Cogent Communications (CCOI) Set to Release Earnings on Thursday

Cogent Communications (NASDAQ:CCOI) is anticipated to announce its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of ($0.83) per share and revenue of $234.73 million for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Cogent Communications (NASDAQ:CCOI) last issued its earnings results on Thursday, August 6th. The technology company reported $1.38 EPS for the quarter, topping the consensus estimate of ($1.00) by $2.38. The business had revenue of $235.56 million for the quarter, compared to analyst estimates of $239.55 million. The firm’s revenue was down 4.4% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.21) EPS. 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 Trading Down 10.2%

CCOI stock opened at $6.05 on Tuesday. The stock has a market capitalization of $309.86 million, a P/E ratio of -6.30 and a beta of 0.81. Cogent Communications has a 12 month low of $6.03 and a 12 month high of $41.05. The firm has a 50-day moving average price of $8.59 and a 200-day moving average price of $15.72.

Cogent Communications Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 21st were given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, August 21st. Cogent Communications’s dividend payout ratio is currently -8.33%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Wells Fargo & Company dropped their price objective on shares of Cogent Communications from $18.00 to $14.00 and set an “equal weight” rating for the company in a research note on Friday, August 7th. KeyCorp lowered their price target on shares of Cogent Communications from $25.00 to $15.00 and set an “overweight” rating for the company in a report on Friday, August 7th. JPMorgan Chase & Co. cut Cogent Communications from a “neutral” rating to an “underweight” rating and dropped their price target for the company from $22.00 to $9.00 in a research note on Wednesday, August 19th. Weiss Ratings reissued a “sell (d)” rating on shares of Cogent Communications in a report on Monday, August 17th. Finally, Citigroup cut their price objective on Cogent Communications from $20.00 to $11.50 and set a “neutral” rating on the stock in a report on Thursday, August 13th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $19.55.

Insider Buying and Selling

In related news, CFO Thaddeus Weed sold 4,850 shares of Cogent Communications stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $9.37, for a total transaction of $45,444.50. Following the sale, the chief financial officer directly owned 193,050 shares in the company, valued at $1,808,878.50. This trade represents a 2.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.20% of the stock is currently owned by corporate insiders.

About Cogent Communications

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.