Log in

NASDAQ:GOGOGogo Stock Price, Forecast & News

$2.20
+0.12 (+5.77 %)
(As of 06/1/2020 04:00 PM ET)
Add
Compare
Today's Range
$2.02
Now: $2.20
$2.24
50-Day Range
$1.40
MA: $1.81
$2.40
52-Week Range
$1.33
Now: $2.20
$7.23
Volume2.62 million shs
Average Volume2.24 million shs
Market Capitalization$184.40 million
P/E RatioN/A
Dividend YieldN/A
Beta1.19
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
Gogo logo

Beat the Market (BTM) Rank

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

Industry Communication services, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:GOGO
CUSIPN/A
Phone312-517-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$835.73 million
Cash Flow$0.46 per share
Book Value($4.52) per share

Profitability

Net Income$-146,000,000.00

Miscellaneous

Employees1,115
Market Cap$184.40 million
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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 been impacted by COVID-19 (Coronavirus)?

Gogo's stock was trading at $2.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GOGO stock has decreased by 11.6% and is now trading at $2.20. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Gogo?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last year. There are currently 1 sell rating, 1 hold rating 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, August 13th 2020. View our earnings forecast for Gogo.

How were Gogo's earnings last quarter?

Gogo Inc (NASDAQ:GOGO) released its quarterly earnings data on Monday, May, 11th. The technology company reported ($0.47) earnings per share for the quarter, missing the consensus estimate of ($0.37) by $0.10. The technology company had revenue of $184.50 million for the quarter, compared to analyst estimates of $167.44 million. The firm's revenue was down 7.6% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.21) EPS. View Gogo's earnings history.

What price target have analysts set for GOGO?

3 brokerages have issued 12 month target prices for Gogo's stock. Their forecasts range from $1.00 to $2.00. On average, they expect Gogo's stock price to reach $1.50 in the next year. This suggests that the stock has a possible downside of 31.8%. View analysts' price targets for Gogo.

Has Gogo been receiving favorable news coverage?

News coverage about GOGO stock has trended very positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gogo earned a news impact score of 3.5 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutGogo.

Who are some of Gogo's key 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), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Micron Technology (MU), Advanced Micro Devices (AMD), NVIDIA (NVDA), Twitter (TWTR), Netflix (NFLX) and Transocean (RIG).

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."

Who are Gogo's major shareholders?

Gogo's stock is owned by many different retail and institutional investors. Top institutional investors include Mudrick Capital Management L.P. (10.42%), Morgan Stanley (4.34%), Morgan Stanley (4.34%), BlackRock Inc. (4.26%), Tenzing Global Management LLC (1.67%) and State Street Corp (1.31%). Company insiders that own Gogo stock include Charles C Townsend, Hugh W Jones, Michael P Bayer and Robert H Mundheim. View institutional ownership trends for Gogo.

Which major investors are selling Gogo stock?

GOGO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Tenzing Global Management LLC, New York State Common Retirement Fund, Two Sigma Advisers LP, Frontier Capital Management Co. LLC, Hodges Capital Management Inc., Spark Investment Management LLC, and Engineers Gate Manager LP. View insider buying and selling activity for Gogo.

Which major investors are buying Gogo stock?

GOGO stock was bought by a variety of institutional investors in the last quarter, including Mudrick Capital Management L.P., Morgan Stanley, Morgan Stanley, First Midwest Bank Trust Division, Nuveen Asset Management LLC, SG Americas Securities LLC, Acadian Asset Management LLC, and Premier Asset Management LLC. Company insiders that have bought Gogo stock in the last two years include Charles C Townsend, Hugh W Jones, and Robert H Mundheim. View insider buying and selling activity for 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 $2.20.

How big of a company is Gogo?

Gogo has a market capitalization of $184.40 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 6/2/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.