Gogo Inc. (GOGO)

NASDAQ: GOGO · Real-Time Price · USD
7.50
-0.60 (-7.41%)
Dec 3, 2024, 11:52 AM EST - Market open
-7.41%
Market Cap 943.34M
Revenue (ttm) 404.72M
Net Income (ttm) 56.43M
Shares Out 125.78M
EPS (ttm) 0.43
PE Ratio 17.46
Forward PE 24.94
Dividend n/a
Ex-Dividend Date n/a
Volume 846,776
Open 7.97
Previous Close 8.10
Day's Range 7.43 - 8.08
52-Week Range 6.17 - 11.17
Beta 1.15
Analysts Buy
Price Target 12.17 (+62.27%)
Earnings Date Nov 5, 2024

About 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, deployme... [Read more]

IPO Date Jun 21, 2013
Employees 457
Stock Exchange NASDAQ
Ticker Symbol GOGO
Full Company Profile

Financial Performance

In 2023, Gogo Inc.'s revenue was $397.58 million, a decrease of -1.61% compared to the previous year's $404.07 million. Earnings were $145.68 million, an increase of 58.54%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for GOGO stock is "Buy." The 12-month stock price forecast is $12.17, which is an increase of 62.27% from the latest price.

Price Target
$12.17
(62.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Gogo: Quite Undervalued Despite Gogo 5G Introduction

Gogo Inc. is launching Gogo 5G in Q4 2024, which is expected to drive significant revenue and EPS growth in 2025 and 2026. Recent acquisitions and reduced debt levels may enhance future free cash flow...

25 days ago - Seeking Alpha

Gogo Inc. (GOGO) Q3 2024 Earnings Call Transcript

Gogo Inc. (NASDAQ:GOGO) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Will Davis - Vice President of Investor Relations Oakleigh Thorne - Chairman & Chief Executiv...

27 days ago - Seeking Alpha

Gogo Announces Third Quarter Results

Total Revenue of $100.5 million, up 3% Year-over-Year; Third Quarter Service Revenue of $81.9 million, up 3% Year-over-Year Q3 Net Income of $10.6 million; Adjusted EBITDA (1) of $34.8 million Updates...

4 weeks ago - PRNewsWire

Gogo Galileo HDX Antenna Passes FAA-Mandated DO-160 Qualification Testing

BROOMFIELD, Colo. , Nov. 4, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) announced today that its Gogo Galileo HDX electronically steerable antenna (ESA), designed to provide access to L...

Other symbols: SATS
4 weeks ago - PRNewsWire

Wheels Up Selects Gogo Galileo HDX Fleetwide

LAS VEGAS , Oct. 22, 2024 /PRNewswire/ -- (NBAA-BACE, booth 1601) – Wheels Up has reached an agreement with Gogo Business Aviation (NASDAQ: GOGO) to add Gogo Galileo HDX, the company's Low Earth Orbit...

5 weeks ago - PRNewsWire

Textron Aviation Selects Gogo Galileo HDX for Factory Installation on Cessna Citation Longitude, Latitude and Ascend

Textron Aviation is the First Business Aviation OEM to Announce Production Use of Gogo Galileo HDX LAS VEGAS , Oct. 22, 2024 /PRNewswire/ --  (NBAA-BACE, booth 1601) – Gogo Business Aviation (NASDAQ: ...

Other symbols: TXT
6 weeks ago - PRNewsWire

Skyservice™ Announces Development of Gogo Galileo HDX STC for Gulfstream G280

MISSISSAUGA, ON , Oct. 17, 2024 /PRNewswire/ - Skyservice Business Aviation ("Skyservice" or "the Company") is pleased to announce it will develop a Supplemental Type Certificate (STC) to implement Go...

6 weeks ago - PRNewsWire

10 small-cap stocks selected by digging deep for quality

David Trainer explains how New Constructs incorporates decades of information buried in companies' financial statement notes, for “better” calculations of returns on invested capital

7 weeks ago - Market Watch

Gogo Galileo Tour Launches Nationwide

State-of-the-Art Mobile Demo Room Coming to a City Near You BROOMFIELD, Colo. , Oct. 15, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) is launching a nationwide tour bringing its interact...

7 weeks ago - PRNewsWire

Gogo Receiving Unprecedented Demand for Gogo Galileo HDX

Production More Than Doubled to Meet Sales Projections BROOMFIELD, Colo. , Oct. 14, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) is seeing unprecedented demand for Gogo Galileo HDX, the ...

7 weeks ago - PRNewsWire

Gogo to Acquire Satcom Direct

Establishes the only multi-orbit, multi-band, global in-flight connectivity provider serving the fast-growing business aviation and military/government mobility markets Immediately accretive transacti...

2 months ago - PRNewsWire

Gogo Secures 25 STC Contracts for Gogo Galileo HDX

Gogo's Global Dealer Network to Develop STCs Covering Virtually Every Business Aircraft Make and Model BROOMFIELD, Colo. , Sept. 26, 2024 /PRNewswire/ -- Gogo Business Aviation's (NASDAQ: GOGO) dealer...

2 months ago - PRNewsWire

Gogo Business Aviation and Airshare Announce Multi-Year Agreement to Provide Upgraded Connectivity

Agreement Includes Options to Install Gogo AVANCE, Gogo 5G and Gogo Galileo BROOMFIELD, Colo. , Sept. 16, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) and Airshare – one of the fastest-g...

2 months ago - PRNewsWire

Gogo Galileo HDX Takes Flight; First Installation Complete on Challenger 300

Gogo Galileo Marches Toward Commercial Launch  with Installation and Flight Testing BROOMFIELD, Colo. , Sept. 11, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO), in conjunction with Duncan...

2 months ago - PRNewsWire

Gogo and Skyservice Business Aviation Developing Extensive 5G STC Portfolio

Gulfstream G280 and Embraer Legacy 450/500 TCCA STC Issued; Securing FAA Validations for Three Additional Aircraft Models BROOMFIELD, Colo. , Aug. 26, 2024 /PRNewswire/ -- Gogo Business Aviation (NASD...

3 months ago - PRNewsWire

Gogo Q2 2024: Well Positioned To Soar On Tailwinds

Gogo, Inc. revisited in light of Q2 earnings and SmartSky's closing. Gogo's service business continues to grow, demographic trends favor private jet ownership. Maintaining strong buy rating with price...

3 months ago - Seeking Alpha

Gogo Announces Second Quarter Results

Total Revenue of $102.1 million, down 1% Year-over-Year; Record Second Quarter Service Revenue of $81.9 million, up 4% Year-over-Year Q2 Net Income of $0.8 million; Adjusted EBITDA (1) of $30.4 millio...

4 months ago - PRNewsWire

Gogo and Duncan Aviation Collaborate to Expand 5G STC Portfolio

Installation for Bombardier Learjet Series Aircraft STC Led by Duncan Aviation-Houston Satellite BROOMFIELD, Colo. , Aug. 1, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced ...

4 months ago - PRNewsWire

Gogo Appoints Monte Koch, Chair Emeritus of the NBAA, to Board of Directors

BROOMFIELD, Colo. , July 24, 2024 /PRNewswire/ -- The Board of Directors of Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company") today announced the appointment of Monte Koch as a member of the Board, e...

4 months ago - PRNewsWire

Gogo Inc. to Report Second Quarter 2024 Financial Results on August 7, 2024

BROOMFIELD, Colo. , July 19, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced that it wi...

4 months ago - PRNewsWire

These small-cap stocks score highest when screened for quality

After years of dominance by the largest tech companies in the U.S. stock market, interest is spreading to overlooked companies that might be a better value for investors looking to diversify, lower th...

4 months ago - Market Watch

Gogo AVANCE Operators Unlock New Efficiencies With Over-the-Air System Updates

OTA Successfully Used 1,000 Times; Slashing Software Upgrade Time by 83 Percent BROOMFIELD, Colo. , June 27, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced that more than 1...

5 months ago - PRNewsWire

Skyservice Business Aviation Builds Gogo AVANCE Center of Excellence

Bombardier Challenger 300 series aircraft receive priority bookings MISSISSAUGA, ON , June 6, 2024 /PRNewswire/ - Skyservice Business Aviation ("Skyservice"), a North American leader in business aviat...

6 months ago - PRNewsWire

Gogo Galileo European STC Portfolio Expanding

ALAMO Engineering to Develop EASA STC for Cessna Citation Latitude Midsize Jets GENEVA , May 28, 2024 /PRNewswire/ -- (EBACE, Booth I98) – Gogo Business Aviation (NASDAQ: GOGO) today announced it is p...

6 months ago - PRNewsWire

Gogo Inc. (GOGO) Q1 2024 Earnings Call Transcript

Gogo Inc. (NASDAQ:GOGO) Q1 2024 Earnings Conference Call May 7, 2024 8:30 AM ET Company Participants William Davis - Vice President-Investor Relations Oakleigh Thorne - Chairman & Chief Executive Off...

7 months ago - Seeking Alpha