Latest call
12-month cases · our estimates
Last $412.61
Bear $366.00Bull $618.00
Base $504.00
Upside to base: +22.1% · Downside to bear: -11.3%
Every call · newest first
- Oct 19, 2026Long-term+0.0%
- Entry
- $412.61
- Bear / base / bull
- $366.00 / $504.00 / $618.00
- Conviction
- High
- Status
- Open · last $412.61
- Source
- Read the issue →
Quality compounder on sale. Q3 revenue rose 50.9% year over year with a 66.4% gross margin, and Q4 guidance ($52.3-54.3B) points higher. Yet the shares are down about 15% from the $487.47 high in the AI sell-off.
Sources: prices are closing prices from exchange market data (as of 2026-10-16) · Filings: SEC EDGAR (TSM) · calls from the letter’s recommendation log. Result = exit (or last close) vs. entry close. Disclaimer & methodology.