3M Forecast, price target & analysts
3M Target price 2024 - Analyst rating & recommendation
3M Classifications & Recommendation:
3M Price Target
| Target Price | $152.87 |
| Price | $129.13 |
| Potential | 18.38% |
| Number of Estimates | 15 |
| 15 Analysts have issued a price target 3M 2025 . The average 3M target price is $152.87. This is 18.38% higher than the current stock price. The highest price target is $184.00 42.49% , the lowest is $100.00 22.56% . | |
| A rating was issued by 20 analysts: 11 Analysts recommend 3M to buy, 6 to hold and 3 to sell. | |
| Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis. | |
| Analyst Estimates: Analysts believe that the 3M stock has an average upside potential 2025 of 18.38% . Most analysts recommend the 3M stock at Purchase. |
Sales and Margin forecast 2024, 2025 to 2027
13 Analysts have issued a sales forecast 3M 2024 . The average 3M sales estimate is $23.6b . This is 17.39% lower than the revenue of the last 12 months(TTM). The highest sales forecast is $23.7b 17.16% , the lowest is $23.5b 17.60% .
This results in the following potential growth metrics:
Revenue Estimates
| 2023 | $32.7b | 4.52% |
|---|---|---|
| 2024 | $23.6b | 27.80% |
| 2025 | $24.3b | 2.92% |
| 2026 | $25.1b | 3.19% |
| 2027 | $25.9b | 3.49% |
13 Analysts have issued an 3M EBITDA forecast 2024. The average 3M EBITDA estimate is $6.6b . This is 7.75% lower than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $7.2b 1.21% , the lowest is $6.2b 13.12% .
This results in the following potential growth metrics and future EBITDA Margins:
EBITDA Estimates
| 2023 | $7.6b | 29.01% |
|---|---|---|
| 2024 | $6.6b | 13.98% |
| 2025 | $6.9b | 6.02% |
| 2026 | $7.3b | 5.14% |
| 2027 | $7.8b | 6.50% |
EBITDA Margin
| 2023 | 23.31% | 35.13% |
|---|---|---|
| 2024 | 27.77% | 19.15% |
| 2025 | 28.60% | 2.99% |
| 2026 | 29.14% | 1.89% |
| 2027 | 29.99% | 2.92% |
6 3M Analysts have issued a net profit forecast 2024. The average 3M net profit estimate is $4.1b . This is 4.58% lower than the net profit for the last 12 months(TTM). The highest net profit forecast is $4.3b 0.55% , the lowest is $4.0b 6.82% .
This results in the following potential growth metrics and future Net Margins:
Net Profit Estimates
| 2023 | $-6.9b | 224.07% |
|---|---|---|
| 2024 | $4.1b | 159.84% |
| 2025 | $5.5b | 34.27% |
| 2026 | $5.8b | 5.35% |
| 2027 | $6.0b | 2.90% |
Net Margin
| 2023 | -21.05% | 229.94% |
|---|---|---|
| 2024 | 17.44% | 182.87% |
| 2025 | 22.75% | 30.45% |
| 2026 | 23.23% | 2.11% |
| 2027 | 23.10% | 0.56% |
Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027
6 Analysts have issued a 3M forecast for earnings per share. The average 3M <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is $7.56 . This is 4.55% lower than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is $7.96 0.51% , the lowest is $7.38 6.82% .
This results in the following potential growth metrics and future valuations:
Earnings Per Share
| 2023 | $-12.63 | 224.07% |
|---|---|---|
| 2024 | $7.56 | 159.86% |
| 2025 | $10.15 | 34.26% |
| 2026 | $10.69 | 5.32% |
| 2027 | $11.00 | 2.90% |
P/E ratio
| Current | 16.44 | 306.53% |
|---|---|---|
| 2024 | 17.23 | 4.81% |
| 2025 | 12.83 | 25.54% |
| 2026 | 12.18 | 5.07% |
| 2027 | 11.83 | 2.87% |
Based on analysts' sales estimates for 2024, the 3M stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of 3.28 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 3.00 .
This results in the following potential growth metrics and future valuations:
EV/Sales
| Current | 2.71 | 26.05% |
|---|---|---|
| 2024 | 3.28 | 21.11% |
| 2025 | 3.19 | 2.84% |
| 2026 | 3.09 | 3.10% |
| 2027 | 2.99 | 3.37% |
P/S ratio
| Current | 2.48 | 38.38% |
|---|---|---|
| 2024 | 3.00 | 21.06% |
| 2025 | 2.92 | 2.84% |
| 2026 | 2.83 | 3.09% |
| 2027 | 2.73 | 3.37% |
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