Millicom International Cellular S.A. (TIGO)
NASDAQ: TIGO · Real-Time Price · USD
26.91
+0.26 (0.98%)
Feb 21, 2025, 4:00 PM EST - Market closed
TIGO Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for TIGO stock have an average target of 33.83, with a low estimate of 32 and a high estimate of 37.3. The average target predicts an increase of 25.72% from the current stock price of 26.91.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TIGO stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Initiates $32 | Hold | Initiates | $32 | +18.91% | Jan 29, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $36 → $33 | Buy | Maintains | $36 → $33 | +22.63% | Jan 16, 2025 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $30 → $37 | Hold → Buy | Upgrades | $30 → $37 | +38.61% | Sep 20, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $35 | Buy | Initiates | $35 | +30.06% | Sep 6, 2024 |
| UBS | UBS | Hold → Strong Buy Upgrades $25 → $33 | Hold → Strong Buy | Upgrades | $25 → $33 | +22.63% | Aug 15, 2024 |
Financial Forecast
Revenue This Year
5.95B
from 5.66B
Increased by 5.16%
Revenue Next Year
5.98B
from 5.95B
Increased by 0.49%
EPS This Year
2.11
from -0.48
EPS Next Year
2.91
from 2.11
Increased by 37.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.2B | 6.4B | 6.6B | ||
| Avg | 6.0B | 6.0B | 6.1B | ||
| Low | 5.7B | 5.5B | 5.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.5% | 7.6% | 9.7% | ||
| Avg | 5.2% | 0.5% | 1.4% | ||
| Low | 0.2% | -6.9% | -7.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.65 | 3.73 | 5.38 | ||
| Avg | 2.11 | 2.91 | 3.36 | ||
| Low | 1.73 | 1.96 | 1.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 76.7% | 84.8% | ||
| Avg | - | 37.9% | 15.6% | ||
| Low | - | -7.1% | -32.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.