NASDAQ:GOGO Gogo (GOGO) Stock Price, News & Analysis $7.24 -0.21 (-2.82%) (As of 09/13/2024 ET) Add Compare Share Share Today's Range$6.97▼$7.4350-Day Range$6.90▼$9.7852-Week Range$6.78▼$12.75Volume2.01 million shsAverage Volume897,632 shsMarket Capitalization$919.12 millionP/E Ratio6.19Dividend YieldN/APrice Target$12.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Gogo alerts: Email Address Gogo MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside77.3% Upside$12.83 Price TargetShort InterestBearish18.70% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.15Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth42.86%From $0.35 to $0.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.82 out of 5 starsComputer And Technology Sector219th out of 598 stocksCommunication Services, Not Elsewhere Classified Industry3rd out of 9 stocks 3.2 Analyst's Opinion Consensus RatingGogo has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageGogo has only been the subject of 2 research reports in the past 90 days.Read more about Gogo's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted18.70% of the float of Gogo has been sold short.Short Interest Ratio / Days to CoverGogo has a short interest ratio ("days to cover") of 12.5, which indicates bearish sentiment.Change versus previous monthShort interest in Gogo has recently decreased by 22.06%, 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 2.9 News and Social Media Coverage News SentimentGogo has a news sentiment score of 1.15. 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 higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Gogo this week, compared to 6 articles on an average week.Search Interest13 people have searched for GOGO on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Gogo to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% 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 Insiders26.00% 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 Institutions69.60% of the stock of Gogo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Gogo's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Gogo are expected to grow by 42.86% in the coming year, from $0.35 to $0.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gogo is 6.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Gogo is 6.19, 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 267.05.Price to Book Value per Share RatioGogo has a P/B Ratio of 22.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Gogo's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…Go here now to watch my new documentary About Gogo Stock (NASDAQ:GOGO)Gogo Inc., together with its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company's product platform includes networks, antennas, and airborne equipment and software. It offers in-flight systems; in-flight services; aviation partner support; and engineering, design, and development services, as well as production operations functions. The company offers voice and data, in-flight entertainment, and other services. In addition, it engages in the development, deployment, and operation of networks, towers, and data center infrastructure to support in-flight connectivity services, as well as in the provision of telecommunications connections to the internet. The company sells its products primarily to aircraft operators and original equipment manufacturers of business aviation aircraft through a distribution network of independent dealers. Gogo Inc. was founded in 1991 and is headquartered in Broomfield, Colorado. As of May 2024, Gogo Inc. claims that "Gogo is the only company in North America with a complete, certified airborne 5G network, meaning that all components within the network (including onboard equipment) are 5G native."Read More GOGO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GOGO Stock News HeadlinesSeptember 11 at 7:01 AM | prnewswire.comGogo Galileo HDX Takes Flight; First Installation Complete on Challenger 300September 6, 2024 | finance.yahoo.comInsider Stock Buying Reaches US$2.77m On GogoSeptember 14, 2024 | Porter & Company (Ad)We recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…September 4, 2024 | americanbankingnews.comGogo (NASDAQ:GOGO) Price Target Lowered to $11.00 at Morgan StanleyAugust 26, 2024 | prnewswire.comGogo and Skyservice Business Aviation Developing Extensive 5G STC PortfolioAugust 20, 2024 | seekingalpha.comGogo Q2 2024: Well Positioned To Soar On TailwindsAugust 10, 2024 | finance.yahoo.comEarnings Miss: Gogo Inc. Missed EPS By 85% And Analysts Are Revising Their ForecastsAugust 7, 2024 | markets.businessinsider.comGogo Q2 Earnings Miss Street; Slashes Annual Revenue OutlookSeptember 14, 2024 | Porter & Company (Ad)We recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…August 7, 2024 | seekingalpha.comGogo Inc. (GOGO) Q2 2024 Earnings Call TranscriptAugust 7, 2024 | prnewswire.comGogo Announces Second Quarter ResultsAugust 1, 2024 | prnewswire.comGogo and Duncan Aviation Collaborate to Expand 5G STC PortfolioJuly 24, 2024 | prnewswire.comGogo Appoints Monte Koch, Chair Emeritus of the NBAA, to Board of DirectorsJuly 19, 2024 | prnewswire.comGogo Inc. to Report Second Quarter 2024 Financial Results on August 7, 2024June 27, 2024 | prnewswire.comGogo AVANCE Operators Unlock New Efficiencies With Over-the-Air System UpdatesJune 6, 2024 | prnewswire.comSkyservice Business Aviation Builds Gogo AVANCE Center of ExcellenceJune 6, 2024 | seekingalpha.comGogo: A Fair Price Considering Its RisksMay 28, 2024 | prnewswire.comGogo Galileo European STC Portfolio ExpandingSee More Headlines 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 Company Calendar Last Earnings8/07/2024Today9/14/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Communication services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:GOGO Previous SymbolNASDAQ:GOGO CUSIPN/A CIK1537054 Webwww.gogoair.com Phone(303) 301-3271FaxN/AEmployees457Year FoundedN/APrice Target and Rating Average Stock Price Target$12.83 High Stock Price Target$17.50 Low Stock Price Target$10.00 Potential Upside/Downside+77.3%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.17 Trailing P/E Ratio6.19 Forward P/E Ratio20.69 P/E GrowthN/ANet Income$145.68 million Net Margins16.59% Pretax Margin22.16% Return on Equity145.01% Return on Assets8.66% Debt Debt-to-Equity Ratio11.25 Current Ratio3.95 Quick Ratio3.16 Sales & Book Value Annual Sales$397.58 million Price / Sales2.31 Cash Flow$0.76 per share Price / Cash Flow9.48 Book Value$0.32 per share Price / Book22.63Miscellaneous Outstanding Shares126,950,000Free Float94,058,000Market Cap$919.12 million OptionableOptionable Beta1.11 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Oakleigh Thorne (Age 66)Chairman & CEO Comp: $1.05MMr. Sergio A. Aguirre (Age 60)President & COO Comp: $606.65kMs. Jessica G. Betjemann (Age 52)Executive VP & CFO Comp: $517.51kMs. Crystal L. Gordon (Age 45)Executive VP, General Counsel & Secretary Comp: $823.61kMr. Leigh Goldfine (Age 46)VP, Controller & Chief Accounting Officer Mr. William G. Davis Jr. (Age 51)Vice President of Investor Relations Ms. Melissa HaleSenior Vice President of Product & MarketingMr. Andrew E. GeistSenior Vice President of Business Aviation SolutionsMr. Gustavo NaderChief Strategy OfficerMr. Anand K. Chari (Age 57)Strategic Technology Advisor Comp: $618.28kMore ExecutivesKey CompetitorsORBCOMMNASDAQ:ORBCBoingo WirelessNASDAQ:WIFIViasatNASDAQ:VSATCogent CommunicationsNASDAQ:CCOICalixNYSE:CALXView All CompetitorsInsiders & InstitutionsPoint72 Asset Management L.P.Bought 6,900 shares on 8/19/2024Ownership: 0.024%Algert Global LLCBought 43,910 shares on 8/16/2024Ownership: 0.035%Millennium Management LLCBought 130,344 shares on 8/15/2024Ownership: 0.641%AQR Capital Management LLCBought 11,277 shares on 8/15/2024Ownership: 0.009%Point72 Asia Singapore Pte. Ltd.Bought 11,165 shares on 8/15/2024Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions GOGO Stock Analysis - Frequently Asked Questions How have GOGO shares performed this year? Gogo's stock was trading at $10.13 at the beginning of 2024. Since then, GOGO shares have decreased by 28.5% and is now trading at $7.24. View the best growth stocks for 2024 here. How were Gogo's earnings last quarter? Gogo Inc. (NASDAQ:GOGO) issued its quarterly earnings data on Wednesday, August, 7th. The technology company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.06. The business's revenue for the quarter was down 1.1% compared to the same quarter last year. Who are Gogo's major shareholders? Top institutional investors of Gogo include Burgundy Asset Management Ltd. (2.45%), Capco Asset Management LLC (1.95%), William Blair Investment Management LLC (1.63%) and LB Partners LLC (1.43%). Insiders that own company stock include Charles C Townsend, Marguerite M Elias, Karen Jackson, Jessica Betjemann and Harris N Williams. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Gogo own? Based on aggregate information from My MarketBeat watchlists, some other companies that Gogo investors own include Xtrackers California Municipal Bond ETF (CA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Tesla (TSLA), Endologix (ELGX) and Chipotle Mexican Grill (CMG). This page (NASDAQ:GOGO) was last updated on 9/14/2024 by MarketBeat.com Staff From Our PartnersWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…Porter & Company | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsored44-year Wall Street Vet: “Permanent devastation is coming to America”After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. B...InvestorPlace | SponsoredInvest before this deal closes on 9/18This company can create aviation fuels from waste, they qualify to help airlines meet net-zero carbon pledges ...Deal Maker | SponsoredWhy Institutions Are Bullish on BitcoinThe recent dip in the crypto market might be stressful… But it also presents a tremendous opportunity for s...Crypto 101 Media | Sponsored Turn Smartphones Into “Earnphones”?High-Growth Smartphone Startup 45 Million Users. $60M+ in Revenue. 32,481% Growth Rate. $1T+ market opportu...Mode Mobile | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredUnlock the Secret to Easy Wins with Iron CondorsDiscover the power of Iron Condor trades – a low-risk, high-reward strategy that allows you to profit consiste...Netpicks | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. Share Gogo With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. 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: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 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.
Free gogo Stock Alerts