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

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

Analysts Set New Price Targets

Several research firms have issued reports on PM. UBS Group cut their price target on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Barclays restated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 23rd. Bank of America restated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Needham & Company LLC restated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a research report on Thursday, April 23rd. Finally, Morgan Stanley upped 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. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $192.88.

Philip Morris International Trading Up 2.5%

Shares of NYSE:PM opened at $183.01 on Thursday. The company has a market cap of $285.23 billion, a price-to-earnings ratio of 25.74, a price-to-earnings-growth ratio of 2.06 and a beta of 0.38. The company has a 50-day moving average price of $171.77 and a 200-day moving average price of $169.52. Philip Morris International has a 12 month low of $142.11 and a 12 month high of $193.05.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.83 by $0.13. The firm had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.69 earnings per share. 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. As a group, research analysts forecast that Philip Morris International will post 8.4 EPS for the current fiscal year.

Hedge Funds Weigh In On Philip Morris International

Several hedge funds and other institutional investors have recently modified their holdings of the company. Brighton Jones LLC raised its stake in Philip Morris International by 31.1% in the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after buying an additional 2,023 shares in the last quarter. Sivia Capital Partners LLC raised its stake in Philip Morris International by 53.7% in the second quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock worth $1,027,000 after buying an additional 1,970 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in Philip Morris International by 4.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after buying an additional 91 shares in the last quarter. Aristotle Capital Management LLC raised its stake in Philip Morris International by 4.4% in the fourth quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock worth $222,000 after buying an additional 58 shares in the last quarter. Finally, Puff Wealth Management LLC bought a new position in Philip Morris International in the second quarter worth about $210,000. 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.