MMM|Analyst Targets
MMM|Company Info
MMM|Insider Trading
MMM|Fundamentals
MMM|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $2.39 | - | - |
| Q2'26 | $2.25 | $2.40 | +6.8% |
| Q1'26 | $1.98 | $2.14 | +7.9% |
| Q4'25 | $1.82 | $1.83 | +0.7% |
| Q3'25 | $2.07 | $2.19 | +5.6% |
| Q2'25 | $2.01 | $2.16 | +7.4% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $6.7B | - | - |
| Q2'26 | $6.5B | $6.5B | +0.5% |
| Q1'26 | $6.0B | $6.0B | +0.0% |
| Q4'25 | $6.1B | $6.0B | -0.8% |
| Q3'25 | - | $6.3B | - |
| Q2'25 | - | $6.2B | - |
MMM|Monthly Returns
Market Data
MMM Stock Snapshot
- Market cap
- 82.86B
- P/E ratio
- 27.6
- Day range
- $161.50 – $164.56
- News sentiment
- 53/100 · Neutral
- Analyst target
- $186.15 (+13.2%)
- Consensus
- Buy · 24 analysts
MMM ranks mid-pack on momentum, neither leading nor lagging its peers by much. Earnings and guidance carry more weight than macro data at this capitalisation.
Reverse DCF
What growth is priced into MMM?
At today's price, 3M Company needs to grow free cash flow about 40.6% a year for the next 10 years to justify its valuation at a 9.17% cost of capital. Over its actual history it has compounded free cash flow at -2.2% a year, so the market is asking for 42.8 percentage points above its own delivered rate. On that basis MMM looks priced above what its own growth record supports.
- Implied FCF growth
- 40.6%
- Historical FCF CAGR
- -2.2%
- Growth gap
- +42.8 pts
- Verdict
- RICH
- Discount rate (WACC)
- 9.17%
- Beta
- 0.98
Behaviour On Record
What MMM's own history says about today's numbers
- Realized volatility (21d)
- 20.3% 52nd pct
- Below its peak
- -24.9%
- vs 200-day average
- +1.4%
- Up days (1y)
- 51%
3M Company is currently running 20.3% annualised volatility over the last 21 sessions. Measured against MMM's own 13 years of daily returns rather than a market-wide average, that is the 52nd percentile — close to its own typical level, against a typical reading of 20.0%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.
MMM is trading -24.9% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -20.1%, and the deepest was -40.6% in 2022. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.
Price sits +1.4% from its 200-day moving average. Against every other day in its history, that gap ranks at the 47th percentile — close to the gap it normally carries. Over the past year MMM closed higher on 51% of sessions, and it is currently 3 sessions into a rising streak.
On October specifically: over 14 years of records, MMM finished the month higher 10 of 14 times, with a median return of +2.5% and an average of +2.7%. Its strongest month historically has been July at +4.1% on average, its weakest September at -2.4%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.
Overnight risk is measurable too: MMM has opened more than 2% away from the prior close in 35 of 3,268 sessions (1.1% of the time), with the largest gaps running +7.0% and -7.1%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.
Across the last 3 dated reports on file, MMM moved an average of 0.9% in the session after earnings, closing higher 1 of those 3 times, with a median move of -0.1% and a largest of -2.5%.
All figures computed from 3,269 daily closes between 2013-10-15 and 2026-10-14, split-adjusted, recomputed daily. Percentiles are against MMM's own 13-year history, not a peer group or index.
Sector Rotation
Is money rotating into or out of MMM's sector?
3M Company sits in the Industrials sector, currently ranked 8th of 12 GICS sectors by relative-strength rotation score (improving).
- Sector rank
- #8 of 12
- Sector state
- Improving
- Sector rotation score
- 36
Analyst Rating Changes
Are analysts turning bullish or bearish on MMM?
JP Morgan most recently reiterated its rating on 3M Company to Overweight on Oct 9, 2026 with a price target of $185 (from $205). Over the last 90 days, coverage has run 2 upgrades against 0 downgrades, a net bullish lean.
- Latest action
- JP Morgan — Overweight
- 90-day upgrades
- 2
- 90-day downgrades
- 0
- Net rating momentum
- +2
Peers & ETF holders
MMM peers & ETF holders
ConglomeratesMarket cap · today
- MMMYou're here$82.9B-0.02%
- HONHoneywell International Inc.$65.7B-0.08%
News Sentiment Analysis
Sentiment gathered from recent headlines
Recent News Coverage
Most recent articles, ranked by recency (click to expand).
Technical Analysis
Real-time indicators across multiple timeframes
| Manager | Trend | Shares Held | % of Co. | Position Value | Filed |
|---|---|---|---|---|---|
| Vanguard Group Inc | ▲ Buy | 49,055,462 | 9.64% | $7.85B | 2026-01-29 |
| BlackRock, Inc. | ▲ Buy | 45,048,766 | 8.85% | $7.29B | 2026-08-07 |
| JPMorgan Chase & Co | ▼ Sell | 39,432,727 | 7.75% | $6.41B | 2026-08-12 |
| Geode Capital Management, LLC | ▲ Buy | 11,957,078 | 2.35% | $1.93B | 2026-08-12 |
| Capital World Investors | ▼ Sell | 8,392,028 | 1.65% | $1.36B | 2026-08-12 |
| Norges Bank | ▼ Sell | 7,808,095 | 1.53% | $1.26B | 2026-08-12 |
| Morgan Stanley | ▲ Buy | 7,630,269 | 1.50% | $1.24B | 2026-08-13 |
| Northern Trust Corp | ▲ Buy | 5,628,328 | 1.11% | $911.28M | 2026-08-13 |
| FMR LLC (Fidelity) | ▼ Sell | 5,307,203 | 1.04% | $859.29M | 2026-08-13 |
| D. E. Shaw & Co., Inc. | ▼ Sell | 4,871,164 | 0.96% | $788.69M | 2026-08-14 |
| Bank of America Corp | ▼ Sell | 4,475,755 | 0.88% | $724.67M | 2026-08-14 |
| Goldman Sachs Group Inc | ▼ Sell | 4,458,815 | 0.88% | $721.93M | 2026-08-14 |
| Invesco Ltd. | ▼ Sell | 3,643,494 | 0.72% | $589.92M | 2026-08-14 |
| Janus Henderson Group plc | ▼ Sell | 3,393,646 | 0.67% | $492.86M | 2026-05-18 |
| AllianceBernstein L.P. | ▲ Buy | 2,830,023 | 0.56% | $411.00M | 2026-08-14 |
| Balyasny Asset Management L.P. | ▲ Buy | 2,306,941 | 0.45% | $373.52M | 2026-08-14 |
| Wells Fargo & Company | ▼ Sell | 1,952,856 | 0.38% | $316.19M | 2026-08-14 |
| Citadel Advisors LLC | ▲ Buy | 1,736,119 | 0.34% | $281.10M | 2026-09-02 |
| AQR Capital Management LLC | ▲ Buy | 1,620,697 | 0.32% | $262.41M | 2026-08-14 |
| Millennium Management LLC | ▼ Sell | 1,310,763 | 0.26% | $212.23M | 2026-08-14 |
| Marshall Wace, LLP | ▲ Buy | 1,224,555 | 0.24% | $198.27M | 2026-08-13 |
| Adage Capital Partners GP, L.L.C. | ▲ Buy | 863,485 | 0.17% | $139.81M | 2026-08-14 |
| Citigroup Inc | ▲ Buy | 643,052 | 0.13% | $104.12M | 2026-08-03 |
| Point72 Asset Management, L.P. | ▲ Buy | 565,823 | 0.11% | $91.61M | 2026-08-14 |
| Neuberger Berman Group LLC | ▼ Sell | 562,015 | 0.11% | $91.00M | 2026-08-13 |
| Member | Chamber | State | Type | Amount | Traded | Filed |
|---|---|---|---|---|---|---|
| Josh Gottheimer | House | NJ05 | ▼ Sell | $1K - $15K | 2026-04-28 | 2026-05-19 |
| Tina Smith | Senate | MN | ▼ Sell | $50K - $100K | 2026-03-31 | 2026-04-02 |
| Alan Armstrong | Senate | OK | ▲ Buy | $1K - $15K | 2026-03-27 | 2026-07-21 |
| Julia Letlow | House | LA05 | ▼ Sell | $1K - $15K | 2026-02-04 | 2026-03-12 |
| Julia Letlow | House | LA05 | ▼ Sell | $1K - $15K | 2026-02-02 | 2026-03-12 |
| Julie Johnson | House | TX32 | ▼ Sell | $1K - $15K | 2025-12-18 | 2026-01-15 |
| Julie Johnson | House | TX32 | ▼ Sell | $1K - $15K | 2025-11-13 | 2025-12-11 |
| Josh Gottheimer | House | NJ05 | ▼ Sell | $1K - $15K | 2025-10-20 | 2025-11-17 |
| Julie Johnson | House | TX32 | ▼ Sell | $1K - $15K | 2025-08-14 | 2025-09-11 |
| Valerie Hoyle | House | OR04 | ▼ Sell | $1K - $15K | 2025-07-28 | 2025-09-12 |
| Julie Johnson | House | TX32 | ▲ Buy | $1K - $15K | 2025-06-18 | 2025-07-14 |
| Rob Bresnahan | House | PA08 | ▼ Sell | $15K - $50K | 2025-05-23 | 2025-06-23 |
| Jefferson Shreve | House | IN06 | ▼ Sell | $15K - $50K | 2025-05-12 | 2025-06-22 |
| Julie Johnson | House | TX32 | ▲ Buy | $1K - $15K | 2025-04-11 | 2025-05-14 |
| Josh Gottheimer | House | NJ05 | ▲ Buy | $1K - $15K | 2025-04-05 | 2025-05-14 |
| Julie Johnson | House | TX32 | ▲ Buy | $1K - $15K | 2025-04-01 | 2025-05-14 |
| Julie Johnson | House | TX32 | ▲ Buy | $1K - $15K | 2025-03-15 | 2026-08-05 |
| Julie Johnson | House | TX32 | ▲ Buy | $1K - $15K | 2025-03-12 | 2025-04-14 |
| Josh Gottheimer | House | NJ05 | ▲ Buy | $1K - $15K | 2025-01-30 | 2025-02-10 |
| Josh Gottheimer | House | NJ05 | ▲ Buy | $1K - $15K | 2025-01-21 | 2025-02-10 |
| Julia Letlow | House | LA05 | ▲ Buy | $1K - $15K | 2025-01-17 | 2026-01-13 |
| Tommy Tuberville | Senate | AL | ▼ Sell | $15K - $50K | 2024-04-29 | 2024-05-15 |
| Julie Johnson | House | TX32 | ▲ Buy | $1K - $15K | 2024-03-15 | 2025-04-14 |
| Tommy Tuberville | Senate | AL | ▲ Buy | $15K - $50K | 2023-10-17 | 2023-11-16 |
| Sheldon Whitehouse | Senate | RI | ▼ Sell | $15K - $50K | 2023-09-20 | 2023-10-17 |