Should I buy or sell Gogo stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 1 year target prices for Gogo's stock. Their GOGO share price targets range from $11.00 to $22.00. On average, they predict the company's stock price to reach $15.30 in the next twelve months. This suggests a possible upside of 80.6% 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 beginning of the year. Since then, GOGO shares have decreased by 16.4% and is now trading at $8.47. 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 Wednesday, May 1st 2024. View our GOGO earnings forecast .

How were Gogo's earnings last quarter?

Gogo Inc. (NASDAQ:GOGO) issued its quarterly earnings data on Wednesday, February, 28th. The technology company reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11. The technology company had revenue of $97.81 million for the quarter, compared to analysts' expectations 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 company posted $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, February, 28th. The company provided earnings per share (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 institutional and retail investors. Top institutional investors include Tealwood Asset Management Inc. (0.10%). 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 .

NASDAQ:GOGO

Gogo (GOGO) Stock Price, News & Analysis

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$8.47

+0.23 (+2.79%)

(As of 11:04 AM ET)

Compare

Today's Range: $8.31
▼
$8.47
50-Day Range: $8.09
▼
$10.15
52-Week Range: $7.53
▼
$17.94

Volume: 75,750 shs
Average Volume: 930,631 shs
Market Capitalization: $1.08 billion

P/E Ratio: 7.77
Dividend Yield: N/A
Price Target: $15.30

Get Gogo alerts:

Gogo MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 80.6% Upside
$15.30 Price Target
Short Interest: Bearish
19.19% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.18
Based on 12 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.

3.52 out of 5 stars

Computer And Technology Sector

222nd out of 584 stocks

Communication Services, Not Elsewhere Classified Industry

2nd out of 8 stocks

3.3

Analyst's Opinion

Consensus Rating
Gogo 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 Coverage
Gogo has only been the subject of 2 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
19.19% of the float of Gogo has been sold short.
Short Interest Ratio / Days to Cover
Gogo has a short interest ratio ("days to cover") of 12.1, which indicates bearish sentiment.
Change versus previous month
Short interest in Gogo has recently increased by 2.19%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Gogo does not currently pay a dividend.
Dividend Growth
Gogo does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GOGO.

2.3

News and Social Media Coverage

News Sentiment
Gogo has a news sentiment score of 0.18. 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 lower news sentiment than the 0.48 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Gogo this week, compared to 8 articles on an average week.
Search Interest
7 people have searched for GOGO on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.

5.0

Company Ownership

Insider Buying vs. Insider Selling
In 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 Insiders
26.00% 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 Institutions
69.60% of the stock of Gogo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings 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 Market
The P/E ratio of Gogo is 7.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gogo is 7.77, 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 224.54.
Price to Book Value per Share Ratio
Gogo has a P/B Ratio of 26.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

GOGO Stock News Headlines

March 19, 2024 | insidertrades.com

Insider Buying: Gogo Inc. (NASDAQ:GOGO) Director Acquires 28,857 Shares of Stock

April 18, 2024 | prnewswire.com

Gogo Inc. to Report First Quarter 2024 Financial Results on May 7, 2024

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Gogo (NASDAQ:GOGO) Hits New 1-Year Low on Analyst Downgrade

April 17, 2024 | finance.yahoo.com

GoGo squeeZ® Shows Off Older, More Active Side with New GoGo squeeZ® Active Fruit Blend with Electrolytes

April 17, 2024 | msn.com

The Gogo Skhotheni effect: Watch moment fan cries uncontrollably during her set

April 17, 2024 | americanbankingnews.com

Gogo (NASDAQ:GOGO) Price Target Lowered to $12.00 at Morgan Stanley

April 15, 2024 | msn.com

KFC craving reigns supreme: Watch gogo hilariously reject samoosas in viral TikTok

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April 11, 2024 | msn.com

Gogo Skhotheni Talks About Isidliso and Tightening Relationships, SA Reacts: “This Is Witchcraft”

April 11, 2024 | msn.com

See how this Mzansi gogo burst into a touching praise after receiving a new bed in viral video

April 9, 2024 | finanznachrichten.de

Gogo Business Aviation: Gogo Secures FCC Regulatory Approval for Gogo Galileo Terminals

April 9, 2024 | msn.com

Gogo rises as Galileo antenna terminals win FCC approval

April 9, 2024 | prnewswire.com

Gogo Secures FCC Regulatory Approval for Gogo Galileo Terminals

April 8, 2024 | msn.com

Gogo Skhotheni and Husband Monde Shange Reportedly Rekindle Love After Months-Long Separation

April 8, 2024 | msn.com

Gogo Skhotheni admits to practicing witchcraft as she turns to God

April 8, 2024 | msn.com

Did Gogo Maweni say bad things about Gogo Skhotheni's sick child? Take a look at her leaked video

April 8, 2024 | msn.com

Here's the latest about Gogo Skhotheni and her husband

April 7, 2024 | msn.com

Gogo Skhotheni and husband Monde Shange have rekindled their love

April 6, 2024 | msn.com

Willis Raburu's Show Wabebe Experience Taken Off Air at TV47: "We'll Be Back"

April 4, 2024 | msn.com

Snake spotted at Nosiviwe Mapisa-Nqakula’s house: Sangoma talks significance [watch]

April 3, 2024 | finance.yahoo.com

Gogo's (NASDAQ:GOGO) investors will be pleased with their favorable 100% return over the last five years

April 2, 2024 | msn.com

Sangoma and reality TV star Gogo Skhotheni set to release debut single "Ndiyakwamkela"

April 2, 2024 | msn.com

Take a look inside Gogo Maweni and Sabelo Mgube's new lavish mansion

April 1, 2024 | prnewswire.com

Gogo Galileo Global Broadband Coming to European Operators

March 29, 2024 | msn.com

TikTok Video Captures Woman’s Gogo Experiencing First Flight out of KwaZulu-Natal

March 28, 2024 | msn.com

Cape Town Woman Wakes Up To Find Her Gogo Washing Her VW Polo: “I Love Her So Much”

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Communication services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:GOGO
CUSIP: N/A
CIK: 1537054
Web: www.gogoair.com
Phone: (303) 301-3271
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: +85.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.09
Trailing P/E Ratio: 7.56
Forward P/E Ratio: 21.68
P/E Growth: N/A
Net Income: $145.68 million
Net Margins: 36.64%
Pretax Margin: 24.55%
Return on Equity: -7,172.73%
Return on Assets: 10.96%

Debt

Debt-to-Equity Ratio: 14.43
Current Ratio: 4.37
Quick Ratio: 3.49

Sales & Book Value

Annual Sales: $397.58 million
Price / Sales: 2.65
Cash Flow: $0.82 per share
Price / Cash Flow: 9.99
Book Value: $0.32 per share
Price / Book: 25.75

Miscellaneous

Outstanding Shares: 128,070,000
Free Float: 94,771,000
Market Cap: $1.06 billion
Optionable: Optionable
Beta: 1.08

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Key Executives

Mr. Oakleigh Thorne (Age 66)
Chairman & CEO
Comp: $1.54M
Mr. Sergio A. Aguirre (Age 59)
President & COO
Comp: $773.93k
Ms. Jessica Betjemann (Age 51)
Executive VP & CFO
Comp: $520.99k
Ms. Karen Jackson (Age 54)
Executive VP & Chief People Experience Officer
Comp: $592.7k
Mr. Leigh Goldfine (Age 46)
VP, Controller & Chief Accounting Officer
Mr. William G. Davis Jr. (Age 51)
Vice President of Investor Relations
Ms. Crystal L. Gordon (Age 45)
Executive VP, General Counsel & Secretary
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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GOGO Stock Analysis - Frequently Asked Questions

Should I buy or sell Gogo stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 1 year target prices for Gogo's stock. Their GOGO share price targets range from $11.00 to $22.00. On average, they predict the company's stock price to reach $15.30 in the next twelve months. This suggests a possible upside of 80.6% 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 beginning of the year. Since then, GOGO shares have decreased by 16.4% and is now trading at $8.47.
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 Wednesday, May 1st 2024.
View our GOGO earnings forecast.
How were Gogo's earnings last quarter?: Gogo Inc. (NASDAQ:GOGO) issued its quarterly earnings data on Wednesday, February, 28th. The technology company reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11. The technology company had revenue of $97.81 million for the quarter, compared to analysts' expectations 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 company posted $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, February, 28th. The company provided earnings per share (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 institutional and retail investors. Top institutional investors include Tealwood Asset Management Inc. (0.10%). 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 4/18/2024 by MarketBeat.com Staff

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Gogo (GOGO) Stock Price, News & Analysis

Gogo MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Gogo Stock (NASDAQ:GOGO)

GOGO Stock Price History

GOGO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

GOGO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™