NASDAQ:GOGOGogo Stock Price, Forecast & News

Gogo's stock was trading at $2.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GOGO shares have increased by 24.9% and is now trading at $3.11. 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) issued its earnings results on Monday, May, 11th. The technology company reported ($0.47) EPS for the quarter, missing analysts' consensus estimates of ($0.37) by $0.10. The technology company earned $184.50 million during the quarter, compared to analysts' expectations of $167.44 million. The firm's quarterly revenue was down 7.6% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.21) earnings per share. View Gogo's earnings history.

3 analysts have issued 1 year price objectives for Gogo's shares. Their forecasts range from $1.00 to $2.00. On average, they expect Gogo's share price to reach $1.50 in the next twelve months. This suggests that the stock has a possible downside of 51.8%. View analysts' price targets for Gogo.

News stories about GOGO stock have trended very negative on Thursday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Gogo earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely 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), Global Eagle Entertainment (ENT), Dropcar (DCAR), 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 $3.11.

Gogo has a market capitalization of $260.68 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]