MMMMMMIndustrials · Conglomerates

MMM Stock Forecast: 3M Co. Price Predictions for 2026-2027

Last close, 17 Sept 2026
$165
+1.27% on the day

The 18 Wall Street analysts covering 3M Co. hold a median 12-month price target of $192 — +16.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 90 of 100 as at 17 Sept 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$83.9B
Ticker Nerd rank
90 / 100
Median analyst target
$192
Analysts covering
18
Revenue$6.5B+2.5% y/y
Operating income$1.3B
Net income$938.0M
Free cash flow$763.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+1.1%
1M
−8.2%
YTD
+4.3%
1Y
+8.1%
From 52W high
−10.0%
From 52W low
+17.8%
$140
$183
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

MMM stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores 3M Co. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 17 Sept 2026
90 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
95
Quality
93
Revisions
92
Volatility
81
Accruals
77
Momentum
74
Growth
52
Value
41
Size
3

Issuance (95): The share count has been shrinking and the company is not leaning on new borrowing.

Value (41): The shares cost a lot relative to the profits and assets behind them.

Size (3): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

MMM stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on MMM, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$120$140$160$180$200$220Oct 25Jan 26Apr 26Jul 26MMMHigh $219Median $192Low $120

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says18 analysts
9 Buy6 Hold3 Sell
Low $120Median $192High $219

The green dot is the last close — the median target sits +16.6% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 6 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
23 July 2026MizuhoMaintainsNeutral$160$180
22 July 2026BernsteinMaintainsUnderperform$140$145
22 July 2026CitigroupMaintainsNeutral$166$183
22 July 2026RBC CapitalMaintainsUnderperform$123$132
22 July 2026UBSMaintainsBuy$190$218
17 July 2026JP MorganUpgradeOverweight$178$180
16 July 2026RBC CapitalMaintainsUnderperform$133$123
10 June 2026BernsteinInitiatesUnderperform
22 Apr 2026RBC CapitalMaintainsUnderperform
22 Apr 2026Wells FargoMaintainsOverweight
13 Apr 2026CitigroupMaintainsNeutral
1 Apr 2026BarclaysMaintainsOverweight
1 Apr 2026Wells FargoMaintainsOverweight
21 Jan 2026CitigroupMaintainsNeutral
21 Jan 2026Deutsche BankMaintainsHold
21 Jan 2026Morgan StanleyMaintainsEqual-Weight
21 Jan 2026RBC CapitalMaintainsUnderperform
21 Jan 2026Wells FargoMaintainsOverweight
16 Jan 2026JP MorganDowngradeNeutral
8 Dec 2025Deutsche BankDowngradeHold

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. MMM appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

MMM vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 17 Sept 2026, 3M Co. returned +8.1% against +17.0% for the S&P 500, dividends included.

MMM vs S&P 500, last 12 monthsTotal return, rebased to 100
9095100105110115120125Oct 25Jan 26Apr 26Jul 26MMMS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

MMM analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+2.8%
Analysts raising
16
Analysts cutting
0
Fundamentals

3M Co. (MMM) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
29.3×

Cheaper than 26% of US stocks

Price / sales
3.4×

Cheaper than 37% of US stocks

Price / book
28.9×

Cheaper than 3% of US stocks

EV / EBITDA
14.1×

Cheaper than 25% of US stocks

Growth & margins
Revenue growth (YoY)
2.5%

Higher than 33% of US stocks

Earnings growth (YoY)
29.0%

Higher than 65% of US stocks

Gross margin
41.3%

Higher than 51% of US stocks

Operating margin
20.4%

Higher than 79% of US stocks

Net margin
11.9%

Higher than 73% of US stocks

Returns & dividend
Return on equity
81.9%

Higher than 95% of US stocks

Return on assets
8.7%

Higher than 90% of US stocks

Dividend yield
1.9%

Higher than 42% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

3M Co. (MMM) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • 3M Co. has a market value of $83.9B and an enterprise value of $91.8B.

  • Revenue in the twelve months to 30 June 2026: $25.2B. The latest quarter grew 2.5% year on year.

  • Net income over the same four quarters: $3.0B, a 12.0% net margin.

  • Diluted earnings per share, trailing twelve months: $5.63.

  • Free cash flow in the twelve months to 30 June 2026: $4.0B, after $826.0M of capital spending.

  • 3M Co. spent $4.0B on share buybacks and $1.6B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 515.7M.

  • Trailing P/E: 29.3×; forward P/E: 16.9× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.89%, paying out 54% of earnings.

  • 3M Co. employs 60,500 people $416K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 17 Sept 2026

Data provided by Twelve Data

Peers

MMM vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelConglomerates
CompanyMarket capTKN rank
MMM3M Co.$83.9B
90
HONHoneywell International, Inc.$65.4B
50
VMIValmont Industries, Inc.$9.3B
78
GHCGraham Holdings Co.$4.9B
33
JCIJohnson Controls International Plc*$86.2B
93
WMWaste Management, Inc.*$85.9B
82
CSXCSX Corp.*$89.1B
84

* Nearest Industrials names by size — few conglomerates companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own 3M Co. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest MMM news & analysis

3M, DuPont must face Connecticut firefighters' lawsuit over 'forever chemicals'

Reuters · 15 Sept 2026negative

A federal judge ruled that 3M, DuPont, Honeywell and more than 20 other defendants must face a lawsuit brought by Connecticut firefighters, who allege their protective gear was contaminated by toxic "forever chemicals" that increased their cancer risk.

Why it matters — The ruling keeps 3M involved in litigation over PFAS contamination in protective gear, adding potential legal exposure for the company.

3M CEO Touts Data-Center Push, Margin Gains and Progress Toward 2027 Targets

MarketBeat · 15 Sept 2026positive

3M Chairman and CEO Bill Brown said the company is making progress on operational execution, product innovation and structural transformation as it works toward the targets set out at its 2027 investor day, highlighting expansion in data-center markets and margin gains.

Why it matters — MMM watchers would care because the CEO's comments signal the company is advancing on the strategic operational and innovation goals it laid out for 2027, providing an update on its longer-term transformation.

3M Company (MMM) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript

Seeking Alpha · 15 Sept 2026neutral

3M Company presented at Morgan Stanley's 14th Annual Laguna Conference, with a transcript of its presentation published on Seeking Alpha. The presentation covered the company's prepared remarks and discussion at the event.

Why it matters — The transcript gives MMM watchers direct insight into the company's recent commentary and messaging delivered to investors at a major industry conference.

Can 3M Continue Its Strong Capital Returns to Shareholders?

Zacks Investment Research · 15 Sept 2026positive

Zacks reports that 3M's dividends, share buybacks, remaining repurchase capacity, and strong cash-flow outlook support continued shareholder returns. The article examines whether 3M can sustain its strong capital returns to shareholders.

Why it matters — A 3M watcher would care because the strength of its dividends and buybacks directly affects shareholder income and total return prospects.

3M Stock Rises 9.1% in a Year: Time to Buy, Hold or Exit?

Zacks Investment Research · 9 Sept 2026neutral

3M Co. shares rose 9.1% over the past year, supported by improved industrial and electronics demand. However, the company continues to face challenges including high debt, weak consumer sales, and valuation concerns in the near term.

Why it matters — The report highlights both the demand-driven gains and the persistent financial and market headwinds that could shape 3M's near-term performance.

FAQ

Frequently asked questions about MMM stock

What is the MMM stock price forecast for 2026-2027?

The 18 Wall Street analysts covering 3M Co. have a median 12-month price target of $192, with estimates ranging from $120 to $219. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is MMM stock a buy right now?

Of the 18 analysts covering 3M Co., 9 rate it a Buy, 6 a Hold and 3 a Sell. Ticker Nerd's systematic factor model ranks 3M Co. 90 out of 100 across roughly 4,600 US stocks as at 17 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank MMM?

As at 17 Sept 2026, 3M Co. ranks 90 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (95 of 100).

Will MMM stock go up?

No one can know that. What the data says: the median 12-month target from 18 analysts implies +16.6% from the last close, and Ticker Nerd's factor model ranks 3M Co. 90 out of 100 as at 17 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the MMM stock forecast for 2030?

No analyst covering 3M Co. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for MMM are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $120 to $219 over the next 12 months.

How has MMM stock performed over the past year?

3M Co. returned +8.1% over the 12 months to 17 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does 3M Co. do?

3M Company is a diversified industrial and consumer products company that develops and markets a broad portfolio of materials-science solutions. Its current business centers on three segments: Safety & Industrial, Transportation & Electronics, and Consumer.

What is the latest news on MMM?

The most recent item we track (Reuters, 15 Sept 2026): "3M, DuPont must face Connecticut firefighters' lawsuit over 'forever chemicals'". A federal judge ruled that 3M, DuPont, Honeywell and more than 20 other defendants must face a lawsuit brought by Connecticut firefighters, who allege their protective gear was contaminated by toxic "forever chemicals" that increased their cancer risk.

Company

About 3M Co.

3M Company is a diversified industrial and consumer products company that develops and markets a broad portfolio of materials-science solutions. Its current business centers on three segments: Safety & Industrial, Transportation & Electronics, and Consumer. The company supplies products used in manufacturing, construction, automotive, electronics, workplace safety, home improvement, and everyday household applications. Its offerings include adhesives, tapes, abrasives, filtration products, personal protective equipment, electrical and electronic materials, automotive care items, and well-known consumer brands such as Scotch, Post-it, and Command. 3M serves businesses, institutions, and consumers through direct sales, distributors, retailers, and digital channels across global markets. Headquartered in Saint Paul, Minnesota, 3M remains a major participant in industrial innovation, applying scientific and engineering expertise to products that support productivity, protection, and convenience across multiple end markets.

CEO Mr. William M. Brown · 60,500 employees · United States · https://www.3m.com