3M stock: JPMorgan cut its target for 3M stock to USD 185.00 from USD 205.00

Published on 10/19/2026 at 15:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

3M reports results on October 20, 2026 before the open. 3M stock costs EUR 146.23 on October 19, 2026, down 0.93 percent versus the Xetra close.

Analyst target and reporting date

On October 9, 2026, JPMorgan lowered its 3M target from USD 205.00 to USD 185.00.
3M's third-quarter results are scheduled for October 20, 2026, before the market opens.
3M stock costs EUR 146.23 at Lang & Schwarz on October 19, 2026 at 3:35 p.m. CEST, 0.93 percent below the Xetra close of October 16, 2026.
3M's price-to-earnings ratio is 29.16 on the NYSE quote.

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JPMorgan cut its 3M target from USD 205.00 to USD 185.00 on October 9, 2026, according to Markets Insider. The new target is 13.44 percent above the NYSE price of USD 163.08 on October 19, 2026. At Lang & Schwarz, 3M was trading at EUR 146.23 on October 19, 2026 at 3:35 p.m. CEST, down 0.93 percent versus the Xetra close of October 16, 2026 at EUR 147.60.

Results arrive on October 20

The next scheduled event is 3M's third-quarter 2026 earnings release before the market opens on October 20, 2026. 3M announced the related conference call for 8:00 a.m. CT on that date. The company reported adjusted sales of USD 6.50 billion and adjusted earnings per share of USD 2.40 for the second quarter of 2026 on its investor-relations page.

Price sits below the yearly high

The euro quote is 9.56 percent below its 52-week high of EUR 161.70 and 21.30 percent above its 52-week low of EUR 120.56. The primary NYSE quote was USD 163.08 at 9:46 a.m. ET on October 19, 2026. The euro price therefore sits nearer the upper end of its yearly range, while the US quote was down 1.01 percent in early trading.

Valuation and cash generation

3M's market capitalization was USD 84.1 billion on the NYSE quote dated October 19, 2026, with a price-to-earnings ratio of 29.16 and a dividend yield of 2.00 percent. For the second quarter of 2026, 3M also reported adjusted free cash flow of USD 1.30 billion, giving the upcoming report a direct cash-generation benchmark.

Comparison with peers

3M (NYSE, USD): minus 0.93 percent, P/E 29.16, market capitalization USD 84.1 billion.

Honeywell (NYSE, USD): minus 0.40 percent, P/E 8.17, market capitalization USD 66.7 billion.

Avery Dennison (NYSE, USD): minus 0.81 percent, P/E 19.07, market capitalization USD 13.2 billion.

Trading level and next date

The next session marker is October 20, 2026, when 3M is scheduled to report third-quarter results before the opening bell. The central market comparison remains the USD 185.00 JPMorgan target, which is 13.44 percent above the NYSE quote, while the euro quotation is 0.93 percent below its Xetra base.

The further course of trading is shown by the continuously updated real-time quote of 3M stock.