3M Company (MMM) Stock Forecast for 2023 – 2026. Sell or Buy Prediction







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3M Company (MMM) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: March 4, 2024 (08:14)

Sector: Industrials

The share price of 3M Company (MMM) now

Latest session on the 4th of March for
3M Company is negative
Trading Volume: 5565461
Open: 91.1 /  High: 91.85 /  Low: 90.477
What analysts predict: $103.85
52-week High/Low: $110.66 / $84.03

50/200 Day Moving Average: $100.33 / $99.26

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

For 3M Company stocks, the 200-day moving average is the resistance 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.

The Future of MMM Stocks: Navigating Through Corporate Shifts

Trend:
Feb 27, 2024

As investors keep a keen eye on the fluctuating market, MMM's stocks stand on the precipice of change, driven by a series of significant events and factors. Foremost among these is the spin-out of MMM's healthcare division, Solventum, a strategic move that will undeniably have a profound impact on the company's stock rates. Analysts are particularly interested in how this corporate reshuffle will alter MMM's financial landscape, particularly regarding dividend payments, potentially affecting investor confidence and stock value.

Key Factors Influencing MMM's Stock Predictions

For those endeavoring to forecast MMM’s stock trajectory, focusing on a few critical areas could yield the most accurate predictions:

  • Dividend Sustainability: The ability of MMM to sustain its dividends in the face of the spin-out and looming PFAS costs is paramount. A perceived risk in dividend cuts could deter investors, leading to a decline in stock prices.
  • Solventum's Financials and Growth Potential: The growth prospects and financial health of Solventum post-spin will play a crucial role. Limited sales growth and innovation within Solventum could spell lower valuations, unfavorably impacting MMM's stock.
  • Overall Valuation: The valuation of both the spun-out Solventum and MMM's remaining businesses will influence market perceptions. High valuations against modest growth prospects and leverage levels might lead to a market correction in stock prices.

By synthesizing these factors, analysts can provide more nuanced stock predictions for MMM. The blend of dividend sustainability, Solventum's financial outlook, and overall company valuation forms a complex puzzle. Yet, understanding these elements in detail allows for an educated approximation of how MMM’s stocks might evolve, offering investors valuable insights in a time of transformative change.

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The Future of MMM Stocks: Navigating Through Legal Settlements and Valuation Shifts

Trend: Bullish
Feb 27, 2024

In the world of investment, accurately predicting stock rates requires a keen eye on various influential factors. For MMM, two major events stand poised to significantly alter its financial landscape in the near future. Firstly, the recent settlements of class action lawsuits, notably those concerning PFAS chemicals and combat earplugs, have cast a spotlight on the company. These resolutions not only draw a line under contentious legal issues but also promise to bolster public perception and investor confidence in MMM. An anticipated high claimant participation rate in these settlements further underscores this optimism.

Key Factors Influencing MMM Stock Predictions

Additionally, MMM’s current valuation presents an attractive entry point for investors, following recent dips in stock prices. These corrections have highlighted the stock's high dividend yield and favorable topline metrics, suggesting that MMM is undervalued. As the company embarks on cost-cutting initiatives and focuses on core markets, these factors together forge a path towards potential profitability recovery and stock appreciation.

  • Settlement of class action lawsuits enhancing corporate reputation and investor confidence.
  • Attractive stock valuation paving the way for potential returns.

By closely monitoring these developments, analysts can leverage insights to make informed predictions about MMM stock prices. Focusing on the aftermath of the lawsuit settlements and the implications of MMM’s current valuation are crucial for understanding the company's stock price trajectory in the near term.

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The Looming Shift in 3M's Financial Landscape: Stocks in Focus

Trend: Neutral
Feb 27, 2024

As we delve into the intricate world of 3M's financial future, a pivotal question emerges: What events and factors will dramatically influence the trajectory of MMM stocks? Analysts and investors alike are turning their attention to a handful of key variables, each playing a critical role in the unfolding financial saga of this conglomerate.

Deciphering the Forces that Mold 3M's Stock Rates

Foremost among these influencing factors are the ongoing legal battles that 3M faces, notably the Combat Arms Earplugs litigation and the public water systems contamination lawsuit related to "Forever chemicals". These lawsuits not only threaten to exert immense financial pressure on the company but also cast a long shadow over its golden tradition of rewarding shareholders with growing dividends. The looming settlements could significantly strain 3M's balance sheet, thereby affecting its capacity to maintain current dividend payouts.

Equally concerning is the company's burgeoning debt, which stands north of $13 billion. This considerable financial burden limits 3M's agility in managing its dividend policy, especially against a backdrop of slowing free cash flow growth and a high payout ratio, which consumes about 66% of its free cash flow. Analysts leveraging this information can predict with a degree of certainty that 3M might face an imminent dividend cut if these trends persist. The combination of these facts – the lawsuit settlements, the high debt levels, the decelerating free cash flow growth, and the unsustainably high payout ratio – forms a complex yet coherent framework through which analysts can forecast adjustments in MMM's stock rates with enhanced accuracy.

In sum, the near future for 3M's stocks seems to be at a crossroads, largely dictated by these multifaceted challenges. Observers and stakeholders should brace for potential shifts, as these elements will undeniably shape the company's financial strategies and, by extension, its stock performance.

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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., %
Mar 06 91.55 91.07 92.74 1.83
Mar 07 91.14 90.47 92.51 2.26
Mar 08 89.52 88.73 90.10 1.53
Mar 09 87.93 86.73 88.35 1.87
Mar 10 87.96 87.05 88.69 1.88
Mar 11 87.37 86.81 88.61 2.07
Mar 12 88.15 87.80 88.77 1.10
Mar 13 88.38 87.37 89.72 2.69
Mar 14 88.06 86.69 88.70 2.32
Mar 15 86.88 86.07 88.13 2.40
Mar 16 86.67 85.29 88.01 3.19
Mar 17 85.93 85.55 87.27 2.01
Mar 18 87.60 87.02 88.45 1.65
Mar 19 88.31 87.84 89.16 1.51
Mar 20 88.67 87.82 89.61 2.04
Mar 21 88.05 86.67 89.30 3.03
Mar 22 89.61 88.99 90.85 2.09
Mar 23 89.72 88.91 90.83 2.16
Mar 24 89.06 88.24 90.30 2.34
Mar 25 89.34 88.72 90.52 2.03
Mar 26 89.29 88.68 89.75 1.21
Mar 27 88.45 87.62 89.79 2.48
Mar 28 88.24 87.62 89.65 2.32
Mar 29 90.00 89.17 91.30 2.38
Mar 30 91.19 89.99 92.32 2.59
Mar 31 92.96 92.44 94.04 1.73
Apr 01 91.94 91.33 92.40 1.17
Apr 02 91.77 90.84 92.93 2.30
Apr 03 90.73 89.64 91.23 1.78
Apr 04 89.17 87.76 90.07 2.64

3M Company Daily Price Targets


3M Company Stock Forecast 03-06-2024.

Forecast target price for 03-06-2024: $91.55.
Negative dynamics for 3M Company shares will prevail with possible volatility of 1.797%.
Pessimistic target level: 91.07
Optimistic target level: 92.74

3M Company Stock Forecast 03-07-2024.

Forecast target price for 03-07-2024: $91.14.
Negative dynamics for 3M Company shares will prevail with possible volatility of 2.207%.
Pessimistic target level: 90.47
Optimistic target level: 92.51

3M Company Stock Forecast 03-08-2024.

Forecast target price for 03-08-2024: $89.52.
Negative dynamics for 3M Company shares will prevail with possible volatility of 1.510%.
Pessimistic target level: 88.73
Optimistic target level: 90.10

3M Company Stock Forecast 03-09-2024.

Forecast target price for 03-09-2024: $87.93.
Negative dynamics for 3M Company shares will prevail with possible volatility of 1.831%.
Pessimistic target level: 86.73
Optimistic target level: 88.35

3M Company Stock Forecast 03-10-2024.

Forecast target price for 03-10-2024: $87.96.
Positive dynamics for 3M Company shares will prevail with possible volatility of 1.845%.
Pessimistic target level: 87.05
Optimistic target level: 88.69

3M Company Stock Forecast 03-11-2024.

Forecast target price for 03-11-2024: $87.37.
Negative dynamics for 3M Company shares will prevail with possible volatility of 2.031%.
Pessimistic target level: 86.81
Optimistic target level: 88.61

MMM (MMM) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Apr. 96.93 92.39 99.61 7.24
May. 96.35 92.48 99.93 7.46
Jun. 97.22 93.83 99.84 6.02
Jul. 92.61 90.11 94.05 4.19
Aug. 95.05 93.40 97.16 3.87
Sep. 98.65 95.33 103.32 7.73
Oct. 97.05 92.97 101.24 8.17
Nov. 97.63 96.11 102.08 5.85
Dec. 97.92 95.51 100.80 5.25

3M Company forecast for this year


3M Company Stock Prediction for Apr 2024

An uptrend is forecast for this month with an optimal target price of $96.9307. Pessimistic: $92.39. Optimistic: $99.61


3M Company Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $96.3491. Pessimistic: $92.48. Optimistic: $99.93


3M Company Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $97.2162. Pessimistic: $93.83. Optimistic: $99.84


3M Company Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $92.6082. Pessimistic: $90.11. Optimistic: $94.05


3M Company Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $95.053. Pessimistic: $93.40. Optimistic: $97.16


3M Company Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $98.646. Pessimistic: $95.33. Optimistic: $103.32


3M Company Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $97.048. Pessimistic: $92.97. Optimistic: $101.24


3M Company Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $97.6303. Pessimistic: $96.11. Optimistic: $102.08


3M Company Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $97.9232. Pessimistic: $95.51. Optimistic: $100.80



3M Company (MMM) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 96.34 93.85 99.28 5.47
Feb 97.26 95.16 101.23 6.00
Mar 99.95 95.57 103.84 7.97
Apr 104.50 101.68 106.32 4.36
May 103.81 99.58 107.61 7.47
Jun 108.30 105.57 113.11 6.66
Jul 105.38 102.34 108.35 5.54
Aug 102.78 99.51 104.39 4.67
Sep 108.09 104.65 111.85 6.44
Oct 108.09 104.26 110.29 5.47
Nov 104.71 100.82 109.55 7.97
Dec 107.60 104.51 110.44 5.38

3M Company (MMM) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 109.35 106.66 112.69 5.36
Feb 102.98 101.25 107.93 6.18
Mar 107.93 103.59 110.32 6.10
Apr 113.30 111.06 115.34 3.71
May 115.00 111.96 120.31 6.94
Jun 116.59 113.51 118.55 4.25
Jul 114.35 110.85 116.68 5.00
Aug 115.17 111.72 116.69 4.26
Sep 116.35 114.39 121.65 5.97
Oct 118.09 115.19 122.98 6.34
Nov 118.45 112.97 120.79 6.47
Dec 120.44 115.96 122.39 5.25

3M Company (MMM) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 124.56 119.32 128.07 6.83
Feb 123.29 119.44 127.58 6.38
Mar 126.24 121.47 132.23 8.13
Apr 129.43 125.78 132.07 4.76
May 125.78 122.23 130.53 6.36
Jun 128.64 122.93 132.81 7.44
Jul 129.11 125.70 132.82 5.36
Aug 126.71 122.83 129.06 4.83
Sep 129.37 127.66 134.64 5.19
Oct 133.01 129.98 136.76 4.96
Nov 129.98 124.60 134.58 7.42
Dec 130.53 126.92 133.42 4.87

3M Company (MMM) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 137.18 134.14 141.55 5.23
Feb 143.85 141.43 145.66 2.90
Mar 150.76 145.06 155.82 6.91
Apr 157.09 153.60 162.18 5.29
May 165.00 157.48 170.65 7.72
Jun 161.94 159.31 164.36 3.07
Jul 157.76 151.42 161.35 6.16
Aug 155.30 148.77 158.65 6.23
Sep 151.76 149.21 154.40 3.36
Oct 146.48 140.67 149.64 5.99
Nov 144.10 139.17 149.72 7.05
Dec 152.23 149.03 157.25 5.23

3M Company information and performance

3M Company Address

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

Market Capitalization: 50 914 730 000 $

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: 7 871 000 000 $

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: 2.058

Price/earnings to growth

DPS: 6

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: 0.0656

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

EPS: -12.63

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

Quarterly Earnings Growth YOY: 0.744
Quarterly Revenue Growth YOY: -0.008
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: 9.67

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

EV To Revenue: 1.891

Enterprise Value (EV) /Revenue

EV To EBITDA: -9.14

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

Shares Outstanding: 552700000

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 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.