Parkev Tatevosian, CFAPublished 2026-09-01
“Should Passive Income Investors Buy 3M Stock Right Now? | MMM Stock Analysis”
$MMMNo side taken
3M's buying opportunity has passed due to rich valuation ($180 vs $147 fair value); suitable for long-term holding but low priority for new buys.
3M entered a strategic data center partnership with Microsoft to deploy its patented expanded beam optical technology in data centers. The technology reduces circuit installation time by 85% and of course anything related to data centers is booming.
That being said, it's important for investors not to get too excited about this because it's still a relatively small part of 3M's business. Even based on the strong first half performance for 3M in 2026, the management team is forecasting revenue growth organic revenue growth of greater than 3 and 1/2%