Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · IEX Real-Time Price · USD
544.78
+3.26 (0.60%)
At close: Apr 19, 2024, 4:00 PM
543.00
-1.78 (-0.33%)
After-hours: Apr 19, 2024, 7:56 PM EDT
Thermo Fisher Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Thermo Fisher stock have an average target of 604.72, with a low estimate of 520 and a high estimate of 693. The average target predicts an increase of 11.00% from the current stock price of 544.78.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Thermo Fisher stock from 21 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 7 | 7 | 7 | 6 | 6 |
| Buy | 12 | 13 | 11 | 11 | 10 | 10 |
| Hold | 1 | 1 | 3 | 3 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 22 | 22 | 22 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HSBC | HSBC | Strong Buy Maintains $630 → $660 | Strong Buy | Maintains | $630 → $660 | +21.15% | Apr 17, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $550 → $640 | Strong Buy | Maintains | $550 → $640 | +17.48% | Apr 10, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $575 → $610 | Buy | Maintains | $575 → $610 | +11.97% | Apr 4, 2024 |
| Citigroup | Citigroup | Hold Initiates $620 | Hold | Initiates | $620 | +13.81% | Mar 18, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $592 → $642 | Buy | Maintains | $592 → $642 | +17.85% | Feb 1, 2024 |
Financial Forecast
Revenue This Year
43.27B
from 42.86B
Increased by 0.97%
Revenue Next Year
46.39B
from 43.27B
Increased by 7.20%
EPS This Year
21.78
from 15.45
Increased by 40.96%
EPS Next Year
24.36
from 21.78
Increased by 11.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 45.4B | 49.3B | 52.7B | 57.1B |
| Avg | 43.3B | 46.4B | 49.6B | 53.9B |
| Low | 41.6B | 44.3B | 47.3B | 51.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.0% | 14.0% | 13.6% | 15.0% |
| Avg | 1.0% | 7.2% | 7.0% | 8.5% |
| Low | -3.0% | 2.3% | 1.9% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 23.00 | 26.58 | 28.96 | 36.31 |
| Avg | 21.78 | 24.36 | 27.14 | 33.60 |
| Low | 20.88 | 21.81 | 25.23 | 31.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 48.8% | 22.1% | 18.9% | 33.8% |
| Avg | 41.0% | 11.8% | 11.4% | 23.8% |
| Low | 35.2% | 0.1% | 3.6% | 15.8% |
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.