Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
588.29
-7.60 (-1.28%)
At close: Aug 14, 2026, 4:00 PM EDT
587.70
-0.59 (-0.10%)
After-hours: Aug 14, 2026, 7:34 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 $631.42. The average 1-year stock price forecast is 7.33% higher than the current stock price, while the lowest is $520 (-11.61%) and the highest is $750 (+27.49%).

Price Target: $631.42 (+7.33%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$520$631.42$642.5$750
Change-11.61%+7.33%+9.21%+27.49%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy191919181919
Buy655533
Hold323666
Sell000000
Strong Sell000000
Total282627292828

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Buy
Reiterates
$600$650
BuyReiterates$600$650+10.49%Aug 5, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$690
BuyMaintains$690+17.29%Jul 29, 2026
CMB International Securities
CMB International Securities
Buy
Maintains
$620$660
BuyMaintains$620$660+12.19%Jul 27, 2026
Piper Sandler
Piper Sandler
Hold
Maintains
$510$600
HoldMaintains$510$600+1.99%Jul 27, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$620$650
BuyMaintains$620$650+10.49%Jul 24, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
47.86B
from 44.56B
Increased by 7.42%
Revenue Next Year
50.32B
from 47.86B
Increased by 5.14%
EPS This Year
25.12
from 22.87
Increased by 9.83%
EPS Next Year
27.51
from 25.12
Increased by 9.52%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
39.21B44.92B42.86B42.88B44.56B47.86B
Revenue Growth
21.71%14.55%-4.58%0.05%3.91%7.42%
Gross Profit
19.64B18.97B17.10B17.75B18.30B19.96B
Gross Margin
50.08%42.24%39.90%41.39%41.08%41.71%
Operating Income
10.37B8.56B7.32B7.73B8.36B11.23B
Net Income
7.73B6.95B6.00B6.34B6.70B7.44B
EPS
----22.8725.12
EPS Growth
----4.62%9.83%
Forward PE
32.5525.0024.6522.8724.0523.42
Dividend / Share
1.041.201.401.561.721.84
Dividend Growth
18.18%15.38%16.67%11.43%10.26%7.17%
Free Cash Flow
5.58B5.80B5.10B6.63B4.39B7.38B
No. Analysts
-----25
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High48.1B
Avg47.9B
Low47.7B

Revenue Growth

Revenue Growth202620272028
High
7.9%
Avg
7.4%
Low
7.0%

EPS Forecast

EPS202620272028
High25.26
Avg25.12
Low24.96

EPS Growth

EPS Growth202620272028
High
10.5%
Avg
9.8%
Low
9.1%