Philip Morris stock: Bank of America reaffirms USD 211.00 target for Philip Morris stock

Published on 10/19/2026 at 16:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Smoke-free sales were 42 percent of first-half 2026 revenue. Philip Morris stock costs EUR 180.34 on October 19, 2026, down 0.91 percent versus the Xetra close.

Analyst target and valuation

Bank of America Securities reaffirmed its USD 211.00 target on October 9, 2026.
Smoke-free products generated 42 percent of revenue in the first half of 2026.
Philip Morris stock traded at EUR 180.34 at Lang & Schwarz on October 19, 2026, 0.91 percent below the Xetra close of October 16, 2026.
Philip Morris had a price-to-earnings ratio of 29.04 and market capitalization of USD 315.3 billion on October 19, 2026.

Trading-Floor der NYSE mit Händlern und Bildschirmen zum Konsumgütersektor-Kürzel XLP — Philip Morris Intl (ISIN US7181721090) Börsen-Editorial zeigt NYSE-Handelssaal mit Konsumgüter-Sektor-Kürzel auf Bildschirmen, Illustration mit AI erstellt.

Bank of America Securities reaffirmed a Buy rating and a USD 211.00 price target for Philip Morris International on October 9, 2026, according to Business Insider. The target was 4.30 percent above the USD 202.29 primary-market price available at the time of this report. At Lang & Schwarz, Philip Morris stock was trading at EUR 180.34 on October 19, 2026 at 4:30 p.m. CEST, 0.91 percent below the Xetra close of October 16, 2026 at EUR 182.00.

Smoke-free revenue reaches 42 percent

Smoke-free products accounted for 42 percent of Philip Morris International's total revenue in the first half of 2026. The company also reported more than 43 million estimated legal-age consumers of smoke-free products as of December 31, 2025, across 109 markets. These figures come from Philip Morris.

Stock stays below the yearly high

The primary-market quote stood at USD 202.29 on October 19, 2026 at 10:33 a.m. EDT. That placed the stock inside its USD 142.11 to USD 210.45 52-week range and 3.88 percent below the high. Trading volume was 577,162 shares against an average volume of 4,684,121 shares. The euro quotation therefore sits below the Xetra close even as the US listing remains near its yearly peak.

Valuation and reporting date

Philip Morris carried a market capitalization of USD 315.3 billion, a price-to-earnings ratio of 29.04 and a dividend yield of 3.00 percent on October 19, 2026. The next earnings report was scheduled for October 20, 2026, before the US market opened, with consensus earnings per share of USD 2.31, according to Metacap.

Comparison with peers

As of October 19, 2026:

Philip Morris: minus 0.91 percent, P/E 29.04, market capitalization USD 315.3 billion
Altria (NYSE, USD): minus 1.01 percent, P/E 15.66, market capitalization USD 124.1 billion
British American Tobacco (NYSE, USD): minus 1.82 percent, P/E 15.23, market capitalization USD 126.7 billion

The euro quote and trading base

The Xetra comparison places the Lang & Schwarz quotation EUR 1.66 below the reference close used for this report. The spread between Philip Morris and its two tobacco peers is clearest in valuation: its price-to-earnings ratio is above both peer readings.

At Lang & Schwarz, Philip Morris stock was trading at EUR 180.34 on October 19, 2026 at 4:30 p.m. CEST, 0.91 percent below the Xetra close of October 16, 2026 at EUR 182.00. The further course of trading is shown by the continuously updated real-time quote of Philip Morris stock.