Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
525.69
-6.79 (-1.28%)
Jul 20, 2026, 11:30 AM EDT - Market open

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 $590.77. The average 1-year stock price forecast is 12.38% higher than the current stock price, while the lowest is $490 (-6.79%) and the highest is $750 (+42.67%).

Price Target: $590.77 (+12.38%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$490$590.77$600$750
Change-6.79%+12.38%+14.14%+42.67%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy181919191818
Buy565554
Hold432367
Sell000000
Strong Sell000000
Total272826272929

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Buy
Maintains
$615
BuyMaintains$615+16.99%Jul 14, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$620
BuyMaintains$620+17.94%Jul 10, 2026
Deutsche Bank
Deutsche Bank
Buy
Maintains
$630
BuyMaintains$630+19.84%Jul 9, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$575$570
BuyMaintains$575$570+8.43%Jul 6, 2026
Bernstein
Bernstein
Hold
Initiates
$520
HoldInitiates$520-1.08%Jun 26, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
47.76B
from 44.56B
Increased by 7.19%
Revenue Next Year
50.32B
from 47.76B
Increased by 5.36%
EPS This Year
24.85
from 22.87
Increased by 8.68%
EPS Next Year
27.26
from 24.85
Increased by 9.66%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
39.21B44.92B42.86B42.88B44.56B47.76B
Revenue Growth
21.71%14.55%-4.58%0.05%3.91%7.19%
Gross Profit
19.64B18.97B17.10B17.75B18.30B19.89B
Gross Margin
50.08%42.24%39.90%41.39%41.08%41.65%
Operating Income
10.37B8.56B7.32B7.73B8.36B11.15B
Net Income
7.73B6.95B6.00B6.34B6.70B7.34B
EPS
----22.8724.85
EPS Growth
----4.62%8.68%
Forward PE
32.5525.0024.6522.8724.0521.15
Dividend / Share
1.041.201.401.561.721.85
Dividend Growth
-15.38%16.67%11.43%10.26%7.82%
Free Cash Flow
5.58B5.80B5.10B6.63B4.39B7.11B
No. Analysts
-----25
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High48.0B
Avg47.8B
Low47.5B

Revenue Growth

Revenue Growth202620272028
High
7.8%
Avg
7.2%
Low
6.6%

EPS Forecast

EPS202620272028
High25.03
Avg24.85
Low24.63

EPS Growth

EPS Growth202620272028
High
9.4%
Avg
8.7%
Low
7.7%