TSMC Stock Targets Rise to $590, Bear Case at $330 for 2026; Shares Close at $430.30

According to Bank of America and Susquehanna, TSMC stock price targets for 2026 range from a $590 bull case to a roughly $330 bear case, with shares closing at $430.30 on June 26, 2026 (Stock Analysis). BofA lifted its target to $590 with a Buy rating; Susquehanna raised its to $575 on June 22, citing AI pricing power and the N2 node transition. The base case sits near $470–$500.

TSMC raised its 2026 revenue-growth guidance to above 30% in U.S. dollar terms on "extremely robust" AI demand (South China Morning Post). High-performance computing, which includes AI accelerators, made up 61% of first-quarter 2026 revenue, and Q1 net profit rose 58% year-on-year as demand outpaced supply. The 2026 capital-expenditure guidance stands at a record $52bn–$56bn (TrendForce).