Millicom (TIGO)
Communication Services · Telecommunications Services · NASDAQ
A leading telecommunications and digital services provider focused on the Latin American market under the TIGO brand.
What Millicom does
Millicom International Cellular is a provider of fixed and mobile telecommunications services, operating primarily in Latin America under the TIGO and Tigo Business brands. The company offers a suite of digital services including mobile financial services, pay TV, high-speed data, voice, and B2B solutions such as cloud and security. It serves millions of customers with a significant fiber-cable and mobile network footprint across the region.
Themes: Latin American telecommunications, Digital transformation, Mobile financial services / Fintech, B2B enterprise cloud, Fiber-to-the-home infrastructure
Fundamentals
- Price$93.68 as of 2026-08-21 close
- Market cap$15.9B as of 2026-08-24
- 1-year return+102.5% 2025-08-21 close $46.26 → 2026-08-21 close $93.68
- P/E23.83 as of 2026-08-24
- Net margin+9.2% as of 2026-08-24
- Gross margin+76.6% as of 2026-08-24
- ROE+21.2% as of 2026-08-24
- Debt / equity4.85 as of 2026-08-24
- Revenue growth (YoY)+29.1% as of 2026-08-24
- Revenue CAGR (3y)+1.1% SEC XBRL
- Beta0.91 as of 2026-08-24
- Last reported earningsn/a no confirmed date — as a foreign private issuer it reports on Form 6-K, which carries no earnings item code
Dividend: yield +5.8%; pays a dividend.
How TIGO compares in its sector
- price-to-earnings ratiomiddle range 79 covered Communication Services peers, as of 2026-08-24
- net profit marginmiddle range 132 covered Communication Services peers, as of 2026-08-24
- operating margintop 10% 132 covered Communication Services peers, as of 2026-08-24
- gross margintop 25% 132 covered Communication Services peers, as of 2026-08-24
- return on equitytop 25% 132 covered Communication Services peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 121 covered Communication Services peers
- indicated dividend yieldtop 25% 48 covered Communication Services peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)top 25% 114 covered Communication Services peers, as of FY2025
Position among covered Communication Services companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
TIGO is not currently in any published Top 10 list. Its scores are below.
Long-term score
Not scored for the long-term list: no shareholder return data.
Short-term score
44.8 #1140 of 1,704 scored · #45 of 66 in Communication Services
Catalysts 68th: the analyst consensus rating has improved toward "buy" since the prior reading; trend 57th: a "golden cross" — its 50-day average is above its 200-day; weakest is volume and participation 8th: trading volume is about normal versus its 30-day average.
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, TIGO's dividend was covered by reported results (earnings payout 77%, free-cash-flow payout 97%). This describes past coverage, not a forecast.
- Earnings payout77% dividends / net income
- Free-cash-flow payout97% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How Millicom looks technically
Millicom (TIGO) is trading 26.9% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 658 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 12, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 50, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 4 trading days ago.
Trend
7
| Distance from the 200-day | it is trading 26.9% above its 200-day average, the long-term trend line — a longer-term uptrend | +26.9% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $93.26 | $93.26 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $73.84 | $73.84 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 15 calendar days ago — the swings before that are what the structure reading is measured on | 15 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 658 trading days ago — a "golden cross", a bullish long-term signal | 658 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 12, below the 25 that marks a real trend) | 12.4 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 50, neither overbought (above 70) nor oversold (below 30) | 50.1 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($86.11 to $107.13) — its "stochastic" reading is 36 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 36.0 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 21 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $107.13 | $107.13 |
|---|---|---|
| From the 52-week high | it is 12.6% below its 52-week high (its highest price of the past year) | -12.6% |
| Above the 52-week low | it is 111.1% above its 52-week low (its lowest price of the past year) | +111.1% |
| Below the 52-week high | it is 12.6% below its highest point of the past year | 12.6% |
| Since a 20-day breakout | it made a new 20-day low about 4 trading days ago | 4 sessions |
| Since a 55-day breakout | it made a new 55-day high about 12 trading days ago | 12 sessions |
| All-time high | its highest closing price on record is $107.13 (set on 2026-08-06) | $107.13 |
| Given back of the 52-week move | over the past year its closes ranged ($45.38 to $104.31), and it has given back roughly a quarter of its rise from last year’s low — 18% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $66.01 to $67.89. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 18.0% |
| From the all-time high | it is 12.6% below its all-time high | -12.6% |
| Nearest price level | it is trading 7.2% below a resistance level at $100.42 — a price it turned at twice since 2026-07-14, most recently on 2026-07-22. Since 2024-08-21 it has 13 such levels below the current price and 1 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +7.2% |
| All-time low | its lowest closing price on record is $10.22 (set on 2022-10-27) | $10.22 |
| Above the all-time low | it is 816.6% above its all-time low | +816.6% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 60th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $3.98 between its high and its low — about 4.3% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $3.98 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $87.58 and $101.02 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $87.58 – $94.30 – $101.02 |
| Typical daily range (% of price) | its price moves about 4.3% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.3% |
| Stretch from the 200-day average | it is trading 5.0 daily ranges above its 200-day average price (26.9% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 5.0 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.53× |
|---|
Analyst
2
| Change in the average price target | analysts have raised their average price target by 7.2% since the prior reading | +7.2% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating has improved toward "buy" since the prior reading | 0.13 toward buy |
Candlestick patterns
1
| Since a bullish engulfing | 7 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 7 sessions ago |
|---|
Price gaps
2
| Gap at the open | it opened on 2026-08-21 1.5% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +1.5% |
|---|---|---|
| Gap filled | a 8.4% gap up opened on 2026-08-06 has been "filled" 3 sessions ago — price traded back through the level the gap left behind, and it took 8 sessions to close | 3 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 3 sessions in a row, a +7.44% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 3 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 7.3 percentage points (the stock lost 5.0% while the market gained 2.3%) | -7.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 4.8 percentage points (the stock gained 7.9% while the market gained 3.1%) | +4.8% |
| vs market, 6 months | over the past 6 months this stock beat the market by 30.7 percentage points (the stock gained 41.8% while the market gained 11.1%) | +30.7% |
| vs market, 12 months | over the past 12 months this stock beat the market by 82.0 percentage points (the stock gained 102.5% while the market gained 20.5%) | +82.0% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-15 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is thick, spanning 9.3% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | 0.0% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 16% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $80.50 — a volume-weighted average of daily closes over 159 sessions, not a true tick-by-tick VWAP. | +16.4% |
|---|
Price levels it has turned at before
TIGO last closed at $93.68 on 2026-08-21. Since 2024-08-21 it has turned at 13 prices below its last close and 1 above; the 3 nearest below and the nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $100.42 | Resistance | 7.2% above the last close | turned there twice · 2026-07-14 to 2026-07-22 |
| $84.66 | Support | 9.6% below the last close | turned there four times · 2026-04-10 to 2026-06-22 |
| $75.64 | Support | 19.3% below the last close | turned there twice · 2026-03-02 to 2026-04-15 |
| $50.55 | Support | 46.0% below the last close | turned there twice · 2025-09-03 to 2025-09-23 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · trendless / choppy (low ADX) · Analyst price target recently RAISED · beating the market · Just filled a gap (5%+ closed in the last week) · Trading inside the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · breakout
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (2.75 mean, 1=Strong Buy…5=Strong Sell) — 8 analysts
- Mean price target$96.01 range $60.10 – $132.00; median $97.50
Analyst estimates, as of 2026-08-17. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Key risks (from latest filing)
["Foreign currency exchange rate fluctuations against the US dollar","Significant debt and lease obligations from acquisitions","Regulatory and geopolitical risks in Latin American markets"]
Insider activity (SEC Form 4)
0 open-market purchases and 3 open-market sales by insiders in the last 90 days.
- Last 90 days0 buys · 3 sells ($8M) — 2 selling insiders
- Last 180 days0 buys · 7 sells ($8M) — 6 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-11. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about TIGO's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
TIGO had 3,934,450 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for TIGO because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 3,934,450
- Prior settlement (shares) 4,835,346
- Reported change -18.63%
- Days to cover (reported) 2.82
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- America Movil (AMX)
- Telefonica (TEF)
- Liberty Latin America (LILA)
- Claro
- Entel
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does Millicom (TIGO) do?
Millicom International Cellular is a provider of fixed and mobile telecommunications services, operating primarily in Latin America under the TIGO and Tigo Business brands. The company offers a suite of digital services including mobile financial services, pay TV, high-speed data, voice, and B2B solutions such as cloud and security. It serves millions of customers with a significant fiber-cable and mobile network footprint across the region.
What sector is Millicom (TIGO) in?
Millicom (TIGO) is classified in the Communication Services sector. Its industry is Telecommunications Services. It trades on NASDAQ.
Does TIGO pay a dividend?
Yes — Millicom (TIGO) pays a dividend, with an indicated yield of about 5.80% (market data, as of 2026-08-24). Informational only — not financial advice.
Who are Millicom's (TIGO) competitors?
Notable peers of Millicom (TIGO) include America Movil, Telefonica, Liberty Latin America, Claro and Entel. This peer set is informational only — not financial advice.
Is Millicom (TIGO) overbought or oversold right now?
Millicom (TIGO) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 50, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on TIGO come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.