Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
572.77
-2.47 (-0.43%)
At close: Dec 5, 2025, 4:00 PM EST
572.81
+0.04 (0.01%)
After-hours: Dec 5, 2025, 7:05 PM EST

Thermo Fisher Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Thermo Fisher stock have an average target of 615.47, with a low estimate of 535 and a high estimate of 670. The average target predicts an increase of 7.45% from the current stock price of 572.77.

Analyst Consensus: Buy
Target Low Average Median High
Price $535 $615.47 $620 $670
Change -6.59% +7.45% +8.25% +16.98%

Analyst Ratings

The average analyst rating for Thermo Fisher stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jul '25Aug '25Sep '25Oct '25Nov '25Dec '25
Strong Buy 433445
Buy 91011111111
Hold 443222
Sell 000000
Strong Sell 000000
Total 171717171718

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Maintains
$656$670
Buy Maintains $656$670 +16.98% Dec 2, 2025
HSBC
HSBC
Strong Buy
Upgrades
$550$670
Strong Buy Upgrades $550$670 +16.98% Dec 1, 2025
Argus Research
Argus Research
Strong Buy
Maintains
$580$610
Strong Buy Maintains $580$610 +6.50% Oct 29, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$560$656
Buy Maintains $560$656 +14.53% Oct 28, 2025
UBS
UBS
Hold
Maintains
$500$590
Hold Maintains $500$590 +3.01% Oct 23, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
44.74B
from 42.88B
Increased by 4.33%
Revenue Next Year
46.95B
from 44.74B
Increased by 4.94%
EPS This Year
22.97
from 16.53
Increased by 38.96%
EPS Next Year
24.85
from 22.97
Increased by 8.19%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
32.22B39.21B44.92B42.86B42.88B44.74B46.95B
Revenue Growth
26.14%21.71%14.55%-4.58%0.05%4.33%4.94%
EPS
15.9619.4617.6315.4516.5322.9724.85
EPS Growth
74.05%21.93%-9.40%-12.37%6.99%38.96%8.19%
Forward PE
-----24.9423.05
No. Analysts -----2929
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 46.7B 49.3B
Avg 44.7B 46.9B
Low 43.2B 45.1B

Revenue Growth

Revenue Growth 20252026202720282029
High
8.8%
10.2%
Avg
4.3%
4.9%
Low
0.7%
0.8%

EPS Forecast

EPS 20252026202720282029
High 23.95 26.25
Avg 22.97 24.85
Low 22.24 23.52

EPS Growth

EPS Growth 20252026202720282029
High
44.9%
14.3%
Avg
39.0%
8.2%
Low
34.5%
2.4%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.