TD Cowen raises target for Thermo Fisher Scientific stock from USD 675 to USD 760
Published on 10/15/2026 at 09:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and upcoming results
- TD Cowen set a USD 760.00 target on October 13, 2026.
- Second-quarter revenue rose 10.00 percent to USD 11.99 billion.
- Thermo Fisher Scientific stock was trading at EUR 608.80 at 9:34 a.m. CEST at Lang & Schwarz on October 15, 2026.
Thermo Fisher Scientific Inc. (ISIN US8835561023) was trading at EUR 608.80 at Lang & Schwarz on October 15, 2026, at 9:34 a.m. CEST. Markets Insider reported that TD Cowen raised its price target from USD 675.00 to USD 760.00 on October 13, 2026, while keeping a Buy rating.
TD Cowen lifts the target
The target change arrived before Thermo Fisher's third-quarter results. TD Cowen analyst Dan Brennan cited improving demand trends in pharmaceutical and biotechnology markets in the October 13 note, according to Markets Insider.
Three dated stock events
On July 23, 2026, Thermo Fisher reported second-quarter revenue of USD 11.99 billion and adjusted earnings per share of USD 6.03, according to MarketBeat. On October 12, Morgan Stanley raised its target from USD 650.00 to USD 730.00, as Markets Insider reported. On October 13, TD Cowen set the USD 760.00 target.
When are the next results?
Thermo Fisher Scientific plans to release third-quarter 2026 results before the market opens on October 21, 2026, followed by a conference call at 7:00 a.m. ET. The company reported USD 11.99 billion of revenue in the second quarter, a 10.00 percent increase from the prior-year quarter.
Why the next report matters
The upcoming report will test whether the demand improvement behind the TD Cowen target can support another period of growth. The prior quarter also included adjusted operating income of USD 2.73 billion and an adjusted operating margin of 22.80 percent, according to the published earnings-call transcript.
Stock price before results
For investors, the immediate reference point is the euro quotation rather than the target prices in US dollars. Thermo Fisher Scientific is listed on the NYSE under TMO, and the company describes its business as serving life sciences research, diagnostics, laboratory products and biopharmaceutical services.
Thermo Fisher Scientific stock was trading at EUR 608.80 at Lang & Schwarz on October 15, 2026, at 9:34 a.m. CEST. 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 15, 2026, 9:34 a.m. CEST): EUR 608.80
- Market capitalization: USD 248.9 billion (as of October 14, 2026)
- 52-week range: USD 435.27-694.33 (as of October 14, 2026)
- Sector / Industry: Healthcare / Medical Diagnostics and Research
Market context: Market report S&P 500.
