging GuruFocus metrics, the estimated GF Value for TSM suggests a fair value of $212.45 in the upcoming year, representing an upside of 7.8% from the current trading price of $197.075. The GF Value is derived from historical multiples alongside past business growth and future projections. Investors can access further data and insights on the Taiwan Semiconductor Manufacturing Co Ltd (TSM, Financial) Summary page.
