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Philip Morris International Inc. logo

NASDAQ · PM

Philip Morris International Inc.

Consumer Defensive · Tobacco

$191.89

Up+$1.41 (+0.74%)

Updated Aug 29, 2026, 4:39 PM

SID Score

7.4/10

Composite research score

Smart Money

54/100

Neutral

Market cap
234.96B
P/E ratio
27.29
Dividend yield
2.88%
52-week range
$146.35 – $207.76
Volume
3.82M
Avg. volume
6.58M

Price performance

PM price history

1M range · 21 trading sessions · Daily adjusted prices

PM closed at $191.89 after 21 trading sessions, up 0.56% for the selected period.

Last close
$191.89
Period change
+0.56%
Period low
$184.52
Period high
$194.10
Daily close
View OHLC price history
PM OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Aug 28, 2026$191.15$192.8528$190.20$191.893.82M
Aug 27, 2026$191.89$193.635$190.16$190.483.98M
Aug 26, 2026$195.00$196.66$192.6343$194.104.58M
Aug 25, 2026$190.87$194.18$189.66$193.922.72M
Aug 24, 2026$190.24$193.47$189.1701$191.464.68M
Aug 21, 2026$190.97$191.09$187.99$188.234.09M
Aug 20, 2026$188.83$194.26$188.83$191.525.37M
Aug 19, 2026$188.71$190.50$186.8054$189.934.8M
Aug 18, 2026$187.03$188.87$186.01$187.627.11M
Aug 17, 2026$188.57$189.345$184.28$184.525.8M
Aug 14, 2026$188.95$191.10$187.63$190.394.58M
Aug 13, 2026$187.93$191.435$187.20$188.913.35M
Aug 12, 2026$184.28$187.00$184.0221$186.193.54M
Aug 11, 2026$185.11$187.2951$184.71$186.223.47M
Aug 10, 2026$188.00$188.60$185.01$186.003.15M
Aug 7, 2026$187.28$190.17$186.51$189.574.72M
Aug 6, 2026$191.15$191.54$186.66$188.055.64M
Aug 5, 2026$188.31$190.3575$185.50$188.935.54M
Aug 4, 2026$186.00$187.46$184.36$186.915.39M
Aug 3, 2026$192.40$192.68$187.34$187.413.99M
Jul 31, 2026$190.08$193.46$188.9468$190.825.45M

Latest PM news

The latest Smart Investors Daily articles mentioning PM.

PM research

Overview

Company profile and research snapshot.

Company profile

Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heat sticks, vapes, and oral nicotine offerings, primarily outside of the US. With the 2023 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI is not only dominant in smokable products but also has the Iqos and Zyn brands, which respectively dominate heated tobacco and nicotine pouches in most markets.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Buy
Average target
$178.67
Implied upside
Analysts
8
PM recent ratings
DateFirmRatingTarget
Jul 30, 2026CitigroupBuy
Jul 29, 2026BarclaysOverweight
Jul 23, 2026Morgan StanleyOverweight
Jul 23, 2026StifelBuy
Jul 23, 2026NeedhamBuy
Open full forecast

News briefing

No generated briefing is available yet.

Yahoo · Aug 23, 2026

Should Strong Q2 Results And New FDA-Authorized ZYN ULTRA Pouches Require Action From Philip Morris (PM) Investors?

Earlier this week, Philip Morris International reported past Q2 2026 results with year-on-year growth in both revenue and net income, while its affiliate Swedish Match USA received FDA Marketing Granted Orders for 11 ZYN ULTRA moist oral nicotine pouch products, including all 9mg variants and one 11mg variant. This combination of stronger earnings and expanded FDA-authorized smoke-free products highlights how Philip Morris International is deepening its shift away from combustible...

Yahoo · Aug 22, 2026

Philip Morris International (PM) Stock Stays Reasonable On Cash Flow While Earnings Look Stretched

Philip Morris International stock has delivered a strong 132.9% return over the past five years, while the latest Discounted Cash Flow (DCF) intrinsic value estimate points to the shares trading at a 17.3% discount to that valuation. However, the broader checks still flag the stock as only a limited-value opportunity. Recent attention around nicotine pouches, including new U.S. regulatory approvals, adds a fresh layer for investors weighing what that mix really means for pricing today. Over...

AI research layers

Interpretive context generated from the platform’s current data sources.

Philip Morris International Inc. Stock Performance

Philip Morris International Inc. shares traded at $191.89, reflecting a daily decline of 0.73% per SID market data. Over the trailing twelve months, PM has delivered a robust 25.56% return, while the three-month gain stands at 6.67%. The most recent one-month period, however, showed a pullback of 4.01%, suggesting short-term selling pressure. From a technical perspective, PM trades above both its 50-day moving average of $186.82 and its 200-day moving average of $178.12, indicating the broader uptrend remains intact according to SID market data. The 14-day relative strength index sits at 51.4, placing the stock in neutral territory without overbought or oversold signals. PM's beta of 0.436 confirms significantly lower volatility relative to the broader market, consistent with its Consumer Defensive sector classification. Average daily trading volume registers at approximately 6.58 million shares, supporting adequate liquidity for institutional participation.

Philip Morris International Inc. Valuation Analysis

Philip Morris International currently carries a market capitalization of approximately $234.96 billion, making it one of the largest companies in the Consumer Defensive sector per SID market data. The stock trades at a price-to-earnings ratio of 27.29, which represents a premium valuation relative to many defensive-sector peers. The PEG ratio stands at 5.76, suggesting the current earnings multiple is elevated relative to the company's projected earnings growth rate. PM's price-to-book ratio registers as negative at -21.53 according to SEC filings, reflecting a negative book value driven by accumulated share repurchases and significant leverage on the balance sheet. The company maintains a dividend yield of 3.66%, providing income-oriented investors with a meaningful cash return. This yield, combined with the defensive nature of the tobacco and reduced-risk product business, positions PM as a traditional income vehicle, though the elevated PEG ratio warrants consideration regarding growth-adjusted valuation levels.

Smart Money Activity for PM

Philip Morris International receives a composite smart money score of 54 out of 100, generating a neutral signal per SID market data. The institutional component scores a perfect 25 out of 25, indicating the strongest possible level of institutional ownership conviction and positioning in PM shares. This maximum institutional score reflects broad participation from major asset managers as documented in 13F institutional filings. Insider activity scores 12.5 out of 25, placing it at the midpoint and suggesting neither aggressive accumulation nor notable distribution by company executives and directors according to SEC Form 4 filings. The congressional trading component registers at 12 out of 25, reflecting moderate activity among congressional portfolios. Notably, the dark pool activity score is just 5.0 out of 25, indicating relatively low levels of off-exchange block trading. The divergence between maximum institutional confidence and minimal dark pool activity suggests that large holders are maintaining positions without significant rebalancing through alternative trading venues.

Philip Morris International Inc. Earnings Outlook

Philip Morris International has demonstrated a consistent pattern of earnings beats across its three most recent reporting periods. In the most recent quarter reported on July 22, 2026, PM posted earnings per share of $2.20 against a consensus estimate of $2.05, representing a positive surprise of $0.15 per company earnings reports. The prior quarter, reported on April 22, 2026, delivered EPS of $1.96 versus the $1.82 estimate, a $0.14 beat. The February 2026 quarter showed a narrower but still positive surprise, with actual EPS of $1.70 compared to the $1.69 estimate. The upcoming quarter carries an analyst consensus estimate of $2.05 per share according to analyst estimates. The sequential acceleration in surprise magnitude from $0.01 to $0.14 to $0.15 indicates strengthening operational execution and potentially conservative guidance practices. This earnings trajectory supports the company's ongoing transition toward reduced-risk products and international market expansion.

Wall Street Analyst Ratings for PM

Wall Street consensus on Philip Morris International remains unanimously bullish based on the most recent analyst actions. On July 30, 2026, Citigroup reiterated its Buy rating on PM, while Barclays maintained its Overweight designation on July 29 per Wall Street analyst reports. Following the July 22 earnings beat, Morgan Stanley and Stifel both reaffirmed their positive stances on July 23, with Morgan Stanley maintaining Overweight and Stifel reiterating Buy. Needham also sustained its Buy rating on the same date according to SID consensus data. Notably, all five recent analyst actions represent reiterations rather than upgrades, indicating that the bullish thesis was already established prior to the latest earnings results. No downgrades or neutral ratings appear among recent coverage actions. The concentration of reaffirmations immediately following the Q1 earnings surprise of $0.15 above consensus suggests that PM's operational performance continues to meet or exceed the expectations embedded in existing positive recommendations from major sell-side institutions.