Analyst Ratings February 18, 2026

Benchmark Keeps Buy on Liberty LiLAC Ahead of Earnings, Sees Large Upside to $13 Target

Analyst cites fixed mobile convergence and B2B penetration as growth drivers while fair-value data flags slight overvaluation

By Sofia Navarro LILA
Benchmark Keeps Buy on Liberty LiLAC Ahead of Earnings, Sees Large Upside to $13 Target
LILA

Benchmark Research has left its Buy rating and $13 price target unchanged for Liberty LiLAC (NASDAQ:LILA) ahead of the company's earnings report due after market close. The target implies roughly 64% upside from the current $7.89 share price, though InvestingPro's Fair Value model indicates the stock may be slightly overvalued. Benchmark left its 4Q25 forecasts and its outlook through 2030 intact, pointing to fixed mobile convergence and B2B services in the Caribbean and Central America as key levers for sustained growth.

Key Points

  • Benchmark maintained a Buy rating and a $13.00 price target on Liberty LiLAC, implying roughly 64% upside from the current $7.89 share price.
  • Benchmark left its 4Q25 estimates and outlook through 2030 unchanged, citing fixed mobile convergence and B2B services in the Caribbean and Central America as principal growth drivers.
  • InvestingPro reports a gross profit margin of 77.79% for Liberty LiLAC and Benchmark noted 7% adjusted OIBDA growth in 3Q25, while projecting sustainable adjusted OIBDA growth in the low to mid-single digits.

Benchmark Research reaffirmed its Buy recommendation and retained a $13.00 price target on Liberty LiLAC (NASDAQ:LILA) as the company prepares to report quarterly results later today after the market close. At the current share price of $7.89, the analyst target represents about a 64% potential upside. InvestingPro data, however, flags the stock as slightly overvalued when compared with its Fair Value assessment.

In its note, Benchmark left its 4Q25 estimates and its longer-term outlook through 2030 unchanged from the research published on January 8, 2026. The firm highlighted Liberty LiLAC's operations across the Caribbean and Central America - and specifically the company’s fixed mobile convergence activities - as central to the positive stance.

Growth drivers and margins

Benchmark singled out postpaid mobile penetration generated by fixed mobile convergence, together with business-to-business service expansion, as sources of durable growth into the next decade. Fixed mobile convergence in this context refers to the bundling of mobile and fixed-line telecommunications services.

InvestingPro data shows Liberty LiLAC reporting gross profit margins of 77.79%. Benchmark also pointed to recent adjusted operating income before depreciation and amortization performance as a sign of improving operating leverage: the company achieved 7% adjusted OIBDA growth in 3Q25, which the firm said reflected meaningful cost improvements alongside revenue growth.

Outlook on operating income growth

Benchmark described sustainable adjusted OIBDA growth as likely to settle in the low to mid-single digits over time. That outlook was reiterated without modification from the firm’s earlier coverage. The research note did not introduce any changes to the near-term estimates.

Corporate and governance update

Separately, Liberty Latin America disclosed that Eric Zinterhofer will resign from its Board of Directors effective December 31, 2025. Zinterhofer has served on the board for eight years. After his departure, the telecommunications company’s board will comprise nine members. The detail was included in a company press release; the announcement did not include additional updates regarding financial results, merger activity, or analyst ratings.

What remains limited in the public record

The public statements captured by Benchmark and the company press release provide a focused set of observations: reaffirmed analyst ratings, an unchanged multi-year outlook, specific drivers of growth tied to fixed mobile convergence and B2B services, a reported margin metric from InvestingPro, and a board resignation with no further corporate disclosures. The available material does not expand beyond those points.


Disclosure

Risks

  • InvestingPro's Fair Value assessment indicates the stock may be slightly overvalued, which could limit near-term upside - relevant to equity investors and capital markets participants.
  • Benchmark's projection of low to mid-single-digit sustainable adjusted OIBDA growth suggests only modest operating-income expansion, which may temper investor expectations in the telecommunications and infrastructure sectors.
  • A change in board composition - with Eric Zinterhofer resigning effective December 31, 2025 - introduces governance transition, and the company's press release provided no additional updates on financials, mergers, or analyst ratings.

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