3M Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

3M Company (NYSE:MMM) will release earnings for its third quarter before the opening bell on Tuesday, Oct. 20. Analysts expect the Saint Paul, Minnesota-based company to report quarterly earnings of $2.39 per share, up from $2.19 per share in the year-ago period. The consensus estimate for MMM’s quarterly revenue is $6.61 billion. It reported $6.32 billion last year, according to Benzinga Pro. On July 21, 3M reported better-than-expected third-quarter financial results and raised its FY26 adjusted EPS guidance above estimates. 3M shares gained 0.6% to trade at $163.79 on Wednesday. Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period. JP Morgan analyst Chigusa Katoku maintained an Overweight rating and cut the price target from $205 to $185 on Oct. 9, 2026. This analyst has an accuracy rate of 53%. Wells Fargo analyst Stephen Tusa initiated coverage on the stock with an Equal-Weight rating and a price target of $195 on Sept. 25, 2026. This analyst has an accuracy rate of 71%. Mizuho analyst Brett Linzey maintained a Neutral rating and raised the price target from $160 to $180 on July 23, 2026. This analyst has an accuracy rate of 71%. UBS analyst Amit Mehrotra maintained a Buy rating and raised the price target from $190 to $218 on July 22, 2026. This analyst has an accuracy rate of 76%. Citigroup analyst Andrew Kaplowitz maintained the stock with a Neutral rating and increased the price target from $166 to $183 on July 22, 2026. This analyst has an accuracy rate of 80%. Considering buying MMM stock? Here’s what analysts think: Photo via Shutterstock