Roth Capital Issues Negative Outlook for Gogo Earnings

Gogo Inc. (NASDAQ:GOGO) – Equities research analysts at Roth Capital lowered their Q4 2025 earnings estimates for shares of Gogo in a report released on Thursday, November 6th. Roth Capital analyst S. Searle now forecasts that the technology company will post earnings of $0.01 per share for the quarter, down from their prior estimate of $0.06. The consensus estimate for Gogo’s current full-year earnings is $0.41 per share. Roth Capital also issued estimates for Gogo’s Q2 2026 earnings at $0.10 EPS, Q3 2026 earnings at $0.14 EPS, Q4 2026 earnings at $0.15 EPS and FY2027 earnings at $0.65 EPS.

Gogo (NASDAQ:GOGO) last issued its quarterly earnings results on Thursday, November 6th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.12). Gogo had a net margin of 1.05% and a return on equity of 88.04%. The business had revenue of $223.59 million for the quarter, compared to analysts’ expectations of $222.23 million. During the same period last year, the business earned $0.08 earnings per share. The company’s revenue was up 122.4% on a year-over-year basis. Gogo has set its FY 2025 guidance at EPS.

GOGO has been the topic of a number of other reports. Wall Street Zen cut Gogo from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Morgan Stanley began coverage on shares of Gogo in a research note on Thursday, August 14th. They issued an “equal weight” rating and a $15.00 price target on the stock. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Gogo in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $14.83.

Gogo Stock Down 2.0%

Shares of Gogo stock traded down $0.16 during midday trading on Friday, hitting $7.45. The company had a trading volume of 203,464 shares, compared to its average volume of 1,721,929. Gogo has a 52-week low of $6.20 and a 52-week high of $16.82. The company has a debt-to-equity ratio of 8.10, a quick ratio of 1.32 and a current ratio of 1.71. The stock has a market capitalization of $996.45 million, a P/E ratio of 189.13 and a beta of 1.04. The company has a 50 day moving average of $9.34 and a 200 day moving average of $11.39.

Hedge Funds Weigh In On Gogo

A number of institutional investors have recently bought and sold shares of GOGO. William Blair Investment Management LLC raised its position in shares of Gogo by 124.8% during the 2nd quarter. William Blair Investment Management LLC now owns 5,673,833 shares of the technology company’s stock valued at $83,292,000 after purchasing an additional 3,149,585 shares during the period. Ancora Advisors LLC purchased a new stake in shares of Gogo during the 1st quarter worth approximately $458,000. Select Equity Group L.P. raised its holdings in shares of Gogo by 68.8% during the 1st quarter. Select Equity Group L.P. now owns 402,987 shares of the technology company’s stock worth $3,474,000 after acquiring an additional 164,257 shares in the last quarter. Tenzing Global Management LLC boosted its position in shares of Gogo by 31.3% during the 1st quarter. Tenzing Global Management LLC now owns 2,725,000 shares of the technology company’s stock valued at $23,490,000 after acquiring an additional 650,000 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Gogo by 4.5% in the first quarter. Invesco Ltd. now owns 184,680 shares of the technology company’s stock valued at $1,592,000 after purchasing an additional 7,958 shares in 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.