Companies /Consumer Defensive

Philip Morris International Inc

NYSE: PM Tobacco
$201.74
▲ $4.28 (+2.17%) today
Markets closed · 8:55pm ET

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PM at a Glance

Valuation
Market cap
$307.8B
P/E ratio
28.8
Profitability
Revenue (TTM)
$42.5B
Profit margin
25.6%
EPS (TTM)
$6.85
Price
52-week range
$137 – $210
24/7 target
$221.90
Street target
$208.71
Earnings
Q3 2026 EPS
$2.36
vs. $2.34 est.
+0.7%

Headquartered in Stamford, CT Fiscal year ends December NYSE: PM pmi.com

About Philip Morris International

Philip Morris International is a global consumer goods company primarily focused on cigarettes and smoke-free products, including heat-not-burn (IQOS), nicotine pouches (ZYN), and e-vapor (VEEV) products. The company operates through three reportable segments: International Smoke-Free, International Combustibles, and U.S. (including its wellness business unit, Aspeya). PMI's smoke-free products are available in 110 markets and accounted for more than 40% of Q3 2026 net revenues, used by over 43 million legal-age consumers worldwide. The company holds approximately three-quarters of global HTU volume share through IQOS and has invested over $16 billion since 2008 in developing and commercializing smoke-free alternatives. In the U.S., ZYN nicotine pouches have secured 31 PMTA-authorized variants and 20 Modified Risk Tobacco Product authorizations from the FDA. Key cigarette brands include Marlboro, which holds an 11.4% global category share. PMI has a long-term ambition to expand into wellness areas through its Aspeya business unit. Updated

Latest Activity

PMPhilip Morris International
Regular session
$197.20
+5.59%open $186.76

A 5.6% move to $197.20 is outsized for a $307 billion defensive name that rarely trades like this, and it lands the same day the Q3 earnings report hit EDGAR. Keep an eye on whether the gain holds into the close.

PMPhilip Morris International
Regular session
$194.00
+3.88%open $186.76

A 3.88% intraday jump is a big day for a $302 billion defensive name, and it follows this morning's Q3 earnings filing. Management's outlook is what sets the next leg.

PMPhilip Morris International
Q3 2026
EPS
$2.36
est $2.34+0.8%
Revenue
$11.44B
est $11.36B+0.7%

Income investors just got a raise: the dividend rose 8.8% to $1.60 a quarter, funded by smoke-free products that now clear 40% of net revenue. Both lines topped consensus, and management nudged full-year EPS guidance only for currency.

Quarterly EPS — reported vs estimate
PMPhilip Morris International
After-hours
$199.84
-4.56%open $209.38

A 4.56% slide to $199.84 wipes roughly $14 billion off a $311.5 billion consumer-staples name that rarely moves like this. The $200 line is the level to keep an eye on from here.

PMPhilip Morris International
Regular session
$202.08
-3.49%open $209.38

A 3.5% slide to $202.08 strips roughly $11 billion from a $315 billion defensive name that rarely moves this hard in a single session. Keep an eye on whether it holds that level into the close.

PMPhilip Morris International
New 52-week high$200.5+0.2% vs prior high · 2026-07-28

Philip Morris cleared $200 for the first time, topping its late-July peak and putting a $312.6 billion tobacco name back in price discovery after ten weeks of chop below the line.

PMPhilip Morris International
Regular session
$200.88
+3.05%open $194.94

A 3% intraday gain to $200.88 adds roughly $9 billion of market value to a $313 billion defensive name that rarely moves this much in a single session. The $200 handle is the level to watch from here.

PM Coverage

Frequently Asked Questions

What does Philip Morris International do?

Philip Morris International is a global consumer goods company primarily focused on cigarettes and smoke-free products, including heat-not-burn (IQOS), nicotine pouches (ZYN), and e-vapor (VEEV) products.

What is the PM stock price target?

24/7 Wall St.'s 12-month price target for PM is $221.90, rated Buy. The Wall Street consensus target is $208.71. PM price prediction →