Millicom International Cellular S.A. (TIGO)
NASDAQ: TIGO · Real-Time Price · USD
95.97
+1.14 (1.20%)
Sep 8, 2026, 4:00 PM EDT - Market closed

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 $98.39. The average 1-year stock price forecast is 2.52% higher than the current stock price, while the lowest is $60.1 (-37.38%) and the highest is $132 (+37.54%).

Price Target: $98.39 (+2.52%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$60.1$98.39$97.5$132
Change-37.38%+2.52%+1.59%+37.54%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy322211
Buy211100
Hold344366
Sell111211
Strong Sell000000
Total988888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Hold
Maintains
$80$94
HoldMaintains$80$94-2.05%Aug 20, 2026
J.P. Morgan
J.P. Morgan
Hold
Downgrades
$100$105
HoldDowngrades$100$105+9.41%Aug 18, 2026
Scotiabank
Scotiabank
Sell
Reiterates
$52$60
SellReiterates$52$60-37.38%Aug 7, 2026
UBS
UBS
Hold
Maintains
$90$100
HoldMaintains$90$100+4.20%Jul 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
8.76B
from 5.82B
Increased by 50.58%
Revenue Next Year
9.13B
from 8.76B
Increased by 4.25%
EPS This Year
4.54
from 3.89
Increased by 16.69%
EPS Next Year
7.05
from 4.54
Increased by 55.12%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
4.26B5.62B5.66B5.80B5.82B8.76B
Revenue Growth
11.98%31.99%0.66%2.53%0.26%50.58%
Gross Profit
3.06B4.12B4.15B4.38B4.51B6.66B
Gross Margin
71.91%73.22%73.38%75.53%77.47%75.99%
Operating Income
410.00M886.00M862.00M1.35B1.51B2.02B
Net Income
590.00M177.00M-82.00M253.00M1.32B566.93M
EPS
----3.894.54
EPS Growth
----102.71%16.69%
Forward PE
20.1114.088.048.1114.7121.12
Dividend / Share
---1.753.003.44
Dividend Growth
----71.43%14.64%
Free Cash Flow
256.00M135.00M402.50M1.22B1.38B1.29B
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High9.4B
Avg8.8B
Low8.5B

Revenue Growth

Revenue Growth202620272028
High
61.6%
Avg
50.6%
Low
45.5%

EPS Forecast

EPS202620272028
High6.13
Avg4.54
Low2.41

EPS Growth

EPS Growth202620272028
High
57.4%
Avg
16.7%
Low
-38.1%