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Cogent Communications (MX:CCOI)
:CCOI

Cogent Comms (CCOI) Price & Analysis

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CCOI Stock Chart & Stats

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Bulls Say, Bears Say

Bulls Say
Wavelength GrowthRapid wavelength revenue and connection growth expands Cogent’s higher-capacity transport offering and diversifies its connectivity mix. Continued adoption can improve network utilization and create a durable growth avenue beyond the pressured legacy Sprint customer base.
On-Net Mix And Margin ExpansionA rising on-net mix supports greater control over service delivery and economics, while margin expansion indicates operating leverage and cost benefits. These improvements can strengthen profitability if product rotation and network utilization continue.
Asset Monetization And DeleveragingSelling non-core data-center assets releases capital for debt reduction and sharpens focus on Cogent’s core network business. Lower leverage and note repurchases can gradually improve financial flexibility, although the debt burden remains substantial.
Bears Say
High Leverage And Refinancing RiskHeavy leverage leaves Cogent exposed to refinancing terms and interest costs, particularly as a large maturity approaches. Elevated debt service can constrain investment and shareholder distributions, while weaker credit markets could reduce strategic flexibility.
Revenue Contraction And Customer-Base PressurePersistent revenue contraction reduces scale benefits and makes deleveraging harder. The steep decline in the acquired Sprint base and weaker Enterprise demand indicate portfolio and competitive pressures that may continue to offset growth in newer on-net and wavelength services.
Unsustainable Free Cash FlowNegative free cash flow limits internally funded debt reduction and increases reliance on asset sales, financing, or temporary support payments. Management also said cash flow is not sustainably positive excluding T-Mobile payments that end in less than two years.

Cogent Comms News

CCOI FAQ

What was Cogent Communications’s price range in the past 12 months?
Currently, no data Available
What is Cogent Communications’s market cap?
Cogent Communications’s market cap is $8.34B.
    When is Cogent Communications’s upcoming earnings report date?
    Cogent Communications’s upcoming earnings report date is Nov 05, 2026 which is in 56 days.
      How were Cogent Communications’s earnings last quarter?
      Cogent Communications released its earnings results on Aug 06, 2026. The company reported $23.538 earnings per share for the quarter, beating the consensus estimate of -$17.125 by $40.663.
        Is Cogent Communications overvalued?
        According to Wall Street analysts Cogent Communications’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Cogent Communications pay dividends?
          Cogent Communications does not currently pay dividends.
          What is Cogent Communications’s EPS estimate?
          Cogent Communications’s EPS estimate is -13.44.
            How many shares outstanding does Cogent Communications have?
            Cogent Communications has 51,215,736 shares outstanding.
              What happened to Cogent Communications’s price movement after its last earnings report?
              Cogent Communications reported an EPS of $23.538 in its last earnings report, beating expectations of -$17.125. Following the earnings report the stock price went same N/A.
                Which hedge fund is a major shareholder of Cogent Communications?
                Currently, no hedge funds are holding shares in MX:CCOI
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Cogent Communications

                  Cogent Communications Holdings, Inc., founded in 1999 and based in Washington, D.C., functions as a multinational provider of high-speed internet connectivity, private networking solutions, and data center co-location services. Its extensive reach covers clients across North America, Europe, Asia, South America, Australia, and Africa. The company delivers its core services, including rapid internet access and secure private networks, in two primary ways: directly to customers located within buildings physically connected to its network (referred to as on-net services), and to those outside this direct infrastructure (off-net services). For corporate customers requiring off-net connections, Cogent frequently utilizes other carriers' circuits to complete the final segment of the network link to the customer's premises. Cogent serves a broad spectrum of organizations, from professional services firms like legal practices, financial institutions, advertising and marketing agencies, healthcare providers, and educational institutions, to other key players in the communications sector. This includes other internet service providers, telephone and cable television companies, web hosting providers, media and mobile phone operators, content delivery networks, and commercial content/application developers. Furthermore, Cogent operates 54 data centers, allowing customers to house their equipment securely and connect directly to its network. The company boasts a significant infrastructure presence, providing facilities to 3,035 buildings in total, with direct on-net services available to 1,817 multi-tenant office buildings. Cogent primarily caters to small and medium-sized enterprises, communications service providers, and organizations with substantial bandwidth demands.

                  Cogent Comms (CCOI) Earnings & Revenues

                  CCOI Company Deck

                  CCOI Earnings Call

                  Q2 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Neutral
                  The call conveyed measurable operational and financial progress — notable asset monetizations, margin expansion, deleveraging steps, strong wavelength revenue growth and traffic acceleration — but also highlighted continuing revenue pressure from the acquired Sprint base, substantial legacy debt and upcoming refinancing risk, constrained free cash flow (excluding T‑Mobile payments), and slower-than-desired wavelength conversion due to supply chain and data center constraints. Achievements on cost savings, on‑net product rotation, asset sales and traffic/EBITDA improvements are significant, yet material challenges remain that temper near‑term credit and cash flow outlooks.View all MX:CCOI earnings summaries

                  CCOI Stock 12 Month Forecast

                  Average Price Target

                  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