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







Improve Your Financial Status: A How-To Guide

April 12, 2024 Improve Your Financial Status: A How-To Guide

Navigating through the complexities of personal finance can often feel like walking through a maze blindfolded. This guide is crafted especially for you,…
How ZIM Integrated Container Tracking is Revolutionizing Global Trade

April 12, 2024 How ZIM Integrated Container Tracking is Revolutionizing Global Trade

Have you ever wondered how your online shopping packages get to you? A big part of the answer is ZIM Integrated Container Tracking.…
6 Best Growth Stocks To Buy Now According to Metatrader 5

March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5

One of the reasons investors prefer growth stocks is that they are expected to perform better than other companies in terms of sales…
Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

March 6, 2024 Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

Human error is common in forex trading and often leads to familiar trading issues. These trading mishaps lead to significant novice traders regularly. …

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

Updated: April 16, 2024 (08:14)

Sector: Industrials

The share price of 3M Company (MMM) now

Latest session on the 15th of April for
3M Company is negative
Trading Volume: 3675020
Open: 91.98 /  High: 92.775 /  Low: 90.747
What analysts predict: $91.18
52-week High/Low: $95.67 / $68.67

50/200 Day Moving Average: $82.89 / $83.43

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 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.

Review the original Analysis
About author

Unlocking the Future of 3M: A Deep Dive into MMM Stock Forecast

Trend: Neutral
Apr 01, 2024

As investors keenly eye the MMM stock forecast, understanding the dynamic landscape of 3M’s financial maneuvers becomes crucial. Among the slew of influences poised to reshape the MMM stock price target, two factors stand prominently: the resolution of legal settlements and the strategic Solventum spin-off. These pivotal moments are not only expected to redefine 3M’s balance sheet but also signal a new era of financial resilience and flexibility for the conglomerate.

Navigating Through Legal and Strategic Waters

The multimillion-dollar legal settlements, including a notable $6 billion lawsuit related to defective earplugs and a staggering $10.3 billion for water supply damages, have undeniably dented 3M’s finances. Analysts scrutinizing the MMM stock forecast 2025 anticipate that the upcoming Solventum spin-off will be a strategic countermove, critically aimed at bolstering 3M’s balance sheet against such legal upheavals. This financial bolstering is not just about surviving the current legal storms but preparing the ground for a future unencumbered by litigation uncertainties.

Moreover, a closer look at the MMM stock forecast reveals an intricate tapestry of factors such as revenue growth prospects and balance sheet strength. Revenue streams, although growing at a modest rate of around 4% annually, supported by strategic share buybacks, and diversified demand from various business segments, underline a subtle yet positive growth trajectory. When combined with the anticipated financial relief and operational recalibration from the Solventum spin-off, these elements paint a promising picture of 3M’s stock future, enticing analysts and investors alike to consider MMM as a good stock to buy.

In sum, the near future for MMM stocks appears guarded yet optimistic, with legal settlements and strategic spin-offs playing pivotal roles. For analysts aiming to make accurate predictions, dissecting the minutiae of these events in relation to the broader financial health of 3M holds the key to unlocking insightful MMM stock forecasts.

Review the original Analysis
About author

Unlocking the Future: Predicting the Surge of MMM Stock

Trend: Strong Bullish
Mar 30, 2024

As analysts keenly observe the trajectory of 3M (MMM) stocks, several critical elements come into play, poised to sculpt the future of this established yet dynamic entity. At the forefront, MMM’s robust approach to revamping its operational structure through extensive restructuring efforts promises a pivotal transformation. This strategic move, encompassing workforce reduction and streamlining supply chains, aims at revitalizing organic sales growth and profitability—a fundamental pillar supporting the bullish outlook on MMM stocks.

Navigating Through Challenges: A Path to Prosperity

Yet, it’s not merely internal restructuring that analysts have their eyes on. Legal battles, particularly those surrounding combat earplugs and PFAS contamination, have cast shadows of uncertainty. However, with the combat earplug litigation mostly settled—reflecting a commitment of up to $6 billion over the coming years—and PFAS concerns perceived as accounted for, a clearing horizon emerges. These resolutions are not just a relief but a beacon signaling stability and potential growth, crucial for making informed predictions on MMM’s stock performance.

Moreover, MMM’s dividend king status, marked by a tempting 5.69% yield and a robust 1.9x free cash flow coverage ratio, accentuates its appeal, especially for income-seeking investors. Such financial health not only underpins MMM’s resilience but also its capability to maneuver through adversities and grasp opportunities.

In essence, the amalgamation of successful restructuring, resolution of legal issues, and exceptional financial fundamentals craft a narrative of renewal and growth for MMM. Analysts, leveraging these insights, can construct a nuanced forecast, anticipating a rejuvenated MMM poised to outshine in the stock market arena.

Review the original Analysis
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., %
Apr 18 92.67 91.82 93.34 1.66
Apr 19 92.01 91.33 92.65 1.45
Apr 20 91.27 90.19 92.02 2.02
Apr 21 92.11 90.80 92.83 2.23
Apr 22 91.87 90.62 92.77 2.37
Apr 23 91.37 90.62 92.47 2.04
Apr 24 91.61 90.27 92.29 2.23
Apr 25 91.63 91.21 92.75 1.69
Apr 26 92.51 91.79 93.29 1.63
Apr 27 91.38 90.80 92.37 1.73
Apr 28 91.38 90.12 92.15 2.25
Apr 29 93.03 92.06 93.64 1.72
Apr 30 93.17 92.75 94.65 2.05
May 01 94.05 93.37 95.18 1.93
May 02 95.39 94.07 96.45 2.54
May 03 95.04 94.45 95.77 1.39
May 04 94.40 93.13 95.76 2.82
May 05 93.89 93.02 95.29 2.44
May 06 92.63 91.54 93.31 1.94
May 07 92.98 92.22 93.80 1.71
May 08 93.30 91.93 93.67 1.89
May 09 92.03 91.13 93.08 2.14
May 10 93.33 91.95 94.31 2.56
May 11 92.66 92.16 93.55 1.51
May 12 92.46 91.03 93.14 2.32
May 13 91.72 90.75 92.60 2.04
May 14 91.17 90.60 91.61 1.11
May 15 90.38 89.17 91.25 2.33
May 16 90.53 89.17 91.96 3.13
May 17 91.14 89.76 91.97 2.46

3M Company Daily Price Targets


3M Company Stock Forecast 04-18-2024.

Forecast target price for 04-18-2024: $92.67.
Positive dynamics for 3M Company shares will prevail with possible volatility of 1.628%.
Pessimistic target level: 91.82
Optimistic target level: 93.34

3M Company Stock Forecast 04-19-2024.

Forecast target price for 04-19-2024: $92.01.
Negative dynamics for 3M Company shares will prevail with possible volatility of 1.430%.
Pessimistic target level: 91.33
Optimistic target level: 92.65

3M Company Stock Forecast 04-20-2024.

Forecast target price for 04-20-2024: $91.27.
Negative dynamics for 3M Company shares will prevail with possible volatility of 1.984%.
Pessimistic target level: 90.19
Optimistic target level: 92.02

3M Company Stock Forecast 04-21-2024.

Forecast target price for 04-21-2024: $92.11.
Positive dynamics for 3M Company shares will prevail with possible volatility of 2.183%.
Pessimistic target level: 90.80
Optimistic target level: 92.83

3M Company Stock Forecast 04-22-2024.

Forecast target price for 04-22-2024: $91.87.
Negative dynamics for 3M Company shares will prevail with possible volatility of 2.317%.
Pessimistic target level: 90.62
Optimistic target level: 92.77

3M Company Stock Forecast 04-23-2024.

Forecast target price for 04-23-2024: $91.37.
Negative dynamics for 3M Company shares will prevail with possible volatility of 1.996%.
Pessimistic target level: 90.62
Optimistic target level: 92.47

MMM (MMM) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 95.47 93.18 97.36 4.29
Jun. 96.50 95.23 100.62 5.35
Jul. 98.94 95.26 100.30 5.03
Aug. 97.63 93.18 99.62 6.47
Sep. 99.74 97.29 102.97 5.52
Oct. 103.87 101.06 107.36 5.86
Nov. 108.79 106.97 110.23 2.96
Dec. 109.45 106.03 111.15 4.61

3M Company forecast for this year


3M Company Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $95.4737. Pessimistic: $93.18. Optimistic: $97.36


3M Company Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $96.5049. Pessimistic: $95.23. Optimistic: $100.62


3M Company Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $98.9368. Pessimistic: $95.26. Optimistic: $100.30


3M Company Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $97.6308. Pessimistic: $93.18. Optimistic: $99.62


3M Company Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $99.7396. Pessimistic: $97.29. Optimistic: $102.97


3M Company Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $103.869. Pessimistic: $101.06. Optimistic: $107.36


3M Company Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $108.792. Pessimistic: $106.97. Optimistic: $110.23


3M Company Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $109.445. Pessimistic: $106.03. Optimistic: $111.15



3M Company (MMM) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 106.95 102.39 109.26 6.28
Feb 111.76 110.35 114.45 3.57
Mar 111.03 107.56 116.02 7.29
Apr 106.96 104.91 109.27 3.99
May 110.23 108.65 111.95 2.95
Jun 114.00 110.31 117.56 6.17
Jul 120.43 117.40 125.35 6.34
Aug 121.59 116.34 127.28 8.60
Sep 121.74 118.52 124.07 4.47
Oct 123.71 120.22 129.50 7.16
Nov 120.00 116.76 124.82 6.46
Dec 118.34 114.22 119.83 4.68

3M Company (MMM) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 116.85 111.80 118.95 6.01
Feb 119.51 114.14 125.18 8.82
Mar 121.31 118.98 125.09 4.89
Apr 121.60 116.42 125.68 7.37
May 126.71 123.06 128.38 4.15
Jun 131.95 127.68 134.96 5.40
Jul 128.23 123.84 133.92 7.53
Aug 126.69 123.27 131.86 6.51
Sep 120.99 116.93 123.10 5.01
Oct 124.40 119.03 129.10 7.80
Nov 125.75 121.67 131.56 7.51
Dec 126.88 121.17 132.59 8.61

3M Company (MMM) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 132.59 129.72 138.79 6.53
Feb 137.20 134.32 140.16 4.17
Mar 140.08 136.38 143.78 5.14
Apr 144.87 138.79 146.70 5.39
May 141.74 135.79 144.81 6.23
Jun 147.19 143.21 149.92 4.48
Jul 146.83 142.96 152.12 6.02
Aug 150.36 146.93 154.87 5.13
Sep 151.98 150.16 158.18 5.07
Oct 153.44 148.47 155.93 4.78
Nov 150.77 148.60 156.65 5.14
Dec 153.85 148.49 160.40 7.42

3M Company (MMM) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 151.17 147.36 157.43 6.40
Feb 157.25 152.43 159.13 4.21
Mar 162.44 160.00 166.53 3.92
Apr 163.02 160.38 168.11 4.60
May 167.32 163.81 173.55 5.61
Jun 163.51 159.88 166.45 3.95
Jul 160.76 157.58 165.68 4.89
Aug 157.68 153.42 160.61 4.48
Sep 155.78 152.79 161.48 5.38
Oct 155.60 151.77 157.56 3.67
Nov 158.96 155.81 161.72 3.66
Dec 158.67 151.53 163.34 7.23

3M Company information and performance

3M Company Address

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

Market Capitalization: 51 562 181 000 $

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: 1.905

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: 0.0648

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: 10.82

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

EV To Revenue: 1.91

Enterprise Value (EV) /Revenue

EV To EBITDA: -9.24

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 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.




Related stocks from Industrials sector


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.