Philip Morris International (NYSE:PM) Updates FY 2026 Earnings Guidance
by Scott Moore · The Cerbat GemPhilip Morris International (NYSE:PM – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 8.380-8.530 for the period, compared to the consensus EPS estimate of 8.330. The company issued revenue guidance of -. Philip Morris International also updated its Q1 2026 guidance to 1.800-1.850 EPS.
Analyst Upgrades and Downgrades
PM has been the subject of a number of recent research reports. Stifel Nicolaus set a $180.00 price objective on shares of Philip Morris International in a report on Tuesday, October 21st. Wall Street Zen lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Wednesday, October 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Finally, Barclays reduced their price target on 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. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $184.56.
Read Our Latest Report on Philip Morris International
Philip Morris International Stock Performance
PM stock traded up $0.78 on Friday, reaching $182.78. The company’s stock had a trading volume of 8,511,695 shares, compared to its average volume of 5,807,832. The firm has a market cap of $284.52 billion, a PE ratio of 33.11, a PEG ratio of 1.94 and a beta of 0.39. The business has a fifty day simple moving average of $163.48 and a two-hundred day simple moving average of $161.53. Philip Morris International has a 12-month low of $142.11 and a 12-month high of $186.69.
Philip Morris International (NYSE:PM – Get Free Report) last issued its quarterly earnings data 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 analyst estimates of $10.40 billion. Philip Morris International had a net margin of 9.33% and a negative return on equity of 122.14%. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the business 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. As a group, research analysts anticipate that Philip Morris International will post 7.14 earnings per share for the current fiscal year.
Philip Morris International Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th were given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, December 26th. Philip Morris International’s payout ratio is presently 106.52%.
Key Headlines Impacting 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.
Institutional Investors Weigh In On Philip Morris International
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nia Impact Advisors LLC boosted its stake in Philip Morris International by 4.2% during the 2nd quarter. Nia Impact Advisors LLC now owns 1,577 shares of the company’s stock valued at $287,000 after purchasing an additional 63 shares during the last quarter. Oxford Asset Management LLP lifted its holdings in shares of Philip Morris International by 3.2% during the second quarter. Oxford Asset Management LLP now owns 2,144 shares of the company’s stock valued at $390,000 after purchasing an additional 66 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Philip Morris International by 4.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after buying an additional 91 shares during the last quarter. Binnacle Investments Inc increased its holdings in Philip Morris International by 3.6% in the 2nd quarter. Binnacle Investments Inc now owns 2,596 shares of the company’s stock worth $473,000 after buying an additional 91 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC raised its position in Philip Morris International by 5.1% in the 2nd quarter. Garden State Investment Advisory Services LLC now owns 1,918 shares of the company’s stock worth $350,000 after buying an additional 93 shares during the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.
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.