Here Is What Analysts Are Saying About Taiwan Semiconductor Manufacturing Company (TSM)

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is among the 14 Best Big Name Stocks to Invest in Right Now. On October 10, Susquehanna lifted the stock’s price target to $400 from $300, while maintaining a Positive rating for its shares.

Here Is What Analysts Are Saying About Taiwan Semiconductor Manufacturing Company Limited (TSM)

The adjustment came ahead of the company’s Q3 2025 earnings results on October 16, in which the analyst anticipates a beat and raise from the semiconductor foundry. According to TheFly, Susquehanna sees a strong year ahead for TSM, given that its Q4 FY25 and Q1 FY26 tracking is ahead of consensus and seasonal trends.

In other related news, on October 9, Barclays analyst Simon Coles also raised their price target for Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to $330 from $325, and kept an Overweight rating on its shares.

In his analysis, Coles noted recent events that have driven European semicap stocks on track towards highs last witnessed in Q2 2024. However, the analyst added that further upside will likely depend on additional chip factory fabrication (fab) project announcements.

Overall, Wall Street analysts maintain an optimistic outlook for the stock, with a consensus Buy rating and an average share price upside potential of 4% as of the close on October 14. The stock has had robust returns in 2025 so far, returning 48% YTD.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is a semiconductor design and manufacturing foundry based in Taiwan.

While we acknowledge the risk and potential of TSM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TSM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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