Cogent Communications Holdings Inc

CCOI: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Cogent Earnings: Refinancing Risk Overshadows Weak Operations; Slashing FVE to $4.50 from $17.00

Michael Hodel

Nov 6, 2026

Cogent's results remain extremely disappointing, with revenue down 4.4% year over year and 1.8% sequentially in the third quarter. Cash flow remains negative, even with the T-Mobile payments. The firm has also hired advisors to explore options for its $700 million bond maturing in 2027.

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United States

Cogent Communications Holdings Inc

Cogent Earnings: Refinancing Risk Overshadows Weak Operations; Slashing FVE to $4.50 from $17.00

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