Thermo Fisher Scientific Surges to 53rd in Daily Trading Volume with 15.88 Billion Shares Exchanged

On May 12, 2025, Thermo Fisher Scientific (TMO) saw a significant surge in trading volume, with a total of 15.88 billion shares exchanged, marking a 68.79% increase from the previous day. This substantial trading activity placed TMO at the 53rd position in terms of daily trading volume. The stock price of TMO also experienced a notable increase, rising by 7.31%.

Thermo Fisher Scientific reported earnings per share (EPS) of $5.15 for the quarter, surpassing analysts' consensus estimates of $5.10 by $0.05. The company's revenue for the quarter was $10.36 billion, indicating strong financial performance.

Insider trading activity for Thermo Fisher Scientific has been relatively high, with 39 trades executed in the past six months. Out of these trades, only one was a purchase, while the remaining 38 were sales. This trend suggests that insiders may be taking profits from the recent stock price appreciation.

Analysts have provided a range of price targets for Thermo Fisher Scientific, with an average target price of $567.35. This target implies a potential upside of 32.11% from the current stock price. The consensus recommendation from brokerage firms is an "Outperform" rating, indicating that analysts generally view the stock favorably.

Thermo Fisher Scientific's stock price has been volatile, with recent fluctuations reflecting market sentiment and investor expectations. The company's strong financial performance and positive analyst outlook suggest that the stock may continue to attract investor interest in the near term.