Millicom International Cellular S.A. (TIGO)
NASDAQ: TIGO · Real-Time Price · USD
95.17
+0.99 (1.05%)
At close: Jul 30, 2026, 4:00 PM EDT
94.55
-0.62 (-0.65%)
After-hours: Jul 30, 2026, 7:34 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 $87.8. The average 1-year stock price forecast is 7.74% lower than the current stock price, while the lowest is $52.4 (-44.94%) and the highest is $105 (+10.33%).

Price Target: $87.8 (-7.74%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$52.4$87.8$92.5$105
Change-44.94%-7.74%-2.81%+10.33%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy223222
Buy222111
Hold433443
Sell111112
Strong Sell000000
Total989888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Hold
Maintains
$90$100
HoldMaintains$90$100+5.08%Jul 14, 2026
Scotiabank
Scotiabank
Sell
Maintains
$51$52
SellMaintains$51$52-44.94%May 27, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$86$100
BuyMaintains$86$100+5.08%May 20, 2026
HSBC
HSBC
Buy
Upgrades
$89
BuyUpgrades$89-6.48%Mar 6, 2026

Financial Forecast

Revenue This Year
8.47B
from 5.82B
Increased by 45.49%
Revenue Next Year
8.73B
from 8.47B
Increased by 3.18%
EPS This Year
4.74
from 3.89
Increased by 21.84%
EPS Next Year
7.20
from 4.74
Increased by 51.74%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
4.26B5.62B5.66B5.80B5.82B8.47B
Revenue Growth
11.98%31.99%0.66%2.53%0.26%45.49%
Gross Profit
3.06B4.12B4.15B4.38B4.51B6.48B
Gross Margin
71.91%73.22%73.38%75.53%77.47%76.59%
Operating Income
410.00M886.00M862.00M1.35B1.51B1.91B
Net Income
590.00M177.00M-82.00M253.00M1.32B581.42M
EPS
----3.894.74
EPS Growth
----102.71%21.84%
Forward PE
20.1114.088.048.1114.7120.06
Dividend / Share
---1.753.003.44
Dividend Growth
----71.43%14.66%
Free Cash Flow
256.00M135.00M402.50M1.22B1.38B1.35B
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High8.8B
Avg8.5B
Low8.3B

Revenue Growth

Revenue Growth202620272028
High
50.4%
Avg
45.5%
Low
41.8%

EPS Forecast

EPS202620272028
High6.25
Avg4.74
Low3.68

EPS Growth

EPS Growth202620272028
High
60.5%
Avg
21.8%
Low
-5.5%