3M Company Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for 3M Company stock have an average target of 145.56, with a low estimate of 96 and a high estimate of 184. The average target predicts a decrease of -4.03% from the current stock price of 151.68.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$96	$145.56	$150	$184
Change	-36.71%	-4.03%	-1.11%	+21.31%

Analyst Ratings

The average analyst rating for 3M Company stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	5	5	6	7	7	7
Buy	3	3	3	3	3	4
Hold	5	4	4	3	3	2
Sell	1	2	2	2	2	3
Strong Sell	0	0	0	0	0	0
Total	14	14	15	15	15	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Deane Dray RBC Capital	RBC Capital	Sell Reiterates $96	Sell	Reiterates	$96	-36.71%	Jan 22, 2025
Andrew Obin B of A Securities	B of A Securities	Strong Buy Maintains $160 → $175	Strong Buy	Maintains	$160 → $175	+15.37%	Jan 22, 2025
Andrew Kaplowitz Citigroup	Citigroup	Hold Maintains $142 → $152	Hold	Maintains	$142 → $152	+0.21%	Jan 22, 2025
Julian Mitchell Barclays	Barclays	Buy Maintains $161 → $165	Buy	Maintains	$161 → $165	+8.78%	Jan 22, 2025
Stephen Tusa JP Morgan	JP Morgan	Buy Maintains $162 → $165	Buy	Maintains	$162 → $165	+8.78%	Jan 22, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

24.26B

from 24.58B

-1.29%

from 24.58B

Revenue Next Year

25.10B

from 24.26B

3.48%

from 24.26B

EPS This Year

7.89

from 7.56

4.37%

from 7.56

EPS Next Year

8.59

from 7.89

8.88%

from 7.89

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	32.18B	35.36B	34.23B	32.68B	24.58B	24.26B	25.10B	27.10B
Revenue Growth	0.15%	9.85%	-3.18%	-4.52%	-24.80%	-1.29%	3.48%	7.94%
EPS	9.36	10.12	10.18	-12.63	7.56	7.89	8.59	9.38
EPS Growth	21.24%	8.12%	0.59%	-	-	4.37%	8.88%	9.25%
Forward PE	-	-	-	-	-	19.23	17.66	16.17
No. Analysts	-	-	-	-	-	21	20	11

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	25.8B	26.7B	29.1B
Avg	24.3B	25.1B	27.1B
Low	23.0B	23.5B	25.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	4.9%	10.2%	16.0%
Avg	-1.3%	3.5%	7.9%
Low	-6.4%	-3.2%	1.3%

EPS Forecast

EPS	2025	2026	2027
High	8.33	9.38	10.22
Avg	7.89	8.59	9.38
Low	7.55	7.94	8.62

EPS Growth

EPS Growth	2025	2026	2027
High	10.2%	18.9%	19.0%
Avg	4.4%	8.9%	9.2%
Low	-0.1%	0.6%	0.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.