Added to YB: 2025-11-25
Pitch date: 2025-11-23
CCOI [bullish]
Cogent Communications Holdings, Inc.
+51.03%
current return
Author Info
Compound & Fire shares at least one company deep dive every month. Sign up for the newsletter.
Company Info
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, South America, Europe, Oceania, and Africa.
Market Cap
$1.3B
Pitch Price
$17.42
Price Target
30.00 (+14%)
Dividend
0.30%
EV/EBITDA
16.31
P/E
-6.51
EV/Sales
4.16
Sector
Diversified Telecommunication Services
Category
value
Update On CCOI: A Cogent But Delayed Gratification
CCOI: Deep value at 0.11x NAV ($8.3B assets vs $906M market cap). 180 data centers + 38M IPv4 addresses worth $10.7B. Dividend cut from $1 to $0.02 spooked income funds. Q3 revenue miss but IPv4 leasing +55% YOY. LOI validates $144M for 2 data centers. Edge AI potential for inference computing. Big money bet $1.95M on recovery to $30+.
Read full article (15 min)