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. $13.98 -0.20 (-1.41%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$13.81▼$14.3650-Day Range$13.98▼$17.4052-Week Range$11.57▼$23.69Volume303,691 shsAverage Volume619,305 shsMarket Capitalization$1.79 billionP/E Ratio19.69Dividend YieldN/APrice Target$20.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Gogo MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside46.6% Upside$20.50 Price TargetShort InterestHealthy6.05% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth28.81%From $0.59 to $0.76 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.2.60 out of 5 starsComputer And Technology Sector101st out of 604 stocksCommunication Services, Not Elsewhere Classified Industry2nd out of 9 stocks 3.0 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, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.50, Gogo has a forecasted upside of 46.6% from its current price of $13.98.Amount of Analyst CoverageGogo has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted6.05% of the float of Gogo has been sold short.Short Interest Ratio / Days to CoverGogo has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in Gogo has recently decreased by 40.23%, indicating that investor sentiment is improving significantly. 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 0.31. 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 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Gogo this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for GOGO on MarketBeat in the last 30 days. This is a decrease of -89% compared to the previous 30 days.MarketBeat Follows4 people have added Gogo to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Gogo are expected to grow by 28.81% in the coming year, from $0.59 to $0.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gogo is 19.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.50.Price to Earnings Ratio vs. SectorThe P/E ratio of Gogo is 19.69, 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 336.82. 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. 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 HeadlinesMarch 13, 2023 | msn.comGusii FC misses chance to close gap on Shabana after drawMarch 13, 2023 | marketwatch.comApplesauce Market Application, Product, Sales and Forecast 2023-2028March 25, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastMarch 13, 2023 | msn.comWoman and ‘companion’ in court after attempted murder of 75-year-old gogo, and murder of her 11-year-old grandchildMarch 9, 2023 | finance.yahoo.comGogo Inc. (NASDAQ:GOGO) Q4 2022 Earnings Call TranscriptMarch 8, 2023 | finance.yahoo.comWhy Investors Are Cheering Gogo's Q4 Performance?March 3, 2023 | msn.comCaught in the act: community members find 28-year-old man raping 70-year-old gogoFebruary 28, 2023 | finance.yahoo.comGogo Announces Record Fourth Quarter and 2022 Results, Provides 2023 Guidance and Updates Long-Term TargetsMarch 25, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …February 27, 2023 | finance.yahoo.comIs It Time To Consider Buying Gogo Inc. (NASDAQ:GOGO)?February 21, 2023 | finance.yahoo.comSmartSky Patent Portfolio Expands to Protect Industry Leading InnovationsFebruary 15, 2023 | finance.yahoo.comGogo Inc. to Report Fourth Quarter 2022 Financial Results on February 28, 2023February 14, 2023 | finance.yahoo.comBetjemann Promoted to Chief Financial Officer for GogoFebruary 1, 2023 | msn.comHow Does In-Flight Wi-Fi Work, Anyway?February 1, 2023 | tmcnet.comGogo Overcomes Critical Design Review of 5G ChipJanuary 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.comNovember 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 SecretarySee 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 Earnings2/28/2023Today3/25/2023Next Earnings (Estimated)5/04/2023Fiscal 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$20.50 High Stock Price Forecast$26.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+46.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.71 Trailing P/E Ratio19.69 Forward P/E Ratio23.69 P/E GrowthN/ANet Income$92.06 million Net Margins22.78% Pretax Margin26.16% Return on Equity-56.06% Return on Assets12.71% Debt Debt-to-Equity RatioN/A Current Ratio3.84 Quick Ratio3.26 Sales & Book Value Annual Sales$404.07 million Price / Sales4.43 Cash Flow$0.79 per share Price / Cash Flow17.77 Book Value($0.80) per share Price / Book-17.48Miscellaneous Outstanding Shares127,910,000Free Float91,839,000Market Cap$1.79 billion OptionableOptionable Beta1.32 Key ExecutivesOakleigh B. ThorneChairman & Chief Executive OfficerSergio A. AguirrePresident & Chief Operating OfficerJessica BetjemannChief Financial Officer & Executive Vice PresidentMike SyversonSenior Vice President-Technology & OperationsKaren JacksonChief People Experience Officer & Executive VPKey CompetitorsGlobalstarNYSE:GSATEchoStarNASDAQ:SATSAST SpaceMobileNASDAQ:ASTSCogent CommunicationsNASDAQ:CCOICalixNYSE:CALXView All CompetitorsInsiders & InstitutionsState of WyomingBought 3,149 shares on 2/16/2023Ownership: 0.010%Ewing Morris & Co. Investment Partners Ltd.Sold 1,281 shares on 2/15/2023Ownership: 0.526%Legal & General Group PlcBought 3,881 shares on 2/15/2023Ownership: 0.122%State of Wisconsin Investment BoardSold 2,175 shares on 2/15/2023Ownership: 0.038%AQR Capital Management LLCBought 1,863 shares on 2/15/2023Ownership: 0.029%View All Insider TransactionsView All Institutional Transactions GOGO Stock - Frequently Asked Questions Should I buy or sell Gogo stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last year. There are currently 1 hold rating 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? 1 Wall Street analysts have issued 1 year price objectives for Gogo's shares. Their GOGO share price forecasts range from $15.00 to $26.00. On average, they predict the company's stock price to reach $20.50 in the next year. This suggests a possible upside of 46.6% 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 at the start of the year. Since then, GOGO stock has decreased by 5.3% and is now trading at $13.98. 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, May 4th 2023. View our GOGO earnings forecast. How were Gogo's earnings last quarter? Gogo Inc. (NASDAQ:GOGO) posted its earnings results on Tuesday, February, 28th. The technology company reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.06. The technology company earned $108.16 million during the quarter, compared to analysts' expectations of $107.16 million. Gogo had a negative trailing twelve-month return on equity of 56.06% and a net margin of 22.78%. The business's quarterly revenue was up 17.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.17 EPS. What ETFs hold Gogo's stock? ETFs with the largest weight of Gogo (NASDAQ:GOGO) stock in their portfolio include Roundhill IO Digital Infrastructure ETF (BYTE), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), SPDR S&P Telecom ETF (XTL), Invesco DWA Technology Momentum ETF (PTF), Syntax Stratified SmallCap ETF (SSLY), First Trust Small Cap Growth AlphaDEX Fund (FYC), Invesco S&P SmallCap Momentum ETF (XSMO) and JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE). What guidance has Gogo issued on next quarter's earnings? Gogo issued an update on its FY 2023 earnings guidance on Tuesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $440.00 million-$455.00 million, compared to the consensus revenue estimate of $449.62 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 a variety of retail and institutional investors. Top institutional investors include Lord Abbett & CO. LLC (1.88%), Capco Asset Management LLC (1.11%), William Blair Investment Management LLC (0.96%), Geode Capital Management LLC (0.91%), Millennium Management LLC (0.85%) and Schonfeld Strategic Advisors LLC (0.76%). 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 $13.98. How much money does Gogo make? Gogo (NASDAQ:GOGO) has a market capitalization of $1.79 billion and generates $404.07 million in revenue each year. The technology company earns $92.06 million in net income (profit) each year or $0.71 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 3/25/2023 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.