Cogent Communications Holdings, Inc. (CCOI)
NASDAQ: CCOI · IEX Real-Time Price · USD
54.78
-0.46 (-0.83%)
At close: Jul 2, 2024, 4:00 PM
55.00
+0.22 (0.40%)
After-hours: Jul 2, 2024, 4:44 PM EDT
CCOI Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for CCOI stock have an average target of 75.33, with a low estimate of 56 and a high estimate of 105. The average target predicts an increase of 37.51% from the current stock price of 54.78.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CCOI stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 4 | 3 | 3 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 4 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Total | 8 | 8 | 8 | 9 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Initiates $56 | Hold | Initiates | $56 | +2.23% | Jul 1, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $73 → $70 | Hold | Maintains | $73 → $70 | +27.78% | May 13, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $84 → $78 | Strong Buy | Maintains | $84 → $78 | +42.39% | May 10, 2024 |
| Keybanc | Keybanc | Buy Maintains $88 → $80 | Buy | Maintains | $88 → $80 | +46.04% | May 10, 2024 |
| MoffettNathanson | MoffettNathanson | Strong Buy Maintains $95 → $105 | Strong Buy | Maintains | $95 → $105 | +91.68% | Mar 11, 2024 |
Financial Forecast
Revenue This Year
1.09B
from 940.92M
Increased by 15.52%
Revenue Next Year
1.13B
from 1.09B
Increased by 3.96%
EPS This Year
-4.95
from 26.62
EPS Next Year
-3.73
from -4.95
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.1B | 1.2B | 1.3B | 1.6B | 1.7B |
| Avg | 1.1B | 1.1B | 1.2B | 1.3B | 1.4B |
| Low | 1.0B | 1.0B | 1.0B | 1.1B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.7% | 14.0% | 19.4% | 30.1% | 25.1% |
| Avg | 15.5% | 4.0% | 7.2% | 10.7% | 3.7% |
| Low | 8.9% | -5.6% | -7.5% | -13.0% | -20.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -4.08 | -2.72 | -1.65 | -0.59 | -0.15 |
| Avg | -4.95 | -3.73 | -2.44 | -1.15 | -0.31 |
| Low | -5.64 | -4.56 | -3.78 | -1.67 | -0.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | - |
| Avg | - | - | - | - | - |
| Low | - | - | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.