Philip Morris raises per-share outlook: Philip Morris stock gains 1.47 percent

Published on 10/07/2026 at 15:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Outlook is USD 8.35-8.50 per share for fiscal 2026. Philip Morris stock costs EUR 171.20 on October 7, 2026, versus EUR 168.72, plus 1.47 percent.

Arbeiter sortieren grüne Tabakblätter an Förderband einer unbeschrifteten Anlage bei Sonnenaufgang — Philip Morris Intl (ISIN US7181721090) zeigt Arbeiter an Förderband einer Tabakverarbeitungsanlage bei Sonnenaufgang, Illustration mit AI erstellt.

Philip Morris International (ISIN US7181721090) was trading at EUR 171.20 at Lang & Schwarz on October 7, 2026 at 3:11 p.m. CEST, plus 1.47 percent versus the prior close of EUR 168.72. On September 8, 2026, the company raised its 2026 adjusted diluted earnings per share forecast from USD 8.26-8.41 to USD 8.35-8.50, according to MarketWatch.

Higher outlook before results

The revised adjusted forecast represents growth of 10.7 percent to 12.7 percent versus USD 7.54 in fiscal 2025. Philip Morris also set its third-quarter adjusted diluted earnings per share forecast at USD 2.29-2.34, with the updated currency assumption adding USD 0.01 per share.

The change arrived ahead of the next quarterly report. The company's second-quarter 2026 revenue was USD 11.2 billion, up 10.4 percent year over year, while adjusted earnings per share increased 15.2 percent, according to Yahoo Finance.

Smoke-free sales shape valuation

Smoke-free products accounted for 42 percent of second-quarter 2026 total revenue. PMI's homepage also reports that smoke-free products generated 42 percent of global net revenue in the first half of 2026, while the portfolio reached 109 markets.

That mix is central to the earnings story because it links revenue growth with the company's long-term shift beyond combustible cigarettes. The same second-quarter update put smoke-free revenue growth at 11.7 percent, giving investors a concrete operating measure alongside the higher forecast.

Analyst target moves higher

On September 23, 2026, UBS maintained a Neutral rating and raised its price target from USD 182.00 to USD 193.00, as shown on the Yahoo Finance quote page. The target change provides a counterweight to the stock's recent rise, while the October earnings date remains the next major company-specific event.

Stock trades above prior close

Philip Morris stock was trading at EUR 171.20 at Lang & Schwarz on October 7, 2026 at 3:11 p.m. CEST, plus 1.47 percent versus the Lang & Schwarz prior close of EUR 168.72 on October 6, 2026. On the NYSE, the primary listing is quoted in USD; the latest finance data showed a 52-week range of USD 142.11-207.76 and market capitalization of USD 296.8 billion as of October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Philip Morris stock.