Cogent Communications Group Inc (CCOI) Stock Forecast & Price Target
Cogent Communications Group Inc · NASDAQ
$9.65-0.40 (-3.98%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 9 firms covering Cogent Communications Group Inc, 3 rate it Buy or better, 5 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. The target range is very wide, $9.00 to $30.00 (about 3.3x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $17.50 sits 81% above the current $9.65. Sentiment has cooled somewhat, with Sell ratings rising from 0 to 1 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.81 next quarter toward $-2.58 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS9 ratings
Moderate Buy
Strong Buy00%
Buy333%
Hold556%
Sell111%
Strong Sell00%
Based on 9 analysts giving stock ratings to Cogent Communications Group Inc.
As of Sep, 3 of 9 firms rate CCOI a Buy (5 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
CCOI EPS & revenue forecast
EPS · NEXT QUARTER
$-0.81
Range $-0.87 – $-0.76 · 2 analysts · +166% YoY
Next period, 2 analysts expect Cogent Communications Group Inc to earn $-0.81 a share (range $-0.87 – $-0.76), versus $-0.31 a year earlier. Full-year consensus is $-2.52, growing to $-2.58 the year after.
REVENUE · NEXT QUARTER
$235.3M
Range $228.4M – $242.0M · 2 analysts · -2% YoY
Revenue is expected to reach $235.3M (range $228.4M – $242.0M), -2.2% year-over-year. Full-year consensus is $944.3M, rising to $957.9M next year.
Top analysts covering Cogent Communications Group Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on CCOI.
#1
Jonathan Atkin
RBC Capital
Hold
$12.00+24.4% to target
Coverage
—
+ Follow
#2
Eric Luebchow
Wells Fargo
Hold
$14.00+45.1% to target
Coverage
—
+ Follow
#3
SP
Sebastiano Petti
JP Morgan
Sell
$9.00-6.7% to target
Coverage
—
+ Follow
#4
CS
Christopher Schoell
UBS
Hold
$11.00+14.0% to target
Coverage
—
+ Follow
#5
Michael Rollins
Citigroup
Hold
$11.50+19.2% to target
Coverage
—
+ Follow
CCOI stock forecast FAQ
What is CCOI's average 12-month price target?+
The 9 analysts with a live target average $17.50 for Cogent Communications Group Inc over the next 12 months, ranging from a $30.00 high to a $9.00 low.
Is CCOI stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 9 analyst ratings, 3 are Buy or Strong Buy, 5 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for CCOI?+
The Street-high target is $30.00 (TD Cowen), and the Street-low is $9.00 (JP Morgan). The average of all 9 active targets is $17.50.
How many Wall Street analysts cover CCOI?+
9 analysts have an active rating on Cogent Communications Group Inc, and 9 firms carry a live 12-month price target.
Who is the most accurate analyst covering CCOI?+
Among analysts who currently cover CCOI, Jonathan Atkin of RBC Capital has the strongest overall Quantellect track record. Their current call is Hold with a $12.00 target.
What is Cogent Communications Group Inc's projected EPS for next quarter?+
The consensus estimate is $-0.81 per share (range $-0.87 – $-0.76) across 2 analysts. Full-year EPS is projected at $-2.52, rising to $-2.58 the following year.
How much revenue is Cogent Communications Group Inc expected to report next quarter?+
Consensus revenue is $235.3M (range $228.4M – $242.0M). Full-year revenue is projected at $944.3M, growing to $957.9M next year.
Have analysts been upgrading or downgrading CCOI lately?+
As of Sep, 3 of 9 firms rate CCOI a Buy (5 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their CCOI calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
