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

OverviewForecast
EarningsDividendOwnership

Analyst price target for TMO

Based on 14 analysts offering 12 month price targets for Thermo Fisher Scientific Inc.
Min Forecast
$600.00-3.88%
Avg Forecast
$638.50+2.29%
Max Forecast
$670.00+7.34%

Should I buy or sell TMO stock?

Based on 14 analysts offering ratings for Thermo Fisher Scientific Inc.
Strong Buy
Strong Buy
8 analysts 57.14%
Buy
4 analysts 28.57%
Hold
2 analysts 14.29%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their TMO stock forecasts and price targets.

TMO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-27
lockedlocked$00.00+00.00%2024-07-25Find Out Why
lockedlocked$00.00+00.00%2024-07-25
lockedlocked$00.00+00.00%2024-07-25
lockedlocked$00.00+00.00%2024-07-25Find Out Why
Baird
Top 5%
96
BuyMaintains$632.00+1.25%2024-07-25
Evercore ISI Group
Bottom 10%
10
BuyMaintains$600.00-3.88%2024-07-02
Barclays
Bottom 4%
4
HoldMaintains$600.00-3.88%2024-06-28
Jefferies
Top 16%
85
Strong BuyAssumes$650.00+4.13%2024-06-03Find out why
HSBC
Top 25%
76
Strong BuyMaintains$670.00+7.34%2024-04-30

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Forecast return on equity

Is TMO forecast to generate an efficient return?
Company
21.87%
Industry
-2.89%
Market
54.53%
TMO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TMO forecast to generate an efficient return on assets?
Company
10.53%
Industry
11.79%
TMO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TMO earnings per share forecast

What is TMO's earnings per share in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$21.72+34.33%
Avg 2 year Forecast
$24.07+48.85%
Avg 3 year Forecast
$27.16+67.93%
TMO's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TMO revenue forecast

What is TMO's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$42.9B+1.23%
Avg 2 year Forecast
$45.7B+7.81%
Avg 3 year Forecast
$49.0B+15.74%
TMO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TMO earnings growth forecast

How is TMO forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
22.55%
Industry
24.61%
Market
18.36%
TMO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TMO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TMO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TMO revenue growth forecast

How is TMO forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
4.04%
Industry
6.07%
Market
8.25%
TMO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TMO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TMO vs Diagnostic & Research Stocks

TickerPricePrice TargetUp/downsideConsensus
TMO$624.21$638.50+2.29%Strong Buy
DHR$274.72$278.00+1.19%Buy
IQV$235.20$275.10+16.96%Strong Buy
IDXX$495.95$555.20+11.95%Buy
A$138.03$142.58+3.30%Buy
View Top Diagnostic & Research Stocks

Thermo Fisher Scientific Stock Forecast FAQ

Is Thermo Fisher Scientific Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: TMO) stock is to Strong Buy TMO stock.

Out of 14 analysts, 8 (57.14%) are recommending TMO as a Strong Buy, 4 (28.57%) are recommending TMO as a Buy, 2 (14.29%) are recommending TMO as a Hold, 0 (0%) are recommending TMO as a Sell, and 0 (0%) are recommending TMO as a Strong Sell.

If you're new to stock investing, here's how to buy Thermo Fisher Scientific stock.

What is TMO's earnings growth forecast for 2024-2026?

(NYSE: TMO) Thermo Fisher Scientific's forecast annual earnings growth rate of 22.55% is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 24.61%, and while it is forecast to beat the US market's average forecast earnings growth rate of 18.36%.

Thermo Fisher Scientific's earnings in 2024 is $6,221,000,000.On average, 11 Wall Street analysts forecast TMO's earnings for 2024 to be $8,297,287,490, with the lowest TMO earnings forecast at $8,266,384,048, and the highest TMO earnings forecast at $8,346,603,117. On average, 11 Wall Street analysts forecast TMO's earnings for 2025 to be $9,194,289,478, with the lowest TMO earnings forecast at $8,969,255,890, and the highest TMO earnings forecast at $9,347,431,500.

In 2026, TMO is forecast to generate $10,373,089,595 in earnings, with the lowest earnings forecast at $10,084,682,942 and the highest earnings forecast at $10,565,997,356.

What is TMO's revenue growth forecast for 2024-2026?

(NYSE: TMO) Thermo Fisher Scientific's forecast annual revenue growth rate of 4.04% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 6.07%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.25%.

Thermo Fisher Scientific's revenue in 2024 is $42,346,000,000.On average, 8 Wall Street analysts forecast TMO's revenue for 2024 to be $16,375,139,154,152, with the lowest TMO revenue forecast at $16,343,680,291,310, and the highest TMO revenue forecast at $16,408,619,537,530. On average, 8 Wall Street analysts forecast TMO's revenue for 2025 to be $17,438,748,508,344, with the lowest TMO revenue forecast at $17,290,322,603,193, and the highest TMO revenue forecast at $17,589,979,024,942.

In 2026, TMO is forecast to generate $18,722,826,603,453 in revenue, with the lowest revenue forecast at $18,598,218,121,842 and the highest revenue forecast at $18,942,094,350,311.

What is TMO's forecast return on assets (ROA) for 2024-2026?

(NYSE: TMO) forecast ROA is 10.53%, which is lower than the forecast US Diagnostics & Research industry average of 11.79%.

What is TMO's Price Target?

According to 14 Wall Street analysts that have issued a 1 year TMO price target, the average TMO price target is $638.50, with the highest TMO stock price forecast at $670.00 and the lowest TMO stock price forecast at $600.00.

On average, Wall Street analysts predict that Thermo Fisher Scientific's share price could reach $638.50 by Aug 27, 2025. The average Thermo Fisher Scientific stock price prediction forecasts a potential upside of 2.29% from the current TMO share price of $624.21.

What is TMO's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: TMO) Thermo Fisher Scientific's current Earnings Per Share (EPS) is $16.17. On average, analysts forecast that TMO's EPS will be $21.72 for 2024, with the lowest EPS forecast at $21.64, and the highest EPS forecast at $21.85. On average, analysts forecast that TMO's EPS will be $24.07 for 2025, with the lowest EPS forecast at $23.48, and the highest EPS forecast at $24.47. In 2026, TMO's EPS is forecast to hit $27.16 (min: $26.40, max: $27.66).

What is TMO's forecast return on equity (ROE) for 2024-2026?

(NYSE: TMO) forecast ROE is 21.87%, which is considered strong.
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