NASDAQ:GOGO Gogo Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Gogo Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $16.29 -0.17 (-1.03%) (As of 06/29/2022 05:49 PM ET) Add Compare Share Today's Range$16.09▼$16.5050-Day Range$16.15▼$21.4452-Week Range$9.61▼$23.69Volume487,677 shsAverage Volume1.19 million shsMarket Capitalization$1.82 billionP/E Ratio13.24Dividend YieldN/APrice Target$19.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 GOGO Stock Forecast (MarketRank)Overall MarketRank™2.66 out of 5 starsComputer And Technology Sector147th out of 937 stocksCommunication Services, Not Elsewhere Classified Industry3rd out of 23 stocksAnalyst Opinion: 2.1Community Rank: 3.9Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 3.1 5 -4 -3 -2 -1 - 2.1 Analyst's Opinion Consensus RatingGogo has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.00, Gogo has a forecasted upside of 16.6% from its current price of $16.29.Amount of Analyst CoverageGogo has received no research coverage in the past 90 days. Previous Next 3.9 Community Rank Outperform VotesGogo has received 355 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGogo has received 251 “underperform” votes. (Add your “underperform” vote.)Community SentimentGogo has received 58.58% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Gogo and other stocks. Vote “Outperform” if you believe GOGO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GOGO will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gogo insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $722,180.00 in company stock.Percentage Held by Insiders32.55% 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 Institutions71.42% of the stock of Gogo is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Gogo are expected to grow by 26.56% in the coming year, from $0.64 to $0.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gogo is 13.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Gogo is 13.24, 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 59.70. Previous Next See Top Rated MarketRank™ Stocks Here About Gogo (NASDAQ:GOGO)Gogo Inc., through its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. It operates through Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW), and Business Aviation (BA) segments. The company design, build and operate air-to-ground networks, engineer and maintain in-flight systems of proprietary hardware and software, and deliver customizable connectivity and wireless entertainment services. It also offers suite of integrated equipment, network, and internet connectivity products and services, as well as includes suite of smart cabin systems for integrated connectivity, in-flight entertainment, and voice solutions. In addition, the company portfolio comprises of in-flight network, in-flight systems, in-flight services, aviation partner support, and production operations functions. Further, the company offers satellite-based voice and data services. Gogo Inc. was founded in 1991 and is headquartered in Broomfield, Colorado.Read More GOGO Stock News HeadlinesJune 29, 2022 | finance.yahoo.comInvesting in Gogo (NASDAQ:GOGO) three years ago would have delivered you a 290% gainJune 26, 2022 | americanbankingnews.comGogo (NASDAQ:GOGO) Share Price Crosses Below 200-Day Moving Average of $16.42June 23, 2022 | finance.yahoo.comCerrado Gold Provides Update for Ongoing Infill and Exploration Drill Programs and Reports First Results for Its New Extensional Gogo Da Onca Target at Its Monte Do Carmo Project, Brazil - Yahoo FinanceJune 20, 2022 | nbcnews.comBoy, 15, killed, 3 people injured in shooting after unpermitted event, D.C. authorities say - NBC NewsJune 19, 2022 | americanbankingnews.comFY2023 Earnings Forecast for Gogo Inc. (NASDAQ:GOGO) Issued By William BlairJune 18, 2022 | washingtonpost.comDC's Something in the Water music festival: Right place, right vibe - The Washington PostJune 16, 2022 | americanbankingnews.comGogo Inc. (NASDAQ:GOGO) Receives Consensus Rating of "Hold" from AnalystsJune 7, 2022 | globenewswire.comOMVOS Announces Launch of Vida-a-gogo, the E-Scooter Reinvented With Style, Safety, and Smart Technology - GlobeNewswireMay 30, 2022 | finance.yahoo.comGogo Business Aviation to Launch LEO Global Broadband ServiceMay 26, 2022 | bizjournals.comGo-go legend Charles 'Shorty Corleone' Garris seeks funding through DC Rebuild program - Washington Business Journal - The Business JournalsMay 26, 2022 | streetinsider.comGoGo squeeZ Launches “SqueeZ Out Their Best” Debut Campaign from Agency Partner 305 Worldwide - StreetInsider.comMay 25, 2022 | benzinga.comGogo's Return on Invested Capital Overview - Benzinga - BenzingaMay 25, 2022 | wsj.comAircraft Wi-Fi Company Gogo Cuts Debt as Interest Rates Rise - The Wall Street JournalSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Communication services, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:GOGO CUSIPN/A CIK1537054 Webwww.gogoair.com Phone(303) 301-3271FaxN/AEmployees376Year FoundedN/ACompany Calendar Last Earnings5/05/2022Today6/29/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$19.00 High Stock Price Forecast$23.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+16.6%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.23 Trailing P/E Ratio13.24 Forward P/E Ratio25.45 P/E GrowthN/ANet Income$152.74 million Net Margins51.50% Pretax Margin-0.19% Return on Equity-13.78% Return on Assets11.26% Debt Debt-to-Equity RatioN/A Current Ratio1.44 Quick Ratio1.25 Sales & Book Value Annual Sales$335.72 million Price / Sales5.43 Cash Flow$0.47 per share Price / Cash Flow34.97 Book Value($2.89) per share Price / Book-5.64Miscellaneous Outstanding Shares112,002,000Free Float75,545,000Market Cap$1.82 billion OptionableOptionable Beta1.02 Gogo Frequently Asked Questions Should I buy or sell Gogo stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Gogo stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GOGO, but not buy additional shares or sell existing shares. View analyst ratings for Gogo or view top-rated stocks. What is Gogo's stock price forecast for 2022? 4 equities research analysts have issued 1 year price targets for Gogo's shares. Their GOGO stock forecasts range from $14.00 to $23.00. On average, they predict Gogo's share price to reach $19.00 in the next year. This suggests a possible upside of 16.6% from the stock's current price. View analysts' price targets for Gogo or view top-rated stocks among Wall Street analysts. How has Gogo's stock performed in 2022? Gogo's stock was trading at $13.53 at the beginning of the year. Since then, GOGO shares have increased by 20.4% and is now trading at $16.29. View the best growth stocks for 2022 here. When is Gogo's next earnings date? Gogo is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Gogo. How were Gogo's earnings last quarter? Gogo Inc. (NASDAQ:GOGO) issued its quarterly earnings data on Thursday, May, 5th. The technology company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.13 by $0.05. The technology company earned $92.75 million during the quarter, compared to the consensus estimate of $89.52 million. Gogo had a net margin of 51.50% and a negative trailing twelve-month return on equity of 13.78%. Gogo's quarterly revenue was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.07) earnings per share. View Gogo's earnings history. What guidance has Gogo issued on next quarter's earnings? Gogo issued an update on its FY 2022 earnings guidance on Monday, May, 23rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $390.00 million-$400.00 million, compared to the consensus revenue estimate of $388.13 million. Who are Gogo's key executives? Gogo's management team includes the following people: Mr. Oakleigh Thorne, Chairman & CEO (Age 64, Pay $1.75M)Mr. Sergio A. Aguirre, Pres & COO (Age 58, Pay $770.74k)Mr. Barry L. Rowan, CFO & Exec. VP (Age 65, Pay $1.07M)Ms. Marguerite M. Elias, Exec. VP, Gen. Counsel & Sec. (Age 68, Pay $732.63k)Ms. Karen Jackson, Exec. VP & Chief People Experience Officer (Age 52, Pay $659.95k)Ms. Jessica Betjemann, Sr. VP of Fin. & Accounting and Chief Accounting Officer (Age 50)Mr. William G. Davis Jr., VP of Investor Relations (Age 49)Ms. Melissa Hale, Sr. VP of Product & MarketingMr. Andrew E. Geist, Sr. VP of Bus. Aviation SolutionsMr. Gustavo Nader, Chief Strategy Officer What is Oakleigh Thorne's approval rating as Gogo's CEO? 32 employees have rated Gogo CEO Oakleigh Thorne on Glassdoor.com. Oakleigh Thorne has an approval rating of 82% among Gogo's employees. Who are some of Gogo's key competitors? Some companies that are related to Gogo include Telecom Italia (TIIAY), Telecom Italia (TIAIY), Cogent Communications (CCOI), Globalstar (GSAT), Globalstar (GSAT), Calix (CALX), EchoStar (SATS), AST SpaceMobile (ASTS), Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (MYTAY), M3-Brigade Acquisition II (MBAC), B Communications (BCOMF), BuzzFeed (BZFD), Spire Global (SPIR), Mynaric (MYNA) and Telesat (TSAT). View all of GOGO's competitors. What other stocks do shareholders of Gogo own? Based on aggregate information from My MarketBeat watchlists, some companies that other Gogo investors own include CA (CA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Tesla (TSLA), Endologix (ELGX), Chipotle Mexican Grill (CMG), BlackRock (BLK), Twitter (TWTR) and Intel (INTC). What is Gogo's stock symbol? Gogo trades on the NASDAQ under the ticker symbol "GOGO." How do I buy shares of Gogo? Shares of GOGO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Gogo's stock price today? One share of GOGO stock can currently be purchased for approximately $16.29. How much money does Gogo make? Gogo (NASDAQ:GOGO) has a market capitalization of $1.82 billion and generates $335.72 million in revenue each year. The technology company earns $152.74 million in net income (profit) each year or $1.23 on an earnings per share basis. How many employees does Gogo have? Gogo employs 376 workers across the globe. How can I contact Gogo? Gogo's mailing address is 111 NORTH CANAL STREET SUITE 1500, CHICAGO IL, 60606. The official website for Gogo is www.gogoair.com. The technology company can be reached via phone at (303) 301-3271 or via email at [email protected]. This page (NASDAQ:GOGO) was last updated on 6/30/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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