Gogo Inc. (GOGO)

NASDAQ: GOGO · IEX Real-Time Price · USD
10.49
-0.10 (-0.90%)
Dec 5, 2023, 11:03 AM EST - Market open
-0.90%
Market Cap 1.36B
Revenue (ttm) 407.93M
Net Income (ttm) 158.88M
Shares Out 128.84M
EPS (ttm) 1.19
PE Ratio 8.76
Forward PE 20.08
Dividend n/a
Ex-Dividend Date n/a
Volume 185,286
Open 10.57
Previous Close 10.58
Day's Range 10.36 - 10.57
52-Week Range 9.53 - 17.94
Beta 1.36
Analysts Buy
Price Target 17.88 (+70.53%)
Earnings Date Nov 7, 2023

About GOGO

Gogo Inc., through its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company operates through Commercial Aviation-North America, Commercial Aviation-Rest of World, and Business Aviation segments. Its platform include networks, antennas, and airborne equipment and software. The company also offers interconnected voice over Internet protocol, and in-flight entertainment services; and voice and data services. In addition, its portfolio comprises of in-flight systems, i... [Read more]

IPO Date Jun 21, 2013
Employees 422
Stock Exchange NASDAQ
Ticker Symbol GOGO
Full Company Profile

Financial Performance

In 2022, Gogo Inc.'s revenue was $404.07 million, an increase of 20.36% compared to the previous year's $335.72 million. Earnings were $92.06 million, a decrease of -39.73%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for GOGO stock is "Buy." The 12-month stock price forecast is $17.88, which is an increase of 70.53% from the latest price.

Price Target
$17.88
(70.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Gogo Business Aviation Releases Over-the-Air Software Updates Enhancing AVANCE with Industry-First Capability

BROOMFIELD, Colo. , Nov. 28, 2023 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced the release of over-the-air (OTA) software updates for its industry-leading Gogo AVANCE platform...

7 days ago - PRNewsWire

Gogo Announces Third Quarter Results

Updates 2023 Financial Guidance and Reiterates Long-Term Targets Total Revenue of $97.9 million, down 7% Year-over-Year; Record Third Quarter Service Revenue of $79.5 million, up 6% Year-over-Year Net...

4 weeks ago - PRNewsWire

Gogo Inc. to Report Third Quarter 2023 Financial Results on November 7, 2023

BROOMFIELD, Colo. , Oct. 19, 2023 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced that it wi...

6 weeks ago - PRNewsWire

Gogo 5G Selected by Largest Canadian Fractional Operator AirSprint

Agreement Signifies First Canadian Customer to Commit to Gogo 5G Fleetwide with Options to Upgrade Midsize Aircraft with Gogo Galileo HDX LAS VEGAS , Oct. 17, 2023 /PRNewswire/ -- (NBAA-BACE, booth C9...

6 weeks ago - PRNewsWire

Skyservice Business Aviation Receives Transport Canadian Certification for Gogo 5G on Bombardier Challenger 300 Series

MISSISSAUGA, ON and BROOMFIELD, Colo. , Oct. 3, 2023 /PRNewswire/ -- Skyservice Business Aviation, a North American leader in business aviation, in partnership with Gogo Business Aviation (NASDAQ: GOG...

2 months ago - PRNewsWire

Gogo AVANCE L5 with 5G Provisions Now Offered by Dassault Falcon Jet

BROOMFIELD, Colo. , Sept. 12, 2023 /PRNewswire/ -- Gogo Business Aviation's (NASDAQ: GOGO) AVANCE L5 system with full Gogo 5G provisioning is now available to Dassault Falcon Jet Service Center custom...

3 months ago - PRNewsWire

Gogo Announces $50 Million Share Repurchase Program

BROOMFIELD, Colo. , Sept. 5, 2023 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, ...

3 months ago - PRNewsWire

Top 5 Tech And Telecom Stocks Which Could Rescue Your Portfolio This Month - Gogo (NASDAQ:GOGO), AMC Enter Hldgs (NYSE:AMC)

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: AMCSETRMRVEON
3 months ago - Benzinga

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Gogo Inc. - GOGO

NEW YORK , Aug. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Gogo Inc. ("Gogo" or the "Company") (NASDAQ: GOGO).   Such investors are advised to contact Ro...

3 months ago - PRNewsWire

Gogo Announces Second Quarter Results

Updates 2023 Financial Guidance and Long-Term Targets Second Quarter Revenue of $103.2 million, up 6% Year-over-Year; Net Income of $89.8 million; and Adjusted EBITDA (1) of $44.1 million, up 7% Year-...

4 months ago - PRNewsWire

Gogo Introduces AVANCE LX5 for Easy L5 Upgrade to Gogo 5G Connectivity

BROOMFIELD, Colo. , Aug. 3, 2023 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today introduced AVANCE LX5, a value-priced and easy box swap for AVANCE L5 owners to upgrade to Gogo 5G that eli...

4 months ago - PRNewsWire

Gogo Provides Update on 5G Launch

BROOMFIELD, Colo. , July 27, 2023 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced a delay in its Gogo 5G system launch, due to a design error in a non-5G component of its chip, w...

4 months ago - PRNewsWire

Gogo Inc. to Report Second Quarter 2023 Financial Results on August 7, 2023

BROOMFIELD, Colo. , July 20, 2023 /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

flyExclusive Expands Fleet Commitment of Gogo AVANCE

Gogo AVANCE is flyExclusive's Primary Inflight Connectivity Solution Fleetwide BROOMFIELD, Colo. , May 31, 2023 /PRNewswire/ -- Gogo Business Aviation's (NASDAQ: GOGO) best-selling AVANCE platform was...

6 months ago - PRNewsWire

Certification Underway for Gogo Galileo on Bombardier Challenger 300 Series Aircraft

GENEVA , May 24, 2023 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced the process to secure the first-article Supplemental Type Certification (STC) for its Gogo Galileo HDX syste...

6 months ago - PRNewsWire

Gogo Elevates its Global Broadband Offering with Second, Higher Throughput Antenna

Unveils "Gogo Galileo" Product Line for Business Aviation GENEVA , May 23, 2023 /PRNewswire/ -- (EBACE, Booth O98) Gogo Business Aviation (NASDAQ: GOGO) today announced its Gogo Galileo product line w...

Other symbols: SATS
7 months ago - PRNewsWire

Gogo Global LEO Broadband Service Gains Momentum with Significant Program Achievements

OneWeb Completes Global Broadband LEO Network Gogo and Hughes Network Systems Execute on Antenna Design BROOMFIELD, Colo. , May 15, 2023 /PRNewswire/ -- Gogo Business Aviation's (NASDAQ: GOGO) global ...

Other symbols: SATS
7 months ago - PRNewsWire

Gogo Announces First Quarter Results and Pays Down $100 Million of Debt, Reiterates 2023 Guidance and Long-Term Targets

First Quarter Revenue of $98.6 million, up 6% Year-over-Year; Net Income of $20.4 million; and Adjusted EBITDA (1) of $39.7 million BROOMFIELD, Colo. , May 3, 2023 /PRNewswire/ -- Gogo Inc. (NASDAQ: G...

7 months ago - PRNewsWire

Gogo Announces $100 Million Debt Prepayment

BROOMFIELD, Colo. , May 1, 2023 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, provided notice to its Term ...

7 months ago - PRNewsWire

Duncan Aviation Readying for Gogo 5G

Installations of 5G Provisions and 5G STC Portfolio in Development ORLANDO (AEA Booth #906), April 25, 2023 /PRNewswire/ -- Duncan Aviation, in partnership with Gogo Business Aviation (NASDAQ: GOGO), ...

8 months ago - PRNewsWire

Gogo Expands 5G Footprint into Canada Providing Greater Coverage for Business Aviation Operators

ORLANDO, Fla. , April 24, 2023 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) announced today it will expand its Gogo 5G network into Canada, providing additional coverage to business aviation ...

8 months ago - PRNewsWire

Gogo Inc. to Report First Quarter 2023 Financial Results on May 3, 2023

BROOMFIELD, Colo. , April 20, 2023 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced that it w...

8 months ago - PRNewsWire

Gogo Announces Record Fourth Quarter and 2022 Results, Provides 2023 Guidance and Updates Long-Term Targets

Record Fourth Quarter Revenue of $108.2 million, up 17% Year-over-Year; Net Income from Continuing  Operations of $27.7 million; and Record Adjusted EBITDA (1) of $46.2 million, up 17% Year-over-Year ...

10 months ago - PRNewsWire

SmartSky Patent Portfolio Expands to Protect Industry Leading Innovations

Additions Strengthen Patent Infringement Lawsuit Against Gogo RESEARCH TRIANGLE, N.C., Feb. 21, 2023 /PRNewswire/ -- SmartSky Networks, LLC, has asked the U.S. District Court in Delaware to add two re...

10 months ago - PRNewsWire

Gogo Inc. to Report Fourth Quarter 2022 Financial Results on February 28, 2023

BROOMFIELD, Colo. , Feb. 15, 2023 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced that it wi...

10 months ago - PRNewsWire