Here's when TSMC stock could hit $200

Group 1 - TSMC has experienced significant revenue growth of 60% year-over-year in April 2023, reaching approximately $7.2 billion [1] - TSMC's stock has risen nearly 70% on the NYSE and about 60% in the Taiwanese stock market over the last 52 weeks, raising questions about its potential to reach $200 per share [1] - The average 12-month price target for TSMC is currently $162.64, which is 13.90% above the current price, with a maximum estimate of $183 from Goldman Sachs [2][4] Group 2 - Despite the positive momentum, analysts suggest that TSMC may not reach the $200 price point before the end of 2024, although significant surges are possible in the technology sector [4] - Following the release of April's revenue figures, TSMC shares rose 3.11% in extended trading, indicating strong market reaction [5] - TSMC shares have increased by 40.64% since the beginning of 2024, recovering from a recent monthly decline [6]