Philip Morris stock holds near $182 after strong Q2

Published on 09/06/2026 at 11:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Philip Morris stock trades near $182.53 as of September 5, 2026, after Q2 revenue reached $11.19 billion and EPS came in at $2.20.

Arbeiter sortieren grüne Tabakblätter an Förderband einer unbeschrifteten Anlage bei Sonnenaufgang — Philip Morris Intl (ISIN US7181721090) zeigt Arbeiter an Förderband einer Tabakverarbeitungsanlage bei Sonnenaufgang, Illustration mit AI erstellt.

Philip Morris (US7181721090) stock traded at $182.53 on September 5, 2026, with a market capitalization of $284.46 billion and a 52-week range of $142.11 to $207.76. The move keeps the shares near the upper half of the yearly band while investors weigh the latest quarter.

Q2 delivered more revenue

According to MarketBeat, Philip Morris reported quarterly revenue of $11.19 billion and EPS of $2.20 for the latest reported quarter. Revenue rose 10.4 percent year over year, while EPS improved from $1.89 in the same period a year earlier.

The same report said analysts expected $10.60 billion in revenue and $2.05 EPS, so the company beat both lines by $590 million and $0.15 per share. Philip Morris also set Q3 2026 guidance at $2.20 to $2.25 EPS, which gives the market a fresh benchmark for the next quarter.

The stock still prices in growth

MarketBeat put the consensus rating at Moderate Buy with an average price target of $205.89, while Robinhood showed a market value of $284.46 billion and volume of 3.1 million shares for the latest quote snapshot. That leaves the stock above $180, but still below the 52-week high of $207.76.

Go deeper

Philip Morris results and market data

The latest quarter combined higher sales, stronger EPS and a higher guidance range, while the share price remained below the yearly peak.

Philip Morris overview

Smoke-free products stay central

Philip Morris said in the latest quarter that smoke-free products continued to support the business mix, and that remains the key product story for investors. The current quarter numbers matter because they show how much the non-combustible portfolio is still driving reported growth.

Closing price check

Philip Morris stock stood at $182.53 on September 5, 2026, after trading between $182.23 and $185.97 that day. The market capitalization was $284.46 billion, and the shares were still below the 52-week high of $207.76.