3M stock trades at USD 168.95 while Bernstein lifts target to USD 171

Published on 09/25/2026 at 16:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 2026 brought adjusted EPS of USD 2.40 and sales of USD 6.5 billion, per 3M's July 21 release. Market cap was USD 87.13 billion on September 25, 2026.

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3M stock (ISIN US88579Y1010) was trading at USD 168.95 on the NYSE on September 25, 2026, up 0.85 percent from the previous close. Investing.com reported the same day that Bernstein upgraded 3M from Underperform to Market Perform and lifted its price target from USD 145 to USD 171.

Bernstein raises the target

The new target lies 1.21 percent above the NYSE price of USD 168.95. Bernstein cited structural improvements in 3M's research and development operations, including a portfolio approach to product commercialization and tighter capital allocation.

The rating change is the clearest fresh company-specific signal for the stock. The revised target also sits below the 52-week high of USD 184.90, leaving the chart's resistance levels relevant to the market's next assessment.

Q2 sales reached USD 6.5 billion

For Q2 2026, ended June 30, 3M reported adjusted sales of USD 6.5 billion, adjusted EPS of USD 2.40 and adjusted free cash flow of USD 1.3 billion, according to the 3M investor-relations page. Adjusted EPS exceeded the USD 2.25 consensus cited in the company's latest results coverage by USD 0.15.

The comparison matters because the financial result and the analyst upgrade point in the same direction, but the share price still sits 8.62 percent below its 52-week high. The gap keeps the valuation debate tied to execution rather than to a new record price.

Chart resistance starts at USD 170

Reuters wrote on September 25, 2026, that USD 170 is a key resistance level for 3M, while USD 162 and the September 14 low of USD 160.27 mark downside chart levels. Reuters also identified USD 184 to USD 185 as the next resistance zone above USD 170.

At 10:45 a.m. ET, the stock was USD 1.05 below the USD 170 level. The daily move was positive, but its size remained below the 1 percent threshold that would indicate a broader one-session repricing.

3M stock trades below its yearly high

3M stock was trading at USD 168.95 on the NYSE on September 25, 2026, with a market capitalization of USD 87.13 billion and volume of 473,405 shares. The 52-week range was USD 139.34 to USD 184.90, placing the price 21.24 percent above the low and 8.62 percent below the high.