Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
505.75
+13.55 (2.75%)
At close: Jun 25, 2026, 4:00 PM EDT
506.40
+0.65 (0.13%)
After-hours: Jun 25, 2026, 7:59 PM EDT

Thermo Fisher Stock Forecast

Stock Price Forecast

According to 28 analysts polled by S&P Global, Thermo Fisher stock has a consensus rating of "Buy" and an average price target of $599.19. The average 1-year stock price forecast is 18.48% higher than the current stock price, while the lowest is $490 (-3.11%) and the highest is $750 (+48.29%).

Price Target: $599.19 (+18.48%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$490$599.19$600$750
Change-3.11%+18.48%+18.64%+48.29%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy171819191918
Buy556555
Hold543235
Sell000000
Strong Sell000000
Total272728262728

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
William Blair
William Blair
Buy
Reiterates
n/a
BuyReiteratesn/an/aJun 12, 2026
Piper Sandler
Piper Sandler
Hold
Initiates
$510
HoldInitiates$510+0.84%Jun 11, 2026
Barclays
Barclays
Buy
Maintains
$625
BuyMaintains$625+23.58%Jun 8, 2026
HSBC
HSBC
Hold
Downgrades
$670$540
HoldDowngrades$670$540+6.77%Jun 3, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$630
BuyMaintains$630+24.57%Jun 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
47.76B
from 44.56B
Increased by 7.19%
Revenue Next Year
50.33B
from 47.76B
Increased by 5.38%
EPS This Year
24.86
from 22.87
Increased by 8.68%
EPS Next Year
27.25
from 24.86
Increased by 9.64%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
39.21B44.92B42.86B42.88B44.56B47.76B
Revenue Growth
21.71%14.55%-4.58%0.05%3.91%7.19%
Gross Profit
19.64B18.97B17.10B17.75B18.30B19.90B
Gross Margin
50.08%42.24%39.90%41.39%41.08%41.66%
Operating Income
10.37B8.56B7.32B7.73B8.36B11.15B
Net Income
7.73B6.95B6.00B6.34B6.70B7.34B
EPS
----22.8724.86
EPS Growth
----4.62%8.68%
Forward PE
32.5525.0024.6522.8724.0520.35
Dividend / Share
1.041.201.401.561.721.86
Dividend Growth
-15.38%16.67%11.43%10.26%7.88%
Free Cash Flow
5.58B5.80B5.10B6.63B4.39B7.14B
No. Analysts
-----24
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High48.0B
Avg47.8B
Low47.5B

Revenue Growth

Revenue Growth202620272028
High
7.8%
Avg
7.2%
Low
6.6%

EPS Forecast

EPS202620272028
High25.03
Avg24.86
Low24.63

EPS Growth

EPS Growth202620272028
High
9.4%
Avg
8.7%
Low
7.7%