Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
700.22
+0.78 (0.11%)
At close: Nov 13, 2026, 4:00 PM EST
690.00
-10.22 (-1.46%)
After-hours: Nov 13, 2026, 7:56 PM EST

Thermo Fisher Stock Forecast

Stock Price Forecast

According to 27 analysts polled by S&P Global, Thermo Fisher stock has a consensus rating of "Strong Buy" and an average price target of $756.52. The average 1-year stock price forecast is 8.04% higher than the current stock price, while the lowest is $590 (-15.74%) and the highest is $830 (+18.53%).

Price Target: $756.52 (+8.04%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$590$756.52$750$830
Change-15.74%+8.04%+7.11%+18.53%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy191819191920
Buy553343
Hold366543
Sell000111
Strong Sell000000
Total272928282827

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Hold
Maintains
n/a
HoldMaintainsn/an/aNov 13, 2026
Unknown Analyst
Guggenheim
No rating
Guggenheim
Buy
Reiterates
$740
BuyReiterates$740+5.68%Nov 3, 2026
Barclays
Barclays
Buy
Maintains
$775
BuyMaintains$775+10.68%Nov 2, 2026
Argus Research
Argus Research
Buy
Reiterates
$560 → $780
BuyReiterates$560 → $780+11.39%Oct 30, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$795
BuyMaintains$795+13.54%Oct 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
48.01B
from 44.56B
Increased by 7.75%
Revenue Next Year
50.54B
from 48.01B
Increased by 5.27%
EPS This Year
25.28
from 22.87
Increased by 10.55%
EPS Next Year
27.78
from 25.28
Increased by 9.89%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
39.21B44.92B42.86B42.88B44.56B48.01B
Revenue Growth
21.71%14.55%-4.58%0.05%3.91%7.75%
Gross Profit
19.64B18.97B17.10B17.75B18.30B20.10B
Gross Margin
50.08%42.24%39.90%41.39%41.08%41.86%
Operating Income
10.37B8.56B7.32B7.73B8.36B11.27B
Net Income
7.73B6.95B6.00B6.34B6.70B7.36B
EPS
----22.8725.28
EPS Growth
----4.62%10.55%
Forward PE
32.5525.0024.6522.8724.0527.70
Dividend / Share
1.041.201.401.561.721.85
Dividend Growth
18.18%15.38%16.67%11.43%10.26%7.84%
Free Cash Flow
----6.29B7.46B
No. Analysts
-----25
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High48.2B
Avg48.0B
Low47.9B

Revenue Growth

Revenue Growth202620272028
High
8.2%
Avg
7.7%
Low
7.4%

EPS Forecast

EPS202620272028
High25.40
Avg25.28
Low25.15

EPS Growth

EPS Growth202620272028
High
11.1%
Avg
10.6%
Low
10.0%