William Blair Issues Negative Estimate for Gogo Earnings

Gogo Inc. (NASDAQ:GOGO) – William Blair decreased their Q4 2025 earnings estimates for shares of Gogo in a report issued on Thursday, August 7th. William Blair analyst L. Dipalma now expects that the technology company will post earnings per share of $0.08 for the quarter, down from their previous estimate of $0.10. The consensus estimate for Gogo’s current full-year earnings is $0.41 per share. William Blair also issued estimates for Gogo’s FY2026 earnings at $0.59 EPS.

Other analysts have also recently issued reports about the stock. Roth Capital set a $16.50 price target on shares of Gogo and gave the stock a “buy” rating in a report on Wednesday, June 18th. Wall Street Zen cut shares of Gogo from a “buy” rating to a “hold” rating in a research note on Saturday.

Gogo Stock Performance

Gogo stock opened at $12.22 on Monday. The firm’s 50 day simple moving average is $14.38 and its 200-day simple moving average is $10.47. The company has a market cap of $1.63 billion, a P/E ratio of 305.50 and a beta of 1.11. The company has a debt-to-equity ratio of 8.10, a current ratio of 1.71 and a quick ratio of 1.32. Gogo has a fifty-two week low of $6.17 and a fifty-two week high of $16.82.

Gogo (NASDAQ:GOGO) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.01. The company had revenue of $226.04 million for the quarter, compared to analysts’ expectations of $220.12 million. Gogo had a net margin of 1.05% and a return on equity of 88.04%. The business’s revenue was up 121.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 EPS.

Insider Transactions at Gogo

In other Gogo news, EVP Michael Begler sold 107,136 shares of the stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $15.00, for a total transaction of $1,607,040.00. Following the sale, the executive vice president owned 14,454 shares of the company’s stock, valued at $216,810. This represents a 88.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director (Equity) Holdings Lp Silver sold 8,500,000 shares of the firm’s stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $11.00, for a total transaction of $93,500,000.00. Following the completion of the transaction, the director directly owned 4,174,482 shares in the company, valued at $45,919,302. This trade represents a 67.06% decrease in their position. The disclosure for this sale can be found here. 25.78% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. FMR LLC boosted its stake in Gogo by 138.4% during the 4th quarter. FMR LLC now owns 13,475,009 shares of the technology company’s stock worth $109,013,000 after acquiring an additional 7,821,973 shares during the last quarter. William Blair Investment Management LLC raised its position in Gogo by 124.8% during the second quarter. William Blair Investment Management LLC now owns 5,673,833 shares of the technology company’s stock worth $83,292,000 after acquiring an additional 3,149,585 shares in the last quarter. Nantahala Capital Management LLC increased its holdings in shares of Gogo by 441.5% in the fourth quarter. Nantahala Capital Management LLC now owns 2,574,642 shares of the technology company’s stock valued at $20,829,000 after purchasing an additional 2,099,145 shares during the last quarter. Silvercrest Asset Management Group LLC acquired a new position in shares of Gogo in the fourth quarter valued at about $14,147,000. Finally, Tenzing Global Management LLC grew its stake in shares of Gogo by 59.6% in the fourth quarter. Tenzing Global Management LLC now owns 2,075,000 shares of the technology company’s stock valued at $16,787,000 after acquiring an additional 775,000 shares in the last quarter. Institutional investors own 69.60% of the company’s stock.

Gogo Company Profile

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.