Gogo Inc. (GOGO)
NASDAQ: GOGO · IEX Real-Time Price · USD
9.84
+0.45 (4.79%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Gogo Inc. Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Gogo Inc. stock have an average target of 15.63, with a low estimate of 11 and a high estimate of 22. The average target predicts an increase of 58.84% from the current stock price of 9.84.
Analyst Consensus: Buy
* Price targets were last updated on Apr 16, 2024.
Analyst Ratings
The average analyst rating for Gogo Inc. stock from 4 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $15 → $12 | Hold | Maintains | $15 → $12 | +21.95% | Apr 16, 2024 |
| JP Morgan | JP Morgan | Hold Initiates $15 → $11 | Hold | Initiates | $15 → $11 | +11.79% | Feb 29, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $19 → $18 | Strong Buy | Maintains | $19 → $18 | +77.85% | Dec 12, 2023 |
| JP Morgan | JP Morgan | Hold Maintains $18 → $15 | Hold | Maintains | $18 → $15 | +52.44% | Nov 8, 2023 |
| TD Cowen | TD Cowen | Buy Maintains $26 → $22 | Buy | Maintains | $26 → $22 | +123.58% | Aug 14, 2023 |
Financial Forecast
Revenue This Year
427.69M
from 397.58M
Increased by 7.57%
Revenue Next Year
493.63M
from 427.69M
Increased by 15.42%
EPS This Year
0.43
from 1.09
Decreased by -60.70%
EPS Next Year
0.63
from 0.43
Increased by 46.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 443.0M | 531.2M | 596.9M |
| Avg | 427.7M | 493.6M | 565.8M |
| Low | 408.0M | 452.8M | 521.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.4% | 24.2% | 20.9% |
| Avg | 7.6% | 15.4% | 14.6% |
| Low | 2.6% | 5.9% | 5.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.48 | 0.96 | 0.87 |
| Avg | 0.43 | 0.63 | 0.77 |
| Low | 0.35 | 0.46 | 0.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -55.7% | 123.0% | 38.7% |
| Avg | -60.7% | 46.7% | 22.8% |
| Low | -67.6% | 7.5% | 4.5% |
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.