3M Co Stock Forecast for 2023 - 2025 - 2030

Updated on 05/30/2023

Stock Rating
16
Price Target
$119.50
Consensus
Neutral
Upside
24.39%
Analysts
12
Stock Rating
16
Upside
24.39%
Analysts
12
Price Target
$119.50

3M Co Stock Forecast and Price Target

3M Co has an average price target of $119.50 recently offered by twelve notable experts for 2023, which would represent a potential upside of approximately 24.39% from the last closing price in May, 2023 if reached. This potential increase is based on a high estimate of $197.00 and a low estimate of $105.00. If you're thinking of investing in MMM stock, it's critical to check out its competitors as well.

$119.50

24.39% Upside

Hold
Hold

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

In the last two years, 3M Co's Price has grown from $158.24 to $180.14 – a 13.84% increase. Next year, analysts are expecting Fair Value to reach $196.16 – an increase of 8.89%. Over the next eight years, the forecast is for Fair Value to grow by 24.32%.

2023 Fair Value Forecast
$196.16
2024 Fair Value Forecast
$210.40
2025 Fair Value Forecast
$236.21
2026 Fair Value Forecast
$239.41
2027 Fair Value Forecast
$196.16
2028 Fair Value Forecast
$202.55
2029 Fair Value Forecast
$214.40
2030 Fair Value Forecast
$223.95
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
AMZN Stock Forecast Amazon.com Inc Buy 13
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ABT Stock Forecast Abbott Laboratories Outperform 10
$101.73 Buy/Sell $122.59 22.87%
DHR Stock Forecast Danaher Corp Outperform 10
$227.17 Buy/Sell $304.24 34.04%
CMCSA Stock Forecast Comcast Corp Outperform 10
$39.16 Buy/Sell $45.38 9.81%
ADBE Stock Forecast Adobe Outperform 12
$417.22 Buy/Sell $401.45 -7.12%

3M Co Revenue Forecast for 2023 - 2025 - 2030

In the last two years, 3M Co's Revenue has grown from $32.14B to $35.36B – a 10.02% increase. Next year, analysts are expecting Revenue to reach $37.47B – an increase of 5.99%. Over the next eight years, the forecast is for Revenue to grow by 14.75%.

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
BMY Stock Forecast Bristol-Myers Squibb Co Outperform 2
$63.71 Buy/Sell $80.99 30.28%
AMGN Stock Forecast Amgen Inc Hold 7
$218.56 Buy/Sell $268.00 27.20%
DE Stock Forecast Deere & Co Outperform 6
$350.63 Buy/Sell $466.70 36.04%

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

In the last two years, 3M Co's Dividend per Share has grown by 2.78%, rising from $5.76 to $5.92. For next year, analysts predict Dividend per Share of $6.26, which would mean an increase of 5.74%. Over the next eight years, experts predict that 3M Co's Dividend per Share will grow at a rate of 23.02%.

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
GE Stock Forecast General Electric Outperform 7
$102.40 Buy/Sell $107.03 -15.04%
BDX Stock Forecast Becton, Dickinson and Outperform 17
$238.39 Buy/Sell $284.07 15.36%
ETN Stock Forecast Eaton Corp PLC Outperform 10
$181.81 Buy/Sell $190.00 -4.85%

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

In the last two years, 3M Co's Free Cash Flow has grown, rising from $5.37B to $5.85B – a growth of 8.94%. In the next year, analysts believe that Free Cash Flow will reach $6.20B – an increase of 6.04%. For the next eight years, the forecast is for Free Cash Flow to grow by 19.11%.

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
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
BSX Stock Forecast Boston Scientific Outperform 15
$50.51 Buy/Sell $52.51 -1.01%
BAS Stock Forecast BASF Hold 11
45.98€ Buy/Sell 53.50€ 19.62%
APH Stock Forecast Amphenol Corp Outperform 17
$76.77 Buy/Sell $86.50 13.33%

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

In the last two years, 3M Co's Net Income has grown by 31.08%, rising from $4.52B to $5.92B. For next year, analysts predict Net Income of $6.28B, which would mean an increase of 6.07%. Over the next eight years, experts predict that 3M Co's Net Income will grow at a rate of 17.68%.

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
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
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¥34.79 Buy/Sell ¥69.03 62.26%
6501 Stock Forecast Hitachi Buy 18
¥6.56k Buy/Sell ¥0.00 29.65%
ECL Stock Forecast Ecolab Inc Outperform 18
$165.80 Buy/Sell $164.25 -0.48%

3M Co EBITDA Forecast for 2023 - 2025 - 2030

3M Co's EBITDA has grown In the last two years, rising from $7.90B to $9.71B – a growth of 22.88%. In the next year, analysts believe that EBITDA will reach $10.04B – an increase of 3.41%. For the next eight years, experts predict that 3M Co's EBITDA will grow at a rate of 19.70%.

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
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
DOW Stock Forecast Dow Hold 11
$49.50 Buy/Sell $54.73 10.10%
CARR Stock Forecast Carrier Global Outperform 18
$41.75 Buy/Sell $0.00 12.69%
DD Stock Forecast DuPont de Nemours Outperform 17
$68.73 Buy/Sell $80.32 16.40%

3M Co EBIT Forecast for 2023 - 2025 - 2030

3M Co's EBIT has seen impressive growth In the last two years, rising from $6.31B to $7.79B – a growth of 23.55%. In the next year, analysts believe that EBIT will reach $8.09B – an increase of 3.91%. For the next eight years, the forecast is for EBIT to grow by 13.39%.

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
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
SGO Stock Forecast Compagnie de Saint-Gobain Outperform 18
52.38€ Buy/Sell 71.19€ 40.32%
CERN Stock Forecast Cerner - 13
$94.92 Buy/Sell $93.31 13.03%
ALGN Stock Forecast Align Technology Inc Outperform 16
$285.00 Buy/Sell $252.73 -10.53%

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

In the last two years, 3M Co's EPS has grown from $8.89 to $10.12 – a 13.84% increase. Next year, analysts are expecting EPS to reach $11.02 – an increase of 8.89%. Over the next eight years, the forecast is for EPS to grow by 24.32%.

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
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
APTV Stock Forecast Aptiv PLC Outperform 18
$91.25 Buy/Sell $122.05 32.60%
FTV Stock Forecast Fortive Outperform 18
$67.24 Buy/Sell $75.72 11.54%
CAH Stock Forecast Cardinal Health Hold 13
$81.33 Buy/Sell $85.19 0.21%