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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for MMM

Based on 13 analysts offering 12 month price targets for 3m Co

Min Forecast
$100.00-24.87%
Avg Forecast
$147.54+10.84%
Max Forecast
$184.00+38.23%

Should I buy or sell MMM stock?

Based on 13 analysts offering ratings for 3m Co.

Buy
Strong Buy
7 analysts 53.85%
Buy
1 analysts 7.69%
Hold
3 analysts 23.08%
Sell
1 analysts 7.69%
Strong Sell
1 analysts 7.69%
Although MMM's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates MMM as a "Hold". Stocks with a Zen Rating of Hold have beat the market by +7.53%. Learn More

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%2024-11-13
lockedlocked$00.00+00.00%2024-10-28
lockedlocked$00.00+00.00%2024-10-23
lockedlocked$00.00+00.00%2024-10-23
lockedlocked$00.00+00.00%2024-10-23
Melius Research
Top 45%
56
Strong BuyUpgrades$180.00+35.23%2024-10-22
Mizuho
Top 6%
95
HoldMaintains$146.00+9.68%2024-10-17
Wells Fargo
Top 19%
82
HoldMaintains$140.00+5.18%2024-10-07
Morgan Stanley
Top 18%
83
Strong SellInitiates Coverage On$125.00-6.09%2024-09-06
Deutsche Bank
Top 5%
96
Strong BuyUpgrades$150.00+12.69%2024-07-31

1 of 2

Forecast return on equity

Is MMM forecast to generate an efficient return?

Company
98.05%
Industry
60.93%
Market
325.1%
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
11.14%
Industry
10.53%
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 5 analysts?

Avg 1 year Forecast
$7.27-8.4%
Avg 2 year Forecast
$7.87-0.84%
Avg 3 year Forecast
$8.36+5.27%
MMM's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MMM revenue forecast

What is MMM's revenue in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
$23.6B-17.39%
Avg 2 year Forecast
$24.3B-14.88%
Avg 3 year Forecast
$25.0B-12.46%
MMM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MMM earnings growth forecast

How is MMM forecast to perform vs Conglomerates companies and vs the US market?

Company
-0.64%
Industry
8.3%
Market
19.94%
MMM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MMM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MMM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MMM revenue growth forecast

How is MMM forecast to perform vs Conglomerates companies and vs the US market?

Company
-7.76%
Industry
0.54%
Market
7.54%
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$133.11$147.54+10.84%Buy
VMI$338.45$370.00+9.32%Strong Buy
MDU$19.47$17.00-12.69%Strong Buy
GFF$81.38$100.00+22.88%Strong Buy
SEB$2,586.69N/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 13 Wall Street analysts covering (NYSE: MMM) stock is to Buy MMM stock.

Out of 13 analysts, 7 (53.85%) are recommending MMM as a Strong Buy, 1 (7.69%) are recommending MMM as a Buy, 3 (23.08%) are recommending MMM as a Hold, 1 (7.69%) are recommending MMM as a Sell, and 1 (7.69%) 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 -0.64% is not forecast to beat the US Conglomerates industry's average forecast earnings growth rate of 8.3%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.94%.

3m Co's earnings in 2024 is $4,390,000,000.On average, 5 Wall Street analysts forecast MMM's earnings for 2024 to be $3,960,738,116, with the lowest MMM earnings forecast at $3,920,821,970, and the highest MMM earnings forecast at $3,980,723,417. On average, 6 Wall Street analysts forecast MMM's earnings for 2025 to be $4,287,309,913, with the lowest MMM earnings forecast at $4,214,883,618, and the highest MMM earnings forecast at $4,356,468,856.

In 2026, MMM is forecast to generate $4,551,529,749 in earnings, with the lowest earnings forecast at $4,405,479,131 and the highest earnings forecast at $4,737,659,881.

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

(NYSE: MMM) 3m Co's forecast annual revenue growth rate of -7.76% is not forecast to beat the US Conglomerates industry's average forecast revenue growth rate of 0.54%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.54%.

3m Co's revenue in 2024 is $28,565,000,000.On average, 3 Wall Street analysts forecast MMM's revenue for 2024 to be $12,849,565,535,561, with the lowest MMM revenue forecast at $12,846,059,667,249, and the highest MMM revenue forecast at $12,854,360,374,096. On average, 4 Wall Street analysts forecast MMM's revenue for 2025 to be $13,241,316,096,409, with the lowest MMM revenue forecast at $13,019,457,474,332, and the highest MMM revenue forecast at $13,537,726,970,020.

In 2026, MMM is forecast to generate $13,616,501,728,991 in revenue, with the lowest revenue forecast at $13,216,818,038,356 and the highest revenue forecast at $13,997,878,992,935.

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

(NYSE: MMM) forecast ROA is 11.14%, which is higher than the forecast US Conglomerates industry average of 10.53%.

What is MMM's Price Target?

According to 13 Wall Street analysts that have issued a 1 year MMM price target, the average MMM price target is $147.54, with the highest MMM stock price forecast at $184.00 and the lowest MMM stock price forecast at $100.00.

On average, Wall Street analysts predict that 3m Co's share price could reach $147.54 by Nov 13, 2025. The average 3m Co stock price prediction forecasts a potential upside of 10.84% from the current MMM share price of $133.11.

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

(NYSE: MMM) 3m Co's current Earnings Per Share (EPS) is $7.94. On average, analysts forecast that MMM's EPS will be $7.27 for 2024, with the lowest EPS forecast at $7.20, and the highest EPS forecast at $7.31. On average, analysts forecast that MMM's EPS will be $7.87 for 2025, with the lowest EPS forecast at $7.74, and the highest EPS forecast at $8.00. In 2026, MMM's EPS is forecast to hit $8.36 (min: $8.09, max: $8.70).

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

(NYSE: MMM) forecast ROE is 98.05%, which is considered strong.
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