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

Analyst price target for TMO

Based on 14 analysts offering 12 month price targets for Thermo Fisher Scientific Inc.
Min Forecast
$525.00-16.5%
Avg Forecast
$608.93-3.15%
Max Forecast
$715.00+13.72%

Should I buy or sell TMO stock?

Based on 14 analysts offering ratings for Thermo Fisher Scientific Inc.
Strong Buy
Strong Buy
9 analysts 64.29%
Buy
5 analysts 35.71%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

TMO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Top 3%
98
Strong BuyMaintains$715.00+13.72%2021-10-28Find out why
SVB Leerink
Top 25%
76
BuyMaintains$685.00+8.95%2021-10-28
Cowen & Co.
Top 8%
93
BuyMaintains$655.00+4.18%2021-09-23
BTIG
Top 17%
84
Strong BuyMaintains$700.00+11.34%2021-09-22
KeyBanc
Top 4%
97
Strong BuyMaintains$710.00+12.93%2021-09-20
Argus Research
Top 31%
70
Strong BuyMaintains$600.00-4.57%2021-08-04
Anonymous
Benchmark
Strong BuyInitiates Coverage On$580.00-7.75%2021-07-16
Baird
Bottom 45%
45
BuyMaintains$550.00-12.52%2021-06-23
Goldman Sachs
Bottom 2%
2
Strong BuyMaintains$530.00-15.70%2021-06-15
Evercore ISI Group
Bottom 5%
5
BuyMaintains$540.00-14.11%2021-04-16

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Forecast return on equity

Is TMO forecast to generate an efficient return?
Company
22.83%
Industry
45.12%
Market
46.45%
TMO's Return on Equity is forecast to be high in 3 years (22.83%); 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
12.01%
Industry
10.41%
TMO is forecast to generate higher Return on Assets (12.01%) than the US Diagnostics & Research industry average (10.41%)
Forecast

TMO earnings per share forecast

What is TMO's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$22.07+1.66%
Avg 2 year Forecast
$21.30-1.89%
Avg 3 year Forecast
$22.43+3.32%
TMO's earnings are forecast to grow at a rate of 0.45% 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
$37.1B-4.94%
Avg 2 year Forecast
$39.7B+1.63%
Avg 3 year Forecast
$42.7B+9.23%
TMO's revenue is forecast to grow at a rate of 0.99% 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
0.45%
Industry
7.15%
Market
17.69%
TMO's earnings are forecast to grow slower (0.45% per year) than the US Diagnostics & Research industry average (7.15%)
Forecast
TMO's earnings are forecast to grow slower (0.45% per year) than the US market average (17.69%)
Forecast
TMO's earnings are forecast to grow slower (0.45% 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
0.99%
Industry
5.51%
Market
10.68%
TMO's revenues are forecast to grow slower (0.99% per year) than the US Diagnostics & Research industry average (5.51%)
Forecast
TMO's revenues are forecast to grow slower (0.99% per year) than the US market average (10.68%)
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 14 Wall Street analysts covering (NYSE: TMO) stock is to Strong Buy TMO stock.

Out of 14 analysts, 9 (64.29%) are recommending TMO as a Strong Buy, 5 (35.71%) are recommending TMO as a Buy, 0 (0%) 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 0.45% is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 7.15%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.69%.

Thermo Fisher Scientific's earnings in 2021 is $8,565,000,000.On average, 5 Wall Street analysts forecast TMO's earnings for 2021 to be $8,696,641,280, with the lowest TMO earnings forecast at $8,669,057,914, and the highest TMO earnings forecast at $8,739,986,570. On average, 5 Wall Street analysts forecast TMO's earnings for 2022 to be $8,393,224,253, with the lowest TMO earnings forecast at $8,275,009,827, and the highest TMO earnings forecast at $8,539,022,045.

In 2023, TMO is forecast to generate $8,838,498,591 in earnings, with the lowest earnings forecast at $8,373,521,849 and the highest earnings forecast at $9,299,534,853.

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

(NYSE: TMO) Thermo Fisher Scientific's forecast annual revenue growth rate of 0.99% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 5.51%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.68%.

Thermo Fisher Scientific's revenue in 2021 is $39,059,000,000.On average, 6 Wall Street analysts forecast TMO's revenue for 2021 to be $14,630,931,783,318, with the lowest TMO revenue forecast at $14,609,726,873,612, and the highest TMO revenue forecast at $14,658,588,836,400. On average, 5 Wall Street analysts forecast TMO's revenue for 2022 to be $15,641,248,617,645, with the lowest TMO revenue forecast at $13,919,354,625,188, and the highest TMO revenue forecast at $16,340,780,119,803.

In 2023, TMO is forecast to generate $16,811,226,249,911 in revenue, with the lowest revenue forecast at $14,963,188,007,651 and the highest revenue forecast at $17,502,827,928,366.

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

(NYSE: TMO) forecast ROA is 12.01%, which is higher than the forecast US Diagnostics & Research industry average of 10.41%.

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 $608.93, with the highest TMO stock price forecast at $715.00 and the lowest TMO stock price forecast at $525.00.

On average, Wall Street analysts predict that Thermo Fisher Scientific's share price could stay at $608.93 by Oct 28, 2022. The average Thermo Fisher Scientific stock price prediction forecasts a potential downside of N/A from the current TMO share price of $628.71.

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

(NYSE: TMO) Thermo Fisher Scientific's current Earnings Per Share (EPS) is $21.71. 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 $22.18. On average, analysts forecast that TMO's EPS will be $21.30 for 2022, with the lowest EPS forecast at $21.00, and the highest EPS forecast at $21.67. In 2023, TMO's EPS is forecast to hit $22.43 (min: $21.25, max: $23.60).

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

(NYSE: TMO) forecast ROE is 22.83%, which is considered strong.
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