Gogo Inc. (NASDAQ:GOGO – Free Report) – Equities researchers at Roth Capital increased their Q1 2026 earnings per share (EPS) estimates for Gogo in a report released on Tuesday, September 17th. Roth Capital analyst S. Searle now anticipates that the technology company will earn $0.20 per share for the quarter, up from their previous estimate of $0.14. The consensus estimate for Gogo’s current full-year earnings is $0.35 per share. Roth Capital also issued estimates for Gogo’s Q2 2026 earnings at $0.22 EPS.
Several other analysts also recently commented on GOGO. Morgan Stanley reduced their price objective on Gogo from $12.00 to $11.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 3rd. JPMorgan Chase & Co. dropped their target price on Gogo from $11.00 to $10.00 and set a “neutral” rating on the stock in a report on Thursday, August 8th. Finally, Roth Mkm restated a “buy” rating and set a $15.50 price target on shares of Gogo in a research note on Tuesday.
Gogo Price Performance
Shares of GOGO opened at $6.93 on Wednesday. The company has a debt-to-equity ratio of 11.25, a quick ratio of 3.16 and a current ratio of 3.95. Gogo has a fifty-two week low of $6.74 and a fifty-two week high of $12.75. The firm has a 50-day simple moving average of $8.20 and a 200-day simple moving average of $8.93. The company has a market capitalization of $880.84 million, a price-to-earnings ratio of 5.92 and a beta of 1.11.
Gogo (NASDAQ:GOGO – Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The technology company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.06). The business had revenue of $102.10 million for the quarter, compared to analyst estimates of $99.02 million. Gogo had a return on equity of 145.01% and a net margin of 16.59%. The firm’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.20 EPS.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Gogo in the 2nd quarter valued at approximately $107,000. AQR Capital Management LLC acquired a new stake in shares of Gogo in the 2nd quarter valued at approximately $108,000. SG Americas Securities LLC purchased a new stake in shares of Gogo in the second quarter valued at approximately $109,000. Point72 DIFC Ltd acquired a new position in Gogo during the second quarter worth $117,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in Gogo by 67.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,285 shares of the technology company’s stock worth $166,000 after acquiring an additional 6,941 shares in the last quarter. 69.60% of the stock is currently owned by institutional investors and hedge funds.
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.
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