3M stock gains on higher analyst targets after Q2

Published on 09/19/2026 at 12:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

3M stock drew higher targets on September 18, 2026, with Goldman Sachs citing US$202 and UBS US$218. Q2 2026 sales were US$6.5 billion and EPS rose to US$1.78.

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3M stock (ISIN US88579Y1010) traded at US$163.82 on September 18, 2026, after a 0.5 percent intraday decline, with 596,620 shares changing hands in New York by 4:28 p.m. The stock was also 12.83 percent below its 52-week high of US$184.84 and 14.91 percent above its 52-week low of US$139.40.

Analysts lifted targets

As Yahoo Finance reported on September 18, 2026, Goldman Sachs pointed to Q2 segment EBIT that was 3 percent above consensus and organic growth of 5.4 percent to support a US$202 price target. The same report said UBS raised its target to US$218, Wolfe Research to US$201, and Deutsche Bank kept a Hold rating with a US$192 target.

The revisions also reached the more cautious side of the Street. According to Yahoo Finance on September 18, 2026, RBC Capital kept an Underperform rating with a US$132 target and Bernstein also stayed at Underperform with a US$145 target.

Q2 sales and EPS

3M Company reported Q2 2026 net sales of US$6.5 billion, up from US$6.344 billion a year earlier, and diluted EPS of US$1.78 versus US$1.34 in Q2 2025, according to Stock Titan. Operating income fell to US$984 million from US$1.14 billion, while first-half operating cash flow improved to US$1.56 billion from a use of US$1.033 billion.

The quarter also showed how uneven the mix remains. Safety and Industrial contributed US$3.091 billion in sales, Transportation and Electronics US$2.066 billion and Consumer US$1.247 billion, while 3M and Bain Capital completed the US$1.95 billion Madison Fire and Rescue acquisition in July 2026, according to Stock Titan.

October is next

According to finanzen.ch on September 18, 2026, 3M is expected to present Q3 2026 results on October 27, 2026, while experts in the same report estimate full-year 2026 EPS at US$8.95. For investors, the key tension is clear: the stock already trades close to the middle of its yearly range, but the latest analyst work assumes the Q2 recovery can hold into the next report.