NASDAQ:GOGOGogo Stock Price, Forecast & News

Gogo's stock was trading at $2.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GOGO shares have increased by 39.0% and is now trading at $3.46.
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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, resulting in a consensus recommendation of "Hold."
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Gogo is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Gogo.

Gogo Inc (NASDAQ:GOGO) announced its quarterly earnings data on Monday, August, 10th. The technology company reported ($1.05) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.89) by $0.16. The technology company had revenue of $96.60 million for the quarter, compared to analysts' expectations of $90.34 million. Gogo's quarterly revenue was down 54.8% on a year-over-year basis. During the same period last year, the firm earned ($1.04) earnings per share.
View Gogo's earnings history.

4 brokers have issued 1-year price objectives for Gogo's stock. Their forecasts range from $1.00 to $8.00. On average, they expect Gogo's stock price to reach $4.33 in the next twelve months. This suggests a possible upside of 25.2% from the stock's current price.
View analysts' price targets for Gogo.

News headlines about GOGO stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gogo earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term.
View the latest news about Gogo.

Gogo saw a decline in short interest during the month of July. As of July 31st, there was short interest totaling 20,090,000 shares, a decline of 8.3% from the July 15th total of 21,900,000 shares. Based on an average daily trading volume, of 2,550,000 shares, the short-interest ratio is presently 7.9 days. Currently, 38.8% of the shares of the company are sold short.
View Gogo's Short Interest.

Some companies that are related to Gogo include Boingo Wireless (WIFI), ORBCOMM (ORBC), Remark (MARK), Ayro (AYRO), B Communications (BCOM), Intelsat (INTEQ), RigNet (RNET), Dropcar (DCAR), Lithium Co.. (LTUM), Global Eagle Entertainment (ENT), Plaintree Systems (PTEEF), Directview (DIRV), Towerstream (TWER), China Teletech (CNCT) and RadioIO (RAIO).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Gogo investors own include CA (CA), Endologix (ELGX), Chipotle Mexican Grill (CMG), NVIDIA (NVDA), BlackRock (BLK), Micron Technology (MU), Advanced Micro Devices (AMD), Tesla (TSLA), Twitter (TWTR) and Bank of America (BAC).

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

Gogo's stock is owned by many different retail and institutional investors. Top institutional investors include Bank of America Corp DE (0.93%), Sandell Asset Management Corp. (0.93%), SG Americas Securities LLC (0.74%), Russell Investments Group Ltd. (0.37%), Bank of New York Mellon Corp (0.26%) and Blair William & Co. IL (0.25%). Company insiders that own Gogo stock include Charles C Townsend, Hugh W Jones, Michael P Bayer and Robert H Mundheim.
View institutional ownership trends for Gogo.

GOGO stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Spark Investment Management LLC, Blair William & Co. IL, Goldman Sachs Group Inc., Teton Advisors Inc., Bank of New York Mellon Corp, and Raymond James Financial Services Advisors Inc..
View insider buying and selling activity for Gogo.

GOGO stock was purchased by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Sandell Asset Management Corp., Bank of Montreal Can, UBS Group AG, Russell Investments Group Ltd., Mission Wealth Management LP, California Public Employees Retirement System, and Man Group plc. Company insiders that have bought Gogo stock in the last two years include Charles C Townsend, Hugh W Jones, and Robert H Mundheim.
View insider buying and selling activity 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 $3.46.

Gogo has a market capitalization of $294.32 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]