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IHS Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
8.200
Open
8.050
VWAP
8.13
Vol
1.76M
Mkt Cap
2.71B
Low
8.020
Amount
14.34M
EV/EBITDA(TTM)
5.61
Total Shares
335.52M
EV
6.13B
EV/OCF(TTM)
8.47
P/S(TTM)
1.53
IHS Holding Limited is an independent owner, operator and developer of shared communications infrastructure by tower count and is an independent multinational tower company solely focused on the emerging markets. The Company provides a range of communications infrastructure solutions and managed services, including colocation and lease amendments, new sites, inbuilding solutions, small cells, fiber connectivity and rural telephony. The Company’s customers include mobile network operators (MNOs), Internet service providers, broadcasters, security functions and private corporations needing point-to-point secure communications. Its lease amendment services involve installing additional equipment or providing ancillary services for existing customers at existing towers. The Company has approximately 37,000 towers across its seven markets, including Brazil, Cameroon, Colombia, Cote d’Ivoire, Nigeria, South Africa, and Zambia.
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Events Timeline

(ET)
2026-02-18
05:10:00
TD Cowen Downgrades IHS Holding to Hold, Price Target Cut to $8.50
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2026-02-17 (ET)
2026-02-17
10:10:00
IHS Holding to be Acquired by MTN Group for $8.50 per Share
select
2026-02-17
10:00:00
Macquarie Asset Management Acquires IHS South American Wireless Tower Operations for Approximately R$3.55 Billion
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2026-02-17
10:00:00
IHS Holding Proposes Sale to MTN Group for $6.2B
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2026-02-17
09:50:00
IHS Mauritius BR Sells Latam Tower Operations to Macquarie for Approximately $952M
select
2026-02-11 (ET)
2026-02-11
07:40:00
IHS Fiber Brasil Sells 51% Stake in I-Systems for $452.6M
select
2026-02-05 (ET)
2026-02-05
10:30:00
IHS Towers Confirms Ongoing Acquisition Talks with MTN
select

News

NASDAQ.COM
7.5
03-06NASDAQ.COM
Anterix Advances 900 MHz Broadband Network Development
  • Bandwidth Expansion: The FCC's decision in February 2026 to expand 900 MHz broadband bandwidth from 6 MHz to 10 MHz not only enhances the performance and economics of private broadband networks but also makes utility-controlled communications more compelling for grid modernization, driving a structural shift in the industry.
  • Market Demand and Execution: Anterix is adapting to market changes following regulatory updates, and while strong demand is driving deployments, the timing of clearing obligations and county-level license deliveries will directly impact cash flow and the realization of recurring economic benefits.
  • New Product Launches: Anterix has introduced tower access services and a SIM management platform aimed at accelerating site acquisition and device activation, with management expecting these products to be immediately profitable with strong margins, thereby enhancing customer network stickiness.
  • Contract Value and Cash Flow: Anterix's contract value stands at approximately $400 million, and with clearing costs expected to yield over $80 million in cash inflows, this will provide self-funding capacity for clearing and product rollout, although large utility procurement and deployment processes may elongate timelines.
NASDAQ.COM
2.0
03-05NASDAQ.COM
Positive Outlook for Communication Infrastructure Sector
  • Industry Growth Potential: The Zacks Communication Infrastructure sector has surged 60.2% over the past year, significantly outperforming the S&P 500's 20.5% and the Computer and Technology sector's 28.4%, indicating strong market demand and investment confidence.
  • Infrastructure Investment Demand: IHS Holding and Bandwidth Inc. are poised to benefit from robust demand for scalable infrastructure, particularly with the rapid proliferation of IoT and 5G technologies, enhancing their competitiveness in global markets.
  • Improved Earnings Outlook: IHS Holding's consensus estimate for 2025 earnings has been revised upward by 8.3% to $0.78 per share, reflecting strong performance and market recognition in the shared communications infrastructure sector.
  • Accelerated Technological Transformation: As video and bandwidth-intensive applications grow rapidly, industry participants are transitioning from traditional copper-based telecom companies to technology powerhouses to meet the increasing demand for data and communication solutions.
Yahoo Finance
8.5
03-01Yahoo Finance
IHS Holding Limited Enters Merger Agreement with MTN Group
  • Merger Agreement Details: IHS Holding Limited has announced a merger agreement with MTN Group, with a transaction price of $8.50 per share, valuing the deal at approximately $6.2 billion, showcasing the company's strong market appeal.
  • Shareholder Value Enhancement: The transaction offers a 239% premium to shareholders compared to the share price at the strategic review on March 12, 2024, reflecting management's commitment to shareholder interests.
  • Positive Market Reaction: The deal also presents a 36% premium based on the 52-week volume-weighted average price as of February 4, 2026, indicating market recognition and confidence in the transaction.
  • Board Support: The IHS Board of Directors has unanimously approved the deal and recommended that shareholders vote in favor, with the transaction expected to close in 2026, further solidifying the company's market position.
Globenewswire
8.5
02-27Globenewswire
Investigation Alerts for Multiple Company Mergers
  • Masimo Merger Investigation: Masimo Corporation is set to be acquired by Danaher Corporation for $180 per share, totaling $9.9 billion, with investigations focusing on whether the Masimo Board breached fiduciary duties by failing to ensure a fair process in the deal.
  • IHS Towers Acquisition Review: IHS Towers will be acquired by MTN Group for $8.50 per share in an all-cash transaction valued at approximately $6.2 billion, with investigations examining whether the IHS Board failed to conduct a fair process, potentially impacting shareholder value.
  • VerifyMe Merger Scrutiny: VerifyMe will be acquired by Open World, allowing shareholders to retain a 10% stake post-merger, with investigations looking into whether the VerifyMe Board ensured a fair process, which could affect shareholder interests.
  • Great Lakes Acquisition Investigation: Great Lakes Dredge & Dock Corporation is being acquired by Saltchuk Resources for $17 per share, with a total transaction value of about $1.5 billion, and investigations are assessing whether the Board breached fiduciary duties by failing to ensure a fair process for shareholders.
seekingalpha
9.5
02-25seekingalpha
IHS Holding to Announce Q4 Earnings on February 26
  • Earnings Announcement Schedule: IHS Holding is set to release its Q4 2023 earnings on February 26 before market open, with consensus EPS estimated at $0.10 and revenue expected at $428.7 million, reflecting a 2.1% year-over-year decline, indicating revenue pressure on the company.
  • Market Expectation Analysis: While the market holds a cautious view on IHS's financial performance, the macroeconomic environment in 2026 is seen as potentially creating a 'perfect storm' for growth opportunities, which could influence investor confidence in the long term.
  • Rating Adjustment Dynamics: Recently, IHS Holding's investment rating was downgraded to 'Hold' due to an unattractive profit growth outlook, which may exert downward pressure on the stock price in the short term, affecting investor decisions.
  • Acquisition Activity Overview: Macquarie Asset Management plans to acquire IHS Towers' South American tower operations, a strategic move that could enhance IHS's market share in the region while reflecting confidence in its future growth potential.
Benzinga
8.5
02-17Benzinga
IHS Towers Enters Definitive Merger Agreement with MTN Group
  • Merger Agreement Details: IHS Towers has entered into a definitive all-cash merger agreement with MTN Group, valuing the company at approximately $6.2 billion, with shareholders set to receive $8.50 per share, indicating strong market confidence and enhancing IHS's position in Africa's digital infrastructure sector.
  • Shareholder Support: The deal has been unanimously approved by the IHS Towers Board of Directors, which has recommended shareholder approval, with over 40% of shareholders backing the transaction, reflecting confidence in this strategic merger.
  • Financing Structure: MTN plans to finance the acquisition through its current stake in IHS Towers, cash reserves, and existing debt, with the transaction expected to close in 2026 pending shareholder and regulatory approvals, showcasing MTN's confidence in future growth prospects.
  • Wendel's Capital Allocation Strategy: Long-term shareholder Wendel will receive approximately $535 million in liquidity from the merger, highlighting its strategy to refocus on direct investments in controlled, unlisted companies, further driving its asset rotation plan expected to generate around €1.65 billion.
Wall Street analysts forecast IHS stock price to rise
4 Analyst Rating
Wall Street analysts forecast IHS stock price to rise
3 Buy
0 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
6.00
Averages
11.00
High
17.00
Current: 0.000
sliders
Low
6.00
Averages
11.00
High
17.00
Citi
Michael Rollins
Buy
maintain
$9
AI Analysis
2025-11-24
Reason
Citi
Michael Rollins
Price Target
$9
AI Analysis
2025-11-24
maintain
Buy
Reason
Citi analyst Michael Rollins raised the firm's price target on IHS Holding to $9 from $8.75 and keeps a Buy rating on the shares.
JPMorgan
Overweight -> Underweight
downgrade
$8 -> $6
2025-11-14
Reason
JPMorgan
Price Target
$8 -> $6
2025-11-14
downgrade
Overweight -> Underweight
Reason
JPMorgan double downgraded IHS Holding to Underweight from Overweight with a price target of $6, down from $8. The shares are up 120% year-to-date as the company has addressed the issues that negatively impacted the stock in 2024 and continued to execute, the analyst tells investors in a research note. The firm now sees more upside to the other tower stocks due to its "modest" growth outlook for IHS's Nigeria and Africa businesses. The company's long-term outlook is uncertain, contends JPMorgan.
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Valuation Metrics

The current forward P/E ratio for IHS Holding Ltd (IHS.N) is 13.48, compared to its 5-year average forward P/E of 45.59. For a more detailed relative valuation and DCF analysis to assess IHS Holding Ltd's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
45.59
Current PE
13.48
Overvalued PE
187.97
Undervalued PE
-96.79

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
5.58
Current EV/EBITDA
6.15
Overvalued EV/EBITDA
6.09
Undervalued EV/EBITDA
5.07

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.20
Current PS
1.36
Overvalued PS
1.77
Undervalued PS
0.62

Financials

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Whales Holding IHS

H
Helikon Investments Limited
Holding
IHS
+26.79%
3M Return
S
Sanlam Investment Management (Pty) Ltd.
Holding
IHS
+16.18%
3M Return
G
GIC Special Investments Pte. Ltd.
Holding
IHS
-19.29%
3M Return

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Frequently Asked Questions

What is IHS Holding Ltd (IHS) stock price today?

The current price of IHS is 8.18 USD — it has increased 1.24

What is IHS Holding Ltd (IHS)'s business?

IHS Holding Limited is an independent owner, operator and developer of shared communications infrastructure by tower count and is an independent multinational tower company solely focused on the emerging markets. The Company provides a range of communications infrastructure solutions and managed services, including colocation and lease amendments, new sites, inbuilding solutions, small cells, fiber connectivity and rural telephony. The Company’s customers include mobile network operators (MNOs), Internet service providers, broadcasters, security functions and private corporations needing point-to-point secure communications. Its lease amendment services involve installing additional equipment or providing ancillary services for existing customers at existing towers. The Company has approximately 37,000 towers across its seven markets, including Brazil, Cameroon, Colombia, Cote d’Ivoire, Nigeria, South Africa, and Zambia.

What is the price predicton of IHS Stock?

Wall Street analysts forecast IHS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IHS is11.00 USD with a low forecast of 6.00 USD and a high forecast of 17.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is IHS Holding Ltd (IHS)'s revenue for the last quarter?

IHS Holding Ltd revenue for the last quarter amounts to 455.10M USD, increased 8.28

What is IHS Holding Ltd (IHS)'s earnings per share (EPS) for the last quarter?

IHS Holding Ltd. EPS for the last quarter amounts to 0.45 USD, decreased -173.77

How many employees does IHS Holding Ltd (IHS). have?

IHS Holding Ltd (IHS) has 2864 emplpoyees as of March 09 2026.

What is IHS Holding Ltd (IHS) market cap?

Today IHS has the market capitalization of 2.71B USD.