Upgrade

Millicom International Cellular

TIGO

Last
$79.48
Day
-9.6%
1y
+85.8%
5y
+143.7%
52w
-17.9%
SPY YTD
+13.3%
XLC
-4.1%
Earnings
2026-11-0525d
EMA 21
91.00
EMA 50
92.09
EMA 200
81.13
20d high
-9.4%
5y high
-17.9%
5y range
80th
Website · 14,250 employees · Luxembourg

Positions held

Your positions

TIGO isn't in your positions.

Add it to see shares, cost, and P&L here.

Score
-16
Hold
avoid
Signal
Strong Sell
Target
$93.91
Stop
$82.99
Stop distance
4.4%
Target vs last
+18.2%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Millicom International Cellular is well-positioned in the telecom services industry, leveraging its strong market presence to capitalize on the growing demand for mobile and internet services in emerging markets.
  • In the latest quarter, revenue increased by 10% compared to the prior quarter, reaching $2.2 billion.
  • The company reported a gross margin of 75.3%, although it slightly decreased from 75.9% in the previous quarter.
Bear case
  • Despite its growth potential, Millicom faces significant challenges, including a high debt-to-equity ratio of 485.16, which raises concerns about financial stability.
  • The company's net income was negative in 2023, at -$82 million, indicating ongoing profitability issues.
  • Current market signals indicate a 'Sell' recommendation with a score of -14.00, reflecting negative trends and bearish indicators.

Fundamentals

Market cap$14.75BEnterprise value$26.02BTrailing P/E22.21Forward P/E12.48
PEG0.32Price / book6.01Beta0.90Dividend yield3.41%
Revenue growth59.4%Earnings growth-84.0%Gross margin76.5%Operating margin20.7%
Profit margin9.2%ROE21.7%ROA5.9%Debt / equity4.85
Current ratio0.54Free cash flow$1.88BAnalyst recommendationholdMean target$98.39
52w high$107.1352w low$44.88

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$2.2B$2.0B$1.7B$1.4B$1.4B—
Op margin20.7%21.5%24.5%26.5%24.9%—
Net income$109M$109M$252M$195M$676M—
Gross margin75.3%75.9%77.8%78.0%77.0%—
Gross profit$1.6B$1.5B$1.3B$1.1B$1.1B—
Operating income$452M$427M$405M$376M$341M—
  • Revenue +10% vs prior quarter ($2.2B vs $2.0B).
  • Gross margin 75.3% (was 75.9% prior quarter).

Yearly (6y)

20252024202320222021
Revenue$5.8B$5.8B$5.7B$5.6B—
Op margin25.8%21.9%13.8%15.7%—
Net income$1.3B$253M-$82.0M$177M—
Gross margin77.5%75.5%73.3%73.2%—
Gross profit$4.5B$4.4B$4.2B$4.1B—
Operating income$1.5B$1.3B$779M$885M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

TIGO · daily-6.8% over 13 sessions
Close EMA21 EMA50 EMA200
82.0885.4788.8692.2595.642026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$545M$1.1B$1.6B$2.2B0%39%78%2025-Q22025-Q32025-Q42026-Q12026-Q2