Q1 Earnings Forecast for Gogo Issued By William Blair

Gogo Inc. (NASDAQ:GOGO) – Equities research analysts at William Blair issued their Q1 2025 earnings per share estimates for shares of Gogo in a research note issued on Monday, March 17th. William Blair analyst L. Dipalma forecasts that the technology company will post earnings of $0.20 per share for the quarter. The consensus estimate for Gogo’s current full-year earnings is $0.41 per share. William Blair also issued estimates for Gogo’s Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.23 EPS, Q4 2025 earnings at $0.25 EPS, FY2025 earnings at $1.13 EPS and FY2026 earnings at $1.83 EPS.

Gogo (NASDAQ:GOGO) last issued its quarterly earnings results on Friday, March 14th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $97.80 million. During the same quarter in the previous year, the firm earned $0.11 earnings per share. The business’s revenue was up 40.9% compared to the same quarter last year.

GOGO has been the subject of several other reports. StockNews.com lowered Gogo from a “hold” rating to a “sell” rating in a report on Monday. Roth Mkm lowered their price target on Gogo from $15.50 to $13.00 and set a “buy” rating for the company in a report on Monday.

Gogo Price Performance

GOGO opened at $7.72 on Thursday. The company has a debt-to-equity ratio of 11.07, a quick ratio of 2.81 and a current ratio of 3.58. Gogo has a 1-year low of $6.17 and a 1-year high of $11.00. The company has a 50-day moving average of $7.75 and a 200-day moving average of $7.56. The company has a market capitalization of $971.01 million, a P/E ratio of 17.95 and a beta of 1.01.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lazard Asset Management LLC bought a new stake in Gogo in the fourth quarter valued at $43,000. State of Wyoming bought a new stake in Gogo in the 4th quarter valued at about $57,000. Teza Capital Management LLC acquired a new position in Gogo during the 4th quarter valued at about $110,000. Hsbc Holdings PLC acquired a new position in Gogo during the 4th quarter valued at about $116,000. Finally, Diametric Capital LP acquired a new stake in shares of Gogo in the fourth quarter valued at approximately $121,000. Institutional investors and hedge funds own 69.60% of the company’s stock.

Insider Buying and Selling

In related news, Director Oakleigh Thorne bought 30,173 shares of the stock in a transaction dated 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. This trade represents a 4.43 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 26.00% of the stock is owned by company insiders.

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.