Thermo Fisher Scientific forecasts annual profit below estimates as research funding declines

Thermo Fisher Scientific beat quarterly estimates but issued a cautious 2026 outlook citing cuts to research funding. The company’s shares fell on the news.

Insights:
Thermo Fisher Scientific Inc. reported fourth-quarter results that exceeded analyst expectations on Thursday but issued a cautious full-year forecast that fell short of Wall Street estimates. The company attributed its weaker outlook to expected continued cuts in academic and government research funding within the US USUSthroughout 2026. Following the announcement on January 29, 2026, shares of Thermo Fisher Scientific Inc.fell 2.24% as investors weighed the impact of persistent funding weakness on future profitability.
FILE PHOTO: A company flag flies outside the offices of Thermo Fisher Scientific offices in Waltham, Massachusetts, U.S., August 2, 2023. REUTERS/Brian Snyder/File Photo
FILE PHOTO: A company flag flies outside the offices of Thermo Fisher Scientific offices in Waltham, Massachusetts, U.S., August 2, 2023. REUTERS/Brian Snyder/File Photo
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.