Stock analysis · Bull Rankings model

CCOI analysis

Cogent Communications Holdings IncTelecommunication. Scored on the same transparent 7-signal model behind the daily rankings.

CCOI
Cogent Communications Holdings Inc · Telecommunication
FCF-$208mF
Rev-4.8%D+
D/E8.88F
P/S1.0xA-
PEG
46Score
$21.62
1Y Target$29.19Near-term target
5Y Target$43.49Compound horizon
10Y Target$113.16Long-dated conviction
FCF-$208mTTM · 03/26
F
FCF is negative (-$208m) — cash-burning phase; acceptable only for pre-profit spec names · TTM computed from 4 most-recent quarters (TTM · 03/26).
Rev-4.8%TTM YoY
D+
Revenue -4.8% — shrinking; needs a catalyst to reverse · TTM YoY from trailing-4-quarter revenue sum vs prior 4 quarters.
D/E8.88
F
D/E 8.88 — extreme leverage (may reflect buyback-driven equity depletion; verify FCF strength)
P/S1.0x
A-
P/S 1.0x — cheap for any tech/growth name
PEGproxy
PEG not meaningful — earnings growth negative or data unavailable · PEG proxy: P/E ÷ revenue growth % (true PEG requires forward EPS estimates, not in Finnhub free tier).
Why now
Telecommunication · market cap $1000m. Down 60% from 52-week high of $54.37 — deep drawdown territory.
Moat
Speculative bucket — the moat thesis is forward-looking; without proven margin structure or capital efficiency yet, the durability argument is about IP / network effects / first-mover position that the company hasn't fully monetized.
Risk
D/E 8.88 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Free cash flow is negative (-$208m) — capital raises or debt issuance likely required; dilution / leverage risk. Currently unprofitable (margin -17.5%) — path to GAAP profitability is the core thesis risk.
Horizon
1-3 yr $29.19 (structural (no analyst coverage)) — catalyst-driven; binary events dominate. 5 yr $43.49 — requires the platform / technology to reach commercial scale. 10 yr $113.16 — return distribution heavily skewed.
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Shares to buy
92
Position size
$1,989
4.0% of portfolio
Stop price
$16.21
25% below $21.62
$ at risk
$500.00
1% of portfolio

Math only — share count is floor(portfolio × risk% ÷ (price × stop%)). Doesn't account for commissions, slippage, gap risk, or position-correlation across your book. Inputs persist locally; never sent to the server. Not investment advice.

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