
TIGO Stock Forecast & Price Target
TIGO Analyst Ratings
Bulls say
Millicom Intl Cellular has strategically positioned itself through significant acquisitions, including Telefonica's operations in Ecuador and Uruguay, which are expected to enhance its market presence and scale in these regions. With approximately 42 million customers across its wireless networks and a substantial broadband customer base of 4 million, the company's growth potential is supported by its ability to offer converged services that meet increasing customer demand. Despite the anticipated 74% increase in net debt from recent acquisitions, the successful execution of a turnaround strategy in the newly acquired territories could lead to improved operational efficiency and overall financial performance.
Bears say
Millicom Intl Cellular's low capex-to-sales ratio of 12.2% for 2024 signals potential underinvestment in infrastructure, which could impede future growth and competitiveness. Additionally, the entry of Nubicom SRL into the Argentine market, introducing a new 5G network, may exert downward pressure on average revenue per user (ARPU) and margins, heightening competitive risks. These factors combined indicate a challenging operational environment that may negatively impact the firm's financial performance and outlook.
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
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