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Analyst Price Targets — TIGO

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DateAnalystFirmTargetPrice @ PostSourceHeadline
August 20, 2026 8:15 amMorgan Stanley$94.00$88.75TheFly Millicom price target raised to $94 from $80 at Morgan Stanley
August 18, 2026 7:32 amRBC Capital$105.00$94.26StreetInsider JPMorgan Downgrades Millicom International Cellular SA (TIGO) to Neutral
August 7, 2026 12:20 pmAndres CoelloScotiabank$60.10$99.93TheFly Millicom price target raised to $60.10 from $52.40 at Scotiabank
July 14, 2026 1:40 pmLeonardo OlmosUBS$100.00$98.44TheFly Millicom price target raised to $100 from $90 at UBS
May 27, 2026 3:00 pmAndres CoelloScotiabank$52.40$85.46TheFly Millicom price target raised to $52.40 from $51.20 at Scotiabank
May 24, 2026 8:33 pmLeonardo OlmosUBS$90.00$85.84TheFly Millicom downgraded to Neutral from Buy at UBS
March 6, 2026 1:00 pmPhani KanumuriHSBC$89.00$69.47StreetInsider HSBC Upgrades Millicom International Cellular SA (TIGO) to Buy
February 26, 2026 12:58 pmCesar MedinaMorgan Stanley$55.00$70.84StreetInsider Morgan Stanley on Millicom International Cellular SA (TIGO): 'Accelerating But Watch 2026 Guide'
February 11, 2026 1:16 amScotiabank$43.00$65.69TheFly Millicom downgraded to Underperform from Sector Perform at Scotiabank
January 15, 2026 9:41 amUBS$70.00$52.60TheFly Millicom upgraded to Buy from Neutral at UBS

Latest News for TIGO

Millicom: The Acquisition Playbook Is Working

Millicom International Cellular (TIGO) delivered a strong Q2, with adjusted EBITDA surpassing $1 billion and record equity free cash flow, prompting a guidance raise. Recent acquisitions, especially 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…

Seeking Alpha • Aug 25, 2026
Bank of America Corp DE Raises Stock Position in Millicom International Cellular SA $TIGO

Bank of America Corp DE grew its stake in shares of Millicom International Cellular SA (NASDAQ: TIGO) by 22.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 243,778 shares of the technology company's stock after purchasing an additional 43,947 shares during

Defense World • Aug 20, 2026
Millicom International Cellular Q2 Earnings Call Highlights

Millicom International Cellular NASDAQ: TIGO reported second-quarter 2026 service revenue of $2 billion, up 5.4% organically year over year and 60.1% on a reported basis, as its prepaid-to-postpaid migration strategy, pricing actions and recent acquisitions supported growth. Adjusted EBITDA reached a company record of $1 billion, while equity free cash flow rose more than 50% from a year earlier to a record $327…

MarketBeat • Aug 7, 2026

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