Cogent Communications (CCOI) Set to Post Quarterly Earnings on Thursday

Cogent Communications (NASDAQ:CCOI – Get Free Report) is expected to be posting its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Cogent Communications to post earnings of ($0.83) per share and revenue of $234.73 million for the quarter. Individuals may visit the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Cogent Communications (NASDAQ:CCOI – Get Free Report) last announced its earnings results on Thursday, August 6th. The technology company reported $1.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.00) by $2.38. The business had revenue of $235.56 million during the quarter, compared to the consensus estimate of $239.55 million. During the same period in the previous year, the firm posted ($1.21) EPS. The company’s revenue was down 4.4% compared to the same quarter last year. On average, analysts expect Cogent Communications to post ($3.13) EPS for the current fiscal year and ($2.76) EPS for the next fiscal year.

Cogent Communications Stock Performance

CCOI stock opened at $5.91 on Wednesday. The company’s 50-day simple moving average is $8.52 and its 200 day simple moving average is $15.63. Cogent Communications has a 52 week low of $5.90 and a 52 week high of $40.81. The company has a market capitalization of $302.71 million, a PE ratio of -6.16 and a beta of 0.80.

Insider Activity

In related news, CFO Thaddeus Weed sold 4,850 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $9.37, for a total value of $45,444.50. Following the transaction, the chief financial officer owned 193,050 shares in the company, valued at approximately $1,808,878.50. This trade represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 4.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CCOI. Royal Bank Of Canada cut their price objective on shares of Cogent Communications from $18.00 to $12.00 and set a “sector perform” rating for the company in a report on Thursday, August 13th. TD Cowen decreased their target price on shares of Cogent Communications from $34.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Wall Street Zen raised shares of Cogent Communications from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. KeyCorp dropped their price target on shares of Cogent Communications from $25.00 to $15.00 and set an “overweight” rating for the company in a research report on Friday, August 7th. Finally, Wells Fargo & Company dropped their price target on shares of Cogent Communications from $18.00 to $14.00 and set an “equal weight” rating for the company in a research report on Friday, August 7th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Cogent Communications has an average rating of “Hold” and a consensus target price of $19.55.

Read Our Latest Analysis on CCOI

Cogent Communications Company Profile

(Get Free Report)

Cogent Communications Holdings, Inc (NASDAQ: CCOI) is a telecommunications company that provides high-speed Internet connectivity and data transport services to businesses, telecommunications carriers, content providers, government agencies and educational institutions. The company operates a global, facilities-based fiber-optic network and is recognized as a Tier 1 Internet service provider.

Cogent’s offerings include dedicated Internet access, IP transit, Ethernet and other private network connectivity services.

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Earnings History for Cogent Communications (NASDAQ:CCOI)

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