The 24/7 Wall St. price target for Taiwan Semiconductor Manufacturing (TSM) is $530.67 over the next 12 months, with a Buy rating and 90% confidence. Shares are up 41.79% year to date but 12.3% below their 52-week high of $487.47. Management raised its full-year 2026 growth outlook to approximately 44% in U.S. dollar terms, from close to 30%, after several upgrades. TSMC reported $46.72 billion in revenue in its October 15 report, up 41.2% year over year, with fourth-quarter guidance of $52.3 billion to $54.3 billion. The article flags gross margin falling 1.3 percentage points to 66.4%, dilution from overseas fabs, and cross-strait tensions as risks, with its bull and bear scenarios reaching $551.68 and $442.84.
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