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Thermo Fisher Scientific (TMO)
NYSE:TMO
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Thermo Fisher (TMO) Price & Analysis

5,228 Followers

TMO Stock Chart & Stats

$526.60
$0.83(0.15%)
At close: 4:00 PM EST
$526.60
$0.83(0.15%)

Bulls Say, Bears Say

Bulls Say
Cash GenerationThermo Fisher's very strong free cash flow and high cash conversion provide durable financial firepower. Sustained FCF supports R&D, capital investment, service expansion, dividend and buyback capacity, and creates optionality to pay down acquisition-related debt over multiple quarters.
Recurring Consumables & ServicesThe business model mixes instruments with high‑margin consumables, reagents and long‑term service contracts, creating recurring revenue and customer stickiness. This structural pull‑through stabilizes top line and margins versus pure capital‑equipment peers over medium term.
Strategic M&A & InnovationAccretive M&A and ongoing product launches broaden Thermo Fisher's pharma services and drug‑discovery capabilities. Structural additions like Clario and Cryo‑EM capacity expand recurring service revenue and differentiate offerings, supporting longer‑term growth and deeper client relationships.
Bears Say
Elevated LeverageThe sizable post‑acquisition debt load constrains financial flexibility and raises the importance of continued strong cash generation. Higher leverage increases interest and refinancing risks and limits capacity for large organic investment or further sizable M&A without demonstrable deleveraging.
Muted Organic GrowthPersistently low organic growth limits operating leverage and forces reliance on acquisitions and productivity to drive reported growth. Slower underlying demand reduces long‑term revenue visibility and magnifies the need to convert cost and efficiency gains into sustainable margin expansion.
Segment & Regional SoftnessWeakness in cyclical instrument demand, specialty diagnostics and China introduces structural revenue volatility. Tariff/FX headwinds and softer academic/government spending can persist, pressuring segment margins and reducing predictability of capital equipment and consumables pull‑through.

Thermo Fisher News

TMO FAQ

What was Thermo Fisher Scientific’s price range in the past 12 months?
Thermo Fisher Scientific lowest stock price was $403.36 and its highest was $643.99 in the past 12 months.
    What is Thermo Fisher Scientific’s market cap?
    Thermo Fisher Scientific’s market cap is $195.86B.
      When is Thermo Fisher Scientific’s upcoming earnings report date?
      Thermo Fisher Scientific’s upcoming earnings report date is Jul 23, 2026 which is in 11 days.
        How were Thermo Fisher Scientific’s earnings last quarter?
        Thermo Fisher Scientific released its earnings results on Apr 23, 2026. The company reported $5.44 earnings per share for the quarter, beating the consensus estimate of $5.248 by $0.192.
          Is Thermo Fisher Scientific overvalued?
          According to Wall Street analysts Thermo Fisher Scientific’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Thermo Fisher Scientific pay dividends?
            Thermo Fisher Scientific pays a Quarterly dividend of $0.47 which represents an annual dividend yield of 0.3%. See more information on Thermo Fisher Scientific dividends here
              What is Thermo Fisher Scientific’s EPS estimate?
              Thermo Fisher Scientific’s EPS estimate is 5.72.
                How many shares outstanding does Thermo Fisher Scientific have?
                Thermo Fisher Scientific has 371,621,460 shares outstanding.
                  What happened to Thermo Fisher Scientific’s price movement after its last earnings report?
                  Thermo Fisher Scientific reported an EPS of $5.44 in its last earnings report, beating expectations of $5.248. Following the earnings report the stock price went down -9.199%.
                    Which hedge fund is a major shareholder of Thermo Fisher Scientific?
                    Currently, no hedge funds are holding shares in TMO
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Thermo Fisher Scientific

                      Thermo Fisher Scientific Inc. is a global leader in scientific services, providing a comprehensive range of offerings that include life sciences solutions, advanced analytical instruments, specialized diagnostic products, and an extensive portfolio of laboratory supplies and biopharmaceutical services. The company's reach extends across North America, Europe, Asia-Pacific, and other international markets. Its Life Sciences Solutions division furnishes researchers with essential reagents, state-of-the-art instruments, and consumables vital for biological and medical exploration, the development and manufacturing of therapeutics and vaccines, and the detection of infections and various diseases. This segment encompasses bioscience, genetic science, and bioproduction technologies, serving a broad spectrum of clients in the pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and governmental sectors. The Analytical Instruments segment delivers a variety of precision instruments, consumables, software, and support services to pharmaceutical, biotechnology, academic, governmental, environmental, and industrial research environments, as well as clinical laboratories. The Specialty Diagnostics segment offers an array of diagnostic tools, including liquid, ready-to-use, and lyophilized immunodiagnostic reagent kits, alongside calibrators, controls, protein detection assays, and accompanying instruments. This also features the creation and distribution of complete blood test systems to aid in the clinical diagnosis and monitoring of allergies, asthma, and autoimmune diseases. Furthermore, it provides dehydrated and prepared culture media, specimen collection and transport systems, related instrumentation and consumables, human leukocyte antigen (HLA) typing and testing crucial for the organ transplant sector, and other healthcare products. Lastly, the Laboratory Products and Biopharma Services segment supplies laboratory equipment, serves the research and safety markets through its channels, and offers extensive pharmaceutical services, encompassing clinical research support. The company's products and services are distributed through a dedicated direct sales team, customer service professionals, online commerce platforms, and a network of third-party distributors. Its recognized brands include Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon, and PPD. Thermo Fisher Scientific Inc. was established in 1956 and is headquartered in Waltham, Massachusetts.

                      Thermo Fisher (TMO) Earnings & Revenues

                      TMO Earnings Call

                      Q1 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call conveyed solid operational execution and strategic progress: Thermo Fisher delivered a strong quarter with mid-single-digit reported revenue growth, EPS growth, meaningful product launches, accretive M&A (Clario) and raised full-year guidance. Positives included strong Life Sciences Solutions and Laboratory Products performance, robust cash generation, and continued shareholder returns. Offsetting risks highlighted were low organic growth in Q1, weakness in Analytical Instruments and certain diagnostics markets (notably academic/government and China), tariff/FX headwinds, elevated leverage following the acquisition, and an inflation uncertainty placeholder. Overall, the constructive financial results and upward guidance outweighed the near-term headwinds and uncertainties.View all TMO earnings summaries

                      TMO Revenue Breakdown

                      54.01%54.01%22.46%17.40%10.52%
                      54.01% Laboratory Products and Biopharma Services
                      22.46% Life Sciences Solutions
                      17.40% Analytical Instruments
                      10.52% Specialty Diagnostics
                      tipranks

                      TMO Stock 12 Month Forecast

                      Average Price Target

                      $587.44
                      ▲(11.55% Upside)
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                      Ownership Overview

                      0.13%24.19%0.69%54.48%
                      0.69% Other Institutional Investors
                      54.48% Public Companies and Individual Investors
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