TMOTMOHealthcare · Diagnostics & Research

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

Last close, 8 Oct 2026
$652
−1.52% on the day

The 27 Wall Street analysts covering Thermo Fisher Scientific, Inc. hold a median 12-month price target of $660 — +1.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 82 of 100 as at 8 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$244.8B
Ticker Nerd rank
82 / 100
Median analyst target
$660
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
−0.1%
1M
+8.2%
YTD
+12.8%
1Y
+22.0%
From 52W high
−4.1%
From 52W low
+49.0%
$438
$680
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 8 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
94
Value
90
Momentum
84
Revisions
84
Quality
79
Growth
65
Issuance
50
Accruals
35
Size
1

Volatility (94): The share price has been relatively steady.

Accruals (35): 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 quant trader with fourteen 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$800Jan 26Apr 26Jul 26Oct 26TMOHigh $780Median $660Low $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 $660High $780

The green dot is the last close — the median target sits +1.2% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 5 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
9 Sept 2026UBSAssumesBuy$540 → $730
3 Sept 2026CLSAInitiatesOutperform$748
27 July 2026Morgan StanleyMaintainsOverweight—
27 July 2026Morgan StanleyMaintainsOverweight$620 → $650
27 July 2026Piper SandlerMaintainsNeutral—
27 July 2026Piper SandlerMaintainsNeutral$510 → $600
24 July 2026BarclaysMaintainsOverweight$625 → $650
24 July 2026BarclaysMaintainsOverweight—
24 July 2026RBC CapitalMaintainsSector Perform$490 → $580
24 July 2026RBC CapitalMaintainsSector Perform—
6 July 2026Evercore ISI GroupMaintainsOutperform—
6 July 2026Evercore ISI GroupMaintainsOutperform$575 → $570
26 June 2026BernsteinReinstatesMarket Perform$520
11 June 2026Piper SandlerInitiatesNeutral—
3 June 2026HSBCDowngradeHold—
2 June 2026Wolfe ResearchAssumesOutperform$535
8 May 2026Wells FargoMaintainsOverweight—
24 Apr 2026BairdMaintainsOutperform—
24 Apr 2026StifelMaintainsBuy—
14 Apr 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.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. TMO appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

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 8 Oct 2026, Thermo Fisher Scientific, Inc. returned +22.0% against +16.2% 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
+1.1%
Analysts raising
24
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
34.3×

Cheaper than 22% of US stocks

Price / sales
5.1×

Cheaper than 24% of US stocks

Price / book
4.5×

Cheaper than 22% of US stocks

EV / EBITDA
24.0×

Cheaper than 12% of US stocks

Growth & margins
Revenue growth (YoY)
10.5%

Higher than 53% of US stocks

Earnings growth (YoY)
7.4%

Higher than 44% of US stocks

Gross margin
40.7%

Higher than 50% of US stocks

Operating margin
18.8%

Higher than 77% of US stocks

Net margin
15.0%

Higher than 78% of US stocks

Returns & dividend
Return on equity
13.5%

Higher than 72% of US stocks

Return on assets
5.1%

Higher than 77% 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 $244.8B and an enterprise value of $281.4B.

  • Revenue in the twelve months to 30 June 2026: $46.3B. The latest quarter grew 10.5% 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: 34.3×; forward P/E: 23.1× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.29%, 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 8 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.$244.8B
82
DHRDanaher Corp.$153.6B
79
NTRANatera, Inc.$53.9B
82
AAgilent Technologies, Inc.$47.7B
86
IQVIQVIA Holdings, Inc.$42.6B
92
WATWaters Corp.$42.1B
52
IDXXIDEXX Laboratories, Inc.$41.0B
91

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

Is This the Right Time to Add TMO Stock to Your Portfolio?

Zacks Investment Research · 7 Oct 2026neutral

The item says Thermo Fisher's growth is gaining momentum, supported by innovation, acquisitions and strength across end markets, while noting ongoing macroeconomic and currency risks.

Why it matters — TMO watchers may weigh the growth drivers against the macroeconomic and currency risks highlighted in the report.

Zacks Industry Outlook Globus Medical, Intuitive Surgical and Thermo Fisher Scientific

Zacks Investment Research · 6 Oct 2026neutral

Zacks Investment Research published an Industry Outlook article in which Thermo Fisher Scientific, along with Globus Medical and Intuitive Surgical, was highlighted. The article focuses on the companies within the industry outlook context.

Why it matters — TMO watchers would care because the company is being featured in an industry-level analysis, which may signal how it is positioned within its sector.

Thermo Fisher Scientific Showcases New Solutions and Expanded Capabilities to Accelerate Drug Development at CPHI Milan 2026

Business Wire · 6 Oct 2026positive

Thermo Fisher Scientific announced it is expanding its drug development, manufacturing, and clinical capabilities to help pharmaceutical and biotech companies navigate increasingly complex commercialization paths. The company will showcase these new offerings, including OSD Express, at CPHI Milan 2026, held Oct. 6-8.

Why it matters — The expansion of Thermo Fisher's drug development and manufacturing offerings signals continued growth and competitive positioning in a key market for the company.

3 Medical Instruments Stocks Using GenAI to Navigate Industry Woes

Zacks Investment Research · 5 Oct 2026neutral

Zacks Investment Research highlights medical instruments companies including GMED, ISRG, and Thermo Fisher Scientific (TMO) as using generative AI to create growth opportunities amid industry challenges. The article notes that evolving regulations and industry risks are likely to shape how these companies adopt GenAI.

Why it matters — TMO watchers would care because the article points to GenAI adoption as a potential growth avenue for the company, while also flagging regulatory and industry risks that could influence how such technology is implemented.

Thermo Fisher Scientific Proteomics Technologies Enable Discovery of More Than 2,500 New Biological Associations in PRECISE-SG100K Study

Business Wire · 5 Oct 2026positive

Thermo Fisher Scientific announced that its strategic collaboration with PRECISE and NTU Singapore yielded the discovery of more than 2,500 previously unreported genetic-protein associations. The findings were enabled by combining Thermo Fisher's complementary proteomics technologies with PRECISE-SG100K's large-scale health and genomic data.

Why it matters — The result highlights the practical application and scientific impact of Thermo Fisher's proteomics technologies in large-scale research collaborations, underscoring their value in advancing biological discovery.

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 $660, with estimates ranging from $560 to $780. 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 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank TMO?

As at 8 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 (94 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 +1.2% from the last close, and Ticker Nerd's factor model ranks Thermo Fisher Scientific, Inc. 82 out of 100 as at 8 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 $780 over the next 12 months.

How has TMO stock performed over the past year?

Thermo Fisher Scientific, Inc. returned +22.0% over the 12 months to 8 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 company that provides analytical instruments, laboratory products, specialty diagnostics, and biopharma services.

What is the latest news on TMO?

The most recent item we track (Zacks Investment Research, 7 Oct 2026): "Is This the Right Time to Add TMO Stock to Your Portfolio?". The item says Thermo Fisher's growth is gaining momentum, supported by innovation, acquisitions and strength across end markets, while noting ongoing macroeconomic and currency risks.

Company

About Thermo Fisher Scientific, Inc.

Thermo Fisher Scientific Inc. is a global life sciences company that provides analytical instruments, laboratory products, specialty diagnostics, and biopharma services. Its portfolio supports scientific research, clinical testing, drug discovery, and pharmaceutical manufacturing through a broad range of instruments, reagents, consumables, software, and services. The company serves customers across pharmaceutical and biotechnology firms, hospitals, clinical diagnostic laboratories, universities, research institutions, and government agencies. Thermo Fisher Scientific Inc. operates through several business segments that address research, analysis, diagnostics, and laboratory workflow needs, making it an important supplier to healthcare, industrial, and scientific markets worldwide. Headquartered in Waltham, Massachusetts, Thermo Fisher Scientific Inc. is recognized for its role in enabling laboratory productivity and supporting the development, testing, and production of modern therapies and diagnostics.

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