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

Philip Morris International (NYSE:PM) had its price target upped by research analysts at Needham & Company LLC from $190.00 to $205.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC’s price objective suggests a potential upside of 9.99% from the company’s current price.

PM has been the subject of several other research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. JPMorgan Chase & Co. decreased 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. The Goldman Sachs Group restated a “buy” rating on shares of Philip Morris International in a research report on Wednesday, October 22nd. Barclays lowered their price target on Philip Morris International from $220.00 to $180.00 and set an “overweight” rating on the stock in a report on Monday, November 17th. Finally, 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. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Philip Morris International has an average rating of “Moderate Buy” and a consensus price target of $194.06.

Philip Morris International Stock Up 2.0%

NYSE PM opened at $186.38 on Tuesday. The company has a market cap of $290.14 billion, a price-to-earnings ratio of 25.64, a P/E/G ratio of 2.02 and a beta of 0.39. The business has a 50 day moving average price of $165.75 and a 200-day moving average price of $161.96. Philip Morris International has a 52 week low of $142.11 and a 52 week high of $188.35.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Friday, February 6th. The company reported $1.70 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The firm had revenue of $10.36 billion for the quarter, compared to analyst estimates of $10.40 billion. During the same period last year, the firm earned $1.55 earnings per share. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. 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, equities research analysts anticipate that Philip Morris International will post 7.14 earnings per share for the current year.

Institutional Trading of Philip Morris International

Several large investors have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC raised its stake in shares of Philip Morris International by 1.2% during the 2nd quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock worth $89,354,000 after buying an additional 5,681 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Philip Morris International by 10.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock worth $84,922,000 after purchasing an additional 51,399 shares during the last quarter. Dynasty Wealth Management LLC increased its stake in shares of Philip Morris International by 53.0% in the 3rd quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock worth $4,505,000 after acquiring an additional 9,622 shares during the last quarter. Westwood Holdings Group Inc. boosted its holdings in Philip Morris International by 295.8% in the 2nd quarter. Westwood Holdings Group Inc. now owns 67,717 shares of the company’s stock valued at $12,333,000 after purchasing an additional 50,610 shares during the last quarter. Finally, Prudential Financial Inc. grew its position in Philip Morris International by 88.9% in the second quarter. Prudential Financial Inc. now owns 2,138,118 shares of the company’s stock worth $389,415,000 after acquiring an additional 1,006,014 shares during the period. Institutional investors own 78.63% of the company’s stock.

Key Stories Impacting Philip Morris International

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

• Positive Sentiment: Company extends growth outlook as smoke‑free transition accelerates — management signaled stronger medium‑term growth tied to accelerated adoption of smoke‑free products, which supports the firm’s 2026 guidance and investor confidence. Philip Morris International Extends Growth Outlook As Smoke Free Shift Accelerates
• Positive Sentiment: Analyst upgrade and higher price target — Needham raised its price target to $205 and reiterated a buy rating, signaling upside from current levels and providing fresh analyst support. Needham price target raise
• Positive Sentiment: Morning commentary highlights a solid 2026 outlook — bullish analyst pieces argue PM combines steady cash flow with growth from smoke‑free products, offering a defensive growth profile attractive to investors. With a Solid 2026 Outlook, Is It Time to Buy Philip Morris International?
• Positive Sentiment: Investor access event scheduled (CAGNY) — management (CEO & CFO) will present at the CAGNY conference on Feb 18; the webcast gives analysts a forum for detailed questions on guidance and smoke‑free progress, which can reduce uncertainty. Philip Morris International to Present at 2026 CAGNY Conference
• Neutral Sentiment: High institutional ownership and sector positioning — institutional holders own ~83% of float, which can stabilize shares but also concentrate selling pressure; sector comparisons show PM has outperformed some staples peers YTD. 83% ownership article
• Neutral Sentiment: Relative performance analysis available — market commentary compares PM to consumer staples peers, useful for portfolio positioning but unlikely to move the stock alone. Zacks sector comparison
• Negative Sentiment: India maintains e‑cigarette ban, blocking heat‑not‑burn market expansion — New Delhi’s decision to keep its e‑cigarette ban prevents PM from selling heated tobacco products in a large market, representing a meaningful near‑term lost growth opportunity and a regulatory risk reminder. India sticks to e-cigarette ban in snub for Philip Morris India keeps its e-cigarette ban in a blow to Philip Morris Philip Morris CEO calls India’s e-cigarette ban ’illogical’

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.