TIGO Stock Forecast 2025-2026
Distance to TIGO Price Targets
TIGO Price Momentum
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Latest TIGO Stock Price Targets & Analyst Predictions
Based on our analysis of 10 Wall Street analysts, TIGO has a bullish consensus with a median price target of $37.15 (ranging from $34.00 to $41.00). The overall analyst rating is Strong Buy (8.0/10). Currently trading at $33.12, the median forecast implies a 12.2% upside. This outlook is supported by 6 Buy, 2 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Marcelo Santos at JP Morgan, projecting a 23.8% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
TIGO Analyst Ratings
TIGO Price Target Range
Latest TIGO Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for TIGO.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Apr 3, 2025 | Barclays | Mathieu Robilliard | Equal-Weight | Maintains | $36.00 |
| Apr 3, 2025 | JP Morgan | Marcelo Santos | Overweight | Maintains | $41.00 |
| Feb 28, 2025 | Scotiabank | Andres Coello | Sector Outperform | Maintains | $37.90 |
| Jan 29, 2025 | Morgan Stanley | Cesar Medina | Equal-Weight | Initiates | $32.00 |
| Jan 16, 2025 | JP Morgan | Marcelo Santos | Overweight | Maintains | $33.00 |
| Sep 20, 2024 | Scotiabank | Andres Coello | Sector Outperform | Upgrade | $37.30 |
| Sep 6, 2024 | JP Morgan | Marcelo Santos | Overweight | Reinstates | $35.00 |
| Aug 15, 2024 | UBS | Leonardo Olmos | Buy | Upgrade | $33.00 |
| Aug 7, 2024 | Scotiabank | Andres Coello | Sector Perform | Downgrade | $30.00 |
| Jul 2, 2024 | HSBC | Phani Kanumuri | Hold | Downgrade | $0.00 |
| Jun 21, 2024 | Scotiabank | Andres Coello | Sector Outperform | Maintains | $30.00 |
| Apr 11, 2024 | HSBC | Phani Kanumuri | Buy | Maintains | $24.00 |
| Mar 28, 2024 | JP Morgan | Marcelo Santos | Overweight | Upgrade | $0.00 |
| Feb 28, 2024 | HSBC | Phani Kanumuri | Buy | Upgrade | $22.50 |
| Feb 28, 2024 | Scotiabank | Andres Coello | Sector Outperform | Maintains | $26.10 |
| Oct 20, 2023 | HSBC | Madhvendra Singh | Hold | Downgrade | $17.00 |
| Jul 28, 2023 | New Street Research | Soomit Datta | Neutral | Downgrade | $18.00 |
| Jun 29, 2023 | Scotiabank | Andres Coello | Sector Outperform | Maintains | $17.90 |
| Jan 17, 2023 | UBS | Leonardo Olmos | Buy | Upgrade | $17.00 |
| Nov 14, 2022 | HSBC | Phani Kanumuri | Hold | Upgrade | $0.00 |
Millicom International Cellular S.A. (TIGO) Competitors
The following stocks are similar to Millicom based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Millicom International Cellular S.A. (TIGO) Financial Data
Millicom International Cellular S.A. has a market capitalization of $5.42B with a P/E ratio of 22.0x. The company generates $5.80B in trailing twelve-month revenue with a 4.4% profit margin.
Revenue growth is -3.2% quarter-over-quarter, while maintaining an operating margin of +25.1% and return on equity of +7.7%.
Valuation Metrics
Growth & Margins
Financial Health
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Millicom International Cellular S.A. (TIGO) Business Model
About Millicom International Cellular S.A.
Provides telecommunications and media services.
Millicom generates revenue by offering mobile services, fixed broadband, and cable television to customers in Latin America and Africa. The company also invests in digital applications, including mobile financial services, to reach underbanked populations, enhancing its service portfolio and customer base.
Established in 1990 and headquartered in Luxembourg, Millicom plays a significant role in emerging markets by contributing to economic development and digital transformation. The company focuses on expanding digital infrastructure and connectivity in underpenetrated regions, thereby driving technological advancement in its operating territories.
Company Information
Sector
Communication Services
Industry
Telecom Services
Employees
14,000
CEO
Mr. Mauricio Ramos Borrero
Country
Luxembourg
IPO Year
2011
Website
www.millicom.comMillicom International Cellular S.A. (TIGO) Latest News & Analysis
Latest News
Convening Notice for Annual General Meeting and Extraordinary General Meeting of Shareholders
13 days agoMillicom International Cellular S.A. has announced the convening of its Annual General Meeting and Extraordinary General Meeting of Shareholders.
The notice signals key shareholder decisions ahead, impacting governance, strategy, and potentially financial performance of Millicom International Cellular S.A., influencing stock value.
Millicom (Tigo) has published its 2024 Annual Report, highlighting significant changes in the telecommunications sector in Latin America.
Millicom's 2024 Annual Report signals significant shifts in the Latin American telecom sector, potentially impacting market dynamics, competition, and growth opportunities for investors.
Millicom International Cellular expects a 63% increase in FY 2024 operating profit due to cost reductions, with moderate revenue growth. Key segments are accelerating, and debt leverage improved significantly.
Millicom's cost reductions and profit growth signal improved efficiency and profitability. Accelerating key segments and debt reduction enhance financial stability, making it an attractive option for investors.
Millicom (Tigo) has completed its delisting from Nasdaq Stockholm. SEB plans to initiate the sale of shares not withdrawn from the SDR program.
Millicom's delisting may reduce liquidity and investor interest, while SEB's share sale could increase supply, potentially impacting share prices and market perception.
Notification of transaction by a closely associated person of a Director of Millicom (Tigo)
1 month agoOn March 17, 2025, Millicom International Cellular S.A. reported a transaction by a closely associated person of a Director. Further details on the transaction are not provided.
Transactions by closely associated persons of directors can signal insider confidence or concern, potentially influencing stock performance and investor sentiment regarding Millicom.
Millicom (Tigo) share repurchase activity
1 month agoMillicom repurchased 315,930 SDRs and 736,800 common shares from March 10-14, 2025, as part of its share repurchase program, with transactions conducted on Nasdaq Stockholm and Nasdaq Stock Market.
Millicom's share repurchase indicates confidence in its stock value, potentially boosting share price and signaling financial health, which can attract investors.
Frequently Asked Questions About TIGO Stock
What is Millicom International Cellular S.A.'s (TIGO) stock forecast for 2025?
Based on our analysis of 10 Wall Street analysts, Millicom International Cellular S.A. (TIGO) has a median price target of $37.15. The highest price target is $41.00 and the lowest is $34.00.
Is TIGO stock a good investment in 2025?
According to current analyst ratings, TIGO has 6 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $33.12. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for TIGO stock?
Wall Street analysts predict TIGO stock could reach $37.15 in the next 12 months. This represents a 12.2% increase from the current price of $33.12. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Millicom International Cellular S.A.'s business model?
Millicom generates revenue by offering mobile services, fixed broadband, and cable television to customers in Latin America and Africa. The company also invests in digital applications, including mobile financial services, to reach underbanked populations, enhancing its service portfolio and customer base.
What is the highest forecasted price for TIGO Millicom International Cellular S.A.?
The highest price target for TIGO is $41.00 from Marcelo Santos at JP Morgan, which represents a 23.8% increase from the current price of $33.12.
What is the lowest forecasted price for TIGO Millicom International Cellular S.A.?
The lowest price target for TIGO is $34.00 from at , which represents a 2.7% increase from the current price of $33.12.
What is the overall TIGO consensus from analysts for Millicom International Cellular S.A.?
The overall analyst consensus for TIGO is bullish. Out of 10 Wall Street analysts, 6 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $37.15.
How accurate are TIGO stock price projections?
Stock price projections, including those for Millicom International Cellular S.A., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.