Roth Capital Predicts Gogo’s Q1 Earnings (NASDAQ:GOGO)

Gogo Inc. (NASDAQ:GOGO) – Equities research analysts at Roth Capital decreased their Q1 2025 EPS estimates for Gogo in a research note issued on Sunday, March 16th. Roth Capital analyst S. Searle now anticipates that the technology company will earn $0.03 per share for the quarter, down from their prior forecast of $0.09. The consensus estimate for Gogo’s current full-year earnings is $0.41 per share. Roth Capital also issued estimates for Gogo’s Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at $0.11 EPS, Q2 2026 earnings at $0.18 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.20 EPS and FY2026 earnings at $0.73 EPS.

Several other research firms have also issued reports on GOGO. StockNews.com lowered Gogo from a “hold” rating to a “sell” rating in a research note on Monday. Roth Mkm lowered their price objective on shares of Gogo from $15.50 to $13.00 and set a “buy” rating for the company in a research note on Monday.

Gogo Trading Up 11.1 %

GOGO opened at $7.70 on Tuesday. Gogo has a 52 week low of $6.17 and a 52 week high of $11.00. The company has a quick ratio of 2.81, a current ratio of 3.58 and a debt-to-equity ratio of 11.07. The business has a fifty day simple moving average of $7.74 and a 200-day simple moving average of $7.56. The firm has a market cap of $968.50 million, a P/E ratio of 17.91 and a beta of 1.01.

Gogo (NASDAQ:GOGO) last posted its quarterly earnings data on Friday, March 14th. The technology company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. Gogo had a net margin of 13.94% and a return on equity of 121.96%. The firm had revenue of $137.80 million during the quarter, compared to analysts’ expectations of $97.80 million. During the same quarter last year, the company posted $0.11 EPS. The firm’s quarterly revenue was up 40.9% on a year-over-year basis.

Insider Activity

In related news, Director Oakleigh Thorne bought 30,173 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was purchased at an average cost of $6.57 per share, with a total value of $198,236.61. Following the purchase, the director now directly owns 711,341 shares of the company’s stock, valued at $4,673,510.37. This trade represents a 4.43 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 26.00% of the company’s stock.

Institutional Investors Weigh In On Gogo

A number of hedge funds have recently bought and sold shares of GOGO. PharVision Advisers LLC purchased a new stake in shares of Gogo during the fourth quarter worth approximately $746,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Gogo by 14.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 237,941 shares of the technology company’s stock valued at $1,925,000 after purchasing an additional 29,585 shares in the last quarter. Voloridge Investment Management LLC lifted its position in shares of Gogo by 76.1% during the 4th quarter. Voloridge Investment Management LLC now owns 581,706 shares of the technology company’s stock worth $4,706,000 after purchasing an additional 251,348 shares during the last quarter. Squarepoint Ops LLC grew its stake in shares of Gogo by 222.0% during the fourth quarter. Squarepoint Ops LLC now owns 30,506 shares of the technology company’s stock worth $247,000 after purchasing an additional 55,506 shares in the last quarter. Finally, Two Sigma Investments LP increased its holdings in Gogo by 50.1% in the fourth quarter. Two Sigma Investments LP now owns 101,778 shares of the technology company’s stock valued at $823,000 after buying an additional 33,960 shares during the last quarter. Institutional investors and hedge funds own 69.60% of the company’s stock.

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.