Yahoo · Oct 15, 2026
Philip Morris Q3 Earnings on Deck: Key Factors You Should Understand
PM's third-quarter results are likely to reflect smoke-free momentum, strong pricing and innovation, while higher costs and competition may weigh on growth.
NYSE · PM
Philip Morris International Inc.
Consumer Defensive · Tobacco
$205.58
Down-$5.68 (-2.76%)
Updated Oct 16, 2026, 1:08 AM
SID Score
7.4/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 234.96B
- P/E ratio
- 27.29
- Dividend yield
- 2.69%
- 52-week range
- $151.63 – $207.76
- Volume
- 4.3M
- Avg. volume
- 6.58M
Price performance · PM
PM price history
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 14, 2026
PM closed at $205.58 after 20 trading sessions, up 7.93% for the selected period.
- Last close
- $205.58
- Period change
- +7.93%
- Period low
- $187.46
- Period high
- $205.58
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 14, 2026 | $201.04 | $205.86 | $199.99 | $205.58 | 4.3M |
| Oct 13, 2026 | $202.87 | $203.00 | $199.26 | $199.29 | 4.44M |
| Oct 12, 2026 | $201.52 | $202.77 | $200.5001 | $202.00 | 3.53M |
| Oct 9, 2026 | $199.31 | $201.285 | $198.85 | $201.19 | 3.24M |
| Oct 8, 2026 | $194.84 | $202.6994 | $192.97 | $200.50 | 5.52M |
| Oct 7, 2026 | $191.51 | $192.87 | $190.385 | $192.69 | 3.94M |
| Oct 6, 2026 | $189.71 | $192.049 | $189.01 | $190.40 | 4.24M |
| Oct 5, 2026 | $186.49 | $190.36 | $184.11 | $189.53 | 5.32M |
| Oct 2, 2026 | $186.88 | $189.10 | $185.88 | $187.46 | 3.09M |
| Oct 1, 2026 | $193.12 | $193.12 | $186.89 | $188.18 | 3.57M |
| Sep 30, 2026 | $195.00 | $195.22 | $190.82 | $190.82 | 4.36M |
| Sep 29, 2026 | $191.95 | $194.01 | $191.0001 | $193.90 | 3.6M |
| Sep 28, 2026 | $190.56 | $194.02 | $189.69 | $193.76 | 4.09M |
| Sep 25, 2026 | $190.55 | $190.988 | $187.31 | $190.48 | 3.9M |
| Sep 24, 2026 | $192.41 | $194.71 | $191.14 | $191.50 | 3.15M |
| Sep 23, 2026 | $190.05 | $193.00 | $188.55 | $190.84 | 7.31M |
| Sep 22, 2026 | $188.46 | $191.953 | $186.695 | $190.23 | 7.81M |
| Sep 21, 2026 | $188.00 | $188.48 | $185.84 | $187.48 | 5.7M |
| Sep 18, 2026 | $188.00 | $191.00 | $186.56 | $188.62 | 7.81M |
| Sep 17, 2026 | $192.795 | $192.795 | $188.695 | $190.48 | 3.01M |
Latest PM news
The latest Smart Investors Daily articles mentioning PM.
Stock researchCompany · Overview
Company
Market Activity
Research & News
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.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $178.67
- Implied upside
- —
- Analysts
- 8
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 23, 2026 | UBS | Neutral | — |
| Jul 30, 2026 | Citigroup | Buy | — |
| Jul 29, 2026 | Barclays | Overweight | — |
| Jul 23, 2026 | Morgan Stanley | Overweight | — |
| Jul 23, 2026 | Stifel | Buy | — |
News briefing
No generated briefing is available yet.
Yahoo · Oct 15, 2026
This Stock’s for You: Buy Bud’s ‘Diet Coke’ Moment
Americans and Europeans are drinking less alcohol, but that’s no problem for AB InBev. The Bud and Michelob brewer’s shares are trading at a discount as new zero-alcohol concoctions hit store shelves.
Yahoo · Oct 15, 2026
Philip Morris International Announces EU Economic Footprint Study 2021-2025: Transformation Made in Europe
STAMFORD, CT, October 15, 2026--At a defining moment for Europe’s competitiveness, Philip Morris International Inc. (PMI) (NYSE: PM) today publishes the second edition of its EU Economic Footprint Study, prepared by EY-Parthenon.
Yahoo · Oct 15, 2026
This Stock’s for You: Bud’s ‘Diet Coke’ Moment Is the Time to Buy
Americans and Europeans are drinking less alcohol, but that’s no problem for AB InBev. The Bud and Michelob brewer’s shares are trading at a discount as new zero-alcohol concoctions hit store shelves.
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 $205.58, reflecting a daily decline of 0.73% per SID market data. Despite the session pullback, PM has demonstrated strong momentum across multiple timeframes, gaining 2.27% over the past month, 10.18% over three months, and 23.74% over the trailing twelve-month period. The stock currently trades well above both its 50-day moving average of $190.34 and its 200-day moving average of $180.86, indicating sustained upward price trends according to Massive/Polygon technical data. The 14-day relative strength index stands at 64.7, approaching but not yet breaching overbought territory. PM carries a beta of 0.436, significantly below the broader market average of 1.0, underscoring its defensive characteristics within the Consumer Defensive sector. Average daily trading volume registers at approximately 6.58 million shares, supporting the stock's $234.96 billion market capitalization.
Philip Morris International Inc. Valuation Analysis
Philip Morris International trades at a price-to-earnings ratio of 27.29, reflecting a premium valuation relative to many Consumer Defensive sector peers, per SID market data. The PEG ratio stands at 5.76, suggesting that the current earnings multiple is elevated when adjusted for the company's projected growth rate. Notably, PM carries a negative price-to-book ratio of -21.53, a figure attributable to the company's negative shareholders' equity position resulting from extensive share repurchase programs and accumulated debt, as reflected in SEC filings. The stock offers a dividend yield of 3.66%, providing meaningful income for shareholders and reinforcing its appeal among defensive income-oriented portfolios. The company's market capitalization of approximately $234.96 billion positions it as one of the largest tobacco and reduced-risk product companies globally. The premium valuation metrics reflect investor confidence in PM's transition toward smoke-free products and sustained cash flow generation.
Smart Money Activity for PM
Philip Morris International registers a composite smart money score of 58 out of 100, generating a neutral signal per SID market data. Institutional activity represents the strongest component, scoring a perfect 25 out of 25, indicating robust accumulation and sustained conviction among large asset managers and fund complexes in their most recent 13F institutional filings. Insider activity scores 12.5 out of 25, reflecting a moderate and balanced pattern of executive and director transactions reported through SEC Form 4 filings. Congressional trading activity scores 12 out of 25, suggesting neither significant buying nor selling by members of Congress who have disclosed PM-related transactions. Dark pool activity registers at 8.5 out of 25, indicating below-average non-exchange trading volume relative to historical norms. The divergence between the maximum institutional score and the subdued dark pool reading suggests that large institutional holders are maintaining established positions rather than actively building or reducing exposure through alternative trading venues.
Philip Morris International Inc. Earnings Outlook
Philip Morris International delivered a notable earnings beat in its most recently reported quarter, posting actual earnings per share of $2.20 against an analyst consensus estimate of $2.05, representing a positive surprise of $0.15 or approximately 7.3% per company earnings reports. Looking ahead, analyst estimates project EPS of $2.05 for the upcoming quarter with results expected on July 21, 2026. Further out, consensus estimates call for $2.33 and $2.34 in subsequent quarters scheduled for October 2026, reflecting anticipated sequential earnings growth according to analyst estimates. The upward trajectory in quarterly estimates suggests Wall Street expects continued margin expansion driven by PM's growing portfolio of smoke-free products, including heated tobacco and oral nicotine categories. The consistent earnings delivery above expectations in the most recent period reinforces the company's operational execution and provides a positive foundation heading into upcoming reporting periods.
Wall Street Analyst Ratings for PM
Wall Street consensus on Philip Morris International remains predominantly constructive, with four of the five most recent analyst actions carrying bullish ratings per Wall Street analyst reports. Citigroup reiterated a Buy rating on July 30, 2026, while Barclays maintained an Overweight rating on July 29, 2026. Morgan Stanley reaffirmed its Overweight stance on July 23, 2026, the same day Stifel reiterated its Buy recommendation, according to SID consensus data. The lone non-bullish voice among recent coverage comes from UBS, which maintained a Neutral rating on September 23, 2026. Notably, none of the five analyst actions involved a rating change from prior assessments, indicating stable and entrenched conviction levels across the coverage universe. The clustering of four positive reiterations around the late July earnings reporting period suggests that PM's above-consensus quarterly results reinforced bullish analyst theses. The absence of any downgrades or target reductions underscores broad institutional confidence in the company's strategic trajectory.
