12 Month Price Forecast For CCOI
Distance to CCOI Price Forecasts
CCOI Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 4:14 AM UTC
CCOI Analyst Ratings & Price Targets
Based on our analysis of 22 Wall Street analysts, CCOI has a consensus that is neutral. The median price target is $81.00, with forecasts ranging from $55.00 to $102.00. Currently, there are 6 Buy ratings, 4 Hold ratings, and 2 Sell ratings.
With CCOI currently trading at $74.54, the median price forecast suggests a 8.7% upside. The most optimistic forecast comes from Christopher Schoell at UBS, projecting a 36.8% upside, while at provides the most conservative target, suggesting a -26.2% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
CCOI Analyst Consensus
CCOI Price Target Range
Latest CCOI Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for CCOI.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 14, 2024 | UBS | Christopher Schoell | Buy | Initiates | $102.00 |
| Oct 4, 2024 | Goldman Sachs | James Schneider | Neutral | Maintains | $71.00 |
| Sep 3, 2024 | RBC Capital | Bora Lee | Outperform | Reiterates | $74.00 |
| Aug 27, 2024 | Keybanc | Brandon Nispel | Overweight | Maintains | $90.00 |
| Aug 21, 2024 | B of A Securities | David Barden | Underperform | Downgrade | $65.00 |
| Aug 19, 2024 | Citigroup | Michael Rollins | Buy | Maintains | $82.00 |
| Aug 13, 2024 | B of A Securities | David Barden | Neutral | Maintains | $75.00 |
| Aug 12, 2024 | JP Morgan | Sebastiano Petti | Neutral | Maintains | $76.00 |
| Aug 9, 2024 | TD Cowen | Gregory Williams | Buy | Maintains | $82.00 |
| Aug 9, 2024 | Goldman Sachs | James Schneider | Neutral | Maintains | $62.00 |
| Jul 29, 2024 | RBC Capital | Bora Lee | Outperform | Reiterates | $74.00 |
| Jul 1, 2024 | Goldman Sachs | James Schneider | Neutral | Initiates | $56.00 |
| May 13, 2024 | JP Morgan | Sebastiano Petti | Neutral | Maintains | $70.00 |
| May 10, 2024 | TD Cowen | Gregory Williams | Buy | Maintains | $78.00 |
| May 10, 2024 | Keybanc | Josh Beck | Overweight | Maintains | $80.00 |
| Mar 11, 2024 | MoffettNathanson | Nick DelDeo | Buy | Maintains | $105.00 |
| Mar 7, 2024 | B of A Securities | David Barden | Neutral | Downgrade | $75.00 |
| Mar 6, 2024 | JP Morgan | Philip Cusick | Neutral | Maintains | $73.00 |
| Mar 1, 2024 | LightShed Partners | Walter Piecyk | Sell | Downgrade | $0.00 |
| Mar 1, 2024 | Keybanc | Josh Beck | Overweight | Maintains | $88.00 |
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The following stocks are similar to Cogent based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Cogent Communications Holdings Inc (CCOI) Financial Data
Cogent Communications Holdings Inc has a market capitalization of $3.61B with a P/E ratio of 106.6x. The company generates $976.01M in trailing twelve-month revenue with a 4.0% profit margin.
Revenue growth is -9.0% quarter-over-quarter, while maintaining an operating margin of -24.4% and return on equity of +10.3%.
Valuation Metrics
Growth & Margins
Financial Health
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Cogent Communications Holdings Inc (CCOI) Company Overview
About Cogent Communications Holdings Inc
Provides high-speed Internet and data center services.
The company generates revenue by offering high-speed Internet access, private network services, and data center colocation to a variety of clients, including law firms, financial institutions, and educational organizations. It caters to both on-net and off-net customers, providing solutions directly through its network and through partnerships with other carriers for last-mile connectivity.
Founded in 1999 and headquartered in Washington, D.C., the company focuses on serving small to medium-sized businesses and bandwidth-intensive organizations across multiple continents, including North America, Europe, and Africa.
Company Information
Sector
Communication Services
Industry
Telecom Services
Employees
1,908
CEO
Mr. David Schaeffer Ph.D.
Country
United States
IPO Year
2002
Website
www.cogentco.comCogent Communications Holdings Inc (CCOI) Latest News & Analysis
Cogent (CCOI) has received a Zacks Rank #2 (Buy) upgrade, indicating increased optimism about its earnings prospects, which may lead to a potential rise in the stock price.
Cogent's upgrade to a Zacks Rank #2 signals increased earnings optimism, potentially leading to a stock price increase, attracting investor interest and boosting market confidence.
CCOI anticipates growth driven by streamlined product offerings, increased wavelength connections, and cost-effective operations.
Streamlined products and increased wavelength connections suggest CCOI's potential for revenue growth, while cost-effective operations may enhance profit margins, signaling a positive outlook for investors.
5G deployment is expected to benefit the Zacks Wireless National industry despite short-term challenges. Companies VZ, USM, and CCOI are positioned to capitalize on this trend.
Accelerated 5G deployment signals growth potential for the wireless sector, benefiting companies like VZ, USM, and CCOI despite short-term challenges, which could enhance investor returns.
Cogent Communications' CEO Dave Schaeffer will present at the BofA Securities 2024 Leveraged Finance/Credit Conference on December 3rd at 3:30 p.m. in Boca Raton, FL.
CEO presentations can influence investor sentiment and stock performance. Insights from Cogent's strategies at the conference may impact future growth expectations and stock valuation.
8 Upcoming Dividend Increases
2 months agoEight dividend contenders are increasing dividends this week, averaging a 7.1% rise with a median of 4.4%, based on U.S. Dividend Champions and NASDAQ data.
Dividend increases signal company strength and stability, attracting income-focused investors. A consistent growth strategy can enhance portfolio returns and reduce risk over time.
Cogent Communications CEO Dave Schaeffer will present at the RBC Capital Markets 2024 Global TIMT Conference in New York on November 20 at 9:20 a.m. (NASDAQ: CCOI).
CEO presentations at major conferences can influence stock prices by attracting investor interest and highlighting company strategies. Market reactions may follow based on insights shared.
Frequently Asked Questions About CCOI Stock
What is Cogent Communications Holdings Inc's (CCOI) stock forecast for 2025?
Based on our analysis of 22 Wall Street analysts, Cogent Communications Holdings Inc (CCOI) has a median price target of $81.00. The highest price target is $102.00 and the lowest is $55.00.
Is CCOI stock a good investment in 2025?
According to current analyst ratings, CCOI has 6 Buy ratings, 4 Hold ratings, and 2 Sell ratings. The stock is currently trading at $74.54. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for CCOI stock?
Wall Street analysts predict CCOI stock could reach $81.00 in the next 12 months. This represents a 8.7% increase from the current price of $74.54. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Cogent Communications Holdings Inc's business model?
The company generates revenue by offering high-speed Internet access, private network services, and data center colocation to a variety of clients, including law firms, financial institutions, and educational organizations. It caters to both on-net and off-net customers, providing solutions directly through its network and through partnerships with other carriers for last-mile connectivity.
What is the highest forecasted price for CCOI Cogent Communications Holdings Inc?
The highest price target for CCOI is $102.00 from Christopher Schoell at UBS, which represents a 36.8% increase from the current price of $74.54.
What is the lowest forecasted price for CCOI Cogent Communications Holdings Inc?
The lowest price target for CCOI is $55.00 from at , which represents a -26.2% decrease from the current price of $74.54.
What is the overall CCOI consensus from analysts for Cogent Communications Holdings Inc?
The overall analyst consensus for CCOI is neutral. Out of 22 Wall Street analysts, 6 rate it as Buy, 4 as Hold, and 2 as Sell, with a median price target of $81.00.
How accurate are CCOI stock price projections?
Stock price projections, including those for Cogent Communications Holdings Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
