Philip Morris International (NYSE:PM) Issues FY 2026 Earnings Guidance

Philip Morris International (NYSE:PM) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 8.310-8.460 for the period, compared to the consensus estimate of 8.420. The company issued revenue guidance of -.

Analysts Set New Price Targets

PM has been the topic of a number of research reports. UBS Group lowered their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research note on Friday, April 17th. Morgan Stanley increased their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, June 3rd. Barclays restated an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a research report on Monday, February 23rd. Stifel Nicolaus lowered their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $192.88.

Philip Morris International Price Performance

NYSE PM opened at $183.01 on Thursday. The business’s 50-day simple moving average is $171.77 and its 200-day simple moving average is $169.52. Philip Morris International has a 1-year low of $142.11 and a 1-year high of $193.05. The firm has a market capitalization of $285.23 billion, a P/E ratio of 25.74, a P/E/G ratio of 2.06 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The company had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter last year, the company earned $1.69 earnings per share. Philip Morris International’s revenue for the quarter was up 9.1% on a year-over-year basis. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. On average, equities research analysts expect that Philip Morris International will post 8.4 EPS for the current fiscal year.

Hedge Funds Weigh In On Philip Morris International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PM. Safe Harbor Fiduciary LLC bought a new stake in Philip Morris International during the 4th quarter valued at $29,000. Measured Wealth Private Client Group LLC bought a new position in shares of Philip Morris International in the third quarter worth $32,000. McIlrath & Eck LLC bought a new stake in shares of Philip Morris International during the second quarter valued at about $36,000. WFA of San Diego LLC acquired a new stake in Philip Morris International in the second quarter worth about $41,000. Finally, Swiss RE Ltd. bought a new position in Philip Morris International in the 4th quarter valued at about $40,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Company Profile

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.