Cogent Communications - CCOI Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $67.71
  • Forecasted Upside: 26.05 %
  • Number of Analysts: 5
  • Breakdown:
  • 2 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$53.72
▼ -0.71 (-1.30%)

This chart shows the closing price for CCOI by one month, three months, or twelve months.

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Analyst Price Target for CCOI

Analyst Price Target is $67.71
▲ +26.05% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Cogent Communications in the last 3 months. The average price target is $67.71, with a high forecast of $82.00 and a low forecast of $57.00. The average price target represents a 26.05% upside from the last price of $53.72.

This chart shows the closing price for CCOI for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 5 contributing investment analysts is to hold stock in Cogent Communications. This rating has held steady since January 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
4/13/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/12/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/10/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/8/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 2 sell ratings
4/8/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 2 sell ratings
7/7/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 2 sell ratings
9/5/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 2 sell ratings
10/5/2022

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/27/2022KeyCorpUpgradeSector Weight ➝ Overweight$64.00Low
8/9/2022Credit Suisse GroupLower Target$74.00N/A
8/9/2022CowenLower Target$62.00N/A
5/2/2022CitigroupLower Target$73.00 ➝ $70.00High
2/10/2022JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$82.00High
1/24/2022Credit Suisse GroupLower TargetOutperform$89.00 ➝ $80.00High
1/12/2022Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$75.00 ➝ $65.00Low
1/11/2022The Goldman Sachs GroupDowngradeNeutral ➝ Sell$70.00 ➝ $57.00Medium
11/5/2021Credit Suisse GroupLower TargetOutperform$93.00 ➝ $89.00High
6/7/2021Moffett NathansonBoost TargetBuy$70.00 ➝ $84.00Medium
5/9/2021Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$70.00 ➝ $84.00Low
5/4/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$70.00 ➝ $93.00Medium
4/30/2021OppenheimerUpgradeMarket Perform ➝ Outperform$90.00High
2/3/2021Moffett NathansonUpgradeNeutral ➝ Buy$63.00 ➝ $69.00Medium
11/17/2020Royal Bank of CanadaLower Target$79.00 ➝ $70.00Medium
11/4/2020Smith Barney CitigroupLower Target$89.00 ➝ $75.00Low
10/16/2020Credit Suisse GroupDowngradeOutperform ➝ Neutral$93.00 ➝ $70.00Medium
10/5/2020Raymond JamesUpgradeUnderperform ➝ Market PerformHigh
8/17/2020Moffett NathansonUpgradeSell ➝ Neutral$64.00 ➝ $63.00Medium
8/10/2020CitigroupLower TargetBuy$96.00 ➝ $89.00High
8/7/2020Credit Suisse GroupLower TargetOutperform$99.00 ➝ $93.00Medium
7/14/2020Credit Suisse GroupReiterated RatingBuy$99.00Low
7/1/2020SunTrust BanksUpgradeHold ➝ Buy$90.00High
6/26/2020Moffett NathansonBoost Target$56.00 ➝ $64.00High
6/22/2020Credit Suisse GroupReiterated RatingBuyLow
6/16/2020CitigroupUpgradeNeutral ➝ Buy$80.00 ➝ $85.00High
4/17/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$95.00High
4/14/2020Credit Suisse GroupBoost TargetOutperform$86.00 ➝ $99.00High
3/3/2020JPMorgan Chase & Co.Boost TargetNeutral$61.00 ➝ $76.00High
2/28/2020SunTrust BanksBoost TargetHold$52.00 ➝ $75.00High
2/28/2020Credit Suisse GroupBoost TargetMarket Perform ➝ Outperform$75.00 ➝ $86.00High
2/6/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$52.00 ➝ $84.00High
1/30/2020Moffett NathansonDowngradeNeutral ➝ Sell$56.00Low
1/2/2020CitigroupUpgradeSell ➝ Neutral$53.00 ➝ $68.00High
12/6/2019Wells Fargo & CompanyReiterated RatingHoldLow
11/13/2019Royal Bank of CanadaBoost TargetSector Perform$54.00 ➝ $65.00Medium
8/9/2019Wells Fargo & CompanyReiterated RatingHoldLow
7/11/2019Wells Fargo & CompanyBoost TargetMarket Perform$50.00 ➝ $63.00Medium
5/31/2019Credit Suisse GroupInitiated CoverageOutperform$68.00Medium
5/10/2019CIBCReiterated RatingOutperform ➝ Market PerformLow
5/10/2019OppenheimerDowngradeOutperform ➝ Market PerformLow
5/2/2019Deutsche Bank AktiengesellschaftDowngradeBuy ➝ HoldMedium
2/25/2019Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$48.00 ➝ $50.00Low
12/17/2018Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$54.00Medium
11/13/2018Royal Bank of CanadaSet TargetHold$48.00Low
11/2/2018Wells Fargo & CompanyBoost TargetMarket Perform ➝ Market Perform$48.00 ➝ $50.00N/A
11/2/2018CitigroupBoost TargetSell ➝ Sell$39.00 ➝ $42.00N/A
10/8/2018William BlairReiterated RatingOutperformHigh
10/8/2018BTIG ResearchDowngradeBuy ➝ NeutralHigh
8/3/2018GuggenheimReiterated RatingHold$47.00N/A
6/11/2018OppenheimerBoost TargetOutperform$51.00 ➝ $57.00Low
5/29/2018Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$51.00Low
5/3/2018Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$50.00Medium
4/4/2018William BlairReiterated RatingBuyMedium
3/13/2018GuggenheimInitiated CoverageNeutral ➝ Neutral$45.00High
2/23/2018Deutsche Bank AktiengesellschaftLower TargetBuy ➝ Buy$52.00 ➝ $50.00Low
11/3/2017MacquarieDowngradeNeutral ➝ UnderperformN/A
11/3/2017Jefferies Financial GroupBoost TargetHold$39.00 ➝ $43.00N/A
11/3/2017Raymond JamesReiterated RatingMarket Perform ➝ UnderperformN/A
11/3/2017SunTrust BanksDowngradeBuy ➝ Hold$43.00N/A
11/2/2017CitigroupDowngradeNeutral ➝ Sell$43.00 ➝ $39.00N/A
10/11/2017KeyCorpReiterated RatingNeutral ➝ HoldN/A
10/10/2017Deutsche Bank AktiengesellschaftBoost TargetBuy$48.00 ➝ $51.00N/A
10/9/2017Wells Fargo & CompanyDowngradeOutperform ➝ Market Perform$46.00 ➝ $48.00N/A
(Data available from 10/5/2017 forward)

News Sentiment Rating

0.46 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 8 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
3/9/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/8/2022
  • 1 very positive mentions
  • 10 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
5/8/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/7/2022
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/7/2022
  • 3 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/6/2022
  • 3 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/5/2022
  • 4 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/5/2022

Current Sentiment

  • 4 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Cogent Communications logo
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. The company operates 54 data centers and provides facilities to 3,035 buildings and on-net services to 1,817 to multi-tenant office buildings. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.
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Today's Range

Now: $53.72
Low: $53.06
High: $54.02

50 Day Range

MA: $56.20
Low: $49.63
High: $64.18

52 Week Range

Now: $53.72
Low: $49.01
High: $80.50

Volume

9,532 shs

Average Volume

452,785 shs

Market Capitalization

$2.58 billion

P/E Ratio

57.76

Dividend Yield

6.70%

Beta

0.35

Frequently Asked Questions

What sell-side analysts currently cover shares of Cogent Communications?

The following Wall Street analysts have issued research reports on Cogent Communications in the last twelve months: Citigroup Inc., Cowen Inc., Credit Suisse Group AG, JPMorgan Chase & Co., KeyCorp, StockNews.com, The Goldman Sachs Group, Inc., TheStreet, and Wells Fargo & Company.
View the latest analyst ratings for CCOI.

What is the current price target for Cogent Communications?

7 Wall Street analysts have set twelve-month price targets for Cogent Communications in the last year. Their average twelve-month price target is $67.71, suggesting a possible upside of 26.1%. JPMorgan Chase & Co. has the highest price target set, predicting CCOI will reach $82.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $57.00 for Cogent Communications in the next year.
View the latest price targets for CCOI.

What is the current consensus analyst rating for Cogent Communications?

Cogent Communications currently has 2 sell ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CCOI, but not buy more shares or sell existing shares.
View the latest ratings for CCOI.

What other companies compete with Cogent Communications?

Other companies that are similar to Cogent Communications include Gogo, EchoStar, AST SpaceMobile, Calix and Rapid7. Learn More about companies similar to Cogent Communications.

How do I contact Cogent Communications' investor relations team?

Cogent Communications' physical mailing address is 2450 NORTH STREET NW, WASHINGTON DC, 20037. The technology company's listed phone number is (202) 295-4200 and its investor relations email address is [email protected] The official website for Cogent Communications is www.cogentco.com. Learn More about contacing Cogent Communications investor relations.