Cogent (CCOI) reported earnings 30 days ago. What's next for the stock?
Cogent Communications NASDAQ: CCOI Chief Executive Dave Schaeffer said the company's planned sale of 10 data centers to I Squared Capital is part of a broader effort to reduce leverage, address concerns around its 2027 notes and eventually restart a more aggressive return-of-capital program.
Cogent Communications NASDAQ: CCOI Founder and CEO Dave Schaeffer said the company remains focused on deleveraging, expanding margins and monetizing portions of its data center portfolio following its 2023 acquisition of Sprint's fiber assets.
Cogent Communications Holdings, Inc. (CCOI) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Explore how Cogent's (CCOI) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
CCOI reports mixed Q1 2026 as loss narrows and beats estimates, but revenues dip as off-net weakness outweighs gains in on-net and wavelength services.
Cogent Communications Holdings, Inc. (CCOI) Q1 2026 Earnings Call Transcript
Cogent Communications reported Q1 revenue of $239.13m, down 3.2%, with continued declines in legacy off-net segments and a 77% share price drop since prior coverage. Profitability is improving, with GAAP gross profit at 23.4% and EBITDA margin up to 18.9%, but GAAP net margin remains negative at -16.5%. CCOI's high debt load ($2.57B) and weak cash position ($140m) pose significant risk, especially as operational improvements are expected to slow in 2026.
While the top- and bottom-line numbers for Cogent (CCOI) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cogent Communications (CCOI) came out with a quarterly loss of $0.83 per share versus the Zacks Consensus Estimate of a loss of $1.03. This compares to a loss of $1.09 per share a year ago.
If you want to get a piece of the data center buildout, the last thing I'd do is go knee-deep into overhyped stocks that already trade at triple-digit valuations.
Cogent Communications Holdings, Inc. (NASDAQ: CCOI - Get Free Report) has received an average recommendation of "Hold" from the eleven analysts that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and three have issued a buy recommendation on the company.