DDA Davidson TTSMC · TSM
DA Davidson Bumps TSMC Price Target to $500
Rating
Buy
Price target
$500
Previous
$450
Implied upside
+22%
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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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.
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