Key Takeaways:
- The U.S. is intensifying its control over technology transfers affecting major semiconductor firms like TSM.
- TSM's stock has a favorable growth outlook, with analysts projecting a 5.94% upside.
- TSM is rated "Outperform" by brokerage firms, with a GF Value estimate reflecting stable potential growth.
The United States is taking decisive steps to revoke waivers that currently allow semiconductor giants, such as Taiwan Semiconductor Manufacturing (TSM, Financial), to export American chip-making equipment to China without needing individual licenses. This strategic move aims to tighten the reins on technology transfer, potentially influencing TSM's operations within the Chinese market.
Wall Street Analysts' Forecasts
According to price target assessments from 17 seasoned analysts, Taiwan Semiconductor Manufacturing Co Ltd (TSM, Financial) is projected to have an average target price of $222.69. This projection comes with a high estimate of $265.34 and a low estimate of $119.37. The predicted average target signals a 5.94% increase from its current trading price of $210.21. For more comprehensive estimate insights, you can visit the Taiwan Semiconductor Manufacturing Co Ltd (TSM) Forecast page.
With consensus from 19 brokerage firms, the average brokerage recommendation for TSM registers at 1.6, denoting an "Outperform" status. This recommendation scale spans from 1 to 5, where a rating of 1 reflects a Strong Buy suggestion, while 5 indicates a Sell position.
Based on GuruFocus estimates, Taiwan Semiconductor Manufacturing Co Ltd (TSM, Financial) holds an estimated GF Value of $216.74 in a year’s time, implying a 3.11% upside from its current market price of $210.205. GF Value represents GuruFocus' assessment of the fair market value TSM should ideally trade at, calculated through historical stock multiples, past business growth trajectories, and predictions of future business performance. For more detailed financial insights, reference the Taiwan Semiconductor Manufacturing Co Ltd (TSM) Summary page.
