Equities Analysts Issue Forecasts for Gogo Q1 Earnings

Gogo Inc. (NASDAQ:GOGO) – Investment analysts at Roth Capital issued their Q1 2025 EPS estimates for shares of Gogo in a research note issued on Monday, March 17th. Roth Capital analyst S. Searle forecasts that the technology company will earn $0.03 per share for the quarter. 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, FY2025 earnings at $0.51 EPS, Q1 2026 earnings at $0.16 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.

Gogo (NASDAQ:GOGO) last released its earnings results on Friday, March 14th. The technology company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.03. Gogo had a net margin of 13.94% and a return on equity of 121.96%. The business 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 earned $0.11 earnings per share. The firm’s revenue was up 40.9% on a year-over-year basis.

A number of other research analysts have also commented on GOGO. Roth Mkm cut their target price on Gogo from $15.50 to $13.00 and set a “buy” rating for the company in a research note on Monday. StockNews.com cut shares of Gogo from a “hold” rating to a “sell” rating in a research note on Monday.

Gogo Price Performance

Shares of GOGO stock opened at $7.72 on Thursday. Gogo has a 12 month low of $6.17 and a 12 month high of $11.00. The company has a market capitalization of $971.01 million, a P/E ratio of 17.95 and a beta of 1.01. The stock has a 50 day moving average of $7.75 and a two-hundred day moving average of $7.56. The company has a current ratio of 3.58, a quick ratio of 2.81 and a debt-to-equity ratio of 11.07.

Insider Transactions at Gogo

In other news, Director Oakleigh Thorne bought 30,173 shares of Gogo stock in a transaction dated Monday, March 17th. The shares were bought at an average price of $6.57 per share, for a total transaction of $198,236.61. Following the purchase, the director now owns 711,341 shares of the company’s stock, valued at approximately $4,673,510.37. This trade represents a 4.43 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 26.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Gogo

Institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Gogo by 3.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,863 shares of the technology company’s stock worth $298,000 after buying an additional 1,273 shares in the last quarter. Nuveen Asset Management LLC grew its position in Gogo by 0.6% during the 4th quarter. Nuveen Asset Management LLC now owns 223,317 shares of the technology company’s stock worth $1,807,000 after acquiring an additional 1,373 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Gogo by 0.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 208,356 shares of the technology company’s stock valued at $1,496,000 after purchasing an additional 1,714 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Gogo by 0.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 557,732 shares of the technology company’s stock worth $4,005,000 after purchasing an additional 3,181 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of Gogo by 8.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 62,032 shares of the technology company’s stock worth $502,000 after purchasing an additional 5,078 shares during the last quarter. 69.60% of the stock is owned by institutional investors.

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.