Millicom International Cellular S.A. (TIGO)
NASDAQ: TIGO · Real-Time Price · USD
88.75
+1.56 (1.79%)
At close: Aug 19, 2026, 4:00 PM EDT
87.28
-1.47 (-1.66%)
After-hours: Aug 19, 2026, 7:30 PM EDT

TIGO Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, TIGO stock has a consensus rating of "Hold" and an average price target of $96.64. The average 1-year stock price forecast is 8.89% higher than the current stock price, while the lowest is $60.1 (-32.28%) and the highest is $132 (+48.73%).

Price Target: $96.64 (+8.89%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$60.1$96.64$97.5$132
Change-32.28%+8.89%+9.86%+48.73%

Analyst Ratings

The average analyst rating for TIGO stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy232221
Buy221110
Hold334436
Sell111121
Strong Sell000000
Total898888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Hold
Reiterates
$100$105
HoldReiterates$100$105+18.31%Aug 18, 2026
Scotiabank
Scotiabank
Sell
Reiterates
$52$60
SellReiterates$52$60-32.28%Aug 7, 2026
UBS
UBS
Hold
Maintains
$90$100
HoldMaintains$90$100+12.68%Jul 14, 2026
HSBC
HSBC
Buy
Upgrades
$89
BuyUpgrades$89+0.28%Mar 6, 2026

Financial Forecast

Revenue This Year
8.73B
from 5.82B
Increased by 50.03%
Revenue Next Year
8.95B
from 8.73B
Increased by 2.48%
EPS This Year
4.90
from 3.89
Increased by 25.76%
EPS Next Year
7.77
from 4.90
Increased by 58.61%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
4.26B5.62B5.66B5.80B5.82B8.73B
Revenue Growth
11.98%31.99%0.66%2.53%0.26%50.03%
Gross Profit
3.06B4.12B4.15B4.38B4.51B6.59B
Gross Margin
71.91%73.22%73.38%75.53%77.47%75.45%
Operating Income
410.00M886.00M862.00M1.35B1.51B1.97B
Net Income
590.00M177.00M-82.00M253.00M1.32B511.50M
EPS
----3.894.90
EPS Growth
----102.71%25.76%
Forward PE
20.1114.088.048.1114.7118.12
Dividend / Share
---1.753.003.13
Dividend Growth
----71.43%4.17%
Free Cash Flow
256.00M135.00M402.50M1.22B1.38B923.00M
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High8.8B
Avg8.7B
Low8.7B

Revenue Growth

Revenue Growth202620272028
High
51.4%
Avg
50.0%
Low
48.8%

EPS Forecast

EPS202620272028
High6.13
Avg4.90
Low3.60

EPS Growth

EPS Growth202620272028
High
57.4%
Avg
25.8%
Low
-7.6%