Philip Morris stock rises to EUR 179.75 while volume is 54.3 percent below average
Published on 10/08/2026 at 19:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Philip Morris stock was trading at EUR 179.75 at Lang & Schwarz on October 8, 2026, up 4.87 percent versus the prior close.
- Volume of 2,127,584 shares was 54.3 percent below the average of 4,651,995 shares.
- The NYSE price was USD 201.91, with a 52-week range of USD 142.11 to USD 207.76.
- The average analyst target was USD 208.13, while the next earnings date was October 20, 2026.
Philip Morris stock (ISIN US7181721090) was trading at EUR 179.75 at Lang & Schwarz on October 8, 2026 at 7:15 p.m. CEST, up 4.87 percent versus the prior close of EUR 171.40 on October 7. Volume was 2,127,584 shares against an average of 4,651,995, leaving turnover 54.3 percent below its average.
Price sits below yearly high
The market report for the US-listed stock is anchored by a USD 201.91 price on the NYSE at 1:30 p.m. ET on October 8, 2026. That quote sat inside the 52-week range of USD 142.11 to USD 207.76, with the latest level 2.8 percent below the high.
The valuation picture adds a second layer to the move. Philip Morris had a market capitalization of USD 314.7 billion, a price-to-earnings ratio of 29.1, and a dividend yield of 3.0 percent as of October 8, 2026.
Smoke-free products remain central
Philip Morris states that smoke-free products generated 42 percent of total global net revenue in the first half of 2026. The company also reported more than 43 million estimated legal-age consumers of those products as of December 31, 2025, highlighting the scale of the transition beyond cigarettes.
For the second quarter of 2026, revenue was USD 11.19 billion and consolidated net income was USD 3.34 billion. Compared with the first quarter of 2026, revenue increased 10.3 percent and net income increased 11.8 percent, while diluted earnings per share rose from USD 1.56 to USD 1.80.
Comparison with peers
Philip Morris: plus 4.87 percent, P/E 29.1, market capitalization USD 314.7 billion
British American Tobacco (NYSE, USD): plus 2.81 percent, P/E 14.4, market capitalization USD 119.5 billion
Altria Group (NYSE, USD): plus 3.11 percent, P/E 15.1, market capitalization USD 119.5 billion
Target and earnings date
According to Investing.com on October 8, 2026, the average 12-month analyst target was USD 208.13 from 16 analysts, while the next earnings report was scheduled for October 20, 2026. Against the NYSE price of USD 201.91, that target lies 3.08 percent higher.
Philip Morris stock after hours
The Lang & Schwarz quote was an after-hours indication because its timestamp was 7:15 p.m. CEST, after the Xetra session. The euro price and the NYSE quotation therefore describe separate venues and currencies, while both point to a stock trading near its annual high.
The further course of trading is shown by the continuously updated real-time quote of Philip Morris stock.
Philip Morris stock at a glance
- Company: Philip Morris International Inc.
- ISIN: US7181721090
- Ticker: PM
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 8, 2026, 7:15 p.m. CEST: EUR 179.75
- Change versus prior close: plus 4.87 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 171.40
- Market capitalization: USD 314.7 billion as of October 8, 2026
- 52-week range: USD 142.11-207.76 as of October 8, 2026
- Sector / Industry: Consumer Non-Cyclicals / Food and Tobacco
- Next earnings date: October 20, 2026
Market context: Market report S&P 500.
