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Thermo Fisher Expects 7% Annual Organic Revenue Growth Over Long Term

Provided by Dow Jones May 20, 2026, 1:05:00 PM

By Nicholas G. Miller

Thermo Fisher Scientific expects to record 7% annual organic revenue growth and low-teens adjusted-earnings-per-share growth over the long term.

The company, which is hosting its investor day Wednesday, said its market has improving demand trends and strong long-term growth fundamentals.

It also said AI will be a long-term driver of growth by accelerating scientific breakthroughs and improving returns on drug discovery, thereby fueling additional investment into Thermo Fisher customers' drug pipelines.

Write to Nicholas G. Miller at nicholas.miller@wsj.com

(END) Dow Jones Newswires

May 20, 2026 09:05 ET (13:05 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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