Thermo Fisher Scientific Inc. (TMO)

Thermo Fisher Stock Forecast

Stock Price Forecast

The 17 analysts that cover Thermo Fisher stock have a consensus rating of "Buy" and an average price target of $591.35, which forecasts a 39.03% increase in the stock price over the next year. The lowest target is $450 and the highest is $680.

Price Target: $591.35 (+39.03%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$450	$591.35	$620	$680
Change	+5.80%	+39.03%	+45.77%	+59.87%

Analyst Ratings

The average analyst rating for Thermo Fisher stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	8	8	7	7	5	4
Buy	8	8	8	8	8	9
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	20	19	19	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sung Ji Nam Scotiabank	Scotiabank	Hold → Buy Upgrades $590	Hold → Buy	Upgrades	$590	+38.71%	Jul 11, 2025
Dan Leonard UBS	UBS	Strong Buy → Hold Downgrades $500 → $460	Strong Buy → Hold	Downgrades	$500 → $460	+8.15%	Jul 9, 2025
Vijay Kumar Evercore ISI Group	Evercore ISI Group	Buy Maintains $500 → $480	Buy	Maintains	$500 → $480	+12.85%	Jul 8, 2025
Luke Sergott Barclays	Barclays	Hold Maintains $475 → $450	Hold	Maintains	$475 → $450	+5.80%	Jun 24, 2025
David Toung Argus Research	Argus Research	Strong Buy Maintains $620 → $470	Strong Buy	Maintains	$620 → $470	+10.50%	Apr 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

44.15B

Increased by 2.96%

from 42.88B

Revenue Next Year

46.81B

Increased by 6.01%

from 44.15B

EPS This Year

22.56

Increased by 36.45%

from 16.53

EPS Next Year

24.91

Increased by 10.45%

from 22.56

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	32.22B	39.21B	44.92B	42.86B	42.88B	44.15B	46.81B	49.98B
Revenue Growth	26.14%	21.71%	14.55%	-4.58%	0.05%	2.96%	6.01%	6.79%
EPS	15.96	19.46	17.63	15.45	16.53	22.56	24.91	27.85
EPS Growth	74.05%	21.93%	-9.40%	-12.37%	6.99%	36.45%	10.45%	11.80%
Forward PE	-	-	-	-	-	18.86	17.07	15.27
No. Analysts	-	-	-	-	-	33	33	24

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	46.3B	50.4B	55.0B
Avg	44.2B	46.8B	50.0B
Low	42.5B	44.1B	46.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	8.0%	14.2%	17.4%
Avg	3.0%	6.0%	6.8%
Low	-0.9%	-0.1%	-0.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	23.84	27.30	30.18
Avg	22.56	24.91	27.85
Low	21.56	22.56	25.21

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	44.2%	21.0%	21.1%
Avg	36.5%	10.5%	11.8%
Low	30.4%	0.0%	1.2%

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.