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Millicom International Cellular S.A. (TIGO) Stock Forecast

Data as of May 2, 2026

Communication Services · Current price $84.65 (-0.29%)

Consensus Target
$64.25
Upside
-24.1%
Analysts
6
Rating
Hold(2.83)

Price Target Range

Low $43.00Consensus $64.25High $89.00
▲ Current $84.65

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy1
Hold0
Sell2
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Mar 6, 2026Phani KanumuriHSBC$89.00+5.1%
Feb 26, 2026Cesar MedinaMorgan Stanley$55.00-35.0%
May 16, 2025Leonardo OlmosUBS$39.50-53.3%
Sep 20, 2024Andres CoelloScotiabank$37.30-55.9%
Aug 15, 2024Leonardo OlmosUBS$33.00-61.0%
Jun 21, 2024Andres CoelloScotiabank$30.00-64.6%

TIGO vs Sector & Market

MetricTIGOCommunication Services AvgLarge Cap Avg
Analyst Rating2.832.492.41
Analyst Count61018
Target Upside-24.1%+121.0%+14.9%
P/E Ratio10.824.3531.19

Revenue Estimates

PeriodLowAvgHigh#
2026-06-30$2.03B$2.04B$2.05B2
2026-09-30$2.05B$2.06B$2.07B1
2026-12-31$8.15B$8.18B$8.21B5
2027-03-31$2.07B$2.08B$2.09B1
2027-06-30$2.12B$2.13B$2.14B1
2027-09-30$2.16B$2.17B$2.18B1
2027-12-31$2.25B$2.26B$2.27B1
2028-03-31$2.12B$2.14B$2.15B1
2028-06-30$2.17B$2.19B$2.20B1
2028-09-30$2.22B$2.24B$2.25B1
2028-12-31$2.32B$2.33B$2.34B1
2029-12-31$5.68B$5.90B$6.03B5

EPS Estimates

PeriodLowAvgHigh#
2026-06-30$1.00$1.03$1.061
2026-09-30$1.21$1.22$1.231
2026-12-31$5.04$5.10$5.154
2027-03-31$1.24$1.25$1.261
2027-06-30$1.38$1.39$1.401
2027-09-30$1.63$1.64$1.651
2027-12-31$1.72$1.73$1.741
2028-03-31$1.52$1.53$1.541
2028-06-30$1.66$1.67$1.681
2028-09-30$1.92$1.93$1.951
2028-12-31$2.01$2.02$2.041
2029-12-31$0.00$0.00$0.001

Frequently Asked Questions

What is the analyst consensus for TIGO?

The consensus among 6 analysts covering Millicom International Cellular S.A. (TIGO) is Hold with an average price target of $64.25.

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?

6 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 6 analyst ratings, TIGO has a consensus rating of Hold (2.83/5) with a -24.1% upside to the consensus target of $64.25.

What are the earnings estimates for TIGO?

Analysts estimate TIGO will report EPS of $1.03 for the period ending 2026-06-30, with revenue estimated at $2.04B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.