Bank of America reaffirmed its Buy rating for Philip Morris stock
Published on 10/14/2026 at 12:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and operating mix
- Bank of America Securities reaffirmed its Buy rating with a USD 211.00 target on October 9, 2026.
- Smoke-free products generated 42 percent of global net revenue in the first half of 2026.
- Philip Morris stock was at EUR 179.52 at 12:09 p.m. CEST at Lang & Schwarz on October 14, 2026.
Philip Morris International (ISIN US7181721090) was at EUR 179.52 at Lang & Schwarz on October 14, 2026 at 12:09 p.m. CEST. On October 9, 2026, Bank of America Securities reaffirmed its Buy rating and set a USD 211.00 price target, according to Markets Insider.
Three dates shape the setup
On July 22, 2026, Philip Morris reported second-quarter revenue of USD 11.19 billion, up 10.40 percent from the prior year, while quarterly earnings per share reached USD 2.20 against a USD 2.05 consensus estimate, according to MarketBeat.
On October 9, 2026, Bank of America Securities kept its Buy rating and cited a USD 211.00 target, according to Markets Insider. On October 21, 2026, Philip Morris is scheduled to report third-quarter results, with analysts expecting USD 2.29 earnings per share and USD 11.32 billion in revenue, according to MarketBeat.
What supports the smoke-free shift?
Philip Morris said smoke-free products contributed 42 percent of global net revenue in the first half of 2026 and reached more than 43 million estimated legal-age consumers as of December 31, 2025, according to Philip Morris International. That mix gives the upcoming results a clear operating test: revenue growth must continue while the company expands reduced-risk products across 109 markets.
Results and dividend dates
The October 21 report is the next scheduled results date. The company also plans to pay a quarterly dividend of USD 1.60 on October 26, 2026, compared with USD 1.47 previously, according to MarketBeat. The payment schedule adds an income element to an earnings week already centered on smoke-free growth and the outlook for 2026.
Price and the next catalyst
Philip Morris stock was trading at EUR 179.52 at Lang & Schwarz on October 14, 2026 at 12:09 p.m. CEST. The primary listing is on the NYSE, where the finance quote showed USD 199.29 at the October 13, 2026 session timestamp; the same quote put the 52-week range at USD 142.11 to USD 207.76 and market capitalization at USD 310.6 billion.
The further course of trading is shown by the continuously updated real-time quote of Philip Morris stock.
Philip Morris stock facts
- Company: Philip Morris International Inc.
- ISIN: US7181721090
- Ticker: PM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 14, 2026, 12:09 p.m. CEST): EUR 179.52
- Market capitalization: USD 310.6 billion (as of October 13, 2026)
- 52-week range: USD 142.11-207.76 (as of October 13, 2026)
- Sector / Industry: Consumer Defensive / Tobacco
Market context: Market report S&P 500.
