UBS raises target for Philip Morris stock from USD 182.00 to USD 193.00

Published on 10/06/2026 at 17:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Dividend rises to USD 1.60 per share on September 18, 2026. Philip Morris stock was last at EUR 167.96 on September 24, 2026.

Flatlay mit Aktienzertifikat, Karte mit ISIN-Nummer und getrockneten Tabakblättern auf Holztisch — Philip Morris Intl (ISIN US7181721090) Flatlay zeigt Aktienzertifikat, ISIN-Karte und getrocknete Tabakblätter auf Holztisch, Illustration mit AI erstellt.

Philip Morris International stock has a fresh analyst benchmark after UBS raised its price target from USD 182.00 to USD 193.00 while keeping a Neutral rating on September 23, 2026. The move follows second-quarter 2026 revenue of USD 11.19 billion and adjusted diluted earnings per share of USD 2.20.

UBS lifts the target

According to MarketScreener on September 23, 2026, UBS increased its Philip Morris International target to USD 193.00 from USD 182.00 and maintained its Neutral rating. The new target is USD 11.00 higher than the previous target, a 6.04 percent increase calculated against USD 182.00.

The target change arrived before Philip Morris International's next scheduled earnings date of October 21, 2026, according to Yahoo Finance. That date gives the market a defined checkpoint for testing whether the company's smoke-free growth can offset heavier investment in the United States.

Smoke-free sales drive growth

Philip Morris International reported second-quarter 2026 revenue of USD 11.19 billion, up 10.40 percent from the prior-year quarter, while adjusted diluted earnings per share increased 15.00 percent to USD 2.20. The figures came with organic net revenue growth of 7.60 percent and quarterly revenue above USD 11.00 billion for the first time, according to Philip Morris International.

The operating mix matters more than the headline revenue number. Smoke-free products generated 42.00 percent of total net revenue in the first half of 2026, while second-quarter smoke-free shipments rose 7.50 percent; e-vapor shipments increased 55.00 percent, according to the company's earnings-call materials. The United States remains the counter-factor because management plans higher second-half investment behind ZYN and portfolio expansion.

Dividend adds a second signal

On September 18, 2026, Philip Morris International increased its quarterly dividend from USD 1.47 to USD 1.60 per share, an 8.80 percent increase. The payment is scheduled for October 26, 2026, to shareholders of record on October 2, 2026, as Finanznachrichten reported. The annualized rate is now USD 6.40 per share, adding shareholder returns to the company's smoke-free investment story.

Tradegate quote predates the session

Philip Morris International was last at EUR 167.96 on Tradegate on September 24, 2026 at 7:30 a.m. CEST. Price source: substitute price Tradegate, Lang & Schwarz without data set.