Philip Morris International Inc. (PM)
NYSE: PM · Real-Time Price · USD
202.85
+1.80 (0.90%)
Oct 20, 2026, 9:35 AM EDT - Market open

PM Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, PM stock has a consensus rating of "Buy" and an average price target of $208.8. The average 1-year stock price forecast is 2.93% higher than the current stock price, while the lowest is $175 (-13.73%) and the highest is $230 (+13.38%).

Price Target: $208.8 (+2.93%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$175$208.8$211$230
Change-13.73%+2.93%+4.02%+13.38%

Analyst Ratings

The average analyst rating for PM stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Sep '26Oct '26
Strong Buy777999
Buy444333
Hold544444
Sell000000
Strong Sell000000
Total161515161616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Buy
Reiterates
$222
BuyReiterates$222+9.44%Oct 19, 2026
Barclays
Barclays
Buy
Reiterates
$225
BuyReiterates$225+10.92%Oct 16, 2026
Morgan Stanley
Morgan Stanley
Buy
Reiterates
$215
BuyReiterates$215+5.99%Oct 14, 2026
Bernstein
Bernstein
Hold
Maintains
$175
HoldMaintains$175-13.73%Oct 14, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
n/a
BuyReiteratesn/an/aOct 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
43.57B
from 40.65B
Increased by 7.19%
Revenue Next Year
45.99B
from 43.57B
Increased by 5.56%
EPS This Year
8.41
from 7.54
Increased by 11.48%
EPS Next Year
9.19
from 8.41
Increased by 9.32%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
31.41B31.76B35.17B37.88B40.65B43.57B
Revenue Growth
9.45%1.14%10.74%7.69%7.31%7.19%
Gross Profit
21.38B20.66B22.28B24.55B27.28B29.65B
Gross Margin
68.06%65.04%63.35%64.81%67.12%68.05%
Operating Income
13.08B12.81B13.23B13.22B16.73B17.87B
Net Income
9.11B9.05B7.81B7.06B11.35B12.10B
EPS
----7.548.41
EPS Growth
----14.76%11.48%
Forward PE
15.4518.0214.8517.1219.7624.13
Dividend / Share
4.905.045.145.305.646.07
Dividend Growth
3.38%2.86%1.98%3.11%6.42%7.68%
Free Cash Flow
----10.66B3.30B
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High44.2B
Avg43.6B
Low43.1B

Revenue Growth

Revenue Growth202620272028
High
8.6%
Avg
7.2%
Low
6.0%

EPS Forecast

EPS202620272028
High8.47
Avg8.41
Low8.35

EPS Growth

EPS Growth202620272028
High
12.3%
Avg
11.5%
Low
10.7%