WallStreetZen

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

OverviewForecast
EarningsDividendOwnership

Analyst price target for TMO

Based on 15 analysts offering 12 month price targets for Thermo Fisher Scientific Inc.
Min Forecast
$460.00-1.11%
Avg Forecast
$538.67+15.81%
Max Forecast
$600.00+28.99%

Should I buy or sell TMO stock?

Strong Buy
Strong Buy
8 analysts 53.33%
Buy
5 analysts 33.33%
Hold
2 analysts 13.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

TMO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Dan Brennan
UBS
Strong BuyMaintains$560.00+20.39%2021-03-29
Paul Knight
KeyBanc
Strong BuyUpgrades$520.00+11.79%2021-03-18
Luke Sergott
Barclays
Strong BuyInitiates Coverage On$525.00+12.87%2021-03-03
Sung Ji Nam
BTIG
Strong BuyMaintains$590.00+26.84%2021-02-03
Patrick B Donnelly
Citigroup
Strong BuyMaintains$530.00+13.94%2021-02-02
Daniel Arias
Stifel Nicolaus
Strong BuyMaintains$600.00+28.99%2021-02-02
Tejas Savant
Morgan Stanley
Strong BuyMaintains$575.00+23.62%2021-02-02
Tycho Peterson
JP Morgan
Strong BuyReinstates$460.00-1.11%2020-08-20
Vijay Kumar
Evercore ISI Group
BuyMaintains$540.00+16.09%2021-04-16
Doug Schenkel
Cowen & Co.
BuyMaintains$585.00+25.77%2021-02-02

1 of 2

Forecast return on equity

Is TMO forecast to generate an efficient return?
Company
23.49%
Industry
43.83%
Market
50.3%
TMO's Return on Equity is forecast to be high in 3 years (23.49%); 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
10.91%
Market
16.38%
TMO is forecast to generate higher Return on Assets (12.49%) than the US Diagnostics & Research industry average (10.91%)
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
$22.03+9.98%
Avg 2 year Forecast
$19.63-2.02%
Avg 3 year Forecast
$20.95+4.61%
TMO's earnings are forecast to grow at a rate of 1.68% per year, which is not exceptional
Forecast

TMO revenue forecast

What is TMO's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$35.6B-0.95%
Avg 2 year Forecast
$34.2B-4.83%
Avg 3 year Forecast
$36.4B+1.51%
TMO's revenue is forecast to grow at a rate of -0.73% 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
1.68%
Industry
13.96%
Market
27.34%
TMO's earnings are forecast to grow slower (1.68% per year) than the US Diagnostics & Research industry average (13.96%)
Forecast
TMO's earnings are forecast to grow slower (1.68% per year) than the US market average (27.34%)
Forecast
TMO's earnings are forecast to grow faster (1.68% per year) than the risk-free savings rate (1.5%)
Forecast

TMO revenue growth forecast

How is TMO forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
-0.73%
Industry
8.13%
Market
17.9%
TMO's revenues are forecast to grow slower (-0.73% per year) than the US Diagnostics & Research industry average (8.13%)
Forecast
TMO's revenues are forecast to grow slower (-0.73% per year) than the US market average (17.9%)
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 15 Wall Street analysts covering (NYSE: TMO) stock is to Strong Buy TMO stock.

Out of 15 analysts, 8 (53.33%) are recommending TMO as a Strong Buy, 5 (33.33%) are recommending TMO as a Buy, 2 (13.33%) 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 1.68% is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 13.96%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 27.34%.

Thermo Fisher Scientific's earnings in 2021 is $7,924,000,000.On average, 9 Wall Street analysts forecast TMO's earnings for 2021 to be $8,657,971,998, with the lowest TMO earnings forecast at $8,587,659,309, and the highest TMO earnings forecast at $8,764,521,858. On average, 8 Wall Street analysts forecast TMO's earnings for 2022 to be $7,713,643,896, with the lowest TMO earnings forecast at $7,290,667,285, and the highest TMO earnings forecast at $8,104,235,009.

In 2023, TMO is forecast to generate $8,234,916,781 in earnings, with the lowest earnings forecast at $7,880,209,114 and the highest earnings forecast at $8,799,894,368.

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

(NYSE: TMO) Thermo Fisher Scientific's forecast annual revenue growth rate of -0.73% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 8.13%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 17.9%.

Thermo Fisher Scientific's revenue in 2021 is $35,894,000,000.On average, 7 Wall Street analysts forecast TMO's revenue for 2021 to be $13,973,286,630,560, with the lowest TMO revenue forecast at $13,805,654,734,790, and the highest TMO revenue forecast at $14,064,502,900,510. On average, 6 Wall Street analysts forecast TMO's revenue for 2022 to be $13,425,713,891,338, with the lowest TMO revenue forecast at $13,103,942,747,126, and the highest TMO revenue forecast at $14,109,029,029,715.

In 2023, TMO is forecast to generate $14,320,174,614,855 in revenue, with the lowest revenue forecast at $13,907,291,746,110 and the highest revenue forecast at $15,033,037,589,701.

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 10.91%.

What is TMO's Price Target?

According to 15 Wall Street analysts that have issued a 1 year TMO price target, the average TMO price target is $538.67, with the highest TMO stock price forecast at $600.00 and the lowest TMO stock price forecast at $460.00.

On average, Wall Street analysts predict that Thermo Fisher Scientific's share price could stay at $538.67 by Apr 16, 2022. The average Thermo Fisher Scientific stock price prediction forecasts a potential downside of N/A from the current TMO share price of $465.15.

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

(NYSE: TMO) Thermo Fisher Scientific's current Earnings Per Share (EPS) is $20.03. On average, analysts forecast that TMO's EPS will be $22.03 for 2021, with the lowest EPS forecast at $21.85, and the highest EPS forecast at $22.30. On average, analysts forecast that TMO's EPS will be $19.63 for 2022, with the lowest EPS forecast at $18.55, and the highest EPS forecast at $20.62. In 2023, TMO's EPS is forecast to hit $20.95 (min: $20.05, max: $22.39).

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

(NYSE: TMO) forecast ROE is 23.49%, which is considered strong.
©2021 WallStreetZen
Company
AboutBlogPrivacy PolicyTerms of ServiceContact
Stocks
Stock ScreenerStock ForecastHighest Earnings StocksBest Dividend Paying StocksStatisticsTrending Stocks
Social
TwitterYouTube
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.