3M Company (MMM) fair value analysis
S&P 500 · Updated 2026-10-19
MMM price how computed
Forward Fair Value verdict
OvervaluedMMM is trading at more than a 25% premium to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $159.96
- Sector
- Industrials
- 12-month range
- $141.20–$183.78
- Market cap
- $82.5B
- From 52-week high
- -13.0%
- Shares outstanding
- 516M
- Rank in Industrials by discount to fair value
- #91 of 106
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
3M Company manufactures a broad range of industrial products including adhesives, abrasives, laminates, and protective equipment, along with consumer goods and healthcare solutions. The company operates globally with a significant presence in North America, Europe, Asia, and other international markets.
MMM currently ranks #91 of 106 Industrials stocks by discount to fair value. It has screened as Overvalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $82.5B
- P/E (trailing)
- 19x
- Revenue (TTM)
- $25.2B
- Net margin
- 11.9%
- EPS (TTM)
- $8.56
- Gross margin
- 41.3%
- Debt / equity
- 4.25
- Revenue growth (3-yr avg)
- -7.3%
- Shares outstanding
- 516M
Derived indicators how computed
- Quality grade
- D
- Margin trend
- Contracting
- 52-week position
- The lower-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 52 · neutral
- 50-day average
- $170.29
- 200-day average
- $160.71
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $3.07 per share (4 payments)
- Yield on last price
- 1.92%
- Consecutive years of increases
- 0 (no streak on complete calendar years)
- Last ex-dividend date
- 2026-08-24
- Last payment date
- 2026-09-11
Earnings how computed
- Last 8 quarters vs consensus
- 8 beat, 0 missed
- Quarter by quarter
- 2026-06 ▲ beat (+5.7%)
2026-03 ▲ beat (+8.1%)
2025-12 ▲ beat (+1.7%)
2025-09 ▲ beat (+5.8%)
2025-06 ▲ beat (+7.5%)
2025-03 ▲ beat (+6.2%)
2024-12 ▲ beat (+9.1%)
2024-09 ▲ beat (+4.2%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 9 buy · 8 hold · 2 sell (19 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $186
- Target vs last price
- +16.3%
What our data shows for MMM
- Our model validated 17 trailing price-to-earnings windows for MMM, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $141.20–$183.78.
- The 14-day relative strength index sits at a neutral 52.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for MMM
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent MMM news
TickrTrends' derived news-sentiment signal for MMM is currently leaning positive, computed from recent coverage.
- 3M (MMM) Expands AWS Partnership to Boost Optical Networking and U.S. Job Creation (gurufocus.com, 2026-10-21)
TickrTrends take: 3M's expansion of its AWS partnership signals ongoing investment in optical networking capabilities, which could support revenue diversification within its Industrial segment. With TickrTrends currently assessing MMM as overvalued, investors should monitor whether this partnership generates sufficient margin expansion or new revenue streams to justify the current valuation multiple. The emphasis on U.S. job creation may indicate capital intensity in the near term, making it important to track how the company converts this infrastructure investment into operating leverage over time. - 3M (MMM) Reports Strong Q3 Growth, Raises Earnings Outlook Amid Dividend Sustainability Focus (gurufocus.com, 2026-10-20)
TickrTrends take: 3M reported strong Q3 growth and raised its earnings outlook, which typically supports higher valuations, yet TickrTrends currently assesses the stock as overvalued in the Industrials sector. This divergence suggests that the company's improved earnings trajectory may already be priced into the current share price, leaving limited upside potential relative to valuation multiples. Investors focused on valuation metrics should monitor whether future quarterly results can justify the premium already reflected in the stock's valuation. - Q3 2026 3M Company Earnings Call Transcript (gurufocus.com, 2026-10-20)
TickrTrends take: # 3M Company Valuation Context 3M Company's Q3 2026 earnings results warrant scrutiny given TickrTrends' current assessment that the stock trades at an overvalued level within the Industrials sector. Investors focused on valuation metrics should examine whether the company's earnings performance and forward guidance support the current market price or suggest further downside risk. The transcript provides an opportunity to assess management commentary on margin trends, capital allocation, and organic growth prospects that could influence whether the overvaluation thesis strengthens or begins to correct.
More MMM news
- 3M raises 2026 EPS guidance to $9.10-$9.15 while outlining $6B Amazon-linked data center sales milestones (NYSE:MMM) (seekingalpha.com, 2026-10-20)
- 3M (MMM) to Challenge A$2 Billion PFAS Lawsuit Filed by Australian Government (gurufocus.com, 2026-10-16)
- Solventum (SOLV) Seeks Bids for Health Information Systems Unit Amid Market Uncertainty (gurufocus.com, 2026-10-12)
- 3M Stock Has a 17x Forward P/E. Is it too Cheap to Ignore? (insidermonkey.com, 2026-10-04)
- What Was Behind Bernstein’s 3M Upgrade, And Why It Isn’t a Buy? (insidermonkey.com, 2026-10-01)
What people are saying
Follow the MMM conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — MMM's relative strength index moved out of oversold territory into neutral zone this week, suggesting a shift in momentum dynamics for the industrial company. The stock remains classified as overvalued according to TickrTrends' current valuation assessment. This combination of improving technical momentum paired with elevated valuation levels presents a mixed technical picture for the week.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is MMM stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), MMM is trading at more than a 25% premium to estimated fair value and screens as overvalued. The exact fair value and discount are available to subscribers.
What is MMM's TickrTrends verdict?
MMM's current verdict is Overvalued, refreshed with every weekly Forward Fair Value run.
How does MMM compare to other Industrials stocks?
MMM ranks #91 of 106 Industrials stocks in TickrTrends' coverage by discount to fair value.
Is MMM overbought or oversold?
MMM's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does MMM pay a dividend?
Yes. MMM paid $3.07 per share over the last twelve months (4 payments), a 1.92% yield on TickrTrends' last price. The last ex-dividend date was 2026-08-24.
Does MMM usually beat earnings estimates?
Over its last 8 reported quarters MMM beat the consensus estimate 8 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about MMM?
Of 19 analysts covering MMM, 9 rate it a buy, 8 a hold and 2 a sell - hold-leaning, with a consensus price target of $186 (+16.3% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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Head-to-head comparisons
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