Equites Radar

TIGO · Millicom International Cellular

Telecom ServicesLuxembourgAnalyst view: Hold

$78.34

-1.99% last session

End-of-day data · close of 2026-10-23

Mildly bearish1 bullish · 3 bearish technical signals
Consensus: Hold (2.88 from 8 analysts)
To mean target: +23.0%

Market cap

$13B

Enterprise value

$24B

Trailing P/E

19.8

Forward P/E

11.1

Dividend yield

4.0%

Beta

0.90

Avg volume

1M

Employees

14K

Daily Change %

-1.99%

5 Days Change

-3.54%

10 Days Change

0.49%

30 Days Change

-12.30%

60 Days Change

-13.31%

Month to Day Change

-5.86%

Year to Day Change

52.49%

Analyst Outlook

Consensus ratingHold
Recommendation mean (1–5)2.88
Covering analysts8
Mean price target$96.39
Low price target$60.10
Upside to mean target+23.0%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)35.8
50-day MA$89.47
200-day MA$80.82
Price vs 50-day MA-12.4%
Price vs 200-day MA-3.1%
MACD histogram-0.26
Volume vs 3-month avg0.7×
52w low $43.3152w high $103.45

Analyst sentiment over time — TIGO

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-08-18

Latest call per bank · past 12 months

JP Morgan

Neutral

$105

+34.0% vs price
▲ raised from $100Downgrade · 2026-08-18

UBS

Neutral

$100

+27.6% vs price
▲ raised from $90.00Maintains · 2026-07-14

HSBC

Buy

$89.00

+13.6% vs price
▲ raised from $0.00Upgrade · 2026-03-06

Recent rating actions

DateFirmActionRatingPrice target
2026-08-18JP MorganDowngradeOverweight → Neutral$100 → $105
2026-08-08ScotiabankMaintainsSector Underperform$52.40 → $60.10
2026-07-14UBSMaintainsNeutral$90.00 → $100
2026-05-27ScotiabankMaintainsSector Underperform$51.20 → $52.40
2026-05-20JP MorganMaintainsOverweight$86.00 → $100
2026-03-30ScotiabankMaintainsSector Underperform$43.00 → $51.20
2026-03-06HSBCUpgradeHold → Buy$0.00 → $89.00
2026-02-11ScotiabankDowngradeSector Perform → Sector Underperform$46.80 → $43.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-10-23

  • neutral: RSI (14): RSI is 36 — neutral momentum, neither overbought nor oversold.
  • bearish: Price vs 50-day MA: Trading 12.4% below the 50-day MA ($89.47).
  • bearish: Price vs 200-day MA: Trading 3.1% below the 200-day MA ($80.82).
  • bullish: MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • bearish: MACD (12,26,9): MACD histogram is negative (-0.26) — short-term momentum is fading.
  • neutral: 52-week range: Price sits between the 52-week low ($43.31) and high ($103.45).

TIGO Price Chart

Loading chart for TIGO…

Fundamentals

Revenue (TTM)$7.0B
EBITDA$3.0B
Free cash flow$2.0B
Operating cash flow$2.0B
Book value / share$14.64
Net Debt / EBITDA3.6
WACC8.0%
Revenue growth59.00%
Earnings growth-84.00%

About Millicom International Cellular

Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America. The company offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. In addition, the company provides fixed services, including broadband, fixed voice, and pay-TV; and fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services; and tower infrastructure and services. The company serves small, medium, and large businesses, as well as residential consumers and governmental entities. It markets its products and services under the Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg, Luxembourg.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.