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NYSE: MMM
3M CO Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MMM

Based on 14 analysts offering 12 month price targets for 3M CO.
Min Forecast
$118.00-21.08%
Avg Forecast
$169.71+13.51%
Max Forecast
$215.00+43.8%

Should I buy or sell MMM stock?

Based on 15 analysts offering ratings for 3M CO.
Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
10 analysts 66.67%
Sell
2 analysts 13.33%
Strong Sell
3 analysts 20%

MMM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Argus Research
Top 17%
84
HoldDowngradesN/AN/A2022-04-28
Barclays
Top 16%
85
Strong SellMaintains$146.00-2.35%2022-04-27
Credit Suisse
Top 6%
95
HoldMaintains$161.00+7.69%2022-04-27
Anonymous
Morgan Stanley
Strong SellMaintains$138.00-7.70%2022-04-27
RBC Capital
Bottom 21%
21
SellMaintains$138.00-7.70%2022-04-27
Deutsche Bank
Top 29%
72
HoldMaintains$167.00+11.70%2022-04-14
Morgan Stanley
Top 11%
90
Strong SellMaintains$145.00-3.02%2022-04-07
Jefferies
Top 11%
90
HoldMaintains$161.00+7.69%2022-03-15
UBS
Top 9%
92
Strong SellMaintains$118.00-21.08%2022-03-11
Wells Fargo
Bottom 23%
23
HoldMaintains$173.00+15.71%2022-02-15

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Forecast return on equity

Is MMM forecast to generate an efficient return?
Company
46.31%
Industry
33.08%
Market
38.7%
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
15.08%
Industry
11.79%
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 6 analysts?
Avg 1 year Forecast
$10.85+11.97%
Avg 2 year Forecast
$11.37+17.34%
Avg 3 year Forecast
$12.15+25.39%
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 5 analysts?
Avg 1 year Forecast
$35.9B+1.68%
Avg 2 year Forecast
$36.9B+4.53%
Avg 3 year Forecast
$38.3B+8.26%
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 Specialty Industrial Machinery companies and vs the US market?
Company
8.63%
Industry
14.23%
Market
16.37%
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 Specialty Industrial Machinery companies and vs the US market?
Company
2.35%
Industry
5.6%
Market
8.39%
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 Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
MMM$149.51$169.71+13.51%Sell
GE$78.76$105.50+33.95%Buy
ITW$206.74$221.75+7.26%Hold
ETN$139.82$172.00+23.02%Buy
EMR$88.40$107.60+21.72%Buy
View Top Specialty Industrial Machinery Stocks

3M Stock Forecast FAQ

Is 3M Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NYSE: MMM) stock is to Sell MMM stock.

Out of 15 analysts, 0 (0%) are recommending MMM as a Strong Buy, 0 (0%) are recommending MMM as a Buy, 10 (66.67%) are recommending MMM as a Hold, 2 (13.33%) are recommending MMM as a Sell, and 3 (20%) are recommending MMM as a Strong Sell.

What is MMM's earnings growth forecast for 2022-2024?

(NYSE: MMM) 3M's forecast annual earnings growth rate of 8.63% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 14.23%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.37%.

3M's earnings in 2022 is $5,596,000,000.On average, 6 Wall Street analysts forecast MMM's earnings for 2022 to be $6,174,288,512, with the lowest MMM earnings forecast at $6,060,476,742, and the highest MMM earnings forecast at $6,259,647,339. On average, 6 Wall Street analysts forecast MMM's earnings for 2023 to be $6,470,199,113, with the lowest MMM earnings forecast at $6,225,503,808, and the highest MMM earnings forecast at $6,675,060,299.

In 2024, MMM is forecast to generate $6,914,065,015 in earnings, with the lowest earnings forecast at $6,771,800,303 and the highest earnings forecast at $7,056,329,728.

What is MMM's revenue growth forecast for 2022-2024?

(NYSE: MMM) 3M's forecast annual revenue growth rate of 2.35% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 5.6%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.39%.

3M's revenue in 2022 is $35,333,000,000.On average, 5 Wall Street analysts forecast MMM's revenue for 2022 to be $20,444,556,781,904, with the lowest MMM revenue forecast at $20,314,786,325,743, and the highest MMM revenue forecast at $20,628,952,335,099. On average, 5 Wall Street analysts forecast MMM's revenue for 2023 to be $21,016,719,277,867, with the lowest MMM revenue forecast at $20,941,365,643,200, and the highest MMM revenue forecast at $21,118,701,452,314.

In 2024, MMM is forecast to generate $21,767,792,737,837 in revenue, with the lowest revenue forecast at $21,677,727,793,806 and the highest revenue forecast at $21,857,857,681,868.

What is MMM's forecast return on assets (ROA) for 2022-2024?

(NYSE: MMM) forecast ROA is 15.08%, which is higher than the forecast US Specialty Industrial Machinery industry average of 11.79%.

What is MMM's Price Target?

According to 14 Wall Street analysts that have issued a 1 year MMM price target, the average MMM price target is $169.71, with the highest MMM stock price forecast at $215.00 and the lowest MMM stock price forecast at $118.00.

On average, Wall Street analysts predict that 3M's share price could reach $169.71 by Apr 28, 2023. The average 3M stock price prediction forecasts a potential upside of 13.51% from the current MMM share price of $149.51.

What is MMM's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: MMM) 3M's current Earnings Per Share (EPS) is $9.69. On average, analysts forecast that MMM's EPS will be $10.85 for 2022, with the lowest EPS forecast at $10.65, and the highest EPS forecast at $11.00. On average, analysts forecast that MMM's EPS will be $11.37 for 2023, with the lowest EPS forecast at $10.94, and the highest EPS forecast at $11.73. In 2024, MMM's EPS is forecast to hit $12.15 (min: $11.90, max: $12.40).

What is MMM's forecast return on equity (ROE) for 2022-2024?

(NYSE: MMM) forecast ROE is 46.31%, which is considered strong.
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