BofA cuts target to USD 9.50 for Cogent Communications stock
Published on 10/15/2026 at 22:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst valuation and reporting date
- Bank of America Securities cut its Cogent target from USD 11.50 to USD 9.50 on October 14, 2026.
- Cogent will release third-quarter 2026 results on November 5, 2026.
- Cogent Communications stock costs EUR 7.43 at Lang & Schwarz on October 15, 2026 at 9:51 p.m. CEST.
- Cogent had a USD 426.6 million market capitalization and a minus 4.65 P/E on October 15, 2026.
Bank of America Securities cut its price target for Cogent Communications from USD 11.50 to USD 9.50 on October 14, 2026, while keeping an Underperform rating, according to Markets Insider. Against the Nasdaq price of USD 8.33 on October 15, 2026, the new target stood 14.05 percent higher. Cogent Communications stock was trading at EUR 7.43 at Lang & Schwarz on October 15, 2026 at 9:51 p.m. CEST.
Analyst target and earnings date
The target revision puts the next company milestone in view. Cogent will release its third-quarter 2026 operating results at 7:00 a.m. ET on November 5, 2026 and host its earnings call at 8:30 a.m. ET, according to Yahoo Finance. The date gives investors a defined checkpoint for the wavelength business and the integration of Cogent's network assets.
Yearly range spans USD 7.13 to USD 45.69
Cogent's 52-week range ran from USD 7.13 to USD 45.69 on October 15, 2026. The Nasdaq quote of USD 8.33 sat 17.02 percent above the low and 81.77 percent below the high. Trading volume reached 1,117,481 shares, compared with an average of 1,875,478 shares, a 40.42 percent shortfall.
Valuation and November date
Cogent carried a market capitalization of USD 426.6 million, a trailing P/E of minus 4.65 and a dividend yield of 0.01 percent on October 15, 2026. The company describes its business as high-speed Internet access, private networking and colocation across more than 308 markets in 58 countries. Its profile includes enterprise, carrier and content-provider connectivity.
Comparison with peers
CCOI (Nasdaq, USD): plus 7.90 percent, P/E minus 4.65, market capitalization USD 426.6 million
Lumen Technologies (NYSE, USD): plus 6.92 percent, P/E minus 4.77, market capitalization USD 5.0 billion
Verizon Communications (NYSE, USD): minus 0.01 percent, P/E 11.56, market capitalization USD 184.5 billion
Euro quote after the US session
Cogent Communications stock was trading at EUR 7.43 at Lang & Schwarz on October 15, 2026 at 9:51 p.m. CEST. The Nasdaq listing was at USD 8.33 at 3:59 p.m. ET on the same date.
The further course of trading is shown by the continuously updated real-time quote of Cogent Communications stock.
Cogent Communications market data
- Company: Cogent Communications Holdings, Inc.
- ISIN: US19239V3024
- Ticker: CCOI
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 15, 2026, 9:51 p.m. CEST): EUR 7.43
- Market capitalization: USD 426.6 million (as of October 15, 2026)
- 52-week range: USD 7.13-45.69 (as of October 15, 2026)
- Sector / Industry: Communication Services / Telecommunications Services
- Next earnings date: November 5, 2026
Market context: Market report Nasdaq Composite.
