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Model output · Signal date 2026-10-16

Philip Morris International Inc. (PM) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE

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Rating · 90D ▼ Bearish Exact rating locked
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage Bottom 35% of 5184 stocks scored
Rank correlation · 90D 45.0% Spearman, 357 dates
Market Cap $319.83B mega-cap · #1 of 5 peers
Summary

Philip Morris International Inc. (PM) stock forecast summary

Our AI ranks Philip Morris International Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

Philip Morris International Inc. is a mega-cap company with a market capitalization of $319.83B. It ranks number 1 by market capitalization among the 5 Cigarettes issuers in our coverage with a current forecast.

For PM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 45.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 27.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, PM included.

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Price

PM price chart and AI forecast

PM
Cross-section · 2026-10-16

How PM ranks among 5184 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

Philip Morris International Inc. (PM) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Cigarettes peers listed below that report each metric.

Valuation & Market

MetricPMIndustry medianRank
Market Cap $319.83B $125.41B 1/5
P/E Ratio 29.53x – –
Dividend Yield 2.82% – –
EPS $6.95 – –
Revenue/Share $27.30 – –
FCF/Share $8.16 – –

Profitability & Margins

MetricPMIndustry medianRank
ROA 15.9% – –
ROIC 38.5% 23.3% 2/5
Gross Margin 67.5% – –
Operating Margin 37.8% 29.1% 2/5
Net Margin 25.6% – –
EBT Margin 35.2% 32.4% 2/5
Tax Rate 20.4% – –

Financial Health

MetricPMIndustry medianRank
Current Ratio 0.98x 0.98x 3/5
Quick Ratio 0.55x 0.57x 4/5
Interest Coverage 2.0x – –
Working Capital -$536M -$536M 3/5

Cash Flow

MetricPMIndustry medianRank
Operating Cash Flow $14.26B $9.41B 2/5
Free Cash Flow $12.72B $9.11B 2/5
Capital Spending -$1.54B -$296M 4/5
OCF Growth YoY 37.1% – –
FCF Growth YoY 41.5% – –
FCF/Sales 29.9% 27.3% 2/5
CapEx/Sales 3.6% 1.7% 1/5

Operational Efficiency

MetricPMIndustry medianRank
Asset Turnover 0.62x 0.69x 4/5
Receivables Turnover 8.2x 8.2x 3/5
Inventory Turnover 1.2x – –
Fixed Assets Turnover 5.1x – –
Days Sales Outstanding 44 days 44 days 3/5
Days Inventory 302 days – –
Payables Period 104 days – –
Cash Conversion Cycle 243 days – –

Income Statement

MetricPMIndustry medianRank
Total Revenue $42.55B $23.46B 2/5
Operating Income $16.06B $10.97B 2/5
Net Income $10.87B – –
Cost of Goods Sold $13.82B – –

Dividend & Shareholder Information

MetricPMIndustry medianRank
Dividends Per Share $5.78 – –
Payout Ratio 83.2% – –
Shares Outstanding 1559M – –
Net Income Growth 32.1% – –
EPS Growth 31.9% – –

Balance Sheet Highlights (USD millions)

Total Current Assets$26.01B38.1% of assets
Cash & Short-term Investments$6.00B8.8% of assets
Accounts Receivable$5.18B7.6% of assets
Inventory$11.44B16.8% of assets
Total Liabilities$74.93B
Short-term Debt$22.62B33.1% of assets
Quarterly Financial Reports

PM quarterly financials and insider trading

Industry Peers · Cigarettes

Philip Morris International Inc. (PM) industry peers

Companies classified under the same SEC industry code as Philip Morris International Inc. (Cigarettes): 5 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
PM Philip Morris International Inc. ▼ $319.83B 29.5x –
BTI British American Tobacco P.L.C. ▼ $129.90B 5.1x –
MO Altria Group, Inc. ▶ $125.41B 14.0x –
ISPR Ispire Technology Inc. ▲ $78M – –
XXII 22nd Century Group, Inc. ▼ $70K – –

Where PM sits on the market map

Manufacturing · Cigarettes
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News

Philip Morris International Inc. (PM) stock news

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FAQ

Philip Morris International Inc. (PM) stock forecast FAQ

What is the Philip Morris International Inc. (PM) stock forecast?

Our AI ranks Philip Morris International Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

How accurate are Philip Morris International Inc. stock predictions?

For PM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 45.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 27.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Philip Morris International Inc. forecasts updated?

Philip Morris International Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are Philip Morris International Inc.'s industry peers?

5 issuers in our coverage, PM included, share the SEC industry code Cigarettes. The largest are: British American Tobacco P.L.C. (BTI), Altria Group, Inc. (MO), Ispire Technology Inc. (ISPR), 22nd Century Group, Inc. (XXII).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.