20.15
price down icon0.64%   -0.13
after-market  After Hours:  20.15 
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Millicom International Cellular S.A. Stock (TIGO) Forecast

The Millicom International Cellular S.A. (TIGO) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $11.01, representing a -45.34% decrease from the current price of $20.15. The highest analyst price target is $13.04, and the lowest is $8.9841.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month TIGO Price Target
Average 7.4403 (-63.08% Downside)
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Is Millicom International Cellular S.A. (TIGO) A Buy Now?

Oscillators
Name Value Action
RSI(14) 56.22 Neutral
STOCH(9,6) 72.39 Neutral
STOCHRSI(14) 31.56 Neutral
MACD(12,26) 0.2892 Sell
ADX(14) 32.62 Buy
William %R -45.87 Neutral
CCI(14) -4.3426 Neutral
Buy: 1 Sell: 1 Neutral: 5
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
20.02
Buy
20.14
Buy
MA20
20.19
Sell
19.98
Buy
MA50
18.92
Buy
19.22
Buy
MA100
18.14
Buy
18.39
Buy
MA200
17.05
Buy
17.75
Buy
Buy: 9 Sell: 1 Neutral: 0
Summary: Buy
According to our latest analysis, TIGO could be considered a Strong Buy, with 17 technical analysis indicators signaling 10 Buy signals, 2 signaling Sell signals and 5 Neutral signals. This might be a good time to open fresh positions on TIGO, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 56.22 indicates that TIGO is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 72.39 indicates that TIGO is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 31.56 indicates that TIGO is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 32.62 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -4.3426 indicates that TIGO is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.

Long-term TIGO price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Millicom International Cellular S.A. financial reports and earnings history, Millicom International Cellular S.A. (TIGO) stock could reach $37.63 by 2030, $35.77 by 2040 and $102.39 by 2050. See the projected annual prices until 2050 of the Millicom International Cellular S.A. stock below:

  • Millicom International Cellular S.A. (TIGO) is expected to reach an average price of $10.69 in 2035, with a high prediction of $11.72 and a low estimate of $10.72. This indicates an $-46.96% rise from the last recorded price of $20.15.
  • Millicom International Cellular S.A. (TIGO) stock is projected to chart a bullish course in 2040, with an average price target of $34.86, representing an $72.98% surge from its current level. The forecast ranges from a conservative $35.03 to a sky-high $35.77.
  • Our analysts predict Millicom International Cellular S.A. (TIGO) to jump 260.05% by 2045, soaring from $73.32 to an average price of $72.55, potentially reaching $75.90. While $73.32 is the low estimate, the potential upside is significant.
  • Millicom International Cellular S.A. (TIGO) stock is expected to climb by 2050, reaching an average of $105.18, a $422.00% jump from its current level. However, a wide range of estimates exists, with high and low targets of $102.39 and $102.45, respectively, highlighting the market's uncertainty.

Millicom International Cellular S.A. Stock (TIGO) Year by Year Forecast

Millicom International Cellular S.A. Stock (TIGO) Price Forecast for 2024

Our forecast for TIGO stock price in 2024 now indicates an average price target of $12.82 with a high forecast of $25.52 and a low forecast of $0.1142. The average prediction reflects an decrease of -36.38% from the last recorded price of $20.15.
Month Average Low High Change from today's price
May, 2024 $9.8341 $8.9841 $13.04 -51.20%
June, 2024 $8.6944 $3.3555 $10.30 -56.85%
July, 2024 $7.4385 $7.1685 $13.48 -63.08%
August, 2024 $4.0237 $3.6937 $7.9123 -80.03%
September, 2024 $6.6528 $4.3376 $9.2828 -66.98%
October, 2024 $3.4481 $0.1881 $6.4267 -82.89%
November, 2024 $2.3634 $0.1142 $6.0958 -88.27%
December, 2024 $4.4625 $0.2013 $4.7425 -77.85%

Millicom International Cellular S.A. Stock (TIGO) Price Forecast for 2025

Millicom International Cellular S.A. Stock (TIGO) is expected to reach an average price of $10.29 in 2025, with a high prediction of $17.62 and a low estimate of $2.9522. This indicates an -48.94% fall from the last recorded price of $20.15.
Month Average Low High Change from today's price
January, 2025 $5.8478 $2.9863 $7.264 -70.98%
February, 2025 $5.6331 $4.2893 $7.3931 -72.04%
March, 2025 $4.3892 $2.9522 $6.9507 -78.22%
April, 2025 $11.84 $3.476 $14.77 -41.25%
May, 2025 $11.12 $11.50 $12.58 -44.83%
June, 2025 $18.67 $12.08 $15.79 -7.35%
July, 2025 $12.54 $13.86 $17.62 -37.75%
August, 2025 $12.27 $12.66 $12.24 -39.12%
September, 2025 $9.8485 $10.08 $11.44 -51.12%
October, 2025 $7.8732 $7.9132 $9.0108 -60.93%
November, 2025 $8.6079 $5.7417 $7.6093 -57.28%
December, 2025 $3.4288 $4.6088 $6.2602 -82.98%

Millicom International Cellular S.A. Stock (TIGO) Price Forecast for 2026

The predicted value for Millicom International Cellular S.A. (TIGO) in 2026 is set at an average of $7.5104. Estimates vary from a peak of $13.96 to a trough of $1.0635, indicating an -62.73% surge from the present price of $20.15.
Month Average Low High Change from today's price
January, 2026 $0.7165 $1.0635 $5.0111 -96.44%
February, 2026 $3.4718 $1.3203 $5.738 -82.77%
March, 2026 $3.8209 $3.2694 $5.9656 -81.04%
April, 2026 $3.8562 $1.9103 $5.8547 -80.86%
May, 2026 $6.8115 $2.7038 $7.0615 -66.20%
June, 2026 $6.8306 $4.1729 $7.1253 -66.10%
July, 2026 $10.94 $3.5682 $11.16 -45.73%
August, 2026 $11.24 $10.44 $13.96 -44.19%
September, 2026 $9.3202 $7.7764 $11.15 -53.75%
October, 2026 $8.8955 $7.3741 $11.57 -55.85%
November, 2026 $7.3246 $6.007 $9.3194 -63.65%
December, 2026 $6.2499 $5.3799 $8.3285 -68.98%

Millicom International Cellular S.A. Stock (TIGO) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Millicom International Cellular S.A. (TIGO) is $4.8734, with a high forecast of $9.639 and a low forecast of $0.1078. This indicates an -75.81% decrease from the last price of $20.15.
Month Average Low High Change from today's price
January, 2027 $7.1352 $5.1514 $7.6914 -64.59%
February, 2027 $7.7605 $5.6805 $8.0055 -61.49%
March, 2027 $1.4596 $1.1058 $8.2443 -92.76%
April, 2027 $1.3149 $0.1489 $1.7914 -93.47%
May, 2027 $0.284 $0.647 $2.0187 -98.59%
June, 2027 $3.4207 $0.1078 $3.1707 -83.02%
July, 2027 $1.7854 $2.4954 $3.9269 -91.14%
August, 2027 $1.0063 $0.1898 $2.3437 -95.01%
September, 2027 $8.0211 $4.0125 $2.1949 -60.19%
October, 2027 $7.9558 $8.0234 $7.8296 -60.52%
November, 2027 $9.5367 $9.5305 $9.3967 -52.67%
December, 2027 $8.2014 $8.7614 $9.639 -59.30%

Millicom International Cellular S.A. Stock (TIGO) Price Forecast for 2028

In 2028, Millicom International Cellular S.A. (TIGO) is projected to reach an average price of $5.3932, with a high projection of $10.73 and a low estimate of $0.0585. This indicates an -73.23% fall from the last price of $20.15.
Month Average Low High Change from today's price
January, 2028 $9.7123 $7.7927 $9.1323 -51.80%
February, 2028 $10.91 $9.9185 $10.28 -45.87%
March, 2028 $10.97 $10.81 $10.44 -45.55%
April, 2028 $7.8564 $8.3064 $10.73 -61.01%
May, 2028 $7.5173 $7.455 $7.2988 -62.69%
June, 2028 $5.842 $6.712 $7.4935 -71.01%
July, 2028 $0.9529 $3.0006 $4.9234 -95.27%
August, 2028 $0.2024 $0.0585 $1.6809 -99.00%
September, 2028 $0.3176 $0.6538 $0.5062 -98.42%
October, 2028 $0.0768 $0.2347 $2.0169 -99.62%
November, 2028 $0.748 $0.1444 $1.1582 -96.29%
December, 2028 $0.7027 $0.6903 $0.4335 -96.51%

Millicom International Cellular S.A. Stock (TIGO) Price Forecast for 2029

The 2029 price forecast for Millicom International Cellular S.A. Stock (TIGO) is $18.32 on average, with a high prediction of $36.64 and a low estimate of $0.003. This represents an -9.07% decrease from the previous price of $20.15.
Month Average Low High Change from today's price
January, 2029 $0.6236 $0.0274 $0.725 -96.91%
February, 2029 $0.3783 $0.042 $0.5798 -98.12%
March, 2029 $0.087 $0.003 $0.7394 -99.57%
April, 2029 $0.4461 $0.2077 $1.3345 -97.79%
May, 2029 $2.4614 $0.0563 $2.5514 -87.78%
June, 2029 $3.0867 $1.8152 $3.4767 -84.68%
July, 2029 $31.37 $2.5443 $28.97 +55.68%
August, 2029 $34.06 $33.61 $34.04 +69.03%
September, 2029 $36.14 $37.20 $34.98 +79.35%
October, 2029 $34.45 $34.95 $36.64 +70.95%
November, 2029 $36.01 $34.30 $33.42 +78.71%
December, 2029 $36.75 $35.67 $35.79 +82.39%

Millicom International Cellular S.A. Stock (TIGO) Price Forecast for 2030

Millicom International Cellular S.A. Stock (TIGO) is expected to reach an average price of $44.84 in 2030, with a high forecast of $55.53 and a low forecast of $34.15. This signifies an +122.53% surge from the last price of $20.15.
Month Average Low High Change from today's price
January, 2030 $37.40 $38.58 $37.63 +85.59%
February, 2030 $35.34 $34.15 $35.48 +75.39%
March, 2030 $38.70 $38.30 $39.35 +92.06%
April, 2030 $36.94 $38.63 $39.23 +83.33%
May, 2030 $42.39 $39.40 $40.42 +110.38%
June, 2030 $41.80 $40.70 $41.31 +107.45%
July, 2030 $41.06 $41.56 $42.93 +103.78%
August, 2030 $36.45 $37.54 $38.40 +80.90%
September, 2030 $36.12 $36.52 $35.78 +79.27%
October, 2030 $36.29 $36.43 $35.79 +80.12%
November, 2030 $57.91 $37.54 $55.53 +187.41%
December, 2030 $51.26 $51.64 $52.98 +154.41%
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$4.50
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$37.88
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telecom_services AMX
$18.83
price up icon 2.90%
Cap:     |  Volume (24h):