Barclays raises target for TSMC stock to USD 670

Published on 10/26/2026 at 15:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fourth-quarter revenue guide is USD 52.30-54.30 billion. TSMC stock costs EUR 376.50 on October 26, 2026, up 2.87 percent versus Xetra close.

Barclays target raised

Barclays lifted its TSMC target from USD 665.00 to USD 670.00 on October 16, 2026.
Fourth-quarter revenue guidance is USD 52.30 billion to USD 54.30 billion.
TSMC stock costs EUR 376.50 at Lang & Schwarz on October 26, 2026 at 3:37 p.m. CEST, 2.87 percent above the Xetra close.
Yahoo Finance lists an estimated earnings date of January 14, 2027.

TSM, US8740391003, Illustration mit AI erstellt.

Barclays raised its price target for Taiwan Semiconductor Manufacturing from USD 665.00 to USD 670.00 on October 16, 2026, according to Yahoo Finance. TSMC stock was trading at EUR 376.50 at Lang & Schwarz on October 26, 2026 at 3:37 p.m. CEST, up 2.87 percent versus the Xetra close of October 23, 2026 at EUR 366.00.

Target points to a wide gap

The Barclays target stands 60.74 percent above TSMC's USD 416.90 pre-market quote on October 26, 2026 at 7:03 a.m. EDT. The comparison uses the NYSE-listed share price and keeps the analyst view separate from the euro quotation in Germany.

Bank of America had already raised its target from USD 590.00 to USD 620.00 on October 12, 2026, according to Markets Insider. The firm cited demand for high-performance computing chips and the mobile processor pipeline while noting that new fabrication capacity could pressure margins.

Revenue guidance sets the next test

TSMC guided fourth-quarter 2026 revenue to USD 52.30 billion to USD 54.30 billion and operating margin to 56.50 percent to 58.50 percent. In its October 15 earnings call, the company reported third-quarter revenue of USD 46.70 billion, up 16.20 percent sequentially, while gross margin was 66.40 percent, according to The Motley Fool.

The same call put advanced technologies at 79.00 percent of wafer revenue in the third quarter, with high-performance computing accounting for 68.00 percent of revenue. The figures show why analyst targets are moving higher, while the projected margin range signals the cost of ramping 2-nanometer production and overseas fabs.

Valuation and reporting date

TSMC's market capitalization was USD 2.2 trillion on October 23, 2026, with a trailing P/E ratio of 27.12. Its 52-week range was USD 266.82 to USD 487.47 on that date, leaving the NYSE quote below the high by 14.48 percent.

Yahoo Finance lists an estimated next earnings date of January 14, 2027. The company is also targeting full-year 2026 capital spending of USD 60.00 billion to USD 64.00 billion, as stated in the October 15 call.

Price and investor context

For investors in Germany, the euro move is the immediate market signal, while the analyst targets provide a separate valuation reference in U.S. dollars. The 2.87 percent gain is below the 3.00 percent threshold for a price-led headline, so the latest target revision remains the central market fact.

Trading levels remain central

TSMC stock was trading at EUR 376.50 at Lang & Schwarz on October 26, 2026 at 3:37 p.m. CEST, 2.87 percent above the Xetra close of October 23, 2026 at EUR 366.00. The U.S. share was quoted at USD 416.90 before the NYSE open on October 26, 2026.

The further course of trading is shown by the continuously updated real-time quote of TSMC stock.