Insider buying last 90 days
No open-market insider purchases were filed for TIGO in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every TIGO insider filing, plotted on the chart in Gekko.Open TIGO in Gekko
NASDAQ: TIGO
Millicom International Cellular (TIGO) Stock Analysis & Forecast
Sep 28 close
$89.78−2.85 (−3.1%)
Gekko Brief
AI summaryMillicom (TIGO) moves this week around Atlas Investissement SAS increasing its beneficial ownership to 49.5%, with the acquisition of an additional 6 million common shares for approximately $568 million completed on 25 September 2026. Shares also touched $95.11 in a prior session, outperforming the Nasdaq Composite's gain that day. A separate filing shows Engineers Gate Manager LP reducing its stake by 90.5% in the second quarter.
The stock closes at $89.78, down 3.1%, sitting below its 50-day average of $94.56 but above its 200-day average of $79.47. The GekkoIndex reads 63.4, placing TIGO in the Accumulation zone, up 3.9 over five sessions. Price stands 16.6% below Gekko Fair Value of $107.68. Over the past year the stock has returned 87.8%, though the three-month return is -2.7%.
Millicom next reports earnings on 5 November 2026, before the open, 37 days out and beyond a typical 20-trading-day holding window. The prior report on 6 August 2026 beat estimates, with EPS of $0.64 against a $0.54 estimate, producing a 5.8% reaction, part of a run of 3 beats in the last 8 quarters. No insider, Congress or unusual options activity appears in their respective 90-day and 30-day windows. Seasonality is a headwind here, with the next 20 trading days averaging -3.1% over 5 years and rising in 0 of them. Consensus among 4 firms includes 0 buy, 3 hold and 1 sell ratings, with a consensus target of $98.39.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Millicom International Cellular price vs fair value
Close $89.78200-day averageGekko Fair Value $107.68
Millicom International Cellular quick facts
- Market cap
- $15.04B
- P/E ratio
- 22.7
- Forward P/E
- 10
- EPS, TTM
- $4.01
- Revenue, TTM
- $7.25B
- Profit margin
- 9.2%
- Dividend yield
- 3.27%
- Beta
- 0.90
- Volume
- 1.40M avg 827,043
- 1-year return
- +87.8%
- Typical daily move
- ±3%
- Typical 20-day move
- ±6.6%
- 50-day average
- $94.56
- 200-day average
- $79.47
- Next earnings
- Nov 5 before open
- Shares outstanding
- 167.7M
Millicom International Cellular swing-trade checklist
Millicom International Cellular scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed1 headwind
- Trendmixed
Averages disagree
Close $89.78 sits between the 50-day ($94.56) and 200-day ($79.47) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
63.4, Accumulation
Reading 63.4 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
16.6% below
Price is 16.6% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 37 days
Next report Nov 5, 2026, 37 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalityheadwind
−3.1% on average
From this point in the calendar, the next 20 trading days averaged −3.1% over 5 years, rising in 0 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Millicom International Cellular stock chart and price history
Millicom International Cellular closed at $89.78 on Sep 28, 2026, +87.8% over the past year, inside a 52-week range of $44.88 to $107.13.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −3.7%
- 3 months
- −2.7%
- 6 months
- +19.2%
- 1 year
- +87.8%
The full TIGO chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TIGO in Gekko
Follow Millicom International Cellular through every session
Put TIGO on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
Track TIGO in GekkoFree for 7 days. No credit card required.
About Millicom International Cellular
Millicom International Cellular supplies cable and mobile communication services to customers throughout Latin America. Its mobile lineup covers voice calls, data access, and text messaging, together with a set of mobile financial tools that let users make payments, send money transfers and remittances, build savings, take out quick loans, and buy micro-insurance. On the fixed-network side, it offers home broadband, landline calling, and pay-TV, plus business-oriented data links, managed IT services, cloud and security offerings, and shared tower infrastructure. These services reach the public through the Tigo and Tigo Business names.
The company structures its offerings around several types of customers, from small and mid-sized firms to large corporations, individual households, and public-sector bodies. This spread lets it pair everyday consumer telecom and entertainment products with enterprise and government contracts, while its mobile-money arm gives many users a way to handle basic financial transactions through their phones.
Millicom International Cellular dates back to 1990 and keeps its main office in Luxembourg, Luxembourg. Its stock trades on the NASDAQ under the ticker TIGO.
- Listed
- NASDAQ
- Sector
- Communications
- Industry
- Wireless telecommunications
- Website
- millicom.com
Millicom International Cellular GekkoIndex: the smart money zone
Millicom International Cellular’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 63.4, in the Accumulation zone, up 3.9 points over five sessions.
63.4Accumulation
Up 3.9 points over five sessions, from the Neutral zone.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 21 | −1.8% | +4.9% | ||
| Accumulation (current zone) | 87 | +3.8% | +7.5% | ||
| Neutral | 503 | +1.2% | +5.8% | ||
| Distribution | 60 | +0.2% | +1.8% | ||
| Selling | 1 | Too few readings yet | |||
Average TIGO share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the TIGO price, zone by zone.Track TIGO in Gekko
Is Millicom International Cellular stock overvalued? Gekko Fair Value
Millicom International Cellular trades 16.6% below Gekko Fair Value of $107.68, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Millicom International Cellular shares are worth, recalculated every trading day.
$107.68
Gekko Fair Value, Sep 26, 2026
16.6% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open TIGO in Gekko
Millicom International Cellular insider and Congress trading
No open-market insider purchases were filed for Millicom International Cellular, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in TIGO were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for TIGO, plotted on the chart in Gekko.Open TIGO in Gekko
Buybacks
Millicom International Cellular has been buying back its own shares.
- Bought back, quarter ended Sep 30, 2025
- $883K
- As a share of market cap
- 0.01%
- Trailing four quarters
- $156.4M
From company filings.
Hedge funds and billionaires quarter ended Sep 30
0of the funds Gekko tracks hold TIGO.
0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko
Millicom International Cellular earnings: next date and track record
Millicom International Cellular reports on Nov 5, 2026, before the open (37 days away), and beat the EPS estimate in 3 of its last 8 reports.
Next earnings report
Nov 5, 2026
Expected before the open, 37 days away
- EPS estimate
- $0.98
- Revenue estimate
- $2.23B
3 of 8reports beat the EPS estimate
±4.6%average move across the report
7 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 6, 2026 AI summary
- What they said
- The company reported a strong Q2 2026 with reported service revenue of $2.0 billion (up 60.1% YoY reported; +5.4% organic) and adjusted EBITDA of $1.0 billion (organic +9.1% YoY). Management highlighted successful M&A integration, rapid conversion of acquired businesses to positive equity free cash flow, and execution of a pre-to-postpaid migration and more-for-more pricing strategy that increased ARPU and operating leverage. Q2 delivered a record $327 million of equity free cash flow (benefiting from favorable expense timing and working capital movements). Management emphasized ongoing efficiency programs, a playbook applied across markets (notably Colombia and Chile), an aggressive CapEx rollout to achieve broad 5G coverage (Colombia focus), and a plan to continue restructuring to capture synergies. The company reiterated cautiousness on cash flow phasing and currency exposure in certain markets, noted one-off World Cup-related revenue in Home, and confirmed Colombia FY margin roughly in line with 2025. They announced additional dividends of $1.50 payable in two equal installments (Jan/Apr) and signaled intent to distribute ~2/3 of equity free cash flow going forward.
- Guidance
- Equity free cash flow guidance of $1.1 billion for the year; full-year restructuring charges expected ~$160-170 million; full-year cash CapEx expected around 12% of revenues; Colombia FY EBITDA margin expected to be roughly similar to 2025; additional dividend of $1.50 announced (payable in two equal installments in Jan and Apr); Board intends to recommend distribution of ~2/3 of equity free cash flow (subject to AGM and Q4 guidance for 2027).
- Risks flagged
- Currency volatility in Paraguay, Colombia and Bolivia that can materially impact equity free cash flow; phasing and timing of working capital, spectrum payments and interest charges; reliance on one-off events (World Cup) for Home revenue uplift; restructuring and integration execution risk; exposure to soccer/content rights denominated in dollars; potential competitive changes though management views satellite (Starlink) as complementary for remote areas rather than a core threat.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 6, 2026 | $0.64 est $0.54 | $2.18B est $2.13B | +5.8% |
| May 12, 2026 | $0.58 est $1.45 | $1.99B est $1.99B | +4.4% |
| Feb 26, 2026 | $1.50 est $1.05 | $1.65B est $1.57B | +9.3% |
| Nov 6, 2025 | $0.34 est $0.63 | $1.42B est $1.40B | +3.2% |
| Aug 7, 2025 | $0.51 est $0.54 | $1.37B est $1.41B | +5.3% |
| May 8, 2025 | $1.14 est $0.80 | $1.37B est $1.45B | +2.4% |
| Feb 27, 2025 | $0.20 est $0.69 | $1.43B est $1.50B | −5.7% |
| Nov 7, 2024 | $0.30 est $0.59 | $1.43B est $1.49B | +1.0% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Millicom International Cellular stock forecast and analyst price targets
Analysts’ average 12-month price target for Millicom International Cellular is $98.39, +9.6% from the last close, from 4 firms rating the stock in the last 90 days.
$98.39consensus 12-month target, +9.6% from the last close
Now $89.78Avg $98.39
Low $60.10High $105
Each firm’s latest rating in the last 90 days: 4 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Aug 20 | Morgan Stanley | $94 | +4.7% |
| Aug 18 | J.P. Morgan | $105 | +17.0% |
| Aug 18 | J.P. Morgan | $105 | +17.0% |
| Aug 7 | Scotiabank | $60.10 | −33.1% |
| Jul 14 | UBS | $100 | +11.4% |
+7.5%average 20-day move after past Accumulation readings
−3.1%average move over the next 20 trading days in the last 5 years
±3%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Millicom International Cellular seasonality: the next 20 trading days
Over the next 20 trading days from Sep 26, Millicom International Cellular averaged −3.1% across the last 5 years, rising in 0 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −1.1% | 2 of 5 |
| Next 10 trading days | −1.7% | 2 of 5 |
| Next 15 trading days | −0.6% | 2 of 5 |
| Next 20 trading days | −3.1% | 0 of 5 |
| Next 30 trading days | +1.2% | 2 of 5 |
For scale, TIGO’s typical 20-trading-day move in either direction is about 6.6%.
Millicom International Cellular market cap and key statistics
Millicom International Cellular’s market cap is $15.04B, with a P/E ratio of 22.7 and revenue of $7.25B over the last twelve months.
Valuation
- Market cap
- $15.04B
- P/E ratio
- 22.7
- Forward P/E
- 10
- EPS, TTM
- $4.01
- Gekko Fair Value
- $107.68
Trading
- Volume
- 1.40M
- Avg volume, 20 days
- 827,043
- 52-week high
- $107.13
- 52-week low
- $44.88
- Shares outstanding
- 167.7M
Financials
- Revenue, TTM
- $7.25B
- Profit margin
- 9.2%
- Return on equity
- 21.7%
- Quarterly earnings growth, YoY
- −84.0%
Risk and income
- Beta
- 0.90
- Typical daily move
- ±3%
- Typical 20-day move
- ±6.6%
- Dividend yield
- 3.27%
Millicom International Cellular stock news this week
Coverage of Millicom International Cellular this week reads positive: 2 positive, 1 neutral and 0 negative headlines.
Millicom International Cellular peers
Millicom International Cellular’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| VZVerizon Communications | Accumulation | 29.3% below |
| TMUST-Mobile US | Accumulation | 28.4% below |
| TAT&T | Accumulation | 36.5% below |
| RCIRogers Communication | Buying | 39.9% below |
| TUTelus | Buying | 46.2% below |
| GSATGlobalstar | Neutral | 3.3% below |
A peer links to its own page where one exists.
Millicom International Cellular stock FAQ
What is Millicom International Cellular’s market cap?
Millicom International Cellular’s market cap is $15.04B at the Sep 28, 2026 close of $89.78, with 167.7M shares outstanding. The shares trade on a P/E ratio of 22.7.
What is the Millicom International Cellular stock forecast?
The consensus analyst 12-month price target for Millicom International Cellular is $98.39, +9.6% from the last close. Of the 4 firms that rated the stock in the last 90 days, 0 rate it a buy, 3 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.
Is Millicom International Cellular stock overvalued or undervalued?
On Gekko’s estimate Millicom International Cellular is undervalued: the Sep 28, 2026 close of $89.78 is 16.6% below Gekko Fair Value of $107.68. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Millicom International Cellular report earnings next?
Millicom International Cellular is expected to report on Nov 5, 2026, before the market opens (37 days away). Analysts expect earnings of $0.98 per share on revenue of $2.23B. Millicom International Cellular beat the earnings estimate in 3 of its last 8 reports, moving 4.6% on average across the report.
What is Millicom International Cellular’s 52-week high and low?
Millicom International Cellular’s 52-week high is $107.13 and its 52-week low is $44.88; it closed at $89.78 on Sep 28, 2026, +87.8% over the past year.
Is Millicom International Cellular stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk), 1 as mixed (trend) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
See Millicom International Cellular the way Gekko members do
Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.
Join 1,380 other traders using Gekko
Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.