Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
523.09
-0.96 (-0.18%)
Dec 23, 2024, 12:54 PM EST - Market open
Thermo Fisher Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Thermo Fisher stock have an average target of 648.32, with a low estimate of 605 and a high estimate of 718. The average target predicts an increase of 23.94% from the current stock price of 523.09.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Thermo Fisher stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 8 | 7 |
| Buy | 7 | 8 | 8 | 9 | 9 | 8 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 20 | 20 | 21 | 21 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Initiates $605 | Hold | Initiates | $605 | +15.66% | Dec 23, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $675 → $660 | Strong Buy | Maintains | $675 → $660 | +26.17% | Dec 13, 2024 |
| Bernstein | Bernstein | Hold Maintains $625 → $620 | Hold | Maintains | $625 → $620 | +18.53% | Oct 24, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $767 → $718 | Buy | Maintains | $767 → $718 | +37.26% | Oct 24, 2024 |
| Stifel | Stifel | Strong Buy Maintains $680 → $665 | Strong Buy | Maintains | $680 → $665 | +27.13% | Oct 24, 2024 |
Financial Forecast
Revenue This Year
43.22B
from 42.86B
Increased by 0.85%
Revenue Next Year
45.45B
from 43.22B
Increased by 5.15%
EPS This Year
21.92
from 15.45
Increased by 41.87%
EPS Next Year
23.66
from 21.92
Increased by 7.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 45.2B | 47.9B | 52.7B | ||
| Avg | 43.2B | 45.4B | 48.7B | ||
| Low | 41.7B | 43.2B | 46.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.4% | 10.8% | 16.0% | ||
| Avg | 0.8% | 5.2% | 7.2% | ||
| Low | -2.7% | -0.1% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.98 | 25.62 | 28.59 | ||
| Avg | 21.92 | 23.66 | 26.36 | ||
| Low | 20.91 | 21.88 | 24.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.7% | 16.9% | 20.9% | ||
| Avg | 41.9% | 7.9% | 11.4% | ||
| Low | 35.4% | -0.2% | 2.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.