3M Company (NYSE:MMM) reported better-than-expected fourth-quarter 2025 earnings on Tuesday.
The company reported fourth-quarter 2025 adjusted sales of $6.023 billion, which came slightly above the consensus estimate of $6.012 billion. Adjusted sales increased 3.7% year-on-year (Y/Y), with adjusted organic sales up 2.2% Y/Y.
Adjusted earnings per share rose 9% Y/Y to $1.83, topping the Street estimate of $1.80.
3M sees 2026 adjusted EPS outlook of $8.50-$8.70 (versus consensus of $8.61) and adjusted sales outlook of about $25.250 billion, versus street view of $25.040 billion. 3M now expects adjusted sales organic growth of around 3% and adjusted operating profit margin of 24.1% to 24.2%
William Brown, 3M Chairman and CEO, said, "Our accelerated pace of innovation and commercial execution positions us to outperform the macro environment again in 2026. Our continued operating rigor supports further margin expansion and earnings growth, putting us on a clear path to meet or exceed the 2027 financial commitments we outlined at our Investor Day last year."
3M shares gained 1.4% to trade $158.28 on Wednesday.
These analysts made changes to their price targets on 3M following earnings announcement.
- Morgan Stanley analyst Chris Snyder maintained 3M with an Equal-Weight rating and raised the price target from $160 to $165.
- Wells Fargo analyst Joe O’Dea maintained the stock with an Overweight rating and lowered the price target from $183 to $175.
- RBC Capital analyst Deane Dray maintained 3M with an Underperform rating and raised the price target from $131 to $136.
Considering buying MMM stock? Here’s what analysts think:

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