Millicom International Cellular S.A (TIGO) Stock Forecast
TIGO analyst forecast
as of October 17, 2026- Analyst consensus
- Hold 3.12 / 5 from 8 analysts
- Price target
- $96.39 average of analyst targets
- Upside to target
- +16.3% from the latest close
- Next earnings
- November 5, 2026 EPS estimate $1.08
- 52-week range
- $45.81 – $104.31
TIGO analyst ratings
8 analystsNumber of analysts at each rating.
TIGO price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
TIGO earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.83 | $0.83 | $0.83 | $1.17 | −29.1% | 1 |
| Current fiscal year (2026) | $4.55 | $2.41 | $6.13 | $3.89 | +16.8% | 5 |
| Next fiscal year (2027) | $7.05 | $3.09 | $10.07 | $4.55 | +55.0% | 5 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
TIGO revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.23B | $2.14B | $2.31B | +57.2% | 3 |
| Current fiscal year (2026) | $8.76B | $8.47B | $9.40B | +50.6% | 8 |
| Next fiscal year (2027) | $9.15B | $8.64B | $9.64B | +4.4% | 8 |
TIGO EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
TIGO revenue: reported and forecast
TIGO EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 | — | 0 up · 0 down |
| Current fiscal year (2026) | $4.74 | $4.90 | $4.54 | $4.54 | $4.55 | −4.1% | 2 up · 2 down |
| Next fiscal year (2027) | $7.20 | $7.77 | $7.05 | $7.05 | $7.05 | −2.1% | 2 up · 2 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
TIGO earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; TIGO beat in 4 of 12.
What analysts expect from TIGO
8 analysts cover Millicom International Cellular S.A; their consensus rating is hold (3.12 on a 1–5 scale, where 5 is a strong buy). The average price target is $96.39, 16.3% above the latest close of $82.86. Analysts expect earnings of $4.55 per share for 2026, +16.8% from a year earlier. For 2027 the average estimate is $7.05 per share on revenue of $9.1 billion. Millicom International Cellular S.A beat the EPS estimate in 4 of the last 12 quarters.
Related: TIGO income statement, TIGO key metrics, TIGO chart. See the TIGO stock overview for the latest quote and news.
TIGO forecast FAQ
What is Millicom International Cellular S.A's price target?
The average analyst price target for Millicom International Cellular S.A is $96.39, 16.3% above the latest close of $82.86.
Is Millicom International Cellular S.A a buy, hold or sell?
Of 8 analysts covering Millicom International Cellular S.A, 1 rate it a strong buy, 0 a buy, 6 a hold, 1 a sell and 0 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.
What is Millicom International Cellular S.A's EPS forecast?
Analysts forecast $4.55 per share for 2026 (range $2.41 to $6.13); for 2027 the estimate is $7.05.
What is Millicom International Cellular S.A's revenue forecast?
The average revenue estimate for 2026 is $8.8 billion, growth of 50.6%; for 2027 it is $9.1 billion.
When does Millicom International Cellular S.A report earnings?
Millicom International Cellular S.A is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens; the EPS estimate is $1.08.
Does Millicom International Cellular S.A usually beat earnings estimates?
Millicom International Cellular S.A reported EPS at or above the analyst estimate in 4 of the last 12 quarters.