Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · IEX Real-Time Price · USD
568.00
-4.05 (-0.71%)
At close: Jun 17, 2024, 4:00 PM
567.73
-0.27 (-0.05%)
Pre-market: Jun 18, 2024, 7:15 AM EDT

Thermo Fisher Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Thermo Fisher stock have an average target of 603.06, with a low estimate of 520 and a high estimate of 670. The average target predicts an increase of 6.17% from the current stock price of 568.00.

Analyst Consensus: Buy
Target Low Average Median High
Price $520 $603.06 $615 $670
Change -8.45% +6.17% +8.27% +17.96%

Analyst Ratings

The average analyst rating for Thermo Fisher stock from 20 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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 776667
Buy 111110998
Hold 334444
Sell 111111
Strong Sell 000000
Total 222221202020

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Strong Buy
Initiates
$600$650
Strong Buy Initiates $600$650 +14.44% Jun 3, 2024
HSBC
HSBC
Strong Buy
Maintains
$660$670
Strong Buy Maintains $660$670 +17.96% Apr 30, 2024
Barclays
Barclays
Hold
Maintains
$590$615
Hold Maintains $590$615 +8.27% Apr 25, 2024
Deutsche Bank
Deutsche Bank
Strong Buy
Maintains
$600$610
Strong Buy Maintains $600$610 +7.39% Apr 25, 2024
JP Morgan
JP Morgan
Buy
Maintains
$600$650
Buy Maintains $600$650 +14.44% Apr 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
43.42B
from 42.86B
Increased by 1.32%
Revenue Next Year
46.55B
from 43.42B
Increased by 7.20%
EPS This Year
21.94
from 15.45
Increased by 42.01%
EPS Next Year
24.57
from 21.94
Increased by 11.99%
Year 2019202020212022202320242025202620272028
Revenue
25.54B32.22B39.21B44.92B42.86B43.42B46.55B49.94B52.74B55.27B
Revenue Growth
4.86%26.14%21.71%14.55%-4.58%1.32%7.20%7.29%5.61%4.79%
EPS
9.1715.9619.4617.6315.4521.9424.5727.4731.1535.36
EPS Growth
26.66%74.05%21.93%-9.40%-12.37%42.01%11.99%11.79%13.42%13.51%
Forward PE
-----25.8923.1220.6818.2316.06
No. Analysts -----30302264
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 46.0B 49.1B 54.0B 55.9B 59.0B
Avg 43.4B 46.5B 49.9B 52.7B 55.3B
Low 41.5B 44.3B 47.5B 50.1B 52.8B

Revenue Growth

Revenue Growth 20242025202620272028
High
7.4%
13.2%
15.9%
11.9%
11.8%
Avg
1.3%
7.2%
7.3%
5.6%
4.8%
Low
-3.2%
2.1%
2.0%
0.4%
0.1%

EPS Forecast

EPS 20242025202620272028
High 23.16 26.84 30.74 35.50 40.86
Avg 21.94 24.57 27.47 31.15 35.36
Low 21.02 21.83 25.27 29.23 32.12

EPS Growth

EPS Growth 20242025202620272028
High
49.9%
22.3%
25.1%
29.2%
31.1%
Avg
42.0%
12.0%
11.8%
13.4%
13.5%
Low
36.1%
-0.5%
2.8%
6.4%
3.1%
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.