William Blair Forecasts Gogo’s Q1 Earnings (NASDAQ:GOGO)

Gogo Inc. (NASDAQ:GOGO) – Equities research analysts at William Blair issued their Q1 2025 EPS estimates for shares of Gogo in a report released on Monday, March 17th. William Blair analyst L. Dipalma expects that the technology company will post earnings per share of $0.20 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 posted its earnings results on Friday, March 14th. The technology company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.03. The firm had revenue of $137.80 million for the quarter, compared to analyst estimates of $97.80 million. Gogo had a return on equity of 121.96% and a net margin of 13.94%. The company’s revenue for the quarter was up 40.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.11 earnings per share.

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

Gogo Stock Performance

Shares of GOGO stock opened at $7.42 on Thursday. The company’s 50 day moving average price is $7.75 and its two-hundred day moving average price is $7.56. Gogo has a 52 week low of $6.17 and a 52 week high of $11.00. The company has a market capitalization of $933.28 million, a P/E ratio of 17.26 and a beta of 1.01. The company has a debt-to-equity ratio of 11.07, a quick ratio of 2.81 and a current ratio of 3.58.

Hedge Funds Weigh In On Gogo

Large investors have recently modified their holdings of the stock. Lazard Asset Management LLC acquired a new position in Gogo in the 4th quarter valued at about $43,000. State of Wyoming acquired a new position in shares of Gogo in the fourth quarter valued at approximately $57,000. Teza Capital Management LLC bought a new position in shares of Gogo during the fourth quarter worth approximately $110,000. Hsbc Holdings PLC bought a new stake in Gogo in the 4th quarter valued at $116,000. Finally, Diametric Capital LP acquired a new position in Gogo in the 4th quarter valued at $121,000. 69.60% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Gogo news, Director Oakleigh Thorne purchased 30,173 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The shares were acquired at an average price of $6.57 per share, for a total transaction of $198,236.61. Following the purchase, the director now owns 711,341 shares in the company, valued at approximately $4,673,510.37. The trade was a 4.43 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 26.00% 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.