3M Company (MMM) Stock Forecast for 2024–2028. Sell or Buy Prediction







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3M Company (MMM) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 3, 2024 (19:27)

Sector: Industrials

The share price of 3M Company (MMM) now

Latest session on the 2nd of May for
3M Company is negative
Trading Volume: 6317061
Open: 97.96 /  High: 98.4 /  Low: 96.65
What analysts predict: $99.01
52-week High/Low: $99.7 / $68.67

50/200 Day Moving Average: $86.97 / $84.07

This figure corresponds to the Average Price over the previous 50/200 days. For 3M Company stocks, the 50-day moving average is the support level today.

For 3M Company stocks, the 200-day moving average is the support level today.

Are you interested in 3M Company stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the 3M Company stock price in 2024, 2025, 2026, 2027, 2028. How much will one 3M Company share be worth in 2024 - 2028?

When should I take profit in 3M Company stock? When should I record a loss on 3M Company stock? What are analysts' forecasts for 3M Company stock? What is the future of 3M Company stock? We forecast 3M Company stock performance using neural networks based on historical data on 3M Company stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

3M Company stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for 3M Company shares. This happens once a day.


Historical and forecast chart of 3M Company stock

The chart below shows the historical price of 3M Company stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the 3M Company stock price can be found in the table below.

Long-term forecasts by years.

Unlocking the MMM Stock Forecast: Q1 Earnings, Spinoffs, and Legal Battles Ahead

Trend: Bullish
May 03, 2024

In the ever-evolving terrain of the stock market, 3M Company's stock forecast remains a subject of keen interest among investors. As we gaze into the MMM stock forecast 2025, a triad of pivotal factors emerges, poised to sculpt the future trajectory of MMM stock prices. At the forefront of these influencers is the robust Q1 earnings performance, a beacon of positive prospects, signaling a trajectory towards better days. This cornerstone event is not just a transient blip on the financial radar but a substantial indicator that can sway the MMM stock forecast significantly.

Navigating Through Legal Hurdles and Strategic Spinoffs

Beyond the luminous glare of quarterly earnings, the landscape of MMM's stock forecast is intricately shaped by the dual forces of strategic reconfigurations and looming legal skirmishes. The spinoff of Solventum stands not as a mere structural shuffle, but as a pivotal moment that may redefine the valuation landscape, tilting the scales of the MMM stock price target. Concurrently, the cloud of lawsuits and settlements, particularly concerning earplugs and "forever chemicals," casts a shadow of uncertainty. However, the silver lining rests within MMM's robust free cash flow and appealing valuation, presenting a fortress against potential financial tempests.

For analysts peering into the crystal ball of MMM stock forecast, synthesizing these elements into a cohesive narrative is key. The intertwining of Q1 earnings with the strategic recalibration through Solventum's spinoff and the vigilant navigation of legal waters form a trifold paradigm. In decoding the MMM 3M stock forecast, an in-depth understanding of these factors serves as the linchpin, offering a compass for discerning investors pondering, "Is MMM a good stock to buy?" With these insights at their disposal, analysts are better equipped to project the nuanced oscillations of MMM stocks, navigating through the fog of financial forecasts with a clearer vision.

  • Q1 Earnings Performance: A harbinger of forward momentum.
  • Solventum Spinoff: A catalyst for revaluation.
  • Lawsuits and Settlements: A test of resilience and financial prowess.

As we advance, these elements collectively lay the groundwork for a nuanced, informed MMM stock forecast, bridging past performance with future potentials.

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Predicting the Future: A Deep Dive into MMM Stock Rates Amidst Dividend Cuts and Environmental Challenges

Trend:
May 01, 2024

When it comes to forecasting the future of 3M's (MMM) stock forecast, several pivotal events and factors loom on the horizon, poised to sway the MMM stock rates significantly. Perhaps the most influential of these is the potential 50% cut in dividends, a move that traditionally sends shivers down the spine of investors. This anticipated cut should be at the forefront of any analyst's mind when making MMM stock forecast 2025 predictions, as it directly impacts investor sentiment and stock attractiveness.

Blending Analysis with Market Insight

Alongside the looming dividend cut, MMM's Q1 earnings performance and ongoing environmental liabilities, especially concerning PFAS pollution, play crucial roles in shaping the stock's future. Positive revenue and EPS growth signal robust financial health and can inspire confidence, driving up the MMM stock price target. However, the sword of Damocles hangs in the form of potential costly cleanups and litigations related to environmental issues, which might dampen enthusiasm.

An astute analyst would weigh these factors judiciously, balancing the positive with the potentially negative, to craft a nuanced MMM stock forecast. By incorporating the earnings performance's promising signals and the potentially significant impacts of dividend cuts and environmental liabilities, an analyst can offer a grounded, insightful perspective on whether MMM is a good stock to buy.

  • Dividend Cut: The most pressing threat to stock desirability and rate.
  • Q1 Earnings: A beacon of hope with improved revenue and EPS.
  • Environmental Liabilities: A lurking risk that could unleash financial burdens.

Understanding these dynamics, analysts can navigate the challenging waters of stock prediction, providing investors with both warnings and opportunities in the complex landscape of MMM's stock forecast.

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Unlocking the Future of 3M Stock: What's on the Horizon?

Trend: Bullish
Apr 02, 2024

When it comes to navigating the often turbulent waters of the stock market, understanding the key factors that can sway the course of a company's stock rate is essential. For 3M, known as MMM on the trading floor, several pivotal events are expected to play a dominant role in the near future, aiding analysts in crafting a more accurate MMM stock forecast for 2025.

The Catalysts Driving MMM's Stock Trajectory

First off, the resolution of significant lawsuits stands out as a primary influencer. Settling disputes with U.S. public water suppliers and the earplug lawsuit clears the air of uncertainty, allowing analysts to pencil in a more definite MMM stock price target. This enhanced clarity acts as a beacon, guiding investors through the fog that once shrouded 3M’s financial outlook.

Another determinant in the MMM stock forecast comes from scrutinizing market trends and the corporation's strategic pivot towards innovation. With a keen eye on growth sectors like EV mobility and consumer electronics, 3M positions itself towards a trajectory of growth. Positive trends in industrial markets and the Chinese and Asian sectors add another layer of optimism for those curious about whether MMM is a good stock to buy.

  • Settlement of major lawsuits
  • Growth opportunities and focus on innovation
  • Positive market trends

These factors, when weaved together, form the fabric of an informed and insightful analysis for any analyst looking to forecast MMM's stock rates. Not only does this help in setting a realistic MMM stock forecast for 2025, but it also turns the spotlight on the potential adjustments needed for an investor's portfolio aiming at long-term growth and profitability with 3M.

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About author

3M Co. is a major player across a diverse range of industries, dabbling in everything from electronics and telecommunications to industrial equipment. They also make their mark in the consumer and office product spaces, not to mention the healthcare and security sectors. This corporate giant isn’t just about producing goods; it’s a hub of technological innovation. Each of its enterprises is equipped with its own set of brands, marketing networks, and a wealth of resources that keep the 3M engine running smoothly.

For a closer look at this multifaceted company, check out their official website.

3M Company daily forecast for a month

Date Target Pes. Opt. Vol., %
May 05 95.93 94.80 97.39 2.73
May 06 96.89 95.55 97.70 2.25
May 07 96.21 94.81 96.87 2.17
May 08 95.08 94.62 95.53 0.96
May 09 96.41 95.58 97.58 2.10
May 10 97.14 96.58 98.42 1.91
May 11 97.94 97.15 98.92 1.81
May 12 98.66 97.20 99.91 2.78
May 13 99.91 99.45 100.53 1.09
May 14 99.73 99.01 100.44 1.45
May 15 99.21 97.72 100.52 2.86
May 16 101.09 99.58 101.84 2.27
May 17 102.97 102.46 104.31 1.81
May 18 104.72 104.20 106.00 1.73
May 19 104.49 103.53 105.77 2.16
May 20 105.54 104.25 106.04 1.72
May 21 107.25 105.60 108.00 2.28
May 22 107.98 107.22 109.19 1.83
May 23 107.67 105.97 108.54 2.42
May 24 107.35 106.04 109.03 2.81
May 25 107.48 106.26 109.18 2.75
May 26 107.42 106.56 108.68 2.00
May 27 107.42 106.26 108.12 1.76
May 28 106.66 105.28 107.41 2.03
May 29 107.45 105.86 109.15 3.11
May 30 108.31 106.86 108.83 1.84
May 31 106.90 105.64 108.53 2.73
Jun 01 107.25 105.68 108.36 2.54
Jun 02 106.22 104.52 107.05 2.42
Jun 03 104.96 104.19 106.03 1.77

3M Company Daily Price Targets


3M Company Stock Forecast 05-05-2024.

Forecast target price for 05-05-2024: $95.93.
Negative dynamics for 3M Company shares will prevail with possible volatility of 2.660%.
Pessimistic target level: 94.80
Optimistic target level: 97.39

3M Company Stock Forecast 05-06-2024.

Forecast target price for 05-06-2024: $96.89.
Positive dynamics for 3M Company shares will prevail with possible volatility of 2.202%.
Pessimistic target level: 95.55
Optimistic target level: 97.70

3M Company Stock Forecast 05-07-2024.

Forecast target price for 05-07-2024: $96.21.
Negative dynamics for 3M Company shares will prevail with possible volatility of 2.125%.
Pessimistic target level: 94.81
Optimistic target level: 96.87

3M Company Stock Forecast 05-08-2024.

Forecast target price for 05-08-2024: $95.08.
Negative dynamics for 3M Company shares will prevail with possible volatility of 0.955%.
Pessimistic target level: 94.62
Optimistic target level: 95.53

3M Company Stock Forecast 05-09-2024.

Forecast target price for 05-09-2024: $96.41.
Positive dynamics for 3M Company shares will prevail with possible volatility of 2.055%.
Pessimistic target level: 95.58
Optimistic target level: 97.58

3M Company Stock Forecast 05-10-2024.

Forecast target price for 05-10-2024: $97.14.
Positive dynamics for 3M Company shares will prevail with possible volatility of 1.875%.
Pessimistic target level: 96.58
Optimistic target level: 98.42

MMM (MMM) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 98.97 96.54 101.41 4.80
Jul. 104.08 99.52 106.95 6.95
Aug. 106.39 102.05 108.94 6.33
Sep. 101.35 98.43 104.75 6.04
Oct. 98.00 95.18 100.35 5.16
Nov. 102.47 98.29 105.11 6.49
Dec. 102.59 99.82 104.63 4.59

3M Company forecast for this year


3M Company Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $98.9716. Pessimistic: $96.54. Optimistic: $101.41


3M Company Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $104.079. Pessimistic: $99.52. Optimistic: $106.95


3M Company Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $106.389. Pessimistic: $102.05. Optimistic: $108.94


3M Company Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $101.346. Pessimistic: $98.43. Optimistic: $104.75


3M Company Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $98.0018. Pessimistic: $95.18. Optimistic: $100.35


3M Company Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $102.471. Pessimistic: $98.29. Optimistic: $105.11


3M Company Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $102.594. Pessimistic: $99.82. Optimistic: $104.63



3M Company (MMM) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 101.42 99.78 106.29 6.13
Feb 104.28 100.72 107.35 6.18
Mar 108.66 107.17 112.25 4.53
Apr 110.62 108.63 112.68 3.59
May 105.18 102.65 107.77 4.74
Jun 108.71 104.15 110.08 5.39
Jul 113.80 108.68 117.28 7.34
Aug 116.33 112.42 121.70 7.63
Sep 117.51 115.26 121.67 5.27
Oct 116.24 112.27 120.99 7.21
Nov 114.64 109.34 116.63 6.25
Dec 121.04 115.73 124.09 6.73

3M Company (MMM) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 118.42 114.16 120.20 5.03
Feb 117.28 111.94 122.00 8.25
Mar 116.37 113.58 120.00 5.35
Apr 113.30 111.60 118.19 5.58
May 114.86 112.45 116.38 3.38
Jun 121.00 118.02 123.97 4.80
Jul 124.92 119.44 129.41 7.70
Aug 131.81 125.72 134.97 6.86
Sep 132.44 127.04 136.65 7.04
Oct 129.98 128.26 132.79 3.41
Nov 128.81 125.72 131.52 4.41
Dec 124.64 122.99 129.42 4.97

3M Company (MMM) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 127.70 121.96 130.31 6.41
Feb 133.60 128.79 135.85 5.19
Mar 130.16 126.33 134.45 6.04
Apr 128.28 126.28 130.13 2.96
May 125.97 123.33 132.02 6.58
Jun 123.86 117.91 125.57 6.10
Jul 121.63 119.73 126.22 5.15
Aug 123.45 120.27 126.12 4.64
Sep 122.41 117.79 127.33 7.50
Oct 123.81 119.20 128.42 7.17
Nov 125.30 120.63 127.10 5.09
Dec 128.38 122.68 132.77 7.60

3M Company (MMM) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 127.07 123.03 131.11 6.16
Feb 129.51 123.45 131.99 6.48
Mar 133.24 128.92 137.71 6.39
Apr 129.96 128.17 132.84 3.52
May 133.86 128.32 139.32 7.90
Jun 140.93 136.61 147.44 7.34
Jul 138.64 133.90 144.05 7.05
Aug 144.13 139.20 147.94 5.90
Sep 147.85 144.30 151.31 4.63
Oct 151.93 146.65 156.76 6.45
Nov 147.01 141.37 154.07 8.24
Dec 140.84 135.77 144.81 6.24

3M Company information and performance

3M Company Address

3M CENTER, BLDG. 220-13E-26A, ST PAUL, MN, US

Market Capitalization: 54 472 860 000 $

Market capitalization of the 3M Company is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of MMM shares in the company outstanding by the market price of one share.

EBITDA: 8 141 750 000 $

EBITDA of 3M Company is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.905

Price/earnings to growth

DPS: 6.01

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0614

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -12.73

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.051
Quarterly Revenue Growth YOY: -0.003
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 10.6

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1.879

Enterprise Value (EV) /Revenue

EV To EBITDA: -9.08

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 553361000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

3M Company (MMM) stock dividend

3M Company last paid dividends on 02/15/2024. The next scheduled payment will be on 03/12/2024. The amount of dividends is $6.01 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.