3M Is Running 3.6% Higher Ahead of Earnings. Has This Former Dividend King Reignited Its Growth Story?

2 weeks ago 11

Rich Duprey

Fri, April 17, 2026 astatine 12:25 PM CDT 5 min read

  • 3M (MMM) reported Q4 2025 adjusted EPS of $1.83, beating estimates by 2.23%, with gross of $6.13B up 2.05% year-over-year and adjusted operating borderline expanding 140 ground points to 21.1%, portion completing its exit from manufactured PFAS products that had weighed connected results.

  • 3M’s Q1 net volition trial whether the company’s translation is durable arsenic tariff vulnerability of $0.20 per stock could unit margins, though the company’s innovation pipeline is accelerating with 284 caller products launched successful 2025 and absorption targeting 350 launches successful 2026.

  • The expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks. Get them present FREE.

3M (NYSE: MMM) reports Q1 2026 net connected April 21 earlier the marketplace opens. After losing its Dividend King presumption successful 2024 and navigating a volatile commencement to 2026, this people is simply a existent trial of whether the translation is durable.

3M had been 1 of the market's amended betterment stories heading into this year. Shares gained 17.55% implicit the past 12 months, comfortably outpacing the broader market. But 2026 opened with turbulence. The banal is down 5.54% year-to-date aft a crisp February pullback, though it has since recovered crushed and trades adjacent $156.

The Q4 2025 study acceptable a coagulated foundation. Adjusted EPS came successful astatine $1.83, beating the $1.79 estimation by 2.23%. Revenue of $6.13 cardinal bushed estimates by 12.67% and grew 2.05% year-over-year. Adjusted operating borderline expanded 140 ground points to 21.1%. The GAAP representation was messier, with $185 cardinal successful PFAS litigation charges and $235 cardinal successful PFAS merchandise exit charges weighing connected reported results. Critically, 3M completed its exit from manufactured PFAS products by year-end 2025, a meaningful overhang that is present down them. CEO William Brown sounded assured heading into 2026: "Our accelerated gait of innovation and commercialized execution positions america to outperform the macro situation again successful 2026."

READ: The expert who called NVIDIA successful 2010 just named his apical 10 AI stocks

Metric

Q1 2025 Actual

Q1 2026 Estimate

FY2025 Actual

FY2026 Guidance Midpoint

Adjusted EPS

$1.88

~$2.08

$8.06

$8.60

Revenue

$5.954B

~$6.10B

$24.948B

~4% maturation guided

The biggest adaptable heading into this people is tariff exposure. In Q1 2025, absorption flagged a $0.20 to $0.40 per stock sensitivity from tariffs. That hazard is unrecorded again successful Q1 2026, and the commercialized situation has intensified since then. Management built a $0.20 EPS carryover interaction into 2026 guidance, mostly weighted to the archetypal half. Whether that estimation holds oregon gets revised upward volition beryllium a cardinal awesome from management.

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