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TMO

Thermo Fisher Scientific Inc.

TMO

NYSE·Healthcare·Medical - Diagnostics & Research·Mkt cap $228.1B

$613.78

-0.75%

P/E

33.02

Mkt Cap

$228.1B

52-Wk Range

$435.27–$647.00

52-Week Range

$435.27 - $647.00

P/E

33.02

Fwd P/E

24.44

Beta

0.85

Div Yield

0.29%

Avg Vol

2.2M

Shares Out

371.6M

Mkt Cap

$228.1B

Price action

Price chart

Up 25.9% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Comprehensive integrated platform spanning life sciences, diagnostics, and analytical instruments with unmatched breadth
  • Strong brand portfolio including Thermo Scientific, Applied Biosystems, Invitrogen, and Fisher Scientific with deep customer loyalty
  • Extensive global distribution network and direct sales force providing superior customer access and support
  • Significant R&D investment and proprietary technology portfolio creating sustainable competitive moats
  • Strategic acquisitions and scale enabling cost advantages and cross-selling opportunities across customer base

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Increasing global demand for biopharmaceutical development and personalized medicine solutions

Value

Attractively priced below Life Sciences Tools peer average

Momentum

Hot

+30.7% over 3m

Quality

Strong

Excellent business quality

Dividend

Token

0.29% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 28, 2026

Q3 26 RECAP

JUL 23, 2026

Reported EPS of $6.03 vs $5.72 consensus (+5.4% surprise). Revenue of $12.0B vs $11.7B expected (+2.5%). Beat on both top and bottom lines.

EPS beat +5.4%
Rev beat +2.5%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+5.4%

Revenue trend · last 8Q

+5%

+0%

+3%

+5%

+7%

+6%

+10%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$10.6B

$11.4B

$10.4B

$10.9B

$11.1B

$12.2B

$11.0B

$12.0B

Margins · last 8Q

Gross

41.2%

Operating

17.4%

Profit

14.5%

Wall Street consensus

11 analysts · 73% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

8

73%

Hold

3

27%

Sell

0%

Median Price Target

Latest: CLSA · Sep 3, 2026

vs Industry

How TMO stacks vs Medical - Diagnostics & Research

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.