Bank of America Corp DE Raises Stock Position in Millicom International Cellular SA $TIGO
Bank of America Corp DE increased its stake in Millicom International Cellular SA (NASDAQ:TIGO) by 22% in the first quarter, now owning 243,778 shares valued at $18.3 million. Despite this increase, analyst sentiment for TIGO is mixed, with an average "Hold" rating and a consensus price target of $85.68. Meanwhile, an insider, Salvador Escalon, sold 49,288 shares, reducing his ownership by nearly 23%.
Millicom Slides as Strong Q2 Update Fades and No Fresh Catalyst Emerges
Millicom (TIGO) shares dropped 7.5% today, likely due to profit-taking after an early-August rally rather than new negative news. The company had reported strong Q2 2026 results with increased revenue, adjusted EBITDA, and record equity free cash flow, along with an increased 2026 equity free cash flow outlook and an interim dividend. However, a sharp decrease in net profit attributable to company owners might have prompted traders to secure gains after the stock briefly surpassed $100 post-earnings.
JPMorgan downgrades Millicom stock rating on valuation concerns
JPMorgan downgraded Millicom International Cellular SA (NASDAQ:TIGO) from Overweight to Neutral due to valuation concerns, despite raising its price target to $105.00 from $100.00. The firm noted that the stock has already seen a significant 130% return over the past year, and while the company performs well, the benefits from Colombian consolidation are largely priced in. JPMorgan indicated it would await more clarity on potential opportunities in Chile, Peru, and Venezuela before becoming more positive on the stock.
Millicom International Cellular (NASDAQ:TIGO) Given Neutral Rating at JPMorgan Chase & Co.
JPMorgan Chase & Co. reissued a "neutral" rating on Millicom International Cellular (NASDAQ:TIGO) and increased its price target from $100 to $105, indicating a potential upside of 11.39%. Despite mixed analyst sentiment and an overall "Hold" consensus, institutional investors like JPMorgan and State Street have increased their holdings. Insider trading activity shows significant sales, with insider Salvador Escalon selling over $4.3 million in shares.
JPMorgan Downgrades Millicom International Cellular to Neutral From Overweight, Adjusts PT to $105 From $100
JPMorgan has downgraded Millicom International Cellular (TIGO) from Overweight to Neutral, while also increasing its price target to $105 from $100. This adjustment in rating and price target follows recent earnings reports and other analyst actions concerning the company. The article also lists recent news and financial data related to Millicom.
JPMorgan downgrades Millicom stock rating on valuation concerns
JPMorgan downgraded Millicom International Cellular SA (NASDAQ:TIGO) from Overweight to Neutral, despite raising its price target from $100.00 to $105.00. The downgrade is due to valuation concerns and increased expectations, as the stock has already returned 130% over the past year. While Millicom continues to perform well operationally, the Street has largely accounted for anticipated consolidation benefits in Colombia, with future upside potentially coming from Chilean operations, and possible acquisitions in Peru and Venezuela.
MLCMF SEC Filings - MILLICOM INTERNATIONAL CELLULAR SA 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for MILLICOM INTERNATIONAL CELLULAR SA (Ticker: MLCMF) SEC filings, including 10-K, 10-Q, 8-K forms, and insider trading reports. Each filing is accompanied by expert analysis from Rhea-AI, offering insights into its potential market impact, an AI-generated summary, sentiment scores, and end-of-day stock performance data. The platform aims to simplify access to critical regulatory disclosures for investors and compliance professionals.
Millicom International Cellular SA (NASDAQ:TIGO) Receives Consensus Recommendation of "Moderate Buy" from Brokerages
Millicom International Cellular SA (NASDAQ:TIGO) has received a "Moderate Buy" consensus recommendation from brokerages, with an average 12-month price target of $80.82. This follows recent positive earnings results where the company reported $0.97 per share, exceeding estimates. Despite increased institutional investment, an insider recently sold a significant number of shares, reducing their holdings by nearly 23%.
Responsive Playbooks and the TIGO Inflection
This article provides an in-depth AI-generated analysis for Millicom International Cellular S.a. (NASDAQ: TIGO), highlighting neutral near and mid-term readings but a positive long-term bias. It details three distinct institutional trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss levels. The analysis also includes multi-timeframe signal analysis, support, and resistance levels for the stock.
Millicom International Cellular (TIGO) Stock forecasts
Millicom International Cellular (TIGO) offers wireless and fixed-line telecom services in Latin America. An analyst report from August 7, 2026, indicates that Millicom's margin gains continue to exceed expectations, with currency fluctuations also playing a role. The stock is currently priced at 96.47.
Scotiabank Issues Positive Forecast for Millicom International Cellular (NASDAQ:TIGO) Stock Price
Scotiabank raised its price target for Millicom International Cellular (NASDAQ:TIGO) to $60.10 from $52.40, though it maintained a "sector underperform" rating, indicating a potential downside of 38.13% from the current stock price. Despite this, the company reported strong quarterly earnings, beating consensus estimates with an EPS of $0.97 and matching revenue expectations at $1.99 billion. The broader analyst consensus for TIGO remains a "Hold" with an average price target of $80.82.
Quantinno Capital Management LP Grows Stake in Millicom International Cellular SA $TIGO
Quantinno Capital Management LP significantly increased its stake in Millicom International Cellular SA by 78.1% in the first quarter, now owning 38,205 shares valued at $2.86 million. Other institutions like Goldman Sachs and UBS also acquired new positions in the company. Analyst ratings for Millicom are mixed, with some raising price targets and others issuing bearish views, resulting in an average "Hold" rating and a price target of $79.28.
Millicom International Cellular Q2 Earnings Call Highlights
Millicom International Cellular reported strong Q2 2026 results, with service revenue up 5.4% organically and adjusted EBITDA reaching a record $1 billion. The company raised its 2026 equity free cash flow guidance to $1.1 billion and approved an additional interim dividend of $1.50 per share. These results were driven by successful prepaid-to-postpaid migration, pricing actions, and accretive acquisitions.
Millicom International Cellular (NasdaqGS:TIGO) Stock Price Faces Durability Questions After Cash Flow Record
Millicom International Cellular's stock dropped 7% despite reporting strong Q2 2026 results, including record adjusted EBITDA and equity free cash flow. While the company presented a bullish case with organic service revenue growth and improved margins, investors remain concerned about the durability of these improvements due to competitive, FX, and regulatory risks, alongside compressed profit margins and thin interest/dividend cover. The market's reaction suggests skepticism about the long-term sustainability of its performance.
Millicom Is Executing Extremely Well Across Markets
Millicom's current management team, which took over in mid-2023, has implemented a successful cost-cutting program, significantly improving profitability and cash flow without impacting revenue. These improvements are expected to continue due to attractive competitive dynamics in key markets like Guatemala and Panama. The company is also expanding this strategy to newly acquired assets in Latin America, further growing cash flow and enhancing competitive landscapes, particularly in Colombia.
Millicom International Cellular SA stock hits 52-week high at 101.99 USD
Millicom International Cellular SA (TIGO) stock has reached a new 52-week high of $101.99, reflecting strong investor confidence and a 1-year total return of over 151%. Despite an InvestingPro analysis suggesting the stock is slightly overvalued, the company recently reported exceeding revenue forecasts in Q2, raised its full-year equity free cash flow guidance, and approved a larger interim dividend, signaling strategic growth and enhanced shareholder returns.
Millicom (TIGO) boosts 2026 EFCF guidance and dividends
Millicom International Cellular S.A. (TIGO) has raised its full-year 2026 Equity Free Cash Flow (EFCF) guidance to around $1.1 billion, up from at least $900 million, and lowered its year-end leverage target to below 2.5x. This improved outlook follows strong first-half 2026 performance, marked by significant revenue growth driven by acquisitions in Colombia, Ecuador, and Uruguay, and a 56.4% increase in H1 EFCF. The company also declared an additional interim dividend of $1.50 per share, payable in two installments in early 2027, reflecting increased confidence in its financial strength and cash generation capabilities.
Millicom International Cellular S.A. (TIGO) Stock Price | Live Quotes & Charts | NASDAQ
This page provides live stock quotes and charts for Millicom International Cellular S.A. (TIGO). It shows the current stock price, which is $106.39, up $14.60 (15.91%). The article also mentions the absence of analyst ratings and earnings information for the company, while also including extensive disclaimers about the risks of day trading.
TIGO Stock Pops As UBS Lifts Target Ahead Q2 Call
Millicom International Cellular S.A. (TIGO) shares surged by 15.75% after UBS raised its price target to $100 from $90, while maintaining a Neutral rating. The stock's recent climb to $106.25 followed its Q2 2026 earnings report, pushing it above the new target. Despite a leveraged balance sheet, strong return on capital and a 3.3% dividend yield are attracting traders, making the upcoming Q2 video conference crucial for future price action.
Transcript : Millicom International Cellular S.A., Q2 2026 Earnings Call, Aug 06, 2026
Millicom International Cellular S.A. held its Q2 2026 earnings call on August 6, 2026. The call featured executives Luca Pfeifer and Marcelo Benitez discussing the company's financial results for the second quarter and six months ended June 30, 2026. Access to the full transcript is restricted to subscribers.
Millicom International Cellular SA stock hits 52-week high at 101.99 USD
Millicom International Cellular SA (TIGO) stock has reached a 52-week high of $101.99, currently trading at $102.01. Despite an InvestingPro analysis suggesting it is slightly overvalued, the company has shown strong performance with a 151.42% 1-year total return and a 73.67% year-to-date gain. Recent financial results include second-quarter revenue of $2.18 billion, surpassing forecasts, and a raised full-year equity free cash flow guidance, along with an approved interim dividend.
MILLICOM INTL CELLULAR SA ($TIGO) Releases Q2 2026 Earnings
MILLICOM INTL CELLULAR SA ($TIGO) has released its Q2 2026 earnings, reporting $0.64 earnings per share and revenue of $2,179,000,000, both surpassing analyst estimates. The article also details recent insider trading activity, showing 5 sales and no purchases in the last 6 months, and outlines significant hedge fund position changes, including large reductions by PRICE T ROWE ASSOCIATES INC and BRANDES INVESTMENT PARTNERS. Additionally, it provides recent price targets from three analysts, with a median target of $89.0.
Millicom (Tigo) Q2 2026 Earnings Release
Millicom (Tigo) announced strong second-quarter 2026 results, with revenue up 59.4% and Adjusted EBITDA exceeding $1.01 billion for the first time. The company raised its full-year 2026 equity free cash flow guidance to around $1.1 billion and lowered its year-end leverage target to below 2.5x, reflecting successful integration of acquired businesses and increased confidence in future performance. Additionally, Millicom declared an incremental interim dividend of $1.50 per share, payable in two installments in January and April 2027.
Millicom Sets $1.50 Dividend for Two Payments in 2027
Millicom (NASDAQ: TIGO) has raised its 2026 Equity Free Cash Flow (EFCF) target to around $1.1 billion and reduced its year-end leverage target to below 2.5x due to strong performance. The company also declared an interim dividend of $1.50 per share, to be paid in two equal installments of $0.75 on or around January 15, 2027, and April 15, 2027. These payments are subject to a 15% Luxembourg withholding tax.
Millicom (Tigo) raises 2026 Financial Guidance and declares $1.50 per share interim dividend
Millicom (Tigo) has increased its 2026 Equity Free Cash Flow (EFCF) target to around $1.1 billion and lowered its year-end leverage target to below 2.5x, citing strong year-to-date performance. In response to this enhanced financial outlook, the company's Board of Directors declared an interim dividend of $1.50 per share, payable in two equal installments on January 15th, 2027, and April 15th, 2027. CEO Marcelo Benitez emphasized that the company's strategy, focused on customer experience and disciplined execution, continues to yield strong results, enabling both financial strengthening and expanded connectivity in Latin America.
Millicom faces earnings test after Q1 miss, expansion push
Millicom International Cellular SA is set to report second-quarter earnings, with analysts expecting improvements after a disappointing Q1. The company's recent strategic moves, including the acquisition of Telefónica’s stake in Coltel and infrastructure investments in Central America, will be under scrutiny to determine if they translate into sustained financial performance and margin expansion. Investors are also watching whether customer growth can offset the profitability impact of its capital-intensive expansion in Latin American markets.
Millicom International Cellular SA $TIGO Stock Position Increased by Amundi
Amundi significantly increased its stake in Millicom International Cellular SA (TIGO) by 120.8% in the first quarter, now holding over 529,000 shares valued at $39.7 million. This comes as Millicom reported strong quarterly earnings, beating EPS estimates, though analyst sentiment remains mixed with a "Hold" consensus rating and an average price target of $79.28. Insider activity also noted a sale of 49,288 shares by Salvador Escalon in June.
Understanding the Setup: (TIGO) and Scalable Risk
This article analyzes Millicom International Cellular S.a. (NASDAQ: TIGO), highlighting a weak near-term sentiment but strong long-term outlook. It identifies an exceptional 28.9:1 risk-reward setup, targeting an 8.4% gain versus 0.3% risk. The piece outlines three AI-generated trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—tailored for different risk profiles and holding periods, based on multi-timeframe signal analysis.
Millicom Intl Cellular Market Sentiment
This article provides an overview of market sentiment for Millicom International Cellular (TIGO), detailing analyst consensus, short interest, options flow, and insider activity. It highlights an "Equal-Weight" analyst consensus with a target price of $61, rising short interest, and more bullish options flow. The report also includes a detailed table of recent analyst actions with their ratings and price targets.
Millicom International Cellular (TIGO) Expected to Post Quarterly Earnings on Thursday
Millicom International Cellular (NASDAQ:TIGO) is expected to release its Q2 2026 earnings before market open on Thursday, August 6th, with analysts forecasting earnings of $0.71 per share and revenue of $2.1345 billion. The company last reported strong Q1 earnings, beating consensus estimates. Insider trading and institutional investor activity have also been noted, alongside recent analyst rating changes and a consensus "Hold" rating for the stock.
Arrowstreet Capital Limited Partnership Sells 506,990 Shares of Millicom International Cellular SA $TIGO
Arrowstreet Capital Limited Partnership reduced its stake in Millicom International Cellular SA (NASDAQ:TIGO) by 53.9% in the first quarter, selling 506,990 shares and owning 433,739 shares valued at $32.5 million. Other institutional investors have also adjusted their positions, while analysts have issued various ratings and price targets for the company. Millicom International Cellular SA reported strong quarterly earnings and its stock has seen a 0.3% increase in trading.
Renaissance Technologies LLC Grows Stock Holdings in Millicom International Cellular SA $TIGO
Renaissance Technologies LLC significantly increased its stake in Millicom International Cellular SA (NASDAQ: TIGO) by 18.9% in the first quarter, now holding 549,792 shares valued at $41.2 million. Other institutional investors like JPMorgan Chase & Co. and State Street Corp also boosted their positions. Analyst ratings are mixed, with some firms raising price targets while Zacks downgraded the stock to a "strong sell," resulting in a consensus "Hold" rating and an average target price of $79.28.
Bank of New York Mellon Corp Purchases 29,671 Shares of Millicom International Cellular SA $TIGO
Bank of New York Mellon Corp increased its stake in Millicom International Cellular SA by 8.4% in the first quarter, adding 29,671 shares. Following this acquisition, the firm now owns 384,848 shares of TIGO, valued at $28.84 million. Other hedge funds have also adjusted their holdings, and an insider recently sold a significant number of shares.
Millicom plans Aug. 6 video conference on second-quarter results
Millicom (NASDAQ: TIGO) will announce its second quarter 2026 results on August 6, 2026, via press release. The company will also host a video conference for the global financial community on the same day at 08:00 New York / 14:00 Luxembourg / 13:00 London. Registration is required for participation, and a replay will be available on the Millicom investors website.
Millicom (Tigo) notice of second quarter 2026 results and video conference
Millicom (Tigo) announced it anticipates releasing its second-quarter 2026 results on August 6, 2026, via a press release. The company also plans to host a video conference on the same date for the global financial community. Registration is required for the interactive event, with options to join in listen-only mode.
TIGO|Millicom International Cellular SA|Price:94.980|Chg%:+0.440
This article provides a financial summary for Millicom International Cellular SA (TIGO), detailing its recent stock performance, market capitalization, and key financial indicators from its FY2025 earnings report. It includes quarterly and annual data for EPS, revenue, net profit, margins, debt-to-assets ratio, and cash flow components. The report also lists upcoming earnings details and provides answers to frequently asked questions about the company's financials.
Millicom International Cellular SA (TIGO) Balance Sheet
This article provides a detailed balance sheet for Millicom International Cellular SA (TIGO), presenting quarterly and annual financial metrics such as total equity, cash, receivables, inventory, prepaid expenses, and various assets and liabilities. It also includes key financial data for the latest reported quarter, such as total assets of $17.25 billion and total liabilities of $13.63 billion, along with answers to frequently asked questions about balance sheet analysis for TIGO stock.
First Trust Advisors LP Cuts Stock Holdings in Millicom International Cellular SA $TIGO
First Trust Advisors LP significantly reduced its stake in Millicom International Cellular SA (NASDAQ:TIGO) by 18.1% in the first quarter, selling over 162,000 shares. Despite this, other institutional investors increased their positions, and an insider sold a substantial amount of shares. Millicom reported strong Q1 earnings, beating analyst estimates, and currently holds a "Hold" consensus rating from analysts with an average target price of $79.28.
Gabelli Funds LLC Lowers Stock Holdings in Millicom International Cellular SA $TIGO
Gabelli Funds LLC reduced its stake in Millicom International Cellular SA (NASDAQ:TIGO) by 12.4% in the first quarter, selling 52,000 shares, but still holds 367,100 shares valued at $27.5 million. The stock shows mixed analyst sentiment with an average "Hold" rating and a target price of $79.28, despite strong quarterly earnings where EPS beat estimates. Millicom's shares recently traded near their 52-week high, and insider activity includes a significant sale by Salvador Escalon.
Public Employees Retirement System of Ohio Has $31.30 Million Holdings in Millicom International Cellular SA $TIGO
The Public Employees Retirement System of Ohio has reported a holding of $31.30 million in Millicom International Cellular SA, despite reducing its stake by 8.2% in the first quarter. This comes as analyst sentiment for the NASDAQ:TIGO stock is mixed, with some increasing price targets and others adopting a more cautious stance, resulting in an overall "Hold" consensus. Additionally, the company reported stronger-than-expected quarterly EPS, though an insider recently sold a significant portion of their shares.
Millicom International Cellular SA
This article provides a revenue breakdown for Millicom International Cellular SA (TIGO) by region, showing specific revenue figures and proportions for Guatemala, Colombia, Panama, Honduras, and other areas. It indicates that data for business segments and future fiscal years (FY2025 onwards) have not yet been disclosed by the company. The financial data is updated as of April 6 (currency USD).
Millicom International Cellular SA (TIGO) Institutional Confidence
Millicom International Cellular SA (TIGO) has an institutional shareholding score of 3.00, placing it 30th out of 54 in the Telecommunications Services industry. Institutional shareholding increased by 5.34% quarter-over-quarter, now standing at 46.62%. The largest institutional holder is Brandes Investment, with 2.82 million shares, representing 1.95% of shares outstanding.
Millicom International Cellular SA (TIGO) Shareholder Structure: Major Shareholders & Institutional Holdings
This article provides details on the shareholder structure of Millicom International Cellular SA (TIGO), highlighting its major shareholders and institutional holdings. Key shareholders include Atlas Investissement, Dodge & Cox, and BlackRock, with a breakdown by shareholder type and historical institutional ownership data. The report also lists ETFs with holdings in TIGO.
Millicom International Cellular SA (TIGO) Valuation: PE, PB & Fair Value Analysis
This article provides a valuation analysis for Millicom International Cellular SA (TIGO), noting its current valuation score of 8.62, which ranks 20th in the Telecommunications Services industry. It highlights the current P/E ratio of 12.84, contrasting it with historical highs and lows, but states that P/B, P/S, and P/CF data have not yet been disclosed by the company. The overview includes key financial metrics like market cap and current stock price.
Millicom stock holds ground as Latin American growth offsets currency and debt pressures
Millicom's stock performance reflects a balance between steady operating growth in Latin America and efforts to manage debt and currency pressures. The company reported revenue of approximately $5.7 billion in 2023, driven by growth in mobile and cable operations, particularly in high-speed data and postpaid mobile segments. Millicom aims for continued service revenue expansion and deleveraging in 2024, focusing on reducing net debt and refinancing maturities while expanding its Tigo Money fintech platform and digital services.
Hsbc Holdings PLC Purchases 21,175 Shares of Millicom International Cellular SA $TIGO
HSBC Holdings PLC increased its stake in Millicom International Cellular SA ($TIGO) by 38.8% in the first quarter, purchasing an additional 21,175 shares to bring its total to 75,751 shares valued at $5.7 million. Millicom reported strong quarterly earnings, beating EPS estimates, although analyst ratings are mixed with a "Hold" consensus and a target price of $79.28. Other institutional investors also adjusted their positions, and insider Salvador Escalon sold a significant number of shares.
Millicom International Cellular SA|Price:95.510|Chg%:-0.740
Millicom International Cellular SA (TIGO) is highlighted as a high dividend payer with a fairly valued stock, despite recent institutional selling. The company's fundamentals are stable with significant growth potential, although analysts currently rate it as "Hold" with a target price indicating a downside. TradingKey's analysis suggests a potential for range-bound swing trading due to the stock trading sideways between support and resistance levels.
Militia Capital Management LLC Purchases New Holdings in Millicom International Cellular SA $TIGO
Militia Capital Management LLC initiated a new position in Millicom International Cellular SA (NASDAQ:TIGO) during the first quarter, acquiring 63,000 shares valued at approximately $4.72 million. This investment now constitutes 1.0% of Militia Capital Management's portfolio, making it their 12th largest holding. Millicom recently exceeded earnings expectations, reporting a Q1 EPS of $0.97 against a consensus of $0.89, with revenue matching estimates at $1.99 billion.
ABN Amro Investment Solutions Buys New Shares in Millicom International Cellular SA $TIGO
ABN Amro Investment Solutions has acquired a new stake of 119,081 shares in Millicom International Cellular SA, valued at approximately $8.92 million, during the first quarter. This purchase makes ABN Amro Investment Solutions one of several institutional investors to adjust their positions in Millicom, with other major firms like JPMorgan Chase & Co. and State Street Corp also increasing their holdings. Analysts have given Millicom a consensus "Hold" rating with an average target price of $79.28, despite a recent insider stock sale.
Millicom International Cellular SA stock hits 52-week high at $100.14
Millicom International Cellular SA (TIGO) stock has reached a 52-week high of $100.14, demonstrating impressive performance with a 161% total return over the past year and an 86.6% year-to-date return. Despite this milestone and a "GREAT" financial health rating from InvestingPro, the company recently reported a significant Q1 2026 EPS shortfall, alongside a revenue beat, and received a downgrade to Neutral from UBS due to valuation concerns. Analysts and investors are monitoring whether the stock's upward momentum can persist amid these mixed signals.
