An update from Philip Morris ( (PM) ) is now available.
On May 7, 2025, Philip Morris International Inc. held its 2025 Virtual Annual Meeting of Shareholders, where Chairman André Calantzopoulos and CEO Jacek Olczak discussed the company’s excellent performance in 2024 and a strong start to 2025. They highlighted PMI’s achievements in its smoke-free journey, including reaching $15 billion in net revenues from smoke-free products, and the company’s commitment to sustainable growth and shareholder returns. The meeting also saw the election of 11 directors and the approval of executive compensation and auditors. PMI continues to advance its multicategory strategy with leading brands like IQOS, ZYN, and VEEV, reinforcing its position as a global smoke-free champion.
Spark’s Take on PM Stock
According to Spark, TipRanks’ AI Analyst, PM is a Outperform.
Philip Morris holds a strong position with robust profit margins and cash flow generation. The positive momentum in technical indicators and strategic focus on smoke-free products further bolster its outlook. However, high leverage and valuation concerns temper the score, requiring cautious optimism.
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 delivering a smoke-free future. The company primarily offers cigarettes and smoke-free products, such as heat-not-burn, nicotine pouches, and e-vapor products. As of December 31, 2024, PMI’s smoke-free products were available in 95 markets, with an estimated 38.6 million adult users globally. The smoke-free segment accounted for 42% of PMI’s total net revenues in the first quarter of 2025.
Average Trading Volume: 6,790,823
Technical Sentiment Signal: Buy
Current Market Cap: $271B
For detailed information about PM stock, go to TipRanks’ Stock Analysis page.