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Tucows Inc. (TCX)

Upturn stock ratingUpturn stock rating
$19.71
Last Close (24-hour delay)
Profit since last BUY7.41%
upturn advisory
Consider higher Upturn Star rating
BUY since 31 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

06/30/2025: TCX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $150.01

1 Year Target Price $150.01

Analysts Price Target For last 52 week
$150.01Target price
Low$
Current$19.71
high$

Analysis of Past Performance

Type Stock
Historic Profit -10.65%
Avg. Invested days 24
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 215.39M USD
Price to earnings Ratio -
1Y Target Price 150.01
Price to earnings Ratio -
1Y Target Price 150.01
Volume (30-day avg) -
Beta 0.84
52 Weeks Range 13.27 - 26.48
Updated Date 06/29/2025
52 Weeks Range 13.27 - 26.48
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -8.97

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -26.67%
Operating Margin (TTM) -2.15%

Management Effectiveness

Return on Assets (TTM) -1.68%
Return on Equity (TTM) -1011.58%

Valuation

Trailing PE -
Forward PE 29.15
Enterprise Value 693090255
Price to Sales(TTM) 0.58
Enterprise Value 693090255
Price to Sales(TTM) 0.58
Enterprise Value to Revenue 1.88
Enterprise Value to EBITDA 62.04
Shares Outstanding 11057100
Shares Floating 7791173
Shares Outstanding 11057100
Shares Floating 7791173
Percent Insiders 20.72
Percent Institutions 66.82

Analyst Ratings

Rating -
Target Price 150.01
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Tucows Inc.

stock logo

Company Overview

overview logo History and Background

Tucows Inc. was founded in 1993 as a software download site. It evolved into a provider of internet services, domain name registration, and fiber internet.

business area logo Core Business Areas

  • Domain Services: Provides domain name registration and related services through OpenSRS and Enom.
  • Network Access Services: Delivers fiber internet service primarily through Ting Internet.
  • Mobile Services: Provides mobile service for MVNOs as well as resells mobile phones.

leadership logo Leadership and Structure

Elliot Noss is the President and CEO. The company has a board of directors and operates with a divisional structure.

Top Products and Market Share

overview logo Key Offerings

  • Domain Name Registration (OpenSRS/Enom): Wholesale domain registration services offered to resellers. Competitors include GoDaddy (GDDY), Namecheap, and Verisign (VRSN). Market share is significant within the reseller market, but specifics are proprietary. The business generates the majority of Tucows' revenue. Competitors: GoDaddy (GDDY), Namecheap, Endurance International Group (EIGI).
  • Ting Internet: Fiber internet service provided directly to consumers in select markets. Competitors include Comcast (CMCSA), Verizon (VZ), and local ISPs. The number of subscribers and revenue are steadily increasing as the company expands its fiber network. Competitors: Comcast (CMCSA), Verizon (VZ).
  • Mobile Services: Mobile services provided to MVNO customers (Mobile Virtual Network Operators). Competitors: Verizon (VZ), T-Mobile (TMUS), AT&T (T).

Market Dynamics

industry overview logo Industry Overview

The internet services industry is competitive and constantly evolving, with increasing demand for high-speed internet and secure domain name services.

Positioning

Tucows positions itself as a provider of niche internet services, focusing on wholesale domain registration and fiber internet in underserved markets. Their competitive advantage is its established reseller network and focus on customer service.

Total Addressable Market (TAM)

The total addressable market for domain registration and fiber internet is estimated to be in the hundreds of billions of dollars. Tucows is positioned to capture a small but growing share of this TAM.

Upturn SWOT Analysis

Strengths

  • Established reseller network (OpenSRS/Enom)
  • Growing fiber internet business (Ting Internet)
  • Strong focus on customer service
  • Diversified revenue streams

Weaknesses

  • Relatively small size compared to major competitors
  • High capital expenditure for fiber internet expansion
  • Dependence on wholesale partnerships
  • Limited brand recognition with consumers

Opportunities

  • Expanding fiber internet to new markets
  • Acquiring smaller ISPs or domain registrars
  • Developing new value-added services for resellers
  • Growing MVNO services.

Threats

  • Increased competition from larger players
  • Technological advancements disrupting the industry
  • Regulatory changes affecting domain registration or internet access
  • Economic downturn impacting consumer spending

Competitors and Market Share

competitor logo Key Competitors

  • GDDY
  • VRSN
  • CMCSA
  • VZ

Competitive Landscape

Tucows faces intense competition from larger, more established players. Its strengths lie in its specialized services and customer focus, while its weaknesses include its smaller size and limited brand recognition.

Major Acquisitions

AlwaysOn Network Inc.

  • Year: 2020
  • Acquisition Price (USD millions): 8.5
  • Strategic Rationale: Expansion of Ting Internet fiber footprint.

Growth Trajectory and Initiatives

Historical Growth: Tucows has experienced steady growth driven by its domain services and expanding fiber internet business.

Future Projections: Analysts project continued growth for Tucows, driven by Ting Internet expansion and strategic acquisitions. Consult analyst reports for precise estimates.

Recent Initiatives: Recent initiatives include expanding Ting Internet to new cities, acquiring smaller internet service providers, and enhancing its domain registration platform.

Summary

Tucows is a diversified internet services company with strengths in domain registration and fiber internet. Ting Internet's expansion presents a growth opportunity, while increased competition poses a threat. The company needs to continue innovating and expanding its reach to maintain its growth trajectory. While smaller than many competitors, their focus on specific niches and strong wholesale network is advantageous.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market share data is based on estimates and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Tucows Inc.

Exchange NASDAQ
Headquaters Toronto, ON, Canada
IPO Launch date 1996-04-29
President, CEO & Director Mr. Elliot Noss
Sector Technology
Industry Software - Infrastructure
Full time employees 765
Full time employees 765

Tucows Inc. provides domain name registration, email, and other internet related services in North America and Europe. It operates through three segments: Ting, Wavelo, and Tucows Domains. The Ting segment provides gigabit fiber and fixed wireless internet services. The Wavelo segment offers full-service platforms and professional services that support communication services providers, including subscription and billing management, network orchestration and provisioning, and individual developer tools, as well as billing solutions to internet services providers under the Platypus brand. The Tucows Domains segment provides wholesale and retail domain name registration services under the OpenSRS, eNom, Ascio, EPAG, and Hover brands, as well as value added services, such as hosted email, internet security services, WHOIS privacy, publishing tools, and other value-added services. The company offers its services primarily through an internet-based distribution network of internet service providers, web hosting companies, and other providers of internet services to end-users. Tucows Inc. was founded in 1992 and is headquartered in Toronto, Canada.