Philip Morris stock rises 1.11 percent ahead of Q3 results
Published on 10/06/2026 at 18:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Philip Morris (ISIN US7181721090) was trading at USD 191.64 on the NYSE on October 6, 2026, up 1.11 percent from the previous close. The next company checkpoint is the third-quarter report scheduled for October 20, 2026, according to Barchart.
Revenue growth sets the benchmark
Philip Morris reported second-quarter 2026 revenue of USD 11.19 billion, a 10.4 percent increase from the prior-year quarter, according to Barchart in its September 22, 2026 report. Adjusted diluted EPS rose 15.2 percent to USD 2.20, while smoke-free revenue accounted for 42 percent of total sales in the quarter.
The operating mix is central to the upcoming report. PMI said its smoke-free business represented 42 percent of total global net revenue in the first half of 2026, a measure that includes products such as IQOS and ZYN, according to the company's investor information published on Philip Morris.
Dividend adds an income angle
Philip Morris raised its quarterly dividend to USD 1.60 from USD 1.47, an 8.8 percent increase announced on September 18, 2026. The company said the annualized payout is USD 6.40 per share and set October 26, 2026, as the payment date for shareholders of record on October 2, according to its Philip Morris release.
The payout increase gives the stock a second earnings-related reference point, but the October report will show whether double-digit revenue and adjusted EPS growth carried into the September quarter. Barchart cites a consensus estimate of USD 2.34 adjusted EPS for Q3 2026, compared with USD 2.24 in the year-earlier quarter.
Analysts see room above USD 200
The analyst consensus on Investing.com is Buy, based on 16 analysts, with 12 Buy ratings, 4 Holds and 0 Sells. The average 12-month target is USD 208.13, with a high target of USD 230 and a low target of USD 175, according to Investing.com.
That average target sits above the October 6 price, while the 52-week high of USD 207.76 remains above the current level. The difference leaves the coming earnings release as the next concrete test of the valuation and the smoke-free growth strategy.
Philip Morris stock trades below its yearly high
Philip Morris stock was last at USD 191.64 on the NYSE on October 6, 2026, at 12:19 p.m. ET, with a 52-week range of USD 142.11 to USD 207.76.
Philip Morris stock facts
- Company: Philip Morris International Inc.
- ISIN: US7181721090
- Ticker: PM
- Trading venue: NYSE
- Price (as of October 6, 2026, 12:19 p.m. ET): USD 191.64
- Market capitalization: USD 298.7 billion (as of October 6, 2026)
- 52-week range: USD 142.11-207.76
- Sector / Industry: Consumer Defensive / Tobacco
Upcoming dates for Philip Morris stock
- October 20, 2026: Third-quarter 2026 results
- October 26, 2026: Quarterly dividend payment
