Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Given Consensus Rating of “Hold” by Brokerages

Posted by Stanley Muller on Sep 4th, 2026

Cogent Communications Holdings, Inc. (NASDAQ:CCOI – Get Free Report) has been given a consensus rating of “Hold” by the eleven analysts that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $19.55.

Several brokerages have recently commented on CCOI. Citigroup lowered their target price on shares of Cogent Communications from $20.00 to $11.50 and set a “neutral” rating for the company in a report on Thursday, August 13th. Royal Bank Of Canada cut their price target on shares of Cogent Communications from $18.00 to $12.00 and set a “sector perform” rating on the stock in a report on Thursday, August 13th. TD Cowen reduced their price objective on shares of Cogent Communications from $34.00 to $30.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Cogent Communications in a research report on Monday, August 17th. Finally, KeyCorp cut their target price on Cogent Communications from $25.00 to $15.00 and set an “overweight” rating on the stock in a research note on Friday, August 7th.

Read Our Latest Report on CCOI

Insider Buying and Selling at Cogent Communications

In other Cogent Communications news, VP Henry Kilmer sold 2,400 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $17.01, for a total value of $40,824.00. Following the completion of the transaction, the vice president owned 38,600 shares in the company, valued at $656,586. This represents a 5.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Thaddeus Weed sold 4,850 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $9.37, for a total value of $45,444.50. Following the sale, the chief financial officer directly owned 193,050 shares of the company’s stock, valued at approximately $1,808,878.50. This represents a 2.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 12,100 shares of company stock worth $167,700. Insiders own 4.20% of the company’s stock.

Institutional Trading of Cogent Communications

Hedge funds have recently added to or reduced their stakes in the stock. California State Teachers Retirement System lifted its stake in Cogent Communications by 1,545.0% in the second quarter. California State Teachers Retirement System now owns 752,005 shares of the technology company’s stock valued at $10,438,000 after purchasing an additional 706,291 shares during the last quarter. Nykredit A S bought a new stake in shares of Cogent Communications in the second quarter valued at $32,000. Newtyn Management LLC raised its stake in shares of Cogent Communications by 3.5% in the second quarter. Newtyn Management LLC now owns 1,655,895 shares of the technology company’s stock valued at $22,984,000 after buying an additional 55,895 shares during the period. BTG Pactual Asset Management US LLC purchased a new position in shares of Cogent Communications during the 2nd quarter valued at $142,000. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Cogent Communications during the 2nd quarter valued at $26,000. Institutional investors own 92.45% of the company’s stock.

Cogent Communications Stock Down 2.3%

Shares of NASDAQ:CCOI opened at $9.98 on Friday. The business’s 50 day moving average is $11.62 and its 200 day moving average is $16.59. Cogent Communications has a 12-month low of $8.88 and a 12-month high of $45.69. The stock has a market cap of $511.18 million, a price-to-earnings ratio of -10.40 and a beta of 0.77.

Cogent Communications (NASDAQ:CCOI – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of ($1.00) by $2.38. Cogent Communications had a negative return on equity of 842.48% and a negative net margin of 4.73%.The business had revenue of $235.56 million during the quarter, compared to analyst estimates of $239.55 million. During the same period in the prior year, the firm posted ($1.21) EPS. Cogent Communications’s quarterly revenue was down 4.4% compared to the same quarter last year. As a group, equities research analysts expect that Cogent Communications will post -3.01 earnings per share for the current year.

Cogent Communications Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 21st will be issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, August 21st. Cogent Communications’s dividend payout ratio (DPR) is -8.33%.

Cogent Communications News Roundup

Here are the key news stories impacting Cogent Communications this week:

Positive Sentiment: A Zacks article included CCOI among five stocks with rising price-to-earnings ratios, offering a limited valuation-related positive. However, this was a screening article rather than a new company-specific development. Bet on 5 Top-Ranked Stocks With Rising P/E
Neutral Sentiment: Analyst commentary covering communication-services companies, including Cogent and Verizon, was reported, but the available information does not identify a material change to CCOI’s rating, earnings outlook, or price target. Analysts Offer Insights on Communication Services Companies
Negative Sentiment: Multiple law firms announced or promoted a securities class action against Cogent concerning investors who purchased shares from February 29, 2024, through May 1, 2026. The allegations focus on whether Cogent adequately disclosed risks involving optical-wavelength demand, backlog conversion, margin loans, pledged-share foreclosures, and dividend-related risks. Investors have until September 21, 2026 to seek lead-plaintiff status. The allegations have not been proven, but the litigation creates legal costs, potential liability, and ongoing headline pressure. Robbins Geller Announces Cogent Class Action Deadline
Negative Sentiment: Chief Financial Officer Thaddeus Gerard Weed sold 4,850 CCOI shares for approximately $45,445 at an average price of $9.37, reducing his position by 2.45%. Although the sale is relatively small and does not establish a fundamental change, insider selling can weigh on investor sentiment. SEC Insider Trading Filing

About Cogent Communications

(Get Free Report)

Cogent Communications (NASDAQ:CCOI) is a multinational Internet service provider specializing in high-speed Internet access and data transport services. The company operates one of the largest Tier 1 IP networks in the world, offering wholesale and enterprise customers reliable, low-latency connectivity. Cogent’s core services include dedicated Internet access, Ethernet transport, wavelength services, and MPLS-based IP Virtual Private Networks, all delivered over its privately owned, fiber-optic backbone.

In addition to network connectivity, Cogent provides data center colocation and managed services designed to support businesses with demanding bandwidth and redundancy requirements.

Featured Stories

Analyst Recommendations for Cogent Communications (NASDAQ:CCOI)

Receive News & Ratings for Cogent Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cogent Communications and related companies with MarketBeat.com's FREE daily email newsletter.