Thermo Fisher Scientific Inc. (TMO)

Thermo Fisher Stock Forecast

Stock Price Forecast

According to 15 professional analysts, the 12-month price target for Thermo Fisher stock ranges from a low of $470 to a high of $680. The average analyst price target of $581.47 forecasts a 25.25% increase in the stock price over the next year.

Price Target: $581.47 (+25.25%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$470	$581.47	$570	$680
Change	+1.24%	+25.25%	+22.78%	+46.48%

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

Rating	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	7	7	5	4	3	3
Buy	8	8	8	9	10	10
Hold	4	4	4	4	4	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	19	17	17	17	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Luke Sergott Barclays	Barclays	Hold → Buy Upgrades $490 → $550	Hold → Buy	Upgrades	$490 → $550	+18.47%	Sep 11, 2025
Matt Larew William Blair	William Blair	Buy Initiates n/a	Buy	Initiates	n/a	n/a	Aug 19, 2025
Dan Leonard UBS	UBS	Hold Maintains $460 → $500	Hold	Maintains	$460 → $500	+7.70%	Jul 24, 2025
Andrew Cooper Raymond James	Raymond James	Buy Reiterates $525 → $535	Buy	Reiterates	$525 → $535	+15.24%	Jul 24, 2025
Brandon Couillard Wells Fargo	Wells Fargo	Buy Maintains $570 → $565	Buy	Maintains	$570 → $565	+21.70%	Jul 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

44.37B

Increased by 3.47%

from 42.88B

Revenue Next Year

46.49B

Increased by 4.79%

from 44.37B

EPS This Year

22.74

Increased by 37.56%

from 16.53

EPS Next Year

24.61

Increased by 8.22%

from 22.74

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	32.22B	39.21B	44.92B	42.86B	42.88B	44.37B	46.49B
Revenue Growth	26.14%	21.71%	14.55%	-4.58%	0.05%	3.47%	4.79%
EPS	15.96	19.46	17.63	15.45	16.53	22.74	24.61
EPS Growth	74.05%	21.93%	-9.40%	-12.37%	6.99%	37.56%	8.22%
Forward PE	-	-	-	-	-	20.42	18.87
No. Analysts	-	-	-	-	-	33	33

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	46.8B	50.2B
Avg	44.4B	46.5B
Low	42.7B	44.3B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	9.1%	13.1%
Avg	3.5%	4.8%
Low	-0.4%	-0.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	23.79	26.25
Avg	22.74	24.61
Low	21.86	23.28

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	43.9%	15.4%
Avg	37.6%	8.2%
Low	32.3%	2.4%

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.