What is the best trade option for 3M Co (MMM) stock?

3M Co [MMM] stock is trading at $149.87, up 1.54%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MMM shares have gain 3.31% over the last week, with a monthly amount glided 0.06%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

3M Co [NYSE: MMM] stock has seen the most recent analyst activity on January 22, 2025, when Wells Fargo upgraded its rating to a Overweight and also boosted its price target to $170 from $140. Previously, UBS upgraded its rating to Buy on November 13, 2024, and kept the price target unchanged to $184. On October 22, 2024, upgrade upgraded it’s rating to Buy. Morgan Stanley started tracking the stock assigning a Underweight rating and suggested a price target of $125 on September 06, 2024. Argus upgraded its rating to a Buy but $145 remained the price target by the analyst firm on July 30, 2024. Deutsche Bank upgraded its rating to Buy for this stock on July 29, 2024, and upped its price target to $150. In a note dated June 13, 2024, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $125.

3M Co [MMM] stock has fluctuated between $98.26 and $156.35 over the past year. Currently, Wall Street analysts expect the stock to reach $147.19 within the next 12 months. 3M Co [NYSE: MMM] shares were valued at $149.87 at the most recent close of the market. An investor can expect a potential drop of -1.79% based on the average MMM price forecast.

Analyzing the MMM fundamentals

3M Co [NYSE:MMM] reported sales of 24.51B for the trailing twelve months, which represents a drop of -25.60%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 1.03 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.15.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 148.49 points at the first support level, and at 147.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 150.77, and for the 2nd resistance point, it is at 151.67.

Ratios To Look Out For

For context, 3M Co’s Current Ratio is 1.66. As well, the Quick Ratio is 1.25, while the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 3.29, the price to book ratio is 18.07 and price to earnings (TTM) ratio is 18.93.

Transactions by insiders

Recent insider trading involved Banovetz John Patrick, Executive Vice President, that happened on May 23 ’25 when 7759.0 shares were sold. Officer, Banovetz John Patrick completed a deal on May 23 ’25 to buy 7759.0 shares. Meanwhile, EVP, Chief Legal Off & Secret Rhodes Kevin H sold 7976.0 shares on May 20 ’25.

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