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

OverviewForecast
EarningsDividendOwnership

Analyst price target for MMM

Based on 7 analysts offering 12 month price targets for 3m Co.
Min Forecast
$78.00-14.57%
Avg Forecast
$99.71+9.22%
Max Forecast
$107.00+17.2%

Should I buy or sell MMM stock?

Based on 7 analysts offering ratings for 3m Co.
Hold
Strong Buy
1 analysts 14.29%
Buy
0 analysts 0%
Hold
5 analysts 71.43%
Sell
1 analysts 14.29%
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%2024-04-08
lockedlocked$00.00+00.00%2024-04-02
lockedlocked$00.00+00.00%2024-04-02
lockedlocked$00.00+00.00%2024-04-02
lockedlocked$00.00+00.00%2024-03-27
Wells Fargo
Top 19%
82
HoldMaintains$105.00+15.01%2024-01-24
JP Morgan
Top 17%
84
HoldMaintains$105.00+15.01%2023-10-25

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Forecast return on equity

Is MMM forecast to generate an efficient return?
Company
120.66%
Industry
32.95%
Market
20.28%
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
11.47%
Industry
3.13%
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
$8.79
Avg 2 year Forecast
$8.76
Avg 3 year Forecast
$10.49

MMM revenue forecast

What is MMM's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$32.2B-1.43%
Avg 2 year Forecast
$31.8B-2.77%
Avg 3 year Forecast
$32.6B-0.19%
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
-0.67%
Industry
3.05%
Market
9.42%
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$91.30$99.71+9.22%Hold
MDU$23.83N/AN/A
VMI$215.91$262.00+21.35%Strong Buy
GFF$66.70$78.50+17.69%Strong Buy
SEB$3,124.99N/AN/A
View Top Conglomerate Stocks

3m Co Stock Forecast FAQ

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

The consensus among 7 Wall Street analysts covering (NYSE: MMM) stock is to Hold MMM stock.

Out of 7 analysts, 1 (14.29%) are recommending MMM as a Strong Buy, 0 (0%) are recommending MMM as a Buy, 5 (71.43%) are recommending MMM as a Hold, 1 (14.29%) 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 16.43%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 28.62%.

3m Co's earnings in 2024 is -$6,995,000,000.On average, 4 Wall Street analysts forecast MMM's earnings for 2024 to be $4,859,117,320, with the lowest MMM earnings forecast at $4,178,412,000, and the highest MMM earnings forecast at $5,858,620,000. On average, 2 Wall Street analysts forecast MMM's earnings for 2025 to be $4,841,596,730, with the lowest MMM earnings forecast at $4,117,615,000, and the highest MMM earnings forecast at $5,565,578,460.

In 2026, MMM is forecast to generate $5,800,365,420 in earnings, with the lowest earnings forecast at $5,800,365,420 and the highest earnings forecast at $5,800,365,420.

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

(NYSE: MMM) 3m Co's forecast annual revenue growth rate of -0.67% is not forecast to beat the US Conglomerates industry's average forecast revenue growth rate of 3.05%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.42%.

3m Co's revenue in 2024 is $32,681,000,000.On average, 2 Wall Street analysts forecast MMM's revenue for 2024 to be $17,805,063,031,900, with the lowest MMM revenue forecast at $17,394,294,733,800, and the highest MMM revenue forecast at $18,215,831,330,000. On average, 1 Wall Street analysts forecast MMM's revenue for 2025 to be $17,563,052,835,600, with the lowest MMM revenue forecast at $17,563,052,835,600, and the highest MMM revenue forecast at $17,563,052,835,600.

In 2026, MMM is forecast to generate $18,028,489,796,100 in revenue, with the lowest revenue forecast at $18,028,489,796,100 and the highest revenue forecast at $18,028,489,796,100.

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

(NYSE: MMM) forecast ROA is 11.47%, which is higher than the forecast US Conglomerates industry average of 3.13%.

What is MMM's Price Target?

According to 7 Wall Street analysts that have issued a 1 year MMM price target, the average MMM price target is $99.71, with the highest MMM stock price forecast at $107.00 and the lowest MMM stock price forecast at $78.00.

On average, Wall Street analysts predict that 3m Co's share price could reach $99.71 by Apr 8, 2025. The average 3m Co stock price prediction forecasts a potential upside of 9.22% from the current MMM share price of $91.30.

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

(NYSE: MMM) 3m Co's current Earnings Per Share (EPS) is -$12.63. On average, analysts forecast that MMM's EPS will be $8.79 for 2024, with the lowest EPS forecast at $7.56, and the highest EPS forecast at $10.60. On average, analysts forecast that MMM's EPS will be $8.76 for 2025, with the lowest EPS forecast at $7.45, and the highest EPS forecast at $10.07. In 2026, MMM's EPS is forecast to hit $10.49 (min: $10.49, max: $10.49).

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

(NYSE: MMM) forecast ROE is 120.66%, which is considered strong.
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