In this research, linear thermal buckling of a composite conical shell made from a polymeric matrix and reinforced with carbon nanotube fibres is investigated. Distribution of reinforcements across the shell thickness is assumed to be uniform or functionally graded. Thermomechanical properties of the constituents are temperature dependent. Under the assumption of first order shear deformation shell theory, Donnell kinematic assumptions and von Kármán type of geometrical nonlinearity, the complete set of equilibrium equations and boundary conditions of the shell are obtained. A linear membrane analysis is carried out to obtain the pre-buckling thermal stresses of the shell. Adjacent equilibrium criterion is implemented to establish the stability equations associated with the buckling state. The resulting equations are discreted by means of trigonometric expansion through the circumferential direction and discrete singular convolution method through the shell length. The established eigenvalue problem is solved iteratively to obtain the critical buckling temperature and critical mode number. Parametric studies are presented to explore the influences of semi-vertex angle, volume fraction of CNTs, distribution pattern of CNTs and boundary conditions. It is shown that, conical shells with intermediate carbon nanotube volume fraction do not have, necessarily, intermediate critical buckling temperature.