TMOTMOHealthcare · Diagnostics & Research

TMO Stock Forecast: Thermo Fisher Scientific, Inc. Price Predictions for 2026-2027

Last close, 29 Oct 2026
$709
+0.71% on the day

The 27 Wall Street analysts covering Thermo Fisher Scientific, Inc. hold a median 12-month price target of $750 — +5.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 82 of 100 as at 28 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$260.4B
Ticker Nerd rank
82/ 100
Median analyst target
$750
Analysts covering
27
Revenue$12.0B+10.5% y/y
Operating income$2.2B
Net income$1.7B
Free cash flow$1.7B
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+4.8%
1M
+4.4%
YTD
+22.7%
1Y
+27.5%
From 52W high
0.0%
From 52W low
+62.1%
$438
$709
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

TMO stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Thermo Fisher Scientific, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 28 Oct 2026
82/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
96
Momentum
93
Value
91
Quality
78
Revisions
74
Growth
65
Issuance
52
Accruals
39
Size
1

Volatility (96): The share price has been relatively steady.

Accruals (39): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (1): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

TMO stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on TMO, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$400$500$600$700$800$900Jan 26Apr 26Jul 26Oct 26TMOHigh $830Median $750Low $560

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says27 analysts
23 Buy3 Hold1 Sell
Low $560Median $750High $830

The green dot is the last close — the median target sits +5.8% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 12 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
23 Oct 2026CitigroupMaintainsBuy$685 → $800
22 Oct 2026BairdMaintainsOutperform$723 → $756
22 Oct 2026BarclaysMaintainsOverweight$750 → $775
22 Oct 2026RBC CapitalMaintainsSector Perform$580 → $730
22 Oct 2026StifelMaintainsBuy$650 → $775
22 Oct 2026TD CowenMaintainsBuy$760 → $810
13 Oct 2026Morgan StanleyMaintainsOverweight$650 → $730
13 Oct 2026Morgan StanleyMaintainsOverweight—
13 Oct 2026TD CowenMaintainsBuy—
13 Oct 2026TD CowenMaintainsBuy$675 → $760
7 Oct 2026BarclaysMaintainsOverweight—
7 Oct 2026BarclaysMaintainsOverweight$650 → $750
9 Sept 2026UBSAssumesBuy$540 → $730
3 Sept 2026CLSAInitiatesOutperform—
3 Sept 2026CLSAInitiatesOutperform$748
27 July 2026Morgan StanleyMaintainsOverweight$620 → $650
27 July 2026Morgan StanleyMaintainsOverweight—
27 July 2026Piper SandlerMaintainsNeutral—
27 July 2026Piper SandlerMaintainsNeutral$510 → $600
24 July 2026BarclaysMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

TMO appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

TMO vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 29 Oct 2026, Thermo Fisher Scientific, Inc. returned +27.5% against +13.6% for the S&P 500, dividends included.

TMO vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120130Jan 26Apr 26Jul 26Oct 26TMOS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

TMO analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+0.7%
Analysts raising
4
Analysts cutting
0
Fundamentals

Thermo Fisher Scientific, Inc. (TMO) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
37.1×

Cheaper than 21% of US stocks

Price / sales
5.5×

Cheaper than 22% of US stocks

Price / book
4.8×

Cheaper than 21% of US stocks

EV / EBITDA
24.3×

Cheaper than 11% of US stocks

Growth & margins
Revenue growth (YoY)
9.1%

Higher than 51% of US stocks

Earnings growth (YoY)
6.5%

Higher than 44% of US stocks

Gross margin
40.7%

Higher than 50% of US stocks

Operating margin
20.2%

Higher than 79% of US stocks

Net margin
14.9%

Higher than 77% of US stocks

Returns & dividend
Return on equity
13.4%

Higher than 71% of US stocks

Return on assets
5.2%

Higher than 78% of US stocks

Dividend yield
0.3%

Higher than 64% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Thermo Fisher Scientific, Inc. (TMO) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Thermo Fisher Scientific, Inc. has a market value of $260.4B and an enterprise value of $296.0B.

  • Revenue in the twelve months to 30 June 2026: $46.3B. The latest quarter grew 9.1% year on year.

  • Net income over the same four quarters: $7.0B, a 15.1% net margin.

  • Diluted earnings per share, trailing twelve months: $18.59.

  • Free cash flow in the twelve months to 30 June 2026: $7.3B.

  • Thermo Fisher Scientific, Inc. spent $5.0B on share buybacks and $662.0M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 369.7M.

  • Trailing P/E: 37.1×; forward P/E: 25.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.27%, paying out 10% of earnings.

  • Thermo Fisher Scientific, Inc. employs 125,000 people — $371K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 29 Oct 2026

Data provided by Twelve Data

Peers

TMO vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelDiagnostics & Research
CompanyMarket capTKN rank
TMOThermo Fisher Scientific, Inc.$260.4B82
DHRDanaher Corp.$165.3B74
NTRANatera, Inc.$58.6B72
AAgilent Technologies, Inc.$51.4B90
WATWaters Corp.$46.8B58
IQVIQVIA Holdings, Inc.$45.9B87
IDXXIDEXX Laboratories, Inc.$44.9B95

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Thermo Fisher Scientific, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest TMO news & analysis

Parnassus Value Equity Fund Q3 2026 Portfolio Review

Seeking Alpha · 27 Oct 2026positive

Parnassus Value Equity Fund (Investor Shares) returned -1.38% net of fees in the quarter, trailing the Russell 1000 Value Index's 2.61% return. Thermo Fisher was listed among the fund’s top contributors.

Why it matters — Thermo Fisher’s inclusion among the fund’s top contributors indicates it aided the portfolio’s performance during the quarter.

Baron Health Care Fund Q3 2026 Top Contributors And Detractors

Seeking Alpha · 26 Oct 2026positive

The excerpt reports that TMO’s organic growth was 5%, 200 basis points above consensus, and that management raised full-year organic growth guidance. It also notes sales and guidance updates for MTD and TEVA.

Why it matters — TMO watchers may note the company’s reported growth exceeded consensus and its full-year organic growth guidance was raised.

Thermo Fisher: You Don't Need A Microscope To See The Growth Anymore

Seeking Alpha · 21 Oct 2026positive

Thermo Fisher reported 6% organic growth in Q3, with sales and EPS above expectations, and raised its full-year guidance. Growth was supported by demand in clinical research, bioproduction, and electron microscopy, while operating margin reached 24.5%.

Why it matters — The results highlight ongoing growth across several business areas and a higher full-year outlook for TMO.

Thermo Fisher Scientific: 3 Key Takeaways for Long-Term Investors

The Motley Fool · 21 Oct 2026positive

Thermo Fisher raised its 2026 organic revenue growth outlook to 4%. Third-quarter revenue was $12.14 billion, with 6% organic growth.

Why it matters — The updated outlook and quarterly revenue growth provide TMO watchers with information on the company’s recent performance and expectations.

Nasdaq Gains 1%; Thermo Fisher Scientific Posts Upbeat Earnings

Benzinga · 21 Oct 2026positive

Thermo Fisher Scientific reported upbeat third-quarter results and raised its FY2026 forecast, according to the excerpt.

Why it matters — TMO watchers may note the company’s positive earnings update and higher full-year forecast.

FAQ

Frequently asked questions about TMO stock

What is the TMO stock price forecast for 2026-2027?

The 27 Wall Street analysts covering Thermo Fisher Scientific, Inc. have a median 12-month price target of $750, with estimates ranging from $560 to $830. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is TMO stock a buy right now?

Of the 27 analysts covering Thermo Fisher Scientific, Inc., 23 rate it a Buy, 3 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Thermo Fisher Scientific, Inc. 82 out of 100 across roughly 4,600 US stocks as at 28 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank TMO?

As at 28 Oct 2026, Thermo Fisher Scientific, Inc. ranks 82 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (96 of 100).

Will TMO stock go up?

No one can know that. What the data says: the median 12-month target from 27 analysts implies +5.8% from the last close, and Ticker Nerd's factor model ranks Thermo Fisher Scientific, Inc. 82 out of 100 as at 28 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the TMO stock forecast for 2030?

No analyst covering Thermo Fisher Scientific, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for TMO are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $560 to $830 over the next 12 months.

How has TMO stock performed over the past year?

Thermo Fisher Scientific, Inc. returned +27.5% over the 12 months to 29 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Thermo Fisher Scientific, Inc. do?

Thermo Fisher Scientific Inc. is a global life sciences and laboratory technology company providing products, services, and specialized expertise that support scientific research, clinical diagnostics, pharmaceutical development, and biopharmaceutical manufacturing.

What is the latest news on TMO?

The most recent item we track (Seeking Alpha, 27 Oct 2026): "Parnassus Value Equity Fund Q3 2026 Portfolio Review". Parnassus Value Equity Fund (Investor Shares) returned -1.38% net of fees in the quarter, trailing the Russell 1000 Value Index's 2.61% return. Thermo Fisher was listed among the fund’s top contributors.

Company

About Thermo Fisher Scientific, Inc.

Thermo Fisher Scientific Inc. is a global life sciences and laboratory technology company providing products, services, and specialized expertise that support scientific research, clinical diagnostics, pharmaceutical development, and biopharmaceutical manufacturing. Its portfolio includes analytical instruments, laboratory equipment, research reagents, consumables, genetic analysis tools, and specialty diagnostic products used to identify and monitor diseases. The company also provides laboratory services, clinical research support, bioprocessing solutions, and contract development and manufacturing services for pharmaceutical and biotechnology organizations. Thermo Fisher Scientific Inc. serves academic institutions, hospitals, government laboratories, pharmaceutical companies, biotechnology firms, and industrial researchers across international markets. Its operations span analytical technologies, specialty diagnostics, life science solutions, and laboratory products and services. By combining instruments, consumables, digital capabilities, and outsourced laboratory expertise, the company supports workflows ranging from basic research and drug discovery to clinical testing, quality control, and commercial-scale biomanufacturing. This broad operating profile gives Thermo Fisher Scientific Inc. a significant role in the infrastructure of modern healthcare, life sciences, and scientific research.

CEO Mr. Marc N. Casper · 125,000 employees · United States · https://www.thermofisher.com