NASDAQ:GOGO Gogo (GOGO) Stock Price, News & Analysis $9.40 +0.01 (+0.11%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$9.24▼$9.5850-Day Range$8.99▼$10.8452-Week Range$7.53▼$17.55Volume582,850 shsAverage Volume856,760 shsMarket Capitalization$1.19 billionP/E Ratio8.03Dividend YieldN/APrice Target$15.30 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Gogo alerts: Email Address Gogo MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside62.8% Upside$15.30 Price TargetShort InterestBearish22.30% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.65Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth77.14%From $0.35 to $0.62 Per ShareSee Full Details Hide Full Details 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 starsComputer And Technology Sector251st out of 612 stocksCommunication Services, Not Elsewhere Classified Industry2nd out of 10 stocks 3.3 Analyst's Opinion Consensus RatingGogo 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 CoverageGogo has received no research coverage in the past 90 days.Read more about Gogo's stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted22.30% of the float of Gogo has been sold short.Short Interest Ratio / Days to CoverGogo has a short interest ratio ("days to cover") of 17.2, which indicates bearish sentiment.Change versus previous monthShort interest in Gogo has recently increased by 3.34%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldGogo does not currently pay a dividend.Dividend GrowthGogo does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GOGO. Previous Next 3.1 News and Social Media Coverage News SentimentGogo has a news sentiment score of 0.65. 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 higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Gogo this week, compared to 7 articles on an average week.Search Interest9 people have searched for GOGO on MarketBeat in the last 30 days. This is an increase of 80% compared to the previous 30 days.MarketBeat Follows1 people have added Gogo to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gogo insiders have not sold or bought any company stock.Percentage Held by Insiders26.00% 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 Institutions69.60% of the stock of Gogo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Gogo's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Gogo are expected to grow by 77.14% in the coming year, from $0.35 to $0.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gogo is 8.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Gogo is 8.03, 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 253.64.Price to Book Value per Share RatioGogo has a P/B Ratio of 29.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Gogo's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad MarketBeatWe just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.Start Your Risk-Free Trial Here 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. As of May 2024, Gogo Inc. claims that "Gogo is the only company in North America with a complete, certified airborne 5G network, meaning that all components within the network (including onboard equipment) are 5G native."Read More GOGO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GOGO Stock News HeadlinesJuly 24 at 7:00 AM | prnewswire.comGogo Appoints Monte Koch, Chair Emeritus of the NBAA, to Board of DirectorsJuly 19, 2024 | prnewswire.comGogo Inc. to Report Second Quarter 2024 Financial Results on August 7, 2024July 26, 2024 | DTI (Ad)How a $0.25 cent option contract makes my top traders feelIf you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…July 19, 2024 | americanbankingnews.comGogo Inc. (NASDAQ:GOGO) Short Interest UpdateJune 27, 2024 | prnewswire.comGogo AVANCE Operators Unlock New Efficiencies With Over-the-Air System UpdatesJune 6, 2024 | prnewswire.comSkyservice Business Aviation Builds Gogo AVANCE Center of ExcellenceJune 6, 2024 | seekingalpha.comGogo: A Fair Price Considering Its RisksMay 28, 2024 | prnewswire.comGogo Galileo European STC Portfolio ExpandingJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 8, 2024 | finance.yahoo.comGogo Inc. (NASDAQ:GOGO) Q1 2024 Earnings Call TranscriptMay 8, 2024 | finance.yahoo.comGogo Inc (GOGO) Q1 2024 Earnings Call Transcript Highlights: Strong Financial Performance ...May 7, 2024 | sfgate.comGogo: Q1 Earnings SnapshotMay 7, 2024 | markets.businessinsider.comGogo Inc. Q1 Income Advances, Beats estimatesMay 7, 2024 | prnewswire.comGogo Announces First Quarter ResultsMay 6, 2024 | msn.comRadhikka Madan's 29th Birthday Bash: A Bollywood-themed party with a crime master gogo twistMay 6, 2024 | msn.comGogo Afraid of Dog Touching Her Leaves SA Laughing: “She’s So Sassy”May 2, 2024 | msn.comList of top grocery deals valid May 1-7May 2, 2024 | msn.comFive Easy Ways to Style a Striped Sweater Right NowSee 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. Email Address Company Calendar Last Earnings5/07/2024Today7/26/2024Next Earnings (Confirmed)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Communication services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:GOGO Previous SymbolNASDAQ:GOGO CUSIPN/A CIK1537054 Webwww.gogoair.com Phone(303) 301-3271FaxN/AEmployees457Year FoundedN/APrice Target and Rating Average Stock Price Target$15.30 High Stock Price Target$22.00 Low Stock Price Target$11.00 Potential Upside/Downside+64.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.17 Trailing P/E Ratio7.94 Forward P/E Ratio26.54 P/E GrowthN/ANet Income$145.68 million Net Margins38.61% Pretax Margin28.31% Return on Equity229.65% Return on Assets10.80% Debt Debt-to-Equity Ratio9.39 Current Ratio4.20 Quick Ratio3.33 Sales & Book Value Annual Sales$397.58 million Price / Sales2.97 Cash Flow$0.83 per share Price / Cash Flow11.23 Book Value$0.32 per share Price / Book29.03Miscellaneous Outstanding Shares127,110,000Free Float94,058,000Market Cap$1.18 billion OptionableOptionable Beta1.13 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Oakleigh Thorne (Age 66)Chairman & CEO Comp: $1.05MMr. Sergio A. Aguirre (Age 60)President & COO Comp: $606.65kMs. Jessica G. Betjemann (Age 52)Executive VP & CFO Comp: $517.51kMs. Crystal L. Gordon (Age 45)Executive VP, General Counsel & Secretary Comp: $823.61kMr. Leigh Goldfine (Age 46)VP, Controller & Chief Accounting Officer Mr. William G. Davis Jr. (Age 51)Vice President of Investor Relations Ms. Melissa HaleSenior Vice President of Product & MarketingMr. Andrew E. GeistSenior Vice President of Business Aviation SolutionsMr. Gustavo NaderChief Strategy OfficerMr. Anand K. Chari (Age 57)Strategic Technology Advisor Comp: $618.28kMore ExecutivesKey CompetitorsORBCOMMNASDAQ:ORBCBoingo WirelessNASDAQ:WIFIViasatNASDAQ:VSATAST SpaceMobileNASDAQ:ASTSCogent CommunicationsNASDAQ:CCOIView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 24,665 shares on 7/26/2024Ownership: 0.532%SG Americas Securities LLCBought 11,279 shares on 7/12/2024Ownership: 0.009%Tealwood Asset Management Inc.Sold 1,070 shares on 7/9/2024Ownership: 0.095%Comerica BankSold 2,267 shares on 5/17/2024Ownership: 0.021%Walleye Trading LLCSold 1,200 shares on 5/17/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions GOGO Stock Analysis - Frequently Asked Questions How have GOGO shares performed this year? Gogo's stock was trading at $10.13 at the start of the year. Since then, GOGO stock has decreased by 7.2% and is now trading at $9.40. View the best growth stocks for 2024 here. How were Gogo's earnings last quarter? Gogo Inc. (NASDAQ:GOGO) issued its earnings results on Tuesday, May, 7th. The technology company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.06 by $0.10. The technology company earned $104.32 million during the quarter, compared to analyst estimates of $96.62 million. Gogo had a net margin of 38.61% and a trailing twelve-month return on equity of 229.65%. 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. Who are Gogo's major shareholders? Gogo's top institutional shareholders include Bank of New York Mellon Corp (0.53%), Tealwood Asset Management Inc. (0.10%), SG Americas Securities LLC (0.01%) and Concourse Financial Group Securities Inc.. Insiders that own company stock include Charles C Townsend, Marguerite M Elias, Karen Jackson, Jessica Betjemann and Harris N Williams. 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. What other stocks do shareholders of Gogo own? Based on aggregate information from My MarketBeat watchlists, some other companies that Gogo investors own include Xtrackers California Municipal Bond ETF (CA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Tesla (TSLA), Endologix (ELGX) and Chipotle Mexican Grill (CMG). This page (NASDAQ:GOGO) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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