3M Stock Surges Nearly 20% in 2025 to Reach Two-Year Peak on Robust Earnings and Updated Guidance
In 2025, 3M's shares climbed dramatically following impressive quarterly earnings and an optimistic full-year forecast under CEO William Brown’s leadership, driving strong market momentum.
Bill McColl brings over 25 years of expertise as a seasoned producer and writer across TV, radio, and digital platforms, leading teams in delivering impactful news coverage of major events.
Key Highlights
- 3M’s stock surged nearly 20% after surpassing profit and revenue expectations in Q2, with CEO William Brown steering renewed growth strategies.
- The company’s rebound follows the resolution of significant class-action lawsuits and the strategic spin-off of its Solventum healthcare division.
- This rally contributed to a midday 700-point boost in the Dow Jones Industrial Average on Friday.
On Friday, shares of 3M (ticker: MMM) experienced a substantial jump after the industrial giant reported second-quarter results that exceeded Wall Street forecasts and raised its full-year earnings outlook.
Known for iconic products such as Post-it Notes and Scotch tape, 3M posted adjusted earnings per share of $1.93 and revenue of $6.26 billion, marking a 1.2% increase in organic sales.
Since assuming the CEO role on May 1, William Brown has emphasized priorities including sustained organic revenue growth, enhanced operational efficiency, and strategic capital allocation.
The company updated its full-year adjusted EPS guidance to a range of $7.00 to $7.30, an upward revision from the previous $6.80 to $7.30 estimate.
Dow Industrials Boosted by 3M’s Share Rally
In 2023, 3M resolved major legal challenges with settlements totaling $16.3 billion related to “forever chemicals” and military earplug claims. It also completed the spin-off of its Solventum (SOLV) healthcare segment this year.
Following Brown’s appointment, Bank of America upgraded 3M’s stock, highlighting confidence in the company’s renewed focus on growth and operational excellence post-settlements and restructuring.
Trading at $123.98 mid-Friday, 3M’s shares reached their highest level since August 2022, fueling a significant 700-point gain in the Dow Jones Industrial Average.
Discover the latest news and current events in Company News as of 08-05-2024. The article titled " 3M Stock Surges Nearly 20% in 2025 to Reach Two-Year Peak on Robust Earnings and Updated Guidance " provides you with the most relevant and reliable information in the Company News field. Each news piece is thoroughly analyzed to deliver valuable insights to our readers.
The information in " 3M Stock Surges Nearly 20% in 2025 to Reach Two-Year Peak on Robust Earnings and Updated Guidance " helps you make better-informed decisions within the Company News category. Our news articles are continuously updated and adhere to journalistic standards.