MMM Earnings: 3M Stock Rallies on Strong Q2 Beats

Business Insider

19-07-2025

3M (MMM) stock rallied on Friday after the technology company posted its Q2 2025 earnings report. This report began with adjusted earnings per share of $2.16, which beat Wall Street's estimate of $2.01. It was also a 12% increase year over year from $1.93.
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Revenue reported by 3M in Q2 2025 was $6.3 billion, another beat compared to analysts' estimate of $6.12 billion. This was also up 1.4% year over year. With that came a 0.6% increase in organic sales.
3M stock was up 4.22% in pre-market trading on Friday, following a 0.94% rally yesterday. This extended the company's 24.42% year-to-date increase and 53.04% gain over the past 12 months.
3M Guidance
3M updated its guidance for 2025 in its latest earnings report. The company now expects adjusted EPS to range from $7.75 to $8, alongside adjusted total sales growth of roughly 2.5%. Wall Street expects adjusted EPS of $7.67 and revenue of $24.01 billion for 2025.
The 3M guidance update also included organic sales growth of 2% and adjusted operating cash flow of $5.1 to $5.5 billion. It noted this will contribute to greater than 100% adjusted free cash flow conversion.
3M Chairman and CEO William Brown said, 'With execution improving and solid results in the first half, we have confidence in our increased full-year EPS guidance, which now embeds the expected impact of tariffs.'
Is 3M Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts' consensus rating for 3M is Moderate Buy, based on six Buy, two Hold, and two Sell ratings over the past three months. With that comes an average MMM stock price target of $157.50, representing a potential 0.97% downside for the shares.