CCOI icon

Cogent Communications

48.93 USD
-0.37
0.75%
At close May 9, 4:00 PM EDT
After hours
48.93
+0.00
0.00%
1 day
-0.75%
5 days
-13.40%
1 month
-9.10%
3 months
-40.60%
6 months
-39.18%
Year to date
-36.53%
1 year
-20.70%
5 years
-35.71%
10 years
51.39%
 

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 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

475% more call options, than puts

Call options by funds: $49.1M | Put options by funds: $8.54M

15% more funds holding in top 10

Funds holding in top 10: 13 [Q3] → 15 (+2) [Q4]

8% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 37

2% more capital invested

Capital invested by funds: $3.51B [Q3] → $3.58B (+$67.8M) [Q4]

0.4% more ownership

Funds ownership: 94.37% [Q3] → 94.78% (+0.4%) [Q4]

1% less funds holding

Funds holding: 312 [Q3] → 309 (-3) [Q4]

11% less repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 114

Research analyst outlook

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

Low target
$62
27%
upside
Avg. target
$69
40%
upside
High target
$75
53%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
UBS
Christopher Schoell
57% 1-year accuracy
4 / 7 met price target
53%upside
$75
Buy
Maintained
9 May 2025
Goldman Sachs
James Schneider
65% 1-year accuracy
24 / 37 met price target
27%upside
$62
Neutral
Maintained
9 May 2025

Financial journalist opinion

Based on 10 articles about CCOI published over the past 30 days

Neutral
Seeking Alpha
3 days 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
3 days 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
3 days 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
3 days 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
3 days 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
Positive
Zacks Investment Research
4 days ago
What Analyst Projections for Key Metrics Reveal About Cogent (CCOI) Q1 Earnings
Beyond analysts' top -and-bottom-line estimates for Cogent (CCOI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
What Analyst Projections for Key Metrics Reveal About Cogent (CCOI) Q1 Earnings
Negative
Zacks Investment Research
1 week ago
Cogent Communications (CCOI) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Cogent (CCOI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cogent Communications (CCOI) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Neutral
PRNewsWire
1 week ago
Cogent Communications CEO to Present at Two Upcoming Conferences
WASHINGTON , April 30, 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 conferences: The J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference is being held at the Westin Boston Seaport District in Boston, MA.
Cogent Communications CEO to Present at Two Upcoming Conferences
Neutral
Zacks Investment Research
2 weeks ago
LUMN vs. CCOI: Which Enterprise Fiber Stock is the Better Buy?
Lumen appears to be a better investment option compared to Cogent at the moment.
LUMN vs. CCOI: Which Enterprise Fiber Stock is the Better Buy?
Neutral
PRNewsWire
2 weeks ago
Cogent Communications to Host First Quarter 2025 Earnings Call on May 8, 2025
WASHINGTON , April 22, 2025 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on May 8, 2025 to present Cogent's operating results for the first quarter of 2025 and answer questions.
Cogent Communications to Host First Quarter 2025 Earnings Call on May 8, 2025
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