Philip Morris International Inc. (PM)
NYSE: PM · IEX Real-Time Price · USD
107.60
-0.71 (-0.66%)
Jul 18, 2024, 3:31 PM EDT - Market open

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 a decrease of -5.08% from the current stock price of 107.60.

Analyst Consensus: Buy
Target Low Average Median High
Price $86.5 $102.13 $105 $115
Change -19.61% -5.08% -2.42% +6.88%
* 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 443332
Buy 333333
Hold 233333
Sell 000000
Strong Sell 111111
Total 10111010109

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Strong Buy
Maintains
$108$115
Strong Buy Maintains $108$115 +6.88% Apr 24, 2024
Argus Research
Argus Research
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Mar 5, 2024
Societe Generale
Societe Generale
Hold
Upgrades
$88
Hold Upgrades $88 -18.68% Feb 13, 2024
UBS
UBS
Strong Sell
Downgrades
$105$87
Strong Sell Downgrades $105$87 -19.61% Jan 23, 2024
JP Morgan
JP Morgan
Buy
Maintains
$110$115
Buy Maintains $110$115 +6.88% Nov 29, 2023
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
29.81B28.69B31.41B31.76B35.17B38.06B40.58B43.28B44.81B47.55B
Revenue Growth
0.61%-3.73%9.45%1.14%10.74%8.21%6.60%6.66%3.54%6.13%
EPS
4.615.165.835.815.026.507.127.828.158.99
EPS Growth
-9.25%11.93%12.98%-0.34%-13.60%29.42%9.59%9.79%4.28%10.34%
Forward PE
-----16.5615.1113.7713.2011.96
No. Analysts -----21211555
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.