COGENT COMMUNICATIONS HOLDINGS INC (CCOI)
Communication Services · Data center colocation and fiber optic network services · NASDAQ
A global facilities-based fiber and data center operator providing low-cost high-speed Internet, private networking, and optical transport to enterprises and carriers across 57 countries, currently facing profitability challenges and high debt levels.
What COGENT COMMUNICATIONS HOLDINGS INC does
Cogent Communications is a facilities-based provider of high-speed Internet access, private network services, and data center colocation. The company operates an extensive global network optimized for packet-routed data, serving a diverse customer base including law firms, financial services companies, ISPs, mobile operators, and content delivery networks across 57 countries. Additionally, the company provides optical wavelength and transport services, largely following its acquisition of a long-haul fiber network.
Themes: Internet access / connectivity infrastructure, Data center colocation, Optical fiber transport, Private networking, Bandwidth-intensive enterprise services
Fundamentals
- Price$9.49 as of 2026-08-24 close
- Market cap$486M as of 2026-08-24
- 1-year return-75.3% 2025-08-22 close $38.38 → 2026-08-24 close $9.49
- P/En/a negative earnings
- Net margin-4.7% as of 2026-08-24
- Gross margin+46.3% as of 2026-08-24
- ROE-117.6% as of 2026-08-24
- Debt / equity49.63 as of 2026-08-24
- Revenue growth (YoY)-4.5% as of 2026-08-24
- Revenue CAGR (3y)+8.5% SEC XBRL
- Beta1.07 as of 2026-08-24
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +5.8%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
How CCOI compares in its sector
- net profit marginmiddle range 132 covered Communication Services peers, as of 2026-08-24
- operating marginmiddle range 132 covered Communication Services peers, as of 2026-08-24
- gross marginmiddle range 132 covered Communication Services peers, as of 2026-08-24
- return on equitybottom 10% 132 covered Communication Services peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 121 covered Communication Services peers
- indicated dividend yieldtop 25% 48 covered Communication Services peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 114 covered Communication Services peers, as of FY2025
Position among covered Communication Services companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Not assessable from available data. CCOI paid a dividend in FY2025, but coverage cannot be assessed from the available data (non_positive_net_income, non_positive_free_cash_flow).
- Earnings payoutnot assessable earnings were not positive that year
- Free-cash-flow payoutnot assessable free cash flow was not positive that year
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How COGENT COMMUNICATIONS HOLDINGS INC looks technically
COGENT COMMUNICATIONS HOLDINGS INC (CCOI) is trading 50.5% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 345 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 30, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 37, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 2 trading days ago. It is 79.2% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 50.5% below its 200-day average, the long-term trend line — a long-term downtrend | -50.5% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $12.46 | $12.46 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $19.17 | $19.17 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing high 10 calendar days ago — the swings before that are what the structure reading is measured on | 10 sessions |
| Wave structure | its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes above 11.47. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible downward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 345 trading days ago — a "death cross", a bearish long-term signal | 345 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 30, with sellers in control | 29.6 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 37, neither overbought (above 70) nor oversold (below 30) | 37.1 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($9.00 to $13.49) — its "stochastic" reading is 11 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 10.9 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 12 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $45.69 | $45.69 |
|---|---|---|
| From the 52-week high | it is 79.2% below its 52-week high (its highest price of the past year) | -79.2% |
| Above the 52-week low | it is 5.4% above its 52-week low (its lowest price of the past year) | +5.4% |
| Below the 52-week high | it is 79.2% below its highest point of the past year | 79.2% |
| Since a 20-day breakout | it made a new 20-day low about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day low about 2 trading days ago | 2 sessions |
| All-time high | its highest closing price on record is $92.96 (set on 2020-04-22) | $92.96 |
| Given back of the 52-week move | over the past year its closes ranged ($9.17 to $45.10), and it has recovered essentially none of its fall from last year’s high — 1% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $31.37 to $32.52. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 0.9% |
| From the all-time high | it is 89.8% below its all-time high | -89.8% |
| Nearest price level | it is trading 20.6% below a resistance level at $11.45 — a price it turned at twice since 2026-07-08, most recently on 2026-08-14. Since 2024-08-26 it has 0 such levels below the current price and 12 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +20.6% |
| All-time low | its lowest closing price on record is $3.39 (set on 2008-11-21) | $3.39 |
| Above the all-time low | it is 179.9% above its all-time low | +179.9% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are wider than usual versus its own recent 6-month history (wider than about 76% of it) | 76th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.08 between its high and its low — about 11.4% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.08 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $8.42 and $14.13 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $8.42 – $11.28 – $14.13 |
| Typical daily range (% of price) | its price moves about 11.4% in a typical session — among the most volatile in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 11.4% |
| Stretch from the 200-day average | it is trading 9.0 daily ranges below its 200-day average price (50.5% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 9.0 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.60× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 10.2% since the prior reading | -10.2% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a bearish engulfing | 8 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 8 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-24 1.3% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -1.3% |
|---|---|---|
| Open gap | it gapped 2.0% below the previous close 5 sessions ago and has not traded back through the level it left behind at 11.31 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -2.0% |
| Gap filled | a 5.3% gap down opened on 2026-08-19 has been "filled" 3 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 3 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 23.4 percentage points (the stock lost 20.1% while the market gained 3.3%) | -23.4% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 50.1 percentage points (the stock lost 47.7% while the market gained 2.4%) | -50.1% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 61.0 percentage points (the stock lost 49.9% while the market gained 11.1%) | -61.0% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 93.6 percentage points (the stock lost 75.3% while the market gained 18.3%) | -93.6% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 7 of the 9 technical signals we can compute for it are currently in a bearish state: a strong downtrend, with sellers in control, a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a fresh 20-day low, MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 7 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 29% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-17 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 45.0% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -28.7% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 45% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $17.20 — a volume-weighted average of daily closes over 158 sessions, not a true tick-by-tick VWAP. | -44.8% |
|---|---|---|
| Vs the average paid since it last reported | the price is 8% below the average price paid since it last reported on 2026-08-06 (its 10-Q), so the typical buyer over that stretch is under water. That average is $10.28 — a volume-weighted average of daily closes over 13 sessions, not a true tick-by-tick VWAP. | -7.7% |
Price levels it has turned at before
CCOI last closed at $9.49 on 2026-08-24. Since 2024-08-26 it has turned at 0 prices below its last close and 12 above; the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $11.45 | Resistance | 20.6% above the last close | turned there twice · 2026-07-08 to 2026-08-14 |
| $14.75 | Resistance | 55.4% above the last close | turned there twice · 2026-05-04 to 2026-07-02 |
| $25.13 | Resistance | 164.8% above the last close | turned there twice · 2026-01-22 to 2026-04-27 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes above $11.47.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $3.75 and $6.70 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close above $11.47.
This reading has stood for 2 trading days, since 2026-08-21.
Read from daily closes as of 2026-08-24.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · Broke down to a new 20-day low · Analyst price target recently CUT · lagging the market · Just filled a gap (5%+ closed in the last week) | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-24. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (2.50 mean, 1=Strong Buy…5=Strong Sell) — 11 analysts
- Mean price target$16.45 range $11.00 – $30.00; median $14.00
Analyst estimates, as of 2026-08-18. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for CCOI
- Consensus EPS estimate-$0.88 next reporting period, as of 2026-08-18
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Company is currently unprofitable with negative net margin of -17.53% and negative operating cash flow trends despite asset base of $3.1 billion; high debt burden with $1.7 billion in long-term debt obligations due 2027-2032","Declining revenue with -4.83% YoY contraction and severe stock price deterioration of -74.35% over the past year, indicating loss of market confidence and business momentum","Significant customer concentration risk with major contracts including IP Transit Services Agreement with T-Mobile (shown as substantial receivables due), creating vulnerability to contract renegotiation or loss"]
What changed in the latest 10-Q
AI-assisted comparison of CCOI's 10-Q filed 2026-05-04 against the prior one filed 2025-11-06.
Management's Discussion & Analysis (MD&A)
The two filings could not be meaningfully compared for this section.
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 3 open-market sales by insiders in the last 90 days.
- Last 90 days0 buys · 3 sells ($179266) — 3 selling insiders
- Last 180 days0 buys · 4 sells ($232785) — 4 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-16. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about CCOI's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding CCOI as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 11,082,936
- Reported value $208,802,533
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 3 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
CCOI had 6,954,163 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
CCOI had 13.6% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 6.38 days to cover at the same settlement.
- Reported short interest (shares) 6,954,163
- Short interest (% of shares outstanding) 13.6%
- Prior settlement (shares) 6,936,709
- Reported change 0.25%
- Days to cover (reported) 6.38
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Equinix (EQIX)
- Digital Realty (DLR)
- CoreWeave
- Level 3 Communications / Lumen Technologies (LUMN)
- Zayo Group
- Windstream
- Verizon Communications (VZ)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare CCOI vs…
Frequently asked questions
What does COGENT COMMUNICATIONS HOLDINGS INC (CCOI) do?
Cogent Communications is a facilities-based provider of high-speed Internet access, private network services, and data center colocation. The company operates an extensive global network optimized for packet-routed data, serving a diverse customer base including law firms, financial services companies, ISPs, mobile operators, and content delivery networks across 57 countries.
What sector is COGENT COMMUNICATIONS HOLDINGS INC (CCOI) in?
COGENT COMMUNICATIONS HOLDINGS INC (CCOI) is classified in the Communication Services sector. Its industry is Data center colocation and fiber optic network services. It trades on NASDAQ.
Does CCOI pay a dividend?
Yes — COGENT COMMUNICATIONS HOLDINGS INC (CCOI) pays a dividend, with an indicated yield of about 5.76% and 1-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-08-24). Informational only — not financial advice.
Who are COGENT COMMUNICATIONS HOLDINGS INC's (CCOI) competitors?
Notable peers of COGENT COMMUNICATIONS HOLDINGS INC (CCOI) include Equinix, Digital Realty, CoreWeave, Level 3 Communications / Lumen Technologies and Zayo Group. This peer set is informational only — not financial advice.
Is COGENT COMMUNICATIONS HOLDINGS INC (CCOI) overbought or oversold right now?
COGENT COMMUNICATIONS HOLDINGS INC (CCOI) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 37, in the neutral middle (as of 2026-08-24). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on CCOI come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-24.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.