Cogent Communications Group Inc (CCOI) Stock Forecast & Price Target
Cogent Communications Group Inc · NASDAQ
$12.95+0.73 (+5.97%)
15-min delayed · Jul 28, 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, 6 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets range widely, $17.00 to $34.00 (about 2.0x), a sign of real disagreement on valuation. The average target of $23.22 sits 79% above the current $12.95. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 2 to 3 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.91 next quarter toward $-2.95 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS9 ratings
Moderate Buy
Strong Buy00%
Buy333%
Hold667%
Sell00%
Strong Sell00%
Based on 9 analysts giving stock ratings to Cogent Communications Group Inc.
As of Jul, 3 of 9 firms rate CCOI a Buy (6 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
CCOI EPS & revenue forecast
EPS · NEXT QUARTER
$-0.91
Range $-0.97 – $-0.78 · 3 analysts · +4% YoY
Next period, 3 analysts expect Cogent Communications Group Inc to earn $-0.91 a share (range $-0.97 – $-0.78), versus $-0.87 a year earlier. Full-year consensus is $-3.92, growing to $-2.95 the year after.
REVENUE · NEXT QUARTER
$241.6M
Range $239.3M – $244.1M · 3 analysts · -0% YoY
Revenue is expected to reach $241.6M (range $239.3M – $244.1M), -0.2% year-over-year. Full-year consensus is $963.8M, rising to $1.0B 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
$18.00+39.0% to target
Coverage
—
+ Follow
#2
SP
Sebastiano Petti
JP Morgan
Hold
$22.00+69.9% to target
Coverage
—
+ Follow
#3
Michael Rollins
Citigroup
Hold
$20.00+54.4% to target
Coverage
—
+ Follow
#4
Eric Luebchow
Wells Fargo
Hold
$18.00+39.0% to target
Coverage
—
+ Follow
#5
CS
Christopher Schoell
UBS
Hold
$17.00+31.3% 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 $23.22 for Cogent Communications Group Inc over the next 12 months, ranging from a $34.00 high to a $17.00 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, 6 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for CCOI?+
The Street-high target is $34.00 (TD Cowen), and the Street-low is $17.00 (UBS). The average of all 9 active targets is $23.22.
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 $18.00 target.
What is Cogent Communications Group Inc's projected EPS for next quarter?+
The consensus estimate is $-0.91 per share (range $-0.97 – $-0.78) across 3 analysts. Full-year EPS is projected at $-3.92, rising to $-2.95 the following year.
How much revenue is Cogent Communications Group Inc expected to report next quarter?+
Consensus revenue is $241.6M (range $239.3M – $244.1M). Full-year revenue is projected at $963.8M, growing to $1.0B next year.
Have analysts been upgrading or downgrading CCOI lately?+
As of Jul, 3 of 9 firms rate CCOI a Buy (6 Hold, 0 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.
