NASDAQ:GOGO Gogo - GOGO Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Gogo Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $16.66 -0.74 (-4.25%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$16.59▼$17.2050-Day Range$13.84▼$17.4052-Week Range$11.57▼$23.69Volume952,137 shsAverage Volume477,454 shsMarket Capitalization$2.12 billionP/E Ratio7.93Dividend YieldN/APrice Target$20.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Gogo MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside20.0% Upside$20.00 Price TargetShort InterestBearish17.40% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.32Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-3.23%From $0.62 to $0.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.63 out of 5 starsComputer And Technology Sector498th out of 610 stocksCommunication Services, Not Elsewhere Classified Industry7th out of 8 stocks 2.0 Analyst's Opinion Consensus RatingGogo has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.00, Gogo has a forecasted upside of 20.0% from its current price of $16.66.Amount of Analyst CoverageGogo has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted17.40% of the float of Gogo has been sold short.Short Interest Ratio / Days to CoverGogo has a short interest ratio ("days to cover") of 13.7, which indicates bearish sentiment.Change versus previous monthShort interest in Gogo has recently decreased by 1.72%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldGogo does not currently pay a dividend.Dividend GrowthGogo does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GOGO. Previous Next 1.8 News and Social Media Coverage News SentimentGogo has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Gogo this week, compared to 3 articles on an average week.Search Interest10 people have searched for GOGO on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Gogo to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gogo insiders have not sold or bought any company stock.Percentage Held by Insiders28.20% of the stock of Gogo is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions64.41% of the stock of Gogo is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Gogo are expected to decrease by -3.23% in the coming year, from $0.62 to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gogo is 7.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Gogo is 7.93, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 361.14. Previous Next See Top Rated MarketRank™ Stocks Here About Gogo (NASDAQ:GOGO) StockGogo, Inc. engages in the provision of broadband connectivity services for the business aviation market. It offers a broad suite of integrated equipment, network, and Internet connectivity products and services as well as global support capabilities. It also includes a customizable suite of smart cabin systems for highly integrated connectivity, in-flight entertainment, and voice solutions. The company was founded by Jimmy Ray in 1991 and is headquartered in Broomfield, CO.Read More Receive GOGO Stock 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. Email Address GOGO Stock News HeadlinesFebruary 1, 2023 | msn.comHow Does In-Flight Wi-Fi Work, Anyway?February 1, 2023 | tmcnet.comGogo Overcomes Critical Design Review of 5G ChipFebruary 4, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 25, 2023 | finance.yahoo.comGogo 5G Chip Passes Critical ReviewJanuary 19, 2023 | msn.comThe story of Newcastle's legendary 1960s Club a'Gogo nightspot is told in a new bookJanuary 17, 2023 | finance.yahoo.comJet It to Expand Gogo AVANCE L3 FleetwideJanuary 15, 2023 | marketwatch.comApplesauce Market Market Size 2023 Industry Analysis, Key Players, Regional Demand, Opportunity and Forecast 2028November 26, 2022 | americanbankingnews.comGogo (NASDAQ:GOGO) Upgraded at StockNews.comFebruary 4, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.November 15, 2022 | finance.yahoo.comBreaking Down Gogo Stock's Unusual Options ActivityNovember 8, 2022 | finance.yahoo.comGogo Third Quarter 2022 Earnings: Beats ExpectationsNovember 3, 2022 | finance.yahoo.comWall Street Analysts Predict a 41% Upside in Gogo (GOGO): Here's What You Should KnowNovember 3, 2022 | finance.yahoo.comGogo (GOGO) Q3 Earnings and Revenues Top EstimatesNovember 3, 2022 | finance.yahoo.comGogo Clocks 21% Revenue Growth In Q3 Backed By Record AVANCE Equipment ShipmentsNovember 3, 2022 | finance.yahoo.comGogo Announces Record Third Quarter Results and Raises 2022 GuidanceNovember 2, 2022 | finance.yahoo.comGogo Appoints Crystal Gordon as Executive Vice President, General Counsel and SecretaryOctober 25, 2022 | nasdaq.comNoteworthy Monday Option Activity: GOGO, CVX, JBLUOctober 21, 2022 | finance.yahoo.comGogo to Attend Fourth Quarter Financial ConferencesOctober 20, 2022 | streetinsider.comGogo Inc. to Report Third Quarter 2022 Financial Results on November 3, 2022 - StreetInsider.comOctober 20, 2022 | finance.yahoo.comGogo Inc. to Report Third Quarter 2022 Financial Results on November 3, 2022October 19, 2022 | cnbc.comSpaceX rolls out Starlink aviation product for satellite internet to private jets - CNBCOctober 17, 2022 | forbes.comPeloton's Financial Troubles Have Users Fearing Loss Of Instructors Pushing Them To Go! Go! Go! - ForbesOctober 16, 2022 | finance.yahoo.comGogo Inc.'s (NASDAQ:GOGO) Intrinsic Value Is Potentially 83% Above Its Share PriceOctober 14, 2022 | bizjournals.comTBJ Plus: RTP aviation firm battles Goliath; Cary student highlighted; NC shark fishing tournament canceled - The Business JournalsOctober 10, 2022 | investorplace.com3 Reddit Stocks That Are Too Cheap to Ignore - InvestorPlaceOctober 7, 2022 | nasdaq.comAnalysts See 33% Gains Ahead For IJR - NasdaqOctober 6, 2022 | usatoday.comDeSantis' Ian response should be our focus, not his boots - USA TODAYSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GOGO Stock 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. Email Address GOGO Company Calendar Last Earnings11/04/2021Today2/04/2023Next Earnings (Estimated)3/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Communication services, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:GOGO CUSIPN/A CIK1537054 Webwww.gogoair.com Phone(303) 301-3271FaxN/AEmployees376Year FoundedN/APrice Target and Rating Average Stock Price Forecast$20.00 High Stock Price Forecast$26.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+20.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.10 Trailing P/E Ratio7.93 Forward P/E Ratio26.87 P/E GrowthN/ANet Income$152.74 million Net Margins72.93% Pretax Margin24.85% Return on Equity-39.26% Return on Assets12.34% Debt Debt-to-Equity RatioN/A Current Ratio3.73 Quick Ratio3.13 Sales & Book Value Annual Sales$335.72 million Price / Sales6.32 Cash Flow$0.45 per share Price / Cash Flow36.81 Book Value($2.89) per share Price / Book-5.76Miscellaneous Outstanding Shares127,270,000Free Float91,380,000Market Cap$2.12 billion OptionableOptionable Beta1.33 Key ExecutivesOakleigh B. ThorneChairman & Chief Executive OfficerSergio A. AguirrePresident & Chief Operating OfficerBarry L. RowanChief Financial Officer & Executive Vice PresidentKaren JacksonChief People Experience Officer & Executive VPCrystal L. GordonSecretary, Executive VP & General CounselKey CompetitorsEchoStarNASDAQ:SATSAST SpaceMobileNASDAQ:ASTSCogent CommunicationsNASDAQ:CCOICalixNYSE:CALXLiberty Latin AmericaNASDAQ:LILAView All CompetitorsInsiders & InstitutionsOLD National Bancorp INSold 11,221 shares on 2/3/2023Ownership: 0.025%New York State Teachers Retirement SystemSold 6,902 shares on 1/27/2023Ownership: 0.039%Exchange Traded Concepts LLCBought 4,196 shares on 1/27/2023Ownership: 0.008%Comerica BankSold 12,170 shares on 1/26/2023Ownership: 0.030%Allspring Global Investments Holdings LLCSold 6,836 shares on 1/23/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions GOGO Stock - Frequently Asked Questions Should I buy or sell Gogo stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last twelve months. There are currently 2 hold 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 2023? 2 Wall Street analysts have issued 1 year price targets for Gogo's stock. Their GOGO share price forecasts range from $15.00 to $26.00. On average, they predict the company's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 20.0% 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 2023? Gogo's stock was trading at $14.76 on January 1st, 2023. Since then, GOGO stock has increased by 12.9% and is now trading at $16.66. View the best growth stocks for 2023 here. When is Gogo's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, March 2nd 2023. View our GOGO earnings forecast. How were Gogo's earnings last quarter? Gogo Inc. (NASDAQ:GOGO) released its quarterly earnings data on Thursday, November, 4th. The technology company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.08. The technology company earned $87.20 million during the quarter, compared to the consensus estimate of $84.25 million. Gogo had a net margin of 72.93% and a negative trailing twelve-month return on equity of 39.26%. The firm's quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.11) EPS. What guidance has Gogo issued on next quarter's earnings? Gogo issued an update on its FY 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $395.00 million-$405.00 million, compared to the consensus revenue estimate of $399.50 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 shareholders include Tealwood Asset Management Inc. (0.11%), Wolverine Asset Management LLC (0.00%), New York State Teachers Retirement System (0.04%), Yousif Capital Management LLC (0.03%), Comerica Bank (0.03%) and OLD National Bancorp IN (0.02%). Insiders that own company stock include (Equity) Holdings Lp Silver, Charles C Townsend, Jessica Betjemann, John Wade, Marguerite M Elias, Michael P Bayer, Mudrick Capital Management, L 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 $16.66. How much money does Gogo make? Gogo (NASDAQ:GOGO) has a market capitalization of $2.12 billion and generates $335.72 million in revenue each year. The technology company earns $152.74 million in net income (profit) each year or $2.10 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 2/4/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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