TSMC forecast

**TSMC's stock price is poised for a bullish outlook**, as evidenced by the following analysis:

1. **Earnings Projection and Analyst Confidence**: TSMC is expected to announce earnings of $2.02 per share and revenue of $834.10 billion for the quarter on April 17, 2025. This estimate reflects a 46.4% increase in earnings per share compared to the previous year's quarter, indicating robust growth potential. Analysts maintain a "Strong Buy" consensus rating on TSMC, with an average price target of $240, suggesting significant upside from the current price.

2. **Market Sentiment and Price Forecast**: The stock's price is forecasted to trend upwards, with a mean forecast price of $148.54 for the earnings release date of April 17, 2025. This forecast price represents a potential maximum gain of 22.49% and a minimum gain of -18.96%, indicating a bullish trend with substantial upside potential.

3. **Company Performance and Strategic Moves**: TSMC has seen a 60% surge in profit due to increased demand for AI chips, with revenue jumping 42% to NT$839 billion. The company's investment in semiconductor manufacturing equipment and its monopoly market share in AI chip manufacturing are expected to drive continued growth. Additionally, TSMC's plan to invest $100 billion in semiconductor manufacturing plants in the U.S. could mitigate production risks and reduce vulnerability to potential tariffs.
4. **Technical Indicators**: The stock's 50-day and 200-day moving averages are $178.15 and $190.77, respectively, indicating a strong historical performance. The current price of $152.62 is below these averages, suggesting a potential for price appreciation as the stock rebounds.

|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|TSM|TSM.N|TSMC|20250417|152.64|169|

In conclusion, TSMC's strong earnings outlook, bullish analyst sentiment, and strategic positioning in the semiconductor industry make it a compelling investment opportunity. The company's growth drivers, including AI chip demand and potential tariff mitigation, provide a favorable risk-reward ratio, supporting a bullish forecast for TSMC's stock price.