NYSE: MMM

3M (MMM) Stock Analysis & Forecast

3M Company. Producer manufacturing sector, industrial conglomerates industry. Market cap $85.60B.

$165.89+1.18 (+0.7%)

Close on Sep 18, 2026. Page updated Sep 19, 9:15 pm ET.

Gekko Brief

AI summary

3M closes at $165.89, up 0.7%, with the stock sitting between its 50-day average of $172.48 and 200-day average of $160.68. The GekkoIndex reads 65, placing the stock in the Accumulation zone, though the reading has eased 6.1 points over the past five sessions. Price stands 7.7% above Gekko Fair Value of $154.02. Over the past month the stock is down 8.2%, though it remains up 16.2% over six months and 6.9% over the past year.

This week's coverage centers on two threads: executive team changes at 3M alongside several consumer goods peers, and continued PFAS litigation, with a federal judge ruling that 3M, DuPont and Honeywell must face a lawsuit brought by Connecticut firefighters over contaminated protective gear, plus a separate federal suit tied to fire departments' equipment costs. Elsewhere, CEO Bill Brown discussed the company's data-center push, margin gains and progress toward 2027 targets, and management said higher oil costs are expected to be offset dollar-for-dollar through pricing with no earnings impact.

Looking ahead, 3M reports next on 20 October, before the open, 30 days out and beyond a typical 20-day holding window; the prior quarter beat estimates with EPS of $2.40 against a $2.27 estimate and produced a 7.3% price reaction, part of a streak of 8 beats in 8 quarters with an average absolute reaction of 6.1%. Seasonality over the next 20 trading days has averaged -2.3% across 5 years, rising in 2 of them. No insider, Congress or unusual options activity appears in the current windows. Analyst coverage spans 11 firms, 6 rating it buy, with a consensus target of $185.75.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $165.89200-day averageGekko Fair Value $154.02

Key stats

Market cap
$85.60B
P/E ratio
28.9
Forward P/E
17
EPS, TTM
$5.70
Revenue, TTM
$25.18B
Profit margin
11.9%
Dividend yield
1.86%
Beta
1.07
Volume
4.56M avg 2.80M
1-year return
+6.9%
Typical daily move
±2.1%
Typical 20-day move
±4.5%
50-day average
$172.48
200-day average
$160.68
Next earnings
Oct 20 before open
Shares outstanding
515.7M
52-week range
$139.34$184.90

3M swing-trade checklist

3M scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive1 mixed2 headwinds

  • Trendmixed

    Averages disagree

    Close $165.89 sits between the 50-day ($172.48) and 200-day ($160.68) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    65, Accumulation

    Reading 65 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valueheadwind

    7.7% above

    Price is 7.7% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 30 days

    Next report Oct 20, 2026, 30 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −2.3% on average

    From this point in the calendar, the next 20 trading days averaged −2.3% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

3M stock chart and price history

3M closed at $165.89 on Sep 18, 2026, +6.9% over the past year, inside a 52-week range of $139.34 to $184.90.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−8.2%
3 months
+3.3%
6 months
+16.2%
1 year
+6.9%
The full MMM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open MMM in Gekko

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About 3M

3M makes a wide range of industrial, technology and consumer goods and sells them to businesses and households around the world. Its output spans abrasives, adhesives, tapes, protective equipment, electrical and electronic components, automotive and highway safety materials, health care supplies and everyday household products, reflecting a footprint that touches manufacturing, transportation, medicine and the home alike.

The company groups its work into four segments. Safety and Industrial covers items such as metalworking abrasives, fasteners, masking materials, electrical parts and personal protective gear. Transportation and Electronics includes ceramics, films, vehicle sound and temperature control, graphic and optical films, and reflective safety materials. Health Care supplies food safety indicators, medical coding software, wound care products, dental supplies and filtration systems. Consumer offers bandages, braces, cleaning supplies, retail abrasives, car care and stationery items. These goods reach customers through online sales as well as wholesalers, retailers, distributors and authorized dealers.

3M was founded in 1902 and is headquartered in St. Paul, Minnesota. Its shares are listed on the NYSE under the ticker MMM.

Listed
NYSE
Sector
Producer manufacturing
Industry
Industrial conglomerates
Website
3m.com

3M GekkoIndex: the smart money zone

3M’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 65, in the Accumulation zone, down 6.1 points over five sessions.

010065Accumulation

Down 6.1 points over five sessions, from the Buying zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying26−0.4%−0.6%+0.2%+12.6%
Accumulation (current zone)144+0.9%+2.8%+4.6%+7.3%
Neutral438+0.6%+0.9%+2.4%+6.8%
Distribution470.0%+1.0%+1.1%+3.9%
Selling7Too few readings yet

Average MMM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the MMM price, zone by zone.Track MMM in Gekko

Is 3M stock overvalued? Gekko Fair Value

3M trades 7.7% above Gekko Fair Value of $154.02, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what 3M shares are worth, recalculated every trading day.

$154.02

Gekko Fair Value, Sep 19, 2026

7.7% Overvalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open MMM in Gekko

3M insider and Congress trading

No open-market insider purchases were filed for 3M, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for MMM in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every MMM insider filing, plotted on the chart in Gekko.Open MMM in Gekko

Congress trades last 90 days

No trades in MMM were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for MMM, plotted on the chart in Gekko.Open MMM in Gekko

Buybacks

3M has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$2.00B
As a share of market cap
2.34%
Trailing four quarters
$6.58B

From company filings.

Hedge funds and billionaires quarter ended Sep 30

0of the funds Gekko tracks hold MMM.

0added0opened0trimmed2sold out
Which funds are on each side, name by name.Unlock in Gekko

3M earnings: next date and track record

3M reports on Oct 20, 2026, before the open (30 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±6.1%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−5.1%Oct ’24+5.7%Jan ’25+7.9%Apr ’25−3.9%Jul ’25+8.0%Oct ’25−7.1%Jan ’26−3.7%Apr ’26+7.3%Jul ’26

Last earnings call, Jul 21, 2026 AI summary

What they said
3M reported a strong Q2 with organic sales growth of 5.4%, adjusted operating margin of 24.9% (up 40 bps), EPS of $2.40 (up 11%), and free cash flow of $1.3 billion with 107% conversion. The company returned $1.4 billion to shareholders in the quarter and announced it is raising full-year guidance for sales, EPS, and free cash flow based on stronger-than-expected order momentum and execution. Key drivers highlighted were commercial excellence (salesforce effectiveness, pricing governance, cross-selling), an accelerating NPI/innovation engine (92 product launches in the quarter, 176 in H1, on track for >350 in the year), and productivity improvements across G&A and supply chain. Expanded Beam Optics (EBO) data center technology with early traction (Microsoft qualification) was discussed as a material long-term opportunity. Orders were up ~10% in Q2 with backlog ~20% higher year-over-year. Management signaled confidence in continued momentum into H2 and 2027 but noted watch items including consumer electronics weakness, auto aftermarket softness, and certain capacity constraints and tariff timing issues.
Guidance
Company raised full-year guidance for sales, EPS, and free cash flow. Specific guidance elements disclosed on the call: organic growth guidance >3.5% for the year (Anurag); company expects roughly 1.5% pricing for the year (about 2 points in the back half); tax rate targeted around ~20% for the year; company expects to be about $450M above macro for the full year (improved from prior $340-350M estimate); static/stranded cost headwind of $150M for the year (weighted to second half); planned investments of $225M for the year ($75M H1, $150M H2); buybacks opportunistic (H1 repurchases ~ $3B at average ~$153), and the company raised EPS and FCF outlook (no specific EPS range disclosed in transcript).
Risks flagged
Risks called out on the call include: weakness in consumer electronics driven by memory chip dynamics (expected production decline in H2), softness in auto aftermarket and repair claims, retailer destocking in select channels (temporary but watchable), tariffs and unresolved tariff refunds, Strata cost headwinds, capacity constraints at certain assets (e.g., New Orleans, New Ulm), and general macro/industry uncertainty. Management also noted execution risk in scaling new technologies (e.g., Expanded Beam Optics) and the need to work with an ecosystem of partners.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 21, 2026$2.40
est $2.27
+5.7%$6.50B
est $6.40B
+1.6%+7.3%
Apr 21, 2026$2.14
est $1.98
+8.1%$6.00B
est $6.01B
−0.1%−3.7%
Jan 20, 2026$1.83
est $1.80
+1.7%$6.00B
est $6.00B
−0.1%−7.1%
Oct 21, 2025$2.19
est $2.07
+5.8%$6.52B
est $6.25B
+4.3%+8.0%
Jul 18, 2025$2.16
est $2.01
+7.5%$6.34B
est $6.12B
+3.7%−3.9%
Apr 22, 2025$1.88
est $1.78
+5.6%$5.95B
est $5.76B
+3.4%+7.9%
Jan 21, 2025$1.68
est $1.67
+0.6%$6.01B
est $5.78B
+3.9%+5.7%
Oct 22, 2024$1.98
est $1.91
+3.7%$6.29B
est $6.06B
+3.9%−5.1%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

3M stock forecast and analyst price targets

Analysts’ average 12-month price target for 3M is $185.75, +12.0% from the last close, from 11 firms rating the stock in the last 90 days.

$185.75consensus 12-month target, +12.0% from the last close
Low $132High $218
Buy6
Hold4
Sell1

Each firm’s latest rating in the last 90 days: 11 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 11CitiHold, maintained$183+10.3%
Sep 3BernsteinBuy, maintained$145−12.6%
Aug 10Morgan StanleyHold, reiterated$189+13.9%
Aug 10CitiHold, maintained
Aug 3Bank of America SecuritiesBuy, maintained
+4.6%average 20-day move after past Accumulation readings
−2.3%average move over the next 20 trading days in the last 5 years
±2.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

3M seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, 3M averaged −2.3% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+0.7%2021−2.4%2022−9.7%2023+1.4%2024−2.5%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.7%2 of 5
Next 10 trading days−2.8%2 of 5
Next 15 trading days−4.5%1 of 5
Next 20 trading days−2.3%2 of 5
Next 30 trading days0.0%2 of 5

For scale, MMM’s typical 20-trading-day move in either direction is about 4.5%.

3M market cap and key statistics

3M’s market cap is $85.60B, with a P/E ratio of 28.9 and revenue of $25.18B over the last twelve months.

Valuation

Market cap
$85.60B
P/E ratio
28.9
Forward P/E
17
EPS, TTM
$5.70
Gekko Fair Value
$154.02

Trading

Volume
4.56M
Avg volume, 20 days
2.80M
52-week high
$184.90
52-week low
$139.34
Shares outstanding
515.7M

Financials

Revenue, TTM
$25.18B
Profit margin
11.9%
Return on equity
81.9%
Quarterly earnings growth, YoY
+32.8%

Risk and income

Beta
1.07
Typical daily move
±2.1%
Typical 20-day move
±4.5%
Dividend yield
1.86%

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3M stock FAQ

What is 3M’s market cap?

3M’s market cap is $85.60B at the Sep 18, 2026 close of $165.89, with 515.7M shares outstanding. The shares trade on a P/E ratio of 28.9.

What is the 3M stock forecast?

The consensus analyst 12-month price target for 3M is $185.75, +12.0% from the last close. Of the 11 firms that rated the stock in the last 90 days, 6 rate it a buy, 4 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is 3M stock overvalued or undervalued?

On Gekko’s estimate 3M is overvalued: the Sep 18, 2026 close of $165.89 is 7.7% above Gekko Fair Value of $154.02. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does 3M report earnings next?

3M is expected to report on Oct 20, 2026, before the market opens (30 days away). Analysts expect earnings of $2.40 per share on revenue of $6.62B. 3M beat the earnings estimate in 8 of its last 8 reports, moving 6.1% on average across the report.

What is 3M’s 52-week high and low?

3M’s 52-week high is $184.90 and its 52-week low is $139.34; it closed at $165.89 on Sep 18, 2026, +6.9% over the past year.

Is 3M stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and earnings risk), 1 as mixed (trend) and 2 as headwinds (fair value and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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