Roth Capital Comments on Gogo’s Q1 Earnings (NASDAQ:GOGO)

Gogo Inc. (NASDAQ:GOGO) – Equities research analysts at Roth Capital issued their Q1 2025 earnings per share estimates for shares of Gogo in a report issued on Monday, March 17th. Roth Capital analyst S. Searle expects that the technology company will earn $0.03 per share for the quarter. The consensus estimate for Gogo’s current full-year earnings is $0.41 per share. Roth Capital also issued estimates for Gogo’s Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $0.51 EPS, Q1 2026 earnings at $0.16 EPS, Q2 2026 earnings at $0.18 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.20 EPS and FY2026 earnings at $0.73 EPS.

Several other brokerages have also recently weighed in on GOGO. Roth Mkm reduced their price target on Gogo from $15.50 to $13.00 and set a “buy” rating for the company in a research report on Monday, March 17th. StockNews.com lowered Gogo from a “hold” rating to a “sell” rating in a report on Monday, March 17th.

Gogo Trading Down 3.9 %

Shares of GOGO stock opened at $7.42 on Thursday. The stock has a market capitalization of $933.28 million, a price-to-earnings ratio of 17.26 and a beta of 1.01. The company’s fifty day simple moving average is $7.75 and its two-hundred day simple moving average is $7.56. Gogo has a 1 year low of $6.17 and a 1 year high of $11.00. The company has a debt-to-equity ratio of 11.07, a current ratio of 3.58 and a quick ratio of 2.81.

Gogo (NASDAQ:GOGO) last posted its quarterly earnings results on Friday, March 14th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.03. The company had revenue of $137.80 million for the quarter, compared to analyst estimates of $97.80 million. Gogo had a net margin of 13.94% and a return on equity of 121.96%. The company’s quarterly revenue was up 40.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.11 earnings per share.

Insider Activity

In other Gogo news, Director Oakleigh Thorne acquired 30,173 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was bought at an average price of $6.57 per share, with a total value of $198,236.61. Following the completion of the purchase, the director now owns 711,341 shares of the company’s stock, valued at approximately $4,673,510.37. This represents a 4.43 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 26.00% of the company’s stock.

Institutional Trading of Gogo

Institutional investors and hedge funds have recently modified their holdings of the business. Lazard Asset Management LLC bought a new position in shares of Gogo in the fourth quarter worth approximately $43,000. State of Wyoming purchased a new position in Gogo in the 4th quarter worth approximately $57,000. Teza Capital Management LLC bought a new position in shares of Gogo in the 4th quarter worth $110,000. Hsbc Holdings PLC bought a new position in shares of Gogo in the 4th quarter worth $116,000. Finally, Diametric Capital LP purchased a new stake in shares of Gogo during the 4th quarter valued at $121,000. Hedge funds and other institutional investors own 69.60% of the company’s stock.

Gogo Company Profile

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.