NASDAQ:GOGO

Gogo (GOGO) Stock Price, News & Analysis

$9.02
-0.09 (-0.99%)
(As of 05/3/2024 ET)
Today's Range
$9.01
$9.38
50-Day Range
$8.09
$9.35
52-Week Range
$7.53
$17.94
Volume
987,993 shs
Average Volume
937,738 shs
Market Capitalization
$1.16 billion
P/E Ratio
8.28
Dividend Yield
N/A
Price Target
$15.30

Gogo MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
69.6% Upside
$15.30 Price Target
Short Interest
Bearish
19.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.33mentions of Gogo in the last 14 days
Based on 14 Articles This Week
Insider Trading
Acquiring Shares
$357,779 Bought Last Quarter
Proj. Earnings Growth
72.22%
From $0.36 to $0.62 Per Share

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.

3.57 out of 5 stars

Computer And Technology Sector

1369th out of 3,570 stocks

Communication Services, Not Elsewhere Classified Industry

13th out of 54 stocks

GOGO stock logo

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.

GOGO Stock Price History

GOGO Stock News Headlines

FW: 234x Gain
This coin is an essential building block for an ongoing financial revolution of massive dimensions. As a big part of this revolution, the big banks of the world must connect to the blockchain.
FW: 234x Gain
This coin is an essential building block for an ongoing financial revolution of massive dimensions. As a big part of this revolution, the big banks of the world must connect to the blockchain.
See 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.

Company Calendar

Last Earnings
2/28/2024
Today
5/03/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:GOGO
Fax
N/A
Employees
457
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.30
High Stock Price Target
$22.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+67.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$145.68 million
Pretax Margin
24.55%

Debt

Sales & Book Value

Annual Sales
$397.58 million
Cash Flow
$0.82 per share
Book Value
$0.32 per share

Miscellaneous

Free Float
94,771,000
Market Cap
$1.17 billion
Optionable
Optionable
Beta
1.04
7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

Key Executives

  • Mr. Oakleigh Thorne (Age 66)
    Chairman & CEO
    Comp: $1.05M
  • Mr. Sergio A. Aguirre (Age 60)
    President & COO
    Comp: $606.65k
  • Ms. Jessica G. Betjemann (Age 52)
    Executive VP & CFO
    Comp: $517.51k
  • Ms. Crystal L. Gordon (Age 45)
    Executive VP, General Counsel & Secretary
    Comp: $823.61k
  • Mr. Leigh Goldfine (Age 46)
    VP, Controller & Chief Accounting Officer
  • Mr. William G. Davis Jr. (Age 51)
    Vice President of Investor Relations
  • Ms. Melissa Hale
    Senior Vice President of Product & Marketing
  • Mr. Andrew E. Geist
    Senior Vice President of Business Aviation Solutions
  • Mr. Gustavo Nader
    Chief Strategy Officer
  • Mr. Anand K. Chari (Age 57)
    Strategic Technology Advisor
    Comp: $618.28k

GOGO Stock Analysis - Frequently Asked Questions

Should I buy or sell Gogo stock right now?

4 Wall Street equities research 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 equities research 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 analysts have issued 1-year price targets for Gogo's shares. Their GOGO share price targets range from $11.00 to $22.00. On average, they predict the company's share price to reach $15.30 in the next twelve months. This suggests a possible upside of 69.6% 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 decreased by 11.0% and is now trading at $9.02.
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 Tuesday, May 7th 2024.
View our GOGO earnings forecast
.

How can I listen to Gogo's earnings call?

Gogo will be holding an earnings conference call on Tuesday, May 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Gogo's earnings last quarter?

Gogo Inc. (NASDAQ:GOGO) announced its quarterly earnings data on Wednesday, February, 28th. The technology company reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. The technology company earned $97.81 million during the quarter, compared to analyst estimates of $96.56 million. Gogo had a net margin of 36.64% and a negative trailing twelve-month return on equity of 7,172.73%. Gogo's revenue was down 9.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.21 earnings per share.

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 updated its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $410.0 million-$425.0 million, compared to the consensus revenue estimate of $423.5 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 LB Partners LLC (1.48%), Principal Financial Group Inc. (0.25%), Tealwood Asset Management Inc. (0.10%), GSA Capital Partners LLP (0.09%), Capstone Investment Advisors LLC (0.07%) and New York State Teachers Retirement System (0.03%). 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 5/3/2024 by MarketBeat.com Staff

From Our Partners