3M stock trades at EUR 148.40 as 2026 guidance holds

Published on 09/30/2026 at 14:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

3M stock delivered USD 6.50 billion in Q2 2026 revenue, up 2.50 percent year over year. Adjusted EPS reached USD 2.40 against USD 2.25 consensus.

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3M (ISIN US88579Y1010) was trading at EUR 148.40 at Lang & Schwarz on September 30, 2026, plus 0.13 percent versus the prior close of EUR 148.20. The latest reported quarter delivered USD 6.50 billion in revenue, with year-over-year growth of 2.50 percent.

Q2 sales reach USD 6.50 billion

According to 3M in its investor-relations materials, Q2 2026 ended June 30 with USD 6.50 billion in adjusted sales, USD 2.40 in adjusted earnings per share and USD 1.30 billion in adjusted free cash flow.

The sales figure marks a 2.50 percent year-over-year increase, while the adjusted EPS result gives investors a clearer measure of operating progress than the headline share price alone. Cash generation also reached a substantial level relative to quarterly sales, supporting 3M's capital-return profile.

Guidance stays at USD 8.80-8.95

MarketBeat reported that 3M's quarterly EPS of USD 2.40 exceeded the USD 2.25 consensus by USD 0.15, while revenue of USD 6.50 billion topped the USD 6.40 billion estimate.

The same report said 3M reaffirmed fiscal 2026 EPS guidance of USD 8.80-8.95. That range places execution and cash conversion at the center of the investment case, because the company must turn modest sales growth into the earnings outcome already embedded in its outlook.

Analyst target remains above market

MarketBeat reported a broader consensus rating of Hold and an average price target of USD 181.21 after Wells Fargo upgraded 3M to Hold. The target is materially above the latest NYSE reference price of USD 168.49 on September 29, 2026, but the neutral consensus shows that analysts continue to balance earnings delivery against valuation and execution risks.

3M stock trades at EUR 148.40

At Lang & Schwarz, 3M stock was trading at EUR 148.40 on September 30, 2026, at 2:37 p.m. CEST, up 0.13 percent versus the prior close of EUR 148.20 on September 29, 2026. The company had a market capitalization of USD 86.9 billion as of September 29, 2026, while its 52-week range was USD 139.34 to USD 184.90.