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- $512.7MMarket Cap
- -75.98%1-Year Change
- Telecom ServicesIndustry
Cogent Comm Hldg (CCOI)
Key Performance
More- Earnings Score: 46
- Momentum Score: 29
- True Yield: 73
- Financial Health Score: 61
Latest Research & News
Rosen Law Firm has filed a securities class action lawsuit against Cogent Communications Holdings, Inc. (CCOI) on behalf of investors who purchased stock between February 29, 2024 and May 1, 2026. The lawsuit alleges that defendants made materially false statements regarding optical wavelength backlog orders, customer demand, revenue targets, dividend sustainability, and undisclosed risks related to insider stock pledging. The lead plaintiff deadline is September 21, 2026.
08/09/2026, 9:35 PM • GlobeNewswire
A securities fraud class action lawsuit has been filed against Cogent Communications Holdings, Inc. (NASDAQ: CCOI) for allegedly making material misstatements about its optical wavelength services backlog and customer demand. The lawsuit covers the period from February 29, 2024 through May 1, 2026. Cogent's stock dropped 29% on May 4, 2026, following disclosure of wavelength underperformance and customer acceptance delays. Investors have until September 21, 2026 to file for lead plaintiff status.
08/08/2026, 10:35 AM • GlobeNewswire
Rosen Law Firm is seeking lead plaintiffs for a securities class action lawsuit against Cogent Communications Holdings, Inc. (CCOI) on behalf of investors who purchased stock between February 29, 2024 and May 1, 2026. The lawsuit alleges that defendants made materially false statements regarding optical wavelength backlog orders, customer demand, revenue targets, dividend sustainability, and undisclosed risks related to insider stock pledging activities. The lead plaintiff deadline is September 21, 2026.
08/06/2026, 5:44 PM • GlobeNewswire
Cogent Communications Holdings faces a securities class action lawsuit alleging the company materially misrepresented its optical wavelength backlog as an indicator of future revenue growth. The complaint claims the backlog was largely illusory, with customers unable or unwilling to accept delivery. Stock declined approximately 29% after the company revealed a 20% sequential backlog decline, removed 1,500 old orders, and eventually ceased reporting backlog metrics entirely.
08/05/2026, 7:19 PM • GlobeNewswire
Wix.com faces a securities class action lawsuit following a 27% stock price drop in May 2026 after Q1 results revealed a 46% spike in operating expenses. The lawsuit alleges Wix made false statements about its AI initiatives (Base44 and Harmony), overstating their competitiveness and performance while understating associated costs. The company's non-GAAP operating margin collapsed from 21% to 5% due to front-loaded AI compute and marketing expenses. Investors who purchased Wix securities between February 19, 2025 and May 12, 2026 can file claims by the September 22, 2026 deadline.
08/05/2026, 7:15 PM • GlobeNewswire
Cogent Communications Holdings faces a securities class action lawsuit alleging the company materially misrepresented its optical wavelength backlog as an indicator of future revenue growth. The complaint claims the backlog was illusory, with customers unable or unwilling to accept delivery. Stock price declined significantly after the company revealed a 20% sequential backlog decline in February 2025, admitted most funnel opportunities fell out in May 2025, and ceased providing backlog data in February 2026.
08/03/2026, 9:14 PM • GlobeNewswire
Hagens Berman is investigating a securities class action against Hub Group, Inc. for alleged violations including understating costs by $77 million, improper revenue recognition in 2023-2024 reports, and inadequate internal controls. The company's stock declined 18% in February 2026 and 13% in May 2026 following corrective disclosures, wiping out $890 million in market capitalization and prompting the departure of the CFO and COO. The class period runs from April 28, 2023 to May 11, 2026, with a lead plaintiff deadline of August 28, 2026.
08/03/2026, 9:01 PM • GlobeNewswire
Rosen Law Firm is urging investors who purchased Cogent Communications Holdings, Inc. (NASDAQ: CCOI) stock between February 29, 2024 and May 1, 2026 to join a securities class action lawsuit before the September 21, 2026 deadline. The lawsuit alleges that Cogent made materially false statements regarding its optical wavelength backlog, customer demand, revenue targets, dividend sustainability, and undisclosed risks related to insider stock pledging activities.
08/03/2026, 5:46 PM • GlobeNewswire
A securities fraud class action lawsuit has been filed against Cogent Communications Holdings, Inc. (NASDAQ: CCOI) for allegedly making material misstatements about its optical wavelength services backlog and customer demand. The lawsuit covers purchases between February 29, 2024 and May 1, 2026. Cogent's stock dropped 29% on May 4, 2026, following disclosure of wavelength underperformance and customer acceptance delays. The lead plaintiff deadline is September 21, 2026.
08/03/2026, 1:58 PM • GlobeNewswire
Kaplan Fox has filed a class action lawsuit against Cogent Communications Holdings, Inc. (NASDAQ: CCOI) alleging that the company misrepresented demand for optical wavelengths and inflated order backlogs during the Class Period (February 29, 2024 - May 1, 2026). The complaint states that the publicized backlog was largely illusory and did not convert to paying customers. Following CEO David Schaeffer's May 4, 2026 admission that customers were delaying wavelength acceptance, Cogent's stock fell 29% to $16.37 per share. The deadline for investors to serve as lead plaintiffs is September 21, 2026.
07/29/2026, 10:45 AM • GlobeNewswire
A securities fraud class action lawsuit has been filed against Cogent Communications Holdings, Inc. (NASDAQ: CCOI) for allegedly making material misstatements about its optical wavelength services backlog and customer demand. The lawsuit covers investors who purchased CCOI stock between February 29, 2024 and May 1, 2026. The stock declined 29% on May 4, 2026, following disclosure of wavelength underperformance and customer acceptance delays.
07/29/2026, 8:45 AM • GlobeNewswire
A securities class action has been filed against Cogent Communications Holdings, Inc. (CCOI) alleging the company made misleading statements about its dividend sustainability and pledged share risks. CCOI stock declined over 80% and the dividend was cut by 98%, with lenders seizing and selling $82.5 million in pledged stock. Investors who purchased between February 29, 2024 and May 1, 2026 may be eligible to participate in the lawsuit, with a September 21, 2026 deadline for lead plaintiff applications.
07/28/2026, 2:51 PM • GlobeNewswire
Portnoy Law Firm Announces Class Action on Behalf of Cogent Communications Holdings, Inc. Investors
A class action lawsuit has been filed against Cogent Communications Holdings, Inc. on behalf of investors who purchased securities between February 29, 2024 and May 1, 2026. The lawsuit alleges that Cogent made materially false and misleading statements regarding its optical wavelength backlog, customer demand, revenue targets, and financial capacity. The company's stock experienced significant declines following a series of disappointing earnings announcements that revealed inflated backlog figures, weak wavelength revenue growth, and a 98% dividend cut, ending 52 consecutive quarters of dividend increases.
07/28/2026, 10:58 AM • GlobeNewswire
Grabar Law Office has initiated investigations on behalf of shareholders of four NASDAQ-listed companies: Cogent Communications (CCOI), EquipmentShare (EQPT), Photronics (PLAB), and PROCEPT BioRobotics (PRCT). The investigations allege breaches of fiduciary duties, including misrepresentation of business fundamentals, undisclosed related-party transactions, false demand statements, and artificially inflated sales figures. Shareholders who purchased shares before specified dates and still hold them may seek corporate reforms and damages at no cost.
07/27/2026, 1:56 PM • GlobeNewswire
Rosen Law Firm has filed securities class action lawsuits against Cogent Communications Holdings, Futu Holdings Limited, and AeroVironment, Inc. The Cogent lawsuit alleges materially false statements regarding optical wavelength backlog, customer demand, revenue targets, dividend sustainability, and insider stock pledging activities. Investors who purchased shares during specified class periods may be eligible for compensation. Lead plaintiff deadlines and joining instructions are provided.
07/25/2026, 6:38 AM • GlobeNewswire
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MoreInformation as of 08/21/2026
Company Profile
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. It offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. The company also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, it offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, the company operates data centers that allow its customers to collocate their equipment and access the network. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.
Key Executives
- David Schaeffer
- Mark Andrew Harris
- Thaddeus G. Weed
- Jean-Michel F.F Slagmuylder
- John Chang
Current Ownership Distribution
- Institutions867.6M (70.12%)
- Mutual Funds367.0M (29.66%)
- Insiders2.6M (0.21%)
- Other0 (0.00%)