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An update from Millicom International Cellular SA ( (TIGO) ) is now available.
Millicom International Cellular S.A. reported a 6.8% decrease in group revenue for the first half of 2025, amounting to $2,746 million, primarily due to weaker currencies in Bolivia, Colombia, and Paraguay. Operating expenses also fell by 11.3%, reflecting reduced costs related to government projects in Panama. These financial results highlight the challenges posed by currency fluctuations and underscore the company’s ongoing efforts to optimize costs and expand its network infrastructure.
The most recent analyst rating on (TIGO) stock is a Hold with a $37.00 price target. To see the full list of analyst forecasts on Millicom International Cellular SA stock, see the TIGO Stock Forecast page.
Spark’s Take on TIGO Stock
According to Spark, TipRanks’ AI Analyst, TIGO is a Outperform.
Millicom International Cellular SA’s strong financial performance and technical indicators drive a positive outlook, supported by robust cash flow and strategic growth initiatives. However, high leverage and currency-related revenue challenges present risks that need careful management.
To see Spark’s full report on TIGO stock, click here.
More about Millicom International Cellular SA
Millicom International Cellular S.A. operates in the telecommunications industry, providing mobile and fixed broadband services primarily in Latin America. The company focuses on expanding its digital services and fixed broadband network while managing its mobile financial services business in the region.
Average Trading Volume: 1,015,579
Technical Sentiment Signal: Buy
Current Market Cap: $6.87B
Find detailed analytics on TIGO stock on TipRanks’ Stock Analysis page.