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Russia Ignites West's Battle for Energy Independence (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Is This "Military Tech Crisis" About To Spark A $15B Boom For Investors? (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Russia Ignites West's Battle for Energy Independence (Ad)
Which Semiconductor Stocks Are Ready For Big Price Moves?
Egypt's central bank governor resigns as economic woes mount
US to hold trade talks with Taiwan, island drills military
Russia Ignites West's Battle for Energy Independence (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Is This "Military Tech Crisis" About To Spark A $15B Boom For Investors? (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Russia Ignites West's Battle for Energy Independence (Ad)
Which Semiconductor Stocks Are Ready For Big Price Moves?
Egypt's central bank governor resigns as economic woes mount
US to hold trade talks with Taiwan, island drills military
Russia Ignites West's Battle for Energy Independence (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
Is This "Military Tech Crisis" About To Spark A $15B Boom For Investors? (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
Russia Ignites West's Battle for Energy Independence (Ad)
Which Semiconductor Stocks Are Ready For Big Price Moves?
Egypt's central bank governor resigns as economic woes mount
US to hold trade talks with Taiwan, island drills military
Russia Ignites West's Battle for Energy Independence (Ad)
NASDAQ:GOGO

Gogo - GOGO Stock Forecast, Price & News

$17.30
+0.08 (+0.46%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$16.86
$17.47
50-Day Range
$14.92
$19.26
52-Week Range
$11.73
$23.69
Volume
421,389 shs
Average Volume
594,264 shs
Market Capitalization
$2.23 billion
P/E Ratio
8.52
Dividend Yield
N/A
Price Target
$20.40

Gogo MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
17.9% Upside
$20.40 Price Target
Short Interest
Healthy
10.81% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.56mentions of Gogo in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$722,180 Sold Last Quarter
Proj. Earnings Growth
18.46%
From $0.65 to $0.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

Computer And Technology Sector

157th out of 667 stocks

Communication Services, Not Elsewhere Classified Industry

4th out of 9 stocks

GOGO stock logo

About Gogo (NASDAQ:GOGO) Stock

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.

Gogo Stock Up 0.5 %

GOGO Stock traded up $0.08 during trading hours on Wednesday, hitting $17.30. The company's stock had a trading volume of 421,389 shares, compared to its average volume of 1,062,281. The company has a market capitalization of $2.23 billion, a PE ratio of 8.52 and a beta of 1.08. The stock has a 50 day moving average price of $16.54 and a two-hundred day moving average price of $17.26. Gogo has a 12 month low of $11.73 and a 12 month high of $23.69.

Gogo (NASDAQ:GOGO - Get Rating) last issued its quarterly earnings data on Friday, August 5th. The technology company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.02. Gogo had a net margin of 74.01% and a negative return on equity of 26.15%. The firm had revenue of $97.84 million during the quarter, compared to analysts' expectations of $95.26 million. Sell-side analysts expect that Gogo will post 0.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

GOGO has been the subject of a number of research analyst reports. Cowen increased their target price on shares of Gogo to $26.00 in a research report on Monday. TheStreet upgraded Gogo from a "d" rating to a "c" rating in a report on Tuesday, May 17th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $20.40.

Insider Activity

In related news, CAO Jessica Betjemann sold 8,000 shares of the business's stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $19.81, for a total value of $158,480.00. Following the completion of the sale, the chief accounting officer now directly owns 25,528 shares in the company, valued at approximately $505,709.68. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, EVP Marguerite M. Elias sold 30,000 shares of the firm's stock in a transaction on Tuesday, May 24th. The shares were sold at an average price of $18.79, for a total value of $563,700.00. Following the transaction, the executive vice president now directly owns 54,791 shares in the company, valued at approximately $1,029,522.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Jessica Betjemann sold 8,000 shares of the business's stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $19.81, for a total transaction of $158,480.00. Following the transaction, the chief accounting officer now directly owns 25,528 shares of the company's stock, valued at approximately $505,709.68. The disclosure for this sale can be found here. 28.20% of the stock is currently owned by insiders.

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GOGO Stock News Headlines

Gogo (NASDAQ:GOGO) PT Raised to $26.00
Gogo (GOGO) Set to Announce Earnings on Friday
See More Headlines
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GOGO Company Calendar

Last Earnings
8/05/2022
Today
8/18/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:GOGO
Fax
N/A
Employees
376
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.40
High Stock Price Forecast
$26.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+17.9%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$152.74 million
Pretax Margin
23.83%

Debt

Sales & Book Value

Annual Sales
$335.72 million
Cash Flow
$0.47 per share
Book Value
($1.13) per share

Miscellaneous

Free Float
92,398,000
Market Cap
$2.23 billion
Optionable
Optionable
Beta
1.08

Key Executives

  • Mr. Oakleigh Thorne (Age 64)
    Chairman & CEO
    Comp: $1.75M
  • Mr. Sergio A. Aguirre (Age 58)
    Pres & COO
    Comp: $770.74k
  • Mr. Barry L. Rowan (Age 65)
    CFO & Exec. VP
    Comp: $1.07M
  • Ms. Marguerite M. Elias (Age 68)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $732.63k
  • Ms. Karen Jackson (Age 52)
    Exec. VP & Chief People Experience Officer
    Comp: $659.95k
  • Ms. Jessica Betjemann (Age 50)
    Sr. VP of Fin. & Accounting and Chief Accounting Officer
  • Mr. William G. Davis Jr. (Age 49)
    VP of Investor Relations
  • Ms. Melissa Hale
    Sr. VP of Product & Marketing
  • Mr. Andrew E. Geist
    Sr. VP of Bus. Aviation Solutions
  • Mr. Gustavo Nader
    Chief Strategy Officer













GOGO Stock - Frequently Asked Questions

Should I buy or sell Gogo stock right now?

4 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 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GOGO shares. 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 GOGO analyst ratings
or view top-rated stocks.

What is Gogo's stock price forecast for 2022?

4 Wall Street research analysts have issued 1 year target prices for Gogo's stock. Their GOGO share price forecasts range from $14.00 to $26.00. On average, they anticipate the company's stock price to reach $20.40 in the next year. This suggests a possible upside of 17.9% from the stock's current price.
View analysts price targets for GOGO
or view top-rated stocks among Wall Street analysts.

How have GOGO shares performed in 2022?

Gogo's stock was trading at $13.53 at the beginning of 2022. Since then, GOGO stock has increased by 27.9% and is now trading at $17.30.
View the best growth stocks for 2022 here
.

When is Gogo's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our GOGO earnings forecast
.

How were Gogo's earnings last quarter?

Gogo Inc. (NASDAQ:GOGO) issued its earnings results on Friday, August, 5th. The technology company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.02. The technology company had revenue of $97.84 million for the quarter, compared to the consensus estimate of $95.26 million. Gogo had a negative trailing twelve-month return on equity of 26.15% and a net margin of 74.01%.

What guidance has Gogo issued on next quarter's earnings?

Gogo updated its FY 2022 earnings guidance on Friday, August, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $400.00 million-$400.00 million, compared to the consensus revenue estimate of $395.85 million.

What is Oakleigh Thorne's approval rating as Gogo's CEO?

32 employees have rated Gogo Chief Executive Officer Oakleigh Thorne on Glassdoor.com. Oakleigh Thorne has an approval rating of 82% among the company's employees.

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."

Who are Gogo's major shareholders?

Gogo's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (2.52%), State Street Corp (1.71%), Capco Asset Management LLC (1.15%), William Blair Investment Management LLC (0.84%), Renaissance Technologies LLC (0.70%) and Sycale Advisors NY LLC (0.55%). Insiders that own company stock include (Equity) Holdings Lp Silver, Charles C Townsend, Hugh W Jones, Jessica Betjemann, John Wade, Marguerite M Elias, Michael P Bayer, Mudrick Capital Management, L, Robert H Mundheim and Robert L Crandall.
View institutional ownership trends
.

How do I buy shares of Gogo?

Shares of GOGO stock 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 $17.30.

How much money does Gogo make?

Gogo (NASDAQ:GOGO) has a market capitalization of $2.23 billion and generates $335.72 million in revenue each year. The technology company earns $152.74 million in net income (profit) each year or $2.03 on an earnings per share basis.

How many employees does Gogo have?

The company 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 the company is www.gogoair.com. The technology company can be reached via phone at (303) 301-3271 or via email at ir@gogoair.com.

This page (NASDAQ:GOGO) was last updated on 8/18/2022 by MarketBeat.com Staff

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