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NYSE:TMO 23 January 2026 - 15 February 2026

Thermo Fisher Scientific Inc stock nudges higher as Franklin closure plan targets up to 80 layoffs

Thermo Fisher Scientific Inc stock nudges higher as Franklin closure plan targets up to 80 layoffs

Thermo Fisher Scientific shares climbed roughly 0.7% to $582.94 in midday Monday trading. The company plans to wind down operations at its Franklin, Massachusetts facility by the end of 2026, cutting as many as 80 jobs, according to a state notice and a company spokesperson cited by Fierce Pharma. During the session, the stock fluctuated between $573.32 and $583.69.
2 February 2026
Thermo Fisher stock slides on 2026 profit outlook as research funding cuts bite — what’s next for TMO

Thermo Fisher stock slides on 2026 profit outlook as research funding cuts bite — what’s next for TMO

Shares of Thermo Fisher Scientific Inc fell 2.6% to close at $592.16 on Thursday, dropping more than Danaher, which was down 2.3%, and Agilent, down 0.4%. The decline came after the company forecast 2026 profits below Wall Street expectations and flagged challenges from cuts to U.S. academic research funding. Thermo Fisher projected adjusted 2026 earnings between $24.22 and $24.80 per share, and revenue of $46.3 billion to $47.2 billion, compared with LSEG consensus estimates of $24.61 and $46.54 billion. CEO Marc Casper said the firm expects “similar conditions to last year” for academic and government clients. Bernstein analysts described the company’s 1% to 2% growth forecast for the first quarter as “soft.”
30 January 2026
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