Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
673.82
-2.72 (-0.40%)
Oct 23, 2026, 4:00 PM EDT - Market closed

Thermo Fisher Stock Forecast

Stock Price Forecast

According to 28 analysts polled by S&P Global, Thermo Fisher stock has a consensus rating of "Strong Buy" and an average price target of $690.62. The average 1-year stock price forecast is 2.49% higher than the current stock price, while the lowest is $560 (-16.89%) and the highest is $800 (+18.73%).

Price Target: $690.62 (+2.49%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$560$690.62$721.5$800
Change-16.89%+2.49%+7.08%+18.73%

Analyst Ratings

The average analyst rating for Thermo Fisher stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy191819191920
Buy553344
Hold366543
Sell000111
Strong Sell000000
Total272928282828

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
$760 → $820
BuyMaintains$760 → $820+21.69%Oct 23, 2026
Citi
Citi
Buy
Maintains
$685 → $800
BuyMaintains$685 → $800+18.73%Oct 23, 2026
DZ BANK AG
DZ BANK AG
Hold
Downgrades
$630 → $650
HoldDowngrades$630 → $650-3.54%Oct 23, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$795
BuyReiterates$795+17.98%Oct 22, 2026
UBS
UBS
Buy
Reiterates
$800
BuyReiterates$800+18.73%Oct 22, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
47.89B
from 44.56B
Increased by 7.47%
Revenue Next Year
50.36B
from 47.89B
Increased by 5.17%
EPS This Year
25.15
from 22.87
Increased by 9.95%
EPS Next Year
27.58
from 25.15
Increased by 9.70%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
39.21B44.92B42.86B42.88B44.56B47.89B
Revenue Growth
21.71%14.55%-4.58%0.05%3.91%7.47%
Gross Profit
19.64B18.97B17.10B17.75B18.30B19.99B
Gross Margin
50.08%42.24%39.90%41.39%41.08%41.75%
Operating Income
10.37B8.56B7.32B7.73B8.36B11.24B
Net Income
7.73B6.95B6.00B6.34B6.70B7.47B
EPS
----22.8725.15
EPS Growth
----4.62%9.95%
Forward PE
32.5525.0024.6522.8724.0526.80
Dividend / Share
1.041.201.401.561.721.86
Dividend Growth
18.18%15.38%16.67%11.43%10.26%7.91%
Free Cash Flow
----6.29B7.25B
No. Analysts
-----26
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High48.2B
Avg47.9B
Low47.7B

Revenue Growth

Revenue Growth202620272028
High
8.2%
Avg
7.5%
Low
7.1%

EPS Forecast

EPS202620272028
High25.40
Avg25.15
Low24.98

EPS Growth

EPS Growth202620272028
High
11.1%
Avg
10.0%
Low
9.2%