NASDAQ:GOGO Gogo Stock Forecast, Price & News Adding Choose a 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. Log In and Add $9.24 -0.57 (-5.81 %) (As of 09/30/2020 12:00 AM ET) Add Compare Share Today's Range$9.17Now: $9.24▼$10.0650-Day Range$3.36MA: $7.20▼$10.9352-Week Range$1.33Now: $9.24▼$11.60Volume3.64 million shsAverage Volume3.76 million shsMarket Capitalization$785.99 millionP/E RatioN/ADividend YieldN/ABeta1.58 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Gogo Inc., through its subsidiaries, provides inflight broadband connectivity and wireless entertainment services to the aviation industry in the United States and internationally. It operates through three segments: Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW), and Business Aviation (BA). The CA-NA segment offers inflight connectivity and wireless digital entertainment solutions to commercial airline passengers flying routes that generally begin and end within North America. The CA-ROW segment provides inflight connectivity and wireless digital entertainment solutions to passengers flying on foreign-based commercial airlines and flights outside of North America for North American based commercial airlines. The BA segment offers equipment for inflight connectivity, including voice and data services to the business aviation market. Its services include AVANCE, an inflight broadband service that utilizes air-to-ground (ATG) network and ATG spectrum; Passenger Entertainment, an inflight entertainment service; and satellite-based voice and data services through strategic alliances with satellite companies. This segment serves aircraft manufacturers, owners, and operators, as well as government and military entities. The company was founded in 1991 and is headquartered in Chicago, Illinois.Read More Beat the Market (BTM) Rank™ 1.0 Analyst's Opinion Consensus RatingGogo has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.25, Gogo has a forecasted downside of 32.4% from its current price of $9.24.Amount of Analyst CoverageGogo has only been the subject of 3 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesGogo has received 343 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGogo has received 474 “underperform” votes. (Add your “underperform” vote.)Community SentimentGogo has received 58.02% “underperform” 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 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gogo insiders have bought 15,011.31% more of their company's stock than they have sold. Specifically, they have bought $26,428,480.00 in company stock and sold $174,892.00 in company stock.Percentage Held by Insiders40.00% 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 Institutions48.58% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Gogo are expected to grow in the coming year, from ($3.03) to ($1.70) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gogo is -3.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Gogo is -3.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next Analyst Opinion: 1.0Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 5.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.75 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Communication services, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:GOGO Previous Symbol CUSIPN/A CIK1537054 Webwww.gogoair.com Phone312-517-5000Debt Debt-to-Equity RatioN/A Current Ratio1.34 Quick Ratio0.89Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$835.73 million Price / Sales0.94 Cash Flow$0.44 per share Price / Cash Flow21.19 Book Value($4.52) per share Price / Book-2.04Profitability EPS (Most Recent Fiscal Year)($1.24) Net Income$-146,000,000.00 Net Margins-30.70% Return on EquityN/A Return on Assets-13.96%Miscellaneous Employees1,115 Outstanding Shares85,064,000Market Cap$785.99 million Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $9.24 -0.57 (-5.81 %) (As of 09/30/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive GOGO 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. Gogo (NASDAQ:GOGO) Frequently Asked Questions How has Gogo's stock price been impacted by COVID-19 (Coronavirus)? Gogo's stock was trading at $2.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GOGO stock has increased by 271.1% and is now trading at $9.24. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Gogo? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Gogo. When is Gogo's next earnings date? Gogo is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020. View our earnings forecast for Gogo. How were Gogo's earnings last quarter? Gogo Inc (NASDAQ:GOGO) issued its quarterly earnings data on Monday, August, 10th. The technology company reported ($1.05) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.89) by $0.16. The technology company had revenue of $96.60 million for the quarter, compared to analysts' expectations of $90.34 million. The company's revenue for the quarter was down 54.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($1.04) EPS. View Gogo's earnings history. What price target have analysts set for GOGO? 4 brokerages have issued 12-month price targets for Gogo's shares. Their forecasts range from $1.00 to $10.00. On average, they anticipate Gogo's share price to reach $6.25 in the next year. This suggests that the stock has a possible downside of 32.4%. View analysts' price targets for Gogo. Are investors shorting Gogo? Gogo saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 20,400,000 shares, an increase of 10.7% from the August 15th total of 18,430,000 shares. Based on an average daily trading volume, of 5,870,000 shares, the days-to-cover ratio is currently 3.5 days. Currently, 38.5% of the shares of the company are short sold. View Gogo's Short Interest. Who are some of Gogo's key competitors? Some companies that are related to Gogo include Cogent Communications (CCOI), Magyar Telekom Tavkozlesi Nyrt (MYTAY), Calix (CALX), Globalstar (GSAT), Boingo Wireless (WIFI), ORBCOMM (ORBC), Remark (MARK), B Communications (BCOMF), B Communications (BCOM), Intelsat (INTEQ), RigNet (RNET), Ayro (AYRO), Dropcar (DCAR), Lithium Co.. (LTUM) and Global Eagle Entertainment (ENT). View all 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), Endologix (ELGX), Chipotle Mexican Grill (CMG), Tesla (TSLA), BlackRock (BLK), Twitter (TWTR) and Intel (INTC). Who are Gogo's key executives? Gogo's management team includes the following people: Mr. Oakleigh B. Thorne, Pres, CEO & Director (Age 61)Mr. Barry L. Rowan, CFO & Exec. VP (Age 62)Mr. Jonathan B. Cobin, Chief Strategy Officer & Exec. VP of Corp. Devel. (Age 46)Mr. John Wade, Pres of Commercial Aviation Division (Age 56)Mr. Anand K. Chari, Strategic Technology Advisor (Age 52) 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Gogo's stock price today? One share of GOGO stock can currently be purchased for approximately $9.24. How big of a company is Gogo? Gogo has a market capitalization of $785.99 million and generates $835.73 million in revenue each year. The technology company earns $-146,000,000.00 in net income (profit) each year or ($1.24) on an earnings per share basis. Gogo employs 1,115 workers across the globe. What is Gogo's official website? The official website for Gogo is www.gogoair.com. How can I contact Gogo? 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] This page was last updated on 10/1/2020 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. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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