3M stock faces October 20 earnings after Q2 EPS beat

Published on 10/06/2026 at 17:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

3M stock was trading at USD 163.57 on October 6, 2026, while Q2 adjusted EPS reached USD 2.40 against USD 2.25 consensus. Revenue rose 2.5 percent to USD 6.50 billion.

Aquarellmalerei der Saint-Paul-Skyline am Mississippi River, Standortbezug zu 3M Company — Aquarell zeigt Skyline von Saint Paul, Heimatstadt von 3M Company, ISIN US88579Y1010, am Fluss, Illustration mit AI erstellt.

3M (ISIN US88579Y1010) was trading at USD 163.57 on the NYSE on October 6, 2026 at 11:25 a.m. ET, up 0.24 percent from USD 163.19. 3M announced on October 6, 2026 that its third-quarter earnings conference call will take place on October 20, 2026.

October 20 sets the next checkpoint

The company said the call will begin at 8:00 a.m. CT and will be webcast live, with a replay available through its investor relations website. The date gives investors a defined checkpoint for testing whether the Q2 earnings improvement is continuing into the second half.

Q2 EPS beat supports guidance

According to 3M, adjusted earnings per share reached USD 2.40 in Q2 2026, compared with USD 2.25 consensus, while adjusted sales totaled USD 6.5 billion. Revenue increased 2.5 percent year over year, and the company raised fiscal 2026 adjusted EPS guidance to USD 8.80-8.95.

The same Q2 presentation lists adjusted operating margin of 24.9 percent and adjusted free cash flow of USD 1.3 billion. These figures put the October earnings call in a more demanding position: another earnings beat would need to show that margin progress and cash generation are holding after the guidance increase.

Analysts see value above the quote

According to MarketBeat on October 6, 2026, 15 analysts give 3M a consensus Hold rating, with seven Buy, seven Hold and one Sell recommendation. The average 12-month price target is USD 181.36, which lies 10.9 percent above the USD 163.57 quote.

Valuation remains tied to execution and litigation costs. Yahoo Finance reported that PFAS-related settlements could reach USD 12.5 billion and Combat Arms earplug claims could reach USD 6 billion, keeping legal liabilities central to the investment case.

3M stock remains below its yearly high

3M stock was last at USD 163.57 on the NYSE on October 6, 2026 at 11:25 a.m. ET, 11.5 percent below its 52-week high of USD 184.90. Market capitalization stood at USD 84.4 billion and volume reached 527,919 shares.