$133.11
0.17% day before yesterday
NYSE, Dec 06, 10:10 pm CET
ISIN
US88579Y1010
Symbol
MMM

3M Target price 2024 - Analyst rating & recommendation

3M Classifications & Recommendation:

Buy
55%
Hold
30%
Sell
15%

3M Price Target

Target Price $152.47
Price $133.11
Potential 14.54%
Number of Estimates 15
15 Analysts have issued a price target 3M 2025 . The average 3M target price is $152.47. This is 14.54% higher than the current stock price. The highest price target is $184.00 38.23% , the lowest is $100.00 24.87% .
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 14.54% . Most analysts recommend the 3M stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2027


Dec '23 2024
Estimates
Revenue Billion $ 32.68 23.60
4.52% 27.78%
EBITDA Margin 23.31% 27.97%
35.13% 20.01%
Net Margin -21.05% 17.44%
229.94% 182.87%

13 Analysts have issued a sales forecast 3M 2024 . The average 3M sales estimate is $23.6b . This is 17.38% 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 27.78%
2025 $24.3b 3.04%
2026 $25.1b 3.06%
2027 $25.9b 3.49%

13 Analysts have issued an 3M EBITDA forecast 2024. The average 3M EBITDA estimate is $6.6b . This is 7.06% lower than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $7.6b 6.42% , 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 13.33%
2025 $7.0b 6.10%
2026 $7.4b 5.35%
2027 $7.8b 5.42%

EBITDA Margin

2023 23.31% 35.13%
2024 27.97% 20.01%
2025 28.80% 2.97%
2026 29.44% 2.22%
2027 29.99% 1.87%

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 22.72% 30.28%
2026 23.23% 2.24%
2027 23.10% 0.56%

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027


Dec '23 2024
Estimates
Earnings Per Share $ -12.63 7.56
224.07% 159.86%
P/E 17.61
EV/Sales 3.35

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 16.81 324.73%
2024 17.61 4.76%
2025 13.12 25.50%
2026 12.45 5.11%
2027 12.10 2.81%

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 3.35 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 3.07 .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.77 35.78%
2024 3.35 20.91%
2025 3.25 2.95%
2026 3.15 2.97%
2027 3.05 3.37%

P/S ratio

Current 2.54 50.68%
2024 3.07 21.04%
2025 2.98 2.95%
2026 2.89 2.97%
2027 2.79 3.37%

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today