Taiwan Semiconductor Manufacturing Company Limited (TSM) Stock Forecast
TSM analyst forecast
as of October 18, 2026- Analyst consensus
- Strong buy 4.62 / 5 from 21 analysts
- Price target
- $584.39 average of analyst targets
- Upside to target
- +41.6% from the latest close
- Next earnings
- —
- 52-week range
- $275.06 – $485.80
TSM analyst ratings
21 analystsNumber of analysts at each rating.
TSM price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
TSM earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $4.52 | $4.26 | $4.85 | $2.92 | +54.9% | 9 |
| Next quarter (Mar '27) | $5.19 | $4.95 | $5.40 | $3.49 | +48.8% | 10 |
| Current fiscal year (2026) | $17.50 | $17.18 | $17.95 | $10.65 | +64.4% | 11 |
| Next fiscal year (2027) | $23.39 | $21.45 | $25.87 | $17.50 | +33.6% | 13 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
TSM revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.46T | $1.42T | $1.50T | +47.5% | 28 |
| Next quarter (Mar '27) | $1.73T | $1.62T | $1.86T | +52.2% | 21 |
| Current fiscal year (2026) | $5.56T | $5.16T | $5.73T | +46.0% | 41 |
| Next fiscal year (2027) | $7.65T | $6.88T | $8.53T | +37.5% | 41 |
TSM EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
TSM revenue: reported and forecast
TSM EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $4.26 | $4.46 | $4.46 | $4.46 | $4.52 | +6.2% | 2 up · 0 down |
| Next quarter (Mar '27) | $4.89 | $4.96 | $4.97 | $5.01 | $5.19 | +6.2% | 2 up · 0 down |
| Current fiscal year (2026) | $17.04 | $16.89 | $16.93 | $16.95 | $17.50 | +2.7% | 3 up · 0 down |
| Next fiscal year (2027) | $21.23 | $21.77 | $21.92 | $22.04 | $23.39 | +10.2% | 3 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
TSM earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; TSM beat in 12 of 12.
What analysts expect from TSM
21 analysts cover Taiwan Semiconductor Manufacturing; their consensus rating is strong buy (4.62 on a 1–5 scale, where 5 is a strong buy). The average price target is $584.39, 41.6% above the latest close of $412.61. Analysts expect earnings of $17.50 per share for 2026, +64.4% from a year earlier. For 2027 the average estimate is $23.39 per share on revenue of $7.65 trillion. Taiwan Semiconductor Manufacturing beat the EPS estimate in 12 of the last 12 quarters.
Related: TSM income statement, TSM key metrics, TSM chart. See the TSM stock overview for the latest quote and news.
TSM forecast FAQ
What is Taiwan Semiconductor Manufacturing's price target?
The average analyst price target for Taiwan Semiconductor Manufacturing is $584.39, 41.6% above the latest close of $412.61.
Is Taiwan Semiconductor Manufacturing a buy, hold or sell?
Of 21 analysts covering Taiwan Semiconductor Manufacturing, 14 rate it a strong buy, 6 a buy, 1 a hold, 0 a sell and 0 a strong sell, a consensus of strong buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Taiwan Semiconductor Manufacturing's EPS forecast?
Analysts forecast $17.50 per share for 2026 (range $17.18 to $17.95); for 2027 the estimate is $23.39.
What is Taiwan Semiconductor Manufacturing's revenue forecast?
The average revenue estimate for 2026 is $5.56 trillion, growth of 46.0%; for 2027 it is $7.65 trillion.
Does Taiwan Semiconductor Manufacturing usually beat earnings estimates?
Taiwan Semiconductor Manufacturing reported EPS at or above the analyst estimate in 12 of the last 12 quarters.