Goldman Sachs Reaffirms Their Buy Rating on Philip Morris (PM)

In a report released yesterday, Bonnie Herzog from Goldman Sachs reiterated a Buy rating on Philip Morris, with a price target of $205.00. The company’s shares closed yesterday at $157.33.

End of Quarter Sale - 50% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

According to TipRanks, Herzog is a 4-star analyst with an average return of 5.2% and a 55.75% success rate. Herzog covers the Consumer Defensive sector, focusing on stocks such as Constellation Brands, Monster Beverage, and Philip Morris.

Philip Morris has an analyst consensus of Moderate Buy, with a price target consensus of $197.86, which is a 25.76% upside from current levels. In a report released on March 20, Barclays also reiterated a Buy rating on the stock with a $205.00 price target.

Based on Philip Morris’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $10.36 billion and a net profit of $2.14 billion. In comparison, last year the company earned a revenue of $9.71 billion and had a GAAP net loss of $579 million

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PM in relation to earlier this year. Most recently, in February 2026, Wilde Frederic De, the CEO PMI International of PM sold 21,000.00 shares for a total of $3,834,270.00.