Macquarie TSMC · TSM

Macquarie Raises TSMC Price Target to NT$2,400

1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
NT$2,400
Macquarie and TSMC logos

What the analyst said

Macquarie analyst Arthur Lai raised the price target on Taiwan Semiconductor Manufacturing Co. Ltd.

(2330:TT) (NYSE: TSM) to NT$2,400.00 (from NT$2,150.00) while maintaining an Outperform rating.

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Track record

Firm track recordToo early to score Macquarie: price targets are 12-month calls and fewer than 5 of its targets are a year old. 6 of its 11 open targets have already been reached. How we score

Macquarie on TSMC

Macquarie price targets on TSMC

5 calls from January 16, 2026 to October 7, 2026. The target went from NT$2,400 to NT$4,410 (+84%). The rating stayed Buy.

Macquarie target
  1. October 7, 2026Target raised from NT$4,200 (+5%)BuyNT$4,410
  2. July 17, 2026Target raised from NT$3,380 (+24%)BuyNT$4,200
  3. June 22, 2026Target raised from NT$2,550 (+33%)BuyNT$3,380
  4. April 16, 2026Target raised from NT$2,400 (+6%)BuyNT$2,550
  5. January 16, 2026 This noteEarliest call shownBuyNT$2,400
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Other analysts on TSMC

DA DavidsonBuy Kept rating and price target Oct 16 $500maintained Nomura/InstinetBuy Raised price target, kept rating Oct 16 BarclaysBuy Raised price target +1%, kept rating Oct 16 $670from $665 StifelBuy Raised price target +1%, kept rating Oct 15 $520from $515 Lynx Equity Kept rating and price target Oct 15 NT$3,000maintained
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.