Millicom stock holds near its yearly high after 0.90 percent gain
Published on 09/23/2026 at 15:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Millicom stock (ISIN SE0001174970) closed at USD 95.11 on Nasdaq on September 22, 2026, gaining 0.90 percent from the previous close. The price remains below the 52-week high of USD 107.13 and above the 52-week low of USD 44.88, keeping the trading range central to the market view.
JPMorgan raises its target
According to MarketBeat on September 23, 2026, JPMorgan reiterated a Neutral rating and raised its price objective to USD 105.00 from USD 100.00 in a research note dated August 18, 2026. The USD 5.00 increase places the target USD 9.89 above the September 22 closing price.
The broader analyst picture is more cautious than the higher JPMorgan target alone suggests. MarketBeat reported three Buy ratings, three Hold ratings and one Sell rating, producing a consensus rating of Hold and an average price target of USD 85.68.
Range and valuation matter
MarketBeat also reported a 52-week range of USD 44.88 to USD 107.13 and a market capitalization of USD 15.95 billion on September 23, 2026. The current price is USD 12.02 below the yearly high, while the average target of USD 85.68 is USD 9.43 below the September 22 close.
That gap makes the analyst dispersion more important than the single target increase. JPMorgan's USD 105.00 objective is above the latest close, but the reported consensus remains below it, indicating that the stock's valuation and the distance from its yearly low are being assessed differently across the seven cited analysts.
Stock closes at USD 95.11
Millicom stock closed at USD 95.11 on Nasdaq as of September 22, 2026, with a daily gain of 0.90 percent. The quoted market capitalization was USD 15.95 billion as of September 23, 2026.
Millicom at a glance
- Company: Millicom International Cellular S.A.
- ISIN: SE0001174970
- Ticker: TIGO
- Trading venue: Nasdaq
- Price as of September 22, 2026: USD 95.11
- Market capitalization: USD 15.95 billion as of September 23, 2026
- 52-week range: USD 44.88 to USD 107.13
- Sector / Industry: Communication Services / Wireless Telecommunication Services
