New York, Jan 14, 2026, 18:59 EST — After-hours
- Shares of Thermo Fisher climbed during regular trading and remained stable after hours
- CEO Marc Casper highlighted new contract wins linked to reshoring drug manufacturing to the U.S.
- A recent SEC filing revealed leadership shifts set to take effect in March
Shares of Thermo Fisher Scientific climbed 2.4% to close at $621.83 on Wednesday, then held steady after hours. The stock fluctuated between $604.50 and $623.99 during the session, with roughly 2.46 million shares changing hands.
This shift is significant since Thermo Fisher’s stock tends to reflect broader trends in lab demand and outsourcing spending, not merely its own financial results. With company leaders attending the J.P. Morgan Healthcare Conference and earnings approaching, investors are eager for any signs of more consistent orders heading into 2026.
Chief Executive Marc Casper said Tuesday that the company’s pharmaceutical services unit has secured contracts to help clients move production from Europe or Asia back to the U.S., calling it a “very big focus on reshoring.” He expects this trend to boost results in 2027 and 2028. Evercore ISI analyst Vijay Kumar noted the company sounded upbeat but didn’t “raise the bar” for 2026. 1
A Form 8-K filed Monday revealed a leadership shakeup following top-level exits. COO Michel Lagarde is set to leave on March 31, with EVP Frederick Lowery stepping down earlier on Feb. 28. Gianluca Pettiti will step in as president and COO starting March 1. Casper will take on the roles of chairman and CEO, while Michael Shafer’s responsibilities will grow under the CEO’s direction. 2
Thermo Fisher announced a new partnership with Nvidia to integrate AI deeper into lab workflows and automation. Pettiti remarked that “artificial intelligence coupled with laboratory automation will transform how scientific work is performed.” Nvidia’s healthcare VP Kimberly Powell added they’re working on building infrastructure for “autonomous labs.” 3
Thermo Fisher rose even as Wall Street’s main indexes dipped, with investors digesting uneven bank results and fresh U.S. economic figures. The broader market pullback left defensive sectors, like certain healthcare stocks, holding up better than big tech. 4
Investors often compare Thermo Fisher with life-sciences tools rivals like Danaher and Agilent Technologies, particularly when conference-season remarks adjust the outlook on end markets. Even slight shifts in biotech funding can swiftly impact instrument orders.
“Reshoring” here refers to drugmakers shifting production nearer to U.S. patients, aiming to reduce supply-chain risks and dodge possible import tariffs. For Thermo Fisher, the key opportunity lies in long-cycle contract development and manufacturing work — valuable but prone to uneven quarterly results.
The policy landscape remains uncertain, and securing contracts doesn’t guarantee quick profits if projects delay or clients postpone schedules. March’s management shake-up adds another layer of execution risk, although investors see the succession as smooth.
Thermo Fisher plans to report its Q4 and full-year 2025 results ahead of the market open on Jan. 29, followed by a conference call at 8:30 a.m. ET. Investors will be zeroing in on the 2026 outlook and any specifics on how quickly reshoring efforts are translating into actual revenue. 5
