# 3M Stock Rises on Amazon Deal and Earnings Beat

> 3M stock jumps 6% after Amazon data center deal expands and earnings beat.
- Title: 3M Stock Rises on Amazon Deal and Earnings Beat | Shortify
- Summary: 3M stock jumps 6% after Amazon data center deal expands and earnings beat. 3M stock rose 6% to $171.91 after reporting better-than-expected quarterly…
- Keywords: amazon, data center, earnings, stock, corning, coherent, Rises, Deal, Beat, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/20/3m-jumps-6-on-expanded-amazon-data-center-deal-and-earnings-beat-coherent-edges-higher-corning-stays-flat
- Author: David Moadel
- Published: 2026-10-20T14:58:45+00:00
- Read time: 1 min
- Topics: 3m, amazon, data center, earnings, stock, corning, coherent
## 3M Stock Surges
3M stock jumped 6% to $171.91 as investors weighed an expanded Amazon data center relationship alongside better-than-expected quarterly earnings.
## Amazon Data Center Agreement
3M expanded its commercial relationship with Amazon to deploy and scale optical connectivity and data center products.
## Warrant Structure Details
3M issued an Amazon subsidiary a seven-year warrant to purchase up to 3.16 million shares at $164.89 each.
## Earnings Beat
3M reported third-quarter adjusted earnings of $2.50 per share, exceeding the $2.39 consensus estimate.
## Full-Year Guidance
3M raised adjusted earnings guidance to $9.10 to $9.15 per share for the full year.
## Peer Stock Performance
Coherent stock gained 1.33% to $235.11 while Corning stock slipped 0.21% to $132.46.
## Next Steps for Investors
3M’s stock rally depends on execution of Amazon deal and sustained profitability.
## Key takeaway

3M stock rose 6% to $171.91 after reporting better-than-expected quarterly earnings and an expanded Amazon data center deal.