Thermo Fisher Scientific (TMO) Stock Forecast & Price Target

$522.38 -1.06 (-0.20%)

Closing price 07/2/2026 03:59 PM Eastern

Extended Trading

$524.49 +2.11 (+0.40%)

As of 07/2/2026 07:48 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 26 Analyst Ratings

Sell
0

Hold
6

Buy
20

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, 6 have given a hold rating, 18 have given a buy rating, and 2 have given a strong buy rating for TMO.

Consensus Price Target

$605.09
15.83% Upside

According to the 26 analysts' twelve-month price targets for Thermo Fisher Scientific, the average price target is $605.09. The highest price target for TMO is $750.00, while the lowest price target for TMO is $490.00. The average price target represents a forecasted upside of 15.83% from the current price of $522.38.

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

Type	Current Forecast 7/5/25 to 7/5/26	1 Month Ago 6/5/25 to 6/5/26	3 Months Ago 4/6/25 to 4/6/26	1 Year Ago 7/5/24 to 7/5/25
Strong Buy	2 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	18 Buy rating(s)	18 Buy rating(s)	19 Buy rating(s)	16 Buy rating(s)
Hold	6 Hold rating(s)	4 Hold rating(s)	2 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$605.09	$613.67	$632.50	$604.05
Forecasted Upside	15.83% Upside	29.75% Upside	29.65% Upside	41.05% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate 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.

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.

Thermo Fisher Scientific Stock vs. The Competition

Type	Thermo Fisher Scientific	Medical Companies	Broader Market
Consensus Rating Score	2.85	2.30	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	15.83% Upside	715.96% Upside	13.30% Upside
News Sentiment Rating	Positive News See Recent TMO News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
6/29/2026	Weiss Ratings 5 of 5 stars		Downgrade	Hold (C) ➝ Hold (C-)
6/26/2026	Sanford C. Bernstein 3 of 5 stars	Eve Burstein Not Rated	Initiated Coverage	Market Perform	$520.00	+2.73%
6/11/2026	Piper Sandler 2 of 5 stars	David Westenberg 4 of 5 stars	Initiated Coverage	Neutral	$510.00	+5.56%
6/3/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Sidharth Sahoo Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Buy ➝ Hold	$670.00 ➝ $540.00	+12.36%
6/2/2026	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mike Polark Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Outperform	$535.00	+8.48%
5/26/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Overweight
5/14/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target	Sector Perform	$490.00	+9.35%
5/8/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brandon Couillard Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$675.00 ➝ $615.00	+33.17%
4/27/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Overweight	$620.00	+31.53%
4/24/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong-Buy
Get the Latest News and Ratings for TMO and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Thermo Fisher Scientific and its competitors with MarketBeat's FREE daily newsletter.
4/24/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Daniel Arias Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$700.00 ➝ $600.00	+28.50%
4/24/2026	Robert W. Baird Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Catherine Schulte Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Outperform	$653.00 ➝ $639.00	+36.85%
4/14/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Luke Sergott Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$650.00 ➝ $625.00	+18.54%
3/27/2026	DZ Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Buy	$610.00	+24.85%
1/30/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Dan Leonard Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Neutral	$615.00	+6.13%
1/30/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Patrick Donnelly Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$660.00 ➝ $685.00	+15.48%
1/30/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Dan Brennan Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$696.00 ➝ $683.00	+18.43%
1/5/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Vijay Kumar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Outperform	$650.00	+7.53%
12/9/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Evie Koslosky Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Buy	$685.00	+20.63%
10/29/2025	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Toung Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$580.00 ➝ $610.00	+6.91%
10/23/2025	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
10/22/2025	Leerink Partners Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Puneet Souda Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$545.00 ➝ $580.00	+2.04%
10/9/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Casey Woodring Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$600.00 ➝ $650.00	+21.11%
10/8/2025	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$580.00	+7.50%
8/18/2025	William Blair Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Matt Larew Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Outperform
7/24/2025	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andrew Cooper Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Outperform	$525.00 ➝ $535.00	+11.59%
7/11/2025	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Sung Ji Nam Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Sector Perform ➝ Sector Outperform	$590.00	+36.75%
12/13/2024	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Buy	$675.00 ➝ $660.00	+26.05%
10/22/2024	Bernstein Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Market Perform	$565.00 ➝ $625.00	+6.30%
10/1/2024	Stephens Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	J. Johnson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Overweight	$680.00	+9.93%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 05:13 PM 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 Saturday, July 4, 2026. Please send any questions or comments about these Thermo Fisher Scientific pros and cons to contact@marketbeat.com.

Thermo Fisher Scientific
Bull Case

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

The current stock price is around $643, reflecting strong market performance and investor confidence in the company's growth potential.
Thermo Fisher Scientific Inc. reported a significant increase in quarterly revenue, demonstrating a year-over-year growth of 6.2%, which indicates robust demand for its products and services.
The company has a solid return on equity of 16.86%, suggesting effective management and a strong ability to generate profits from shareholders' investments.
With a low payout ratio of 10.34%, the company retains a large portion of its earnings for reinvestment, which could lead to future growth and increased shareholder value.
Analysts forecast earnings per share of approximately 24.85 for the current year, indicating positive expectations for the company's profitability moving forward.

Thermo Fisher Scientific
Bear Case

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

The price-to-earnings ratio of 27.77 may suggest that the stock is overvalued compared to its earnings, which could deter value-focused investors.
The price-to-earnings-growth ratio of 2.27 indicates that the stock's price may be high relative to its expected earnings growth, which could limit upside potential.
With a beta of 0.88, the stock is less volatile than the market, which may not appeal to investors seeking high-risk, high-reward opportunities.
Despite recent revenue growth, the company operates in a competitive market, which could impact future profitability and market share.
The dividend yield of 0.4% is relatively low, which may not attract income-focused investors looking for higher returns from dividends.

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 $605.09, with a high forecast of $750.00 and a low forecast of $490.00.

26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Thermo Fisher Scientific in the last twelve months. There are currently 6 hold ratings, 18 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TMO shares.

According to analysts, Thermo Fisher Scientific's stock has a predicted upside of 15.83% based on their 12-month stock forecasts.

Over the previous 90 days, Thermo Fisher Scientific's stock had 4 upgrades and 3 downgrades by analysts.

Thermo Fisher Scientific has been rated by research analysts at Barclays, HSBC, Jefferies Financial Group, KeyCorp, Morgan Stanley, Piper Sandler, Robert W. Baird, Royal Bank Of Canada, Sanford C. Bernstein, Stifel Nicolaus, Weiss Ratings, Wells Fargo & Company, and Wolfe Research in the past 90 days.

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

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This page (NYSE:TMO) was last updated on 7/5/2026 by MarketBeat.com Staff.

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Thermo Fisher Scientific (TMO) Stock Forecast & Price Target

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

Consensus Rating

Consensus Price Target

TMO Analyst Ratings Over Time

TMO Analyst Recommendations By Month

TMO Price Targets by Month

Thermo Fisher Scientific Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Thermo Fisher Scientific
Bull Case

Thermo Fisher Scientific
Bear Case

TMO Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Thermo Fisher Scientific Recommendations

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Thermo Fisher Scientific (TMO) Stock Forecast & Price Target

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

Consensus Rating

Consensus Price Target

TMO Analyst Ratings Over Time

TMO Analyst Recommendations By Month

TMO Price Targets by Month

Thermo Fisher Scientific Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Thermo Fisher Scientific Bull Case

Thermo Fisher Scientific Bear Case

TMO Forecast - Frequently Asked Questions

What is Thermo Fisher Scientific's forecast for 2026?

Should I buy or sell Thermo Fisher Scientific stock right now?

Does Thermo Fisher Scientific's stock price have much upside?

Has Thermo Fisher Scientific been upgraded or downgraded by Wall Street analysts recently?

What analysts cover Thermo Fisher Scientific?

Do Wall Street analysts like Thermo Fisher Scientific more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Thermo Fisher Scientific Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Thermo Fisher Scientific
Bull Case

Thermo Fisher Scientific
Bear Case