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NYSE: TMO
Thermo Fisher Scientific Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for TMO

Based on 17 analysts offering 12 month price targets for Thermo Fisher Scientific Inc.
Min Forecast
$477.00-15.27%
Avg Forecast
$554.41-1.52%
Max Forecast
$600.00+6.58%

Should I buy or sell TMO stock?

Based on 17 analysts offering ratings for Thermo Fisher Scientific Inc.
Strong Buy
Strong Buy
10 analysts 58.82%
Buy
6 analysts 35.29%
Hold
1 analysts 5.88%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

TMO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Argus Research
Top 28%
73
Strong BuyMaintains$600.00+6.58%2021-08-04
Anonymous
Benchmark
Strong BuyInitiates Coverage On$580.00+3.03%2021-07-16
KeyBanc
Top 4%
97
Strong BuyMaintains$555.00-1.41%2021-07-12
Baird
Top 45%
56
BuyMaintains$550.00-2.30%2021-06-23
Goldman Sachs
Bottom 9%
9
Strong BuyMaintains$530.00-5.85%2021-06-15
Evercore ISI Group
Bottom 4%
4
BuyMaintains$540.00-4.08%2021-04-16
UBS
Top 31%
70
Strong BuyMaintains$560.00-0.53%2021-03-29
Barclays
Top 22%
79
Strong BuyInitiates Coverage On$525.00-6.74%2021-03-03
BTIG
Top 21%
80
Strong BuyMaintains$590.00+4.80%2021-02-03
Citigroup
Top 3%
98
Strong BuyMaintains$530.00-5.85%2021-02-02

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Forecast return on equity

Is TMO forecast to generate an efficient return?
Company
22.95%
Industry
43.4%
Market
60.49%
TMO's Return on Equity is forecast to be high in 3 years (22.95%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is TMO forecast to generate an efficient return on assets?
Company
12.49%
Industry
10.81%
Market
16.9%
TMO is forecast to generate higher Return on Assets (12.49%) than the US Diagnostics & Research industry average (10.81%)
Forecast

TMO earnings per share forecast

What is TMO's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$22.07+1.41%
Avg 2 year Forecast
$20.00-8.11%
Avg 3 year Forecast
$21.50-1.22%
TMO's earnings are forecast to grow at a rate of -1.69% per year, which is not exceptional
Forecast

TMO revenue forecast

What is TMO's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$36.0B-5.95%
Avg 2 year Forecast
$36.7B-3.93%
Avg 3 year Forecast
$38.1B-0.34%
TMO's revenue is forecast to grow at a rate of -1.72% per year, which is not exceptional
Forecast

TMO earnings growth forecast

How is TMO forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
-1.69%
Industry
7.72%
Market
23.36%
TMO's earnings are forecast to grow slower (-1.69% per year) than the US Diagnostics & Research industry average (7.72%)
Forecast
TMO's earnings are forecast to grow slower (-1.69% per year) than the US market average (23.36%)
Forecast
TMO's earnings are forecast to grow slower (-1.69% per year) than the risk-free savings rate (1.3%)
Forecast

TMO revenue growth forecast

How is TMO forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
-1.72%
Industry
6.32%
Market
14.3%
TMO's revenues are forecast to grow slower (-1.72% per year) than the US Diagnostics & Research industry average (6.32%)
Forecast
TMO's revenues are forecast to grow slower (-1.72% per year) than the US market average (14.3%)
Forecast

Thermo Fisher Scientific Stock Forecast FAQ

Is Thermo Fisher Scientific Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NYSE: TMO) stock is to Strong Buy TMO stock.

Out of 17 analysts, 10 (58.82%) are recommending TMO as a Strong Buy, 6 (35.29%) are recommending TMO as a Buy, 1 (5.88%) are recommending TMO as a Hold, 0 (0%) are recommending TMO as a Sell, and 0 (0%) are recommending TMO as a Strong Sell.

What is TMO's earnings growth forecast for 2021-2023?

(NYSE: TMO) Thermo Fisher Scientific's forecast annual earnings growth rate of -1.69% is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 7.72%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 23.36%.

Thermo Fisher Scientific's earnings in 2021 is $8,596,000,000.On average, 9 Wall Street analysts forecast TMO's earnings for 2021 to be $8,681,456,819, with the lowest TMO earnings forecast at $8,655,215,778, and the highest TMO earnings forecast at $8,694,557,668. On average, 8 Wall Street analysts forecast TMO's earnings for 2022 to be $7,866,922,330, with the lowest TMO earnings forecast at $7,160,223,962, and the highest TMO earnings forecast at $8,407,361,872.

In 2023, TMO is forecast to generate $8,456,539,234 in earnings, with the lowest earnings forecast at $8,210,652,422 and the highest earnings forecast at $8,635,544,833.

What is TMO's revenue growth forecast for 2021-2023?

(NYSE: TMO) Thermo Fisher Scientific's forecast annual revenue growth rate of -1.72% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 6.32%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.3%.

Thermo Fisher Scientific's revenue in 2021 is $38,250,000,000.On average, 6 Wall Street analysts forecast TMO's revenue for 2021 to be $14,153,638,310,424, with the lowest TMO revenue forecast at $14,123,345,055,201, and the highest TMO revenue forecast at $14,194,317,824,581. On average, 5 Wall Street analysts forecast TMO's revenue for 2022 to be $14,456,748,687,996, with the lowest TMO revenue forecast at $13,469,482,845,063, and the highest TMO revenue forecast at $15,642,335,424,240.

In 2023, TMO is forecast to generate $14,997,121,348,340 in revenue, with the lowest revenue forecast at $13,969,518,265,692 and the highest revenue forecast at $16,537,363,419,465.

What is TMO's forecast return on assets (ROA) for 2021-2023?

(NYSE: TMO) forecast ROA is 12.49%, which is higher than the forecast US Diagnostics & Research industry average of 10.81%.

What is TMO's Price Target?

According to 17 Wall Street analysts that have issued a 1 year TMO price target, the average TMO price target is $554.41, with the highest TMO stock price forecast at $600.00 and the lowest TMO stock price forecast at $477.00.

On average, Wall Street analysts predict that Thermo Fisher Scientific's share price could stay at $554.41 by Aug 4, 2022. The average Thermo Fisher Scientific stock price prediction forecasts a potential downside of N/A from the current TMO share price of $562.96.

What is TMO's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: TMO) Thermo Fisher Scientific's current Earnings Per Share (EPS) is $21.76. On average, analysts forecast that TMO's EPS will be $22.07 for 2021, with the lowest EPS forecast at $22.00, and the highest EPS forecast at $22.10. On average, analysts forecast that TMO's EPS will be $20.00 for 2022, with the lowest EPS forecast at $18.20, and the highest EPS forecast at $21.37. In 2023, TMO's EPS is forecast to hit $21.50 (min: $20.87, max: $21.95).

What is TMO's forecast return on equity (ROE) for 2021-2023?

(NYSE: TMO) forecast ROE is 22.95%, which is considered strong.
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