Cogent Communications - CCOI Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $73.57
  • Forecasted Upside: 12.77%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$65.24
▼ -0.87 (-1.32%)

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 $73.57
▲ +12.77% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Cogent Communications in the last 3 months. The average price target is $73.57, with a high forecast of $82.00 and a low forecast of $56.00. The average price target represents a 12.77% upside from the last price of $65.24.

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 Moderate Buy

The current consensus among 6 contributing investment analysts is to moderate buy stock in Cogent Communications. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/26/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/26/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/25/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/23/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/21/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/20/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/19/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/19/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/1/2024The Goldman Sachs GroupInitiated CoverageNeutral$56.00Low
5/13/2024JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$73.00 ➝ $70.00Low
5/10/2024TD CowenLower TargetBuy ➝ Buy$84.00 ➝ $78.00Low
5/10/2024KeyCorpLower TargetOverweight ➝ Overweight$88.00 ➝ $80.00Low
3/7/2024Bank of AmericaDowngradeBuy ➝ Neutral$85.00 ➝ $75.00Low
3/6/2024JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$74.00 ➝ $73.00Low
3/1/2024KeyCorpBoost TargetOverweight ➝ Overweight$85.00 ➝ $88.00Low
3/1/2024TD CowenBoost TargetOutperform ➝ Outperform$81.00 ➝ $84.00N/A
11/10/2023The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$60.00 ➝ $67.00Low
9/5/2023Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$69.00 ➝ $74.00Low
8/21/2023The Goldman Sachs GroupUpgradeSell ➝ Neutral$43.00 ➝ $64.00Low
8/18/2023CitigroupBoost Target$70.00 ➝ $82.00Low
8/11/2023KeyCorpBoost TargetOverweight ➝ Overweight$77.00 ➝ $80.00Low
8/11/2023TD CowenUpgradeMarket Perform ➝ Outperform$85.00Low
5/22/2023888Reiterated RatingReiteratesLow
5/8/2023JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$72.00 ➝ $70.00Low
5/3/2023Bank of AmericaUpgradeUnderperform ➝ Buy$45.00 ➝ $85.00Low
3/7/2023Royal Bank of CanadaBoost TargetOutperform$61.00 ➝ $69.00Low
2/24/2023Credit Suisse GroupBoost TargetNeutral$57.00 ➝ $60.00N/A
2/23/2023William BlairReiterated RatingOutperformLow
1/17/2023KeyCorpBoost Target$64.00 ➝ $71.00Low
11/17/2022Moffett NathansonBoost Target$93.00Low
11/15/2022Royal Bank of CanadaLower TargetOutperform$64.00 ➝ $61.00Low
11/8/2022Credit Suisse GroupBoost TargetNeutral$56.00 ➝ $57.00Low
11/7/2022The Goldman Sachs GroupLower TargetSell$49.00 ➝ $43.00Low
11/4/2022Wells Fargo & CompanyLower TargetUnderweight$55.00 ➝ $53.00Low
10/11/2022Credit Suisse GroupDowngradeOutperform ➝ Neutral$74.00 ➝ $56.00N/A
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
(Data available from 7/19/2019 forward)

News Sentiment Rating

1.10 (Buy)

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
  • 10 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/22/2023
  • 8 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/21/2024
  • 14 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/20/2024
  • 25 very positive mentions
  • 22 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
3/21/2024
  • 7 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/20/2024
  • 12 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
5/20/2024
  • 24 very positive mentions
  • 1 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
6/19/2024
  • 10 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/19/2024

Current Sentiment

  • 10 very positive mentions
  • 5 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, Oceania, South America, 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. 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: $65.24
Low: $64.67
High: $67.10

50 Day Range

MA: $57.35
Low: $51.71
High: $69.28

52 Week Range

Now: $65.24
Low: $50.80
High: $86.00

Volume

452,576 shs

Average Volume

609,687 shs

Market Capitalization

$3.20 billion

P/E Ratio

2.58

Dividend Yield

5.90%

Beta

0.41

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: Bank of America Co., Citigroup Inc., JPMorgan Chase & Co., KeyCorp, Royal Bank of Canada, StockNews.com, TD Cowen, The Goldman Sachs Group, Inc., and TheStreet.
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 $73.57, suggesting a possible upside of 12.8%. Citigroup Inc. 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 $56.00 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 3 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for CCOI.

What other companies compete with Cogent Communications?

Other companies that are similar to Cogent Communications include Iridium Communications, EchoStar, AST SpaceMobile, Globalstar and Calix. 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.