Market strategists place Philips stock price forecast in the “accumulate” zone, supported by a forward P/E of 17.5x and attractive dividend yield of 2.8% in the current interest rate cycle. With a 41% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Koninklijke Philips. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. Firefly strengthens portfolio with $855 million deal for national security tech firm SciTec The Philips stock price forecast for late 2024 models EPS growth at 8% YoY as cost management strategies and increased automation streamline production.