Gogo Inc. (GOGO)
NASDAQ: GOGO · Real-Time Price · USD
6.99
-0.23 (-3.19%)
Oct 29, 2024, 4:00 PM EDT - Market closed

Gogo Inc. Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Gogo Inc. stock have an average target of 12.17, with a low estimate of 10 and a high estimate of 15.5. The average target predicts an increase of 74.11% from the current stock price of 6.99.

Analyst Consensus: Buy
Target Low Average Median High
Price $10 $12.17 $11 $15.5
Change +43.06% +74.11% +57.37% +121.75%
* Price targets were last updated on Sep 17, 2024.

Analyst Ratings

The average analyst rating for Gogo Inc. stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111111
Buy 111100
Hold 222222
Sell 000000
Strong Sell 000000
Total 444433

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Maintains
$16
Strong Buy Maintains $16 +121.75% Sep 17, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$12$11
Hold Maintains $12$11 +57.37% Sep 3, 2024
JP Morgan
JP Morgan
Hold
Maintains
$11$10
Hold Maintains $11$10 +43.06% Aug 8, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$15$12
Hold Maintains $15$12 +71.67% Apr 16, 2024
JP Morgan
JP Morgan
Hold
Initiates
$15$11
Hold Initiates $15$11 +57.37% Feb 29, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
408.66M
from 397.58M
Increased by 2.79%
Revenue Next Year
457.40M
from 408.66M
Increased by 11.93%
EPS This Year
0.37
from 1.09
Decreased by -65.75%
EPS Next Year
0.52
from 0.37
Increased by 40.44%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
308.99M269.72M335.72M404.07M397.58M408.66M457.40M523.81M
Revenue Growth
6.49%-12.71%24.47%20.36%-1.61%2.79%11.93%14.52%
EPS
-1.81-3.041.250.711.090.370.520.70
EPS Growth
----43.26%54.21%-65.75%40.44%33.59%
Forward PE
-----18.7213.339.98
No. Analysts -----775
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 424.2M 478.6M 568.2M
Avg 408.7M 457.4M 523.8M
Low 389.4M 428.0M 479.2M

Revenue Growth

Revenue Growth 202420252026
High
6.7%
17.1%
24.2%
Avg
2.8%
11.9%
14.5%
Low
-2.1%
4.7%
4.8%

EPS Forecast

EPS 202420252026
High 0.51 0.79 0.77
Avg 0.37 0.52 0.70
Low 0.30 0.39 0.62

EPS Growth

EPS Growth 202420252026
High
-52.8%
110.9%
46.2%
Avg
-65.8%
40.4%
33.6%
Low
-72.1%
5.0%
17.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.