PM Stock Forecast

Stock Price Forecast

The 9 analysts that cover PM stock have a consensus rating of "Strong Buy" and an average price target of $188.22, which forecasts a 1.05% increase in the stock price over the next year. The lowest target is $166 and the highest is $210.

Price Target: $188.22 (+1.05%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$166	$188.22	$185	$210
Change	-10.88%	+1.05%	-0.68%	+12.74%

Analyst Ratings

The average analyst rating for PM stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	7	7	5	5	4	4
Buy	3	3	3	3	3	3
Hold	1	1	1	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	1	1	0	0	0	0
Total	12	12	9	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Simon Hales Citigroup	Citigroup	Strong Buy Maintains $200 → $210	Strong Buy	Maintains	$200 → $210	+12.74%	Feb 10, 2026
Gerald Pascarelli Needham	Needham	Strong Buy Maintains $190 → $205	Strong Buy	Maintains	$190 → $205	+10.06%	Feb 10, 2026
Edward Mundy Jefferies	Jefferies	Strong Buy → Hold Downgrades $220 → $180	Strong Buy → Hold	Downgrades	$220 → $180	-3.37%	Jan 20, 2026
Jared Dinges JP Morgan	JP Morgan	Buy Maintains $190 → $185	Buy	Maintains	$190 → $185	-0.68%	Nov 26, 2025
Gaurav Jain Barclays	Barclays	Buy Maintains $220 → $180	Buy	Maintains	$220 → $180	-3.37%	Nov 17, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

45.14B

from 40.65B

11.05%

from 40.65B

Revenue Next Year

48.12B

from 45.14B

6.59%

from 45.14B

EPS This Year

8.58

from 7.26

18.23%

from 7.26

EPS Next Year

9.36

from 8.58

9.01%

from 8.58

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	31.41B	31.76B	35.17B	37.88B	40.65B	45.14B	48.12B
Revenue Growth	9.45%	1.14%	10.74%	7.69%	7.31%	11.05%	6.59%
EPS	5.83	5.81	5.02	4.52	7.26	8.58	9.36
EPS Growth	12.98%	-0.34%	-13.60%	-9.96%	60.62%	18.23%	9.01%
Forward PE	-	-	-	-	-	21.70	19.91
No. Analysts	-	-	-	-	-	23	17

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	46.7B	50.5B
Avg	45.1B	48.1B
Low	41.3B	43.4B

Revenue Growth

Revenue Growth	2026	2027
High	14.9%	11.9%
Avg	11.1%	6.6%
Low	1.5%	-3.9%

EPS Forecast

EPS	2026	2027
High	9.03	9.95
Avg	8.58	9.36
Low	8.06	8.77

EPS Growth

EPS Growth	2026	2027
High	24.4%	16.0%
Avg	18.2%	9.0%
Low	11.0%	2.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.