Thermo Fisher Scientific (TMO.US) Price Target and Rating 2026/2027

690.21
Price history for Thermo Fisher Scientific (TMO.US) – stock price at $690.21, October 2026
Thermo Fisher Scientific stock price – price development 2026. Updated Oct 17, 2026.
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Thermo Fisher Scientific Price Target 2026: Analysts See 2% Downside

The average price target for Thermo Fisher Scientific is $673.44. This price target represents the analysts' view of the stock price over the next 12 months. The stock appears overvalued, because the price target is lower than the current price. It is -2.43% above the target, and analysts expect the price to fall over the next 12 months. Even if the stock may be overvalued, price momentum can last longer than expected. That is why it is important to keep an eye on the stock and its momentum on an ongoing basis. WallStreetBuys helps you with the technical analysis and keeps you up to date on the development.

Is Thermo Fisher Scientific overvalued or undervalued?

Thermo Fisher Scientific is currently fairly valued with a gap of 2.4% relative to the price target.


The current price is $690.21, which places Thermo Fisher Scientific in the fairly valued category. The stock is considered undervalued when the price is below $606.10, and overvalued when the price exceeds $740.78.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Thermo Fisher Scientific, the fair value range lies between $606.10 and $740.78.


See the full price target analysis for Thermo Fisher Scientific →

Analyst Ratings for Thermo Fisher Scientific stock in 2026: Buy

28 analysts cover Thermo Fisher Scientific. There is broad agreement on a positive view — 82.2% recommend buying. The average price target is $673.44, which is 2.4% below the current price.

Consensus: Buy (4.46/5)
Strong Buy
19 (67.9%)
Buy
4 (14.3%)
Hold
4 (14.3%)
Sell
1 (3.6%)
Strong Sell Sell Hold Buy Strong Buy
4.46 out of 5 based on 28 analysts

About Thermo Fisher Scientific – Diagnostics & Research

Thermo Fisher Scientific makes equipment and solutions used in scientific research and healthcare. The company earns money by selling a wide range of products, from advanced laboratory instruments to everyday lab supplies. These products are used to develop medicines and vaccines. Examples include Bioscience equipment and clinical next-generation sequencing (a technology used to read and analyze DNA).

The company operates worldwide, both in the United States and internationally. Its customers include pharmaceutical companies, universities, and hospitals.

One part of the business, called the Analytical Instruments segment, sells instruments and software used in laboratories and on production lines.

Thermo Fisher Scientific has existed since 2006. It is a well-known name for investors interested in the healthcare sector.
Read more about the company

Key Figures for Thermo Fisher Scientific

$241B Market cap
$46.3B Revenue
Diagnostics & Research Industry
35.09 P/E
5.20 P/S
4.67 P/B
United States Listed on exchange

What kind of stock is Thermo Fisher Scientific?

Momentum stock

Thermo Fisher Scientific is classified as a momentum stock with a momentum score in the top 4% of all stocks. The price has risen 0.0% over the long term.

Score Overview for Thermo Fisher Scientific

💰 Value Score 32/100 (Low)
⭐ Quality Score 60/100 (High)
🚀 Momentum Score 96/100 (Very High)
📊 Total Score 62/100

📈 Valuation

Thermo Fisher Scientific trades at a P/E ratio of 35.1, which is above the market average. The forward P/E is 24.2 (31% lower), which suggests the market expects rising earnings. The P/S ratio is 5.2 (high — the market pays a premium for the revenue). The P/B ratio is 4.7. The PEG ratio is 1.98.

💵 Profitability & Growth

Thermo Fisher Scientific has a profit margin of 15.0% (solid) and an operating margin of 18.8%. Return on equity (ROE) is 13.5% — solid return on equity. Return on assets (ROA) is 5.1%. The latest quarterly earnings grew 9.4% year over year.

🏦 Financial Health

The Piotroski score is 6 out of 9 — good financial health. Altman Z2 is 3.70 (healthy balance sheet — low risk). The debt-to-equity ratio (D/E) is 96.1% — low debt, a solid balance sheet.

🚀 Momentum & Short Interest

Short interest is 1.36% — low, the market does not expect a decline.

Thermo Fisher Scientific Dividend 2026: 0.3% Dividend Yield

Dividend Key Figures for Thermo Fisher Scientific

Dividend yield
0.27%
Latest dividend per share
0.47 USD
Payout ratio
7.7%
Low
Dividend growth (7 years)
+642.1%
Avg. annual dividend (3 years)
1.56 USD

When does Thermo Fisher Scientific pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
September 15, 2026
Latest payment date
October 15, 2026

How much does Thermo Fisher Scientific pay in dividends?

Thermo Fisher Scientific pays dividends to its shareholders. The most recently paid dividend was 0.47 USD per share, which corresponds to a dividend yield of 0.27%. Over the last 7 years, the annual dividend has grown by 642.1%, which shows positive dividend growth.

The payout ratio is 7.7%, which is low. This suggests the company prioritizes reinvesting in growth over dividend payments. There is good room to raise the dividend in the future.

Historical Dividend Payments for Thermo Fisher Scientific

We have registered dividend payments for Thermo Fisher Scientific since Dec 16, 2019. In that period the stock has paid a dividend 28 times, most recently on Sep 15, 2026. This stock qualifies as a stable dividend stock, because it has paid a dividend at least once a year for the last 5 years. That makes it attractive to investors looking for steady, regular dividend payments.

Ex-datePayment dateAmountCurrency
2026-09-152026-10-150.47USD
2026-06-152026-07-150.47USD
2026-03-132026-04-150.47USD
2025-12-152026-01-150.43USD
2025-09-152025-10-150.43USD
2025-06-132025-07-150.43USD
2025-03-142025-04-150.43USD
2024-12-132025-01-150.39USD
2024-09-132024-10-150.39USD
2024-06-142024-07-150.39USD
2024-03-142024-04-150.39USD
2023-12-142024-01-160.35USD
2023-09-142023-10-130.35USD
2023-06-142023-07-140.35USD
2023-03-142023-04-140.35USD
2022-12-142023-01-160.30USD
2022-09-142022-10-140.30USD
2022-06-142022-07-150.30USD
2022-03-152022-04-140.30USD
2021-12-142022-01-140.26USD
2021-09-142021-10-150.26USD
2021-06-142021-07-150.26USD
2021-03-152021-04-160.26USD
2020-12-142021-01-150.22USD
2020-09-142020-10-150.22USD
2020-06-122020-07-150.22USD
2020-03-132020-04-160.22USD
2019-12-162020-01-150.19USD

Insider Trading in Thermo Fisher Scientific 2026: The Signal Is negative

In 2026, insiders at Thermo Fisher Scientific have made 20 transactions, all of which were sales. On a net basis, insiders took $53,580,499 out of the stock. Active insiders include Pettiti Gianluca, CASPER MARC N, Britt Lisa P. and others. In the short term (last 3 months), the insider signal is negative.

Short-Term Signal (3 months): Negative

Insiders have exclusively sold shares over the last 3 months.

Over the last 3 months: 0 purchases and 12 sales. A net $42,387,129 out of the stock.

Long-Term Signal (all transactions): Negative

Insiders have exclusively sold shares in the recent period. This can suggest management sees limited opportunity.

Across the last 20 transactions: 0 purchases and 20 sales. A net $53,580,499 out of the stock.

Latest sale: Pettiti Gianluca sold 400 shares at $614.38 each on 2026-08-31.

Who is selling: Pettiti Gianluca, CASPER MARC N, Britt Lisa P., Shafer Michael D, Holmes Joseph R. and others.

Latest Insider Trades in Thermo Fisher Scientific (2026)

The table shows the last 20 reported insider transactions in Thermo Fisher Scientific. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-08-31 Pettiti Gianluca Sell 400 614 245,752
2026-08-24 CASPER MARC N Sell 275 629 172,904
2026-08-21 CASPER MARC N Sell 10,000 629 6,291,000
2026-08-20 CASPER MARC N Sell 10,000 634 6,339,900
2026-08-19 Britt Lisa P. Sell 11,440 613 7,014,093
2026-08-11 Shafer Michael D Sell 11,200 600 6,720,000
2026-08-07 Holmes Joseph R. Sell 420 585 245,620
2026-08-07 CASPER MARC N Sell 275 593 163,160
2026-08-06 CASPER MARC N Sell 10,000 580 5,800,100
2026-08-06 Britt Lisa P. Sell 5,850 580 3,393,000

Who is buying and selling Thermo Fisher Scientific shares in 2026?

The following insiders have sold shares: Pettiti Gianluca, CASPER MARC N, Britt Lisa P., Shafer Michael D, Holmes Joseph R. and others. In total, $53,580,499 was sold across 20 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Thermo Fisher Scientific Short Selling 2026: 1.4% Sold Short

Low short interest: 1.4% of the free float
Short % of free float
1.4%
Assessment
Low short interest
Short squeeze risk
Low
Data source
EODHD
Reported about twice a month

Short interest over time: Thermo Fisher Scientific

0.0%0.9%1.8%
5/307/289/26
1.4% today (low)Last 30 days: −0.2 percentage pointsMeasured over 119 days
What does the trend tell you?
Short interest in Thermo Fisher Scientific has been fairly stable at 1.4% over the period. Neither many new short sellers have arrived nor many positions been closed.

What matters is when the curve starts to move. This is how shorting works: whoever shorts has borrowed the share and sold it, and to close the position again they must buy the share back. When short interest falls, shares are being bought back. So it is worth watching the trend, not just today's number.
The stock has a low share of short selling. Less than 2% of the freely traded shares are sold short, which points to limited bearish sentiment.

Short interest comes from our data provider EODHD. The figure is reported about twice a month; we check it every trading day.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
▲
1.4%

When Does Thermo Fisher Scientific Report Earnings – Next Date: Oct 21, 2026

The next earnings report from Thermo Fisher Scientific is scheduled for October 21, 2026, before the market opens. This report covers the third quarter (Q3), which ended on September 30, 2026.



Technical Analysis of Thermo Fisher Scientific 2026 – Signal: Strong Buy

Overall Technical Signal: Strong Buy

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated October 17, 2026.

Technical analysis of Thermo Fisher Scientific (TMO.US) – RSI 64, MACD positive (bullish), daily candlestick chart October 2026
Thermo Fisher Scientific technical analysis – candlestick chart with RSI, MACD and volume profile. Updated Oct 17, 2026.

Trend Analysis of Thermo Fisher Scientific Inc

Thermo Fisher Scientific Inc is in a short-term uptrend. The price of $690.00 is 3.2% above the 20-day average ($668.35). Medium term, the picture is positive: the price is 8.4% above the 50-day average ($636.45). Long term, the stock is 26.2% above the 200-day average ($546.54), which confirms a long-term uptrend.

Golden Cross: The 50-day average (636.45) is above the 200-day average (546.54), which is a classic bullish signal for Thermo Fisher Scientific Inc.

Is Thermo Fisher Scientific Inc overbought or oversold?

Thermo Fisher Scientific Inc has an RSI of 64.0. The stock shows positive momentum in the upper part of the neutral zone. Combined with the positive trend, this supports the bullish picture.

MACD Analysis for Thermo Fisher Scientific Inc

Daily MACD: MACD is positive (12.997), which means the short-term trend is bullish (the 12-day EMA is above the 26-day EMA). MACD is above the signal line (12.538) by 0.459, which confirms rising momentum in the uptrend.

Weekly MACD: MACD5 is positive (42.010), which indicates a broader bullish long-term trend. MACD5 is above the signal line (29.482) by 12.528, which confirms rising long-term momentum.

Overall MACD assessment: Both the daily and weekly MACD are positive and above their signal lines. Trend and momentum confirm each other across time horizons – the strongest bullish signal.

Risk Profile for Thermo Fisher Scientific Inc

Thermo Fisher Scientific Inc has an annual standard deviation of 29.0%, which classifies the stock as Balanced. There is some volatility, but the price is relatively stable.

Overall Technical Conclusion for Thermo Fisher Scientific Inc

Trend: Positive. The price trades above SMA50 and SMA200.

MACD trend (zero line): Daily bullish (12.997). Weekly bullish (42.010).

MACD momentum (signal): Daily rising. Weekly rising.

RSI: 64.0 – neutral.

Technical signal: Strong Buy

The price is in an uptrend (above SMA50/SMA200) and MACD is positive on both a daily and weekly basis. Trend and MACD trend confirm each other – the strongest technical buy signal.

Frequently Asked Questions About Thermo Fisher Scientific stock in 2026

Should you buy Thermo Fisher Scientific stock now?
Yes, the technical signal for Thermo Fisher Scientific is currently Strong Buy. Thermo Fisher Scientific trades at $690.21 as of Oct 17, 2026. The technical analysis shows the following: MACD is positive (bullish trend) at 12.997 with rising momentum (signal: 12.538); RSI is at 64.0 (neutral zone); the stock is in a short-term uptrend (price above the 20-day average); the analyst price target of $673.44 is 2.4% below the current price. The stock is in a broader uptrend (above SMA50/SMA200). This is a technical observation based on current data, not investment advice.
What is the price target for Thermo Fisher Scientific stock?
The average analyst price target for Thermo Fisher Scientific is $673.44. The current price is $690.21, which gives a downside of 2.4%. Based on this, the stock is considered fairly valued. The fair value range (±10% of the price target) is between $606.10 and $740.78.
Is Thermo Fisher Scientific a dividend stock?
Yes, Thermo Fisher Scientific is a dividend stock with a dividend yield of 0.27%. The latest dividend was $0.47 per share. The latest ex-dividend date (traded without the dividend) was Sep 15, 2026. The payout ratio is 7.7%, which is considered sustainable.
When does Thermo Fisher Scientific pay a dividend in 2026?
The next dividend date for Thermo Fisher Scientific has not been set yet. The latest ex-dividend date (last trading day with dividend rights) was Sep 15, 2026. The latest dividend was $0.47 per share with an ex-dividend date of Sep 15, 2026. The dividend yield is 0.27%. The payout ratio of 7.7% points to a sustainable dividend with room to grow.
What is the risk of Thermo Fisher Scientific stock?
Thermo Fisher Scientific is rated as a stock in the risk category Balanced. the annual standard deviation is 29.0%, which classifies the stock as Balanced.
Is Thermo Fisher Scientific overvalued?
Thermo Fisher Scientific is considered fairly valued – the price is close to the analyst price target. Thermo Fisher Scientific has the following valuation ratios: a P/E ratio of 35.1 (highly valued), a P/S ratio of 5.2, a P/B ratio of 4.7. The stock trades close to the analyst price target and is considered fairly valued.
Is Thermo Fisher Scientific overbought?
No, Thermo Fisher Scientific is not overbought. RSI is at 64.0 (neutral zone). The technical indicators show: RSI is at 64.0 (upper neutral zone), which shows positive momentum but is not yet overbought. In addition, the price is 3.3% above the 20-day average (short-term uptrend). In addition, MACD is positive with rising momentum (bullish).
When is the next Thermo Fisher Scientific earnings report?
Thermo Fisher Scientific reports its next earnings on October 21, 2026. The stock currently trades at $690.21. With a P/E ratio of 35.1, the market will be watching closely whether earnings meet expectations.
Is Thermo Fisher Scientific shorted?
Yes, Thermo Fisher Scientific is shorted with 1.4% of the free float sold short. This is a moderate level of short selling, within the normal range for most stocks. The figure comes from our data provider EODHD, is reported about twice a month, and we check it every trading day.
Are insiders buying Thermo Fisher Scientific stock?
No, insiders are not buying Thermo Fisher Scientific shares – they are net sellers. Over the last 3 months, insiders have made 0 purchases and 12 sales. On a net basis, 42,387,129 $ worth of shares were sold. Across the last 20 reported transactions, the split is 0 purchases and 20 sales, with a net 53,580,499 $ sold. Active sellers include Pettiti Gianluca, CASPER MARC N, Britt Lisa P. and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is Thermo Fisher Scientific a good stock?
Based on our total score, Thermo Fisher Scientific is rated as a good stock with a total score of 62 out of 100. The stock scores above average on value, quality and momentum. The score is made up of Value: 32/100, Quality: 60/100, Momentum: 96/100. In addition: a dividend of 0.27%. Whether now is the time to buy is a separate question: the technical signal is Strong Buy. Whether Thermo Fisher Scientific is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Thermo Fisher Scientific stock?
The outlook for Thermo Fisher Scientific based on current data: the average analyst price target is $673.44 (-2.4%); the stock is in an uptrend (above SMA50 and SMA200); the next earnings report is due on Oct 21, 2026, which can move the price; the P/E ratio is 35.1 (high – the market expects growth). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Thermo Fisher Scientific stock rising?
Thermo Fisher Scientific is rising right now. The technical indicators show: the price is 3.3% above the 20-day average; MACD is positive with rising momentum (bullish signal); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis and insider section above.
How high can Thermo Fisher Scientific go?
The average analyst price target for Thermo Fisher Scientific is $673.44, which is 2.4% below the current price of $690.21. The stock has traded between $434.50 and $694.33 over the last 52 weeks. The price is close to the 52-week high. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Thermo Fisher Scientific fall?
The stock has traded as low as $434.50 over the last 52 weeks — that is 37.0% below the current price of $690.21. The biggest decline (drawdown) in the same period was 37.4% from high to low. Within a year, the price typically swings about ±29.0% (standard deviation — a measure of price swings). A difficult year could therefore mean a further decline of that size. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Thermo Fisher Scientific do?
Thermo Fisher Scientific makes equipment and solutions used in scientific research and healthcare. The company earns money by selling a wide range of products, from advanced laboratory instruments to everyday lab supplies. These products are used to develop medicines and vacci... The company belongs to the Healthcare sector, more specifically the Diagnostics & Research industry, is headquartered in United States, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Thermo Fisher Scientific as an investment.
Did Thermo Fisher Scientific raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Thermo Fisher Scientific. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history above.
Is Thermo Fisher Scientific making money or losing money?
Yes, Thermo Fisher Scientific is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 15.0% — which is solid. The operating margin (profit before interest and taxes) is 18.8%. At a P/E ratio of 35.1, you currently pay 35.1 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can Thermo Fisher Scientific go bankrupt?
The bankruptcy risk of Thermo Fisher Scientific is rated as low. Altman Z2 (a model for assessing financial distress) is 3.70 — that places the company in the healthy zone. The company has a healthy balance sheet with limited debt relative to earnings and assets. The Piotroski score (financial health 0-9, higher is better) is 6 — which is average. Debt relative to equity is 96% (moderate). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Thermo Fisher Scientific have a lot of debt?
Thermo Fisher Scientific has moderate debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 96%. For the healthcare sector, 80-150% counts as a typical level. In healthcare, 80-150% is typical — large pharma companies carry debt for research and acquisitions. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector. Can Thermo Fisher Scientific service its debt? Can service its debt, but it weighs on the company — the interest coverage ratio (how many times earnings can cover interest payments) is 5.2x, and net debt equals 3.3 years of earnings (EBITDA).

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