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NASDAQ · TMO

Thermo Fisher Scientific Inc.

Healthcare · Medical - Diagnostics & Research

$706.16

Up+$7.82 (+1.12%)

Updated Nov 5, 2026, 5:59 AM

SID Score

6.8/10

Composite research score

Smart Money

45/100

Neutral

Market cap
219.39B
P/E ratio
33.3
Dividend yield
0.30%
52-week range
$435.27 – $712.17
Volume
2.46M
Avg. volume
2.05M

Price performance · TMO

TMO price history

1M range · 21 trading sessions · Daily adjusted prices

Prices through Nov 4, 2026

TMO closed at $706.16 after 21 trading sessions, up 6.66% for the selected period.

Last close
$706.16
Period change
+6.66%
Period low
$651.98
Period high
$709.18
Daily close
View OHLC price history
TMO OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Nov 4, 2026$708.00$712.1723$691.96$706.162.46M
Nov 3, 2026$677.92$700.20$671.9946$698.341.65M
Nov 2, 2026$699.86$699.86$679.40$682.651.85M
Oct 30, 2026$710.69$711.79$691.74$697.002.09M
Oct 29, 2026$703.575$711.8545$699.90$709.181.47M
Oct 28, 2026$691.83$710.84$691.0302$704.151.65M
Oct 27, 2026$680.96$700.99$676.00$693.021.83M
Oct 26, 2026$675.855$685.48$674.37$684.891.95M
Oct 23, 2026$672.69$677.28$662.5025$673.822.04M
Oct 22, 2026$691.70$703.20$674.10$676.543.6M
Oct 21, 2026$665.00$705.785$661.30$694.024.05M
Oct 20, 2026$680.17$693.365$679.32$687.373.53M
Oct 19, 2026$691.31$692.99$673.47$679.382.4M
Oct 16, 2026$692.26$699.20$683.63$690.002.11M
Oct 15, 2026$686.13$704.00$671.47$696.493.96M
Oct 14, 2026$664.01$681.50$659.00$673.202.49M
Oct 13, 2026$662.84$666.38$655.73$663.042.3M
Oct 12, 2026$657.23$662.54$652.5001$662.241.38M
Oct 9, 2026$650.00$661.94$644.1605$658.021.58M
Oct 8, 2026$657.53$658.56$635.32$651.982.59M
Oct 7, 2026$662.40$671.665$651.12$662.061.83M

Latest TMO news

The latest Smart Investors Daily articles mentioning TMO.

TMO research

Overview

Company profile and research snapshot.

Company profile

Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments as of year-end 2024 (revenue figures include some cross-segment revenue): analytical technologies (17% of sales); specialty diagnostic products (11%); life science solutions (23%); and lab products and services, which includes CRO services (the remainder).

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Buy
Average target
$625.78
Implied upside
—
Analysts
15
TMO recent ratings
DateFirmRatingTarget
Oct 30, 2026Argus ResearchBuy—
Oct 23, 2026CitigroupBuy—
Oct 22, 2026TD CowenBuy—
Oct 22, 2026StifelBuy—
Oct 22, 2026BairdOutperform—
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News briefing

No generated briefing is available yet.

Yahoo · Nov 4, 2026

Microcarriers - Global Strategic Business Report 2026: Secure Your Share of $3.9 Billion by 2032 | Benchmark Corning, Danaher, Sartorius, and Thermo Fisher

Dublin, Nov. 04, 2026 (GLOBE NEWSWIRE) -- "Microcarriers - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global microcarriers market was valued at US$2.3 billion in 2025 and is projected to reach US$3.9 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.5%. Market growth is supported by increasing biologics production, advances in cell and gene therapy, expanding vaccine manufacturing capacity, and sustained investment in biotechn

Yahoo · Nov 4, 2026

Thermo Fisher (TMO) Emerges as Top Contributor After 27% Quarterly Gain

BUFFALO Funds, an actively managed mutual fund advised by Kornitzer Capital Management, released its third-quarter 2026 investor letter for “Buffalo Growth Fund”. The letter can be downloaded here. The Buffalo Growth Fund advanced 4.57% in Q3, significantly outperforming the Russell 3000® Growth Index’s 0.45%. The primary driver of this outperformance was stock selection in Information […]

AI research layers

Interpretive context generated from the platform’s current data sources.

Thermo Fisher Scientific Inc. Stock Performance

Thermo Fisher Scientific Inc. shares closed at $698.34, declining 1.05% in the most recent session, per SID market data. Despite the daily pullback, the stock has demonstrated positive momentum across multiple timeframes, gaining 4.25% over the past month, 20.88% over the trailing three months, and 10.61% year-over-year. The stock trades well above key moving averages, sitting 6.50% above its 50-day moving average of $655.71 and 28.31% above its 200-day moving average of $544.31, according to Massive/Polygon technical data. The 14-day relative strength index registers at 56.7, indicating neutral momentum without overbought or oversold conditions. Thermo Fisher carries a beta of 0.902, reflecting slightly lower volatility than the broader market. Average daily trading volume stands at approximately 2.05 million shares, supporting consistent liquidity for institutional and retail participants. The company maintains a market capitalization of approximately $219.4 billion.

Thermo Fisher Scientific Inc. Valuation Analysis

Thermo Fisher Scientific Inc. currently trades at a price-to-earnings ratio of 33.30, positioning it at a premium relative to the broader Healthcare sector, per SID market data. The company's price-to-book ratio stands at 4.29, reflecting the market's valuation of intangible assets including its extensive intellectual property portfolio and brand value. The PEG ratio registers at an elevated 577.17, suggesting that the current earnings multiple is not supported by near-term earnings growth expectations, according to SEC filings. Thermo Fisher offers a modest dividend yield of 0.29%, consistent with the company's capital allocation strategy that historically prioritizes reinvestment and acquisitions over shareholder distributions. With a market capitalization of $219.4 billion, Thermo Fisher remains one of the largest pure-play life sciences companies globally. Investors appear willing to pay a premium valuation for the company's diversified revenue streams and dominant market positioning across laboratory equipment, diagnostics, and specialty chemicals.

Smart Money Activity for TMO

Thermo Fisher Scientific Inc. registers a composite smart money score of 46, signaling a neutral overall positioning among sophisticated market participants, per SID market data. Institutional ownership receives a perfect score of 25 out of 25, indicating exceptionally strong conviction from large asset managers and pension funds. However, insider activity scores a more moderate 9.4 out of 25, with SEC Form 4 filings revealing 20 insider transactions over the past 90 days, comprising 6 purchases and 14 sales. The sell-to-buy ratio of roughly 2.3-to-1 reflects net insider disposition, though such activity can reflect routine diversification rather than bearish sentiment. Dark pool activity scores 8.5 out of 25, suggesting below-average institutional accumulation through off-exchange venues. Congressional trading activity registers at just 3.2 out of 25, according to disclosure filings, indicating minimal legislative interest in the stock. The divergence between strong institutional holdings and moderate insider confidence warrants monitoring as a potential signal of near-term directional uncertainty.

Thermo Fisher Scientific Inc. Earnings Outlook

Thermo Fisher Scientific Inc. has delivered three consecutive quarters of earnings beats, according to company earnings reports. In the most recent reported quarter, the company posted earnings per share of $6.68 against a consensus estimate of $6.40, representing a positive surprise of $0.28 or 4.38%. The prior quarter saw EPS of $6.03 versus the $5.71 estimate, a beat of $0.32 or 5.60%, while the quarter before that produced EPS of $5.44 compared to the $5.23 estimate, a $0.21 upside surprise. The sequential earnings trajectory from $5.44 to $6.03 to $6.68 demonstrates accelerating profitability across the three reported periods. Looking ahead, analyst estimates project EPS of $5.71 for the upcoming reporting period scheduled for July 2026. The consistent pattern of exceeding Wall Street expectations by an average of $0.27 per quarter underscores management's track record of conservative guidance and operational execution.

Wall Street Analyst Ratings for TMO

Wall Street consensus on Thermo Fisher Scientific Inc. remains unanimously bullish, with all five most recent analyst actions reaffirming positive ratings, according to Wall Street analyst reports. On October 30, 2026, Argus Research maintained its Buy rating, followed by Citigroup reiterating Buy on October 23. Both TD Cowen and Stifel reiterated Buy ratings on October 22, while Baird maintained its Outperform rating on the same date. Notably, none of the recent analyst actions involved upgrades or downgrades, as each firm carried forward its prior bullish stance, per SID consensus data. The clustering of reaffirmations around late October aligns with the company's most recent earnings release on October 21, where Thermo Fisher beat estimates by $0.28 per share. The absence of any Hold or Sell ratings among recent coverage updates reflects broad institutional confidence in the company's competitive positioning within the life sciences tools and diagnostics markets. No analyst downgrades have been recorded in the current review period.