3M Company (MMM)
NYSE: MMM · Real-Time Price · USD
144.98
-4.10 (-2.75%)
At close: Feb 21, 2025, 4:00 PM
144.96
-0.02 (-0.01%)
After-hours: Feb 21, 2025, 4:24 PM EST
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 an increase of 0.40% from the current stock price of 144.98.
Analyst Consensus: Buy
* Price targets were last updated on Jan 22, 2025.
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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 7 | 7 | 7 | 7 |
| Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Hold | 4 | 4 | 3 | 3 | 2 | 2 |
| Sell | 2 | 2 | 2 | 2 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 15 | 15 | 15 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Sell Reiterates $96 | Sell | Reiterates | $96 | -33.78% | Jan 22, 2025 |
| B of A Securities | B of A Securities | Strong Buy Maintains $160 → $175 | Strong Buy | Maintains | $160 → $175 | +20.71% | Jan 22, 2025 |
| Citigroup | Citigroup | Hold Maintains $142 → $152 | Hold | Maintains | $142 → $152 | +4.84% | Jan 22, 2025 |
| Barclays | Barclays | Buy Maintains $161 → $165 | Buy | Maintains | $161 → $165 | +13.81% | Jan 22, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $162 → $165 | Buy | Maintains | $162 → $165 | +13.81% | Jan 22, 2025 |
Financial Forecast
Revenue This Year
24.09B
from 24.58B
Decreased by -1.96%
Revenue Next Year
24.85B
from 24.09B
Increased by 3.14%
EPS This Year
7.89
from 7.56
Increased by 4.37%
EPS Next Year
8.51
from 7.89
Increased by 7.95%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 25.3B | 26.3B | 27.9B | ||
| Avg | 24.1B | 24.9B | 25.9B | ||
| Low | 23.2B | 23.7B | 24.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.9% | 9.0% | 12.4% | ||
| Avg | -2.0% | 3.1% | 4.3% | ||
| Low | -5.7% | -1.5% | -1.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 8.33 | 9.38 | 10.22 | ||
| Avg | 7.89 | 8.51 | 9.36 | ||
| Low | 7.55 | 7.31 | 8.62 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 10.2% | 18.9% | 20.0% | ||
| Avg | 4.4% | 7.9% | 10.0% | ||
| Low | -0.1% | -7.3% | 1.3% |
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.