Roth Capital Has Positive Estimate for Gogo Q2 Earnings

Gogo Inc. (NASDAQ:GOGO) – Stock analysts at Roth Capital increased their Q2 2025 earnings per share estimates for Gogo in a research note issued on Sunday, May 11th. Roth Capital analyst S. Searle now expects that the technology company will post earnings of $0.11 per share for the quarter, up from their prior estimate of $0.05. The consensus estimate for Gogo’s current full-year earnings is $0.41 per share. Roth Capital also issued estimates for Gogo’s FY2025 earnings at $0.48 EPS.

GOGO has been the topic of a number of other research reports. StockNews.com upgraded Gogo from a “sell” rating to a “hold” rating in a research report on Monday. Roth Mkm dropped their target price on Gogo from $15.50 to $13.00 and set a “buy” rating on the stock in a research report on Monday, March 17th.

Gogo Price Performance

Shares of NASDAQ GOGO opened at $11.86 on Wednesday. The business’s 50 day moving average price is $7.63 and its 200 day moving average price is $7.76. The firm has a market cap of $1.57 billion, a P/E ratio of 27.58 and a beta of 0.93. Gogo has a 52 week low of $6.17 and a 52 week high of $12.90. The company has a quick ratio of 2.81, a current ratio of 3.58 and a debt-to-equity ratio of 11.07.

Gogo (NASDAQ:GOGO) last issued its earnings results on Friday, May 9th. The technology company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.13. The firm had revenue of $230.31 million for the quarter, compared to analyst estimates of $214.93 million. Gogo had a return on equity of 121.96% and a net margin of 13.94%. Gogo’s revenue for the quarter was up 120.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.23 earnings per share.

Insider Buying and Selling at Gogo

In related news, Director Oakleigh Thorne purchased 30,173 shares of the firm’s stock in a transaction on Monday, March 17th. The stock was bought at an average cost of $6.57 per share, with a total value of $198,236.61. Following the completion of the acquisition, the director now owns 711,341 shares of the company’s stock, valued at $4,673,510.37. The trade was a 4.43% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 26.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. GAMMA Investing LLC raised its stake in shares of Gogo by 532.9% during the 1st quarter. GAMMA Investing LLC now owns 3,595 shares of the technology company’s stock worth $31,000 after buying an additional 3,027 shares during the period. Lazard Asset Management LLC acquired a new position in shares of Gogo during the 4th quarter worth approximately $43,000. State of Wyoming acquired a new position in shares of Gogo during the 4th quarter worth approximately $57,000. Teza Capital Management LLC acquired a new position in shares of Gogo during the 4th quarter worth approximately $110,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Gogo during the 1st quarter worth approximately $111,000. 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.