Weekly Analysts’ Ratings Updates for Cogent Communications (CCOI)

by · The Cerbat Gem

Cogent Communications (NASDAQ: CCOI) has recently received a number of price target changes and ratings updates:

  • 5/7/2026 – Cogent Communications had its price target lowered by Wells Fargo & Company from $23.00 to $18.00. They now have an “equal weight” rating on the stock.
  • 5/6/2026 – Cogent Communications was upgraded by Weiss Ratings from “sell (e+)” to “sell (d+)”.
  • 5/6/2026 – Cogent Communications had its price target lowered by Royal Bank Of Canada from $22.00 to $18.00. They now have a “sector perform” rating on the stock.
  • 5/5/2026 – Cogent Communications had its price target lowered by TD Cowen from $40.00 to $34.00. They now have a “buy” rating on the stock.
  • 5/5/2026 – Cogent Communications had its price target lowered by UBS Group AG from $21.00 to $17.00. They now have a “neutral” rating on the stock.
  • 5/5/2026 – Cogent Communications had its “neutral” rating reaffirmed by JPMorgan Chase & Co.. They now have a $22.00 price target on the stock, down from $23.00.
  • 4/26/2026 – Cogent Communications was upgraded by Wall Street Zen from “strong sell” to “sell”.
  • 4/22/2026 – Cogent Communications was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
  • 4/18/2026 – Cogent Communications was downgraded by Wall Street Zen from “sell” to “strong sell”.

Cogent Communications Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, May 18th will be paid a $0.02 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $0.08 dividend on an annualized basis and a yield of 0.5%. Cogent Communications’s dividend payout ratio (DPR) is presently -2.25%.

Insiders Place Their Bets

In related news, VP Henry W. Kilmer sold 2,400 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $23.35, for a total value of $56,040.00. Following the completion of the sale, the vice president owned 41,000 shares of the company’s stock, valued at $957,350. This trade represents a 5.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Sheryl Lynn Kennedy sold 3,300 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $22.99, for a total value of $75,867.00. Following the completion of the sale, the director directly owned 10,100 shares of the company’s stock, valued at $232,199. The trade was a 24.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 12,756 shares of company stock worth $292,467. Insiders own 4.20% of the company’s stock.

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.

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