Gogo (NASDAQ:GOGO – Get Free Report) is expected to release its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect Gogo to post earnings of $0.09 per share and revenue of $229.3520 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 8:30 AM ET.
Gogo Trading Down 4.7%
GOGO opened at $3.88 on Thursday. The company has a debt-to-equity ratio of 6.89, a quick ratio of 1.27 and a current ratio of 1.66. The stock’s 50 day moving average price is $3.72 and its 200-day moving average price is $4.19. Gogo has a one year low of $3.02 and a one year high of $16.82. The stock has a market cap of $524.73 million, a price-to-earnings ratio of 35.27 and a beta of 1.16.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the company. Morgan Stanley dropped their price objective on Gogo from $8.00 to $7.00 and set an “equal weight” rating for the company in a report on Thursday, May 21st. Weiss Ratings upgraded Gogo from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, May 12th. Finally, Roth Capital set a $12.00 target price on Gogo in a research report on Thursday, May 7th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $9.50.
Hedge Funds Weigh In On Gogo
A number of institutional investors have recently modified their holdings of the stock. Stifel Financial Corp bought a new stake in shares of Gogo during the fourth quarter valued at approximately $52,000. nVerses Capital LLC purchased a new stake in shares of Gogo in the fourth quarter valued at approximately $57,000. Quarry LP grew its stake in Gogo by 86.1% in the third quarter. Quarry LP now owns 7,171 shares of the technology company’s stock worth $62,000 after purchasing an additional 3,318 shares in the last quarter. Focus Partners Wealth bought a new position in Gogo in the third quarter worth approximately $72,000. Finally, Ritter Alpha LP purchased a new position in Gogo during the 4th quarter worth $74,000. 69.60% of the stock is owned by hedge funds and other institutional investors.
About Gogo
Gogo Inc is a leading provider of in-flight connectivity and entertainment solutions for commercial and business aviation. The company specializes in delivering broadband internet, voice and text services, and streaming entertainment to passengers at 35,000 feet. Gogo’s offerings include both air-to-ground (ATG) networks and satellite-based connectivity, enabling reliable in-flight internet access across a range of aircraft types.
Gogo’s ATG network spans the United States and portions of Canada, using ground towers to transmit data signals directly to equipped aircraft.
See Also
- Five stocks we like better than Gogo
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Receive News & Ratings for Gogo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gogo and related companies with MarketBeat.com's FREE daily email newsletter.
