Philip Morris stock trades at EUR 178.96 with volume 70.2 percent below average

Published on 10/09/2026 at 19:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 10.40 percent to USD 11.19 billion. Philip Morris stock costs EUR 178.96 on October 9, 2026 versus EUR 179.48.

Key points in brief

Philip Morris stock was at EUR 178.96 at Lang & Schwarz on October 9, 2026, down 0.29 percent versus the prior close.
Trading volume of 1,387,656 shares was 70.21 percent below the 4,658,668-share average.
Second-quarter 2026 revenue rose 10.40 percent year over year to USD 11.19 billion.
The stock's USD 312.2 billion market capitalization and 28.77 price-to-earnings ratio place valuation alongside Altria and British American Tobacco.

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Philip Morris stock was at EUR 178.96 at Lang & Schwarz on October 9, 2026 at 7:18 p.m. CEST, down 0.29 percent versus the prior close of EUR 179.48. Trading volume stood at 1,387,656 shares, 70.21 percent below the 4,658,668-share average.

Intraday range stays defined

The primary-market quote was USD 200.31 at 1:22 p.m. EDT on October 9, 2026, with a session range of USD 198.85 to USD 201.17. The 52-week range extended from USD 142.11 to USD 207.76, putting the primary-market quote 3.59 percent below its yearly high.

For German investors, the Lang & Schwarz quote was already in the after-hours phase because the Xetra session had ended. The euro price therefore provides the local trading reference, while the NYSE quote gives the home-market context in USD.

Second-quarter growth remains measurable

MarketBeat reported that revenue reached USD 11.19 billion in the second quarter of 2026, up 10.40 percent from the year-earlier quarter. Net income for that quarter was USD 2.82 billion, while quarterly earnings per share reached USD 2.20 against a consensus estimate of USD 2.05.

That revenue comparison is the key operating counterweight to the subdued euro-session move. Philip Morris is expanding smoke-free products while retaining its traditional tobacco portfolio, a combination reflected in the latest revenue growth and the company's stated business model.

Comparison with peers

Philip Morris: minus 0.29 percent, P/E 28.77, market capitalization USD 312.2 billion.
Altria (NYSE, USD): plus 0.64 percent, P/E 15.16, market capitalization USD 120.0 billion.
British American Tobacco (NYSE, USD): plus 0.14 percent, P/E 14.46, market capitalization USD 119.7 billion.

Valuation and next date

Philip Morris carried a market capitalization of USD 312.2 billion, a price-to-earnings ratio of 28.77 and a trailing dividend yield of 3.00 percent on October 9, 2026. The comparison with Altria and British American Tobacco highlights the higher earnings multiple attached to Philip Morris in the quoted US market data.

According to MarketBeat on October 9, 2026, the average 12-month target was USD 207.00, while UBS had lifted its target from USD 182.00 to USD 192.00 in a September 23, 2026 note. Investing.com lists October 20, 2026 as the next earnings date.

Price remains the market signal

Philip Morris stock was at EUR 178.96 at Lang & Schwarz on October 9, 2026 at 7:18 p.m. CEST, down 0.29 percent from the EUR 179.48 prior close dated October 8, 2026. The euro quote sat below the USD 207.76 yearly high in the separate NYSE quotation, so the two currencies should not be combined in one performance calculation. The further course of trading is shown by the continuously updated real-time quote of Philip Morris stock.