NASDAQ:GOGOGogo Stock Price, Forecast & News

Gogo's stock was trading at $2.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GOGO stock has decreased by 16.5% and is now trading at $2.08. 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) posted its quarterly earnings data on Monday, May, 11th. The technology company reported ($0.47) earnings per share for the quarter, missing the consensus estimate of ($0.37) by $0.10. The technology company had revenue of $184.50 million for the quarter, compared to analyst estimates 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 firm posted ($0.21) EPS. View Gogo's earnings history.

3 analysts have issued twelve-month price objectives for Gogo's shares. Their forecasts range from $1.00 to $2.00. On average, they anticipate Gogo's share price to reach $1.50 in the next twelve months. This suggests that the stock has a possible downside of 27.9%. View analysts' price targets for Gogo.

Headlines about GOGO stock have trended somewhat negative this week, according to InfoTrie. The research firm ranks the sentiment of media coverage by analyzing 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 -1.4 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutGogo.

Some companies that are related to Gogo include Boingo Wireless (WIFI), ORBCOMM (ORBC), Remark (MARK), B Communications (BCOM), Intelsat (I), RigNet (RNET), Lithium Co.. (LTUM), Global Eagle Entertainment (ENT), Dropcar (DCAR), Plaintree Systems (PTEEF), Directview (DIRV), China Teletech (CNCT), Towerstream (TWER) and RadioIO (RAIO). 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."

Gogo's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Mudrick Capital Management L.P. (10.42%), Morgan Stanley (4.34%), Morgan Stanley (4.34%), BlackRock Inc. (4.26%), Tenzing Global Management LLC (1.67%) and State Street Corp (1.31%). Company insiders that own Gogo stock include Charles C Townsend, Hugh W Jones, Michael P Bayer, Robert H Mundheim and Thorndale Farm, Inc. View institutional ownership trends for Gogo.

GOGO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Tenzing Global Management LLC, New York State Common Retirement Fund, Two Sigma Advisers LP, Frontier Capital Management Co. LLC, Hodges Capital Management Inc., Spark Investment Management LLC, and Engineers Gate Manager LP. View insider buying and selling activity for Gogo.

GOGO stock was purchased by a variety of institutional investors in the last quarter, including Mudrick Capital Management L.P., Morgan Stanley, Morgan Stanley, First Midwest Bank Trust Division, Nuveen Asset Management LLC, SG Americas Securities LLC, Acadian Asset Management LLC, and Premier Asset Management LLC. Company insiders that have bought Gogo stock in the last two years include Charles C Townsend, Hugh W Jones, Robert H Mundheim, and Thorndale Farm, Inc. 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 $2.08.

Gogo has a market capitalization of $174.35 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]