Thermo Fisher Scientific (TMO) Stock Forecast & Price Target

$500.24 +16.48 (+3.41%)

Closing price 03:59 PM Eastern

Extended Trading

$501.00 +0.76 (+0.15%)

As of 07:58 PM Eastern

Thermo Fisher Scientific - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Moderate Buy

Based on 22 Analyst Ratings

Sell
0

Hold
6

Buy
16

Based on 22 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 22 analysts, 6 have given a hold rating, and 16 have given a buy rating for TMO.

Consensus Price Target

$593.00
18.54% Upside

According to the 22 analysts' twelve-month price targets for Thermo Fisher Scientific, the average price target is $593.00. The highest price target for TMO is $686.00, while the lowest price target for TMO is $470.00. The average price target represents a forecasted upside of 18.54% from the current price of $500.24.

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TMO Analyst Ratings Over Time

Type	Current Forecast 8/22/24 to 8/22/25	1 Month Ago 7/23/24 to 7/23/25	3 Months Ago 5/24/24 to 5/24/25	1 Year Ago 8/23/23 to 8/22/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	16 Buy rating(s)	16 Buy rating(s)	17 Buy rating(s)	13 Buy rating(s)
Hold	6 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$593.00	$599.30	$607.43	$618.94
Forecasted Upside	18.54% Upside	28.37% Upside	54.35% Upside	2.50% 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	S&P 500
Consensus Rating Score	2.73	2.79	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	18.54% Upside	13,202.77% Upside	9.66% 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 to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/18/2025	William Blair 2 of 5 stars	Matt Larew Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform
7/24/2025	Hsbc Global Res 5 of 5 stars		Downgrade	Strong-Buy ➝ Hold
7/24/2025	UBS Group 3 of 5 stars	Dan Leonard Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$460.00 ➝ $500.00	+4.59%
7/24/2025	Raymond James Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Andrew Cooper Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$525.00 ➝ $535.00	+11.59%
7/24/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Brandon Couillard Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$570.00 ➝ $565.00	+17.74%
7/24/2025	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold	$510.00	+6.01%
7/24/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Luke Sergott Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$450.00 ➝ $490.00	+4.96%
7/24/2025	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Catherine Schulte Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$553.00 ➝ $567.00	+21.45%
7/11/2025	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Sung Ji Nam Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Sector Outperform	$590.00	+36.75%
7/8/2025	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Vijay Kumar Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$500.00 ➝ $480.00	+14.62%
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4/29/2025	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	David Toung Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$620.00 ➝ $470.00	+10.27%
4/24/2025	Royal Bank Of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Conor McNamara Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$651.00 ➝ $637.00	+51.31%
4/24/2025	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Daniel Arias Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$665.00 ➝ $620.00	+46.59%
4/23/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Matthew Sykes Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Buy ➝ Buy	$610.00	+41.10%
3/4/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Patrick Donnelly Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$650.00 ➝ $570.00	+10.42%
1/31/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Tejas Savant Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$647.00 ➝ $678.00	+12.52%
1/10/2025	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Burstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$630.00	+15.60%
12/13/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$675.00 ➝ $660.00	+26.05%
10/22/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$656.00 ➝ $686.00	+16.92%
10/22/2024	Bernstein Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$565.00 ➝ $625.00	+6.30%
10/14/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Clark Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$680.00	+13.74%
10/1/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Johnson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$680.00	+9.93%
9/20/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$650.00 ➝ $670.00	+9.13%
6/3/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold ➝ Buy	$600.00 ➝ $650.00	+14.44%
4/25/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$600.00 ➝ $610.00	+6.54%
12/13/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$575.00	+15.58%
10/26/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Sector Weight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 11:11 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 Friday, August 22, 2025. 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 $479.98, which may present a buying opportunity for investors looking for growth in the life sciences sector.
The company reported strong quarterly earnings, exceeding analysts' expectations with earnings per share of $5.36, indicating robust financial health and operational efficiency.
Thermo Fisher Scientific Inc. has shown a revenue increase of 2.9% compared to the same quarter last year, suggesting a positive growth trajectory in its business operations.
The firm has a solid return on equity of 16.82%, which reflects effective management and the ability to generate profits from shareholders' equity.
With a low dividend payout ratio of 9.95%, the company retains a significant portion of its earnings for reinvestment, which could lead to future growth and increased shareholder value.

Thermo Fisher Scientific
Bear Case

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

Insider selling has been notable, with executives recently selling shares, which may indicate a lack of confidence in the stock's short-term performance.
The stock has experienced a decrease in ownership percentage among corporate insiders, which could suggest a shift in sentiment regarding the company's future prospects.
Despite recent revenue growth, the company’s earnings per share have slightly declined compared to the same quarter last year, which may raise concerns about sustainability.
The dividend yield is relatively low at 0.3%, which may not attract income-focused investors looking for higher returns from dividends.
The stock has a twelve-month high of $627.88, indicating potential volatility and the risk of price corrections, which could affect short-term investors.

TMO Forecast - Frequently Asked Questions

: According to the research reports of 22 Wall Street equities research analysts, the average twelve-month stock price forecast for Thermo Fisher Scientific is $593.00, with a high forecast of $686.00 and a low forecast of $470.00.
: 22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Thermo Fisher Scientific in the last year. There are currently 6 hold ratings and 16 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 18.54% based on their 12-month stock forecasts.
: Over the previous 90 days, Thermo Fisher Scientific's stock had 2 downgrades and 1 upgrade by analysts.
: Thermo Fisher Scientific has been rated by research analysts at Barclays, Evercore ISI, Hsbc Global Res, HSBC, Raymond James Financial, Robert W. Baird, Scotiabank, UBS Group, Wells Fargo & Company, and William Blair in the past 90 days.
: Analysts like Thermo Fisher Scientific less than other "medical" companies. The consensus rating score for Thermo Fisher Scientific is 2.73 while the average consensus rating score for "medical" companies is 2.79. Learn more on how TMO compares to other companies.

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This page (NYSE:TMO) was last updated on 8/22/2025 by MarketBeat.com Staff

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Thermo Fisher Scientific (TMO) Stock Forecast & Price Target