Philip Morris International (NYSE:PM) Releases Q1 2026 Earnings Guidance

Philip Morris International (NYSE:PM) issued an update on its first quarter 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 1.800-1.850 for the period, compared to the consensus earnings per share estimate of 1.890. The company issued revenue guidance of -. Philip Morris International also updated its FY 2026 guidance to 8.380-8.530 EPS.

Analysts Set New Price Targets

A number of brokerages have recently commented on PM. Jefferies Financial Group lowered Philip Morris International from a “buy” rating to a “hold” rating and cut their price target for the company from $220.00 to $180.00 in a report on Tuesday, January 20th. Barclays lowered their target price on shares of Philip Morris International from $220.00 to $180.00 and set an “overweight” rating on the stock in a report on Monday, November 17th. JPMorgan Chase & Co. dropped their price objective on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Morgan Stanley set a $175.00 price objective on shares of Philip Morris International and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Philip Morris International has a consensus rating of “Moderate Buy” and a consensus target price of $184.56.

Philip Morris International Stock Performance

Philip Morris International stock opened at $182.78 on Friday. The firm has a market cap of $284.52 billion, a price-to-earnings ratio of 25.14, a PEG ratio of 1.97 and a beta of 0.39. Philip Morris International has a 52-week low of $142.11 and a 52-week high of $186.69. The firm has a 50 day moving average price of $163.99 and a two-hundred day moving average price of $161.51.

Philip Morris International (NYSE:PM) last released its earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, hitting the consensus estimate of $1.70. The business had revenue of $10.36 billion during the quarter, compared to analysts’ expectations of $10.40 billion. Philip Morris International had a negative return on equity of 122.14% and a net margin of 9.33%.The firm’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.55 earnings per share. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. As a group, equities research analysts predict that Philip Morris International will post 7.14 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Friday, December 26th. Philip Morris International’s dividend payout ratio is currently 106.52%.

Trending Headlines about Philip Morris International

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: Raised FY‑2026 EPS outlook slightly above Street consensus (8.380–8.530 vs. ~8.33), signaling management confidence in longer‑term earnings power. Philip Morris International Reports 2025 Fourth-Quarter & Full-Year Results
• Positive Sentiment: Q4 EPS showed year‑over‑year improvement (reported $1.70; Zacks notes it beat their consensus), with management citing pricing strength and expansion of smoke‑free products as growth drivers. These factors support margin resilience and medium‑term growth. Philip Morris Q4 Earnings Beat Estimates, Revenues Grow 6.8% Y/Y
• Neutral Sentiment: Top‑line was essentially in line with expectations — revenue $10.36B vs. ~$10.40B consensus and ~+6.8% YoY — leaving overall headline numbers largely as expected and reducing the surprise factor. Philip Morris (NYSE:PM) posts Q4 CY2025 sales in line with estimates
• Negative Sentiment: Q1 2026 EPS guidance (1.800–1.850) came in below the Street view (~1.89), which could pressure near‑term sentiment and expectations for sequential growth. Philip Morris Posts Higher Profit, Revenue; Forecasts Continued Growth
• Negative Sentiment: Some outlets highlight the revenue shortfall and described the results as “soft” or merely meeting expectations, which triggered an early pullback in the stock despite the stronger full‑year guide. Philip Morris Stock Drops. Why Earnings Are a Drag for the Tobacco Giant.

Hedge Funds Weigh In On Philip Morris International

Several institutional investors have recently modified their holdings of the business. Measured Wealth Private Client Group LLC purchased a new stake in Philip Morris International during the third quarter valued at about $32,000. McIlrath & Eck LLC bought a new stake in Philip Morris International during the 2nd quarter worth approximately $36,000. WFA of San Diego LLC bought a new position in shares of Philip Morris International in the second quarter worth $41,000. Osterweis Capital Management Inc. increased its stake in Philip Morris International by 2,280.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 357 shares of the company’s stock worth $65,000 after acquiring an additional 342 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new position in shares of Philip Morris International in the second quarter worth approximately $82,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Company Profile

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.