Susquehanna raised the firm’s price target on TSMC (TSM) to $400 from $300 and keeps a Positive rating on the shares. The firm said they expect a beat and raise when it reports quarterly results on October 16 before the open and With 4Q25 and 1Q26 tracking ahead of consensus and seasonal trends, the company is poised for another exceptionally strong year.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSM:
- AMD Stock Slips as CEO Lisa Su Confirms Instinct MI450 Details
- Nvidia Stock Rises as Huang Says “Demand for Blackwell Is Really, Really High” and Calls It the Start of a “New Industrial Revolution”
- ‘Time to Exit,’ Top HSBC Analyst Downgrades Intel Stock (INTC) Ahead of Q3
- TSMC reports September revenue NT$330.98B, up 31% y/y
- ASML price target raised to $935 from $743 at Bernstein