Added to YB: 2026-07-29
Pitch date: 2026-07-27
CCOI [bullish]
Cogent Communications Holdings, Inc.
Author Info
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Company Info
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, South America, Europe, Oceania, and Africa.
Market Cap
$567.0M
Pitch Price
N/A
Price Target
54.00
Dividend
0.67%
EV/EBITDA
12.76
P/E
-3.35
EV/Sales
3.47
Sector
Diversified Telecommunication Services
Category
turnaround
Cogent Communications (NASDAQ: CCOI)
CCOI: Down 86% from peak, 7.4x levered on Sprint Wireline missteps. Bull: core Corporate/Net-centric fine (up 9%/28%), Sprint deal net-zero at worst, big upside if Wavelengths scales. Downside ~$30/share fire-sale. FV $54 (base $81); $150 if Wavelengths hits 25% share. Catalysts: 2027 refi, data center/IPv4 sales, delever <4x by '29-30 restarting capital return. Buying at $12.
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