Stock Price & Analysis

Based on the analysis of MMM's recent performance and market trends, the stock is currently showing signs of strength with a moderate buy rating from analysts. Given its stable financials and positive outlook, it is recommended to hold or buy MMM stock.

The price prediction for MMM stock in 2025 is approximately $170. This forecast is supported by strong Q4 earnings, where revenue and EPS exceeded expectations, and positive analyst sentiment following restructuring efforts under CEO Bill Brown.

The S1 support level for MMM Stock is $144.05 ,The R1 resistant level for MMM Stock is $153.84.

As of the end of day on 2025-04-02, the price of MMM Stock was $144.46.

The target price for MMM Stock according to analyst rating is 156.50, with the highest price target at 184.00 and the lowest at 96.00. Analysts have a Moderate Buy rating on MMM Stock overall.

The market cap of MMM is $79.7B.

3M (MMM) appears to be overvalued based on several key factors:

1. High Valuation Metrics:

   • The stock's PE ratio of 19.34 is above the industry average, indicating a premium valuation.
   • The EV/EBITDA of 17.79 and PB ratio of 9.37 are also elevated compared to peers.

2. Lower Dividend Yield:

   • The dividend yield of 2.8% is below some industry peers, reducing its appeal for income-focused investors.

3. Mixed Analyst Sentiment:

   • While some analysts have upgraded the stock to Buy, others maintain a Sell rating, reflecting uncertainty.

4. Recent Business Developments:

   • The spin-off of its healthcare business and ongoing litigation contribute to valuation concerns.

In conclusion, 3M's high valuation metrics and mixed analyst sentiment suggest it may be overvalued. Investors should exercise caution and consider waiting for a price correction or improved fundamentals.

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 include abrasives, automotive aftermarket, closure and masking systems, electrical markets, personal safety, roofing granules, and industrial adhesives and tapes. This segment offers collision repair and paint spray products, and reclosable fasteners, tapes and label materials for durable goods. Its Transportation and Electronics segment includes advanced materials, automotive and aerospace, commercial solutions, display materials and systems, electronic materials solutions, and transportation safety. Its Consumer segment includes consumer and home improvement markets, home and auto care, and stationery and office. Its brands include 3M Cubitron II abrasives, Scotch-Brite, Filtrete, Command, Scotchgard, Post-it and others.

Price Prediction for MMM Stock by 2030

Based on current trends and analyst expectations, 3M Company (MMM) is predicted to reach a stock price of $184 by 2030. This projection aligns with the high end of analyst price targets and considers the company's ongoing restructuring efforts and growth initiatives.

MMM has a total of 85000 employees.