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Sohini Mondal

Are Wall Street Analysts Bullish on Thermo Fisher Scientific Stock?

Thermo Fisher TMO

With a market cap of $155.6 billion, Thermo Fisher Scientific Inc. (TMO) is a global leader in serving science, offering innovative technologies, services, and solutions to accelerate research and improve healthcare. The company now operates through key segments including Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Biopharma Services.

Shares of the Waltham, Massachusetts-based company have underperformed the broader market over the past 52 weeks. TMO has decreased 31% over this time frame, while the broader S&P 500 Index ($SPX) has gained 12.5%. Moreover, TMO stock has dropped 20.8% on a YTD basis, compared to SPX's 1.3% rise.

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