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Millicom Cellular (TIGO) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

TIGO Stock Forecast

Millicom Cellular (TIGO) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $35.15, with a high of $37.30 and a low of $33.00. This represents a 14.68% increase from the last price of $30.65.

$15 $20 $25 $30 $35 $40 High: $37.3 Avg: $35.15 Low: $33 Last Closed Price: $30.65

TIGO Stock Rating

Millicom Cellular stock's rating consensus is Buy, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (50.00%), 4 Hold (50.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 8 0 4 4 Strong Sell Sell Hold Buy Strong Buy

TIGO Price Target Upside V Benchmarks

TypeNameUpside
StockMillicom Cellular14.68%
SectorCommunication Services Stocks 18.44%
IndustryTelecom Stocks 20.53%

Price Target Trends

1M3M12M
# Anlaysts--3
Avg Price Target--$33.43
Last Closing Price$30.65$30.65$30.65
Upside/Downside--9.07%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25422--8
Mar, 25432--9
Feb, 25432--9
Jan, 25432--9
Dec, 24422--8
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 20, 2024Andres CoelloScotiabank$37.30$27.5935.19%21.70%
Aug 15, 2024Leonardo OlmosUBS$33.00$25.7428.21%7.67%
Jun 21, 2024Andres CoelloScotiabank$30.00$22.9430.78%-2.12%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Feb 28, 2025ScotiabankOutperformOutperformhold
Sep 20, 2024ScotiabankSector PerformOutperformupgrade
Sep 06, 2024UBSSector PerformSector Performhold
Aug 26, 2024ScotiabankSector PerformSector Performhold
Aug 15, 2024UBSBuyupgrade
Aug 06, 2024ScotiabankSector OutperformSector Performdowngrade
Jul 02, 2024HSBCBuyHolddowngrade
Jun 21, 2024ScotiabankSector OutperformSector Outperformhold
Jun 21, 2024ScotiabankOutperformOutperformhold
Feb 28, 2024New StreetBuyupgrade

Financial Forecast

EPS Forecast

$-3 $-2 $-1 $0 $1 $2 $3 $4 $5 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-2.89$4.59$0.11$-0.48----
Avg Forecast$-2.17$0.31$1.10-$2.62$3.37$3.91$4.42
High Forecast$-2.12$0.32$1.13-$2.69$3.45$4.51$4.53
Low Forecast$-2.22$0.30$1.08-$2.58$3.31$3.25$4.35
Surprise %33.18%1380.65%-90.00%-----

Revenue Forecast

$4B $5B $5B $6B $6B $7B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$4.17B$4.62B$5.62B$5.66B----
Avg Forecast$6.18B$6.58B$5.66B$5.64B$5.84B$5.87B$5.98B$6.26B
High Forecast$6.28B$6.69B$5.77B$5.85B$5.95B$5.98B$5.98B$6.27B
Low Forecast$6.07B$6.46B$5.60B$5.57B$5.77B$5.80B$5.97B$6.24B
Surprise %-32.47%-29.83%-0.66%0.43%----

Net Income Forecast

$-500M $-200M $100M $400M $700M $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-373.00M$590.00M$16.00M$-82.00M----
Avg Forecast$-372.20M$53.39M$188.21M$55.36K$451.81M$579.61M$574.47M$760.77M
High Forecast$-363.72M$54.53M$192.84M$70.84K$460.81M$591.17M$772.97M$775.94M
Low Forecast$-380.15M$52.17M$185.69M$39.88K$442.80M$568.06M$556.99M$745.60M
Surprise %0.22%1005.18%-91.50%-148220.05%----

TIGO Forecast FAQ

Is Millicom Cellular stock a buy?

Millicom Cellular stock has a consensus rating of Buy, based on 8 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 4 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Millicom Cellular is a favorable investment for most analysts.

What is Millicom Cellular's price target?

Millicom Cellular's price target, set by 8 Wall Street analysts, averages $35.15 over the next 12 months. The price target range spans from $33 at the low end to $37.3 at the high end, suggesting a potential 14.68% change from the previous closing price of $30.65.

How does Millicom Cellular stock forecast compare to its benchmarks?

Millicom Cellular's stock forecast shows a 14.68% upside, underperforming the average forecast for the communication services stocks sector (18.44%) and underperforming the telecom stocks industry (20.53%).

What is the breakdown of analyst ratings for Millicom Cellular over the past three months?

  • April 2025: 50.00% Strong Buy, 25.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 44.44% Strong Buy, 33.33% Buy, 22.22% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 44.44% Strong Buy, 33.33% Buy, 22.22% Hold, 0% Sell, 0% Strong Sell.

What is Millicom Cellular’s EPS forecast?

Millicom Cellular's average annual EPS forecast for its fiscal year ending in December 2024 is $2.62, marking a -645.83% decrease from the reported $-0.48 in 2023. Estimates for the following years are $3.37 in 2025, $3.91 in 2026, and $4.42 in 2027.

What is Millicom Cellular’s revenue forecast?

Millicom Cellular's average annual revenue forecast for its fiscal year ending in December 2024 is $5.84B, reflecting a 3.25% increase from the reported $5.66B in 2023. The forecast for 2025 is $5.87B, followed by $5.98B for 2026, and $6.26B for 2027.

What is Millicom Cellular’s net income forecast?

Millicom Cellular's net income forecast for the fiscal year ending in December 2024 stands at $451.81M, representing a -650.98% decrease from the reported $-82M in 2023. Projections indicate $579.61M in 2025, $574.47M in 2026, and $760.77M in 2027.