IHS Holding

IHS

Market cap $2.67B

IHS Holding Limited (IHS) is rated Strong Buy, driven by macro tailwinds in Nigeria—lower inflation, currency stabilization, and major investment announcements from Chevron and Google. IHS's pivot from M&A to organic leasing, combined with Naira appreciation, has sharply improved cash flow and deleveraging, despite historical accounting losses. My DCF analysis indicates IHS trades at a 42–72% discount to intrinsic value, with a base case target of ~$20 versus the current $7.57 price.

ELA, IHS, LEU, CWEN and ACRE have been added to the Zacks Rank #1 (Strong Buy) List on January 7th, 2026.

IHS, DRTTF and ERO made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 7th, 2026.

The consensus price target hints at a 31% upside potential for IHS Holding (IHS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does IHS Holding (IHS) have what it takes to be a top stock pick for momentum investors? Let's find out.

The infrastructure upgrade for digital transformation, fiber densification and 5G rollout should help the Zacks Communication - Infrastructure industry thrive. COMM, IHS and BAND are likely to benefit from the continued transition to cloud networks.

IHS Holding (IHS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

IHS Holding is downgraded from buy to hold due to slowing organic growth and weakening demand in Nigeria. IHS now relies more on inflation-linked pricing than true volume growth, raising concerns about the sustainability of revenue and profit expansion. Rising power costs, major customer churn, and a heavy fixed-cost base threaten margins and limit upside potential for IHS.

The mean of analysts' price targets for IHS Holding (IHS) points to a 40.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

The company phoned in its third-quarter figures. It delivered an 8% increase in revenue, and a flip into profitability on the bottom line.