Needham lifts target for Taiwan Semiconductor Manufacturing stock to USD 560.00

Published on 10/16/2026 at 15:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Value was USD 2.2 trillion October 16, 2026. Taiwan Semiconductor Manufacturing stock was EUR 368.00 October 16, 2026, 2.39 percent below Xetra close.

Analyst target and market position

Needham raised its TSMC target from USD 530.00 to USD 560.00 on October 15, 2026.
TSMC's market capitalization was USD 2.2 trillion on October 16, 2026.
Taiwan Semiconductor Manufacturing stock traded at EUR 368.00 at Lang & Schwarz on October 16, 2026 at 3:36 p.m. CEST, 2.39 percent below the Xetra close of October 15, 2026.
TSM traded at a price-to-earnings ratio of 24.63 on October 16, 2026.

TSM, US8740391003, Illustration mit AI erstellt.

Needham raised its price target for Taiwan Semiconductor Manufacturing from USD 530.00 to USD 560.00 in a research note dated October 15, 2026, maintaining a buy rating, according to MarketBeat. The new target stands 34.25 percent above the USD 417.13 home-market price. Taiwan Semiconductor Manufacturing stock was trading at EUR 368.00 at Lang & Schwarz on October 16, 2026 at 3:36 p.m. CEST, 2.39 percent below the Xetra close of October 15, 2026 at EUR 377.00.

Target leaves room above the price

The Needham target gives investors a dated benchmark rather than a forecast from this article. Its 34.25 percent distance from the home-market price is calculated from USD 560.00 and USD 417.13, keeping both figures in the same currency. The target change itself was USD 30.00, or 5.66 percent above Needham's earlier USD 530.00 level.

Stock sits below its yearly high

The Frankfurt-listed euro quotation stood between a 52-week low of EUR 231.50 and a 52-week high of EUR 434.50 on October 16, 2026. At EUR 368.00, the stock was 15.30 percent below that high and 58.96 percent above the low. The Lang & Schwarz bid was EUR 367.50 and the ask was EUR 368.50 at 3:36 p.m. CEST.

Valuation and peer prices

TSM carried a market capitalization of USD 2.2 trillion and a price-to-earnings ratio of 24.63 on October 16, 2026. Its dividend yield was 0.01 percent. The home-market quote was USD 417.13, down 1.21 percent from the prior close of USD 422.25 in the finance snapshot timestamped October 16, 2026.

Comparison with peers

TSM (NYSE, USD): minus 2.39 percent, P/E 24.63, market capitalization USD 2.2 trillion.

NVIDIA (NASDAQ, USD): minus 0.55 percent, P/E 27.35, market capitalization USD 5.2 trillion.

Advanced Micro Devices (NASDAQ, USD): minus 2.81 percent, P/E 140.55, market capitalization USD 892.0 billion.

Price remains the daily anchor

The euro quote places TSM below its Frankfurt close while the analyst target keeps the valuation discussion centered on future earnings power. For investors, the key contrast is the distance between the current USD 417.13 home-market price and the USD 560.00 Needham target.

Taiwan Semiconductor Manufacturing stock was trading at EUR 368.00 at Lang & Schwarz on October 16, 2026 at 3:36 p.m. CEST, 2.39 percent below the Xetra close of October 15, 2026 at EUR 377.00. The further course of trading is shown by the continuously updated real-time quote of Taiwan Semiconductor Manufacturing stock.