PM Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for PM stock have an average target of 196.89, with a low estimate of 168 and a high estimate of 210. The average target predicts an increase of 8.92% from the current stock price of 180.77.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$168	$196.89	$200	$210
Change	-7.06%	+8.92%	+10.64%	+16.17%

Analyst Ratings

The average analyst rating for PM stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	8	8	8	7	7	7
Buy	5	5	5	4	4	4
Hold	4	4	5	5	4	4
Sell	1	1	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	18	18	16	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Dara Mohsenian Morgan Stanley	Morgan Stanley	Buy Reiterates $190 → $200	Buy	Reiterates	$190 → $200	+10.64%	Jun 22, 2026
Pallav Mittal Barclays	Barclays	Buy Reiterates $205	Buy	Reiterates	$205	+13.40%	Jun 9, 2026
Lisa Lewandowski Bank of America Securities	Bank of America Securities	Buy Reiterates $209	Buy	Reiterates	$209	+15.62%	Jun 3, 2026
Bonnie Herzog Goldman Sachs	Goldman Sachs	Buy Reiterates $205	Buy	Reiterates	$205	+13.40%	May 21, 2026
Callum Elliott Bernstein	Bernstein	Hold Maintains n/a	Hold	Maintains	n/a	n/a	May 12, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

43.46B

from 40.65B

6.93%

from 40.65B

Revenue Next Year

46.19B

from 43.46B

6.26%

from 43.46B

EPS This Year

8.42

from 7.54

11.61%

from 7.54

EPS Next Year

9.12

from 8.42

8.43%

from 8.42

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	31.41B	31.76B	35.17B	37.88B	40.65B	43.46B	46.19B
Revenue Growth	9.45%	1.14%	10.74%	7.69%	7.31%	6.93%	6.26%
EPS	5.83	5.81	5.02	4.52	7.26	7.89	8.74
EPS Growth	12.98%	-0.34%	-13.60%	-9.96%	60.62%	8.73%	10.71%
Forward PE	-	-	-	-	-	22.90	20.68
No. Analysts	-	-	-	-	-	13	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	43.9B	48.2B
Avg	43.5B	46.2B
Low	43.1B	45.2B

Revenue Growth

Revenue Growth	2026	2027
High	8.1%	11.0%
Avg	6.9%	6.3%
Low	6.0%	4.0%

EPS Forecast

EPS	2026	2027
High	8.45	9.45
Avg	8.42	9.12
Low	8.37	8.42

EPS Growth

EPS Growth	2026	2027
High	12.1%	12.3%
Avg	11.6%	8.4%
Low	11.1%	0.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.