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3M stock rises after beating Q3 earnings expectations and expanding AI data center deal with Amazon.

Company Fundamentals
20 Oct 2026
Barrons
View Source
Bullish
3M stock rises after beating Q3 earnings expectations and expanding AI data center deal with Amazon.

3M reported third-quarter earnings per share of $2.50 on sales of $6.6 billion, surpassing Wall Street expectations of $2.38 per share. This marks an improvement from last year's $2.19 per share on $6.2 billion sales. The company is now positioning itself as a player in AI data centers, boosted by an expanded deal with Amazon. This strategic move has positively influenced investor sentiment and lifted 3M's stock performance in 2024.

3M Company shares trade at USD 163.80 on Pluang as of Oct 20, 2026 18:41 WIB, up 1.06% for the day. The stock's market cap stands at $83.55 billion with a dividend yield of 1.93%. Meanwhile, Amazon shares are priced at USD 261.80, down 0.25% on the same platform and time, showing contrasting investor moves in these linked companies.

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