Millicom International Cellular S.A. (TIGO)
NASDAQ: TIGO · Real-Time Price · USD
85.36
+1.53 (1.83%)
At close: May 29, 2026, 4:00 PM EDT
86.50
+1.14 (1.34%)
After-hours: May 29, 2026, 6:21 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 $83.2. The average 1-year stock price forecast is 2.53% lower than the current stock price, while the lowest is $52.4 (-38.61%) and the highest is $100 (+17.15%).
Price Target: $83.2 (-2.53%)
Analyst Consensus: Hold
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
| Rating | Nov '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 2 | 2 | 3 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 5 | 3 | 4 | 3 | 3 | 4 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 8 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Sell Maintains $51 → $52 | Sell | Maintains | $51 → $52 | -38.61% | May 27, 2026 |
| UBS | UBS | Hold Downgrades $90 | Hold | Downgrades | $90 | +5.44% | May 24, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains $86 → $100 | Buy | Maintains | $86 → $100 | +17.15% | May 20, 2026 |
| HSBC | HSBC | Buy Upgrades $89 | Buy | Upgrades | $89 | +4.26% | Mar 6, 2026 |
Financial Forecast
Revenue This Year
8.46B
from 5.82B
Increased by 45.45%
Revenue Next Year
8.74B
from 8.46B
Increased by 3.20%
EPS This Year
4.34
from 7.83
Decreased by -44.56%
EPS Next Year
5.54
from 4.34
Increased by 27.69%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 9.0B | 9.3B | |||
| Avg | 8.5B | 8.7B | |||
| Low | 8.0B | 8.2B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 54.1% | 9.6% | |||
| Avg | 45.5% | 3.2% | |||
| Low | 37.0% | -3.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 6.56 | 7.56 | |||
| Avg | 4.34 | 5.54 | |||
| Low | 3.13 | 3.20 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | -16.2% | 74.2% | |||
| Avg | -44.6% | 27.7% | |||
| Low | -60.1% | -26.2% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.