NYSE: TMO

Thermo Fisher Scientific (TMO) Stock Analysis & Forecast

Nov 4 close

$706.16+7.82 (+1.1%)

Gekko Brief

AI summaryNov 4 close

Thermo Fisher Scientific shares climbed to a new all-time high of $712.17 this week, with the stock closing at $706.16 after a 1.12% gain on Wednesday, marking a second straight day of advances. The move follows Q3 2026 results showing revenue up 9% to $12.14 billion and adjusted EPS of $6.68, alongside raised 2026 guidance tied to demand from pharma, biotech and AI-enabled precision medicine tools. Argus raised its price target to $780 from $560 while maintaining a Buy rating, citing the company's M&A strategy, facility expansions and new AI-powered product offerings.

The stock trades well above both its 50-day average of $658.67 and 200-day average of $552.49, with the trend remaining supportive. The GekkoIndex sits at 52.5, placing it in the Neutral zone. Price stands 14.5% above Gekko Fair Value of $616.50, a gap that has widened following the recent run to the $712.17 high.

The next earnings date falls on 4 February 2027, outside a typical 20-trading-day holding window. Smart-money data shows no insider, Congress or unusual options activity in the current windows, though one billionaire holder and one trailblazer holder are noted. Seasonality from this point in the calendar has averaged a 3.9% gain over the next 20 trading days across 5 years, rising in 3 of them. Analyst sentiment remains heavily tilted toward Buy, with 17 of 20 firms rating it so and a consensus target of $752.12.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Thermo Fisher Scientific price vs fair value

$706.16$616.50Nov ’25May ’26Nov ’26
Close $706.16200-day averageGekko Fair Value $616.50

Thermo Fisher Scientific quick facts

Market cap
$261.6B
P/E ratio
36
Forward P/E
25.3
EPS, TTM
$18.96
Revenue, TTM
$47.35B
Profit margin
14.9%
Dividend yield
0.26%
Beta
0.85
Volume
2.45M avg 2.34M
1-year return
+25.0%
Typical daily move
±3%
Typical 20-day move
±5.4%
50-day average
$658.67
200-day average
$552.49
Next earnings
Feb 4 before open
Shares outstanding
370.5M
52-week range
$435.27$712.17

Thermo Fisher Scientific swing-trade checklist

Thermo Fisher Scientific scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $706.16 is above the 50-day ($658.67) and 200-day ($552.49) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    52.5, Neutral

    Reading 52.5 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    14.5% above

    Price is 14.5% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 91 days

    Next report Feb 4, 2027, 91 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +3.9% on average

    From this point in the calendar, the next 20 trading days averaged +3.9% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Thermo Fisher Scientific stock chart and price history

Thermo Fisher Scientific closed at $706.16 on Nov 4, 2026, +25.0% over the past year, inside a 52-week range of $435.27 to $712.17.

Close50-day average200-day averageVolume
Thermo Fisher Scientific share price, past year, with 50-day and 200-day moving averages and volume$500$600DecJan 2026FebMarAprMayJunJulAugSepOct706.16

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+7.6%
3 months
+21.7%
6 months
+49.3%
1 year
+25.0%
The full TMO chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TMO in Gekko

Follow Thermo Fisher Scientific through every session

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About Thermo Fisher Scientific

Thermo Fisher Scientific supplies scientific research and healthcare markets with a wide mix of products and services, spanning laboratory reagents and instruments, diagnostic kits, and biopharmaceutical support. Its work touches biological and medical research, drug and vaccine development, and disease detection, with a presence across North America, Europe, Asia-Pacific and other regions. The company is known for brands such as Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD.

The business operates through several segments. One supplies reagents, instruments and consumables used in bioscience, genetic science and bioproduction work. Another provides analytical instruments, software and support for research and clinical laboratories. A diagnostics segment makes immunodiagnostic kits, culture media, specimen handling systems and tissue-typing products used in allergy, asthma, autoimmune and transplant testing. A further segment covers laboratory equipment and pharmaceutical services, including clinical research support. Customers include pharmaceutical, biotechnology, academic, government, healthcare, agricultural, environmental and industrial organizations, reached through direct sales staff, customer service teams, online ordering and outside distributors.

Thermo Fisher Scientific trades on the NYSE under the ticker TMO.

Listed
NYSE
Sector
Health technology
Industry
Medical specialties
Website
thermofisher.com

Thermo Fisher Scientific GekkoIndex: the smart money zone

Thermo Fisher Scientific’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 52.5, in the Neutral zone, up 1 point over five sessions.

010052.5Neutral

Up 1 point over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying38−0.6%−0.5%−1.9%+0.4%
Accumulation2310.0%−0.3%−0.2%+1.4%
Neutral (current zone)369+0.7%+1.4%+2.1%+2.9%
Distribution58−1.0%−1.0%+0.5%+1.7%
Selling1Too few readings yet

Average TMO share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the TMO price, zone by zone.Track TMO in Gekko

Is Thermo Fisher Scientific stock overvalued? Gekko Fair Value

Thermo Fisher Scientific trades 14.5% above Gekko Fair Value of $616.50, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Thermo Fisher Scientific shares are worth, recalculated every trading day.

$616.50

Gekko Fair Value, Nov 4, 2026

14.5% Overvalued

At the end of Aug 2026 the price was 9.4% above the estimate.

Gekko Fair ValueShare price, month end
$617$698Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open TMO in Gekko

Thermo Fisher Scientific insider and Congress trading

No open-market insider purchases were filed for Thermo Fisher Scientific, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for TMO in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every TMO insider filing, plotted on the chart in Gekko.Open TMO in Gekko

Congress trades last 90 days

No trades in TMO were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for TMO, plotted on the chart in Gekko.Open TMO in Gekko

Buybacks

Thermo Fisher Scientific has been buying back its own shares.

Bought back, quarter ended Jun 27, 2026
$1.00B
As a share of market cap
0.38%
Trailing four quarters
$9.00B

From company filings.

Hedge funds and billionaires quarter ended Sep 30

2of the funds Gekko tracks hold TMO.

2added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Thermo Fisher Scientific earnings: next date and track record

Thermo Fisher Scientific reports on Feb 4, 2027, before the open (91 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±5.5%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+5.2%Jan ’25−1.9%Apr ’25+11.1%Jul ’25+2.5%Oct ’25−4.8%Jan ’26−8.6%Apr ’26+7.9%Jul ’26−1.6%Oct ’26

Last earnings call, Oct 21, 2026 AI summary

What they said
Thermo Fisher Scientific delivered strong Q3 2026 results with revenue growing 9% to $12.14 billion. Adjusted operating income rose 15% to $2.97 billion, with operating margin expanding 120 basis points to 24.5%. Adjusted EPS grew 15% to $6.68. Growth was driven by pharma/biotech and industrial/applied segments (both high single-digit growth), with notable strength in Pharma Services, electron microscopy, and transplant diagnostics. Multiple new product launches across mass spectrometry, electron microscopy, and diagnostics reinforced innovation momentum.
Guidance
Management expressed confidence in delivering an 'excellent 2026,' citing improved end market conditions continuing from Q2 into Q3. No specific revenue or EPS targets were provided in this excerpt, but leadership emphasized strong positioning for long-term value creation.
ReportedEPSSurpriseRevenueSurpriseMove
Oct 21, 2026$6.68
est $6.40
+4.4%$12.14B
est $11.95B
+1.5%−1.6%
Jul 23, 2026$6.03
est $5.71
+5.6%$11.99B
est $11.71B
+2.5%+7.9%
Apr 23, 2026$5.44
est $5.27
+3.2%$11.01B
est $10.86B
+1.3%−8.6%
Jan 29, 2026$6.57
est $6.45
+1.9%$12.22B
est $11.95B
+2.2%−4.8%
Oct 22, 2025$5.79
est $5.50
+5.3%$11.12B
est $10.92B
+1.9%+2.5%
Jul 23, 2025$5.36
est $5.23
+2.5%$10.86B
est $10.68B
+1.6%+11.1%
Apr 23, 2025$5.15
est $5.10
+1.0%$10.36B
est $10.23B
+1.3%−1.9%
Jan 30, 2025$6.10
est $5.94
+2.7%$11.40B
est $11.28B
+1.0%+5.2%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Thermo Fisher Scientific stock forecast and analyst price targets

Analysts’ average 12-month price target for Thermo Fisher Scientific is $752.12, +6.5% from the last close, from 20 firms rating the stock in the last 90 days.

$752.12consensus 12-month target, +6.5% from the last close
Low $575High $830
Buy17
Hold3
Sell0

Each firm’s latest rating in the last 90 days: 20 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Nov 2GuggenheimBuy, reiterated$740+4.8%
Nov 2BarclaysBuy, maintained$775+9.7%
Oct 30Bank of America SecuritiesBuy, maintained$795+12.6%
Oct 29Argus ResearchBuy, reiterated$780+10.5%
Oct 23CMB International SecuritiesBuy, maintained$800+13.3%
+2.1%average 20-day move after past Neutral readings
+3.9%average move over the next 20 trading days in the last 5 years
±3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Thermo Fisher Scientific seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Thermo Fisher Scientific averaged +3.9% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−0.6%2021+12.4%2022+8.0%2023−3.8%2024+2.7%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.7%2 of 5
Next 10 trading days+0.5%3 of 5
Next 15 trading days+3.0%3 of 5
Next 20 trading days+3.9%3 of 5
Next 30 trading days+3.5%3 of 5

For scale, TMO’s typical 20-trading-day move in either direction is about 5.4%.

Thermo Fisher Scientific market cap and key statistics

Thermo Fisher Scientific’s market cap is $261.6B, with a P/E ratio of 36 and revenue of $47.35B over the last twelve months.

Valuation

Market cap
$261.6B
P/E ratio
36
Forward P/E
25.3
EPS, TTM
$18.96
Gekko Fair Value
$616.50

Trading

Volume
2.45M
Avg volume, 20 days
2.34M
52-week high
$712.17
52-week low
$435.27
Shares outstanding
370.5M

Financials

Revenue, TTM
$47.35B
Profit margin
14.9%
Return on equity
13.4%
Quarterly earnings growth, YoY
+8.7%

Risk and income

Beta
0.85
Typical daily move
±3%
Typical 20-day move
±5.4%
Dividend yield
0.26%

Thermo Fisher Scientific peers

Thermo Fisher Scientific’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
ABTAbbott Laboratories+2.5%Distribution8.0% below
ISRGIntuitive Surgical+5.0%Distribution30.4% above
DHRDanaher−0.2%Neutral3.6% above
MDTMedtronic+4.8%Neutral16.0% below
SYKStryker+3.6%Distribution6.5% above
BSXBoston Scientific+2.3%Neutral26.8% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Medical specialties

Thermo Fisher Scientific stock FAQ

What is Thermo Fisher Scientific’s market cap?

Thermo Fisher Scientific’s market cap is $261.6B at the Nov 4, 2026 close of $706.16, with 370.5M shares outstanding. The shares trade on a P/E ratio of 36.

What is the Thermo Fisher Scientific stock forecast?

The consensus analyst 12-month price target for Thermo Fisher Scientific is $752.12, +6.5% from the last close. Of the 20 firms that rated the stock in the last 90 days, 17 rate it a buy, 3 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Thermo Fisher Scientific stock overvalued or undervalued?

On Gekko’s estimate Thermo Fisher Scientific is overvalued: the Nov 4, 2026 close of $706.16 is 14.5% above Gekko Fair Value of $616.50. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Thermo Fisher Scientific report earnings next?

Thermo Fisher Scientific is expected to report on Feb 4, 2027, before the market opens (91 days away). Analysts expect earnings of $7.13 per share on revenue of $12.84B. Thermo Fisher Scientific beat the earnings estimate in 8 of its last 8 reports, moving 5.5% on average across the report.

What is Thermo Fisher Scientific’s 52-week high and low?

Thermo Fisher Scientific’s 52-week high is $712.17 and its 52-week low is $435.27; it closed at $706.16 on Nov 4, 2026, +25.0% over the past year.

Is Thermo Fisher Scientific stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, earnings risk and seasonality), 1 as mixed (gekkoindex) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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