3M Co Stock Forecast for 2023 - 2025 - 2030

Updated on 12/06/2023

Stock Rating
10
Price Target
$107.00
Consensus
Neutral
Upside
4.10%
Analysts
12
Stock Rating
10
Upside
4.10%
Analysts
12
Price Target
$107.00

3M Co Stock Forecast and Price Target

3M Co has an average price target of $107.00 recently offered by twelve notable experts for 2023, which would represent a potential upside of approximately 4.1% from the last closing price in December, 2023 if reached. This potential increase is based on a high estimate of $157.00 and a low estimate of $83.00. If you're thinking of investing in MMM stock, it's critical to check out its competitors as well.

$107.00

4.10% Upside

Hold
Hold

3M Co Fair Value Forecast for 2023 - 2025 - 2030

In the last three years, 3M Co's Price has grown from $147.66 to $167.76 – a 13.61% increase. Next year, analysts are expecting Fair Value to reach $183.04 – an increase of 9.11%. Over the next eight years, the forecast is for Fair Value to grow by 24.57%.

2023 Fair Value Forecast
$183.04
2024 Fair Value Forecast
$196.33
2025 Fair Value Forecast
$220.41
2026 Fair Value Forecast
$223.40
2027 Fair Value Forecast
$183.04
2028 Fair Value Forecast
$189.01
2029 Fair Value Forecast
$200.07
2030 Fair Value Forecast
$208.98
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
BRK.A Stock Forecast Berkshire Hathaway Inc Outperform 9
$535.22k Buy/Sell $606.67k 12.10%
GE Stock Forecast General Electric Outperform 9
$119.81 Buy/Sell $131.00 11.43%
HON Stock Forecast Honeywell International Inc Outperform 12
$197.79 Buy/Sell $213.16 6.68%
IEP Stock Forecast Icahn Enterprises L.P. Buy 11
$16.43 Buy/Sell $70.00 58.25%
SEB Stock Forecast Seaboard - 16
$3.57k Buy/Sell $11.34 115.91%

3M Co Revenue Forecast for 2023 - 2025 - 2030

In the last three years, 3M Co's Revenue has grown from $32.14B to $34.23B – a 6.51% increase. Next year, analysts are expecting Revenue to reach $37.47B – an increase of 9.48%. Over the next eight years, the forecast is for Revenue to grow by 18.52%.

2023 Rev Forecast
$37.47B
2024 Rev Forecast
$39.08B
2025 Rev Forecast
$41.30B
2026 Rev Forecast
$42.50B
2027 Rev Forecast
$38.19B
2028 Rev Forecast
$38.58B
2029 Rev Forecast
$39.53B
2030 Rev Forecast
$40.57B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
SPLP Stock Forecast Steel Partners Holdings L.P. - 12
$39.99 Buy/Sell $0.00 -100.00%
VTMC Stock Forecast Valentine Mark - 0
$0.27 Buy/Sell $0.00 -100.00%
SING Stock Forecast SinglePoint - 0
$0.34 Buy/Sell $0.00 -100.00%

3M Co Dividend per Share Forecast for 2023 - 2025 - 2030

In the last three years, 3M Co's Dividend per Share has grown by 3.47%, rising from $5.76 to $5.96. For next year, analysts predict Dividend per Share of $6.26, which would mean an increase of 5.03%. Over the next eight years, experts predict that 3M Co's Dividend per Share will grow at a rate of 22.20%.

2023 DPS Forecast
$6.26
2024 DPS Forecast
$6.53
2025 DPS Forecast
$7.76
2026 DPS Forecast
$7.92
2027 DPS Forecast
$6.16
2028 DPS Forecast
$6.38
2029 DPS Forecast
$6.87
2030 DPS Forecast
$7.28
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
VINO Stock Forecast Gaucho Group Holdings - -10
$0.60 Buy/Sell $0.00 6.67%
CRSM Stock Forecast Smartt - 0
$0.00 Buy/Sell $0.00 0.00%
GEGR Stock Forecast Gaensel Energy Group - 0
$0.01 Buy/Sell $0.00 -100.00%

3M Co Free Cash Flow Forecast for 2023 - 2025 - 2030

In the last three years, 3M Co's Free Cash Flow has seen a drop from $5.37B to $3.99B – a 25.75% decrease. In the next year, analysts believe that Free Cash Flow will reach $6.20B – an increase of 55.58%. For the next eight years, the forecast is for Free Cash Flow to grow by 74.75%.

2023 FCF Forecast
$6.20B
2024 FCF Forecast
$6.74B
2025 FCF Forecast
$7.26B
2026 FCF Forecast
$7.47B
2027 FCF Forecast
$5.98B
2028 FCF Forecast
$6.28B
2029 FCF Forecast
$6.64B
2030 FCF Forecast
$6.97B

3M Co Net Income Forecast for 2023 - 2025 - 2030

In the last three years, 3M Co's Net Income has grown by 27.89%, rising from $4.52B to $5.78B. For next year, analysts predict Net Income of $6.28B, which would mean an increase of 8.71%. Over the next eight years, experts predict that 3M Co's Net Income will grow at a rate of 20.61%.

2023 NI Forecast
$6.28B
2024 NI Forecast
$6.65B
2025 NI Forecast
$7.23B
2026 NI Forecast
$7.43B
2027 NI Forecast
$6.21B
2028 NI Forecast
$6.39B
2029 NI Forecast
$6.69B
2030 NI Forecast
$6.97B

3M Co EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, 3M Co's EBITDA has gone down from $7.90B to $6.22B – a 21.20% drop. In the next year, analysts believe that EBITDA will reach $10.04B – an increase of 61.24%. For the next eight years, experts predict that 3M Co's EBITDA will grow at a rate of 86.65%.

2023 EBITDA Forecast
$10.04B
2024 EBITDA Forecast
$10.64B
2025 EBITDA Forecast
$11.73B
2026 EBITDA Forecast
$12.14B
2027 EBITDA Forecast
$11.40B
2028 EBITDA Forecast
$11.16B
2029 EBITDA Forecast
$11.36B
2030 EBITDA Forecast
$11.62B

3M Co EBIT Forecast for 2023 - 2025 - 2030

In the last three years, 3M Co's EBIT has fallen from $6.31B to $4.39B – a 30.33% decrease. In the next year, analysts believe that EBIT will reach $8.09B – an increase of 84.27%. For the next eight years, the forecast is for EBIT to grow by 101.07%.

2023 EBIT Forecast
$8.09B
2024 EBIT Forecast
$8.56B
2025 EBIT Forecast
$9.27B
2026 EBIT Forecast
$9.40B
2027 EBIT Forecast
$7.68B
2028 EBIT Forecast
$8.02B
2029 EBIT Forecast
$8.47B
2030 EBIT Forecast
$8.83B

3M Co EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last three years, 3M Co's EPS has grown from $8.89 to $10.10 – a 13.61% increase. Next year, analysts are expecting EPS to reach $11.02 – an increase of 9.11%. Over the next eight years, the forecast is for EPS to grow by 24.57%.

2023 EPS Forecast
$11.02
2024 EPS Forecast
$11.82
2025 EPS Forecast
$13.27
2026 EPS Forecast
$13.45
2027 EPS Forecast
$11.02
2028 EPS Forecast
$11.38
2029 EPS Forecast
$12.04
2030 EPS Forecast
$12.58