Millicom International Cellular S.A. (TIGO)
NASDAQ: TIGO · Real-Time Price · USD
30.20
-0.18 (-0.59%)
At close: Mar 28, 2025, 4:00 PM
29.30
-0.90 (-2.97%)
After-hours: Mar 28, 2025, 6:20 PM EDT

TIGO Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for TIGO stock have an average target of 33.98, with a low estimate of 32 and a high estimate of 37.9. The average target predicts an increase of 12.52% from the current stock price of 30.20.

Analyst Consensus: Buy
Target Low Average Median High
Price $32 $33.98 $33 $37.9
Change +5.96% +12.52% +9.27% +25.50%
* Price targets were last updated on Feb 28, 2025.

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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 111111
Buy 222222
Hold 222222
Sell 000000
Strong Sell 000000
Total 555555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Buy
Maintains
$37$38
Buy Maintains $37$38 +25.50% Feb 28, 2025
Morgan Stanley
Morgan Stanley
Hold
Initiates
$32
Hold Initiates $32 +5.96% Jan 29, 2025
JP Morgan
JP Morgan
Buy
Maintains
$36$33
Buy Maintains $36$33 +9.27% Jan 16, 2025
Scotiabank
Scotiabank
Buy
Upgrades
$30$37
Buy Upgrades $30$37 +23.51% Sep 20, 2024
JP Morgan
JP Morgan
Buy
Initiates
$35
Buy Initiates $35 +15.89% Sep 6, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
5.92B
from 5.80B
Increased by 2.07%
Revenue Next Year
6.04B
from 5.92B
Increased by 1.89%
EPS This Year
2.95
from 1.46
Increased by 101.61%
EPS Next Year
3.51
from 2.95
Increased by 19.18%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
3.81B4.26B5.62B5.66B5.80B5.92B6.04B6.07B
Revenue Growth
-12.25%11.98%31.99%0.66%2.53%2.07%1.89%0.50%
EPS
-3.405.831.27-0.481.462.953.513.76
EPS Growth
---78.25%--101.61%19.18%7.08%
Forward PE
-----10.248.598.02
No. Analysts -----995
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 6.3B 6.5B 6.5B
Avg 5.9B 6.0B 6.1B
Low 5.5B 5.5B 5.6B

Revenue Growth

Revenue Growth 20252026202720282029
High
7.8%
9.5%
7.3%
Avg
2.1%
1.9%
0.5%
Low
-5.1%
-6.9%
-7.1%

EPS Forecast

EPS 20252026202720282029
High 3.75 4.63 4.49
Avg 2.95 3.51 3.76
Low 2.28 2.70 3.15

EPS Growth

EPS Growth 20252026202720282029
High
156.3%
57.0%
27.8%
Avg
101.6%
19.2%
7.1%
Low
56.1%
-8.3%
-10.5%
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.