Philip Morris International Inc. (PM)

NYSE: PM · Real-Time Price · USD
190.82
-1.18 (-0.61%)
At close: Jul 31, 2026, 4:00 PM EDT
191.59
+0.77 (0.40%)
After-hours: Jul 31, 2026, 7:51 PM EDT
Market Cap297.41B +17.4%
Revenue (ttm)42.55B +8.9%
Net Income10.84B +32.1%
EPS6.95 +31.8%
Shares Out 1.56B
PE Ratio27.46
Forward PE21.91
Dividend$5.88 (3.08%)
Ex-Dividend DateJun 25, 2026
Volume5,445,940
Open190.08
Previous Close192.00
Day's Range188.95 - 193.46
52-Week Range142.11 - 207.76
Beta0.40
AnalystsBuy
Price Target203.80 (+6.8%)
Earnings DateJul 22, 2026

About PM

Philip Morris International Inc. operates as a tobacco company. The company offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products under the IQOS, VEEV, and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness products. The company was incorporated in 1987 and is headquartered in Stamford, Connecticut.

Industry Tobacco
Founded 1987
Employees 84,900
Stock Exchange NYSE
Ticker Symbol PM
Full Company Profile

Financial Performance

In 2025, PM's revenue was $40.65 billion, an increase of 7.31% compared to the previous year's $37.88 billion. Earnings were $11.32 billion, an increase of 60.88%.

Financial Statements

Analyst Summary

According to 16 analysts, the average rating for PM stock is "Buy." The 12-month stock price target is $203.8, which is an increase of 6.80% from the latest price.

Price Target
$203.8
(6.80% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Philip Morris price target raised to $225 from $210 at Citi

Citi analyst Simon Hales raised the firm’s price target on Philip Morris (PM) to $225 from $210 and keeps a Buy rating on the shares.

2 days ago - TheFly

Philip Morris price target raised to $225 from $205 at Barclays

Barclays analyst Pallav Mittal raised the firm’s price target on Philip Morris (PM) to $225 from $205 and keeps an Overweight rating on the shares. The firm views the negative…

3 days ago - TheFly

Wolfe says buy these three quality stocks into post-earnings strength

July has dealt Wall Street a turbulent hand. US stocks have drifted lower this month, hampered by persistent geopolitical risks, rising crude oil prices, and mounting anxiety over rising AI capex.

Other symbols: BLKUNH
3 days ago - Invezz

ZYN growth EXPLODES as Philip Morris International expands US manufacturing

Philip Morris International U.S. CEO Stacey Kennedy discusses PMI's $1.2 billion investment in a new ZYN nicotine pouch manufacturing plant in Aurora, Colo., on 'The Claman Countdown.

4 days ago - Fox Business

Philip Morris Stock (PM) Lights Up as it Doubles Investment in New Smoke-Free Factory to $1.2B

Shares in tobacco company Philip Morris International ($PM) lit up today after it ramped up investment in a new manufacturing plant to meet rising demand for smoke-free nicotine-pouch products. Doubli...

5 days ago - TipRanks

Philip Morris Opens $1.2 Billion Manufacturing Campus to Grow Zyn Brand

Philip Morris International opened a $1.2 billion manufacturing campus in Colorado, part of the tobacco company's efforts to expand its Zyn portfolio and meet rising demand for nicotine pouches.

5 days ago - WSJ

Philip Morris doubles Colorado campus investment to $1.2 billion

Philip Morris International said on Monday it had doubled its planned investment in its Colorado ​manufacturing campus to about $1.2 billion through 2028, as ‌it expands production capacity for the Zy...

5 days ago - Reuters

Philip Morris opens $1.2B Aurora campus

Philip Morris (PM) International’s U.S. businesses “celebrated” the opening of its Aurora, Colorado manufacturing campus, an investment representing total capital expenditures of $1.2B from 2024-2028....

5 days ago - TheFly

PMI U.S. Opens $1.2 Billion Aurora Campus, Strengthening U.S. Manufacturing and Export Capabilities

STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International Inc.'s (PMI) (NYSE: PM) U.S. businesses (PMI U.S.) today celebrated the opening of its Aurora, Colorado manufacturing campus, a landmark inve...

5 days ago - Business Wire

Philip Morris price target raised to $221 from $216 at BTIG

BTIG raised the firm’s price target on Philip Morris (PM) to $221 from $216 and keeps a Buy rating on the shares after its Q2 earnings beat. The firm is…

8 days ago - TheFly

Philip Morris price target raised to $205 from $195 at Stifel

Stifel raised the firm’s price target on Philip Morris (PM) to $205 from $195 and keeps a Buy rating on the shares. The firm says its higher target is supported…

9 days ago - TheFly

Philip Morris price target raised to $215 from $200 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Philip Morris (PM) to $215 from $200 and keeps an Overweight rating on the shares. Following the company’s Q2 report, the firm…

9 days ago - TheFly

Philip Morris International Earnings Call Transcript: Q2 2026

Q2 and H1 saw strong organic growth in revenue, operating income, and EPS, driven by smoke-free products and robust combustible performance. Guidance remains unchanged as increased U.S. investment is planned for H2, especially behind ZYN and IQOS ILUMA.

10 days ago - Transcripts

Philip Morris International Slides: Q2 2026

Philip Morris International has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 22, 2026.

10 days ago - Filings

Philip Morris International Earnings release: Q2 2026

Philip Morris International released its Q2 2026 earnings on July 22, 2026, summarizing the period's financial results.

10 days ago - Filings

Philip Morris International Quarterly report: Q2 2026

Philip Morris International has published its Q2 2026 quarterly earnings report on July 22, 2026.

10 days ago - Filings

Philip Morris Stock Falls After It Cuts Guidance, but There Is One Bright Spot

Philip Morris International reports better-than-expected second-quarter earnings but lowers full-year profit expectations.

10 days ago - Barrons

Philip Morris Sales Boosted by Growth in International Business

Philip Morris International recorded higher revenue in the second quarter, boosted by growth in its international business and its Zyn portfolio in the U.S.

10 days ago - WSJ

Philip Morris beats second-quarter sales estimates

Philip Morris beat ​Wall Street estimates ‌for second-quarter sales on ​Wednesday, helped ​by strong demand for ⁠smoke-free ​products following recent ​regulatory approval for its Zyn nicotine ​pouche...

10 days ago - Reuters

Philip Morris International Reports 2026 Second-Quarter & First Six-Months Results and Updates 2026 Full-Year Adjusted Diluted EPS Forecast for Currency Only;

STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) today announces its 2026 second quarter results.1 "We delivered outstanding results in the second quar...

10 days ago - Business Wire

Philip Morris initiated with a Buy at BTIG

BTIG initiated coverage of Philip Morris (PM) with a Buy rating and $216 price target The company has executed its transition to reduced-risk products exceptionally well, maintaining a resilient combu...

10 days ago - TheFly

Philip Morris International to Host Webcast of 2026 Second-Quarter and First Six-Months Results

STAMFORD, CT--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast on Wednesday, July 22, 2026, at 9:00 a.m. ET, to discuss its 2026 secon...

17 days ago - Business Wire

Investors flock to Big Tobacco as companies pivot to vapes and pouches — as moral taboo goes up in smoke

For nearly a decade, pension funds and major endowments blacklisted cigarette makers under strict sustainability mandates.

Other symbols: BTI
22 days ago - New York Post

Tobacco Stocks Are Coming in From the Cold

Investors are taking a closer look at companies as they shift away from cigarettes.

Other symbols: BTI
23 days ago - WSJ

Zyn can be marketed as safe alternative to cigarettes, FDA says

Federal regulator gives Philip Morris International a win for nicotine pouches.

4 weeks ago - WSJ