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NASDAQ: TIGO
Millicom International Cellular Sa Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for TIGO

Based on 3 analysts offering 12 month price targets for Millicom International Cellular Sa.
Min Forecast
$33.00+23.09%
Avg Forecast
$35.10+30.92%
Max Forecast
$37.30+39.13%

Should I buy or sell TIGO stock?

Based on 3 analysts offering ratings for Millicom International Cellular Sa.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their TIGO stock forecasts and price targets.

TIGO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-09-20
lockedlocked$00.00+00.00%2024-09-06
lockedlocked$00.00+00.00%2024-08-15

1 of 1

Forecast return on equity

Is TIGO forecast to generate an efficient return?
Company
15.68%
Industry
48.16%
Market
52.23%
TIGO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TIGO forecast to generate an efficient return on assets?
Company
4.06%
Industry
12.8%
TIGO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TIGO earnings per share forecast

What is TIGO's earnings per share in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$2.33+269.84%
Avg 2 year Forecast
$2.93+365.08%
Avg 3 year Forecast
$3.35+431.75%
TIGO's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TIGO revenue forecast

What is TIGO's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$5.9B+0.25%
Avg 2 year Forecast
$5.9B+0.99%
Avg 3 year Forecast
$6.0B+3.33%
TIGO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TIGO earnings growth forecast

How is TIGO forecast to perform vs Telecom Services companies and vs the US market?
Company
113.44%
Industry
18.95%
Market
20.1%
TIGO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TIGO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TIGO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TIGO revenue growth forecast

How is TIGO forecast to perform vs Telecom Services companies and vs the US market?
Company
0.76%
Industry
1.41%
Market
8.79%
TIGO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TIGO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TIGO vs Telecom Stocks

TickerPricePrice TargetUp/downsideConsensus
TIGO$26.81$35.10+30.92%Strong Buy
USM$56.10$72.00+28.34%Strong Buy
CCOI$80.45$77.50-3.67%Buy
IDCC$155.32$130.00-16.30%Buy
TKC$6.21N/AN/A
View Top Telecom Stocks

Millicom International Cellular Sa Stock Forecast FAQ

Is Millicom International Cellular Sa Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: TIGO) stock is to Strong Buy TIGO stock.

Out of 3 analysts, 2 (66.67%) are recommending TIGO as a Strong Buy, 1 (33.33%) are recommending TIGO as a Buy, 0 (0%) are recommending TIGO as a Hold, 0 (0%) are recommending TIGO as a Sell, and 0 (0%) are recommending TIGO as a Strong Sell.

If you're new to stock investing, here's how to buy Millicom International Cellular Sa stock.

What is TIGO's earnings growth forecast for 2024-2026?

(NASDAQ: TIGO) Millicom International Cellular Sa's forecast annual earnings growth rate of 113.44% is forecast to beat the US Telecom Services industry's average forecast earnings growth rate of 18.95%, and it is also forecast to beat the US market's average forecast earnings growth rate of 20.1%.

Millicom International Cellular Sa's earnings in 2024 is $146,000,000.On average, 1 Wall Street analyst forecast TIGO's earnings for 2024 to be $400,984,391, with the lowest TIGO earnings forecast at $400,984,391, and the highest TIGO earnings forecast at $400,984,391. On average, 1 Wall Street analyst forecast TIGO's earnings for 2025 to be $504,242,174, with the lowest TIGO earnings forecast at $504,242,174, and the highest TIGO earnings forecast at $504,242,174.

In 2026, TIGO is forecast to generate $576,522,622 in earnings, with the lowest earnings forecast at $576,522,622 and the highest earnings forecast at $576,522,622.

What is TIGO's revenue growth forecast for 2024-2026?

(NASDAQ: TIGO) Millicom International Cellular Sa's forecast annual revenue growth rate of 0.76% is not forecast to beat the US Telecom Services industry's average forecast revenue growth rate of 1.41%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.79%.

Millicom International Cellular Sa's revenue in 2024 is $5,844,000,000.On average, 1 Wall Street analysts forecast TIGO's revenue for 2024 to be $1,008,198,667,434, with the lowest TIGO revenue forecast at $1,008,198,667,434, and the highest TIGO revenue forecast at $1,008,198,667,434. On average, 1 Wall Street analysts forecast TIGO's revenue for 2025 to be $1,015,708,950,184, with the lowest TIGO revenue forecast at $1,015,708,950,184, and the highest TIGO revenue forecast at $1,015,708,950,184.

In 2026, TIGO is forecast to generate $1,039,227,631,225 in revenue, with the lowest revenue forecast at $1,039,227,631,225 and the highest revenue forecast at $1,039,227,631,225.

What is TIGO's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: TIGO) forecast ROA is 4.06%, which is lower than the forecast US Telecom Services industry average of 12.8%.

What is TIGO's Price Target?

According to 3 Wall Street analysts that have issued a 1 year TIGO price target, the average TIGO price target is $35.10, with the highest TIGO stock price forecast at $37.30 and the lowest TIGO stock price forecast at $33.00.

On average, Wall Street analysts predict that Millicom International Cellular Sa's share price could reach $35.10 by Sep 20, 2025. The average Millicom International Cellular Sa stock price prediction forecasts a potential upside of 30.92% from the current TIGO share price of $26.81.

What is TIGO's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: TIGO) Millicom International Cellular Sa's current Earnings Per Share (EPS) is $0.63. On average, analysts forecast that TIGO's EPS will be $2.33 for 2024, with the lowest EPS forecast at $2.33, and the highest EPS forecast at $2.33. On average, analysts forecast that TIGO's EPS will be $2.93 for 2025, with the lowest EPS forecast at $2.93, and the highest EPS forecast at $2.93. In 2026, TIGO's EPS is forecast to hit $3.35 (min: $3.35, max: $3.35).

What is TIGO's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: TIGO) forecast ROE is 15.68%, which is considered weak.
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