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
Target Low Average Median High
Price $84 $110.45 $105 $159
Change -20.81% +4.13% -1.01% +49.90%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111111
Buy 000001
Hold 12121212129
Sell 221111
Strong Sell 000000
Total 151514141412

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
Buy
Upgrades
$111$126
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
More Analyst Ratings

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%
Year 201920202021202220232024202520262027
Revenue
32.14B32.18B35.36B34.23B32.68B32.18B33.24B34.51B39.19B
Revenue Growth
-1.92%0.15%9.85%-3.18%-4.52%-1.55%3.32%3.80%13.59%
EPS
7.729.3610.1210.18-12.639.6610.3010.9611.74
EPS Growth
-13.16%21.24%8.12%0.59%--6.63%6.39%7.06%
No. Analysts -----2121112
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
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 2024202520262027
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 2024202520262027
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.