Philip Morris International Inc. Ranks 47th in Market Activity with $1.318 Billion Trading Volume

On April 25, 2025, Philip Morris International Inc. (PM) closed with a trading volume of $1.318 billion, ranking 47th in the day's market activity. The stock rose by 0.10%, marking its fourth consecutive day of gains, with a total increase of 4.97% over the past four days.

Philip Morris International Inc. (PM) reported robust Q1 2025 results, driven by significant gains in its smoke-free business and adjusted earnings per share (EPS), despite currency headwinds. The company's revenue grew by 5.8% year over year, reaching $9.3 billion, with a notable contribution from its smoke-free product segment.

Morgan Stanley raised its price target for Philip Morris to $182 from $156, maintaining an Overweight rating on the shares. This adjustment reflects the firm's confidence in the company's continued growth potential, particularly in its smoke-free product segment.

UBS upgraded Philip Morris to Neutral from Sell, with a price target of $170, up from $130. The firm increased its estimates following the company's strong Q1 performance and upward adjustment in future guidance. UBS highlighted Philip Morris's resilient operational performance and its strong position in the smoke-free product segment.

Philip Morris's Q1 2025 results showed a 24.6% increase in reported diluted earnings per share. The company's smoke-free business revenue grew by 20%, with shipment volumes up 14.4% year over year. ZYN shipments in the US increased by 53%, and IQOS delivered close to 10% HTU-adjusted IMS growth, with strong performance in Japan and Europe.

The company achieved a 16% organic operating income growth and a 250 basis points expansion in adjusted operating income margins to 40.7%. However, currency volatility led to a $0.07 unfavorable currency variance, impacting adjusted diluted EPS. Additionally, the company faced challenges such as a negative geographic mix in combustibles and the annualization impact of the EU characterizing flavor ban on IQOS growth in Europe.