Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
472.80
-9.23 (-1.91%)
At close: Jun 5, 2026, 4:00 PM EDT
472.92
+0.12 (0.03%)
Pre-market: Jun 8, 2026, 9:07 AM EDT

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 $602.76. The average 1-year stock price forecast is 27.49% higher than the current stock price, while the lowest is $490 (+3.64%) and the highest is $750 (+58.63%).

Price Target: $602.76 (+27.49%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$490$602.76$600$750
Change+3.64%+27.49%+26.90%+58.63%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy171819191918
Buy556555
Hold543234
Sell000000
Strong Sell000000
Total272728262727

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
HSBC
HSBC
Hold
Downgrades
$670$540
HoldDowngrades$670$540+14.21%Jun 3, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$630
BuyMaintains$630+33.25%Jun 2, 2026
Wolfe Research
Wolfe Research
Buy
Initiates
$535
BuyInitiates$535+13.16%Jun 1, 2026
Jefferies
Jefferies
Buy
Maintains
$650
BuyMaintains$650+37.48%May 27, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$600
BuyMaintains$600+26.90%May 21, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
47.76B
from 44.56B
Increased by 7.20%
Revenue Next Year
50.34B
from 47.76B
Increased by 5.39%
EPS This Year
24.86
from 22.87
Increased by 8.70%
EPS Next Year
27.26
from 24.86
Increased by 9.67%
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%7.20%
Gross Profit
19.64B18.97B17.10B17.75B18.30B19.90B
Gross Margin
50.08%42.24%39.90%41.39%41.08%41.66%
Operating Income
10.37B8.56B7.32B7.73B8.36B11.15B
Net Income
7.73B6.95B6.00B6.34B6.70B7.34B
EPS
----22.8724.86
EPS Growth
----4.62%8.70%
Forward PE
32.5525.0024.6522.8724.0519.02
Dividend / Share
1.041.201.401.561.721.86
Dividend Growth
-15.38%16.67%11.43%10.26%7.88%
Free Cash Flow
5.58B5.80B5.10B6.63B4.39B7.14B
No. Analysts
-----23
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
Avg24.86
Low24.63

EPS Growth

EPS Growth202620272028
High
9.4%
Avg
8.7%
Low
7.7%