3M MMM Stock Price Holds $152 as Litigation Costs Weigh, Analysts Target $167
3M Company (NYSE:MMM) Stock Analysis – Earnings, Legal Costs, and Turnaround Prospects
Earnings Strength but GAAP Headwinds Remain
3M Company (NYSE:MMM) posted Q2 2025 adjusted earnings per share of $2.16, comfortably ahead of the $2.01 consensus, while revenue rose 1.4% year-over-year to $6.16 billion, narrowly topping estimates of $6.09 billion. On the surface, these results looked solid, with a net margin of 16.01% and return on equity reaching an extraordinary 96.48%, driven by operational efficiencies. However, GAAP results told a different story, with a 38% drop in earnings per share due to litigation payments totaling $2.2 billion tied to water contamination and earplug settlements. This led to a negative operating cash flow…
