Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
525.18
-9.50 (-1.78%)
Oct 10, 2025, 3:35 PM EDT - Market open

Thermo Fisher Stock Forecast

Stock Price Forecast

The 15 analysts that cover Thermo Fisher stock have a consensus rating of "Buy" and an average price target of $589.13, which forecasts a 12.18% increase in the stock price over the next year. The lowest target is $470 and the highest is $678.

Price Target: $589.13 (+12.18%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$470$589.13$590$678
Change-10.51%+12.18%+12.34%+29.10%

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

RatingMay '25Jun '25Jul '25Aug '25Sep '25Oct '25
Strong Buy754333
Buy889101110
Hold444433
Sell000000
Strong Sell000000
Total191717171716

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
JP Morgan
JP Morgan
Buy
Maintains
$600$650
BuyMaintains$600$650+23.77%Oct 9, 2025
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$525$590
BuyMaintains$525$590+12.34%Oct 7, 2025
Barclays
Barclays
Buy
Maintains
$550$585
BuyMaintains$550$585+11.39%Oct 2, 2025
Barclays
Barclays
Buy
Upgrades
$490$550
BuyUpgrades$490$550+4.73%Sep 11, 2025
William Blair
William Blair
Buy
Initiates
n/a
BuyInitiatesn/an/aAug 19, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
44.40B
from 42.88B
Increased by 3.54%
Revenue Next Year
46.54B
from 44.40B
Increased by 4.83%
EPS This Year
22.74
from 16.53
Increased by 37.56%
EPS Next Year
24.61
from 22.74
Increased by 8.22%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
32.22B39.21B44.92B42.86B42.88B44.40B46.54B
Revenue Growth
26.14%21.71%14.55%-4.58%0.05%3.54%4.83%
EPS
15.9619.4617.6315.4516.5322.7424.61
EPS Growth
74.05%21.93%-9.40%-12.37%6.99%37.56%8.22%
Forward PE
-----23.1021.34
No. Analysts
-----3333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High46.8B50.2B
Avg44.4B46.5B
Low42.7B44.3B

Revenue Growth

Revenue Growth20252026202720282029
High
9.1%
13.0%
Avg
3.5%
4.8%
Low
-0.4%
-0.2%

EPS Forecast

EPS20252026202720282029
High23.7926.25
Avg22.7424.61
Low21.8623.28

EPS Growth

EPS Growth20252026202720282029
High
43.9%
15.4%
Avg
37.6%
8.2%
Low
32.3%
2.4%
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.