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Thermo Fisher Scientific (TMO) Stock Forecast & Price Target

Thermo Fisher Scientific logo
$614.11 +4.29 (+0.70%)
Closing price 09/14/2026 03:59 PM Eastern
Extended Trading
$620.52 +6.42 (+1.05%)
As of 05:21 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

Thermo Fisher Scientific - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
2
Hold
5
Buy
19

Based on 26 Wall Street analysts who have issued ratings for Thermo Fisher Scientific in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 26 analysts, 2 have given a sell rating, 5 have given a hold rating, 17 have given a buy rating, and 2 have given a strong buy rating for TMO.

Consensus Price Target

$624.64
1.71% Upside
According to the 26 analysts' twelve-month price targets for Thermo Fisher Scientific, the average price target is $624.64. The highest price target for TMO is $750.00, while the lowest price target for TMO is $520.00. The average price target represents a forecasted upside of 1.71% from the current price of $614.11.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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TMO Analyst Ratings Over Time

TypeCurrent Forecast
9/15/25 to 9/15/26
1 Month Ago
8/16/25 to 8/16/26
3 Months Ago
6/17/25 to 6/17/26
1 Year Ago
9/15/24 to 9/15/25
Strong Buy
2 Strong Buy rating(s)
1 Strong Buy rating(s)
2 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
17 Buy rating(s)
17 Buy rating(s)
18 Buy rating(s)
17 Buy rating(s)
Hold
5 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
Sell
2 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$624.64$619.41$608.95$592.24
Forecasted Upside1.71% Upside5.31% Upside32.20% Upside24.75% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate Buy

TMO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TMO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Thermo Fisher Scientific Stock vs. The Competition

TypeThermo Fisher ScientificHealthcare CompaniesBroader Market
Consensus Rating Score
2.73
2.30
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside1.71% Upside848.17% Upside16.51% Upside
News Sentiment Rating
Positive News

See Recent TMO News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/9/2026
Piper Sandler logo
Piper Sandler
2 of 5 stars
David Westenberg
David Westenberg
4 of 5 stars
Initiated CoverageHoldOverweight
9/9/2026
Scotiabank logo
Scotiabank
4 of 5 stars
 Initiated CoverageOutperform
9/9/2026 DowngradeMarket Perform
9/9/2026DowngradeOverweightUnderweight
9/9/2026 DowngradeBuyUnderperform
9/9/2026 DowngradeBuyHold
9/8/2026UpgradeNeutralBuy$540.00 ➝ $730.00+20.97%
9/3/2026Initiated CoverageOutperformC$748.00
9/1/2026UpgradeHoldStrong-Buy
8/28/2026 UpgradeHold (C)Hold (C+)
8/5/2026Set Target$650.00+14.50%
7/24/2026Boost TargetOverweight$620.00 ➝ $650.00+14.57%
7/24/2026Boost TargetSector Perform$490.00 ➝ $580.00+2.72%
7/24/2026Boost TargetOverweight$625.00 ➝ $650.00+13.35%
7/23/2026 Reiterated RatingBuy$630.00+9.86%
7/6/2026 Set Target$570.00+11.06%
6/26/2026Initiated CoverageMarket Perform$520.00+2.73%
6/2/2026Initiated CoverageOutperform$535.00+8.48%
5/26/2026 Reiterated RatingOverweight
4/24/2026Lower TargetOutperform$653.00 ➝ $639.00+36.85%
3/27/2026 Initiated CoverageBuy$610.00+24.85%
1/30/2026Lower TargetBuy$696.00 ➝ $683.00+18.43%
12/9/2025Initiated CoverageBuy$685.00+20.63%
10/29/2025Boost TargetBuy$580.00 ➝ $610.00+6.91%
10/22/2025Boost TargetOutperform$545.00 ➝ $580.00+2.04%
10/9/2025Boost TargetOverweight$600.00 ➝ $650.00+21.11%
10/8/2025 Set Target$580.00+7.50%
8/18/2025Initiated CoverageOutperform
7/24/2025Reiterated RatingOutperform$525.00 ➝ $535.00+11.59%
12/13/2024 Lower TargetBuy$675.00 ➝ $660.00+26.05%
10/22/2024 Boost TargetMarket Perform$565.00 ➝ $625.00+6.30%
10/1/2024Initiated CoverageOverweight$680.00+9.93%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 05:30 AM ET.


Should I Buy Thermo Fisher Scientific Stock? TMO Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 14, 2026. Please send any questions or comments about these Thermo Fisher Scientific pros and cons to contact@marketbeat.com.

Thermo Fisher Scientific
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Thermo Fisher Scientific Inc.:

  • Thermo Fisher Scientific Inc. recently demonstrated strong financial performance by beating analyst expectations in its most recent quarterly report, posting earnings per share of $6.03 against a consensus estimate of $5.71 and generating revenue of $11.99 billion, which exceeded the projected $11.71 billion. This beat was accompanied by a 10.5% year-over-year increase in revenue, indicating robust demand for the company's life sciences solutions and analytical instruments.
  • The stock is currently trading at $614.11, which is well above its 50-day simple moving average of $580.40 and significantly higher than its 200-day simple moving average of $518.55. This technical positioning suggests strong upward momentum and investor confidence in the company's trajectory over the recent period.
  • Wall Street maintains a positive outlook on the company, with a consensus rating of "Moderate Buy" and an average price target of $619.40 as of late August 2026. Recent analyst actions include UBS lifting its price target to $730 and CLSA initiating coverage with an "outperform" rating, reflecting growing institutional support for the stock.
  • Thermo Fisher Scientific Inc. has raised its full-year 2026 earnings per share guidance to a range of $24.93 to $25.33, which is above the consensus estimate of $24.85. This upward revision signals management's confidence in sustaining growth and profitability throughout the remainder of the fiscal year.
  • The company maintains a healthy financial position with a current ratio of 1.55 and a quick ratio of 1.18, indicating sufficient liquidity to cover short-term obligations. Additionally, the debt-to-equity ratio of 0.74 suggests a manageable level of leverage, providing a stable foundation for future investments and operations.

Thermo Fisher Scientific
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Thermo Fisher Scientific Inc. for these reasons:

  • There has been significant insider selling activity in the recent months, with executives such as CEO Marc N. Casper and EVP Michael D. Shafer selling substantial blocks of shares. For instance, Michael D. Shafer sold 25,500 shares in August 2026, and Marc N. Casper sold multiple tranches of shares in August 2026, which may signal reduced internal confidence or a desire to diversify personal holdings.
  • Some institutional investors have reduced their stakes in the company recently. For example, NewEdge Advisors LLC decreased its holdings by 12.1% in the second quarter, and Baird Financial Group Inc. lowered its stake by 18.9% during the same period, suggesting that some large investors are taking profits or repositioning their portfolios away from the stock.
  • The stock's price-to-earnings ratio stands at 33.03, which is relatively high compared to broader market averages. This valuation may leave little room for error if future earnings growth slows or if macroeconomic conditions negatively impact the life sciences sector, potentially leading to a correction in the stock price.
  • Short interest in the stock has increased slightly, with shares shorted rising to 5,690,588 as of August 31, 2026, up from 4,744,180 in the previous month. This increase in short interest indicates that some market participants are betting against the stock's future performance, which could create downward pressure on the price.
  • Thermo Fisher Scientific Inc. has a low dividend yield of 0.31%, which may be unattractive to income-focused investors seeking higher returns from dividends. While the company pays a quarterly dividend, the current yield is modest and may not provide sufficient income generation compared to other investment options in the healthcare sector.

TMO Forecast - Frequently Asked Questions

According to the research reports of 26 Wall Street equities research analysts, the average twelve-month stock price forecast for Thermo Fisher Scientific is $624.64, with a high forecast of $750.00 and a low forecast of $520.00.

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Thermo Fisher Scientific in the last twelve months. There are currently 2 sell ratings, 5 hold ratings, 17 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TMO shares.

According to analysts, Thermo Fisher Scientific's stock has a predicted upside of 1.71% based on their 12-month stock forecasts.

Over the previous 90 days, Thermo Fisher Scientific's stock had 5 upgrades and 5 downgrades by analysts.

Analysts like Thermo Fisher Scientific more than other "healthcare" companies. The consensus rating for Thermo Fisher Scientific is Moderate Buy while the average consensus rating for "healthcare" companies is Hold. Learn more on how TMO compares to other companies.


MarketBeat monitors more than a dozen sources for Thermo Fisher Scientific analyst ratings, with the most recent rating issued on 9/9/2026.
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