Thermo Fisher Scientific Inc., US8835561023

TD Cowen raises target for Thermo Fisher stock from USD 675 to USD 760

Published on 10/21/2026 at 11:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are due October 21, 2026. Thermo Fisher Scientific stock costs EUR 617.40 on October 21, 2026 before the results call.

Analyst targets and results date

TD Cowen raised its Thermo Fisher target from USD 675 to USD 760 on October 13, 2026.
Thermo Fisher's third-quarter results are scheduled for October 21, 2026.
Thermo Fisher Scientific stock trades at EUR 617.40 at 11:10 a.m. CEST at Lang & Schwarz on October 21, 2026.

Isometrische Illustration einer Biotech-Wertschöpfungskette mit Labor, Fabrik und Lieferwagen — Isometrische 3D-Grafik zeigt Thermo Fisher Sci. US8835561023 als Wertschöpfungskette von Labor, Produktion bis Auslieferung, Illustration mit AI erstellt.

Thermo Fisher Scientific Inc. (ISIN US8835561023) stock was trading at EUR 617.40 at Lang & Schwarz on October 21, 2026 at 11:10 a.m. CEST. The price target debate intensified before the company reports third-quarter results.

According to Benzinga on October 13, 2026, TD Cowen raised its target for Thermo Fisher from USD 675 to USD 760 while keeping a Buy rating. Morgan Stanley also lifted its target from USD 650 to USD 730 on the same date.

Targets point to earnings expectations

The revisions put the upcoming report at the center of the investment case. Benzinga reported consensus expectations of adjusted earnings per share of USD 6.40 and revenue of USD 11.93 billion for the third quarter, compared with USD 5.79 and USD 11.12 billion in the year-ago period.

Three target moves since September

On September 9, 2026, UBS upgraded Thermo Fisher from Neutral to Buy and raised its target from USD 540 to USD 730, according to Benzinga. Barclays followed on October 7, lifting its target from USD 650 to USD 750 while maintaining an Overweight rating.

TD Cowen's October 13 revision was the latest of the three cited moves. The contrast between higher targets and the upcoming results makes earnings delivery and management's forward commentary the next measurable test.

What date matters next?

Thermo Fisher Scientific scheduled its third-quarter earnings call for October 21, 2026, at 7:00 a.m. ET. The event is the next dated catalyst for revenue, earnings and outlook figures.

Stock price and investor perspective

Thermo Fisher Scientific provides laboratory technologies, diagnostics, analytical instruments and pharmaceutical services. The company serves research, healthcare and biopharma customers through brands including Thermo Scientific, Applied Biosystems, Fisher Scientific, Patheon and PPD.

The stock was trading at EUR 617.40 at Lang & Schwarz on October 21, 2026 at 11:10 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Thermo Fisher Scientific stock.