Gogo Stock Price, Forecast & Analysis (NASDAQ:GOGO)

Gogo trades on the NASDAQ under the ticker symbol "GOGO."

Gogo Inc (NASDAQ:GOGO) announced its quarterly earnings data on Thursday, November, 7th. The technology company reported ($0.28) EPS for the quarter, beating the Zacks' consensus estimate of ($0.57) by $0.29. The technology company had revenue of $201.18 million for the quarter, compared to analysts' expectations of $206.07 million. The business's revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.47) earnings per share. View Gogo's Earnings History.

Gogo is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Gogo.

4 analysts have issued 12 month target prices for Gogo's stock. Their forecasts range from $1.50 to $10.00. On average, they expect Gogo's share price to reach $6.17 in the next twelve months. This suggests a possible upside of 15.0% from the stock's current price. View Analyst Price Targets for Gogo.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last year. There are currently 1 sell rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gogo.

Headlines about GOGO stock have trended somewhat positive on Wednesday, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gogo earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Gogo.

Some companies that are related to Gogo include Intelsat (I), Magyar Telekom Tavkozlesi Nyrt (MYTAY), Boingo Wireless (WIFI), Calix (CALX), ORBCOMM (ORBC), RigNet (RNET), B Communications (BCOM), Global Eagle Entertainment (ENT), Remark (MARK), Lithium Co.. (LTUM), Dropcar (DCAR), Plaintree Systems (PTEEF), China Teletech (CNCT), Towerstream (TWER) and Directview (DIRV).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gogo investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Micron Technology (MU), Advanced Micro Devices (AMD), Tesla (TSLA), Transocean (RIG), Twitter (TWTR) and Athabasca Oil (ATH).

Gogo's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Gamco Investors INC. ET AL (1.09%), Gabelli Funds LLC (0.78%), Russell Investments Group Ltd. (0.17%), First Midwest Bank Trust Division (0.16%), California Public Employees Retirement System (0.10%) and Oppenheimer & Co. Inc. (0.03%). Company insiders that own Gogo stock include Charles C Townsend, Hugh W Jones, Michael P Bayer, Michele Coleman Mayes, Robert H Mundheim and Thorndale Farm, Inc. View Institutional Ownership Trends for Gogo.

GOGO stock was sold by a variety of institutional investors in the last quarter, including First Midwest Bank Trust Division, Gabelli Funds LLC, Gamco Investors INC. ET AL, Tower Research Capital LLC TRC , Oppenheimer Asset Management Inc. and Oppenheimer & Co. Inc.. View Insider Buying and Selling for Gogo.

GOGO stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd. and California Public Employees Retirement System. Company insiders that have bought Gogo stock in the last two years include Charles C Townsend, Hugh W Jones, Michele Coleman Mayes, Robert H Mundheim and Thorndale Farm, Inc. View Insider Buying and Selling for Gogo.

Shares of GOGO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GOGO stock can currently be purchased for approximately $5.36.

Gogo has a market capitalization of $472.53 million and generates $893.76 million in revenue each year. The technology company earns $-162,030,000.00 in net income (profit) each year or ($1.83) on an earnings per share basis. Gogo employs 1,153 workers across the globe.View Additional Information About Gogo.

The official website for Gogo is http://www.gogoair.com/.

Gogo's mailing address is 111 NORTH CANAL STREET SUITE 1500, CHICAGO IL, 60606. The technology company can be reached via phone at 312-517-5000 or via email at [email protected]