TSMC Stock Jumps 2.8% to $370.54 on Strong EPS, Revenue Outlook
TSMC shares closed at $370.54, up 2.82%, outperforming the S&P 500’s 0.69% gain and the Computer & Technology sector’s 3.66% loss over the past month. Analysts project Q1 EPS of $3.26 (up 53.8% y/y) on revenue of $35.29B (up 38.3% y/y) and full-year EPS of $14.14 (up 32.8% y/y).
1. Stock Performance
TSMC closed at $370.54, marking a 2.82% rise from the prior day and outpacing the S&P 500’s 0.69% gain. Over the past month, shares have climbed 10.09% while the Computer & Technology sector fell 3.66% and the S&P 500 declined 1%.
2. Near-term EPS and Revenue Projections
Analysts forecast Q1 EPS of $3.26, a 53.77% increase year-over-year, on sales of $35.29 billion, up 38.27% y/y. Full-year estimates call for EPS of $14.14 (up 32.77%) and revenue of $158.17 billion (up 29.2%).
3. Valuation and Analyst Rankings
The stock trades at a forward P/E of 25.5, matching the industry average, with a PEG ratio of 1.01 in line with peers. TSMC holds a #1 analyst ranking, reflecting recent upward revisions in earnings estimates.