Gogo Inc. (NASDAQ:GOGO – Free Report) – Research analysts at Roth Capital issued their FY2026 earnings per share (EPS) estimates for shares of Gogo in a note issued to investors on Tuesday, November 5th. Roth Capital analyst S. Searle anticipates that the technology company will earn $0.59 per share for the year. The consensus estimate for Gogo’s current full-year earnings is $0.35 per share.
Gogo (NASDAQ:GOGO – Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The technology company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.06). The firm 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%. Gogo’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.20 earnings per share.
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Gogo Stock Performance
Gogo stock opened at $8.01 on Friday. The firm has a 50 day simple moving average of $7.12 and a 200-day simple moving average of $8.50. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 15.71 and a beta of 1.10. The company has a debt-to-equity ratio of 11.25, a current ratio of 3.95 and a quick ratio of 3.16. Gogo has a 1-year low of $6.17 and a 1-year high of $11.17.
Institutional Investors Weigh In On Gogo
A number of institutional investors have recently modified their holdings of GOGO. nVerses Capital LLC purchased a new position in Gogo during the 3rd quarter valued at about $34,000. Brighton Jones LLC purchased a new position in shares of Gogo in the third quarter valued at approximately $72,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Gogo in the second quarter valued at approximately $107,000. AQR Capital Management LLC purchased a new stake in Gogo during the 2nd quarter worth approximately $108,000. Finally, SG Americas Securities LLC acquired a new stake in Gogo during the 2nd quarter worth approximately $109,000. 69.60% of the stock is 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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