IHS Holding

IHS · NYSE

$8.43+$0.00 (+0.00%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $8.43

IHS analyst rating

HoldConsensus of 4 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy2
Hold1
Underperform1
Sell0

12-month price target · 5 analysts

Average $9.31 (+10.4% upside)

Low: $7.57
Now: $8.43
High: $12.60

Upgrades and downgrades

The latest rating actions, newest first

IHS analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
TD Cowen	Feb 18, 2026	Downgrade	Buy → Hold	$17.00 → $8.50	41%
Citigroup	Nov 24, 2025	Maintains	Buy	$8.75 → $9.00	59%
Tigress Financial	Nov 19, 2025	Maintains	Buy	$11.00 → $12.00	56%
JP Morgan	Nov 14, 2025	Downgrade	Overweight → Underweight	$8.00 → $6.00	55%

The case for and against

Updated Feb 9, 2026

Bull case

IHS Holding Ltd has demonstrated a strong financial performance, highlighted by a 0.18% year-over-year increase in Economic Profit (EP) from $332.1 million to $332.7 million and a significant rise in Return on Capital (ROC) from 13.65% to 16.31%. Additionally, the company reported an increase in Adjusted EBITDA of 6% year-over-year, reaching $261.5 million, further underscoring its improving operational efficiency. With an anticipated revenue growth of 3.41% to $1.79 billion over the next twelve months, driven by a re-acceleration of growth, IHS shows a strong potential for continued financial stability and resilience across its key markets.

Bear case

IHS Holding Ltd experienced a significant decline in Net Operating Profit After Tax (NOPAT), which fell by 12.07% year-over-year, decreasing from $608.6 million to $535.1 million over the last twelve months. Additionally, the company reported a downturn in Net Sales Revenue, which dropped by 5.41% year-over-year from $1.83 billion to $1.73 billion, primarily due to divestitures and currency devaluation. These deteriorating financial metrics, alongside potential operational risks, cast a negative outlook on the company's future performance and ability to sustain revenue growth.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.