Cogent Communications (CCOI) Expected to Release Quarterly Earnings on Thursday

Cogent Communications (NASDAQ:CCOI) will likely be posting its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Cogent Communications to post earnings of ($0.83) per share and revenue of $234.73 million for the quarter. Individuals can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Cogent Communications (NASDAQ:CCOI) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $1.38 earnings per share for the quarter, topping the consensus estimate of ($1.00) by $2.38. The firm had revenue of $235.56 million during the quarter, compared to the consensus estimate of $239.55 million. During the same period in the previous year, the company posted ($1.21) EPS. The company’s revenue for the quarter was down 4.4% compared to the same quarter last year. On average, analysts expect Cogent Communications to post ($3.13) EPS for the current fiscal year and ($2.76) EPS for the next fiscal year.

Cogent Communications Stock Up 2.3%

NASDAQ:CCOI opened at $7.64 on Thursday. The business’s 50-day moving average price is $8.77 and its two-hundred day moving average price is $15.96. Cogent Communications has a twelve month low of $7.04 and a twelve month high of $44.31. The stock has a market cap of $391.29 million, a P/E ratio of -7.96 and a beta of 0.81.

Cogent Communications Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 21st were given a dividend of $0.02 per share. The ex-dividend date was Friday, August 21st. This represents a $0.08 annualized dividend and a dividend yield of 1.0%. Cogent Communications’s dividend payout ratio is -8.33%.

Key Cogent Communications News

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

• Positive Sentiment: Analyst price targets imply substantial theoretical upside of approximately 119.8% from recent levels. Zacks noted that improving earnings-estimate revisions could support a recovery, while cautioning that price targets are not always reliable. Can Cogent Climb to the Level Wall Street Analysts Expect?
• Positive Sentiment: Cogent is identified as a potential beneficiary of long-term 5G adoption and rising demand for wireless connectivity, despite near-term macroeconomic challenges. 3 Wireless Stocks Likely to Benefit Despite Macroeconomic Challenges
• Positive Sentiment: Zacks Research made several modest upward adjustments to projected EPS for 2026, 2027 and 2028, suggesting expectations for losses are improving slightly. However, the company is still expected to remain unprofitable, with consensus full-year EPS of approximately negative $3.13.
• Negative Sentiment: Moody’s cut Cogent’s credit rating to Caa2, citing mounting risks around refinancing debt coming due in 2027. The downgrade raises concerns about borrowing costs, liquidity and the company’s ability to refinance on favorable terms, making it the most significant near-term pressure on CCOI. Moody’s Cuts Cogent Rating to Caa2

Wall Street Analysts Forecast Growth

CCOI has been the topic of a number of analyst reports. Royal Bank Of Canada decreased their target price on shares of Cogent Communications from $18.00 to $12.00 and set a “sector perform” rating on the stock in a research report on Thursday, August 13th. JPMorgan Chase & Co. lowered shares of Cogent Communications from a “neutral” rating to an “underweight” rating and cut their price target for the company from $22.00 to $9.00 in a research report on Wednesday, August 19th. Citigroup cut their price target on shares of Cogent Communications from $20.00 to $11.50 and set a “neutral” rating for the company in a research report on Thursday, August 13th. TD Cowen reduced their price objective on Cogent Communications from $34.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Finally, Wall Street Zen upgraded Cogent Communications from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Cogent Communications presently has a consensus rating of “Hold” and a consensus price target of $19.55.

Insider Activity at Cogent Communications

In related news, CFO Thaddeus Weed sold 4,850 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $9.37, for a total value of $45,444.50. Following the completion of the transaction, the chief financial officer directly owned 193,050 shares of the company’s stock, valued at $1,808,878.50. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 4.20% of the company’s stock.

Cogent Communications Company Profile

Cogent Communications Holdings, Inc (NASDAQ: CCOI) is a telecommunications company that provides high-speed Internet connectivity and data transport services to businesses, telecommunications carriers, content providers, government agencies and educational institutions. The company operates a global, facilities-based fiber-optic network and is recognized as a Tier 1 Internet service provider.

Cogent’s offerings include dedicated Internet access, IP transit, Ethernet and other private network connectivity services.