Technical Analysis: PM's stock shows strong bullish momentum with RSI-14 at 83.07, indicating overbought conditions. The stock is trading well above all major moving averages (SMA 5, 10, 20, 60, 200), suggesting a robust uptrend .
Price Targets for Next Week (Feb 18-23, 2025):
Recent Performance & News Impact:
Price Prediction: Based on technical indicators and recent positive earnings momentum, PM is expected to test the Fibonacci R2 level at $154.87 next week. The stock's strong RSI and positive MACD (6.79) suggest continued upward momentum, though some consolidation may occur due to overbought conditions.
Trading Recommendation: HOLD/SELL
The stock is likely to experience some profit-taking after recent strong gains, making current levels more suitable for profit-taking rather than new entries.
The price of PM is predicted to go up -13.25%, based on the high correlation periods with NATH. The similarity of these two price pattern on the periods is 99.15%.
PM
NATH
Year
PM Price Forecast($)
Potential Return(%)
2025
122.130
0.090
2026
145.000
11.370
2027
160.000
22.890
2028
175.000
34.410
2029
180.000
38.250
2030
180.000
38.250
With 23% global market share (excluding the US and China), Philip Morris is the world's largest publicly traded tobacco company by volume. Its scale, customer loyalty to Marlboro, and addictive products give it meaningful pricing power.
Successful commercialization of iQOS in the US is not being priced into the stock and would represent an entirely incremental volume for PMI, which generates limited sales in the US.
Cigarette loyalty tends to be strongest in the highest-price segments, and with its positioning skewed to premium brands, PMI is among the best positioned to benefit.
Morgan Stanley
2025-01-16
Price Target
$140
Upside
+16.86%
Barclays
2025-01-08
Price Target
$155 → $145
Upside
+18.99%
Citigroup
2024-10-08
Price Target
$119 → $132
Upside
+11.13%