Gogo (GOGO) Projected to Post Earnings on Thursday

Key Points

• Gogo is projected to report Q1 2026 results before the market opens on Thursday, May 7, with analysts forecasting $0.08 EPS and $233.33 million in revenue and an earnings call at 8:30 AM ET.
• In the prior quarter Gogo posted a $0.07 loss per share, missing estimates, while revenue was $230.56 million, up 67.3% year-over-year.
• Director Charles C. Townsend purchased 158,591 shares at about $4.57 each—boosting his ownership by ~61%—and insiders now own 25.78% of the stock.

Gogo (NASDAQ:GOGO - Get Free Report) is projected to post its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect Gogo to post earnings of $0.08 per share and revenue of $233.3260 million for the quarter. Individuals can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 8:30 AM ET.

Gogo (NASDAQ:GOGO - Get Free Report) last issued its quarterly earnings results on Friday, February 27th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.09). Gogo had a net margin of 1.42% and a return on equity of 55.95%. The business had revenue of $230.56 million during the quarter, compared to analyst estimates of $222.65 million. During the same period last year, the firm posted ($0.22) earnings per share. Gogo's quarterly revenue was up 67.3% compared to the same quarter last year. On average, analysts expect Gogo to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Gogo Price Performance

Shares of GOGO opened at $3.97 on Thursday. Gogo has a 52-week low of $3.85 and a 52-week high of $16.82. The company has a debt-to-equity ratio of 8.24, a quick ratio of 1.24 and a current ratio of 1.60. The business's 50 day moving average price is $4.47 and its two-hundred day moving average price is $5.55. The firm has a market cap of $536.90 million, a PE ratio of 39.70 and a beta of 1.12.

Insider Buying and Selling at Gogo

In other news, Director Charles C. Townsend bought 158,591 shares of the stock in a transaction dated Thursday, March 12th. The shares were bought at an average cost of $4.57 per share, with a total value of $724,760.87. Following the completion of the transaction, the director directly owned 418,686 shares of the company's stock, valued at $1,913,395.02. This trade represents a 60.97% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 25.78% of the stock is owned by insiders.

Hedge Funds Weigh In On Gogo

Institutional investors have recently modified their holdings of the company. Stifel Financial Corp acquired a new position in shares of Gogo during the fourth quarter worth approximately $52,000. nVerses Capital LLC acquired a new position in shares of Gogo during the fourth quarter worth approximately $57,000. Quarry LP raised its position in shares of Gogo by 86.1% during the third quarter. Quarry LP now owns 7,171 shares of the technology company's stock worth $62,000 after purchasing an additional 3,318 shares during the period. Focus Partners Wealth bought a new stake in Gogo during the third quarter worth $72,000. Finally, Ritter Alpha LP bought a new stake in Gogo during the fourth quarter worth $74,000. 69.60% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Weiss Ratings reissued a "sell (d)" rating on shares of Gogo in a research note on Friday, March 27th. Morgan Stanley set a $8.00 target price on Gogo in a research report on Friday, January 16th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $12.25.

About Gogo

Gogo Inc is a leading provider of in-flight connectivity and entertainment solutions for commercial and business aviation. The company specializes in delivering broadband internet, voice and text services, and streaming entertainment to passengers at 35,000 feet. Gogo's offerings include both air-to-ground (ATG) networks and satellite-based connectivity, enabling reliable in-flight internet access across a range of aircraft types.

Gogo's ATG network spans the United States and portions of Canada, using ground towers to transmit data signals directly to equipped aircraft.

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