Philip Morris International (NYSE:PM) Stock Price Expected to Rise, Needham & Company LLC Analyst Says

Philip Morris International (NYSE:PM) had its price target hoisted by Needham & Company LLC from $190.00 to $205.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Needham & Company LLC’s price target would indicate a potential upside of 12.82% from the stock’s previous close.

Several other research analysts have also commented on PM. Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $220.00 to $180.00 in a research note on Tuesday, January 20th. Barclays reduced their price objective on shares of Philip Morris International from $220.00 to $180.00 and set an “overweight” rating on the stock in a research report on Monday, November 17th. JPMorgan Chase & Co. dropped their target price on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Morgan Stanley reaffirmed an “overweight” rating and set a $205.00 target price on shares of Philip Morris International in a research note on Monday. Finally, UBS Group reiterated a “neutral” rating and issued a $181.50 price target on shares of Philip Morris International in a report on Monday. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Philip Morris International presently has an average rating of “Moderate Buy” and a consensus price target of $192.94.

Philip Morris International Stock Down 0.6%

Shares of NYSE:PM opened at $181.71 on Tuesday. Philip Morris International has a 52 week low of $142.11 and a 52 week high of $186.69. The stock has a market capitalization of $282.86 billion, a P/E ratio of 24.99, a PEG ratio of 1.99 and a beta of 0.39. The firm has a fifty day simple moving average of $164.50 and a two-hundred day simple moving average of $161.63.

Philip Morris International (NYSE:PM) last announced its earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.70. The firm had revenue of $10.36 billion for the quarter, compared to analysts’ expectations of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The business’s revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.55 EPS. 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. On average, analysts expect that Philip Morris International will post 7.14 earnings per share for the current year.

Hedge Funds Weigh In On Philip Morris International

Large investors have recently bought and sold shares of the business. Legacy Investment Solutions LLC purchased a new stake in shares of Philip Morris International during the 2nd quarter worth $25,000. Traub Capital Management LLC bought a new position in Philip Morris International in the second quarter worth about $25,000. Marquette Asset Management LLC lifted its position in shares of Philip Morris International by 1,677.8% during the third quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock valued at $26,000 after buying an additional 151 shares during the last quarter. Dogwood Wealth Management LLC boosted its holdings in shares of Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after buying an additional 82 shares in the last quarter. Finally, Richards Merrill & Peterson Inc. purchased a new position in shares of Philip Morris International in the 4th quarter worth approximately $28,000. Institutional investors own 78.63% of the company’s stock.

About Philip Morris International

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.