Millicom International Cellular S.A. (TIGO)
NASDAQ: TIGO · Real-Time Price · USD
60.65
+0.16 (0.26%)
Jan 28, 2026, 2:48 PM EST - Market open
TIGO Stock Forecast
Stock Price Forecast
The 5 analysts that cover TIGO stock have a consensus rating of "Buy" and an average price target of $49.56, which forecasts a -18.29% decrease in the stock price over the next year. The lowest target is $32 and the highest is $70.
Price Target: $49.56 (-18.29%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TIGO stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| 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 |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold → Strong Buy Upgrades $49 → $70 | Hold → Strong Buy | Upgrades | $49 → $70 | +15.42% | Jan 15, 2026 |
| JP Morgan | JP Morgan | Buy Maintains $55 → $63 | Buy | Maintains | $55 → $63 | +3.87% | Nov 17, 2025 |
| Scotiabank | Scotiabank | Hold Maintains $46 → $47 | Hold | Maintains | $46 → $47 | -22.84% | Nov 7, 2025 |
| UBS | UBS | Strong Buy → Hold Downgrades $40 → $49 | Strong Buy → Hold | Downgrades | $40 → $49 | -19.21% | Sep 11, 2025 |
| Scotiabank | Scotiabank | Hold Maintains $37 → $46 | Hold | Maintains | $37 → $46 | -23.99% | Aug 19, 2025 |
Financial Forecast
Revenue This Year
5.84B
from 5.80B
Increased by 0.65%
Revenue Next Year
6.74B
from 5.84B
Increased by 15.42%
EPS This Year
5.19
from 1.46
Increased by 254.81%
EPS Next Year
4.72
from 5.19
Decreased by -9.05%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.1B | 8.4B | |||
| Avg | 5.8B | 6.7B | |||
| Low | 5.5B | 5.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.2% | 43.4% | |||
| Avg | 0.7% | 15.4% | |||
| Low | -5.5% | -1.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.72 | 7.48 | |||
| Avg | 5.19 | 4.72 | |||
| Low | 2.97 | 2.86 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 427.7% | 44.1% | |||
| Avg | 254.8% | -9.0% | |||
| Low | 103.1% | -44.9% |
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.