DA Davidson TSMC · TSM

DA Davidson Bumps TSMC Price Target to $500

1 min read Reproduced verbatim
Rating
Buy
Target
$500
from $450 (+11%)
Upside
+23%
TSM at $405 today
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What the analyst said

DA Davidson analyst Gil Luria raised the price target on Taiwan Semi (NYSE: TSM) to $500 (from $450) while maintaining a Buy rating.

“We reiterate our BUY rating and raise our price target to $500 on TSMC following strong 2Q26 earnings that were highlighted by a beat on top and bottomline expectations.

Advanced technologies accounted for 77% of wafer revenue, with management raising capital expenditures guidance by ~$6B to a range of $60-64B to meet continued demand for leading-edge process technologies and the emerging Agentic AI market.”

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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.

Where the price stands

TSM trades at $405. The 6 analysts who set a target in the last 3 months range from $500 to $1,000, with a median of $557. This $500 target is 10% below the median, the lowest on the Street.

Since the note TSM has moved −1% (from $410). 12-month window: day 108 of 365, closes on July 17, 2027.

Track record

This callOpen: TSM has not reached $500 yet. This 12-month target is scored on July 17, 2027.

Firm track recordDA Davidson: 82% of its 11 targets at least a year old were reached within 12 months. Accuracy ranking →

Earnings reactionOne of 5 notes after TSMC’s Jul 16 results: 4 raised · 0 cut · 0 kept. See every call →

DA Davidson on TSMC

DA Davidson price targets on TSMC

4 calls from February 12, 2026 to October 16, 2026. The target went from $450 to $500 (+11%). The rating stayed Buy.

DA Davidson targetTSM share price
  1. October 16, 2026Kept the $500 targetBuy$500
  2. July 17, 2026 This noteTarget raised from $450 (+11%)Buy$500
  3. April 17, 2026Kept the $450 targetBuy$450
  4. February 12, 2026Earliest call shownBuy$450
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Other analysts on TSMC

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 NeedhamBuy Raised price target +6%, kept rating Oct 15 $560from $530
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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.