TIGO Should I Buy
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Millicom International Cellular SA (TIGO) does not present a strong buy opportunity at this time for a beginner investor with a long-term strategy. While the stock has shown some positive financial growth trends, such as a significant increase in net income and EPS, the technical indicators and analyst sentiment suggest caution. The lack of strong trading signals, recent downgrades by analysts, and sub-optimal leverage levels make it prudent to hold off on buying at the current moment.
The MACD is negative and expanding, indicating bearish momentum. RSI is neutral at 44.034, and while moving averages are bullish (SMA_5 > SMA_20 > SMA_200), the stock is trading near a key support level (S1: 63.253). The stock has a 50% chance of a minor decline (-0.41%) in the next day and a modest 1.29% gain in the next week, suggesting limited immediate upside.
Hedge funds have significantly increased their buying activity by 417.45% over the last quarter. Financial performance in Q3 2025 showed a 282.35% YoY increase in net income and a 286.67% YoY increase in EPS.
Scotiabank downgraded the stock to Underperform with a price target of $43, citing sub-optimal leverage levels and long-term consolidation concerns. No recent news or congress trading data to indicate positive sentiment. The MACD is bearish, and the stock is trading near support levels, indicating potential downside risk.
In Q3 2025, revenue dropped slightly by -0.77% YoY to $1.42B. However, net income increased significantly by 282.35% YoY to $195M, and EPS rose by 286.67% YoY to 1.16. Gross margin improved marginally to 55.7%, up 0.89% YoY.
Analysts have downgraded the stock to Underperform, with a reduced price target of $43. Concerns over leverage and long-term consolidation risks are highlighted as key reasons for the downgrade.
