Cogent Communications Holdings, Inc. (CCOI)
NASDAQ: CCOI · Real-Time Price · USD
83.79
+2.39 (2.94%)
Nov 21, 2024, 4:00 PM EST - Market closed

CCOI Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for CCOI stock have an average target of 82, with a low estimate of 65 and a high estimate of 105. The average target predicts a decrease of -2.14% from the current stock price of 83.79.

Analyst Consensus: Buy
Target Low Average Median High
Price $65 $82 $82 $105
Change -22.43% -2.14% -2.14% +25.31%

Analyst Ratings

The average analyst rating for CCOI stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 223334
Buy 222222
Hold 454443
Sell 001111
Strong Sell 111111
Total 91011111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Strong Buy
Initiates
$102
Strong Buy Initiates $102 +21.73% Nov 14, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$62$71
Hold Maintains $62$71 -15.26% Oct 4, 2024
RBC Capital
RBC Capital
Buy
Reiterates
$74
Buy Reiterates $74 -11.68% Sep 3, 2024
Keybanc
Keybanc
Buy
Maintains
$80$90
Buy Maintains $80$90 +7.41% Aug 27, 2024
B of A Securities
B of A Securities
Sell
Downgrades
$75$65
Sell Downgrades $75$65 -22.43% Aug 21, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.06B
from 890.72M
Increased by 19.12%
Revenue Next Year
1.10B
from 1.06B
Increased by 3.30%
EPS This Year
-4.48
from 26.62
EPS Next Year
-3.42
from -4.48
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
531.26M553.00M571.30M584.20M890.72M1.06B1.10B1.19B
Revenue Growth
4.64%4.09%3.31%2.26%52.47%19.12%3.30%8.76%
EPS
0.810.131.030.1126.62-4.48-3.42-1.89
EPS Growth
28.57%-83.95%692.31%-89.34%24,148.72%---
Forward PE
--------
No. Analysts -----141410
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.1B 1.2B 1.3B
Avg 1.1B 1.1B 1.2B
Low 980.0M 1.0B 1.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
24.3%
9.1%
20.2%
Avg
19.1%
3.3%
8.8%
Low
10.0%
-5.6%
-3.6%

EPS Forecast

EPS 20242025202620272028
High -3.41 -0.54 -0.60
Avg -4.48 -3.42 -1.89
Low -4.90 -5.31 -2.98

EPS Growth

EPS Growth 20242025202620272028
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.