Millicom International Cellular S.A. (TIGO) Stock Forecast
Data as of Oct 31, 2026Communication Services · Current price $79.24 (-0.81%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Mar 6, 2026 | Phani Kanumuri | HSBC | $89.00 | +12.3% |
| Feb 26, 2026 | Cesar Medina | Morgan Stanley | $55.00 | -30.6% |
| May 16, 2025 | Leonardo Olmos | UBS | $39.50 | -50.2% |
| Sep 20, 2024 | Andres Coello | Scotiabank | $37.30 | -52.9% |
| Aug 15, 2024 | Leonardo Olmos | UBS | $33.00 | -58.4% |
| Jun 21, 2024 | Andres Coello | Scotiabank | $30.00 | -62.1% |
Top Analysts Covering TIGO
TIGO vs Sector & Market
| Metric | TIGO | Communication Services Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 3.20 | 2.49 | 2.41 |
| Analyst Count | 5 | 9 | 19 |
| Target Upside | +13.3% | +593.8% | +21.5% |
| P/E Ratio | 10.80 | 11.13 | 38.49 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $8.15B | $8.18B | $8.21B | 5 |
| 2027-03-31 | $2.07B | $2.08B | $2.09B | 1 |
| 2027-06-30 | $2.12B | $2.13B | $2.14B | 1 |
| 2027-09-30 | $2.16B | $2.17B | $2.18B | 1 |
| 2027-12-31 | $2.25B | $2.26B | $2.27B | 1 |
| 2028-03-31 | $2.12B | $2.14B | $2.15B | 1 |
| 2028-06-30 | $2.17B | $2.19B | $2.20B | 1 |
| 2028-09-30 | $2.22B | $2.24B | $2.25B | 1 |
| 2028-12-31 | $2.32B | $2.33B | $2.34B | 1 |
| 2029-12-31 | $5.68B | $5.90B | $6.03B | 5 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $5.04 | $5.10 | $5.15 | 4 |
| 2027-03-31 | $1.24 | $1.25 | $1.26 | 1 |
| 2027-06-30 | $1.38 | $1.39 | $1.40 | 1 |
| 2027-09-30 | $1.63 | $1.64 | $1.65 | 1 |
| 2027-12-31 | $1.72 | $1.73 | $1.74 | 1 |
| 2028-03-31 | $1.52 | $1.53 | $1.54 | 1 |
| 2028-06-30 | $1.66 | $1.67 | $1.68 | 1 |
| 2028-09-30 | $1.92 | $1.93 | $1.95 | 1 |
| 2028-12-31 | $2.01 | $2.02 | $2.04 | 1 |
| 2029-12-31 | $0.00 | $0.00 | $0.00 | 1 |
Frequently Asked Questions
What is the analyst consensus for TIGO?
The consensus among 5 analysts covering Millicom International Cellular S.A. (TIGO) is Hold with an average price target of $89.78.
What is the highest price target for TIGO?
The highest price target for TIGO is $89.00, set by Phani Kanumuri at HSBC on 2026-03-06.
What is the lowest price target for TIGO?
The lowest price target for TIGO is $30.00, set by Andres Coello at Scotiabank on 2024-06-21.
How many analysts cover TIGO?
5 analysts have issued ratings for Millicom International Cellular S.A. in the past 12 months.
Is TIGO a buy or sell right now?
Based on 5 analyst ratings, TIGO has a consensus rating of Hold (3.20/5) with a +13.3% upside to the consensus target of $89.78.
What are the earnings estimates for TIGO?
Analysts estimate TIGO will report EPS of $5.10 for the period ending 2026-12-31, with revenue estimated at $8.18B.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.