Millicom Intl Cellular (TIGO) Stock Price Target 2026

The average analyst price target for Millicom Intl Cellular is $70.35, 21.5% below the current price. Of 3 analysts, 1 rates it Buy and 2 Hold. Targets range from $32 to $105. The latest change came on Aug 18, 2026, when JP Morgan downgraded Millicom Intl Cellular from Overweight to Neutral and moved its price target from $100 to $105.

The Average Analyst Price Target for Millicom Intl Cellular is $70.35.

Price Target Range — 10 Quarters

Analyst Consensus — 3 Analysts

1Buy

2Hold

Consensus RatingEqual-Weight# Analysts3Avg. Consensus PT$70.35Upside to Avg. PT-21.5%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Millicom Intl Cellular Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Aug 18, 2026	JP Morgan	Marcelo Santos	Downgrade	Overweight→Neutral	$100→$105
Aug 7, 2026	Scotiabank	Andres Coello	PT Raise	Sector Underperform	$52→$60
Jul 14, 2026	UBS	Leonardo Olmos	PT Raise	Neutral	$90→$100
May 27, 2026	Scotiabank	Andres Coello	PT Raise	Sector Underperform	$51→$52
May 20, 2026	JP Morgan	Marcelo Santos	PT Raise	Overweight	$86→$100
Mar 30, 2026	Scotiabank	Andres Coello	PT Raise	Sector Underperform	$43→$51
Mar 6, 2026	HSBC	Phani Kanumuri	Upgrade	Hold→Buy	$89
Feb 11, 2026	Scotiabank	Andres Coello	Downgrade	Sector Perform→Sector Underperform	$47→$43
Jan 15, 2026	UBS	Leonardo Olmos	Upgrade	Neutral→Buy	$49→$70
Nov 17, 2025	JP Morgan	Marcelo Santos	PT Raise	Overweight	$55→$63
Nov 7, 2025	Scotiabank	Andres Coello	PT Raise	Sector Perform	$46→$47
Sep 11, 2025	UBS	Leonardo Olmos	Downgrade	Buy→Neutral	$40→$49
Aug 19, 2025	Scotiabank	Andres Coello	PT Raise	Sector Perform	$37→$46
Aug 14, 2025	JP Morgan	Marcelo Santos	PT Raise	Overweight	$50→$55
Jun 27, 2025	UBS	Leonardo Olmos	PT Raise	Neutral	$18→$25
Jun 17, 2025	Scotiabank	Andres Coello	Downgrade	Sector Outperform→Sector Perform	$37
May 27, 2025	JP Morgan	Marcelo Santos	PT Raise	Overweight	$41→$50
May 16, 2025	UBS	Leonardo Olmos	PT Raise	Buy	$32→$40
Apr 3, 2025	Barclays	Mathieu Robilliard	PT Cut	Equal-Weight	$310→$36
Apr 3, 2025	JP Morgan	Marcelo Santos	PT Raise	Overweight	$33→$41

Analyst Ratings News

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JP Morgan Downgrades Millicom Intl Cellular to Neutral, Raises Price Target to $105

JP Morgan analyst Marcelo Santos downgrades Millicom Intl Cellular (NASDAQ:TIGO) from Overweight to Neutral and raises the price target from $100 to $105.

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Scotiabank Maintains Sector Underperform on Millicom Intl Cellular, Raises Price Target to $60.1

Scotiabank analyst Andres Coello maintains Millicom Intl Cellular (NASDAQ:TIGO) with a Sector Underperform and raises the price target from $52.4 to $60.1.

Benzinga Newsdesk

PRO
Scotiabank Maintains Sector Underperform on Millicom Intl Cellular, Raises Price Target to $52.4

Scotiabank analyst Andres Coello maintains Millicom Intl Cellular (NASDAQ:TIGO) with a Sector Underperform and raises the price target from $51.2 to $52.4.

Benzinga Newsdesk

PRO
JP Morgan Maintains Overweight on Millicom Intl Cellular, Raises Price Target to $100

JP Morgan analyst Marcelo Santos maintains Millicom Intl Cellular (NASDAQ:TIGO) with a Overweight and raises the price target from $86 to $100.

Benzinga Newsdesk

Millicom International Cellular SA

Millicom Intl Cellular (TIGO) Stock Price Target 2026

The Average Analyst Price Target for Millicom Intl Cellular is $70.35.

Latest Upgrades and Downgrades for Millicom Intl Cellular Stock

Analyst Ratings News

Wall Street's Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 3% Dividend Yields

PRO
JP Morgan Downgrades Millicom Intl Cellular to Neutral, Raises Price Target to $105

5 Stock Picks Last Week From Wall Street's Most Accurate Analysts

PRO
Scotiabank Maintains Sector Underperform on Millicom Intl Cellular, Raises Price Target to $60.1

PRO
Scotiabank Maintains Sector Underperform on Millicom Intl Cellular, Raises Price Target to $52.4

PRO
JP Morgan Maintains Overweight on Millicom Intl Cellular, Raises Price Target to $100

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Millicom International Cellular SA

Millicom Intl Cellular (TIGO) Stock Price Target 2026

The Average Analyst Price Target for Millicom Intl Cellular is $70.35.

Latest Upgrades and Downgrades for Millicom Intl Cellular Stock

Analyst Ratings News

Wall Street's Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 3% Dividend Yields

PROJP Morgan Downgrades Millicom Intl Cellular to Neutral, Raises Price Target to $105

5 Stock Picks Last Week From Wall Street's Most Accurate Analysts

PROScotiabank Maintains Sector Underperform on Millicom Intl Cellular, Raises Price Target to $60.1

PROScotiabank Maintains Sector Underperform on Millicom Intl Cellular, Raises Price Target to $52.4

PROJP Morgan Maintains Overweight on Millicom Intl Cellular, Raises Price Target to $100

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JP Morgan Downgrades Millicom Intl Cellular to Neutral, Raises Price Target to $105

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Scotiabank Maintains Sector Underperform on Millicom Intl Cellular, Raises Price Target to $60.1

PRO
Scotiabank Maintains Sector Underperform on Millicom Intl Cellular, Raises Price Target to $52.4

PRO
JP Morgan Maintains Overweight on Millicom Intl Cellular, Raises Price Target to $100