TSMC is up 8% year-to-date, analysts are intensively raising target prices
Show original
By:格隆汇
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Glonghui, January 7th|Analysts are raising their price targets for TSMC, highlighting the market's continued bullish sentiment after its historic rally. Since the beginning of the year, at least six brokerage firms have raised their forecasts for TSMC's Taiwan-listed shares. JPMorgan raised its price target by 24% to NT$2,100 in a report on Wednesday, citing expectations of strong revenue growth and improved profitability. TSMC's stock price has risen 8% so far in 2026, after more than doubling over the previous three years amid relentless investor enthusiasm, driving the benchmark Taiwan stock index to repeated new highs. TSMC accounts for nearly 45% of the index's weighting. JPMorgan analyst Gokul Hariharan wrote in the report that, driven by expanding demand for the company’s most advanced process technologies and improved pricing, “We expect 2026 to be another year of strong growth for TSMC, with potential for further margin expansion.”
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Archer Aviation Inc. Stock Drops 2.6% to $5.26, Tests Key Support
Cryptonomist•2026/09/20 12:27

NEAR Protocol Surges 8% as $70M TVL Milestone Sets Up Airdrop
Cryptonewsland•2026/09/20 10:09

Stellar activates Protocol 28, XLM price climbs 4% to $0.1985
Cointurk•2026/09/20 09:33
Cathie Wood, Michael Saylor defend Bitcoin after Calacanis calls it outdated
Cointurk•2026/09/20 08:45

Crypto prices
MoreBitcoin
BTC
$80,556.17
-0.89%
Ethereum
ETH
$2,584.88
-2.02%
Tether USDt
USDT
$0.9997
-0.00%
BNB
BNB
$752.57
-2.55%
XRP
XRP
$1.38
-4.27%
USDC
USDC
$1.0000
+0.01%
Solana
SOL
$108.42
-2.94%
TRON
TRX
$0.3426
+1.34%
Zcash
ZEC
$1,455.66
-4.94%
Hyperliquid
HYPE
$91.24
-1.15%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now