PM

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ZYN shipments +18% YoY in Q4 + 2026 EPS guidance $8.38-$8.53 → +13% YTD

Philip Morris International has started 2026 with shares up more than 13% year-to-date, after reaffirming its 2026 full-year adjusted diluted EPS forecast of $8.38–$8.53 (11–13% growth) at the February CAGNY Conference. ZYN nicotine pouch U.S. shipments climbed 20% in Q4, while heated tobacco unit volumes rose 7.5% to 39.4 billion units. Argus raised its price target to $210 from $190 and Barclays raised to $205 from $180; the stock trades near $174 with a $1.47 quarterly dividend declared for April 13 payment.