Cogent Communications (CCOI) to Announce Earnings on Thursday

Cogent Communications (NASDAQ:CCOI) will likely be releasing its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of ($0.9967) per share and revenue of $239.7090 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 8:30 AM ET.

Cogent Communications (NASDAQ:CCOI) last announced its quarterly earnings results on Monday, May 4th. The technology company reported ($0.83) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.03) by $0.20. Cogent Communications had a negative net margin of 17.53% and a negative return on equity of 842.48%. The firm had revenue of $239.19 million for the quarter, compared to the consensus estimate of $241.31 million. During the same period in the prior year, the firm posted ($1.09) earnings per share. The company’s revenue for the quarter was down 3.2% on a year-over-year basis. On average, analysts expect Cogent Communications to post $-4 EPS for the current fiscal year and $-3 EPS for the next fiscal year.

Cogent Communications Trading Down 2.0%

CCOI stock opened at $13.23 on Tuesday. The firm has a 50 day moving average of $14.33 and a 200-day moving average of $18.86. The firm has a market capitalization of $662.56 million, a P/E ratio of -3.73 and a beta of 0.80. Cogent Communications has a 12 month low of $10.93 and a 12 month high of $45.82.

Insider Buying and Selling

In other Cogent Communications news, VP Henry W. Kilmer sold 2,400 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $17.01, for a total transaction of $40,824.00. Following the completion of the sale, the vice president owned 38,600 shares of the company’s stock, valued at $656,586. This represents a 5.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Thaddeus Gerard Weed sold 4,850 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $16.79, for a total value of $81,431.50. Following the completion of the sale, the chief financial officer directly owned 197,900 shares in the company, valued at $3,322,741. The trade was a 2.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 4.20% of the company’s stock.

Institutional Trading of Cogent Communications

Several large investors have recently added to or reduced their stakes in the stock. Police & Firemen s Retirement System of New Jersey boosted its position in shares of Cogent Communications by 9.2% during the fourth quarter. Police & Firemen s Retirement System of New Jersey now owns 13,586 shares of the technology company’s stock valued at $293,000 after purchasing an additional 1,139 shares in the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Cogent Communications during the 4th quarter valued at $225,000. iSAM Funds UK Ltd purchased a new stake in shares of Cogent Communications in the 3rd quarter worth about $302,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Cogent Communications in the 3rd quarter worth about $330,000. Finally, Jefferies Financial Group Inc. bought a new position in shares of Cogent Communications in the 3rd quarter worth about $233,000. Institutional investors own 92.45% of the company’s stock.

More Cogent Communications News

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

• Negative Sentiment: Multiple law firms announced or promoted a securities class action alleging that Cogent and certain executives misled investors about customer demand for its optical wavelength services, the quality of its reported wavelength backlog, and the company’s ability to meet financial objectives and continue paying its dividend. The allegations have intensified scrutiny of Cogent’s growth prospects. CCOI Stock Drop: Cogent Wavelength Business Issues Lead to 56% Stock Drop and Securities Fraud Class Action for Investors
• Negative Sentiment: The lawsuits reference sharp prior stock declines—reported at roughly 29% to 56%—after investors questioned whether the wavelength backlog represented genuine, realizable demand. Any resulting litigation could create legal costs, potential financial liabilities, and reputational damage. Cogent Communications Holdings Faces Securities Class Action Scrutinizing Wavelength Backlog
• Neutral Sentiment: The investor actions cover shareholders who purchased Cogent stock from February 29, 2024, through May 1, 2026. September 21, 2026 is the deadline to seek appointment as lead plaintiff; the announcements are largely solicitations for investors and do not establish that Cogent violated securities laws. CCOI Investors Have Opportunity to Lead Cogent Communications Holdings Securities Fraud Lawsuit
• Negative Sentiment: The legal overhang arrives as Cogent’s latest reported quarter showed revenue of $239.2 million, below the $241.3 million consensus estimate, with revenue down 3.2% year over year and a loss of $0.83 per share. This combination of operating weakness and litigation uncertainty is weighing on investor confidence. Cogent Communications Trading Information

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $22.00 target price on shares of Cogent Communications in a research note on Friday, May 29th. Weiss Ratings lowered shares of Cogent Communications from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, May 20th. Wall Street Zen raised shares of Cogent Communications from a “strong sell” rating to a “sell” rating in a report on Saturday, June 27th. Citigroup lowered their price objective on Cogent Communications from $22.00 to $20.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. Finally, Royal Bank Of Canada dropped their price objective on Cogent Communications from $22.00 to $18.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 6th. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $24.90.

Cogent Communications Company Profile

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.