With a market capitalization of $86.2 billion3M Company (HMM) is a diversified global technology company operating in the Americas, Asia Pacific, Europe, the Middle East and Africa. It serves a wide range of customers through three main business segments: security and industrial, transportation and electronics, and consumer.
Shares of the Saint Paul, Minnesota-based company have outperformed the broader market over the past 52 weeks. MMM Stock Has Returned Over 28% during this time period, while the broader S&P 500 index ($SPX) has increased by 18.9%. Additionally, the company’s shares are up 24.8% year over year, compared to SPX’s gain of 15.5%.
Additionally, 3M shares have outperformed those of the SPDR Industrial Select Sector Fund (XLII) 13.9% increase during the last 52 weeks.
3M shares rose 7.7% on October 21 after the company raised its adjusted EPS forecast for 2025 to $7.95 – $8.05, driven by a shift toward higher-margin products and tighter cost controls. The company reported Third quarter of 2025 Adjusted EPS of $2.19 and revenue of $6.32 billion, beating expectations. Investors were also encouraged by product innovation under management, including 70 new product launches in the third quarter and expectations to reach 250 by the end of the year, along with a 22.8% drop in selling, general and administrative expenses.
For the fiscal year ending December 2025, analysts expect 3M’s Adjusted EPS Will Increase 10.1% Year Over Year at $8.04. The company’s track record of earnings surprises is promising. It has surpassed consensus estimates over the past four quarters.
Among the 17 analysts covering the stock, the consensus rating It’s a “moderate buy.” This is based on 10 “Strong Buy” ratings, five “Holds” and two “Strong Sells.”
On October 22, UBS maintained a “Buy” rating on 3M and raised its target price at $190.
The average price target of $177.47 represents a 10.2% premium to MMM’s current price levels. The Street’s high price target of $199 suggests a potential upside of 23.6%.
As of the date of publication, Sohini Mondal had no (directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are for informational purposes only. For more information, see Barchart’s Disclosure Policy here.
