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TMO · NYSE · STOCK

Thermo Fisher Scientific (TMO) Stock Analysis

Healthcare Updated August 23, 2026
$629.32
52W $435.27 – $643.99
62/100
$233.85B
33.8
0.85
AI Committee Verdict
Buy
62/100
Conviction: High · 83% agreement · 6 analysts
+2.3%
-11.9%
0.19:1
High
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.

Is TMO Bullish or Bearish?

Bullish. Innellis AI committee rates Thermo Fisher Scientific (TMO) Buy with a composite score of 62/100 , based on 6 analysts with 83% agreement. Last updated August 23, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +13.32 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -6.68 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The primary driver is news sentiment is positive (+0.40 across 36 articles, 14d). The main limiting factor is p/e of 31.9 is moderate-to-rich. The committee is constructive but not yet at full conviction.

Bull & Bear Case

Bull Case
  • 5 consecutive earnings beats -- consistent execution — Growth
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • Price structure making higher highs and higher lows — Technical
  • MACD histogram positive -- bullish momentum — Technical
  • Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
  • News sentiment is positive (+0.40 across 36 articles, 14d) — News
Bear Case
  • P/E of 31.9 is moderate-to-rich — Value
  • Price-to-book of 4.1x prices in significant intangible value — Value
  • RSI at 80 is in overbought territory — Technical
  • Price trading above the upper Bollinger Band -- stretched — Technical
  • Weekly RSI at 83 -- overbought on the larger timeframe too — Technical
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 23, 2026
Overall Committee Score
62/100
Agreement
83%
Analysts
6
Conviction
High
Sector Rank
Top 26%
of 192 Healthcare peers
Value Analyst bearish
35 / 100 · Moderate confidence
Multiples don't clear a genuine value bar here, or cheapness looks justified by weak fundamentals
− P/E of 31.9 is moderate-to-rich
Growth Analyst bullish
68 / 100 · High confidence
Strong, accelerating growth with consistent execution
+ 5 consecutive earnings beats -- consistent execution
Technical Analyst bullish
61 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− RSI at 80 is in overbought territory
Risk Analyst bullish
70 / 100 · Low confidence
Risk profile is manageable -- leverage, volatility, and event exposure all look contained
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst bullish
70 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.40 across 36 articles, 14d)
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3069.37)
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Investment Thesis Evolution

Committee score moved marginally from 61.7 to 61.7.

Comparing 2026-08-22 to 2026-08-23 (1 day apart).

Technical Analysis

RSI (14)
79.7
Overbought
MACD Histogram
1.426
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Mixed
Support
$554.60
Resistance
$643.71
Bollinger %B
1.02
Above Upper Band
Price vs Moving Averages
EMA 9
$606.33 Above
EMA 21
$587.29 Above
EMA 50
$554.48 Above
EMA 200
$523.57 Above

Fundamental Analysis

Valuation
27
Growth
73
Profitability
63
Financial Health
74
Cash Flow
70
Valuation
P/E Ratio 33.8×
P/B Ratio 4.43×
PEG Ratio 4.54
Dividend Yield 0.29%
52W High $643.99
52W Low $435.27
Quality & Growth
ROE 1261.5%
ROA 610.6%
Gross Margin 4037.2%
Operating Margin 1768.6%
Revenue Growth YoY
Debt / Equity 0.81
AI Fundamental Assessment
P/E ratio of 33.8 (rich relative to a 15-40x range); Price-to-book of 4.4x; PEG ratio of 4.5 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 12.6%; Return on assets of 6.1%; Net margin of 15.1%; Gross margin of 40.4%; Current ratio of 1.55 (healthy short-term liquidity); Debt-to-equity of 0.81; Free cash flow per share is positive (19.73); Most recent quarter beat estimates by 4.5%; 5 consecutive earnings beats; EPS growth accelerating (-17.2% -> +10.8% QoQ); Average YoY EPS growth of 12.5%; Analyst estimates falling over recent quarters
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