Philip Morris International Inc. (PM)
NYSE: PM · IEX Real-Time Price · USD
99.73
-0.10 (-0.10%)
May 20, 2024, 3:12 PM EDT - Market open
PM Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for PM stock have an average target of 103.78, with a low estimate of 86.5 and a high estimate of 117. The average target predicts an increase of 4.06% from the current stock price of 99.73.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PM stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 4 | 4 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 10 | 10 | 11 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $108 → $115 | Strong Buy | Maintains | $108 → $115 | +15.31% | Apr 24, 2024 |
| Argus Research | Argus Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 5, 2024 |
| Societe Generale | Societe Generale | Strong Sell → Hold Upgrades $88 | Strong Sell → Hold | Upgrades | $88 | -12.26% | Feb 13, 2024 |
| UBS | UBS | Strong Buy → Strong Sell Downgrades $105 → $87 | Strong Buy → Strong Sell | Downgrades | $105 → $87 | -13.27% | Jan 23, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $110 → $115 | Buy | Maintains | $110 → $115 | +15.31% | Nov 29, 2023 |
Financial Forecast
Revenue This Year
38.36B
from 35.17B
Increased by 9.05%
Revenue Next Year
40.83B
from 38.36B
Increased by 6.44%
EPS This Year
6.59
from 5.02
Increased by 31.35%
EPS Next Year
7.24
from 6.59
Increased by 9.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.6B | 43.0B | 46.4B | 48.7B | 53.5B |
| Avg | 38.4B | 40.8B | 43.6B | 44.8B | 47.6B |
| Low | 36.0B | 37.9B | 39.0B | 39.8B | 40.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.4% | 12.0% | 13.7% | 11.6% | 19.5% |
| Avg | 9.1% | 6.4% | 6.9% | 2.7% | 6.1% |
| Low | 2.2% | -1.2% | -4.6% | -8.7% | -9.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.81 | 7.71 | 8.62 | 9.17 | 10.34 |
| Avg | 6.59 | 7.24 | 8.02 | 8.15 | 8.99 |
| Low | 6.19 | 6.66 | 7.19 | 6.95 | 7.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 35.7% | 16.9% | 19.1% | 14.4% | 26.8% |
| Avg | 31.3% | 9.8% | 10.7% | 1.7% | 10.3% |
| Low | 23.4% | 1.1% | -0.7% | -13.3% | -8.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.