
TIGO Stock Forecast & Price Target
TIGO Analyst Ratings
Bulls say
Millicom International Cellular is poised for growth, particularly through its acquisition of Telefonica's operations in Ecuador and Uruguay, which reflects a strategic expansion in key Latin American markets. The consolidation of its telecom services, specifically through TIGO-Coltel, coupled with an expansive wireless network that reaches approximately 120 million people and serves 42 million customers, enhances its competitive positioning. Although there is a projected 74% increase in net debt due to these acquisitions, the overarching outlook remains positive, with the potential for significant revenue and customer base growth from implementing effective turnaround strategies in the acquired regions.
Bears say
Millicom International Cellular's low capex-to-sales ratio of 12.2% in 2024 may indicate reduced investment in infrastructure, potentially hindering growth and competitive positioning. The entrance of new competitors, such as Nubicom SRL in Argentina, is likely to exert additional pressure on average revenue per user (ARPU) and profit margins. These factors collectively suggest a challenging operating environment that may negatively impact the company's financial performance.
This aggregate rating is based on analysts' research of Millicom International Cellular S.A. and is not a guaranteed prediction by Public.com or investment advice.
TIGO Analyst Forecast & Price Prediction
Start investing in TIGO
Order type
Buy in
Order amount
Est. shares
0 shares