Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
562.56
-7.60 (-1.33%)
At close: Dec 17, 2025, 4:00 PM EST
562.56
0.00 (0.00%)
After-hours: Dec 17, 2025, 7:02 PM EST

Thermo Fisher Stock Forecast

Stock Price Forecast

The 18 analysts that cover Thermo Fisher stock have a consensus rating of "Strong Buy" and an average price target of $631, which forecasts a 12.17% increase in the stock price over the next year. The lowest target is $535 and the highest is $750.

Price Target: $631 (+12.17%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$535$631$637$750
Change-4.90%+12.17%+13.23%+33.32%

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

RatingJul '25Aug '25Sep '25Oct '25Nov '25Dec '25
Strong Buy433446
Buy91011111112
Hold443221
Sell000000
Strong Sell000000
Total171717171719

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Buy
Maintains
$635$675
BuyMaintains$635$675+19.99%Dec 15, 2025
Citigroup
Citigroup
Strong Buy
Upgrades
$580$660
Strong BuyUpgrades$580$660+17.32%Dec 11, 2025
Goldman Sachs
Goldman Sachs
Strong Buy
Initiates
$685
Strong BuyInitiates$685+21.76%Dec 9, 2025
Keybanc
Keybanc
Buy
Upgrades
$750
BuyUpgrades$750+33.32%Dec 8, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$656$670
BuyMaintains$656$670+19.10%Dec 2, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
44.74B
from 42.88B
Increased by 4.33%
Revenue Next Year
46.95B
from 44.74B
Increased by 4.94%
EPS This Year
22.97
from 16.53
Increased by 38.96%
EPS Next Year
24.85
from 22.97
Increased by 8.19%
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
32.22B39.21B44.92B42.86B42.88B44.74B46.95B
Revenue Growth
26.14%21.71%14.55%-4.58%0.05%4.33%4.94%
EPS
15.9619.4617.6315.4516.5322.9724.85
EPS Growth
74.05%21.93%-9.40%-12.37%6.99%38.96%8.19%
Forward PE
-----24.4922.64
No. Analysts
-----2929
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High46.7B49.3B
Avg44.7B46.9B
Low43.2B45.1B

Revenue Growth

Revenue Growth20252026202720282029
High
8.8%
10.2%
Avg
4.3%
4.9%
Low
0.7%
0.8%

EPS Forecast

EPS20252026202720282029
High23.9526.25
Avg22.9724.85
Low22.2423.52

EPS Growth

EPS Growth20252026202720282029
High
44.9%
14.3%
Avg
39.0%
8.2%
Low
34.5%
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.