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Goldman Sachs Raises Target to USD 780 for Thermo Fisher Stock

Guavy AI Editorial Team
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Thermo Fisher Scientific Inc., ticker TMO, saw its stock price rise by 0.52 percent to EUR 584.70 on Lang & Schwarz on October 2, 2026 at 3:34 p.m. CEST.

In a recent upgrade, Goldman Sachs increased its target for the company's stock to USD 780, while maintaining a Buy rating.

The upgrade was based on revenue growth, which reached USD 11.99 billion in the second quarter of 2026, a 10 percent increase from the same period last year.

Adjusted earnings per share were USD 6.03, up 13 percent year over year, and adjusted operating income hit USD 2.73 billion, with an expanded adjusted operating margin of 22.80 percent.

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