Millicom International Cellular SA (NASDAQ:TIGO) Stock Has Average Price Target of $85.68 According to Brokerages
Millicom International Cellular SA (NASDAQ:TIGO) has received an average "Hold" rating from seven brokerages, with an average 12-month price target of $85.68, which is below its opening price of $88.32. The company recently declared a quarterly dividend of $0.75 per share, equating to a 3.4% annual yield. Despite a high debt-to-equity ratio, institutional investors have increased their stakes in the company.
Millicom International Cellular SA (TIGO) Shares Fall 5.0% -- GF Value Says Still Overvalued
Millicom International Cellular SA (TIGO) shares fell 5.0% to $87.14, with GuruFocus' GF Value indicating the stock is 124.7% overvalued compared to its estimated fair value of $38.78. Despite a GF Score of 62/100, showing strengths in growth, the company exhibits significant weaknesses in valuation and financial strength. Insider activity reveals substantial selling ($8.3 million) with no purchases, suggesting caution for potential investors.
A reported 49.5% stake includes shares still scheduled for purchase at Millicom (TIGO).
Atlas Investissement SAS is set to acquire an additional 6 million common shares of Millicom International Cellular S.A. (TIGO) for approximately $568 million on September 25, 2026, increasing its beneficial ownership to 49.5%. This transaction includes both existing holdings and the scheduled purchase, funded by cash on hand and increased financing. Atlas also intends to further increase its ownership to 50.5%, subject to regulatory approvals and market conditions.
Engineers Gate Manager LP Decreases Position in Millicom International Cellular SA $TIGO
Engineers Gate Manager LP significantly reduced its stake in Millicom International Cellular SA (NASDAQ:TIGO) by 90.5% in the second quarter, selling over 63,000 shares. Despite this, other institutional investors like Cullen Capital Management and Sweden’s Fourth National Pension Fund initiated new positions, while Renaissance Technologies, Sei Investments, and Amundi increased their holdings. Analysts currently maintain a consensus "Hold" rating for TIGO, with an average price target of $85.68.
Millicom stock advances 0.90 percent before the bell
Millicom stock (SE0001174970) saw a 0.90 percent increase in its US listing, closing at USD 95.11 on September 22, 2026, outperforming the Nasdaq Composite's 0.24 percent gain. The article also mentions upcoming US economic data for September 23, 2026, including manufacturing PMI and EIA crude oil inventories.
Millicom’s (TIGO) Profit Plunged 84% While Cash Flow Hit A Record
Millicom International Cellular (NASDAQ: TIGO) reported a 59.4% revenue jump and record Adjusted EBITDA and equity free cash flow in Q2 2026, largely driven by acquisitions. Despite this, net profit attributable to owners plunged 83.9%, raising questions about the quality of growth. The company increased its dividend and raised cash flow guidance, but organic revenue growth remains modest.
Full Transcript: Millicom Intl Cellular Q2 2026 Earnings Call
Millicom Intl Cellular reported a strong Q2 2026 with service revenue of $2 billion (5.4% organic growth) and record adjusted EBITDA of $1 billion (9.1% organic growth). The company raised its 2026 equity free cash flow guidance to $1.1 billion and aims for a leverage target below 2.5 times, reflecting successful integration of acquisitions and efficiency initiatives. An interim dividend of $1.50 per share was also announced, underscoring confidence in cash generation.
Millicom International Cellular SA $TIGO Shares Purchased by Tidal Investments LLC
Tidal Investments LLC significantly increased its stake in Millicom International Cellular SA (NASDAQ:TIGO) by 232.9% in the second quarter, bringing its total holdings to 21,586 shares valued at $1.96 million. Several other institutional investors also adjusted their positions in the company. Millicom's stock has a "Hold" consensus rating from analysts with an average price target of $85.68, and the company recently declared a quarterly dividend of $0.75 per share.
Millicom Hires Tower Strategy for Telecom Lobbying
Millicom International Cellular SA has engaged Tower Strategy LLC for lobbying efforts covering telecommunications, trade, foreign relations, and economic development. The lobbying team includes Rick de la Torre and César Dager. Millicom reported significant revenue and profit in 2025, along with a Department of Justice settlement and major telecom acquisitions.
Why (TIGO) Price Action Is Critical for Tactical Trading
The article analyzes Millicom International Cellular S.a. (NASDAQ: TIGO) with a near-term neutral sentiment amidst mid and long-term strength, noting a mid-channel oscillation pattern. It presents three AI-generated trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—along with multi-timeframe signal analysis, highlighting a significant 26.7:1 risk-reward short setup. The analysis provides entry, target, and stop-loss levels for different strategies based on AI models.
Millicom International Cellular SA $TIGO Shares Acquired by California State Teachers Retirement System
The California State Teachers Retirement System significantly increased its stake in Millicom International Cellular SA ($TIGO) by 9,089.9% in Q2, acquiring over 10 million shares, now owning 6.12% of the company valued at $938.8 million. Other institutional investors also adjusted their positions. Millicom shares opened at $96.68, with a market capitalization of $16.34 billion, and analysts have a mixed "Hold" consensus rating with an average price target of $85.68.
Millicom International Cellular SA (NASDAQ:TIGO) Given Average Recommendation of "Hold" by Brokerages
Millicom International Cellular SA (NASDAQ:TIGO) has received an average "Hold" recommendation from seven brokerages, with an average 12-month price target of $85.68. Recent analyst updates show mixed sentiments, with some firms raising price targets while maintaining neutral or underperform ratings. The company's shares opened at $94.83, near its 50-day moving average, with a market capitalization of $16.03 billion.
77,282 Shares in Millicom International Cellular SA $TIGO Purchased by Saudi Central Bank
Saudi Central Bank recently acquired 77,282 shares of Millicom International Cellular SA ($TIGO) valued at approximately $7 million during the second quarter. This move is part of broader institutional investor activity in TIGO, with several other firms also modifying their stakes. The stock's performance and analyst ratings are mixed, with a consensus "Hold" rating and an average price target of $85.68 despite some recent upgrades.
Bank of New York Mellon Corp Makes New Investment in Millicom International Cellular SA $TIGO
Bank of New York Mellon Corp has acquired a new position in Millicom International Cellular SA (NASDAQ:TIGO), purchasing over 504,000 shares valued at approximately $45.8 million, representing a 0.30% stake. Other institutional investors also adjusted their holdings. The stock currently has a market capitalization of $15.75 billion, trades near its 50-day average, and has mixed analyst ratings, with an average "Hold" and a price target of $85.68.
Millicom stock trades in the mid-$90s as acquisition strategy lifts recent earnings
Millicom's stock is trading in the mid-$90s, with a closing price of $95.23 on August 25, 2026, driven by positive impacts from its recent acquisition strategy, particularly the Coltel deal. The latest earnings report
Millicom: The Acquisition Playbook Is Working (NASDAQ:TIGO)
Millicom International Cellular delivered a strong Q2, with adjusted EBITDA surpassing $1 billion and record equity free cash flow, prompting a guidance raise. Recent acquisitions, particularly Coltel in Colombia, are already accretive to equity free cash flow, and integration is ahead of plan across key markets. Management increased full-year equity free cash flow guidance by over 20% and improved the leverage target, supporting a $4.50 per share AGM-to-AGM dividend.
Cullen Capital Management LLC Acquires New Stake in Millicom International Cellular SA $TIGO
Cullen Capital Management LLC recently acquired a new stake in Millicom International Cellular SA (NASDAQ:TIGO), purchasing 785,131 shares valued at approximately $71.26 million. This makes Cullen Capital Management LLC the owner of about 0.46% of the company's stock. Other institutional investors have also adjusted their positions in TIGO, while analysts have issued varied ratings and price targets for the stock.
Millicom International Cellular SA (M4M1) Q1 2023 Earnings Report - Results, Call & Slides
Millicom International Cellular SA (M4M1) released its Q1 2023 earnings report, missing both EPS and revenue expectations. The company reported an actual EPS of -€0.10 against a consensus of €0.28 and actual revenue of €1.18 billion, missing the expected €1.20 billion. The next earnings announcement is estimated for November 5, 2026.
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 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) 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 (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.
