Bernstein raises target for 3M stock from USD 145.00 to USD 171.00
Published on 10/05/2026 at 11:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
3M (ISIN US88579Y1010) was trading at EUR 144.15 at Lang & Schwarz on October 5, 2026, at 11:41 a.m. CEST. On September 25, 2026, Bernstein upgraded 3M from Underperform to Market Perform and raised its price target from USD 145.00 to USD 171.00, according to Investing.com.
Bernstein sees a stronger innovation engine
The analyst action followed a reassessment of 3M's research and development organization. Bernstein cited structural improvements in product commercialization and lifted its long-term organic growth assumption from 3.00 percent to a range of 3.50 percent to 4.00 percent, according to the September 25 report.
The new target remains a measured signal rather than a broad call to buy. The rating moved only to Market Perform, while the target change of USD 26.00 indicates a materially less negative view of 3M's innovation pipeline.
Second-quarter sales reached USD 6.5 billion
3M's latest reported period was the second quarter of 2026, ended June 30. Its investor-relations page lists adjusted sales of USD 6.5 billion, adjusted earnings per share of USD 2.40 and adjusted free cash flow of USD 1.3 billion, with the figures tied to the July 21, 2026 earnings release, 3M Investor Relations shows.
The company also reported GAAP sales of USD 6.5 billion, up 2.40 percent year over year, and GAAP earnings per share of USD 1.78 for the same quarter. That combination gives investors a clear comparison point: sales growth was positive, while the operating margin listed for the period was 15.10 percent.
Euro quote stays close to the prior close
At Lang & Schwarz, 3M was trading at EUR 144.15 on October 5, 2026, at 11:41 a.m. CEST. The price was up EUR 0.02, or plus 0.01 percent, versus the EUR 144.13 prior close dated October 2, 2026.
On the NYSE, the finance quote showed MMM at USD 161.89 on October 2, 2026, at 4:02 p.m. EDT. The same primary-exchange quote showed a 52-week range of USD 139.34 to USD 184.90 and a market capitalization of USD 83.5 billion as of that quote.
The further course of trading is shown by the continuously updated real-time quote of 3M stock.
3M stock key figures
- Company: 3M Company
- ISIN: US88579Y1010
- Ticker: MMM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 5, 2026, 11:41 a.m. CEST): EUR 144.15
- Change versus prior close: plus 0.01 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 144.13
- Market capitalization: USD 83.5 billion (as of October 2, 2026)
- 52-week range: USD 139.34-184.90 (as of October 2, 2026)
- Sector / Industry: Industrials / Conglomerates
- Index membership: S&P 500
