CGO, CA19238T1003

CIBC lowered target for Cogeco stock ahead of October 28 results

Published on 10/28/2026 at 06:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cogeco stock heads into October 28 results after CIBC cut its target on October 8. Third-quarter revenue reached CAD 724.17 million.

Analyst action and operating figures

CIBC lowered its Cogeco target on October 8, 2026.
Third-quarter revenue rose to CAD 724.17 million from CAD 713.04 million.
Cogeco stock last traded at CAD 46.39 on October 27, 2026 at 4:00 p.m. ET on the Toronto Stock Exchange.
Fourth-quarter fiscal 2026 results were scheduled for October 28, 2026.

CGO, CA19238T1003, Illustration mit AI erstellt.

Cogeco (CA19238T1003) had its target lowered by CIBC on October 8, 2026, according to MarketScreener. The analyst action came as Cogeco approached its scheduled fourth-quarter fiscal 2026 results on October 28, 2026.

Target cut meets a results date

The October 8 action is the latest analyst event identified for Cogeco. MarketScreener lists 11 analysts in its consensus table and an average target of CAD 68.23, while its calendar places the earnings release on October 28, 2026.

Cogeco's operating record provides the near-term benchmark. Investing.com lists third-quarter revenue of CAD 724.17 million and net income of minus CAD 405.67 million for the latest reported quarter. The finance statement for the same period shows revenue of CAD 724.17 million, up 1.56 percent from CAD 713.04 million in the second quarter.

What does CAD 724.17 million show?

The revenue increase was modest in sequential terms, but the earnings line was much weaker. Net income moved from CAD 18.96 million in the second quarter to a loss of CAD 405.67 million in the third quarter, making the October results a test of whether the reported loss was repeated.

Three dates frame the update

On July 15, 2026, Cogeco reported third-quarter revenue of CAD 724.17 million. On October 8, 2026, CIBC lowered its target, as reported by MarketScreener. On October 28, 2026, Cogeco was scheduled to publish fourth-quarter fiscal 2026 results, according to finanzen.at. The next substantiated date is October 28, 2026, the results publication date.

Toronto price and valuation context

Cogeco stock last traded at CAD 46.39 on the Toronto Stock Exchange on October 27, 2026 at 4:00 p.m. ET. The 52-week range was CAD 44.21 to CAD 77.04, and the market capitalization was CAD 439.3 million on that date. Finanztrends identifies Cogeco Inc. as a communications and media company operating in Canada and the United States.

The further course of trading is shown by the continuously updated real-time quote of Cogeco stock.