3M raises profit outlook while 3M stock sits 3.01 percent below its high

Published on 10/23/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EPS guidance rises to USD 9.10-9.15 for 2026. 3M stock costs EUR 156.83 on October 23, 2026, 0.63 percent above the Xetra close.

Operating results and valuation

3M raised its 2026 adjusted earnings guidance to USD 9.10-9.15 on October 20, 2026.
Third-quarter adjusted operating margin reached 26.20 percent, while adjusted earnings per share rose to USD 2.50.
3M stock traded at EUR 156.83 at 10:34 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.63 percent above the Xetra close of October 22, 2026.

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3M (ISIN US88579Y1010) was trading at EUR 156.83 at Lang & Schwarz on October 23, 2026 at 10:34 a.m. CEST, 0.63 percent above the Xetra close of October 22, 2026 at EUR 155.85. On October 20, 2026, 3M Company raised its full-year adjusted earnings per share guidance to USD 9.10-9.15.

Quarterly margins set the tone

For the third quarter of 2026, 3M reported sales of USD 6.60 billion, up 1.00 percent from the year-earlier period. Adjusted sales increased 4.20 percent, including adjusted organic growth of 3.30 percent, according to the October 20 release.

The adjusted operating margin reached 26.20 percent in the third quarter of 2026, up 110 basis points year over year. Adjusted earnings per share rose 12.00 percent to USD 2.50, while GAAP earnings per share reached USD 2.63, up 70.00 percent.

What supports the higher outlook?

The answer is a wider margin cushion and cash generation. 3M reported USD 1.20 billion in adjusted free cash flow for the third quarter of 2026 and guided to adjusted free cash flow of USD 4.80 billion for full-year 2026. CNBC reported that the new adjusted earnings range rose from USD 8.80-8.95.

The comparison with expectations was mixed. Morningstar reported adjusted earnings of USD 2.50 per share against a USD 2.38 consensus estimate, while net sales of USD 6.58 billion were below the USD 6.61 billion estimate.

Stock stays below its yearly high

The euro quote is EUR 4.87 below the 52-week high of EUR 161.70, a 3.01 percent gap, while the 52-week low is EUR 120.56. The market picture therefore combines a fresh earnings upgrade with a valuation level close to the upper end of the quoted yearly range.

At Lang & Schwarz, 3M stock was trading at EUR 156.83 on October 23, 2026 at 10:34 a.m. CEST, 0.63 percent above the Xetra close of October 22, 2026 at EUR 155.85. The further course of trading is shown by the continuously updated real-time quote of 3M stock.