TMOTMOHealthcare · Diagnostics & Research

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

Last close, 15 Oct 2026
$696
+3.46% on the day

The 27 Wall Street analysts covering Thermo Fisher Scientific, Inc. hold a median 12-month price target of $690 — -0.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 84 of 100 as at 14 Oct 2026 — inside the top quartile. The factors read stronger than the Street's target implies. That gap is the story on this page.

Market cap
$248.9B
Ticker Nerd rank
84 / 100
Median analyst target
$690
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
+6.8%
1M
+8.6%
YTD
+20.5%
1Y
+32.4%
From 52W high
0.0%
From 52W low
+59.2%
$438
$696
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 14 Oct 2026
84 / 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
92
Value
90
Revisions
85
Quality
79
Growth
64
Issuance
50
Accruals
35
Size
1

Volatility (96): 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 $800Median $690Low $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 $690High $800

The green dot is the last close — the median target sits −0.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 8 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
13 Oct 2026Morgan StanleyMaintainsOverweight$650 → $730
13 Oct 2026TD CowenMaintainsBuy$675 → $760
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—
24 July 2026BarclaysMaintainsOverweight$625 → $650
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

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 15 Oct 2026, Thermo Fisher Scientific, Inc. returned +32.4% against +16.9% for the S&P 500, dividends included.

TMO vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120130140Jan 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
1
Analysts cutting
3
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
36.2×

Cheaper than 21% of US stocks

Price / sales
5.4×

Cheaper than 23% of US stocks

Price / book
4.7×

Cheaper than 21% of US stocks

EV / EBITDA
24.5×

Cheaper than 11% 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 $248.9B and an enterprise value of $287.5B.

  • 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: 36.2×; forward P/E: 24.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.28%, 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 15 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.$248.9B
84
DHRDanaher Corp.$158.7B
83
NTRANatera, Inc.$54.5B
79
AAgilent Technologies, Inc.$49.3B
88
IQVIQVIA Holdings, Inc.$43.1B
94
WATWaters Corp.$42.8B
54
IDXXIDEXX Laboratories, Inc.$42.2B
92

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

Pfizer, Thermo Fisher Scientific And More: CNBC's ‘Final Trades'

Benzinga · 15 Oct 2026neutral

On CNBC’s “Halftime Report Final Trades,” Stephen Weiss picked the U.S. 10 Year Treasury. The excerpt does not say that he selected Thermo Fisher Scientific.

Why it matters — The headline mentions Thermo Fisher, but the excerpt provides no company-specific news or commentary for TMO watchers.

Thermo Fisher Scientific (TMO) Reports Next Week: Wall Street Expects Earnings Growth

Zacks Investment Research · 14 Oct 2026negative

Zacks Investment Research says Thermo Fisher is scheduled to report next week, with Wall Street expecting earnings growth. The excerpt says the company lacks the combination of two key ingredients for a likely earnings beat.

Why it matters — TMO watchers may note the upcoming report and the excerpt’s caution that a likely earnings beat is not supported by those indicators.

How to Invest in AI Drug Discovery

ETF Trends · 14 Oct 2026neutral

Danaher announced plans to launch its first AI-powered autonomous laboratory, scheduled to operate at commercial scale in early 2027. The announcement marks a development in life science automation, though trading barely moved on the news date.

Why it matters — A TMO watcher may note the development as an example of AI-driven automation in the life sciences sector.

Thermo Fisher to Report Q3 Earnings: What's in the Cards?

Zacks Investment Research · 13 Oct 2026positive

Thermo Fisher is preparing to report Q3 earnings, with revenue and EPS growth expected. The excerpt cites strong bioproduction demand, product innovations and clinical research strength.

Why it matters — The earnings report will provide an update on performance in areas identified as supporting expected growth.

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 $690, with estimates ranging from $560 to $800. 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. 84 out of 100 across roughly 4,600 US stocks as at 14 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank TMO?

As at 14 Oct 2026, Thermo Fisher Scientific, Inc. ranks 84 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 -0.9% from the last close, and Ticker Nerd's factor model ranks Thermo Fisher Scientific, Inc. 84 out of 100 as at 14 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 $800 over the next 12 months.

How has TMO stock performed over the past year?

Thermo Fisher Scientific, Inc. returned +32.4% over the 12 months to 15 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 (Benzinga, 15 Oct 2026): "Pfizer, Thermo Fisher Scientific And More: CNBC's ‘Final Trades'". On CNBC’s “Halftime Report Final Trades,” Stephen Weiss picked the U.S. 10 Year Treasury. The excerpt does not say that he selected Thermo Fisher Scientific.

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