Cogent Communications Holdings, Inc. (CCOI)
NASDAQ: CCOI · Real-Time Price · USD
77.34
+2.42 (3.23%)
Dec 20, 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 an increase of 6.03% from the current stock price of 77.34.
Analyst Consensus: Buy
* Price targets were last updated on Nov 14, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 5 | 4 | 4 | 4 | 3 | 3 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Initiates $102 | Strong Buy | Initiates | $102 | +31.89% | Nov 14, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $62 → $71 | Hold | Maintains | $62 → $71 | -8.20% | Oct 4, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $74 | Buy | Reiterates | $74 | -4.32% | Sep 3, 2024 |
| Keybanc | Keybanc | Buy Maintains $80 → $90 | Buy | Maintains | $80 → $90 | +16.37% | Aug 27, 2024 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $75 → $65 | Hold → Sell | Downgrades | $75 → $65 | -15.96% | Aug 21, 2024 |
Financial Forecast
Revenue This Year
1.06B
from 890.72M
Increased by 19.45%
Revenue Next Year
1.10B
from 1.06B
Increased by 3.38%
EPS This Year
-4.63
from 26.62
EPS Next Year
-4.05
from -4.63
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.1B | 1.2B | 1.3B | |||
| Avg | 1.1B | 1.1B | 1.2B | |||
| Low | 1.0B | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 24.3% | 9.4% | 19.7% | |||
| Avg | 19.5% | 3.4% | 8.4% | |||
| Low | 14.3% | -3.2% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -3.41 | -2.29 | -0.98 | |||
| Avg | -4.63 | -4.05 | -2.16 | |||
| Low | -4.87 | -5.88 | -3.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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.