Philip Morris International Inc. (PM)

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 $186, which forecasts a 9.38% increase in the stock price over the next year. The lowest target is $166 and the highest is $200.

Price Target: $186 (+9.38%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$166	$186	$185	$200
Change	-2.38%	+9.38%	+8.79%	+17.61%

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Edward Mundy Jefferies	Jefferies	Strong Buy → Hold Downgrades $220 → $180	Strong Buy → Hold	Downgrades	$220 → $180	+5.85%	Jan 20, 2026
Jared Dinges JP Morgan	JP Morgan	Buy Maintains $190 → $185	Buy	Maintains	$190 → $185	+8.79%	Nov 26, 2025
Gaurav Jain Barclays	Barclays	Buy Maintains $220 → $180	Buy	Maintains	$220 → $180	+5.85%	Nov 17, 2025
Faham Baig UBS	UBS	Hold Maintains $177 → $166	Hold	Maintains	$177 → $166	-2.38%	Sep 5, 2025
Gaurav Jain Barclays	Barclays	Buy Maintains $225 → $220	Buy	Maintains	$225 → $220	+29.37%	Jul 30, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

41.95B

Increased by 10.76%

from 37.88B

Revenue Next Year

45.20B

Increased by 7.73%

from 41.95B

EPS This Year

7.75

Increased by 71.52%

from 4.52

EPS Next Year

8.59

Increased by 10.82%

from 7.75

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	28.69B	31.41B	31.76B	35.17B	37.88B	41.95B	45.20B
Revenue Growth	-3.73%	9.45%	1.14%	10.74%	7.69%	10.76%	7.73%
EPS	5.16	5.83	5.81	5.02	4.52	7.75	8.59
EPS Growth	11.94%	12.98%	-0.34%	-13.60%	-9.96%	71.52%	10.82%
Forward PE	-	-	-	-	-	21.93	19.79
No. Analysts	-	-	-	-	-	23	23

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	43.1B	46.7B
Avg	42.0B	45.2B
Low	39.0B	41.8B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	13.9%	11.3%
Avg	10.8%	7.7%
Low	2.9%	-0.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	7.99	9.03
Avg	7.75	8.59
Low	7.24	8.06

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	76.8%	16.5%
Avg	71.5%	10.8%
Low	60.1%	3.9%

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.