Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Philip Morris ( (PM) ) has provided an announcement.
Philip Morris International held its 2026 virtual Annual Meeting of Shareholders on May 6, 2026, where Chairman André Calantzopoulos addressed investors and CEO Jacek Olczak highlighted strong 2025 results, including annual net revenues above $40 billion and nearly $17 billion from smoke-free products. Management emphasized a robust start to 2026, five consecutive years of smoke-free volume growth, significant margin expansion and a continued commitment to best-in-class growth and shareholder returns.
Roughly 81% of shares entitled to vote were represented, with shareholders electing ten directors, approving on an advisory basis the compensation of named executive officers and ratifying PricewaterhouseCoopers SA as independent auditors. Investors rejected a shareholder proposal, while PMI pointed to resilient performance despite economic uncertainty, geopolitical tensions and regulatory headwinds, reinforcing its confidence in sustaining growth and advancing its transition toward smoke-free products.
The most recent analyst rating on (PM) stock is a Buy with a $205.00 price target. To see the full list of analyst forecasts on Philip Morris stock, see the PM Stock Forecast page.
Spark’s Take on PM Stock
According to Spark, TipRanks’ AI Analyst, PM is a Neutral.
PM scores well on profitability and cash generation, and the latest earnings call reinforced a credible growth and margin outlook led by smoke-free momentum. However, the persistently weak balance sheet (negative equity and higher debt) is a meaningful constraint, while technical signals are mixed and valuation looks only moderately attractive given the ~26.5 P/E despite a ~3.47% yield.
To see Spark’s full report on PM stock, click here.
More about Philip Morris
Philip Morris International is a leading international consumer goods company focused on tobacco and nicotine, with a portfolio spanning cigarettes and smoke-free products such as heat-not-burn devices, nicotine pouches and e‑vapor. Its smoke-free products, sold in more than 105 markets and used by an estimated 43 million legal-age consumers as of December 31, 2025, generated 43% of PMI’s first-quarter 2026 net revenues, underscoring its strategic pivot toward a smoke-free future.
Average Trading Volume: 4,982,407
Technical Sentiment Signal: Strong Buy
Current Market Cap: $263.7B
For an in-depth examination of PM stock, go to TipRanks’ Overview page.