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Philip Morris ( (PM) ) has provided an update.
On February 18, 2026, Philip Morris International said its CEO Jacek Olczak and CFO Emmanuel Babeau would present at the Consumer Analyst Group of New York Conference, outlining how the transformed group is navigating an evolving operating environment and scaling its smoke-free brands. The company also highlighted its focus on shareholder value, including 2026–2028 growth targets, underlining its strategic push to consolidate leadership in next-generation nicotine products.
At the event, PMI reaffirmed its 2026 full-year reported diluted EPS forecast of $7.87 to $8.02 announced on February 6, with adjusted diluted EPS seen between $8.38 and $8.53, implying 11.1% to 13.1% growth versus $7.54 in 2025. Excluding a favorable $0.27 currency impact per share, the company projects adjusted EPS growth of 7.5% to 9.5%, signaling confidence in its earnings trajectory despite ongoing regulatory, litigation and macroeconomic risks flagged in its cautionary statements.
The most recent analyst rating on (PM) stock is a Buy with a $210.00 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 Outperform.
The score is driven primarily by strong profitability and cash generation, reinforced by upbeat 2026 guidance and continued smoke-free momentum. These positives are tempered by balance-sheet risk (negative equity and high debt), overbought technical signals, and a valuation that looks premium versus the dividend yield.
To see Spark’s full report on PM stock, click here.
More about Philip Morris
Philip Morris International Inc. is a global tobacco company listed on the NYSE that has been transforming its portfolio toward smoke-free products. The group focuses on reduced-risk nicotine alternatives and aims to lead the industry’s shift away from traditional combustible cigarettes while targeting superior returns for shareholders.
Average Trading Volume: 5,805,998
Technical Sentiment Signal: Buy
Current Market Cap: $291.9B
Find detailed analytics on PM stock on TipRanks’ Stock Analysis page.