Analyst Price Targets — TIGO
| Date | Analyst | Firm | Target | Price @ Post | Source | Headline |
|---|---|---|---|---|---|---|
| August 20, 2026 8:15 am | — | Morgan Stanley | $94.00 | $88.75 | TheFly | Millicom price target raised to $94 from $80 at Morgan Stanley |
| August 18, 2026 7:32 am | — | RBC Capital | $105.00 | $94.26 | StreetInsider | JPMorgan Downgrades Millicom International Cellular SA (TIGO) to Neutral |
| August 7, 2026 12:20 pm | Andres Coello | Scotiabank | $60.10 | $99.93 | TheFly | Millicom price target raised to $60.10 from $52.40 at Scotiabank |
| July 14, 2026 1:40 pm | Leonardo Olmos | UBS | $100.00 | $98.44 | TheFly | Millicom price target raised to $100 from $90 at UBS |
| May 27, 2026 3:00 pm | Andres Coello | Scotiabank | $52.40 | $85.46 | TheFly | Millicom price target raised to $52.40 from $51.20 at Scotiabank |
| May 24, 2026 8:33 pm | Leonardo Olmos | UBS | $90.00 | $85.84 | TheFly | Millicom downgraded to Neutral from Buy at UBS |
| March 6, 2026 1:00 pm | Phani Kanumuri | HSBC | $89.00 | $69.47 | StreetInsider | HSBC Upgrades Millicom International Cellular SA (TIGO) to Buy |
| February 26, 2026 12:58 pm | Cesar Medina | Morgan Stanley | $55.00 | $70.84 | StreetInsider | Morgan Stanley on Millicom International Cellular SA (TIGO): 'Accelerating But Watch 2026 Guide' |
| February 11, 2026 1:16 am | — | Scotiabank | $43.00 | $65.69 | TheFly | Millicom downgraded to Underperform from Sector Perform at Scotiabank |
| January 15, 2026 9:41 am | — | UBS | $70.00 | $52.60 | TheFly | Millicom upgraded to Buy from Neutral at UBS |
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Latest News for TIGO

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…

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

Markets stumbled to start the week as oil surged, Iran rattled nerves, and bond yields hit levels not seen since 2007, leaving Wall Street analysts scrambling to reassess positions across retail, tech, and telecom ahead of Tuesday's open.

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…

On August 06, 2026, Millicom International Cellular SA (TIGO) shares rose 13.7% to a current price of $104.31, reflecting strong performance in the stock market
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