Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)50% (Hyper Growth)
EST. PRICE IN 2031
$221.57
Based on 6.4% avg growth
INTRINSIC VALUE TODAY
$137.57
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 17.2x Exit PE.
Valuation Analysis: MMM is currently trading at $145.12, which is considered fair relative to its 30-day fair value range of $143.33 to $150.35. From a valuation perspective, the stock is trading at a discount (Forward PE: 15.3) compared to its historical average (17.2). Remarkably, the market is currently pricing in an annual earnings decline of 3.6% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, MMM is in a strong downtrend. The price is currently testing key support at $141.39. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock shows a mixed technical setup (45/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $175.03 (+20.6%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$143.33 -
$150.35
Company Quality Score
63/100
(BUY)
Volume Confirmation
HIGH
Confidence Score
72.4%
All Signals
NEUTRAL: Price in fair range
NEUTRAL: Mixed technical signals (45/100)
BULLISH: High volume confirmation
BULLISH: Trading 20.6% below Wall St target ($175.03)
Trading Range Analysis
30-Day Trading Range
$143.33 -
$150.35
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level$141.39
Resistance Level$149.76
Current TrendStrong Downtrend
Technical data as of
May 14, 2026
Fundamental Context
Forward P/E (Next Year Est.)15.35
Wall Street Target
$175.03
(+20.6%)
Revenue Growth (YoY)1.3%
Earnings Growth (YoY)-39.7%
Profit Margin11.1%
Valuation Discount vs History
-3.6% cheaper
PE vs Historical
15.4 vs 17.2
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):-3.6%
(market-implied from PE analysis)
1-Year Target
$139.90
(-4%)
2-Year Target
$134.86
(-7%)
3-Year Target
$130.00
(-10%)
3-Yr Target (if PE normalizes)
(PE: 15→17)
$145.65
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 22.0, Growth: 8.8%)
$268.03
(+85%)
Base:
(SPY PE: 15.4, Growth: 8.8%)
$186.71
(+29%)
Bear:
(PE: 13.0, Growth: 8.8%)
$158.70
(+9%)
📈Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (28x PE), but valuation improves significantly next year (15x PE) as earnings recover.
Trailing PE: 28.34 | Current EPS (TTM): $5.19
Bull Case
$294.70
(+103%)
Analyst growth 82.1%, PE expands to 31.2
Base Case
$267.91
(+85%)
Market implied 82.1%, PE stable at 28.3
Bear Case
$100.03
(-31%)
Severe decline -20.0%, PE contracts to 24.1
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 15.4 to 17.2
Stabilization Target:
$162.58
(+12.0%)
PE Expansion Potential:
+12.0%
Share & Embed Analysis
Found this analysis useful? Share it with your community or embed the live chart on your blog.
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.