WallStreetZenWallStreetZen

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

Analyst price target for TMO

Based on 12 analysts offering 12 month price targets for Thermo Fisher Scientific Inc.
Min Forecast
$530.00-3.35%
Avg Forecast
$600.17+9.44%
Max Forecast
$670.00+22.18%

Should I buy or sell TMO stock?

Based on 12 analysts offering ratings for Thermo Fisher Scientific Inc.
Strong Buy
Strong Buy
6 analysts 50%
Buy
4 analysts 33.33%
Hold
2 analysts 16.67%
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%2024-04-17
lockedlocked$00.00+00.00%2024-04-10
lockedlocked$00.00+00.00%2024-04-04
lockedlocked$00.00+00.00%2024-03-18
lockedlocked$00.00+00.00%2024-02-01
Raymond James
Bottom 2%
2
BuyMaintains$605.00+10.32%2024-02-01
Barclays
Bottom 3%
3
HoldDowngrades$555.00+1.21%2024-01-24
Baird
Top 6%
95
BuyMaintains$670.00+22.18%2023-12-14
Argus Research
Top 19%
82
Strong BuyMaintains$550.00+0.30%2023-11-06
Stifel Nicolaus
Top 17%
84
Strong BuyMaintains$530.00-3.35%2023-10-26

1 of 2

Forecast return on equity

Is TMO forecast to generate an efficient return?
Company
N/A
Industry
0.02%
Market
20.01%

Forecast return on assets

Is TMO forecast to generate an efficient return on assets?
Company
N/A
Industry
0.02%

TMO revenue forecast

What is TMO's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$42.7B-0.29%
Avg 2 year Forecast
$45.6B+6.39%
Avg 3 year Forecast
$49.2B+14.91%
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
57.79%
Industry
48.85%
Market
28.64%
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
3.39%
Industry
5.26%
Market
9.23%
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$548.38$600.17+9.44%Strong Buy
DHR$236.08$268.38+13.68%Strong Buy
IQV$231.34$260.18+12.47%Strong Buy
IDXX$479.57$584.00+21.78%Buy
A$133.91$139.67+4.30%Buy

Thermo Fisher Scientific Stock Forecast FAQ

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

The consensus among 12 Wall Street analysts covering (NYSE: TMO) stock is to Strong Buy TMO stock.

Out of 12 analysts, 6 (50%) are recommending TMO as a Strong Buy, 4 (33.33%) are recommending TMO as a Buy, 2 (16.67%) 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 revenue growth forecast for 2024-2026?

(NYSE: TMO) Thermo Fisher Scientific's forecast annual revenue growth rate of 3.39% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 5.26%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Thermo Fisher Scientific's revenue in 2024 is $42,857,000,000.On average, 9 Wall Street analysts forecast TMO's revenue for 2024 to be $16,293,714,582,306, with the lowest TMO revenue forecast at $16,149,477,115,938, and the highest TMO revenue forecast at $16,412,823,951,524. On average, 9 Wall Street analysts forecast TMO's revenue for 2025 to be $17,386,237,527,962, with the lowest TMO revenue forecast at $17,130,453,639,900, and the highest TMO revenue forecast at $17,569,725,372,636.

In 2026, TMO is forecast to generate $18,779,199,078,762 in revenue, with the lowest revenue forecast at $18,715,176,367,652 and the highest revenue forecast at $18,917,873,961,763.

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

(NYSE: TMO) forecast ROA is N/A, which is lower than the forecast US Diagnostics & Research industry average of 0.02%.

What is TMO's Price Target?

According to 12 Wall Street analysts that have issued a 1 year TMO price target, the average TMO price target is $600.17, with the highest TMO stock price forecast at $670.00 and the lowest TMO stock price forecast at $530.00.

On average, Wall Street analysts predict that Thermo Fisher Scientific's share price could reach $600.17 by Apr 17, 2025. The average Thermo Fisher Scientific stock price prediction forecasts a potential upside of 9.44% from the current TMO share price of $548.38.

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

(NYSE: TMO) forecast ROE is N/A, which is considered weak.
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.