Thermo Fisher Scientific (TMO) Stock Forecast, Price Target & Predictions


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TMO Stock Forecast


Thermo Fisher Scientific stock forecast is as follows: an average price target of $646.32 (represents a 5.87% upside from TMO’s last price of $610.49) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

TMO Price Target


The average price target for Thermo Fisher Scientific (TMO) is $646.32 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $711.00 to $505.00. This represents a potential 5.87% upside from TMO's last price of $610.49.

TMO Analyst Ratings


Buy

According to 16 Wall Street analysts, Thermo Fisher Scientific's rating consensus is 'Buy'. The analyst rating breakdown for TMO stock is 0 'Strong Buy' (0.00%), 13 'Buy' (81.25%), 3 'Hold' (18.75%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Thermo Fisher Scientific Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 16, 2024Derik de BruinBank of America Securities$675.00$611.1710.44%10.57%
Jul 25, 2024Andrew CooperRaymond James$660.00$593.8611.14%8.11%
Jun 28, 2024Luke SergottBarclays$600.00$550.788.94%-1.72%
Apr 30, 2024Sidharth SahooHSBC$670.00$576.8916.14%9.75%
Apr 25, 2024Justin BowersDeutsche Bank$610.00$577.395.65%-0.08%
Apr 25, 2024Luke SergottBarclays$615.00$577.396.51%0.74%
Dec 28, 2023Catherine SchulteRobert W. Baird$670.00$531.6526.02%9.75%
Oct 26, 2023Andrew CooperRaymond James$530.00$444.4519.25%-13.18%
Jul 13, 2023Thermo FisherCredit Suisse$620.00$525.6317.95%1.56%
Feb 02, 2023-Cowen & Co.$711.00$591.9520.11%16.46%
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The latest Thermo Fisher Scientific stock forecast, released on Sep 16, 2024 by Derik de Bruin from Bank of America Securities, set a price target of $675.00, which represents a 10.44% increase from the stock price at the time of the forecast ($611.17), and a 10.57% increase from TMO last price ($610.49).

Thermo Fisher Scientific Price Target by Period


1M3M12M
# Anlaysts138
Avg Price Target$675.00$645.00$628.75
Last Closing Price$610.49$610.49$610.49
Upside/Downside10.57%5.65%2.99%

In the current month, the average price target of Thermo Fisher Scientific stock is $675.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 10.57% increase as opposed to Thermo Fisher Scientific's last price of $610.49. This month's average price target is up 4.65% compared to last quarter, and up 7.36% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 16, 2024Bank of America SecuritiesBuyBuyHold
Aug 27, 2024Wells FargoUnderweightOverweightInitialise
Jul 25, 2024Raymond JamesOutperformOutperformHold
Jul 25, 2024Cowen & Co.BuyBuyHold
Jul 24, 2024Goldman SachsBuyBuyHold
Jun 28, 2024BarclaysEqual-WeightEqual-WeightHold
Jun 03, 2024Jefferies-BuyUpgrade
Apr 25, 2024RBC CapitalOutperformOutperformHold
Apr 25, 2024Cowen & Co.BuyBuyHold
Apr 25, 2024Deutsche BankBuyBuyHold
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Thermo Fisher Scientific's last stock rating was published by Bank of America Securities on Sep 16, 2024. The company gave TMO a "Buy" rating, the same as its previous rate.

Thermo Fisher Scientific Financial Forecast


Thermo Fisher Scientific Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$10.89B$10.57B$10.69B$10.71B$11.45B$10.68B$10.97B$11.82B$10.70B$9.33B$9.27B$9.91B$10.55B$8.52B$6.92B$6.23B$6.83B$6.27B
Avg Forecast$13.03B$12.12B$11.90B$11.59B$12.09B$11.31B$11.19B$10.89B$11.35B$10.64B$10.50B$10.15B$10.73B$10.60B$10.99B$10.65B$10.43B$9.94B$9.97B$10.69B$8.71B$8.38B$8.73B$9.72B$9.58B$7.65B$6.10B$6.17B$6.78B$6.18B
High Forecast$13.13B$12.21B$11.99B$11.68B$12.18B$11.40B$11.28B$10.97B$11.43B$10.71B$10.58B$10.23B$10.77B$10.75B$11.07B$10.73B$10.50B$10.02B$9.97B$10.90B$8.88B$8.54B$8.90B$9.90B$9.76B$7.80B$6.22B$6.28B$6.91B$6.30B
Low Forecast$12.83B$11.92B$11.71B$11.41B$11.89B$11.13B$11.02B$10.72B$11.17B$10.59B$10.34B$9.99B$10.70B$10.39B$10.81B$10.48B$10.26B$9.79B$9.97B$10.53B$8.58B$8.25B$8.60B$9.57B$9.43B$7.53B$6.01B$6.07B$6.68B$6.09B
# Analysts612111098767136491814991581199144646453
Surprise %------------1.01%1.00%0.97%1.01%1.10%1.07%1.10%1.11%1.23%1.11%1.06%1.02%1.10%1.11%1.13%1.01%1.01%1.01%

Thermo Fisher Scientific's average Quarter revenue forecast for Mar 24 based on 4 analysts is $10.15B, with a low forecast of $9.99B, and a high forecast of $10.23B. TMO's average Quarter revenue forecast represents a -6.72% decrease compared to the company's last Quarter revenue of $10.89B (Dec 23).

Thermo Fisher Scientific EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts612111098767136491814991581199144646453
EBITDA------------$1.85B$3.06B$2.79B$2.63B$2.95B$2.65B$2.92B$3.54B$2.71B$2.93B$2.83B$3.50B$3.64B$2.97B$1.96B$1.53B$1.76B$1.56B
Avg Forecast$3.66B$3.40B$3.34B$3.26B$3.39B$3.18B$3.14B$3.06B$3.19B$2.99B$2.95B$2.56B$3.01B$2.98B$3.09B$2.32B$2.93B$2.27B$2.80B$1.84B$2.05B$2.35B$2.45B$2.73B$3.35B$2.06B$1.69B$1.45B$1.75B$1.50B
High Forecast$3.69B$3.43B$3.37B$3.28B$3.42B$3.20B$3.17B$3.08B$3.21B$3.01B$2.97B$3.07B$3.03B$3.02B$3.11B$2.79B$2.95B$2.72B$2.80B$2.20B$2.46B$2.40B$2.50B$2.78B$4.02B$2.47B$2.03B$1.74B$2.10B$1.79B
Low Forecast$3.60B$3.35B$3.29B$3.20B$3.34B$3.13B$3.09B$3.01B$3.14B$2.97B$2.90B$2.04B$3.01B$2.92B$3.04B$1.86B$2.88B$1.81B$2.80B$1.47B$1.64B$2.32B$2.41B$2.69B$2.68B$1.65B$1.36B$1.16B$1.40B$1.20B
Surprise %------------0.62%1.03%0.91%1.13%1.01%1.17%1.04%1.93%1.32%1.24%1.15%1.28%1.09%1.44%1.16%1.05%1.00%1.04%

4 analysts predict TMO's average Quarter EBITDA for Mar 24 to be $2.56B, with a high of $3.07B and a low of $2.04B. This is 37.82% upper than Thermo Fisher Scientific's previous annual EBITDA (Dec 23) of $1.85B.

Thermo Fisher Scientific Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts612111098767136491814991581199144646453
Net Income------------$1.63B$1.72B$1.36B$1.29B$1.58B$1.50B$1.66B$2.21B$1.67B$1.90B$1.83B$2.34B$2.50B$1.93B$1.16B$788.00M$1.00B$760.00M
Avg Forecast$2.84B$2.49B$2.41B$2.28B$2.55B$2.27B$2.21B$2.12B$2.30B$2.01B$1.96B$1.32B$2.16B$2.15B$2.08B$1.20B$1.99B$1.48B$1.92B$946.98M$1.26B$1.82B$2.12B$2.58B$2.30B$1.34B$997.13M$748.60M$999.17M$741.46M
High Forecast$2.87B$2.52B$2.43B$2.31B$2.57B$2.29B$2.23B$2.14B$2.32B$2.07B$1.98B$1.58B$2.20B$2.21B$2.10B$1.44B$2.01B$1.77B$1.92B$1.14B$1.51B$1.86B$2.18B$2.65B$2.76B$1.61B$1.20B$898.32M$1.20B$889.76M
Low Forecast$2.79B$2.44B$2.36B$2.24B$2.49B$2.22B$2.16B$2.08B$2.25B$1.99B$1.92B$1.05B$2.15B$2.08B$2.03B$958.34M$1.95B$1.18B$1.92B$757.58M$1.01B$1.78B$2.08B$2.53B$1.84B$1.07B$797.71M$598.88M$799.34M$593.17M
Surprise %------------0.75%0.80%0.66%1.08%0.79%1.01%0.87%2.34%1.32%1.05%0.86%0.90%1.09%1.44%1.16%1.05%1.00%1.03%

Thermo Fisher Scientific's average Quarter net income forecast for Mar 24 is $1.32B, with a range of $1.05B to $1.58B. TMO's average Quarter net income forecast represents a -19.16% decrease compared to the company's last Quarter net income of $1.63B (Dec 23).

Thermo Fisher Scientific SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts612111098767136491814991581199144646453
SG&A------------$1.67B$1.58B$1.67B$1.65B$1.84B$1.74B$1.74B$1.81B$2.28B$2.00B$1.90B$1.83B$2.08B$1.59B$1.71B$1.55B$1.51B$1.54B
Avg Forecast$2.24B$2.08B$2.04B$1.99B$2.07B$1.94B$1.92B$1.87B$1.95B$1.83B$1.80B$2.59B$1.84B$1.82B$1.89B$2.36B$1.79B$1.21B$1.71B$1.86B$1.73B$1.44B$1.50B$1.67B$1.91B$1.10B$1.48B$1.47B$1.51B$1.50B
High Forecast$2.25B$2.10B$2.06B$2.00B$2.09B$1.96B$1.94B$1.88B$1.96B$1.84B$1.82B$3.11B$1.85B$1.85B$1.90B$2.83B$1.80B$1.46B$1.71B$2.24B$2.07B$1.47B$1.53B$1.70B$2.29B$1.33B$1.77B$1.77B$1.81B$1.80B
Low Forecast$2.20B$2.05B$2.01B$1.96B$2.04B$1.91B$1.89B$1.84B$1.92B$1.82B$1.77B$2.07B$1.84B$1.78B$1.86B$1.89B$1.76B$971.90M$1.71B$1.49B$1.38B$1.42B$1.48B$1.64B$1.53B$883.54M$1.18B$1.18B$1.21B$1.20B
Surprise %------------0.91%0.87%0.89%0.70%1.03%1.43%1.02%0.97%1.32%1.39%1.27%1.09%1.09%1.44%1.16%1.05%1.00%1.03%

Thermo Fisher Scientific's average Quarter SG&A projection for Mar 24 is $2.59B, based on 4 Wall Street analysts, with a range of $2.07B to $3.11B. The forecast indicates a 55.12% rise compared to TMO last annual SG&A of $1.67B (Dec 23).

Thermo Fisher Scientific EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts612111098767136491814991581199144646453
EPS------------$4.21$4.44$3.53$3.34$4.03$3.82$4.25$5.66$4.23$4.83$4.65$5.93$6.30$4.88$2.92$1.99$2.51$1.89
Avg Forecast$7.43$6.51$6.28$5.96$6.65$5.92$5.77$5.54$5.99$5.25$5.12$4.71$5.64$5.61$5.42$5.03$5.20$4.83$4.99$6.22$4.93$4.68$5.47$6.66$6.56$4.33$2.89$2.80$3.54$2.87
High Forecast$7.50$6.57$6.35$6.02$6.71$5.97$5.83$5.60$6.05$5.41$5.17$4.76$5.73$5.76$5.48$5.08$5.25$4.88$4.99$6.37$5.05$4.80$5.61$6.82$6.73$4.44$2.96$2.87$3.63$2.94
Low Forecast$7.27$6.37$6.15$5.84$6.51$5.79$5.65$5.43$5.87$5.18$5.02$4.61$5.62$5.43$5.31$4.92$5.09$4.73$4.99$6.10$4.83$4.59$5.36$6.53$6.43$4.25$2.83$2.74$3.47$2.81
Surprise %------------0.75%0.79%0.65%0.66%0.78%0.79%0.85%0.91%0.86%1.03%0.85%0.89%0.96%1.13%1.01%0.71%0.71%0.66%

According to 4 Wall Street analysts, Thermo Fisher Scientific's projected average Quarter EPS for Mar 24 is $4.71, with a low estimate of $4.61 and a high estimate of $4.76. This represents a 11.85% increase compared to TMO previous annual EPS of $4.21 (Dec 23).

Thermo Fisher Scientific Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GHGuardant Health$25.09$57.27128.26%Buy
ILMNIllumina$130.21$200.8254.23%Buy
CRLCharles River Laboratories$206.21$316.2953.38%Buy
DHRDanaher$272.47$313.5915.09%Buy
TMOThermo Fisher Scientific$610.49$646.325.87%Buy
AAgilent$138.35$144.904.73%Buy
RVTYRevvity$122.71$123.830.91%Hold
WATWaters$328.97$325.00-1.21%Buy
MTDMettler-Toledo$1.38K$1.36K-1.38%Hold
IDXXIDEXX Laboratories$512.27$479.75-6.35%Buy

TMO Forecast FAQ


Yes, according to 16 Wall Street analysts, Thermo Fisher Scientific (TMO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 81.25% of TMO's total ratings.

Thermo Fisher Scientific (TMO) average price target is $646.32 with a range of $505 to $711, implying a 5.87% from its last price of $610.49. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for TMO stock, the company can go up by 5.87% (from the last price of $610.49 to the average price target of $646.32), up by 16.46% based on the highest stock price target, and down by -17.28% based on the lowest stock price target.

TMO's average twelve months analyst stock price target of $646.32 does not support the claim that Thermo Fisher Scientific can reach $900 in the near future.

1 Wall Street analyst forecast a $675 price target for Thermo Fisher Scientific (TMO) this month, up 10.57% from its last price of $610.49. Compared to the last 3 and 12 months, the average price target increased by 5.65% and increased by 2.99%, respectively.

Thermo Fisher Scientific's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $45.48B (high $45.83B, low $44.76B), average EBITDA is $12.78B (high $12.87B, low $12.57B), average net income is $9.14B (high $9.23B, low $8.96B), average SG&A $7.81B (high $7.87B, low $7.68B), and average EPS is $23.87 (high $24.11, low $23.38). TMO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $48.64B (high $49.01B, low $47.87B), average EBITDA is $13.66B (high $13.76B, low $13.44B), average net income is $10.03B (high $10.13B, low $9.82B), average SG&A $8.35B (high $8.41B, low $8.22B), and average EPS is $26.18 (high $26.44, low $25.64).

Based on Thermo Fisher Scientific's last annual report (Dec 2023), the company's revenue was $42.86B, which missed the average analysts forecast of $42.97B by -0.27%. Apple's EBITDA was $6.86B, missing the average prediction of $11.4B by -39.84%. The company's net income was $6B, missing the average estimation of $7.59B by -20.97%. Apple's SG&A was $6.57B, missing the average forecast of $7.91B by -16.92%. Lastly, the company's EPS was $15.53, missing the average prediction of $21.71 by -28.45%. In terms of the last quarterly report (Dec 2023), Thermo Fisher Scientific's revenue was $10.89B, beating the average analysts' forecast of $10.73B by 1.43%. The company's EBITDA was $1.85B, missing the average prediction of $3.01B by -38.50%. Thermo Fisher Scientific's net income was $1.63B, missing the average estimation of $2.16B by -24.59%. The company's SG&A was $1.67B, missing the average forecast of $1.84B by -9.26%. Lastly, the company's EPS was $4.21, missing the average prediction of $5.64 by -25.41%