Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, Taiwan Semiconductor Manufacturing Company Limited (TSM) has a Wall Street consensus price target of $408.00, based on estimates from 23 covering analysts. With the stock currently trading at $374.58, this represents a potential upside of +8.9%. The company has a market capitalization of $1.94T.
Analyst price targets range from a low of $330.00 to a high of $450.00, representing a 29% spread in expectations. The median target of $410.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 16 analysts rating the stock as a Buy or Strong Buy,7 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, TSM trades at a trailing P/E of 35.1x and forward P/E of 0.8x. The forward PEG ratio of 0.03 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +33.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $16345.61, with bear and bull scenarios of $7735.66 and $22939.06 respectively. Model confidence stands at 58/100, reflecting moderate uncertainty in projections.
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Start ComparisonThe consensus price target for TSM is $408, close to the current price of $374.58 (8.9% implied move). Based on 23 analyst estimates, the stock appears fairly valued near current levels.
TSM has a consensus rating of "Buy" based on 23 Wall Street analysts. The rating breakdown is predominantly bullish, with 16 Buy/Strong Buy ratings. The consensus 12-month price target of $408 implies 8.9% upside from current levels.
With a forward P/E of 0.842x, TSM trades at a relatively low valuation. The consensus target of $408 implies 8.9% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $450 for TSM, while the most conservative target is $330. The consensus of $408 represents the median expectation. Our quantitative valuation model projects a bull case target of $22939 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
TSM is well covered by analysts, with 23 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 16 have Buy ratings, 7 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month TSM stock forecast based on 23 Wall Street analysts shows a consensus price target of $408, with estimates ranging from $330 (bear case) to $450 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $16346, with bear/bull scenarios of $7736/$22939.
Our quantitative valuation model calculates TSM's fair value at $16346 (base case), with a bear case of $7736 and bull case of $22939. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 58/100.
TSM trades at a forward P/E ratio of 0.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 35.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
TSM appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $408 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
TSM analyst price targets range from $330 to $450, a 29% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $408 consensus represents the middle ground. Our model's $7736-$22939 range provides an independent fundamental perspective.