Cogent Communications (CCOI) Stock Forecast, Price Target & Predictions
CCOI Stock Forecast
Cogent Communications stock forecast is as follows: an average price target of $77.50 (represents a -4.79% downside from CCOI’s last price of $81.40) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
CCOI Price Target
The average price target for Cogent Communications (CCOI) is $77.50 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $102.00 to $55.00. This represents a potential -4.79% downside from CCOI's last price of $81.40.
CCOI Analyst Ratings
According to 11 Wall Street analysts, Cogent Communications's rating consensus is 'Buy'. The analyst rating breakdown for CCOI stock is 0 'Strong Buy' (0.00%), 6 'Buy' (54.55%), 4 'Hold' (36.36%), 1 'Sell' (9.09%), and 0 'Strong Sell' (0.00%).
Cogent Communications Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 14, 2024 | Christopher Schoell | UBS | $102.00 | $78.64 | 29.70% | 25.31% |
| Sep 03, 2024 | Bora Lee | RBC Capital | $74.00 | $69.76 | 6.08% | -9.09% |
| Aug 27, 2024 | Brandon Nispel | KeyBanc | $90.00 | $73.19 | 22.97% | 10.57% |
| Aug 20, 2024 | David Barden | Citigroup | $75.00 | $76.08 | -1.42% | -7.86% |
| Aug 19, 2024 | Michael Rollins | Citigroup | $82.00 | $73.46 | 11.63% | 0.74% |
| Aug 09, 2024 | James Schneider | Goldman Sachs | $62.00 | $71.49 | -13.27% | -23.83% |
| Aug 09, 2024 | Greg Williams | Williams Trading | $82.00 | $71.35 | 14.93% | 0.74% |
| May 14, 2024 | Eric Luebchow | Wells Fargo | $55.00 | $58.51 | -6.00% | -32.43% |
| May 10, 2024 | Brandon Nispel | KeyBanc | $80.00 | $61.70 | 29.66% | -1.72% |
| Aug 11, 2023 | Brandon Nispel | Loop Capital Markets | $80.00 | $69.64 | 14.88% | -1.72% |
The latest Cogent Communications stock forecast, released on Nov 14, 2024 by Christopher Schoell from UBS, set a price target of $102.00, which represents a 29.70% increase from the stock price at the time of the forecast ($78.64), and a 25.31% increase from CCOI last price ($81.40).
Cogent Communications Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 9 |
| Avg Price Target | $102.00 | $88.67 | $78.00 |
| Last Closing Price | $81.40 | $81.40 | $81.40 |
| Upside/Downside | 25.31% | 8.93% | -4.18% |
In the current month, the average price target of Cogent Communications stock is $102.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 25.31% increase as opposed to Cogent Communications's last price of $81.40. This month's average price target is up 15.03% compared to last quarter, and up 30.77% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 14, 2024 | UBS | - | Buy | Initialise |
| Sep 03, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 27, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Aug 21, 2024 | Bank of America Securities | Buy | Underperform | Downgrade |
| Aug 21, 2024 | Citigroup | Neutral | Positive | Downgrade |
| Aug 20, 2024 | Citigroup | Neutral | Neutral | Hold |
| Aug 19, 2024 | Williams Capital | Buy | Buy | Hold |
| Aug 19, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Aug 19, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 09, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
Cogent Communications's last stock rating was published by UBS on Nov 14, 2024. The company Initialise its CCOI rating from "null" to "Buy".
Cogent Communications Financial Forecast
Cogent Communications Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $153.59M | $151.98M | $150.00M | $148.45M | $149.18M | $147.21M | $147.93M | $147.88M | $146.78M | $143.90M | $142.30M | $140.99M | $140.91M | $140.29M | $136.94M |
| Avg Forecast | $324.66M | $317.41M | $309.69M | $302.06M | $286.92M | $272.31M | $267.35M | $260.86M | $257.68M | $258.69M | $264.32M | $272.09M | $271.11M | $281.54M | $263.04M | $154.06M | $151.00M | $149.82M | $150.90M | $149.04M | $149.05M | $148.18M | $146.91M | $144.19M | $143.78M | $142.70M | $143.38M | $141.79M | $138.51M | $136.50M |
| High Forecast | $329.40M | $322.04M | $314.21M | $306.47M | $291.11M | $276.29M | $271.25M | $262.54M | $260.22M | $259.66M | $264.32M | $272.09M | $273.30M | $281.60M | $266.88M | $156.31M | $153.21M | $149.82M | $150.90M | $149.04M | $149.05M | $148.18M | $146.91M | $144.19M | $143.78M | $142.70M | $143.38M | $141.79M | $138.51M | $136.50M |
| Low Forecast | $319.80M | $312.65M | $305.05M | $297.53M | $282.62M | $268.23M | $263.34M | $257.67M | $254.13M | $257.73M | $264.32M | $272.09M | $268.59M | $281.48M | $259.10M | $151.75M | $148.74M | $149.82M | $150.90M | $149.04M | $149.05M | $148.18M | $146.91M | $144.19M | $143.78M | $142.70M | $143.38M | $141.79M | $138.51M | $136.50M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.00% | 0.98% | 1.00% | 0.99% | 1.00% | 1.01% | 1.02% | 1.00% | 1.00% | 0.98% | 0.99% | 1.01% | 1.00% |
Cogent Communications's average Quarter revenue forecast for Jun 23 based on 3 analysts is $263.04M, with a low forecast of $259.10M, and a high forecast of $266.88M. CCOI's average Quarter revenue forecast represents a 71.27% increase compared to the company's last Quarter revenue of $153.59M (Mar 23).
Cogent Communications EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $106.30M | $1.26B | $53.37M | $55.22M | $53.67M | $52.55M | $51.42M | $67.50M | $61.98M | $34.26M | $63.26M | $31.20M | $30.82M | $46.69M | $47.56M | $45.98M | $54.15M |
| Avg Forecast | $96.19M | $94.04M | $91.75M | $89.49M | $85.01M | $80.68M | $79.21M | $77.29M | $76.34M | $76.64M | $78.31M | $89.63M | $80.32M | $83.41M | $77.93M | $95.86M | $63.44M | $45.23M | $45.55M | $102.52M | $44.99M | $44.73M | $44.35M | $34.51M | $43.40M | $43.07M | $43.28M | $51.89M | $41.81M | $41.21M |
| High Forecast | $97.59M | $95.41M | $93.09M | $90.80M | $86.25M | $81.86M | $80.37M | $77.78M | $77.10M | $76.93M | $78.31M | $107.55M | $80.97M | $83.43M | $79.07M | $115.03M | $76.12M | $45.23M | $45.55M | $123.03M | $44.99M | $44.73M | $44.35M | $41.41M | $43.40M | $43.07M | $43.28M | $62.26M | $41.81M | $41.21M |
| Low Forecast | $94.75M | $92.63M | $90.38M | $88.15M | $83.73M | $79.47M | $78.02M | $76.34M | $75.29M | $76.36M | $78.31M | $71.70M | $79.58M | $83.39M | $76.76M | $76.69M | $50.75M | $45.23M | $45.55M | $82.02M | $44.99M | $44.73M | $44.35M | $27.61M | $43.40M | $43.07M | $43.28M | $41.51M | $41.81M | $41.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.27% | 16.13% | 0.56% | 0.87% | 1.19% | 1.15% | 0.50% | 1.50% | 1.39% | 0.77% | 1.83% | 0.72% | 0.72% | 1.08% | 0.92% | 1.10% | 1.31% |
6 analysts predict CCOI's average Quarter EBITDA for Dec 23 to be $80.32M, with a high of $80.97M and a low of $79.58M. This is -24.44% lower than Cogent Communications's previous annual EBITDA (Sep 23) of $106.30M.
Cogent Communications Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-56.72M | $1.12B | $6.15M | $851.00K | $-8.01M | $11.16M | $1.14M | $18.51M | $13.32M | $-2.49M | $18.85M | $-6.62M | $-4.96M | $8.56M | $9.23M | $7.47M | $13.70M |
| Avg Forecast | $-36.87M | $-40.78M | $-41.82M | $-45.22M | $-38.77M | $-49.24M | $-53.20M | $-57.99M | $-56.58M | $-56.57M | $-60.02M | $1.70M | $-48.03M | $-47.49M | $-1.72M | $1.82M | $17.39M | $10.29M | $10.55M | $1.95M | $10.10M | $11.55M | $10.05M | $10.28M | $10.19M | $10.30M | $11.11M | $10.07M | $10.28M | $8.48M |
| High Forecast | $-36.15M | $-39.98M | $-41.00M | $-44.34M | $-38.02M | $-48.28M | $-52.16M | $-57.66M | $-43.75M | $-55.47M | $-58.85M | $2.04M | $-28.82M | $-46.56M | $-1.68M | $2.19M | $20.87M | $10.29M | $10.55M | $2.34M | $10.10M | $11.55M | $10.05M | $12.34M | $10.19M | $10.30M | $11.11M | $12.08M | $10.28M | $8.48M |
| Low Forecast | $-37.57M | $-41.55M | $-42.61M | $-46.08M | $-39.51M | $-50.18M | $-54.21M | $-58.32M | $-75.13M | $-57.65M | $-61.16M | $1.36M | $-57.64M | $-48.39M | $-1.75M | $1.46M | $13.92M | $10.29M | $10.55M | $1.56M | $10.10M | $11.55M | $10.05M | $8.23M | $10.19M | $10.30M | $11.11M | $8.05M | $10.28M | $8.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | -654.18% | 3.37% | 0.05% | -0.78% | 1.06% | 0.58% | 1.83% | 1.15% | -0.25% | 1.83% | -0.65% | -0.48% | 0.77% | 0.92% | 0.73% | 1.62% |
Cogent Communications's average Quarter net income forecast for Sep 23 is $-47.49M, with a range of $-48.39M to $-46.56M. CCOI's average Quarter net income forecast represents a -104.23% decrease compared to the company's last Quarter net income of $1.12B (Jun 23).
Cogent Communications SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $65.31M | $83.66M | $45.08M | $43.89M | $39.11M | $39.39M | $40.63M | $39.43M | $40.12M | $41.39M | $41.44M | $39.24M | $39.72M | $39.84M | $59.18M | $56.52M | $55.98M |
| Avg Forecast | $90.11M | $88.10M | $85.95M | $83.84M | $79.64M | $75.58M | $74.20M | $72.40M | $71.52M | $71.80M | $73.36M | $60.89M | $75.25M | $78.14M | $73.01M | $65.12M | $37.06M | $41.58M | $41.88M | $69.65M | $41.37M | $41.13M | $40.77M | $22.60M | $39.91M | $39.61M | $39.79M | $64.56M | $38.44M | $37.89M |
| High Forecast | $91.43M | $89.38M | $87.21M | $85.06M | $80.80M | $76.68M | $75.29M | $72.87M | $72.23M | $72.07M | $73.36M | $73.06M | $75.85M | $78.16M | $74.07M | $78.14M | $44.47M | $41.58M | $41.88M | $83.58M | $41.37M | $41.13M | $40.77M | $27.13M | $39.91M | $39.61M | $39.79M | $77.48M | $38.44M | $37.89M |
| Low Forecast | $88.76M | $86.78M | $84.67M | $82.58M | $78.44M | $74.45M | $73.09M | $71.52M | $70.53M | $71.53M | $73.36M | $48.71M | $74.55M | $78.12M | $71.91M | $52.10M | $29.65M | $41.58M | $41.88M | $55.72M | $41.37M | $41.13M | $40.77M | $18.08M | $39.91M | $39.61M | $39.79M | $51.65M | $38.44M | $37.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 1.15% | 0.69% | 1.18% | 0.94% | 0.94% | 0.58% | 0.95% | 0.98% | 1.02% | 1.83% | 0.98% | 1.00% | 1.00% | 0.92% | 1.47% | 1.48% |
Cogent Communications's average Quarter SG&A projection for Dec 23 is $75.25M, based on 6 Wall Street analysts, with a range of $74.55M to $75.85M. The forecast indicates a 15.22% rise compared to CCOI last annual SG&A of $65.31M (Sep 23).
Cogent Communications EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.00 | $23.84 | $0.13 | $0.02 | $-0.17 | $0.24 | $0.02 | $0.40 | $0.29 | $-0.05 | $0.41 | $-0.14 | $-0.11 | $0.19 | $0.20 | $0.16 | $0.30 |
| Avg Forecast | $-0.78 | $-0.86 | $-0.88 | $-0.95 | $-0.82 | $-1.04 | $-1.12 | $-1.22 | $-1.19 | $-1.19 | $-1.27 | $-1.17 | $-1.01 | $-1.00 | $-0.04 | $0.13 | $0.18 | $0.22 | $0.22 | $0.21 | $0.21 | $0.24 | $0.21 | $0.18 | $0.21 | $0.22 | $0.23 | $0.22 | $0.22 | $0.18 |
| High Forecast | $-0.76 | $-0.84 | $-0.86 | $-0.93 | $-0.80 | $-1.02 | $-1.10 | $-1.22 | $-0.92 | $-1.17 | $-1.24 | $-1.15 | $-0.61 | $-0.98 | $-0.04 | $0.14 | $0.18 | $0.22 | $0.22 | $0.21 | $0.21 | $0.24 | $0.21 | $0.18 | $0.21 | $0.22 | $0.23 | $0.22 | $0.22 | $0.18 |
| Low Forecast | $-0.79 | $-0.88 | $-0.90 | $-0.97 | $-0.83 | $-1.06 | $-1.14 | $-1.23 | $-1.58 | $-1.22 | $-1.29 | $-1.19 | $-1.22 | $-1.02 | $-0.04 | $0.13 | $0.18 | $0.22 | $0.22 | $0.21 | $0.21 | $0.24 | $0.21 | $0.18 | $0.21 | $0.22 | $0.23 | $0.22 | $0.22 | $0.18 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | -658.13% | 0.96% | 0.11% | -0.79% | 1.08% | 0.10% | 1.88% | 1.19% | -0.24% | 2.29% | -0.65% | -0.51% | 0.81% | 0.92% | 0.74% | 1.68% |
According to 3 Wall Street analysts, Cogent Communications's projected average Quarter EPS for Sep 23 is $-1.00, with a low estimate of $-1.02 and a high estimate of $-0.98. This represents a -104.20% decrease compared to CCOI previous annual EPS of $23.84 (Jun 23).
Cogent Communications Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| IHS | IHS | $2.79 | $12.40 | 344.44% | Buy |
| CABO | Cable One | $403.37 | $1.02K | 153.28% | Buy |
| SHEN | Shenandoah Telecommunications Company | $12.46 | $25.00 | 100.64% | Hold |
| ATNI | ATN | $20.00 | $40.00 | 100.00% | Strong Buy |
| LBTYA | Liberty Global | $13.27 | $26.46 | 99.40% | Buy |
| LBRDA | Liberty Broadband | $86.87 | $158.00 | 81.88% | Buy |
| OOMA | Ooma | $13.61 | $24.00 | 76.34% | Buy |
| CHTR | Charter Communications | $389.12 | $520.08 | 33.66% | Buy |
| TIMB | TIM | $14.09 | $18.15 | 28.81% | Buy |
| CCOI | Cogent Communications | $81.40 | $77.50 | -4.79% | Buy |