CCOI icon

Cogent Communications

46.98 USD
-1.02
2.13%
At close Jun 13, 4:00 PM EDT
After hours
46.98
+0.00
0.00%
1 day
-2.13%
5 days
-2.73%
1 month
-8.37%
3 months
-30.51%
6 months
-39.22%
Year to date
-39.06%
1 year
-9.27%
5 years
-38.12%
10 years
46.22%
 

About: Cogent carries over one fifth of the world's internet traffic over its network and is a broadband provider for businesses. Cogent's corporate customers are in high-rise office buildings, where the firm provides two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for nearly half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the US.

Employees: 1,916

0
Funds holding %
of 7,296 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

173% more call options, than puts

Call options by funds: $16.4M | Put options by funds: $6M

39% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 33

2% more funds holding

Funds holding: 312 [Q4 2024] → 319 (+7) [Q1 2025]

1.56% less ownership

Funds ownership: 94.79% [Q4 2024] → 93.23% (-1.56%) [Q1 2025]

12% less repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 115

21% less capital invested

Capital invested by funds: $3.58B [Q4 2024] → $2.82B (-$761M) [Q1 2025]

27% less funds holding in top 10

Funds holding in top 10: 15 [Q4 2024] → 11 (-4) [Q1 2025]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$62
32%
upside
Avg. target
$69
46%
upside
High target
$75
60%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
UBS
Christopher Schoell
60%upside
$75
Buy
Maintained
9 May 2025
Goldman Sachs
James Schneider
32%upside
$62
Neutral
Maintained
9 May 2025

Financial journalist opinion

Based on 3 articles about CCOI published over the past 30 days

Negative
Seeking Alpha
4 days ago
Dividend Cut Alert: High Yield Dividend Growers Getting Too Risky
High-yield stocks offer attractive passive income. However, dividend sustainability is critical for long-term investors seeking reliable cash flow. I detail two high-yielding dividend growth stocks that are at risk of meaningful dividend cuts in the near future.
Dividend Cut Alert: High Yield Dividend Growers Getting Too Risky
Neutral
PRNewsWire
1 week ago
Cogent Launches Notes Offering
WASHINGTON , June 2, 2025 /PRNewswire/ -- Cogent Communications Holdings, Inc. (NASDAQ: CCOI) (the "Company" or "Cogent") today announced that two of its wholly owned subsidiaries, Cogent Communications Group, LLC (f/k/a Cogent Communications Group, Inc.) ("Cogent Group") and Cogent Finance, Inc. (the "Co-Issuer" and, together with Cogent Group, the "Issuers"), intend to commence an offering of $600.0 million aggregate principal amount of senior secured notes due 2032 (the "Notes") to be offered and sold only to persons reasonably believed to be "qualified institutional buyers" in an unregistered offering pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons in transactions outside the United States in compliance with Regulation S under the Securities Act. The Notes will be guaranteed on a senior secured basis by Cogent Group's existing and future material domestic subsidiaries (other than the Co-Issuer), subject to certain exceptions.
Cogent Launches Notes Offering
Neutral
PRNewsWire
3 weeks ago
Cogent Communications CEO to Present at an Upcoming Conference
WASHINGTON , May 21, 2025 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer, Cogent's Chief Executive Officer, will present at the following conference: The TD Cowen 53rd Annual Technology, Media & Telecom Conference is being held at the InterContinental New York Barclay in New York, NY. Dave Schaeffer will be presenting on Wednesday, May 28th at 9:05 a.m.
Cogent Communications CEO to Present at an Upcoming Conference
Positive
MarketBeat
1 month ago
Big Dippers: 3 Stocks Near 1-Year Lows That Could Surge in 2025
As of mid-May 2025, the S&P 500 has turned positive year-to-date (YTD) for the first time in many weeks. Stocks across multiple sectors have broadly recovered from the jolt of tariff news and other volatility throughout April.
Big Dippers: 3 Stocks Near 1-Year Lows That Could Surge in 2025
Neutral
Zacks Investment Research
1 month ago
Cogent (CCOI) Reliance on International Sales: What Investors Need to Know
Examine Cogent's (CCOI) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.
Cogent (CCOI) Reliance on International Sales: What Investors Need to Know
Neutral
Seeking Alpha
1 month ago
Cogent Communications Holdings, Inc. (CCOI) Q1 2025 Earnings Call Transcript
Cogent Communications Holdings, Inc. (NASDAQ:CCOI ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Dave Schaeffer - Chairman & Chief Executive Officer Tad Weed - Chief Financial Officer Conference Call Participants Greg Williams - TD Cowen Alex Waters - Bank of America Walter Piecyk - LightShed Chris Scholl - UBS Nick Del Deo - MoffettNathanson Michael Rollins - Citi Tim Horan - Oppenheimer Operator Good morning and welcome to Cogent Communications Holdings First Quarter 2025 Earnings Conference Call. As a reminder, this conference call is being recorded and it will be available for replay at www.cogentco.com.
Cogent Communications Holdings, Inc. (CCOI) Q1 2025 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Cogent Q1 Loss Wider Than Expected, Revenues Decline Y/Y
In the first quarter of 2025, CCOI's top line is affected by a decline in On-Net and Off-Net customer connections.
Cogent Q1 Loss Wider Than Expected, Revenues Decline Y/Y
Positive
Zacks Investment Research
1 month ago
Cogent (CCOI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Cogent (CCOI) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cogent (CCOI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Negative
Zacks Investment Research
1 month ago
Cogent Communications (CCOI) Reports Q1 Loss, Lags Revenue Estimates
Cogent Communications (CCOI) came out with a quarterly loss of $1.09 per share versus the Zacks Consensus Estimate of a loss of $1.05. This compares to loss of $1.29 per share a year ago.
Cogent Communications (CCOI) Reports Q1 Loss, Lags Revenue Estimates
Neutral
PRNewsWire
1 month ago
Cogent Communications Reports First Quarter Results and Increases its Regular Quarterly Dividend on its Common Stock
Financial and Business Highlights Service revenue was $247.0 million for Q1 2025 and was $252.3 million for Q4 2024. Revenue from leasing IPv4 addresses increased by 14.8%, from Q4 2024 and increased by 42.0% from Q1- 2024.
Cogent Communications Reports First Quarter Results and Increases its Regular Quarterly Dividend on its Common Stock
Charts implemented using Lightweight Charts™