Summary Points:
- Taiwan Semiconductor Manufacturing Company (TSM, Financial) beats EPS expectations, but revenue misses forecasts.
- Analysts suggest a significant upside potential with an "Outperform" recommendation.
- GuruFocus estimates a notable fair value increase for TSM within a year.
Taiwan Semiconductor Manufacturing Company (TSM) has recently reported a GAAP EPADR of $2.12, surpassing analyst expectations by $0.06. Despite this positive earnings surprise, the company’s revenue reached $25.53 billion, falling short of projections by $190 million. As the semiconductor industry faces challenges, TSMC upholds its position as a leader in the foundry market.
Wall Street Analysts' Insights and Price Targets
According to forecasts from 16 Wall Street analysts, Taiwan Semiconductor Manufacturing Co Ltd (TSM, Financial) has an average one-year price target of $226.74. Projections range from a high estimate of $271.55 to a low of $119.37, indicating a potential upside of 49.50% from its current trading price of $151.67. For further detailed estimates, investors can visit the Taiwan Semiconductor Manufacturing Co Ltd (TSM) Forecast page.
Analyst Recommendations and Ratings
The consensus from 18 brokerage firms classifies Taiwan Semiconductor Manufacturing Co Ltd's (TSM, Financial) average brokerage recommendation at 1.6, translating to an "Outperform" status. The rating scale used ranges from 1, indicating a Strong Buy, to 5, denoting a Sell.
GuruFocus Value Estimate
According to GuruFocus estimates, the calculated GF Value for Taiwan Semiconductor Manufacturing Co Ltd (TSM, Financial) in the upcoming year stands at $202.63. This suggests a potential upside of 33.6% from the current trading price of $151.67. The GF Value is an assessment of the fair value for the stock, determined through analysis of historical trading multiples, past business growth, and future performance projections. Interested investors can access more detailed data on the Taiwan Semiconductor Manufacturing Co Ltd (TSM) Summary page.
