3M Raises 2025 Guidance, Shares Surge

3M reported third-quarter results that beat expectations, with adjusted sales of about $6.3–6.52 billion and adjusted EPS of $2.19, and raised 2025 adjusted EPS guidance to $7.95–$8.05. The company now targets more than 2% organic sales growth and widened adjusted operating margin to roughly 24.7%, while cash flow improved and it continued dividends and aggressive buybacks supporting capital returns. China was a clear growth driver and roughly 56% of revenue is generated outside the U.S., exposing 3M to geopolitical frictions. Shares jumped to multi‑year highs on the news (one‑day gain ~7.7%) as some analysts lifted targets and ratings while others, including RBC, remained cautious. Management credited its “3M Excellence” turnaround, but the unresolved, potentially multibillion‑dollar PFAS litigation remains a material overhang on valuation.