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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
$460.00-1.11%
Avg Forecast
$538.67+15.81%
Max Forecast
$600.00+28.99%

Should I buy or sell TMO stock?

Strong Buy
Strong Buy
8 analysts 53.33%
Buy
5 analysts 33.33%
Hold
2 analysts 13.33%
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+20.39%2021-03-29
Paul Knight
KeyBanc
Strong BuyUpgrades$520.00+11.79%2021-03-18
Luke Sergott
Barclays
Strong BuyInitiates Coverage On$525.00+12.87%2021-03-03
Sung Ji Nam
BTIG
Strong BuyMaintains$590.00+26.84%2021-02-03
Patrick B Donnelly
Citigroup
Strong BuyMaintains$530.00+13.94%2021-02-02
Daniel Arias
Stifel Nicolaus
Strong BuyMaintains$600.00+28.99%2021-02-02
Tejas Savant
Morgan Stanley
Strong BuyMaintains$575.00+23.62%2021-02-02
Tycho Peterson
JP Morgan
Strong BuyReinstates$460.00-1.11%2020-08-20
Vijay Kumar
Evercore ISI Group
BuyMaintains$540.00+16.09%2021-04-16
Doug Schenkel
Cowen & Co.
BuyMaintains$585.00+25.77%2021-02-02

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Forecast return on equity

Is TMO forecast to generate an efficient return?
Company
23.49%
Industry
43.83%
Market
50.3%
TMO's Return on Equity is forecast to be high in 3 years (23.49%); 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
12.49%
Industry
10.91%
Market
16.38%
TMO is forecast to generate higher Return on Assets (12.49%) than the US Diagnostics & Research industry average (10.91%)
Forecast

TMO earnings per share forecast

What is TMO's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$22.03+9.98%
Avg 2 year Forecast
$19.63-2.02%
Avg 3 year Forecast
$20.95+4.61%
TMO's earnings are forecast to grow at a rate of 1.68% 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
$35.6B-0.95%
Avg 2 year Forecast
$34.2B-4.83%
Avg 3 year Forecast
$36.4B+1.51%
TMO's revenue is forecast to grow at a rate of -0.73% 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
1.68%
Industry
13.96%
Market
27.34%
TMO's earnings are forecast to grow slower (1.68% per year) than the US Diagnostics & Research industry average (13.96%)
Forecast
TMO's earnings are forecast to grow slower (1.68% per year) than the US market average (27.34%)
Forecast
TMO's earnings are forecast to grow faster (1.68% 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
-0.73%
Industry
8.13%
Market
17.9%
TMO's revenues are forecast to grow slower (-0.73% per year) than the US Diagnostics & Research industry average (8.13%)
Forecast
TMO's revenues are forecast to grow slower (-0.73% per year) than the US market average (17.9%)
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, 5 (33.33%) are recommending TMO as a Buy, 2 (13.33%) 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 1.68% is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 13.96%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 27.34%.

Thermo Fisher Scientific's earnings in 2021 is $7,924,000,000.On average, 9 Wall Street analysts forecast TMO's earnings for 2021 to be $8,657,971,998, with the lowest TMO earnings forecast at $8,587,659,309, and the highest TMO earnings forecast at $8,764,521,858. On average, 8 Wall Street analysts forecast TMO's earnings for 2022 to be $7,713,643,896, with the lowest TMO earnings forecast at $7,290,667,285, and the highest TMO earnings forecast at $8,104,235,009.

In 2023, TMO is forecast to generate $8,234,916,781 in earnings, with the lowest earnings forecast at $7,880,209,114 and the highest earnings forecast at $8,799,894,368.

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

(NYSE: TMO) Thermo Fisher Scientific's forecast annual revenue growth rate of -0.73% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 8.13%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 17.9%.

Thermo Fisher Scientific's revenue in 2021 is $35,894,000,000.On average, 7 Wall Street analysts forecast TMO's revenue for 2021 to be $13,973,286,630,560, with the lowest TMO revenue forecast at $13,805,654,734,790, and the highest TMO revenue forecast at $14,064,502,900,510. On average, 6 Wall Street analysts forecast TMO's revenue for 2022 to be $13,425,713,891,338, with the lowest TMO revenue forecast at $13,103,942,747,126, and the highest TMO revenue forecast at $14,109,029,029,715.

In 2023, TMO is forecast to generate $14,320,174,614,855 in revenue, with the lowest revenue forecast at $13,907,291,746,110 and the highest revenue forecast at $15,033,037,589,701.

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

(NYSE: TMO) forecast ROA is 12.49%, which is higher than the forecast US Diagnostics & Research industry average of 10.91%.

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 $538.67, with the highest TMO stock price forecast at $600.00 and the lowest TMO stock price forecast at $460.00.

On average, Wall Street analysts predict that Thermo Fisher Scientific's share price could stay at $538.67 by Apr 16, 2022. The average Thermo Fisher Scientific stock price prediction forecasts a potential downside of N/A from the current TMO share price of $465.15.

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

(NYSE: TMO) Thermo Fisher Scientific's current Earnings Per Share (EPS) is $20.03. On average, analysts forecast that TMO's EPS will be $22.03 for 2021, with the lowest EPS forecast at $21.85, and the highest EPS forecast at $22.30. On average, analysts forecast that TMO's EPS will be $19.63 for 2022, with the lowest EPS forecast at $18.55, and the highest EPS forecast at $20.62. In 2023, TMO's EPS is forecast to hit $20.95 (min: $20.05, max: $22.39).

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

(NYSE: TMO) forecast ROE is 23.49%, which is considered strong.
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