Nomura/Instinet TSMC · TSM

Nomura/Instinet Raises TSMC Price Target to NT$3,745

October 16, 2026 Analyst: Aaron Jeng 1 min read Reproduced verbatim
Rating
Buy
Target
NT$3,745
from NT$3,615 (+4%)
Nomura/Instinet and TSMC logos

What the analyst said

Nomura/Instinet analyst Aaron Jeng raised the price target on Taiwan Semiconductor Manufacturing Co. Ltd.

(2330:TT) (NYSE: TSM) to NT$3,745 (from NT$3,615) while maintaining a Buy 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 Nomura/Instinet: price targets are 12-month calls and fewer than 3 of its targets are a year old. 1 of its 1 open targets have already been reached. How we score

Earnings reactionOne of 6 notes after TSMC’s Oct 15 results: 4 of 6 raised targets. See every call →

Nomura/Instinet on TSMC

Nomura/Instinet price targets on TSMC

6 calls from January 16, 2026 to October 16, 2026. The target went from NT$2,280 to NT$3,745 (+64%). The rating stayed Buy.

Nomura/Instinet target
  1. October 16, 2026 This noteTarget raised from NT$3,615 (+4%)BuyNT$3,745
  2. October 8, 2026Target raised from NT$3,425 (+6%)BuyNT$3,615
  3. June 30, 2026Target raised from NT$2,820 (+21%)BuyNT$3,425
  4. April 17, 2026Target raised from NT$2,735 (+3%)BuyNT$2,820
  5. April 10, 2026Target raised from NT$2,280 (+20%)BuyNT$2,735
  6. January 16, 2026Earliest call shownBuyNT$2,280
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Other analysts on TSMC

DA DavidsonBuy Kept rating and price target · Oct 16 $500maintained 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.