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

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

Gogo Inc (NASDAQ:GOGO) released its quarterly earnings data on Thursday, August, 8th. The technology company reported ($0.47) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.59) by $0.12. The technology company earned $213.70 million during the quarter, compared to the consensus estimate of $199.62 million. Gogo's quarterly revenue was down 6.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.47) EPS. View Gogo's Earnings History.

Gogo is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Gogo.

Gogo will be holding an earnings conference call on Thursday, November 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Gogo updated its FY 2019 earnings guidance on Thursday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $800-850 million, compared to the consensus revenue estimate of $822.44 million.

4 equities research analysts have issued 12-month price objectives for Gogo's shares. Their predictions range from $1.50 to $10.00. On average, they anticipate Gogo's stock price to reach $6.17 in the next year. This suggests a possible upside of 4.5% 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.

Media coverage about GOGO stock has trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gogo earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned press coverage 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 few days. View News Stories for Gogo.

Gogo saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 33,590,000 shares, an increase of 6.3% from the August 30th total of 31,590,000 shares. Based on an average daily volume of 1,940,000 shares, the days-to-cover ratio is presently 17.3 days. Currently, 62.0% of the shares of the company are short sold. View Gogo's Current Options Chain.

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

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), Athabasca Oil (ATH) and Tesla (TSLA).

Gogo's stock is owned by many different of institutional and retail investors. Top institutional shareholders include First Midwest Bank Trust Division (0.16%). Company insiders that own Gogo stock include Charles C Townsend, Hugh W Jones, Michael Small, 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. 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 $5.90.

Gogo has a market capitalization of $519.60 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]