NASDAQ:GOGOGogo Stock Price, Forecast & News

Gogo's stock was trading at $2.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GOGO shares have increased by 24.5% and is now trading at $3.10. View which stocks have been most impacted by Coronavirus.

3 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Gogo.

Gogo is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Gogo.

Gogo Inc (NASDAQ:GOGO) released its quarterly earnings data on Monday, May, 11th. The technology company reported ($0.47) EPS for the quarter, missing the Zacks' consensus estimate of ($0.37) by $0.10. The technology company earned $184.50 million during the quarter, compared to the consensus estimate of $167.44 million. The firm's quarterly revenue was down 7.6% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.21) EPS. View Gogo's earnings history.

3 brokerages have issued 12 month price objectives for Gogo's stock. Their forecasts range from $1.00 to $2.00. On average, they anticipate Gogo's stock price to reach $1.50 in the next year. This suggests that the stock has a possible downside of 51.6%. View analysts' price targets for Gogo.

Headlines about GOGO stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. 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 coverage optimism score of -2.5 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company's share price in the near term. View the latest news about Gogo.

Some companies that are related to Gogo include Calix (CALX), Boingo Wireless (WIFI), ORBCOMM (ORBC), Remark (MARK), B Communications (BCOM), Intelsat (INTEQ), Ayro (AYRO), RigNet (RNET), Dropcar (DCAR), Global Eagle Entertainment (ENT), Lithium Co.. (LTUM), Plaintree Systems (PTEEF), Towerstream (TWER), Directview (DIRV) and China Teletech (CNCT). View all competitors.

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

Gogo trades on the NASDAQ under the ticker symbol "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 $3.10.

Gogo has a market capitalization of $259.84 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]