3M Company (MMM)
NYSE: MMM · IEX Real-Time Price · USD
106.07
+1.48 (1.42%)
At close: Mar 28, 2024, 4:01 PM
106.00
-0.07 (-0.07%)
After-hours: Mar 28, 2024, 7:57 PM EDT
3M Company Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for 3M Company stock have an average target of 110.45, with a low estimate of 84 and a high estimate of 159. The average target predicts an increase of 4.13% from the current stock price of 106.07.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for 3M Company stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 1 |
Hold | 12 | 12 | 12 | 12 | 12 | 9 |
Sell | 2 | 2 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 15 | 15 | 14 | 14 | 14 | 12 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Mizuho | Mizuho | Hold Maintains $105 | Hold | Maintains | $105 | -1.01% | Mar 27, 2024 |
RBC Capital | RBC Capital | Sell Reiterates $84 | Sell | Reiterates | $84 | -20.81% | Mar 20, 2024 |
Barclays | Barclays | Hold → Buy Upgrades $111 → $126 | Hold → Buy | Upgrades | $111 → $126 | +18.79% | Mar 19, 2024 |
Barclays | Barclays | Hold Maintains $110 → $111 | Hold | Maintains | $110 → $111 | +4.65% | Mar 11, 2024 |
RBC Capital | RBC Capital | Sell Maintains $85 → $84 | Sell | Maintains | $85 → $84 | -20.81% | Mar 7, 2024 |
Financial Forecast
Revenue This Year
32.18B
from 32.68B
Decreased by -1.55%
Revenue Next Year
33.24B
from 32.18B
Increased by 3.32%
EPS This Year
9.66
from -12.63
EPS Next Year
10.30
from 9.66
Increased by 6.63%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 33.7B | 35.2B | 37.7B | 40.7B |
Avg | 32.2B | 33.2B | 34.5B | 39.2B |
Low | 30.9B | 31.3B | 32.1B | 38.0B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 3.2% | 9.4% | 13.4% | 18.1% |
Avg | -1.5% | 3.3% | 3.8% | 13.6% |
Low | -5.4% | -2.7% | -3.5% | 10.2% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 10.22 | 11.13 | 11.81 | 12.20 |
Avg | 9.66 | 10.30 | 10.96 | 11.74 |
Low | 9.19 | 9.56 | 10.19 | 11.39 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | - | 15.2% | 14.6% | 11.3% |
Avg | - | 6.6% | 6.4% | 7.1% |
Low | - | -1.1% | -1.1% | 3.9% |
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.