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CCOI Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
19.260
Open
19.019
VWAP
18.07
Vol
2.00M
Mkt Cap
1.08B
Low
17.180
Amount
36.17M
EV/EBITDA(TTM)
18.99
Total Shares
50.08M
EV
3.20B
EV/OCF(TTM)
--
P/S(TTM)
0.98
Cogent Communications Holdings, Inc. is a facilities-based provider of Internet access, private network services, optical wavelength and optical transport services and data center colocation space and power. The Company operates two networks: an Internet protocol (IP) Network designed and optimized to transmit packet routed data and an Optical Wave Network designed to provide optical wave and transport services. It delivers its services primarily to businesses, large and small, communications service providers and other bandwidth-intensive organizations in approximately 57 countries across North America, Europe, Asia, South America, Oceania and Africa. It offers on-net Internet access services through its own facilities, which run from its IP Network to its customers’ premises. The Company provides its on-net Internet access and private network services to its corporate, net-centric and enterprise customers.
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Events Timeline

(ET)
2026-05-26
07:40:00
Cogent Sells Ten Data Centers for $225 Million
select
2026-05-26
07:20:00
I Squared Capital Acquires Cogent Fiber Data Centers for $225M
select

News

Newsfilter
7.5
05-26Newsfilter
I Squared Capital Acquires Data Centers for AI Infrastructure
  • Acquisition Overview: Investment manager I Squared Capital announced on Tuesday the acquisition of 10 data center facilities from Cogent Fiber for $225 million in cash, marking its latest investment in AI infrastructure.
  • Platform Development Plans: I Squared intends to use these assets as a 'seed' for a new U.S. data center operating platform, committing an additional $1 billion for upgrades, expansions, and acquisitions to enhance its market competitiveness.
  • Market Trend Shift: The deal spans nine locations and underscores the shift from large centralized data centers to those closer to end-users for AI inference, reflecting the distinction between 'learning' and 'doing.'
  • Facility Value Assessment: Gautam Bhandari, co-founder of I Squared Capital, emphasized that location, power, and connectivity are the three variables determining a data center's long-term value, and the acquired facilities possess all three in markets where new supply is severely constrained.
seekingalpha
7.5
05-26seekingalpha
Cogent Communications Sells 10 Data Centers for $225M
  • Significant Transaction Value: Cogent Fiber is selling 10 data center facilities for $225 million in cash, which not only provides substantial cash flow but also enhances the company's financial flexibility to support future investments.
  • Diverse Facility Locations: The facilities are located in major U.S. cities, including Phoenix, AZ, Anaheim, CA, and Burbank, CA, which will aid the new entity in rapid expansion across different markets due to geographical diversity.
  • Transaction Timeline: The deal is expected to close on or after June 12, 2026, providing ample preparation time for both parties to ensure a smooth transaction and mitigate potential risks.
  • Positive Stock Reaction: Cogent Communications' stock rose by 9.03% to $19.80, reflecting the market's positive sentiment towards the transaction and indicating investor confidence in the company's future growth potential.
NASDAQ.COM
7.5
05-26NASDAQ.COM
Cogent Sells 10 Data Centers for $225 Million
  • Transaction Overview: Cogent Communications Holdings, Inc. announced that its subsidiary, Cogent Fiber, LLC, has agreed to sell 10 data centers in the U.S. for $225 million in cash, covering facilities in Phoenix, AZ; Anaheim, CA; Burbank, CA; Stockton, CA; Atlanta, GA; Chicago, IL; Elkridge, MD; Kansas City, MO; Nashville, TN; and Houston, TX, indicating a strategic intent for asset optimization.
  • Timeline for Closure: The transaction is expected to close on June 12 or upon the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, demonstrating the company's proactive approach to asset disposal while adhering to regulatory requirements.
  • Market Reaction: In pre-market trading on the NYSE, Cogent's shares rose by 7.98% to $19.61, reflecting a positive market response to the transaction, despite a 1.14% decline in the regular session on Monday.
  • Undisclosed Use of Proceeds: Although the company did not disclose how it would utilize the proceeds from the sale, this transaction could potentially provide funding for future investments and expansions, indicating Cogent's flexible response strategy in a competitive market.
PRnewswire
7.5
05-26PRnewswire
Cogent Sells 10 Data Centers for $225 Million
  • Transaction Overview: Cogent Communications Holdings, Inc. announced that its wholly owned subsidiary, Cogent Fiber, LLC, has signed an agreement to sell 10 data centers for an aggregate cash price of $225 million to a newly formed entity sponsored by I Squared Capital, with locations including Phoenix, AZ, and several cities in California, expected to close after June 12, 2026.
  • Market Impact: This transaction allows Cogent to focus resources on its core business of providing low-cost, high-speed internet access and private network services, thereby enhancing its competitiveness in bandwidth-intensive markets.
  • Strategic Significance: By divesting these data centers, Cogent aims to optimize its asset portfolio, improve financial flexibility, and provide funding for future investments and expansions, particularly across its operations in 306 global markets.
  • Regulatory Compliance: The transaction must comply with the Hart-Scott-Rodino Antitrust Improvements Act, ensuring that all regulatory requirements are met before closing, thereby mitigating potential legal risks.
Newsfilter
7.5
05-26Newsfilter
Cogent Sells 10 Data Centers for $225 Million
  • Transaction Overview: Cogent Communications Holdings, Inc. announced that its wholly-owned subsidiary, Cogent Fiber, LLC, has signed an agreement to sell 10 data centers for an aggregate cash price of $225 million to a newly formed entity sponsored by I Squared Capital, reflecting the company's strategic decision to optimize its asset portfolio.
  • Facility Locations: The 10 data centers are located in key U.S. cities including Phoenix, AZ; Anaheim, Burbank, and Stockton, CA; Atlanta, GA; Chicago, IL; Elkridge, MD; Kansas City, MO; Nashville, TN; and Houston, TX, enhancing the buyer's market presence across multiple important regions.
  • Transaction Timeline: The deal is expected to close on June 12, 2026, or upon the expiration of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, indicating the company's proactive approach to asset disposal while adhering to regulatory requirements.
  • Company Background: Cogent is a facilities-based provider of low-cost, high-speed internet access and private network services, operating an all-optical IP network across 306 markets, and this transaction is poised to further enhance its competitive position and operational flexibility in the market.
Globenewswire
7.0
05-19Globenewswire
Pomerantz LLP Investigates Cogent for Securities Fraud
  • Securities Fraud Investigation: Pomerantz LLP is investigating Cogent Communications Holdings, Inc. for potential securities fraud or unlawful business practices by its officers, which could lead to significant losses for investors.
  • Declining Financial Performance: On May 4, 2026, Cogent reported a sequential decline in service revenue for Q1 2026, indicating potential challenges in maintaining market competitiveness and operational efficiency.
  • Stock Price Plummet: Following the disappointing financial results, Cogent's stock price fell by $6.79, or 19.32%, closing at $16.37 per share on May 4, 2026, severely undermining investor confidence and market perception.
  • Potential Legal Consequences: As a prominent securities litigation firm, Pomerantz LLP may offer legal support to affected investors, and if the investigation confirms wrongdoing, Cogent could face substantial liability for damages.
Wall Street analysts forecast CCOI stock price to rise
4 Analyst Rating
Wall Street analysts forecast CCOI stock price to rise
1 Buy
2 Hold
1 Sell
Hold
Current: 0.000
sliders
Low
21.00
Averages
22.33
High
23.00
Current: 0.000
sliders
Low
21.00
Averages
22.33
High
23.00
JPMorgan
Overweight -> Neutral
downgrade
$22
AI Analysis
2026-05-28
New
Reason
JPMorgan
Price Target
$22
AI Analysis
2026-05-28
New
downgrade
Overweight -> Neutral
Reason
JPMorgan downgraded Cogent to Neutral from Overweight with a $22 price target.
JPMorgan
Overweight
to
Neutral
downgrade
$22
2026-05-28
New
Reason
JPMorgan
Price Target
$22
2026-05-28
New
downgrade
Overweight
to
Neutral
Reason
JPMorgan downgraded Cogent to Neutral from Overweight with a $22 price target. The downgrade follows Cogent's announcement of a definitive agreement to sell 10 data centers to I Squared Capital for $225M in cash, as the firm noted that "the data center sale catalyst" is "now behind us."
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Valuation Metrics

The current forward P/E ratio for Cogent Communications Holdings Inc (CCOI.O) is 5000.00, compared to its 5-year average forward P/E of 447.71. For a more detailed relative valuation and DCF analysis to assess Cogent Communications Holdings Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
447.71
Current PE
5000.00
Overvalued PE
1896.18
Undervalued PE
-1000.76

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
15.82
Current EV/EBITDA
20.86
Overvalued EV/EBITDA
19.19
Undervalued EV/EBITDA
12.45

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.33
Current PS
1.07
Overvalued PS
4.71
Undervalued PS
1.95

Financials

AI Analysis
Annual
Quarterly

Whales Holding CCOI

C
Centerbook Partners LP
Holding
CCOI
+11.12%
3M Return
D
DigitalBridge Investment Management, LLC
Holding
CCOI
+6.94%
3M Return
T
Turtle Creek Asset Management Inc.
Holding
CCOI
-3.62%
3M Return

Trading Trends

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Frequently Asked Questions

What is Cogent Communications Holdings Inc (CCOI) stock price today?

The current price of CCOI is 17.76 USD — it has decreased -10.39

What is Cogent Communications Holdings Inc (CCOI)'s business?

Cogent Communications Holdings, Inc. is a facilities-based provider of Internet access, private network services, optical wavelength and optical transport services and data center colocation space and power. The Company operates two networks: an Internet protocol (IP) Network designed and optimized to transmit packet routed data and an Optical Wave Network designed to provide optical wave and transport services. It delivers its services primarily to businesses, large and small, communications service providers and other bandwidth-intensive organizations in approximately 57 countries across North America, Europe, Asia, South America, Oceania and Africa. It offers on-net Internet access services through its own facilities, which run from its IP Network to its customers’ premises. The Company provides its on-net Internet access and private network services to its corporate, net-centric and enterprise customers.

What is the price predicton of CCOI Stock?

Wall Street analysts forecast CCOI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CCOI is22.33 USD with a low forecast of 21.00 USD and a high forecast of 23.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Cogent Communications Holdings Inc (CCOI)'s revenue for the last quarter?

Cogent Communications Holdings Inc revenue for the last quarter amounts to 239.19M USD, decreased -3.18

What is Cogent Communications Holdings Inc (CCOI)'s earnings per share (EPS) for the last quarter?

Cogent Communications Holdings Inc. EPS for the last quarter amounts to -0.83 USD, decreased -23.85

How many employees does Cogent Communications Holdings Inc (CCOI). have?

Cogent Communications Holdings Inc (CCOI) has 1833 emplpoyees as of May 30 2026.

What is Cogent Communications Holdings Inc (CCOI) market cap?

Today CCOI has the market capitalization of 1.08B USD.