Citi keeps USD 183.00 target for 3M stock, 10.69 percent above price

Published on 10/16/2026 at 15:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted sales reached USD 6.50 billion in the second quarter of 2026. 3M stock costs EUR 147.08 on October 16, 2026, 0.96 percent below the Xetra close.

Analyst target and upcoming results

On October 13, 2026, Citi held its Hold rating and USD 183.00 target for 3M.
Revenue for the quarter ending June 30, 2026 was USD 6.50 billion, versus USD 6.34 billion.
3M stock costs EUR 147.08 at Lang & Schwarz on October 16, 2026 at 3:09 p.m. CEST, 0.96 percent below the Xetra close of October 15, 2026, and 9.04 percent below the 52-week high.
3M will hold its third-quarter 2026 earnings conference call on October 20, 2026.

Isometrische 3D-Illustration einer industriellen Wertschöpfungskette, Prozessbezug zu 3M Company — Isometrische 3D-Grafik der Wertschöpfungskette veranschaulicht Produktionsprozesse von 3M Company, ISIN US88579Y1010, Industriekonzern, Illustration mit AI erstellt.

Citi maintained a Hold rating and a USD 183.00 price target for 3M in a report dated October 13, 2026, leaving the target 10.69 percent above the latest primary-market price of USD 165.33. According to The Globe and Mail, the analyst kept the Hold view and the USD 183.00 target. 3M stock was trading at EUR 147.08 at Lang & Schwarz on October 16, 2026 at 3:09 p.m. CEST, down 0.96 percent versus the Xetra close of October 15, 2026 at EUR 148.50.

Second-quarter sales reached USD 6.50 billion

The latest operating comparison points to higher sales and profit. For the quarter ending June 30, 2026, 3M reported revenue of USD 6.50 billion, versus USD 6.34 billion in the year-ago quarter, while net profit increased to USD 933 million from USD 723 million. The figures were carried by 3M and the dated financial summary published by The Globe and Mail.

Price sits 9.04 percent below its high

The euro quote remains EUR 14.62 below the 52-week high of EUR 161.70 and stands EUR 26.52 above the 52-week low of EUR 120.56. The 52-week range and the current Xetra-listed quote are both shown in euros, keeping the comparison within the same market currency. The primary-market price was last at USD 165.33 on October 15, 2026 at 4:02 p.m. ET.

Valuation and October 20 results

3M's market capitalization is EUR 75.7 billion, with a price-to-earnings ratio of 29.37 and a dividend yield of 2.00 percent. The company will hold its third-quarter 2026 earnings conference call on October 20, 2026, at 8:00 a.m. CT, according to 3M.

Comparison with peers

3M: minus 0.96 percent, P/E 29.37, market capitalization EUR 75.7 billion.
Honeywell (NYSE, USD): plus 1.39 percent, P/E 8.17, market capitalization USD 66.7 billion.
Emerson (NYSE, USD): plus 0.66 percent, P/E 35.48, market capitalization USD 90.4 billion.

What the price shows

The current euro quote is 9.04 percent below the 52-week high and 21.99 percent above the 52-week low. The next scheduled company date is October 20, 2026, while the latest analyst target remains USD 183.00. The combination gives investors two dated reference points: the upcoming results and the spread between the current primary-market price and Citi's target.

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