Stifel Nicolaus Forecasts Strong Price Appreciation for Philip Morris International (NYSE:PM) Stock

Philip Morris International (NYSE:PM) had its target price upped by analysts at Stifel Nicolaus from $195.00 to $205.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target would suggest a potential upside of 6.18% from the stock’s previous close.

Several other brokerages have also recently issued reports on PM. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Needham & Company LLC boosted their target price on Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Morgan Stanley reissued an “overweight” rating and set a $215.00 price objective on shares of Philip Morris International in a research note on Thursday. Finally, BTIG Research started coverage on Philip Morris International in a report on Tuesday. They issued a “buy” rating and a $216.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $201.44.

Philip Morris International Stock Performance

Shares of PM stock opened at $193.07 on Thursday. The stock’s fifty day moving average is $182.74 and its two-hundred day moving average is $175.12. The firm has a market capitalization of $300.92 billion, a P/E ratio of 27.07, a PEG ratio of 2.22 and a beta of 0.38. Philip Morris International has a fifty-two week low of $142.11 and a fifty-two week high of $199.78.

Philip Morris International (NYSE:PM) last released its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.05 by $0.15. The business had revenue of $11.19 billion during the quarter, compared to analyst estimates of $10.60 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.89 earnings per share. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, equities analysts forecast that Philip Morris International will post 8.37 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Resurgent Financial Advisors LLC raised its holdings in shares of Philip Morris International by 3.7% in the 4th quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock valued at $244,000 after purchasing an additional 54 shares in the last quarter. Douglass Winthrop Advisors LLC boosted its holdings in Philip Morris International by 0.3% in the fourth quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock valued at $2,942,000 after purchasing an additional 56 shares in the last quarter. Outlook Wealth Advisors LLC increased its stake in Philip Morris International by 4.6% in the fourth quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock valued at $212,000 after purchasing an additional 58 shares during the last quarter. Aristotle Capital Management LLC raised its holdings in Philip Morris International by 4.4% during the fourth quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock worth $222,000 after purchasing an additional 58 shares in the last quarter. Finally, Tranquility Partners LLC lifted its position in shares of Philip Morris International by 2.4% during the 4th quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock worth $399,000 after buying an additional 59 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Key Philip Morris International News

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

• Positive Sentiment: Philip Morris posted record Q2 2026 net revenue of $11.19 billion and adjusted EPS of $2.20, both above estimates, driven by strong smoke-free product demand and international growth. Article Title
• Positive Sentiment: Smoke-free products now make up 42% of revenue, with IQOS and ZYN leading share gains and supporting margin expansion, reinforcing the company’s long-term growth story. Article Title
• Positive Sentiment: Needham raised its price target to $215 from $200 and reiterated a buy rating, while BTIG upgraded the stock to strong-buy, signaling improving analyst sentiment after the earnings report. Article Title
• Positive Sentiment: Philip Morris reached a new 12-month high after its strong earnings results, reflecting continued investor confidence in the company’s growth and defensive dividend profile. Article Title
• Neutral Sentiment: The company raised spending plans for ZYN and highlighted increased U.S. investment, which could support future growth but may pressure near-term profitability. Article Title
• Negative Sentiment: Management lowered full-year EPS guidance due to currency headwinds and war-related costs, which likely explains why some investors remain cautious despite the strong quarter. Article Title

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.