Cogent Communications (CCOI) Stock Forecast, Price Target & Predictions


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CCOI Stock Forecast


Cogent Communications (CCOI) stock forecast, based on 27 Wall Street analysts, predicts a 12-month average price target of $102.00, with a high of $102.00 and a low of $102.00. This represents a 92.16% increase from the last price of $53.08.

$50 $61 $72 $83 $94 $105 High: $102 Avg: $102 Low: $102 Last Closed Price: $53.08

CCOI Stock Rating


Cogent Communications stock's rating consensus is Hold, based on 27 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (40.74%), 14 Hold (51.85%), 2 Sell (7.41%), and 0 Strong Sell (0.00%).

Hold
Total 27 0 2 14 11 Strong Sell Sell Hold Buy Strong Buy

CCOI Price Target Upside V Benchmarks


TypeNameUpside
StockCogent Communications92.16%
SectorCommunication Services Stocks 18.91%
IndustryTelecom Stocks 21.65%

Price Target Trends


1M3M12M
# Anlaysts--9
Avg Price Target--$78.00
Last Closing Price$53.08$53.08$53.08
Upside/Downside--46.95%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 252531112
Mar, 251541112
Feb, 251541112
Jan, 251541213
Dec, 241541213
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 14, 2024Christopher SchoellUBS$102.00$78.6429.70%92.16%
Sep 03, 2024Bora LeeRBC Capital$74.00$69.766.08%39.41%
Aug 27, 2024Brandon NispelKeyBanc$90.00$73.1922.97%69.56%
Aug 20, 2024David BardenCitigroup$75.00$76.08-1.42%41.30%
Aug 19, 2024Michael RollinsCitigroup$82.00$73.4611.63%54.48%
Aug 09, 2024James SchneiderGoldman Sachs$62.00$71.49-13.27%16.80%
Aug 09, 2024Greg WilliamsWilliams Trading$82.00$71.3514.93%54.48%
May 14, 2024Eric LuebchowWells Fargo$55.00$58.51-6.00%3.62%
May 10, 2024Brandon NispelKeyBanc$80.00$61.7029.66%50.72%
Aug 11, 2023Brandon NispelLoop Capital Markets$80.00$69.6414.88%50.72%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Nov 14, 2024UBSBuyinitialise
Sep 03, 2024RBC CapitalOutperformOutperformhold
Aug 27, 2024KeyBancOverweightOverweighthold
Aug 21, 2024Bank of America SecuritiesBuyUnderperformdowngrade
Aug 20, 2024CitigroupNeutralNeutralhold
Aug 19, 2024Williams CapitalBuyBuyhold
Aug 19, 2024CitigroupBuyBuyhold
Aug 09, 2024Goldman SachsNeutralNeutralhold
Aug 09, 2024Cowen & Co.BuyBuyhold
Jul 29, 2024RBC CapitalBuyBuyhold

Financial Forecast


EPS Forecast

$-10 $-2 $6 $14 $22 $30 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$0.14$1.04$0.11$26.88$-4.30----
Avg Forecast$0.56$0.85$0.27$21.76$-4.71$-3.95$-2.09$-0.90$0.06
High Forecast$0.57$0.86$0.28$22.21$-4.60$-2.00$-0.83$1.02$0.06
Low Forecast$0.55$0.83$0.27$21.51$-4.83$-5.90$-4.30$-3.21$0.06
Surprise %-75.00%22.35%-59.26%23.53%-8.70%----

Revenue Forecast

$550M $730M $910M $1B $1B $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$568.10M$589.80M$599.60M$940.92M$783.81M----
Avg Forecast$567.97M$591.60M$598.65M$940.28M$1.04B$1.08B$1.18B$1.29B$1.39B
High Forecast$575.32M$599.25M$612.18M$942.43M$1.07B$1.11B$1.18B$1.30B$1.43B
Low Forecast$557.10M$580.28M$590.98M$937.67M$1.02B$1.07B$1.18B$1.29B$1.37B
Surprise %0.02%-0.30%0.16%0.07%-24.78%----

Net Income Forecast

$-500M $0 $500M $1B $2B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$6.22M$48.19M$5.15M$1.27B$-204.07M----
Avg Forecast$-8.13M$30.18M$43.16M$1.27B$-225.43M$-211.75M$-121.94M$-129.06M$2.71M
High Forecast$1.69M$38.20M$51.80M$1.53B$-220.00M$-95.60M$-39.55M$48.91M$2.80M
Low Forecast$-17.96M$22.16M$34.53M$1.02B$-230.86M$-282.48M$-205.68M$-153.72M$2.64M
Surprise %-176.42%59.67%-88.08%--9.47%----

CCOI Forecast FAQ


Is Cogent Communications stock a buy?

Cogent Communications stock has a consensus rating of Hold, based on 27 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 11 Buy, 14 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that Cogent Communications is a neutral investment for most analysts.

What is Cogent Communications's price target?

Cogent Communications's price target, set by 27 Wall Street analysts, averages $102 over the next 12 months. The price target range spans from $102 at the low end to $102 at the high end, suggesting a potential 92.16% change from the previous closing price of $53.08.

How does Cogent Communications stock forecast compare to its benchmarks?

Cogent Communications's stock forecast shows a 92.16% upside, outperforming the average forecast for the communication services stocks sector (18.91%) and outperforming the telecom stocks industry (21.65%).

What is the breakdown of analyst ratings for Cogent Communications over the past three months?

  • April 2025: 16.67% Strong Buy, 41.67% Buy, 25.00% Hold, 8.33% Sell, 8.33% Strong Sell.
  • March 2025: 8.33% Strong Buy, 41.67% Buy, 33.33% Hold, 8.33% Sell, 8.33% Strong Sell.
  • February 2025: 8.33% Strong Buy, 41.67% Buy, 33.33% Hold, 8.33% Sell, 8.33% Strong Sell.

What is Cogent Communications’s EPS forecast?

Cogent Communications's average annual EPS forecast for its fiscal year ending in December 2025 is $-3.95, marking a -8.14% decrease from the reported $-4.3 in 2024. Estimates for the following years are $-2.09 in 2026, $-0.9 in 2027, and $0.06 in 2028.

What is Cogent Communications’s revenue forecast?

Cogent Communications's average annual revenue forecast for its fiscal year ending in December 2025 is $1.08B, reflecting a 37.66% increase from the reported $783.81M in 2024. The forecast for 2026 is $1.18B, followed by $1.29B for 2027, and $1.39B for 2028.

What is Cogent Communications’s net income forecast?

Cogent Communications's net income forecast for the fiscal year ending in December 2025 stands at $-212M, representing an 3.76% increase from the reported $-204M in 2024. Projections indicate $-122M in 2026, $-129M in 2027, and $2.71M in 2028.