NASDAQ:GOGO Gogo (GOGO) Stock Price, News & Analysis → [URGENT] DO NOT Touch These AI Stocks! (From Weiss Ratings) (Ad) Free GOGO Stock Alerts $10.20 +0.43 (+4.40%) (As of 05/9/2024 ET) Add Compare Share Share Today's Range$9.73▼$10.2850-Day Range$8.09▼$10.0052-Week Range$7.53▼$17.94Volume941,968 shsAverage Volume962,135 shsMarket Capitalization$1.31 billionP/E Ratio9.36Dividend YieldN/APrice Target$15.30 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Gogo alerts: Email Address Gogo MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside50.0% Upside$15.30 Price TargetShort InterestBearish19.50% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.52Based on 11 Articles This WeekInsider TradingAcquiring Shares$357,779 Bought Last QuarterProj. Earnings Growth72.22%From $0.36 to $0.62 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.73 out of 5 starsComputer And Technology Sector227th out of 593 stocksCommunication Services, Not Elsewhere Classified Industry3rd out of 11 stocks 3.3 Analyst's Opinion Consensus RatingGogo has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageGogo has only been the subject of 2 research reports in the past 90 days.Read more about Gogo's stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted19.50% of the float of Gogo has been sold short.Short Interest Ratio / Days to CoverGogo has a short interest ratio ("days to cover") of 12.9, which indicates bearish sentiment.Change versus previous monthShort interest in Gogo has recently increased by 0.94%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldGogo does not currently pay a dividend.Dividend GrowthGogo does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GOGO. Previous Next 2.5 News and Social Media Coverage News SentimentGogo has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Gogo this week, compared to 8 articles on an average week.Search InterestOnly 2 people have searched for GOGO on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gogo insiders have bought more of their company's stock than they have sold. Specifically, they have bought $357,779.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders26.00% of the stock of Gogo is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions69.60% of the stock of Gogo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Gogo's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Gogo are expected to grow by 72.22% in the coming year, from $0.36 to $0.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gogo is 9.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.94.Price to Earnings Ratio vs. SectorThe P/E ratio of Gogo is 9.36, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 247.99.Price to Book Value per Share RatioGogo has a P/B Ratio of 31.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Gogo's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …Click here to see the presentation now. About Gogo Stock (NASDAQ:GOGO)Gogo Inc., together with its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company's product platform includes networks, antennas, and airborne equipment and software. It offers in-flight systems; in-flight services; aviation partner support; and engineering, design, and development services, as well as production operations functions. The company offers voice and data, in-flight entertainment, and other services. In addition, it engages in the development, deployment, and operation of networks, towers, and data center infrastructure to support in-flight connectivity services, as well as in the provision of telecommunications connections to the internet. The company sells its products primarily to aircraft operators and original equipment manufacturers of business aviation aircraft through a distribution network of independent dealers. Gogo Inc. was founded in 1991 and is headquartered in Broomfield, Colorado. As of May 2024, Gogo Inc. claims that "Gogo is the only company in North America with a complete, certified airborne 5G network, meaning that all components within the network (including onboard equipment) are 5G native."Read More GOGO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GOGO Stock News HeadlinesMay 8, 2024 | finance.yahoo.comGogo Inc. (NASDAQ:GOGO) Q1 2024 Earnings Call TranscriptMay 8, 2024 | finance.yahoo.comGogo Inc (GOGO) Q1 2024 Earnings Call Transcript Highlights: Strong Financial Performance ...May 9, 2024 | Crypto 101 Media (Ad)The Crypto 9-5 Escape PlanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.May 7, 2024 | sfgate.comGogo: Q1 Earnings SnapshotMay 7, 2024 | markets.businessinsider.comGogo Inc. Q1 Income Advances, Beats estimatesMay 7, 2024 | prnewswire.comGogo Announces First Quarter ResultsMay 6, 2024 | msn.comRadhikka Madan's 29th Birthday Bash: A Bollywood-themed party with a crime master gogo twistMay 6, 2024 | msn.comGogo Afraid of Dog Touching Her Leaves SA Laughing: “She’s So Sassy”May 9, 2024 | Crypto 101 Media (Ad)The Crypto 9-5 Escape PlanA brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.May 5, 2024 | americanbankingnews.comGogo (GOGO) Set to Announce Quarterly Earnings on TuesdayMay 2, 2024 | msn.comList of top grocery deals valid May 1-7May 2, 2024 | msn.comFive Easy Ways to Style a Striped Sweater Right NowMay 1, 2024 | msn.comMakers of the Bengali film 'Athhoi' drop teaser todayApril 30, 2024 | msn.comMadala Having the Time of His Life at Funeral, SA Defeated: “I Give Him My Invitation to My Funeral”April 30, 2024 | msn.comService delivery? Shock as ANC officials help gogo wash clothesApril 30, 2024 | msn.comLoving Grandmother Gives Granddaughter Her Last KSh 350 to Go Do Her Hair, Act Touches NetizensApril 30, 2024 | msn.comThe last of her money: Gogo's sacrifice for granddaughter's hair touches Mzansi's heartsApril 30, 2024 | msn.comKhayakazi Kula and Abdul Khoza Among SA Celebs Scouting for New Talent: “They Are Passionate Actors”April 30, 2024 | msn.comWatch German pop duo Cindy & Bert perform a Sherlock Holmes-themed version of Black Sabbath's Paranoid with a cute dog in 1971April 30, 2024 | yahoo.com12 photos exploring the lives of Thailand’s Ladyboy communityApril 29, 2024 | msn.comHere's real reason why Khayakazi Kula and Abdul Khoza were among SA stars scouting for new talentApril 27, 2024 | msn.comKeep up with the Week 5 action on the lohud Boys Lacrosse ScoreboardApril 27, 2024 | bbc.co.uk1Xtra's Pre-Party Show with DJ Target - Classic Dancehall Focus Mix - Classic Dancehall Focus Mix - BBC SoundsApril 23, 2024 | msn.comThis is how DBN Gogo's conversation with Rick Ross wentApril 22, 2024 | forbes.comMother’s Day Gift Guide 2024: The Best Beauty Tools For Traveling MomsApril 22, 2024 | msn.comTake a look at Dbn Gogo's viral dance video that got her body shamed by trollsApril 22, 2024 | msn.comYour Zodiac Sign, Explained: What It Means for Your Personality and Who You're Compatible WithSee More Headlines Receive GOGO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gogo and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/28/2024Today5/09/2024Next Earnings (Estimated)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Communication services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:GOGO Previous SymbolNASDAQ:GOGO CUSIPN/A CIK1537054 Webwww.gogoair.com Phone(303) 301-3271FaxN/AEmployees457Year FoundedN/APrice Target and Rating Average Stock Price Target$15.30 High Stock Price Target$22.00 Low Stock Price Target$11.00 Potential Upside/Downside+56.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.17 Trailing P/E Ratio8.95 Forward P/E Ratio27.11 P/E GrowthN/ANet Income$145.68 million Net Margins36.64% Pretax Margin24.55% Return on Equity-7,172.73% Return on Assets10.96% Debt Debt-to-Equity Ratio14.43 Current Ratio4.37 Quick Ratio3.49 Sales & Book Value Annual Sales$397.58 million Price / Sales3.14 Cash Flow$0.88 per share Price / Cash Flow11.10 Book Value$0.32 per share Price / Book30.50Miscellaneous Outstanding Shares128,069,000Free Float94,771,000Market Cap$1.25 billion OptionableOptionable Beta1.04 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Oakleigh Thorne (Age 66)Chairman & CEO Comp: $1.05MMr. Sergio A. Aguirre (Age 60)President & COO Comp: $606.65kMs. Jessica G. Betjemann (Age 52)Executive VP & CFO Comp: $517.51kMs. Crystal L. Gordon (Age 45)Executive VP, General Counsel & Secretary Comp: $823.61kMr. Leigh Goldfine (Age 46)VP, Controller & Chief Accounting Officer Mr. William G. Davis Jr. (Age 51)Vice President of Investor Relations Ms. Melissa HaleSenior Vice President of Product & MarketingMr. Andrew E. GeistSenior Vice President of Business Aviation SolutionsMr. Gustavo NaderChief Strategy OfficerMr. Anand K. Chari (Age 57)Strategic Technology Advisor Comp: $618.28kMore ExecutivesKey CompetitorsORBCOMMNASDAQ:ORBCBoingo WirelessNASDAQ:WIFIAST SpaceMobileNASDAQ:ASTSCalixNYSE:CALXViasatNASDAQ:VSATView All CompetitorsInsiders & InstitutionsState Board of Administration of Florida Retirement SystemBought 2,390 shares on 5/9/2024Ownership: 0.017%William Blair Investment Management LLCBought 15,559 shares on 5/8/2024Ownership: 1.500%Illinois Municipal Retirement FundSold 2,849 shares on 5/7/2024Ownership: 0.025%GSA Capital Partners LLPBought 61,060 shares on 5/3/2024Ownership: 0.094%LB Partners LLCBought 448,918 shares on 5/2/2024Ownership: 1.480%View All Insider TransactionsView All Institutional Transactions GOGO Stock Analysis - Frequently Asked Questions Should I buy or sell Gogo stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GOGO shares. View GOGO analyst ratings or view top-rated stocks. What is Gogo's stock price target for 2024? 4 equities research analysts have issued 12-month target prices for Gogo's shares. Their GOGO share price targets range from $11.00 to $22.00. On average, they anticipate the company's share price to reach $15.30 in the next year. This suggests a possible upside of 50.0% from the stock's current price. View analysts price targets for GOGO or view top-rated stocks among Wall Street analysts. How have GOGO shares performed in 2024? Gogo's stock was trading at $10.13 at the start of the year. Since then, GOGO stock has increased by 0.7% and is now trading at $10.20. View the best growth stocks for 2024 here. When is Gogo's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024. View our GOGO earnings forecast. How were Gogo's earnings last quarter? Gogo Inc. (NASDAQ:GOGO) released its earnings results on Wednesday, February, 28th. The technology company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. The technology company earned $97.81 million during the quarter, compared to analysts' expectations of $96.56 million. Gogo had a negative trailing twelve-month return on equity of 7,172.73% and a net margin of 36.64%. Gogo's revenue for the quarter was down 9.6% on a year-over-year basis. During the same quarter last year, the company earned $0.21 EPS. What ETFs hold Gogo's stock? ETFs with the largest weight of Gogo (NASDAQ:GOGO) stock in their portfolio include Roundhill IO Digital Infrastructure ETF (BYTE) and SPDR S&P Telecom ETF (XTL).Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU). What guidance has Gogo issued on next quarter's earnings? Gogo issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $410.0 million-$425.0 million, compared to the consensus revenue estimate of $416.3 million. What is Oakleigh Thorne's approval rating as Gogo's CEO? 32 employees have rated Gogo Chief Executive Officer Oakleigh Thorne on Glassdoor.com. Oakleigh Thorne has an approval rating of 82% among the company's employees. What other stocks do shareholders of Gogo own? Based on aggregate information from My MarketBeat watchlists, some companies that other Gogo investors own include Xtrackers California Municipal Bond ETF (CA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Tesla (TSLA), Endologix (ELGX), Chipotle Mexican Grill (CMG), BlackRock (BLK), Twitter (TWTR) and Intel (INTC). Who are Gogo's major shareholders? Gogo's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include William Blair Investment Management LLC (1.50%), LB Partners LLC (1.48%), Principal Financial Group Inc. (0.25%), Tealwood Asset Management Inc. (0.10%), GSA Capital Partners LLP (0.09%) and Capstone Investment Advisors LLC (0.07%). Insiders that own company stock include Charles C Townsend, Harris N Williams, Jessica Betjemann, Karen Jackson, Marguerite M Elias, Michael P Bayer and Robert L Crandall. View institutional ownership trends. How do I buy shares of Gogo? Shares of GOGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:GOGO) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsDems have chosen Biden replacement?Paradigm PressThe A.I. story nobody is telling you (Read ASAP)TradeSmithTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeThe Crypto 9-5 Escape PlanCrypto 101 MediaUrgent Nvidia WarningAltimetryThe “Next Bitcoin”? 10 CENT Crypto Set to ExplodeTrue Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Gogo Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
