3M stock price tumbles on 2026 profit outlook, tariffs back in focus
New York, Jan 20, 2026, 13:40 EST — Regular session
- 3M shares dropped roughly 7% following a slightly weaker-than-expected adjusted profit forecast for 2026.
- The company warned of a possible extra impact from planned U.S. tariffs targeting European products.
- Investors are balancing tariff concerns with indications that 3M’s margin efforts remain steady.
3M shares dropped 7.4% to $155.30 in early afternoon Tuesday, following the company’s 2026 profit forecast that fell just short of Wall Street’s estimates.
The shortfall was small, but the timing couldn’t be worse. Traders want to see clear evidence that 3M’s turnaround can push ahead despite uneven consumer demand and the return of tariff risks…
