economy

January 15, 2026

3M heads into earnings exemplifying market shift to value, with plenty of room to rally

The maker of Post-it Notes and protective healthcare gear and masks has been on a slow and steady rise going back to its 2023 lows.

3M heads into earnings exemplifying market shift to value, with plenty of room to rally

TL;DR

  • 3M stock has risen 23.5% over the last 52 weeks and is approaching a key resistance level at $172.
  • The upcoming fourth-quarter earnings report is a potential catalyst for a breakout, with historical data showing an average post-earnings gain of 8.3% in seven out of the last ten reports.
  • Technical indicators, including a MACD buy signal and an RSI downtrend break, suggest bullish momentum.
  • Short-term price targets are $190, with a longer-term realistic target of $210, potentially reaching 2021 levels.
  • Key support levels to watch are $160 and the 200-day moving average at $154.
  • Long-term analysis shows a broken eight-year downtrend from 2017 highs, with potential for a run back to all-time highs within 12-18 months.
  • The stock is seen as emblematic of a rotation towards value over growth in early 2026.

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