(CCOI) Cogent Communications - Overview

Sector: Communication ServicesIndustry: Telecom Services | Exchange NASDAQ (USA) | Currency USD | Market Cap: 883m | Total Return -69.7% in 12m

Stock Internet Access, Private Network, Data Centers
Total Rating 14
Risk 48
Buy Signal -1.78
Telecom Services -1.6
Alternative Carriers +7.3
Market Cap: 883m
Avg Trading Vol: 19.8M USD
ATR: 8.55%
Peers RS (IBD): 1.6
Risk 5d forecast
Volatility85.7%
Rel. Tail Risk-5.10%
Reward TTM
Sharpe Ratio-1.18
Alpha-80.03
Character TTM
Beta0.608
Beta Downside1.221
Drawdowns 3y
Max DD78.91%
CAGR/Max DD-0.40
EPS (Earnings per Share) EPS (Earnings per Share) of CCOI over the last years for every Quarter: "2021-03": 0.52, "2021-06": -0.05, "2021-09": 0.28, "2021-12": 0.39, "2022-03": 0.02, "2022-06": 0.24, "2022-09": -0.17, "2022-12": 0.02, "2023-03": 0.14, "2023-06": -0.67, "2023-09": -1.2, "2023-12": 4.17, "2024-03": -1.38, "2024-06": -0.68, "2024-09": -1.33, "2024-12": -1.3252, "2025-03": -1.09, "2025-06": -1.21, "2025-09": -0.87, "2025-12": -0.3061,
EPS CAGR: -6.43%
EPS Trend: -41.5%
Last SUE: 0.39
Qual. Beats: 0
Revenue Revenue of CCOI over the last years for every Quarter: 2021-03: 146.777, 2021-06: 147.879, 2021-09: 147.927, 2021-12: 147.213, 2022-03: 149.175, 2022-06: 148.45, 2022-09: 150, 2022-12: 151.979, 2023-03: 153.588, 2023-06: 228.806, 2023-09: 275.429, 2023-12: 272.1, 2024-03: 266.168, 2024-06: 260.443, 2024-09: 257.202, 2024-12: 252.291, 2025-03: 247.048, 2025-06: 246.247, 2025-09: 222.749, 2025-12: 240.518,
Rev. CAGR: 13.58%
Rev. Trend: 73.3%
Last SUE: -0.43
Qual. Beats: 0
Risks
Technicals: volatile
Description: CCOI Cogent Communications March 05, 2026

Cogent Communications Group Inc. (CCOI) provides high-speed internet, private network, and data center colocation services globally. The company serves a diverse client base, including law firms, financial institutions, educational institutions, and other internet service providers.

Cogents business model includes both on-net services, connecting customers directly to its network, and off-net services, utilizing other carriers infrastructure for the last mile connection. Data centers are a key component of the telecommunications sector, providing essential infrastructure for internet and network services.

The company primarily targets small to medium-sized businesses and organizations with high bandwidth demands. The alternative carriers sub-industry focuses on providing competitive telecommunications services.

For more detailed financial analysis and performance metrics, further research on ValueRay is recommended.

Headlines to Watch Out For
  • Corporate customer demand for high-speed internet drives revenue
  • Data center colocation services contribute to recurring income
  • Competition from larger telecom providers impacts market share
  • Regulatory changes in internet infrastructure affect operational costs
  • Global economic conditions influence enterprise IT spending
Piotroski VR‑10 (Strict, 0-10) 1.5
Net Income: -182.2m TTM > 0 and > 6% of Revenue
FCF/TA: -0.06 > 0.02 and ΔFCF/TA 0.03 > 1.0
NWC/Revenue: 24.02% < 20% (prev 22.08%; Δ 1.94% < -1%)
CFO/TA -0.00 > 3% & CFO -10.6m > Net Income -182.2m
Net Debt (2.73b) to EBITDA (187.8m): 14.52 < 3
Current Ratio: 2.04 > 1.5 & < 3
Outstanding Shares: last quarter (47.7m) vs 12m ago 0.39% < -2%
Gross Margin: 32.10% > 18% (prev 0.38%; Δ 3.17k% > 0.5%)
Asset Turnover: 30.50% > 50% (prev 32.65%; Δ -2.15% > 0%)
Interest Coverage Ratio: -0.51 > 6 (EBITDA TTM 187.8m / Interest Expense TTM 162.6m)
Altman Z'' -0.67
A: 0.07 (Total Current Assets 450.6m - Total Current Liabilities 220.8m) / Total Assets 3.10b
B: -0.23 (Retained Earnings -708.6m / Total Assets 3.10b)
C: -0.03 (EBIT TTM -82.4m / Avg Total Assets 3.14b)
D: -0.22 (Book Value of Equity -707.1m / Total Liabilities 3.16b)
Altman-Z'' Score: -0.67 = B
Beneish M -2.97
DSRI: 1.07 (Receivables 177.8m/180.1m, Revenue 956.6m/1.04b)
GMI: 1.19 (GM 32.10% / 38.05%)
AQI: 0.90 (AQ_t 0.20 / AQ_t-1 0.22)
SGI: 0.92 (Revenue 956.6m / 1.04b)
TATA: -0.06 (NI -182.2m - CFO -10.6m) / TA 3.10b)
Beneish M-Score: -2.97 (Cap -4..+1) = A
What is the price of CCOI shares? As of March 30, 2026, the stock is trading at USD 17.62 with a total of 861,672 shares traded.
Over the past week, the price has changed by -6.53%, over one month by -5.99%, over three months by -19.66% and over the past year by -69.74%.
Is CCOI a buy, sell or hold? Cogent Communications has received a consensus analysts rating of 3.75. Therefor, it is recommend to hold CCOI.
  • StrongBuy: 5
  • Buy: 2
  • Hold: 3
  • Sell: 1
  • StrongSell: 1
What are the forecasts/targets for the CCOI price?
ISSUER TARGET UP/DOWN
Wallstreet Target Price 26.2 48.6%
Analysts Target Price 26.2 48.6%
CCOI Fundamental Data Overview March 30, 2026
P/E Forward = 5000.0
P/S = 0.9846
P/B = 40.2795
P/EG = 85.8913
Revenue TTM = 956.6m USD
EBIT TTM = -82.4m USD
EBITDA TTM = 187.8m USD
Long Term Debt = 1.71b USD (from longTermDebt, last quarter)
Short Term Debt = 80.7m USD (from shortTermDebt, last quarter)
Debt = 2.93b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.73b USD (from netDebt column, last quarter)
Enterprise Value = 3.61b USD (882.8m + Debt 2.93b - CCE 205.1m)
Interest Coverage Ratio = -0.51 (Ebit TTM -82.4m / Interest Expense TTM 162.6m)
EV/FCF = -18.21x (Enterprise Value 3.61b / FCF TTM -198.1m)
FCF Yield = -5.49% (FCF TTM -198.1m / Enterprise Value 3.61b)
FCF Margin = -20.71% (FCF TTM -198.1m / Revenue TTM 956.6m)
Net Margin = -19.04% (Net Income TTM -182.2m / Revenue TTM 956.6m)
Gross Margin = 32.10% ((Revenue TTM 956.6m - Cost of Revenue TTM 649.5m) / Revenue TTM)
Gross Margin QoQ = 22.34% (prev 49.51%)
Tobins Q-Ratio = 1.16 (Enterprise Value 3.61b / Total Assets 3.10b)
Interest Expense / Debt = 1.51% (Interest Expense 44.4m / Debt 2.93b)
Taxrate = 21.0% (US default 21%)
NOPAT = -65.1m (EBIT -82.4m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.04 (Total Current Assets 450.6m / Total Current Liabilities 220.8m)
 Debt / Equity = -45.91 (negative equity) (Debt 2.93b / totalStockholderEquity, last quarter -63.8m)
 Debt / EBITDA = 14.52 (Net Debt 2.73b / EBITDA 187.8m)
 Debt / FCF = -13.76 (negative FCF - burning cash) (Net Debt 2.73b / FCF TTM -198.1m)
 Total Stockholder Equity = 21.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -5.81% (Net Income -182.2m / Total Assets 3.10b)
RoE = -842.5% (Net Income TTM -182.2m / Total Stockholder Equity 21.6m)
RoCE = -4.75% (EBIT -82.4m / Capital Employed (Equity 21.6m + L.T.Debt 1.71b))
 RoIC = -3.91% (negative operating profit) (NOPAT -65.1m / Invested Capital 1.67b)
 WACC = 2.80% (E(882.8m)/V(3.81b) * Re(8.12%) + D(2.93b)/V(3.81b) * Rd(1.51%) * (1-Tc(0.21)))
Discount Rate = 8.12% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.33%
 [DCF] Fair Price = unknown (Cash Flow -198.1m)
 EPS Correlation: -41.54 | EPS CAGR: -6.43% | SUE: 0.39 | # QB: 0
Revenue Correlation: 73.34 | Revenue CAGR: 13.58% | SUE: -0.43 | # QB: 0
EPS next Quarter (2026-06-30): EPS=-0.86 | Chg7d=+0.005 | Chg30d=+0.005 | Revisions Net=+0 | Analysts=2
EPS current Year (2026-12-31): EPS=-3.27 | Chg7d=+0.113 | Chg30d=+0.113 | Revisions Net=+0 | Growth EPS=-45.4% | Growth Revenue=+1.1%
EPS next Year (2027-12-31): EPS=-2.37 | Chg7d=-0.050 | Chg30d=-0.050 | Revisions Net=-1 | Growth EPS=+27.5% | Growth Revenue=+6.8%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Next Quarter)
Additional Sources for CCOI Stock Fund Manager Positions: Dataroma · Stockcircle