3M (MMM) Stock Approaches $172 Resistance, Targeting $210
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2026
0mins
Should l Buy MMM?
Source: CNBC
- Upward Price Trend: 3M's stock has risen 23.5% over the past 52 weeks, indicating a strong recovery momentum, with expectations to break the key resistance level at $172 following the upcoming fourth-quarter earnings, thereby laying the groundwork for a long-term bull market.
- Earnings Catalyst: Historically, 3M shares have rallied seven times out of the last ten earnings reports, averaging an 8.3% gain, suggesting that the forthcoming earnings report could serve as a significant catalyst for further price increases, boosting investor confidence.
- Technical Indicators Turning Bullish: The MACD has flashed a buy signal while the RSI has broken its downtrend, indicating that the stock is likely to surpass $172 in the short term, with potential targets of $190 and $210, attracting more investor interest.
- Support Level Analysis: The stock has established strong support around $160, with the 200-day moving average at $154; should a pullback occur, investors can look for favorable risk/reward opportunities in these areas, ensuring the safety of long-term investments.
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Analyst Views on MMM
Wall Street analysts forecast MMM stock price to rise
11 Analyst Rating
6 Buy
3 Hold
2 Sell
Moderate Buy
Current: 145.250
Low
100.00
Averages
152.00
High
184.00
Current: 145.250
Low
100.00
Averages
152.00
High
184.00
About MMM
3M Company is a diversified technology company. The Company is a manufacturer and marketer of a variety of products and services. The Company’s segments include Safety and Industrial; Transportation and Electronics, and Consumer. Its Safety and Industrial segment includes industrial abrasives and finishing for metalworking applications; autobody repair solutions; industrial specialty products, such as personal hygiene products, masking, and packaging materials, and others. Its Transportation and Electronics segment includes advanced ceramic solutions; attachment/bonding, films, sound and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage. Its Consumer segment includes cleaning products for the home; consumer air quality products, and picture hanging accessories. Its brands include 3M Cubitron II abrasives, Scotch-Brite, Filtrete, Command, Scotchgard, Meguiar’s, Nexcare, Post-it and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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