Roth Capital Forecasts Gogo's Q3 Earnings (NASDAQ:GOGO)

Key Points

• Roth Capital has downgraded its earnings estimates for Gogo Inc.'s Q3 2025 from $0.08 to $0.06 per share, while maintaining a "Buy" rating and a price target of $16.50.
• Gogo recently reported earnings of $0.13 per share for Q2 2025, exceeding analysts' estimates, with a significant revenue increase of 121.4% year-over-year.
• Wall Street Zen has lowered Gogo's rating from "buy" to " following mixed signals in recent earnings reports.

Gogo Inc. (NASDAQ:GOGO - Free Report) - Roth Capital reduced their Q3 2025 earnings estimates for Gogo in a research note issued on Friday, August 8th. Roth Capital analyst S. Searle now expects that the technology company will earn $0.06 per share for the quarter, down from their previous forecast of $0.08. Roth Capital has a "Buy" rating and a $16.50 price target on the stock. The consensus estimate for Gogo's current full-year earnings is $0.41 per share. Roth Capital also issued estimates for Gogo's Q4 2025 earnings at $0.06 EPS and Q1 2026 earnings at $0.13 EPS.

Gogo (NASDAQ:GOGO - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The technology company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.01. The company had revenue of $226.04 million during the quarter, compared to the consensus estimate of $220.12 million. Gogo had a net margin of 1.05% and a return on equity of 88.04%. The firm's quarterly revenue was up 121.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.01 EPS.

Separately, Wall Street Zen lowered Gogo from a "buy" rating to a "hold" rating in a research note on Saturday.

Gogo Stock Up 1.2%

Shares of GOGO opened at $12.19 on Monday. The firm has a 50 day simple moving average of $14.35 and a two-hundred day simple moving average of $10.45. 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 one year low of $6.17 and a one year high of $16.82. The company has a market cap of $1.63 billion, a P/E ratio of 304.75 and a beta of 1.11.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Kingsview Wealth Management LLC bought a new stake in Gogo during the 2nd quarter worth $210,000. Intech Investment Management LLC boosted its stake in shares of Gogo by 129.0% during the second quarter. Intech Investment Management LLC now owns 76,138 shares of the technology company's stock valued at $1,118,000 after purchasing an additional 42,897 shares in the last quarter. Creative Planning bought a new stake in shares of Gogo during the second quarter worth about $253,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Gogo by 8.6% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,357 shares of the technology company's stock worth $225,000 after purchasing an additional 1,210 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey increased its stake in shares of Gogo by 9.8% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 15,063 shares of the technology company's stock valued at $221,000 after buying an additional 1,340 shares during the period. 69.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Michael Begler sold 107,136 shares of Gogo stock in a transaction that occurred on 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 directly owned 14,454 shares of the company's stock, valued at approximately $216,810. The trade was a 88.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director (Equity) Holdings Lp Silver sold 8,500,000 shares of the stock in a transaction that occurred on 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 of the company's stock, valued at approximately $45,919,302. The trade was a 67.06% decrease in their position. The disclosure for this sale can be found here. Company insiders own 25.78% 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.

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