Thermo Fisher Scientific Inc. (TMO)

NYSE: TMO · Real-Time Price · USD
532.55
-5.28 (-0.98%)
Feb 21, 2025, 4:00 PM EST - Market closed
-0.98%
Market Cap 203.70B
Revenue (ttm) 42.88B
Net Income (ttm) 6.34B
Shares Out 382.50M
EPS (ttm) 16.53
PE Ratio 32.22
Forward PE 22.83
Dividend $1.72 (0.32%)
Ex-Dividend Date Mar 14, 2025
Volume 1,613,764
Open 538.36
Previous Close 537.83
Day's Range 532.01 - 542.62
52-Week Range 493.30 - 627.88
Beta 0.78
Analysts Strong Buy
Price Target 656.65 (+23.3%)
Earnings Date Jan 30, 2025

About TMO

Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. The company’s Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases; and solutions include biosciences, genetic sciences, and bio production to pharmaceutical, biotechno... [Read more]

Sector Healthcare
Founded 1956
Employees 125,000
Stock Exchange NYSE
Ticker Symbol TMO
Full Company Profile

Financial Performance

In 2024, Thermo Fisher's revenue was $42.88 billion, an increase of 0.05% compared to the previous year's $42.86 billion. Earnings were $6.34 billion, an increase of 5.67%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for TMO stock is "Strong Buy." The 12-month stock price forecast is $656.65, which is an increase of 23.30% from the latest price.

Price Target
$656.65
(23.30% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Final Trades: Exxon Mobil, Thermo Fisher and Cheniere Energy

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: LNGXOM
1 day ago - CNBC Television

Thermo Fisher Scientific Increases Quarterly Dividend

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that its Board of Directors authorized a quarterly cash dividend of $0....

2 days ago - Business Wire

Thermo Fisher Scientific Elects New Director to Board

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE:TMO), the world leader in serving science, today announced Karen S. Lynch has been elected to its board of directors, effective Feb...

Other symbols: CVS
2 days ago - Business Wire

Thermo Fisher Scientific's New Spatial Imaging System Enables Researchers to Generate High-quality Data, Making it Easier to Enter the Field of Spatial Tissue Proteomics

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, today introduced the Invitrogen™ EVOS™ S1000 Spatial Imaging System. This advanced system addresses...

9 days ago - Business Wire

Laboratory Supplies Market Analysis 2022-2024 and Forecast 2025-2030, Featuring Profiles of Key Players - Th. Geyer, Thermo Fisher, Spectrum Chemical Manufacturing Corp., Ing.

Dublin, Feb. 12, 2025 (GLOBE NEWSWIRE) -- The "Laboratory Supplies Market - Forecasts from 2025 to 2030" report has been added to ResearchAndMarkets.com's offering. The global laboratory supplies mark...

9 days ago - GlobeNewsWire

Thermo Fisher Scientific Launches International CorEvitas Clinical Registry in Adolescent Alopecia Areata

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. announced the launch of the international CorEvitas Adolescent Alopecia Areata (AA) Registry.

16 days ago - Business Wire

Thermo Fisher Scientific Accelerates 100 Percent Renewable Electricity Goal for European Operations with New Solar Power Agreement with X-ELIO

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced a 10-year virtual power purchasing agreement (VPPA) with international ...

17 days ago - Business Wire

Thermo Fisher Scientific: Finally Ready For A Breakout? (Upgrade)

Thermo Fisher returned to growth in 4Q 2024 across all segments, and 2025 EPS growth is projected at 6.6% supported by margin expansion. Despite rich industry valuations, Thermo trades at a discount t...

21 days ago - Seeking Alpha

Thermo Fisher Stock Surges as Medical Device Maker's Results Top Estimates

Shares of Thermo Fisher Scientific (TMO) rose Thursday after the medical device maker's fourth-quarter results topped analysts' estimates.

22 days ago - Investopedia

Thermo Fisher Scientific Inc. (TMO) Q4 2024 Earnings Call Transcript

Thermo Fisher Scientific Inc. (NYSE:TMO) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Rafael Tejada - Vice President, Investor Relations Marc Casper - Chairman, P...

22 days ago - Seeking Alpha

Thermo Fisher beats quarterly estimates on strong demand for its tools and services

Thermo Fisher Scientific on Thursday beat Wall Street estimates for fourth-quarter profit and revenue, helped by improved demand for its products and services used in developing therapies.

22 days ago - Reuters

Thermo Fisher Scientific Reports Fourth Quarter and Full Year 2024 Results

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today reported its financial results for the fourth quarter and full year ended Decembe...

22 days ago - Business Wire

Biologicals Is The Future In Thermo Fisher: Buy Rating

Thermo Fisher Scientific is poised for growth in 2025, driven by aging demographics, higher healthcare spending, and demand for innovative biological medicines. TMO's diverse revenue streams, includin...

4 weeks ago - Seeking Alpha

Lyndra Therapeutics Announces Strategic Clinical Research and Commercial Manufacturing Services Collaboration with Thermo Fisher Scientific for Long-Acting Oral Therapies

WATERTOWN, Mass.--(BUSINESS WIRE)--Lyndra Therapeutics, a clinical-stage biopharmaceutical company pioneering long-acting oral therapies, today announced a strategic collaboration with Thermo Fisher S...

5 weeks ago - Business Wire

Final Trades: Reddit, Delta, Thermo Fisher and Eli Lilly

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: LLYRDDTDAL
5 weeks ago - CNBC Television

Thermo Fisher Scientific Inc. (TMO) 43rd Annual J.P. Morgan Healthcare Conference (Transcript)

Thermo Fisher Scientific Inc. (NYSE:TMO) 43rd Annual J.P. Morgan Healthcare Conference Call January 14, 2025 11:15 AM ET Company Participants Marc Casper - Chief Executive Officer Conference Call Par...

5 weeks ago - Seeking Alpha

Thermo Fisher Scientific's Olink Platform Selected for World's Largest Human Proteome Study

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced the UK Biobank Pharma Proteomics Project (UKB-PPP) has selected its Oli...

6 weeks ago - Business Wire

Thermo Fisher Scientific to Present at 43rd Annual J.P. Morgan Healthcare Conference on January 14, 2025

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, announced that Marc N. Casper, chairman, president and chief executive officer, will pr...

7 weeks ago - Business Wire

Thermo Fisher Scientific to Hold Earnings Conference Call on Thursday, January 30, 2025

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, announced that it will release its financial results for the fourth quarter and full ye...

7 weeks ago - Business Wire

Knipper Health Announces Transfer of Commercial Sample Management Business from Thermo Fisher Scientific

LAKEWOOD, N.J.--(BUSINESS WIRE)--Knipper Health, Inc., the largest supplier of end-to-end pharmaceutical healthcare marketing services and solutions in the U.S. serving the biopharmaceutical and medic...

2 months ago - Business Wire

Thermo Fisher: The Cycle Has Already Turned Around

Thermo Fisher's stock is now a "buy" due to signs of recovery, including positive sales growth and stabilized margins, despite recent bearish trends. The company's post-pandemic challenges are easing,...

2 months ago - Seeking Alpha

Thermo Fisher Scientific: Renewed Growth Momentum After The Pandemic

Thermo Fisher Scientific is well-positioned for growth due to its consistent revenue streams, strong M&A track record and minimal macroeconomic dependence. Despite a COVID-related revenue surge and su...

2 months ago - Seeking Alpha

Thermo Fisher: M&A And Innovation To Drive Sales Growth

The reduction in revenues due to the decline in COVID-19-related products and services is expected to diminish or disappear in 2025. Thermo Fisher has been growing by acquiring other companies. This s...

2 months ago - Seeking Alpha

Thermo Fisher Scientific Launches CTS Detachable Dynabeads CD4 and CTS Detachable Dynabeads CD8 to Enhance Cell Therapy Development and Production

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, today unveiled the Gibco™ CTS™ Detachable Dynabeads™ CD4 and CTS Detachable Dynabeads CD8 (CTS Deta...

2 months ago - Business Wire

Thermo Fisher Scientific Completes $1B Share Repurchase

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that it has completed the repurchase of $1 billion (1.9 million shares)...

2 months ago - Business Wire