The latest long-term forecast predicts that the 3M stock price will reach $158 by the end of 2024 and then rise to $228 by the end of 2025. The stock price is expected to continue its upward trend, reaching $282 in 2026, $328 in 2027, $368 in 2028, $405 in 2029, $445 in 2030, $584 in 2035, $734 in 2040, and $894 in 2050. Based on this forecast, it is safe to say that MMM stock prices will experience steady growth in the coming years.
Long-Term 3M Stock Price Predictions
3M Stock Forecasts for 2024, 2025, 2026, 2027, 2030, 2040, and 2050 are available here. TradingView charts and technical analysis are used to forecast or predict the price of MMM stock. This price prediction was aided by expert advice and information from other sources.
| Year | Mid-Year | Year-End | Change,% |
| 2024 | $122 | $158 | +22.85% |
| 2025 | $212 | $228 | +77.28% |
| 2026 | $238 | $282 | +119.26% |
| 2027 | $305 | $328 | +155.03% |
| 2028 | $324 | $368 | +186.13% |
| 2029 | $386 | $405 | +214.90% |
| 2030 | $416 | $445 | +246% |
| 2035 | $557 | $584 | +354.08% |
| 2040 | $708 | $734 | +470.71% |
| 2050 | $876 | $894 | +595.12% |
MMM Stock Price Live Chart
3M Stock Forecast 2024
3M (NYSE:MMM) starting price in 2024 was $99.85. As of today, It was trading at $128.61, indicating a 28.80% increase in price since the beginning of the year. The predicted 3M price at the end of 2024 is $158, with a year-on-year growth rate of 58.23%. The increase in price from today to year-end is estimated to be 22.85%, and by mid-2024, we expect to see the price at $122.
3M Stock Price Prediction 2025
According to market projections, 3M stock price will reach $212 in the first half of 2025. Furthermore, by the end of the year, it is expected to increase by $16, closing at $228, signifying a remarkable 77.28% increase from the current price.
3M Stock Forecast 2026
Based on a financial forecast, MMM stock price is projected to commence at $228 in 2026, followed by a significant elevation to $238 within the first six months of the year, and conclude the year at $282, indicating an overall increase of 119.26% from the present stock price.
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MMM Stock Price Prediction 2027
According to the latest projections, 3M stock value is expected to increase significantly in the coming years. By 2027, the stock is predicted to start at $282, then experience a notable boost within the first six months of the year, soaring to $305. The upward trend is expected to continue, with the stock finishing the year at $328, representing a substantial 155.03% increase from its current value.
MMM Stock Price Forecast 2028
According to our analysis, 3M stock price is expected to start the year 2028 at a value of $328 and rise to $324 within the first six months of the year. By the end of 2028, it is predicted to reach $368, implying a growth rate of approximately 186.13% from its current value.
MMM Stock Forecast 2029
According to market analysts, 3M (NYSE: MMM) stock is predicted to experience significant growth over the next few years. It is estimated that by the start of 2029, the stock will be valued at $368. Over the first six months of the year, it is expected to soar to $386, reflecting a substantial increase in value. By the end of 2029, 3M stock is forecasted to reach $405, indicating an impressive 214.90% increase from its current value.
3M Stock Price Prediction 2030
According to the latest projections, it is believed that 3M stock price will start the year 2030 at $405. This is expected to be followed by a steady climb, with the stock reaching $416 within the first half of the year. The trend is expected to continue, and 3M stock is predicted to finish the year at $445. This represents a significant increase of about +246% from the current stock price, making it an attractive investment opportunity for those looking to invest in the company.
MMM Stock Price Prediction 2035
Based on a long-term analysis of (NYSE: MMM) stock, it is predicted that the value of 3M shares will rise significantly by the year 2035. Specifically, the price of 3M stock is expected to increase to $584, representing a gain of +354.08%. This prediction takes into account various market factors and trends that are expected to impact the performance of 3M stock over the next two decades.
MMM Stock Forecast 2040
According to a long-term forecast analysis, the price of MMM stock will significantly increase to $734 by 2040, representing a gain of over 470.71%. This positive trend is expected to continue in the years to come, resulting in a profitable opportunity for investors.
3M Stock Price Prediction 2050
Based on an analysis of the S&P 500 as the benchmark, it is predicted that the value of 3M stock will soar to $894, representing an exceptional increase of +595.12% by the year 2050. This forecast indicates a highly promising outlook for 3M Co. future growth and profitability and suggests that the company is well-positioned to continue its impressive performance in the long term.
Is 3M Company overvalued or undervalued?
3M (NYSE: MMM) is currently overvalued. The intrinsic value of one MMM stock is estimated to be 116.07 USD under the Base Case scenario, while the current market price is 128.61 USD, making it overvalued by 10.8%.
FAQs
3M (MMM) currently holds a Neutral consensus rating. This rating is based on the evaluation of 6 strong buy ratings, 2 buy ratings, 10 hold ratings, 0 sell ratings, and 2 strong sell ratings.
3M stock price is expected to increase by 214.90%, from $128.61 to $405, within the next five years.
3M stock price is expected to increase by 354.08%, from $128.61 to $584, within the next ten years.
Based on the current analysis, MMM stock would need to gain an extraordinary 296.30% to reach $500. According to the forecast, 3M stock will reach $500 by 2034.
Based on the current analysis, 3M stock would need to gain an extraordinary 684.40% to reach $1,000. According to the forecast, MMM stock will not reach $1,000 by 2050.
Based on the current analysis, MMM stock would need to gain an extraordinary 1,463.11% to reach $2,000. According to the forecast, MMM stock will not reach $2,000 by 2050.
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