Millicom International Cellular (NASDAQ:TIGO) Hits New 12-Month High After Better-Than-Expected Earnings

Millicom International Cellular SA (NASDAQ:TIGO) hit a new 52-week high during trading on Thursday after the company announced better than expected quarterly earnings. The stock traded as high as $72.23 and last traded at $70.2280, with a volume of 363553 shares trading hands. The stock had previously closed at $66.70.

The technology company reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.45. The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.49 billion. Millicom International Cellular had a net margin of 19.58% and a return on equity of 10.81%. The firm’s quarterly revenue was up 15.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.18 earnings per share.

Millicom International Cellular News Summary

Here are the key news stories impacting Millicom International Cellular this week:

• Positive Sentiment: Q4 financial beat — Millicom reported $1.50 EPS versus a $1.05 consensus and revenue up ~15.7% year-over-year; net margin and ROE improved materially versus prior year, signaling meaningful operating leverage. Millicom International Cellular SA (TIGO) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Company release, slides and call available — Millicom published its Q4 earnings release, slide deck and conference‑call materials that back the headline beat and give investors access to the management commentary and metrics. Millicom (Tigo) Q4 2025 Earnings Release / Materials
• Positive Sentiment: Management commentary highlighted integration and digital momentum — the earnings call/transcript discusses ARPU improvement, progress on recent acquisitions and digital service growth that help explain the profit and revenue acceleration. Millicom (TIGO) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Presentation materials posted — the company’s Q4 slide deck provides granular KPIs (by market and segment) for investors to model sustainment of ARPU and margin trends; no new long‑term guidance was announced in the deck itself. Millicom 2025 Q4 Results – Earnings Call Presentation
• Neutral Sentiment: Market watching integration risks — pre‑earnings coverage flagged that results would test Millicom’s ability to integrate recent Latin American acquisitions; the beat reduces that near‑term execution risk but the integration story remains a focus for investors. Millicom earnings set to test integration story in Latin America
• Negative Sentiment: Analyst targets trail current market price — the reported average analyst price target (~$53) sits well below the stock’s current trading level, which could limit upside if analysts don’t revise targets higher after the beat. Millicom Receives $53.00 Average Price Target from Analysts

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on TIGO shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Millicom International Cellular in a research note on Thursday, January 22nd. Scotiabank lowered shares of Millicom International Cellular from a “sector perform” rating to a “sector underperform” rating and decreased their target price for the company from $46.80 to $43.00 in a report on Wednesday, February 11th. Zacks Research cut shares of Millicom International Cellular from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 16th. JPMorgan Chase & Co. increased their price target on shares of Millicom International Cellular from $55.00 to $63.00 and gave the stock an “overweight” rating in a research report on Monday, November 17th. Finally, UBS Group upgraded shares of Millicom International Cellular from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $49.00 to $70.00 in a research report on Thursday, January 15th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $53.40.

Institutional Trading of Millicom International Cellular

A number of hedge funds have recently made changes to their positions in the company. Allworth Financial LP increased its stake in shares of Millicom International Cellular by 1,129.7% in the fourth quarter. Allworth Financial LP now owns 455 shares of the technology company’s stock valued at $25,000 after buying an additional 418 shares during the period. Altshuler Shaham Ltd bought a new stake in Millicom International Cellular during the 4th quarter worth approximately $26,000. Blue Trust Inc. grew its holdings in Millicom International Cellular by 736.2% during the 4th quarter. Blue Trust Inc. now owns 485 shares of the technology company’s stock worth $27,000 after acquiring an additional 427 shares during the last quarter. Smartleaf Asset Management LLC increased its position in Millicom International Cellular by 155.4% in the 3rd quarter. Smartleaf Asset Management LLC now owns 516 shares of the technology company’s stock valued at $25,000 after acquiring an additional 314 shares during the period. Finally, Spire Wealth Management bought a new position in shares of Millicom International Cellular during the fourth quarter valued at $29,000.

Millicom International Cellular Price Performance

The stock has a market cap of $12.15 billion, a P/E ratio of 10.82 and a beta of 0.93. The company’s 50 day moving average price is $59.83 and its 200-day moving average price is $52.63. The company has a quick ratio of 0.91, a current ratio of 0.93 and a debt-to-equity ratio of 1.76.

About Millicom International Cellular

Millicom International Cellular SA, trading under the TIGO brand, is a Luxembourg‐headquartered telecommunications and media company that provides a range of mobile, cable broadband, digital television and enterprise services. Through its integrated infrastructure, the company delivers voice and data connectivity, high‐speed internet access and pay‐television packages to millions of customers, supported by ongoing investments in network coverage and capacity.

Established in 1990 by Swedish investor Jan Stenbeck, Millicom has grown into a multi‐regional operator focused primarily on Central and South America.