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NYSE: TMO
THERMO FISHER SCIENTIFIC INC Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for TMO

Based on 10 analysts offering 12 month price targets for THERMO FISHER SCIENTIFIC INC.
Min Forecast
$525.00-8.27%
Avg Forecast
$627.50+9.64%
Max Forecast
$715.00+24.92%

Should I buy or sell TMO stock?

Based on 10 analysts offering ratings for THERMO FISHER SCIENTIFIC INC.
Buy
Strong Buy
5 analysts 50%
Buy
3 analysts 30%
Hold
1 analysts 10%
Sell
0 analysts 0%
Strong Sell
1 analysts 10%

TMO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Anonymous
Morgan Stanley
Strong BuyMaintains$670.00+17.06%2022-04-29
Wells Fargo
Top 44%
57
Strong SellDowngrades$525.00-8.27%2022-04-25
Wells Fargo
Top 7%
94
HoldMaintains$605.00+5.70%2022-02-03
Citigroup
Top 5%
96
Strong BuyMaintains$715.00+24.92%2021-10-28Find out why
SVB Leerink
Bottom 1%
1
BuyMaintains$685.00+19.68%2021-10-28
Cowen & Co.
Top 6%
95
BuyMaintains$655.00+14.44%2021-09-23
BTIG
Top 26%
75
Strong BuyMaintains$700.00+22.30%2021-09-22
KeyBanc
Top 7%
94
Strong BuyMaintains$710.00+24.05%2021-09-20
Argus Research
Top 25%
76
Strong BuyMaintains$600.00+4.83%2021-08-04
Baird
Bottom 17%
17
BuyMaintains$550.00-3.90%2021-06-23

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Forecast return on equity

Is TMO forecast to generate an efficient return?
Company
25.36%
Industry
75.73%
Market
38.7%
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
11.2%
Industry
11.77%
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 6 analysts?
Avg 1 year Forecast
$22.70+17.31%
Avg 2 year Forecast
$24.41+26.15%
Avg 3 year Forecast
$26.53+37.11%
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 3 analysts?
Avg 1 year Forecast
$42.5B+3.31%
Avg 2 year Forecast
$44.5B+8.27%
Avg 3 year Forecast
$47.2B+14.88%
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
12.5%
Industry
13.76%
Market
16.37%
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
4.23%
Industry
5.71%
Market
8.39%
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 Diagnostics & Research Stocks

TickerPricePrice TargetUp/downsideConsensus
TMO$572.35$627.50+9.64%Buy
DHR$266.49$319.00+19.70%Strong Buy
IQV$220.50$271.63+23.19%Strong Buy
ILMN$258.06$373.75+44.83%Hold
A$130.55$166.22+27.32%Strong Buy
View Top Diagnostics & Research Stocks

THERMO FISHER SCIENTIFIC Stock Forecast FAQ

Is THERMO FISHER SCIENTIFIC Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NYSE: TMO) stock is to Buy TMO stock.

Out of 10 analysts, 5 (50%) are recommending TMO as a Strong Buy, 3 (30%) are recommending TMO as a Buy, 1 (10%) are recommending TMO as a Hold, 0 (0%) are recommending TMO as a Sell, and 1 (10%) are recommending TMO as a Strong Sell.

What is TMO's earnings growth forecast for 2022-2024?

(NYSE: TMO) THERMO FISHER SCIENTIFIC's forecast annual earnings growth rate of 12.5% is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 13.76%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.37%.

THERMO FISHER SCIENTIFIC's earnings in 2022 is $7,603,000,000.On average, 6 Wall Street analysts forecast TMO's earnings for 2022 to be $8,886,187,400, with the lowest TMO earnings forecast at $8,866,614,300, and the highest TMO earnings forecast at $8,905,760,500. On average, 9 Wall Street analysts forecast TMO's earnings for 2023 to be $9,555,587,420, with the lowest TMO earnings forecast at $9,395,088,000, and the highest TMO earnings forecast at $9,903,988,600.

In 2024, TMO is forecast to generate $10,385,486,860 in earnings, with the lowest earnings forecast at $10,334,596,800 and the highest earnings forecast at $10,436,376,920.

What is TMO's revenue growth forecast for 2022-2024?

(NYSE: TMO) THERMO FISHER SCIENTIFIC's forecast annual revenue growth rate of 4.23% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 5.71%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.39%.

THERMO FISHER SCIENTIFIC's revenue in 2022 is $41,123,000,000.On average, 3 Wall Street analysts forecast TMO's revenue for 2022 to be $16,631,674,105,100, with the lowest TMO revenue forecast at $16,617,561,900,000, and the highest TMO revenue forecast at $16,658,994,238,080. On average, 6 Wall Street analysts forecast TMO's revenue for 2023 to be $17,428,769,420,962, with the lowest TMO revenue forecast at $17,188,297,837,520, and the highest TMO revenue forecast at $17,948,924,162,000.

In 2024, TMO is forecast to generate $18,493,269,688,790 in revenue, with the lowest revenue forecast at $18,425,368,647,580 and the highest revenue forecast at $18,561,170,730,000.

What is TMO's forecast return on assets (ROA) for 2022-2024?

(NYSE: TMO) forecast ROA is 11.2%, which is lower than the forecast US Diagnostics & Research industry average of 11.77%.

What is TMO's Price Target?

According to 10 Wall Street analysts that have issued a 1 year TMO price target, the average TMO price target is $627.50, 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 reach $627.50 by Apr 25, 2023. The average THERMO FISHER SCIENTIFIC stock price prediction forecasts a potential upside of 9.64% from the current TMO share price of $572.35.

What is TMO's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: TMO) THERMO FISHER SCIENTIFIC's current Earnings Per Share (EPS) is $19.35. On average, analysts forecast that TMO's EPS will be $22.70 for 2022, with the lowest EPS forecast at $22.65, and the highest EPS forecast at $22.75. On average, analysts forecast that TMO's EPS will be $24.41 for 2023, with the lowest EPS forecast at $24.00, and the highest EPS forecast at $25.30. In 2024, TMO's EPS is forecast to hit $26.53 (min: $26.40, max: $26.66).

What is TMO's forecast return on equity (ROE) for 2022-2024?

(NYSE: TMO) forecast ROE is 25.36%, which is considered strong.
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