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With oil prices slumping, OPEC+ producers weigh more production cuts
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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
66,000% upside on tiny biotech? (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterway
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
66,000% upside on tiny biotech? (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterway
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
66,000% upside on tiny biotech? (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterway
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
NASDAQ:GOGO

Gogo (GOGO) Stock Forecast, Price & News

$15.70
+0.34 (+2.21%)
(As of 06/2/2023 ET)
Compare
Today's Range
$15.31
$15.75
50-Day Range
$12.24
$15.70
52-Week Range
$11.57
$21.78
Volume
579,524 shs
Average Volume
527,033 shs
Market Capitalization
$2.02 billion
P/E Ratio
23.09
Dividend Yield
N/A
Price Target
$20.50

Gogo MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
30.6% Upside
$20.50 Price Target
Short Interest
Bearish
7.31% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.33mentions of Gogo in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.25%
From $0.59 to $0.68 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.38 out of 5 stars

Computer And Technology Sector

165th out of 609 stocks

Communication Services, Not Elsewhere Classified Industry

3rd out of 9 stocks


GOGO stock logo

About Gogo (NASDAQ:GOGO) Stock

Gogo, 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.

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GOGO Stock News Headlines

Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
Gogo: The Market Doesn't Get It
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
Gogo (NASDAQ:GOGO) Upgraded by StockNews.com to "Hold"
Gogo (NASDAQ:GOGO) Shares Gap Down to $13.14
StockNews.com Lowers Gogo (NASDAQ:GOGO) to Sell
Gogo Announces $100 Million Debt Prepayment
Gogo (GOGO) to Release Earnings on Wednesday
See More Headlines

GOGO Price History

GOGO Company Calendar

Last Earnings
5/03/2023
Today
6/03/2023
Next Earnings (Estimated)
8/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:GOGO
Fax
N/A
Employees
376
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.50
High Stock Price Forecast
$26.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+30.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$92.06 million
Pretax Margin
25.96%

Debt

Sales & Book Value

Annual Sales
$404.07 million
Cash Flow
$0.87 per share
Book Value
($0.69) per share

Miscellaneous

Free Float
92,325,000
Market Cap
$2.02 billion
Optionable
Optionable
Beta
1.32

Key Executives

  • Oakleigh B. Thorne
    Chairman & Chief Executive Officer
  • Sergio A. Aguirre
    President & Chief Operating Officer
  • Jessica Betjemann
    Chief Financial Officer & Executive Vice President
  • Mike Syverson
    Senior Vice President-Technology & Operations
  • Karen Jackson
    Chief People Experience Officer & Executive VP













GOGO Stock - Frequently Asked Questions

Should I buy or sell Gogo stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research 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 brokers 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 twelve months. This suggests a possible upside of 30.6% 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 beginning of the year. Since then, GOGO shares have increased by 6.4% and is now trading at $15.70.
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 Friday, August 4th 2023.
View our GOGO earnings forecast
.

How were Gogo's earnings last quarter?

Gogo Inc. (NASDAQ:GOGO) issued its quarterly earnings data on Wednesday, May, 3rd. The technology company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.13 by $0.02. The technology company earned $98.60 million during the quarter, compared to analysts' expectations of $101.26 million. Gogo had a negative trailing twelve-month return on equity of 77.87% and a net margin of 22.03%. The business's revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.18 EPS.

What guidance has Gogo issued on next quarter's earnings?

Gogo updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $440.00 million-$455.00 million, compared to the consensus revenue estimate of $443.87 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 investors include BlackRock Inc. (7.38%), FMR LLC (4.20%), State Street Corp (1.70%), William Blair Investment Management LLC (1.03%), Dimensional Fund Advisors LP (0.98%) and Geode Capital Management LLC (0.94%). Insiders that own company stock include (Equity) Holdings Lp Silver, 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 $15.70.

How much money does Gogo make?

Gogo (NASDAQ:GOGO) has a market capitalization of $2.02 billion and generates $404.07 million in revenue each year. The technology company earns $92.06 million in net income (profit) each year or $0.68 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 6/4/2023 by MarketBeat.com Staff

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