Deutsche Bank sets USD 720 target for Thermo Fisher Scientific stock
Published on 10/05/2026 at 14:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Deutsche Bank set a USD 720.00 price target for Thermo Fisher Scientific and reaffirmed a Buy rating on September 25, 2026, according to MarketBeat. The stock was trading at EUR 584.90 at Lang & Schwarz on October 5, 2026 at 2:08 p.m. CEST, up 0.50 percent versus the prior close of EUR 582.00.
USD 720 target sets the benchmark
The Deutsche Bank target is the clearest current valuation reference in the recent analyst coverage. MarketBeat also reported on October 1, 2026 that UBS had upgraded Thermo Fisher from Neutral to Buy and raised its target from USD 540.00 to USD 730.00 on September 8, 2026. The same report listed a Moderate Buy consensus and an average target of USD 628.78.
That analyst range matters because the company enters its next reporting date after a strong second quarter. The current Lang & Schwarz quote is dated in euros, while the analyst targets are in US dollars and are not combined into one return calculation.
Second-quarter revenue reached USD 11.99 billion
Thermo Fisher reported USD 11.99 billion in second-quarter 2026 revenue, compared with USD 11.71 billion expected by analysts, according to MarketBeat. Revenue was 10.50 percent higher than the USD 10.86 billion reported for the second quarter of 2025, while GAAP diluted earnings per share increased from USD 4.28 to USD 4.68, a 9.35 percent gain.
The earnings mix also showed a difference between accounting measures. Adjusted earnings per share reached USD 6.03 against a USD 5.71 consensus estimate in the second quarter of 2026, and fiscal 2026 adjusted earnings-per-share guidance stood at USD 24.93 to USD 25.33, MarketBeat reported.
Third-quarter results arrive October 21
Thermo Fisher will release its third-quarter 2026 results before the US market opens on October 21, 2026, and will hold its earnings call at 7:00 a.m. ET, the company said in an investor-relations release dated September 28, 2026. The date gives investors a defined checkpoint for testing whether the second-quarter revenue and earnings pace is continuing.
Thermo Fisher had a market capitalization of USD 242.1 billion and a 52-week range of USD 435.27 to USD 683.63 as of October 2, 2026. The next report therefore arrives with the shares below their documented yearly high and with the upcoming earnings date already set.
EUR 584.90 quote anchors the session
At Lang & Schwarz, Thermo Fisher Scientific stock was trading at EUR 584.90 on October 5, 2026 at 2:08 p.m. CEST, plus 0.50 percent versus the EUR 582.00 prior close of October 2, 2026. The primary listing is on the NYSE in USD, so its market figures remain separate from the euro reference quote.
The further course of trading is shown by the continuously updated real-time quote of Thermo Fisher Scientific stock.
Thermo Fisher Scientific stock facts
- Company: Thermo Fisher Scientific Inc.
- ISIN: US8835561023
- Ticker: TMO
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 5, 2026, 2:08 p.m. CEST: EUR 584.90
- Change versus prior close: plus 0.50 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 582.00
- Market capitalization: USD 242.1 billion as of October 2, 2026
- 52-week range: USD 435.27-683.63 as of October 2, 2026
- Sector / Industry: Healthcare / Medical - Diagnostics & Research
- Next earnings date: October 21, 2026
