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

Analyst price target for TMO

Based on 15 analysts offering 12 month price targets for Thermo Fisher Scientific Inc.
Min Forecast
$340.00-29%
Avg Forecast
$525.33+9.7%
Max Forecast
$600.00+25.29%

Should I buy or sell TMO stock?

Strong Buy
Strong Buy
8 analysts 53.33%
Buy
4 analysts 26.67%
Hold
3 analysts 20%
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+16.94%2021-03-29
Paul Knight
KeyBanc
Strong BuyUpgrades$520.00+8.59%2021-03-18
Luke Sergott
Barclays
Strong BuyInitiates Coverage On$525.00+9.63%2021-03-03
Sung Ji Nam
BTIG
Strong BuyMaintains$590.00+23.20%2021-02-03
Patrick B Donnelly
Citigroup
Strong BuyMaintains$530.00+10.67%2021-02-02
Daniel Arias
Stifel Nicolaus
Strong BuyMaintains$600.00+25.29%2021-02-02
Tejas Savant
Morgan Stanley
Strong BuyMaintains$575.00+20.07%2021-02-02
Tycho Peterson
JP Morgan
Strong BuyReinstates$460.00-3.94%2020-08-20
Doug Schenkel
Cowen & Co.
BuyMaintains$585.00+22.16%2021-02-02
Puneet Souda
SVB Leerink
BuyMaintains$560.00+16.94%2021-02-02

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Forecast return on equity

Is TMO forecast to generate an efficient return?
Company
25.21%
Industry
38.95%
Market
17,184.71%
TMO's Return on Equity is forecast to be high in 3 years (25.21%); 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
12.6%
Industry
10.73%
Market
6,178.71%
TMO is forecast to generate higher Return on Assets (12.6%) than the US Diagnostics & Research industry average (10.73%)
Forecast

TMO earnings per share forecast

What is TMO's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$21.73+35.04%
Avg 2 year Forecast
$19.85+23.39%
Avg 3 year Forecast
$21.95+36.39%
TMO's earnings are forecast to grow at a rate of 14.3% 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
$35.2B+9.11%
Avg 2 year Forecast
$34.0B+5.42%
Avg 3 year Forecast
$36.6B+13.57%
TMO's revenue is forecast to grow at a rate of 4.47% 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
14.3%
Industry
22.48%
Market
32.34%
TMO's earnings are forecast to grow slower (14.3% per year) than the US Diagnostics & Research industry average (22.48%)
Forecast
TMO's earnings are forecast to grow slower (14.3% per year) than the US market average (32.34%)
Forecast
TMO's earnings are forecast to grow faster (14.3% per year) than the risk-free savings rate (1.7%)
Forecast

TMO revenue growth forecast

How is TMO forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
4.47%
Industry
13.61%
Market
16.2%
TMO's revenues are forecast to grow slower (4.47% per year) than the US Diagnostics & Research industry average (13.61%)
Forecast
TMO's revenues are forecast to grow slower (4.47% per year) than the US market average (16.2%)
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, 4 (26.67%) are recommending TMO as a Buy, 3 (20%) 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 14.3% is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 22.48%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 32.34%.

Thermo Fisher Scientific's earnings in 2021 is $6,375,000,000.On average, 10 Wall Street analysts forecast TMO's earnings for 2021 to be $8,611,571,030, with the lowest TMO earnings forecast at $8,541,023,366, and the highest TMO earnings forecast at $8,719,374,202. On average, 8 Wall Street analysts forecast TMO's earnings for 2022 to be $7,868,759,615, with the lowest TMO earnings forecast at $7,348,054,441, and the highest TMO earnings forecast at $8,778,824,481.

In 2023, TMO is forecast to generate $8,697,575,766 in earnings, with the lowest earnings forecast at $7,946,520,580 and the highest earnings forecast at $9,559,604,807.

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

(NYSE: TMO) Thermo Fisher Scientific's forecast annual revenue growth rate of 4.47% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 13.61%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 16.2%.

Thermo Fisher Scientific's revenue in 2021 is $32,218,000,000.On average, 7 Wall Street analysts forecast TMO's revenue for 2021 to be $13,932,919,893,463, with the lowest TMO revenue forecast at $13,895,511,796,460, and the highest TMO revenue forecast at $14,002,918,633,221. On average, 6 Wall Street analysts forecast TMO's revenue for 2022 to be $13,461,787,532,547, with the lowest TMO revenue forecast at $12,444,251,227,575, and the highest TMO revenue forecast at $14,145,202,966,790.

In 2023, TMO is forecast to generate $14,501,511,077,845 in revenue, with the lowest revenue forecast at $13,871,731,685,000 and the highest revenue forecast at $14,993,915,144,797.

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

(NYSE: TMO) forecast ROA is 12.6%, which is higher than the forecast US Diagnostics & Research industry average of 10.73%.

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 $525.33, with the highest TMO stock price forecast at $600.00 and the lowest TMO stock price forecast at $340.00.

On average, Wall Street analysts predict that Thermo Fisher Scientific's share price could stay at $525.33 by Mar 29, 2022. The average Thermo Fisher Scientific stock price prediction forecasts a potential downside of N/A from the current TMO share price of $478.88.

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

(NYSE: TMO) Thermo Fisher Scientific's current Earnings Per Share (EPS) is $16.09. On average, analysts forecast that TMO's EPS will be $21.73 for 2021, with the lowest EPS forecast at $21.55, and the highest EPS forecast at $22.00. On average, analysts forecast that TMO's EPS will be $19.85 for 2022, with the lowest EPS forecast at $18.54, and the highest EPS forecast at $22.15. In 2023, TMO's EPS is forecast to hit $21.95 (min: $20.05, max: $24.12).

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

(NYSE: TMO) forecast ROE is 25.21%, which is considered strong.
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