B+
Bull case
20%
Probability
Target price
$13.50
Analysis reference price unavailable
Analysis 2026-08-08 · RankAlpha Sentiment Codex
CCOI
CogentCNasdaq / Telecommunication Services
Last Price
Quote time unavailable
Current thesis
On-net, wavelength, traffic, EBITDA margin, and leverage trends improved in Q2, while asset-sale proceeds and debt repurchases may accelerate balance-sheet repair. The low share price leaves theoretical upside if revenue stabilization follows.
Posture
Mixed
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta -2.4.
What can break
Analyst revisions, consensus comparisons, and verified post-earnings market-reaction attribution are unavailable.
Momentum
3
Value
39
Sentiment
78
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $10.70 · Bull $13.50 · Bear $7.20Analysis 2026-08-08; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-08-08 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-09
Investment thesis
As of 2026-09-09
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $17.36
Why
Momentum3 · Δ7d -0.2
Value39 · Δ7d 0.0
Sentiment78 · Δ7d -2.4
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Confirming evidence
- • Sentiment remains the lead driver in the composite, 7D delta -2.4.
Contradictions & invalidation
- • Analyst revisions, consensus comparisons, and verified post-earnings market-reaction attribution are unavailable.
- • Elevated leverage and dependence on asset sales, refinancing, or further debt repurchases.
- • Total revenue and off-net revenue remain in decline, leverage is still high at 6.23x, and the data-center gain is nonrecurring.
Catalyst clock
2026-08-06
Mixed Q2 operating print with improving network economics
Lead driver: Sentiment · See AI snapshot
Momentum
3
9% active weight
Current posture
7d trendFlat
Δ7d
-0.2
Δ21d
-0.6
Value
39
28% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
+0.2
Sentiment
78
62% active weight
Current posture
7d trendSoftening
Δ7d
-2.4
Δ21d
+8.7
Why this grade
Composite grade C. Momentum 2.9 / Value 39.0 / Sentiment 77.5
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-08-08. Scenario method
Most likely
B
Base case
55%
Probability
Target price
$10.70
Analysis reference price unavailable
Analysis 2026-08-08 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$7.20
Analysis reference price unavailable
Analysis 2026-08-08 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$550.57M
Beta
0.79
Shares Out
51.22M
P/E (TTM) · Derived
-2.8
P/S (TTM)
0.97
P/FCF (TTM) · Derived
-2.60
Rev YoY
-4.3%
EPS YoY
-213.3%
Gross Margin
+22.7%
Op Margin
-6.6%
Net Debt
$2.46B
Current Ratio
0.63
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data