​

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

OverviewRevenueOwnershipFinancialsChartTranscripts

TIGO Stock Forecast

Millicom Cellular (TIGO) stock forecast, based on 4 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 28.10% increase from the last price of $27.44.

$15 $20 $25 $30 $35 $40 High: $37.3 Avg: $35.15 Low: $33 Last Closed Price: $27.44

TIGO Stock Rating

Millicom Cellular stock's rating consensus is Buy, based on 4 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (50.00%), 2 Hold (50.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 4 0 2 2 Strong Sell Sell Hold Buy Strong Buy

TIGO Forecast vs Benchmarks

TypeNameUpside
StockMillicom Cellular28.10%
SectorCommunication Services Stocks 2.10%
IndustryTelecom Stocks 18.51%

Price Target Trends

1M3M12M
# Anlaysts--3
Avg Price Target--$33.43
Last Closing Price$27.44$27.44$27.44
Upside/Downside--21.83%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25432--9
Dec, 24422--8
Nov, 24442--10
Oct, 24442--10
Sep, 24442--10
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 20, 2024Andres CoelloScotiabank$37.30$27.5935.19%35.93%
Aug 15, 2024Leonardo OlmosUBS$33.00$25.7428.21%20.26%
Jun 21, 2024Andres CoelloScotiabank$30.00$22.9430.78%9.33%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
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
May 12, 2023HSBCHoldBuyupgrade

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$4.42
High Forecast$-2.22$0.30$1.08-$2.58$3.31$3.25$4.35
Low Forecast$-2.12$0.32$1.13-$2.69$3.45$4.51$4.53
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$6.07B$6.46B$5.60B$5.57B$5.77B$5.80B$5.97B$6.24B
Low Forecast$6.28B$6.69B$5.77B$5.85B$5.95B$5.98B$5.98B$6.27B
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$760.77M
High Forecast$-380.15M$52.17M$185.69M$39.88K$442.80M$568.06M$556.99M$745.60M
Low Forecast$-363.72M$54.53M$192.84M$70.84K$460.81M$591.17M$772.97M$775.94M
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 4 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 2 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 4 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 28.10% change from the previous close price of $27.44.

How does Millicom Cellular stock forecast compare to the average forecast of its sector, industry, and investment themes?

Millicom Cellular stock forecast shows a 28.10% upside, outperforming the average forecast for the communication services stocks sector (2.10%) and outperforming the telecom stocks industry (18.51%).

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

  • January 2025: 44.44% Strong Buy, 33.33% Buy, 22.22% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 50.00% Strong Buy, 25.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 40.00% Strong Buy, 40.00% Buy, 20.00% 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 is 2.62 for 2024, a -645.83% decrease from the reported $-0.48 in 2023. The prediction for 2025 is $3.37, $3.91 for 2026, and $4.42 for 2027.

What is Millicom Cellular’s revenue forecast?

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

What is Millicom Cellular’s net income forecast?

For its fiscal year ending in December, Millicom Cellular's average annual net income forecast is $451.81M for 2024, reflecting a -650.98% decrease from the reported $-82M in 2023. The projection for 2025 is $579.61M, $574.47M for 2026, and $760.77M for 2027.