TIGO — Millicom International Cellular SA

✨ Hidden Gem

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Millicom International Cellular SA

Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America. The company offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. In addition, the company provides fixed services, including broadband, fixed voice, and pay-TV; and fixed-v… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$84.67
Market Cap$14.09B
Float92.3M
Shares Outstanding167.5M
P/E (Forward)16.72
P/E (TTM)11.43
Price/Sales (TTM)2.19
vs. Analyst Target-3.5% to analyst PT
Profit Margin19.14%
Operating Margin (TTM)21.81%
Revenue (TTM)$6.44B
Earnings Growth (YoY)-43.00%
Dividend Rate3.0%
Analyst Target Price$81.67 (10 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $4.17B -$344M $1.31B $1.38B
2021 $4.26B $590M $1.48B $2.16B
2022 $5.62B $57.0M $4.12B $2.16B
2023 $5.66B -$82.0M $2.20B $2.19B
2024 $5.80B $253M $4.38B $2.36B
2025 $5.82B $1.32B $4.51B $2.82B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $1.37B $676M
Sep 2025 $1.42B $195M
Dec 2025 $1.65B $252M
Mar 2026 $1.98B $109M

Ownership & Float

Insider Ownership44.2%
Institutional Ownership45.9%
Short Float3.7%
% of All Funds Holding4.26%
Number of Funds Holding350

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$81.80Near-term / short-term trend
Weekly40-Week SMA$62.09Medium-term trend
Weekly80-Week SMA$47.10Cyclical trend (business cycle)
Weekly200-Week SMA$29.93Secular trend (multi-year)
Monthly10-Month SMA$63.09Near-term monthly trend
Monthly20-Month SMA$47.06Medium-term monthly trend
Monthly40-Month SMA$33.27Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$76.00 support 1.12x 0 months ago
$60.00 support 1.30x 2 months ago
$56.00 support 1.12x 3 months ago
$41.00 support 1.56x 8 months ago
$34.50 support 1.61x 11 months ago

Historical Earnings Reactions (30 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.30% -0.22% 46.67% 12.66% -8.63%
1 Day 0.38% -0.27% 46.67% 10.70% -6.52%
1 Week 2.67% 1.61% 66.67% 13.63% -11.11%
2 Weeks 3.27% 3.71% 65.52% 25.47% -33.88%
1 Month 2.68% 3.55% 55.17% 34.22% -41.97%

Next earnings: August 6, 2026 (70 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan4.7%42.9%7
Feb3.1%50.0%8
Mar-0.5%75.0%8
Apr0.4%50.0%8
May0.3%42.9%7
Jun-4.4%14.3%7
Jul3.9%85.7%7
Aug1.3%42.9%7
Sep-3.3%42.9%7
Oct-2.2%28.6%7
Nov7.8%57.1%7
Dec0.3%57.1%7

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.16% 53.2% 346
Tuesday -0.06% 49.0% 384
Wednesday 0.17% 52.0% 379
Thursday 0.00% 51.9% 372
Friday -0.04% 48.1% 372

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 45.9%

Insider Transactions — Smart Summary

Total insider ownership: 44.2%

Full insider transaction history and smart buy/sell sentiment summary available on Trend Edge.

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Millicom International Cellular SA (TIGO) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for TIGO on Trend Edge →