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3M (MMM) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MMM Stock Forecast

3M (MMM) stock forecast, based on 31 Wall Street analysts, predicts a 12-month average price target of $148.40, with a high of $184.00 and a low of $100.00. This represents a 13.97% increase from the last price of $130.21.

$90 $109 $128 $147 $166 $185 High: $184 Avg: $148.4 Low: $100 Last Closed Price: $130.21

MMM Stock Rating

3M stock's rating consensus is Buy, based on 31 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 17 Buy (54.84%), 14 Hold (45.16%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 31 0 14 17 Strong Sell Sell Hold Buy Strong Buy

MMM Price Target Upside V Benchmarks

TypeNameUpside
Stock3M13.97%
SectorIndustrials Stocks 29.76%
IndustryConglomerate Stocks 18.87%

Price Target Trends

1M3M12M
# Anlaysts--14
Avg Price Target--$138.50
Last Closing Price$130.21$130.21$130.21
Upside/Downside--6.37%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 252951219
Mar, 252951219
Feb, 252951219
Jan, 252971221
Dec, 242861219
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 12, 2024Markus MittermaierUBS$184.00$130.3541.16%41.31%
Oct 23, 2024Andrew ObinBank of America Securities$160.00$129.0523.98%22.88%
Oct 23, 2024Deane DrayRBC Capital$100.00$131.73-24.09%-23.20%
Oct 22, 2024Jonathan SakraidaCFRA$165.00$131.7325.26%26.72%
Oct 22, 2024Andrew KaplowitzCitigroup$133.00$134.84-1.36%2.14%
Oct 16, 2024Brett LinzeyMizuho Securities$146.00$135.737.57%12.13%
Oct 02, 2024Julian MitchellBarclays$160.00$137.0616.74%22.88%
Sep 24, 2024Laurence AlexanderJefferies$146.00$135.647.64%12.13%
Sep 06, 2024Christopher SnyderMorgan Stanley$125.00$131.40-4.87%-4.00%
Jul 31, 2024Nicole DeblaseDeutsche Bank$150.00$126.9518.16%15.20%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Nov 12, 2024UBSBuyBuyupgrade
Oct 23, 2024Bank of America SecuritiesBuyBuyhold
Oct 23, 2024RBC CapitalUnderperformUnderperformhold
Oct 23, 2024BarclaysOverweightOverweighthold
Oct 22, 2024CFRABuyBuyhold
Oct 22, 2024CitigroupNeutralNeutralhold
Oct 02, 2024BarclaysOverweightOverweighthold
Sep 24, 2024JefferiesHoldHoldhold
Sep 06, 2024Morgan StanleyEqual-WeightUnderweightinitialise
Jul 31, 2024BernsteinUnderperformOutperformupgrade

Financial Forecast

EPS Forecast

$-15 $-9 $-3 $3 $9 $15 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$9.43$10.23$10.21$-12.63$7.58----
Avg Forecast$7.11$8.21$8.51$7.64$7.29$7.81$8.51$9.22$10.88
High Forecast$7.33$8.46$9.00$7.70$7.32$7.93$8.78$9.23$11.35
Low Forecast$6.95$8.02$8.32$7.54$7.21$7.71$8.27$9.22$10.66
Surprise %32.63%24.60%19.98%-265.31%3.98%----

Revenue Forecast

$20B $24B $28B $32B $36B $40B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$32.18B$35.35B$34.23B$32.68B$24.57B----
Avg Forecast$32.00B$35.34B$34.19B$31.51B$23.60B$23.85B$24.63B$25.49B$27.68B
High Forecast$32.75B$36.16B$35.71B$32.26B$23.62B$23.98B$24.86B$25.64B$28.60B
Low Forecast$31.43B$34.71B$33.59B$31.11B$23.58B$23.61B$24.43B$25.34B$27.25B
Surprise %0.57%0.05%0.11%3.71%4.12%----

Net Income Forecast

$-10B $-6B $-2B $2B $6B $10B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$5.45B$5.92B$5.78B$-7.00B$4.17B----
Avg Forecast$5.06B$4.97B$3.82B$-7.00B$4.01B$4.32B$4.71B$5.09B$6.01B
High Forecast$6.07B$5.97B$4.58B$-5.60B$4.05B$4.38B$4.85B$5.10B$6.27B
Low Forecast$4.05B$3.98B$3.06B$-8.39B$3.98B$4.26B$4.57B$5.09B$5.89B
Surprise %7.67%19.07%51.27%-4.09%----

MMM Forecast FAQ

Is 3M stock a buy?

3M stock has a consensus rating of Buy, based on 31 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 17 Buy, 14 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that 3M is a favorable investment for most analysts.

What is 3M's price target?

3M's price target, set by 31 Wall Street analysts, averages $148.4 over the next 12 months. The price target range spans from $100 at the low end to $184 at the high end, suggesting a potential 13.97% change from the previous closing price of $130.21.

How does 3M stock forecast compare to its benchmarks?

3M's stock forecast shows a 13.97% upside, underperforming the average forecast for the industrials stocks sector (29.76%) and underperforming the conglomerate stocks industry (18.87%).

What is the breakdown of analyst ratings for 3M over the past three months?

  • April 2025: 10.53% Strong Buy, 47.37% Buy, 26.32% Hold, 5.26% Sell, 10.53% Strong Sell.
  • March 2025: 10.53% Strong Buy, 47.37% Buy, 26.32% Hold, 5.26% Sell, 10.53% Strong Sell.
  • February 2025: 10.53% Strong Buy, 47.37% Buy, 26.32% Hold, 5.26% Sell, 10.53% Strong Sell.

What is 3M’s EPS forecast?

3M's average annual EPS forecast for its fiscal year ending in December 2025 is $7.81, marking a 3.03% increase from the reported $7.58 in 2024. Estimates for the following years are $8.51 in 2026, $9.22 in 2027, and $10.88 in 2028.

What is 3M’s revenue forecast?

3M's average annual revenue forecast for its fiscal year ending in December 2025 is $23.85B, reflecting a -2.96% decrease from the reported $24.58B in 2024. The forecast for 2026 is $24.63B, followed by $25.49B for 2027, and $27.68B for 2028.

What is 3M’s net income forecast?

3M's net income forecast for the fiscal year ending in December 2025 stands at $4.32B, representing an 3.48% increase from the reported $4.17B in 2024. Projections indicate $4.71B in 2026, $5.09B in 2027, and $6.01B in 2028.