Thermo Fisher Scientific Inc. (TMO)

Thermo Fisher Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Thermo Fisher stock have an average target of 651.56, with a low estimate of 610 and a high estimate of 718. The average target predicts an increase of 26.95% from the current stock price of 513.26.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$610	$651.56	$660	$718
Change	+18.85%	+26.95%	+28.59%	+39.89%

* Price targets were last updated on Oct 24, 2024.

Analyst Ratings

The average analyst rating for Thermo Fisher stock from 19 stock analysts 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

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	7	8	8	8	8	7
Buy	9	7	8	8	9	9
Hold	4	4	4	4	4	3
Sell	1	1	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	21	20	20	20	21	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eve Burstein Bernstein	Bernstein	Hold Maintains $625 → $620	Hold	Maintains	$625 → $620	+20.80%	Oct 24, 2024
Conor McNamara RBC Capital	RBC Capital	Buy Maintains $767 → $718	Buy	Maintains	$767 → $718	+39.89%	Oct 24, 2024
Daniel Arias Stifel	Stifel	Strong Buy Maintains $680 → $665	Strong Buy	Maintains	$680 → $665	+29.56%	Oct 24, 2024
Vijay Kumar Evercore ISI Group	Evercore ISI Group	Buy Maintains $630 → $620	Buy	Maintains	$630 → $620	+20.80%	Oct 24, 2024
Brandon Couillard Wells Fargo	Wells Fargo	Buy Maintains $670 → $660	Buy	Maintains	$670 → $660	+28.59%	Oct 24, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

43.22B

Increased by 0.84%

from 42.86B

Revenue Next Year

45.54B

Increased by 5.38%

from 43.22B

EPS This Year

21.91

Increased by 41.81%

from 15.45

EPS Next Year

23.72

Increased by 8.27%

from 21.91

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	25.54B	32.22B	39.21B	44.92B	42.86B	43.22B	45.54B	48.78B
Revenue Growth	4.86%	26.14%	21.71%	14.55%	-4.58%	0.84%	5.38%	7.11%
EPS	9.17	15.96	19.46	17.63	15.45	21.91	23.72	26.39
EPS Growth	26.66%	74.05%	21.93%	-9.40%	-12.37%	41.81%	8.27%	11.26%
Forward PE	-	-	-	-	-	23.43	21.64	19.45
No. Analysts	-	-	-	-	-	34	34	27

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	45.1B	47.9B	52.7B
Avg	43.2B	45.5B	48.8B
Low	41.7B	43.4B	46.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	5.3%	10.8%	15.7%
Avg	0.8%	5.4%	7.1%
Low	-2.7%	0.3%	1.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	22.98	25.62	28.58
Avg	21.91	23.72	26.39
Low	20.91	21.88	24.53

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	48.7%	16.9%	20.5%
Avg	41.8%	8.3%	11.3%
Low	35.4%	-0.1%	3.4%

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.