3M Stock Forecast for 2023 - 2025 - 2030

Updated on 04/25/2024

Stock Rating
10
Price Target
$100.00
Consensus
Neutral
Upside
9.40%
Analysts
3
Stock Rating
10
Upside
9.40%
Analysts
3
Price Target
$100.00

3M Stock Forecast and Price Target

3M has an average price target of $100.00 recently offered by three notable experts for 2024, which would represent a potential upside of approximately 9.4% from the last closing price in April, 2024 if reached. This potential increase is based on a high estimate of $111.57 and a low estimate of $78.00. If you're thinking of investing in MMM stock, it's critical to check out its competitors as well.

$100.00

9.40% Upside

Hold
Hold

3M Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, 3M's Price has decreased by 100.00%, from $144.82 to $0.00. Next year, analysts are expecting Fair Value to reach $195.86 – an increase of 100.00%. Over the next seven years, the forecast is for Fair Value to grow by 100.00%.

2024 Fair Value Forecast
$195.86
2025 Fair Value Forecast
$219.88
2026 Fair Value Forecast
$222.87
2027 Fair Value Forecast
$182.60
2028 Fair Value Forecast
$192.71
2029 Fair Value Forecast
$202.64
2030 Fair Value Forecast
$210.68
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
AMZN Stock Forecast Amazon.com Inc Buy 13
$173.67 Buy/Sell $204.68 23.80%
AZN Stock Forecast AstraZeneca PLC Outperform 17
£120.26 Buy/Sell £165.99 34.72%
ADBE Stock Forecast Adobe Outperform 14
$473.44 Buy/Sell $645.37 35.18%
DHR Stock Forecast Danaher Outperform 10
$245.80 Buy/Sell $260.33 9.85%
ABT Stock Forecast Abbott Laboratories Outperform 9
$106.86 Buy/Sell $118.92 18.38%

3M Revenue Forecast for 2023 - 2025 - 2030

In the last three years, 3M's Revenue has grown from $32.18B to $32.68B – a 1.54% increase. Next year, analysts are expecting Revenue to reach $39.08B – an increase of 19.57%. Over the next seven years, the forecast is for Revenue to grow by 24.14%.

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
CMCSA Stock Forecast Comcast Corp Outperform 10
$37.87 Buy/Sell $50.29 32.03%
AMGN Stock Forecast Amgen Outperform 4
$269.38 Buy/Sell $303.65 17.77%
DE Stock Forecast Deere & Outperform 5
$394.06 Buy/Sell $424.33 4.41%

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

In the last three years, 3M's Dividend per Share has grown by 2.04%, rising from $5.88 to $6.00. For next year, analysts predict Dividend per Share of $6.53, which would mean an increase of 8.83%. Over the next seven years, experts predict that 3M's Dividend per Share will grow at a rate of 19.73%.

2024 DPS Forecast
$6.53
2025 DPS Forecast
$7.76
2026 DPS Forecast
$7.92
2027 DPS Forecast
$6.16
2028 DPS Forecast
$6.20
2029 DPS Forecast
$6.74
2030 DPS Forecast
$7.18
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
BSX Stock Forecast Boston Scientific Outperform 11
$73.26 Buy/Sell $70.14 9.20%
BMY Stock Forecast Bristol-Myers Squibb Hold 2
$44.70 Buy/Sell $58.15 21.92%
GSK Stock Forecast GSK Outperform 12
£16.41 Buy/Sell £17.30 18.83%

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

2024 FCF Forecast
$6.74B
2025 FCF Forecast
$7.26B
2026 FCF Forecast
$7.47B
2027 FCF Forecast
$5.98B
2028 FCF Forecast
$6.13B
2029 FCF Forecast
$6.53B
2030 FCF Forecast
$6.89B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
ECL Stock Forecast Ecolab Hold 18
$219.79 Buy/Sell $205.36 5.10%
BAS Stock Forecast BASF Outperform 12
50.99€ Buy/Sell 49.50€ 9.83%
002415 Stock Forecast Hangzhou Hikvision Digital Tec... Buy 9
¥32.64 Buy/Sell ¥42.42 28.68%

3M EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, 3M's EBITDA has seen a drop from $9.07B to $7.87B – a 13.19% decrease. In the next year, analysts believe that EBITDA will reach $10.64B – an increase of 35.12%. For the next seven years, the forecast is for EBITDA to grow by 45.08%.

2024 EBITDA Forecast
$10.64B
2025 EBITDA Forecast
$11.73B
2026 EBITDA Forecast
$12.14B
2027 EBITDA Forecast
$10.57B
2028 EBITDA Forecast
$10.65B
2029 EBITDA Forecast
$11.03B
2030 EBITDA Forecast
$11.42B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
DOW Stock Forecast Dow Hold 2
$56.44 Buy/Sell $57.75 6.31%
SGO Stock Forecast Compagnie de Saint-Gobain Outperform 10
70.40€ Buy/Sell 69.97€ 17.90%
FTV Stock Forecast Fortive Outperform 18
$76.21 Buy/Sell $86.47 15.47%

3M EBIT Forecast for 2023 - 2025 - 2030

In the last three years, 3M's EBIT has gone down from $7.16B to $5.88B – a 17.78% drop. In the next year, analysts believe that EBIT will reach $8.56B – an increase of 45.44%. For the next seven years, experts predict that 3M's EBIT will grow at a rate of 34.82%.

2024 EBIT Forecast
$8.56B
2025 EBIT Forecast
$9.27B
2026 EBIT Forecast
$9.40B
2027 EBIT Forecast
$7.68B
2028 EBIT Forecast
$6.23B
2029 EBIT Forecast
$7.15B
2030 EBIT Forecast
$7.93B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
4901 Stock Forecast FUJIFILM Holdings Buy 18
¥9.41k Buy/Sell ¥10.57k 9.43%
ALGN Stock Forecast Align Technology Outperform 16
$310.50 Buy/Sell $309.08 4.67%
DOV Stock Forecast Dover Outperform 18
$179.11 Buy/Sell $167.07 0.80%

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

In the last four years, 3M's EPS has decreased by 100.00%, from $8.74 to $0.00. Next year, analysts are expecting EPS to reach $11.82 – an increase of 100.00%. Over the next seven years, the forecast is for EPS to grow by 100.00%.

2024 EPS Forecast
$11.82
2025 EPS Forecast
$13.27
2026 EPS Forecast
$13.45
2027 EPS Forecast
$11.02
2028 EPS Forecast
$11.63
2029 EPS Forecast
$12.23
2030 EPS Forecast
$12.71
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
APTV Stock Forecast Aptiv PLC Outperform 18
$70.13 Buy/Sell $107.83 43.31%
CSL Stock Forecast Carlisle Cos Inc Outperform 18
$382.03 Buy/Sell $302.33 10.86%
600660 Stock Forecast Fuyao Glass Industry Group Buy 18
¥44.75 Buy/Sell ¥48.30 15.35%