NASDAQ:GOGO - Gogo Stock Price, Forecast & News

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

Gogo Inc (NASDAQ:GOGO) posted its quarterly earnings results on Thursday, November, 7th. The technology company reported ($0.28) earnings per share for the quarter, beating analysts' consensus estimates of ($0.57) by $0.29. The technology company earned $201.18 million during the quarter, compared to analyst estimates of $206.07 million. The company's revenue for the quarter was down 7.4% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.47) earnings per share. View Gogo's Earnings History.

Gogo is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Gogo.

Gogo updated its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$800-850 million, compared to the consensus revenue estimate of $$830.69 million.

4 brokers have issued 12 month target prices for Gogo's stock. Their forecasts range from $1.50 to $10.00. On average, they anticipate Gogo's stock price to reach $6.17 in the next twelve months. This suggests a possible upside of 13.1% 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 stories about GOGO stock have been trending very positive on Friday, according to InfoTrie Sentiment Analysis. 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 negative five to five, with scores nearest to five being the most favorable. Gogo earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Gogo.

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

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), Twitter (TWTR), NVIDIA (NVDA), Netflix (NFLX) and Transocean (RIG).

Gogo's stock is owned by many different of retail and institutional investors. Top institutional shareholders include First Midwest Bank Trust Division (0.09%), Harbour Capital Advisors LLC (0.04%), Focused Wealth Management Inc (0.03%) and Wedge Capital Management L L P NC (0.02%). Company insiders that own Gogo stock include Charles C Townsend, Hugh W Jones, Michael P Bayer, 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 and Harbour Capital Advisors LLC. View Insider Buying and Selling for Gogo.

GOGO stock was bought by a variety of institutional investors in the last quarter, including Focused Wealth Management Inc and Wedge Capital Management L L P NC. Company insiders that have bought Gogo stock in the last two years include Charles C Townsend, Hugh W Jones, Robert H Mundheim and Thorndale Farm, Inc. 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 $5.45.

Gogo has a market capitalization of $480.46 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]