Philip Morris International Inc. (PM)
NYSE: PM · IEX Real-Time Price · USD
101.64
+0.39 (0.39%)
At close: Jul 2, 2024, 4:00 PM
101.63
-0.01 (-0.01%)
After-hours: Jul 2, 2024, 7:33 PM EDT
PM Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for PM stock have an average target of 102.13, with a low estimate of 86.5 and a high estimate of 115. The average target predicts an increase of 0.48% from the current stock price of 101.64.
Analyst Consensus: Buy
* Price targets were last updated on Apr 24, 2024.
Analyst Ratings
The average analyst rating for PM stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 4 | 4 | 3 | 3 | 2 |
Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Hold | 1 | 2 | 3 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Total | 10 | 10 | 11 | 10 | 10 | 9 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Stifel | Stifel | Strong Buy Maintains $108 → $115 | Strong Buy | Maintains | $108 → $115 | +13.14% | Apr 24, 2024 |
Argus Research | Argus Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 5, 2024 |
Societe Generale | Societe Generale | Strong Sell → Hold Upgrades $88 | Strong Sell → Hold | Upgrades | $88 | -13.91% | Feb 13, 2024 |
UBS | UBS | Strong Buy → Strong Sell Downgrades $105 → $87 | Strong Buy → Strong Sell | Downgrades | $105 → $87 | -14.90% | Jan 23, 2024 |
JP Morgan | JP Morgan | Buy Maintains $110 → $115 | Buy | Maintains | $110 → $115 | +13.14% | Nov 29, 2023 |
Financial Forecast
Revenue This Year
38.06B
from 35.17B
Increased by 8.21%
Revenue Next Year
40.58B
from 38.06B
Increased by 6.60%
EPS This Year
6.50
from 5.02
Increased by 29.42%
EPS Next Year
7.12
from 6.50
Increased by 9.59%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 39.2B | 42.3B | 45.7B | 48.7B | 53.5B |
Avg | 38.1B | 40.6B | 43.3B | 44.8B | 47.6B |
Low | 35.7B | 36.6B | 38.5B | 39.8B | 40.5B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 11.5% | 11.1% | 12.6% | 12.5% | 19.5% |
Avg | 8.2% | 6.6% | 6.7% | 3.5% | 6.1% |
Low | 1.5% | -3.7% | -5.1% | -8.0% | -9.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 6.72 | 7.43 | 8.31 | 9.17 | 10.34 |
Avg | 6.50 | 7.12 | 7.82 | 8.15 | 8.99 |
Low | 6.12 | 6.42 | 6.94 | 6.95 | 7.47 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 33.9% | 14.4% | 16.7% | 17.4% | 26.8% |
Avg | 29.4% | 9.6% | 9.8% | 4.3% | 10.3% |
Low | 22.0% | -1.2% | -2.5% | -11.1% | -8.4% |
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.