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

Millicom International Cellular SA (NASDAQ:TIGO)’s share price hit a new 52-week high 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. The stock had previously closed at $66.70.

The technology company reported $1.50 EPS 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 return on equity of 17.36% and a net margin of 22.62%.The company’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.18 EPS.

More Millicom International Cellular News

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

• Positive Sentiment: Q4 results materially beat expectations: EPS $1.50 vs. consensus $1.05 and revenue $1.65B vs. $1.49B; revenue was +15.7% YoY and net margin/ROE improved — a clear earnings upside that supports a re-rating. TIGO Tops Q4 Estimates (Zacks)
• Positive Sentiment: Investor reaction focused on Latin America expansion and growth drivers — a headline piece arguing the bull case after the beat notes the company’s regional momentum and was a likely catalyst for the stock jump. Is Up 10.3% After Earnings Surge (Yahoo)
• Neutral Sentiment: Full earnings materials and management commentary are available (call transcript and slide deck). These provide detail for investors to assess sustainability of growth and capital allocation but did not introduce a new guidance shock. Q4 2025 Earnings Call Transcript (Seeking Alpha)
• Neutral Sentiment: Company-issued earnings release and slide presentation summarize results and strategy — useful for model updates but largely confirmatory of the beats. Q4 2025 Earnings Release (FinanzNachrichten)
• Negative Sentiment: Balance-sheet and liquidity remain areas to watch: current/quick ratios just under 1.0 and a debt-to-equity near 1.8 increase sensitivity to macro or FX shocks — a potential downside risk if growth slows or capex rises. Earnings Summary & Metrics (MarketBeat)

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Scotiabank cut Millicom International Cellular from a “sector perform” rating to a “sector underperform” rating and dropped their price target for the stock from $46.80 to $43.00 in a research note on Wednesday, February 11th. JPMorgan Chase & Co. lifted their target price 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. UBS Group upgraded shares of Millicom International Cellular from a “neutral” rating to a “buy” rating and boosted their price target for the company from $49.00 to $70.00 in a report on Thursday, January 15th. Zacks Research lowered shares of Millicom International Cellular from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th. Finally, Morgan Stanley reiterated a “positive” rating and set a $55.00 price objective on shares of Millicom International Cellular in a research report on Thursday. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Millicom International Cellular currently has a consensus rating of “Hold” and a consensus price target of $53.40.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in TIGO. Nisa Investment Advisors LLC bought a new stake in shares of Millicom International Cellular in the third quarter valued at approximately $4,010,000. State of Alaska Department of Revenue acquired a new position in Millicom International Cellular during the 3rd quarter valued at $970,000. Plato Investment Management Ltd bought a new stake in Millicom International Cellular in the 3rd quarter valued at $875,000. Itau Unibanco Holding S.A. grew its position in Millicom International Cellular by 52.7% in the 2nd quarter. Itau Unibanco Holding S.A. now owns 703,267 shares of the technology company’s stock worth $26,351,000 after purchasing an additional 242,569 shares during the last quarter. Finally, Marathon Asset Management Ltd acquired a new stake in Millicom International Cellular in the 3rd quarter worth $47,789,000.

Millicom International Cellular Stock Performance

The firm’s fifty day moving average price is $60.21 and its 200-day moving average price is $52.84. The company has a market cap of $12.54 billion, a P/E ratio of 9.29 and a beta of 0.93. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 1.76.

Millicom International Cellular Company Profile

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.