MMM
3M Stock Eyes Best Week Since February: Wall Street Sees Multi-Year Growth Story Taking Shape
Article Summary
BUY- 3M Co. (NYSE: MMM) is poised for its best week since February after reporting stronger-than-expected Q2 results and raised 2026 EPS guidance, with Goldman Sachs raising its price target to $202 from $190 and UBS increasing it to $218, implying 28% upside. 3M Company reported $6.5 billion in revenue and $2.40 in earnings, beating expectations, supported by 5.4% organic growth and strong industrial demand across industrial and commercial markets.
- Goldman cited improved productivity, efficiency improvements, and a growing product pipeline as key catalysts.
- RBC Capital maintained an Underperform rating, while Bernstein raised its target from $140 to $145 and Citi increased from $183 to $183, citing improving earnings momentum and higher 2026 guidance.
- Analysts expect new products and commercial initiatives to contribute more to the company's long-term trajectory.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 2.4% | 25% | 20.0 ptsMinimal (2.4%) - Very weak |
| EPS Growth Next 5Y ? | 9.1% | 25% | 20.0 ptsWeak (9.1%) - Low expectations |
| Target Price Upside ? | 9.2% | 20% | 35.0 ptsBelow Screener (9.2%) - Target: $185.53 vs Current: $169.89 |
| Gross Margin % ? | 39.4% | 15% | 60.0 ptsSolid (39.4%) - Decent margins |
| Drawdown from 52-Wk High ? | -4.2% | 15% | 20.0 ptsBarely a Dip (-4.2%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About MMM
- 3M Company provides diversified technology services in the America, the Asia Pacific, Europe, the Middle East, Africa, and internationally.
- It operates through three segments: Safety and Industrial, Transportation and Electronics, and Consumer.
- The Safety and Industrial segment provides industrial abrasives and finishing for metalworking applications; autobody repair solutions; industrial specialty products, such as personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles.
- The Transportation and Electronics segment provides ceramic solutions; attachment and bonding, films, sound, and temperature management for transportation vehicles; format graphic films for advertising and fleet signage; reflective signage for highway and vehicle safety; light management films and electronics assembly solutions; chip packaging and interconnection solutions; semiconductor production materials; and data center solutions.
- The Consumer segment offers cleaning products for the home; consumer air quality products; picture hanging accessories; retail abrasives, paint accessories, and safety products; stationery and office products; automotive appearance products; and consumer bandages, tapes, braces, and supports.
- It serves automotive; commercial solutions; consumer markets; design and construction; electronics; energy; government; manufacturing; safety; transportation industries.
- The company offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, channel partner, and dealers, as well as directly to users. 3M Company was founded in 1902 and is headquartered in Saint Paul, Minnesota.