WallStreetZenWallStreetZen

NYSE: MMM
3m Co Stock Forecast, Predictions & Price Target

Analyst price target for MMM

Based on 11 analysts offering 12 month price targets for 3m Co.
Min Forecast
$87.00-13.78%
Avg Forecast
$111.46+10.46%
Max Forecast
$140.00+38.75%

Should I buy or sell MMM stock?

Based on 11 analysts offering ratings for 3m Co.
Buy
Strong Buy
5 analysts 45.45%
Buy
1 analysts 9.09%
Hold
4 analysts 36.36%
Sell
1 analysts 9.09%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MMM stock forecasts and price targets.

MMM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-06-13
lockedlocked$00.00+00.00%2024-06-07
lockedlocked$00.00+00.00%2024-05-28
lockedlocked$00.00+00.00%2024-05-16
lockedlocked$00.00+00.00%2024-05-10
Citigroup
Top 1%
100
HoldMaintains$100.00-0.89%2024-05-01
RBC Capital
Top 5%
96
SellMaintains$87.00-13.78%2024-05-01
UBS
Top 38%
63
HoldMaintains$100.00-0.89%2024-05-01
JP Morgan
Top 15%
86
Strong BuyUpgrades$111.00+10.01%2024-05-01
Mizuho
Top 8%
93
HoldMaintains$105.00+4.06%2024-03-27

1 of 2

Forecast return on equity

Is MMM forecast to generate an efficient return?
Company
93.84%
Industry
60.18%
Market
63.02%
MMM's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MMM forecast to generate an efficient return on assets?
Company
8.27%
Industry
10.51%
MMM is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MMM earnings per share forecast

What is MMM's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$7.09
Avg 2 year Forecast
$7.83
Avg 3 year Forecast
$8.25

MMM revenue forecast

What is MMM's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$23.5B-27.9%
Avg 2 year Forecast
$24.7B-24.44%
Avg 3 year Forecast
$25.5B-21.82%
MMM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MMM revenue growth forecast

How is MMM forecast to perform vs Conglomerates companies and vs the US market?
Company
-13.21%
Industry
-0.24%
Market
9.27%
MMM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MMM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MMM vs Conglomerate Stocks

TickerPricePrice TargetUp/downsideConsensus
MMM$100.90$111.46+10.46%Buy
VMI$272.50$262.00-3.85%Strong Buy
MDU$24.48$30.00+22.55%Strong Buy
GFF$64.15$81.00+26.27%Strong Buy
SEB$3,092.93N/AN/A

3m Co Stock Forecast FAQ

Is 3m Co Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: MMM) stock is to Buy MMM stock.

Out of 11 analysts, 5 (45.45%) are recommending MMM as a Strong Buy, 1 (9.09%) are recommending MMM as a Buy, 4 (36.36%) are recommending MMM as a Hold, 1 (9.09%) are recommending MMM as a Sell, and 0 (0%) are recommending MMM as a Strong Sell.

If you're new to stock investing, here's how to buy 3m Co stock.

What is MMM's earnings growth forecast for 2024-2026?

(NYSE: MMM) 3m Co's forecast annual earnings growth rate of N/A is not forecast to beat the US Conglomerates industry's average forecast earnings growth rate of 10.34%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.28%.

3m Co's earnings in 2024 is -$7,043,000,000.On average, 4 Wall Street analysts forecast MMM's earnings for 2024 to be $3,923,109,968, with the lowest MMM earnings forecast at $3,822,785,572, and the highest MMM earnings forecast at $4,039,537,176. On average, 4 Wall Street analysts forecast MMM's earnings for 2025 to be $4,333,150,659, with the lowest MMM earnings forecast at $4,162,604,720, and the highest MMM earnings forecast at $4,537,562,307.

In 2026, MMM is forecast to generate $4,566,226,421 in earnings, with the lowest earnings forecast at $4,318,209,905 and the highest earnings forecast at $4,814,242,936.

What is MMM's revenue growth forecast for 2024-2026?

(NYSE: MMM) 3m Co's forecast annual revenue growth rate of -13.21% is not forecast to beat the US Conglomerates industry's average forecast revenue growth rate of -0.24%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.27%.

3m Co's revenue in 2024 is $32,653,000,000.On average, 2 Wall Street analysts forecast MMM's revenue for 2024 to be $13,027,395,613,949, with the lowest MMM revenue forecast at $12,996,970,705,316, and the highest MMM revenue forecast at $13,057,820,522,581. On average, 3 Wall Street analysts forecast MMM's revenue for 2025 to be $13,652,173,674,777, with the lowest MMM revenue forecast at $13,096,631,067,702, and the highest MMM revenue forecast at $14,339,803,613,898.

In 2026, MMM is forecast to generate $14,125,938,895,209 in revenue, with the lowest revenue forecast at $13,424,010,101,207 and the highest revenue forecast at $14,827,868,242,572.

What is MMM's forecast return on assets (ROA) for 2024-2026?

(NYSE: MMM) forecast ROA is 8.27%, which is lower than the forecast US Conglomerates industry average of 10.51%.

What is MMM's Price Target?

According to 11 Wall Street analysts that have issued a 1 year MMM price target, the average MMM price target is $111.46, with the highest MMM stock price forecast at $140.00 and the lowest MMM stock price forecast at $87.00.

On average, Wall Street analysts predict that 3m Co's share price could reach $111.46 by Jun 13, 2025. The average 3m Co stock price prediction forecasts a potential upside of 10.46% from the current MMM share price of $100.90.

What is MMM's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: MMM) 3m Co's current Earnings Per Share (EPS) is -$12.71. On average, analysts forecast that MMM's EPS will be $7.09 for 2024, with the lowest EPS forecast at $6.91, and the highest EPS forecast at $7.30. On average, analysts forecast that MMM's EPS will be $7.83 for 2025, with the lowest EPS forecast at $7.52, and the highest EPS forecast at $8.20. In 2026, MMM's EPS is forecast to hit $8.25 (min: $7.80, max: $8.70).

What is MMM's forecast return on equity (ROE) for 2024-2026?

(NYSE: MMM) forecast ROE is 93.84%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.