NASDAQ:GOGOGogo Stock Price, Forecast & News

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 increased by 24.5% and is now trading at $3.10. View which stocks have been most impacted by Coronavirus.

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.

Gogo is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Gogo.

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

3 brokers have issued 1 year target prices for Gogo's stock. Their forecasts range from $1.00 to $2.00. On average, they anticipate Gogo's share price to reach $1.50 in the next twelve months. This suggests that the stock has a possible downside of 51.6%. View analysts' price targets for Gogo.

Press coverage about GOGO stock has been trending negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Gogo earned a news impact score of -2.1 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Gogo.

Some companies that are related to Gogo include Calix (CALX), Boingo Wireless (WIFI), ORBCOMM (ORBC), Remark (MARK), B Communications (BCOM), Intelsat (INTEQ), Ayro (AYRO), RigNet (RNET), Dropcar (DCAR), Global Eagle Entertainment (ENT), Lithium Co.. (LTUM), Plaintree Systems (PTEEF), Towerstream (TWER), Directview (DIRV) and China Teletech (CNCT). View all competitors.

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).

Gogo trades on the NASDAQ under the ticker symbol "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 $3.10.

Gogo has a market capitalization of $259.84 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.

The official website for Gogo is 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]