3M Stock Surges After Beating Q2 Earnings Estimates
3M stock (ISIN US88579Y1010) has seen an increase in price following the release of its July results. On September 10, 2026, the stock closed at USD 162.86 on the NYSE, while analysts tracked by MarketBeat put the consensus target at USD 177.21 on September 12, 2026.
The company reported earnings per share (EPS) of USD 2.40 for the quarter, exceeding the consensus estimate of USD 2.25 by USD 0.15. Revenue came in at USD 6.50 billion versus USD 6.40 billion expected, and the company's net margin was 11.90 percent.
The same report says revenue rose 2.5 percent year over year, from EPS of USD 2.16 in the prior-year quarter. Goldman Sachs lifted its target on 3M to USD 202 from USD 190, while UBS raised its target to USD 218 from USD 190.