(GOGO) Gogo - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US38046C1099

Stock: In-Flight Connectivity, Networks, Antennas, Avionics Software

Total Rating 22
Risk 42
Buy Signal -0.58

EPS (Earnings per Share)

EPS (Earnings per Share) of GOGO over the last years for every Quarter: "2020-12": 0.01, "2021-03": -0.09, "2021-06": -0.63, "2021-09": 0.16, "2021-12": 1.6, "2022-03": 0.18, "2022-06": 0.17, "2022-09": 0.15, "2022-12": 0.21, "2023-03": 0.15, "2023-06": 0.67, "2023-09": 0.16, "2023-12": 0.11, "2024-03": 0.23, "2024-06": 0.01, "2024-09": 0.13, "2024-12": 0.0616, "2025-03": 0.124, "2025-06": 0.09, "2025-09": -0.01, "2025-12": 0,

Revenue

Revenue of GOGO over the last years for every Quarter: 2020-12: 77.634, 2021-03: 73.869, 2021-06: 82.375, 2021-09: 87.172, 2021-12: 92.3, 2022-03: 92.75, 2022-06: 97.836, 2022-09: 105.318, 2022-12: 108.163, 2023-03: 98.597, 2023-06: 103.221, 2023-09: 97.949, 2023-12: 97.81, 2024-03: 104.322, 2024-06: 102.059, 2024-09: 100.529, 2024-12: 137.799, 2025-03: 230.307, 2025-06: 226.038, 2025-09: 223.585, 2025-12: null,
Risk 5d forecast
Volatility 67.7%
Relative Tail Risk -19.6%
Reward TTM
Sharpe Ratio -0.51
Alpha -71.00
Character TTM
Beta 1.522
Beta Downside 1.252
Drawdowns 3y
Max DD 78.01%
CAGR/Max DD -0.46

Description: GOGO Gogo January 13, 2026

Gogo Inc. (NASDAQ:GOGO) delivers broadband connectivity to the aviation sector through a suite of networks, antennas, airborne equipment, and software, offering voice, data, in-flight entertainment, and related services to aircraft operators and OEMs via independent dealers.

Key metrics show FY 2023 revenue of approximately $215 million, a cash-burn rate of $45 million, and a backlog of roughly $150 million, reflecting the growing demand for high-speed connectivity on business jets and regional airlines. The in-flight connectivity market is projected to expand at a CAGR of 12% through 2028, driven by passenger expectations for seamless Wi-Fi and airlines’ pursuit of ancillary revenue streams; however, Gogo faces competitive pressure from satellite-based rivals such as Viasat and Iridium, and its profitability remains sensitive to airline capital-expenditure cycles and regulatory approvals for spectrum use.

For a deeper quantitative assessment, you may find it useful to explore Gogo’s financial and operational data on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income: -5.29m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -7.64 > 1.0
NWC/Revenue: 22.00% < 20% (prev 61.87%; Δ -39.87% < -1%)
CFO/TA 0.06 > 3% & CFO 77.7m > Net Income -5.29m
Net Debt (775.0m) to EBITDA (118.3m): 6.55 < 3
Current Ratio: 1.74 > 1.5 & < 3
Outstanding Shares: last quarter (134.7m) vs 12m ago 3.27% < -2%
Gross Margin: 54.98% > 18% (prev 0.65%; Δ 5433 % > 0.5%)
Asset Turnover: 77.66% > 50% (prev 49.92%; Δ 27.74% > 0%)
Interest Coverage Ratio: 1.06 > 6 (EBITDA TTM 118.3m / Interest Expense TTM 62.9m)

Altman Z'' -2.67

A: 0.14 (Total Current Assets 423.6m - Total Current Liabilities 243.7m) / Total Assets 1.30b
B: -0.91 (Retained Earnings -1.18b / Total Assets 1.30b)
C: 0.06 (EBIT TTM 66.6m / Avg Total Assets 1.05b)
D: -0.99 (Book Value of Equity -1.18b / Total Liabilities 1.19b)
Altman-Z'' Score: -2.67 = D

Beneish M -1.93

DSRI: 1.00 (Receivables 154.9m/76.4m, Revenue 817.7m/404.7m)
GMI: 1.18 (GM 54.98% / 65.14%)
AQI: 1.44 (AQ_t 0.54 / AQ_t-1 0.37)
SGI: 2.02 (Revenue 817.7m / 404.7m)
TATA: -0.06 (NI -5.29m - CFO 77.7m) / TA 1.30b)
Beneish M-Score: -1.93 (Cap -4..+1) = B

What is the price of GOGO shares?

As of February 07, 2026, the stock is trading at USD 4.18 with a total of 1,355,868 shares traded.
Over the past week, the price has changed by -8.93%, over one month by -15.04%, over three months by -45.11% and over the past year by -49.76%.

Is GOGO a buy, sell or hold?

Gogo has received a consensus analysts rating of 3.75. Therefor, it is recommend to hold GOGO.
  • StrongBuy: 1
  • Buy: 1
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the GOGO price?

Issuer Target Up/Down from current
Wallstreet Target Price 10.7 155.3%
Analysts Target Price 10.7 155.3%
ValueRay Target Price 3.3 -20.8%

GOGO Fundamental Data Overview February 03, 2026

P/E Forward = 6.2035
P/S = 0.7284
P/B = 5.7443
P/EG = -0.43
Revenue TTM = 817.7m USD
EBIT TTM = 66.6m USD
EBITDA TTM = 118.3m USD
Long Term Debt = 833.0m USD (from longTermDebt, last quarter)
Short Term Debt = 16.8m USD (from shortTermDebt, last quarter)
Debt = 908.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 775.0m USD (from netDebt column, last quarter)
Enterprise Value = 1.37b USD (595.7m + Debt 908.6m - CCE 133.6m)
Interest Coverage Ratio = 1.06 (Ebit TTM 66.6m / Interest Expense TTM 62.9m)
EV/FCF = 36.52x (Enterprise Value 1.37b / FCF TTM 37.5m)
FCF Yield = 2.74% (FCF TTM 37.5m / Enterprise Value 1.37b)
FCF Margin = 4.59% (FCF TTM 37.5m / Revenue TTM 817.7m)
Net Margin = -0.65% (Net Income TTM -5.29m / Revenue TTM 817.7m)
Gross Margin = 54.98% ((Revenue TTM 817.7m - Cost of Revenue TTM 368.1m) / Revenue TTM)
Gross Margin QoQ = 59.03% (prev 47.33%)
Tobins Q-Ratio = 1.06 (Enterprise Value 1.37b / Total Assets 1.30b)
Interest Expense / Debt = 1.95% (Interest Expense 17.7m / Debt 908.6m)
Taxrate = 24.20% (4.39m / 18.1m)
NOPAT = 50.5m (EBIT 66.6m * (1 - 24.20%))
Current Ratio = 1.74 (Total Current Assets 423.6m / Total Current Liabilities 243.7m)
Debt / Equity = 8.50 (Debt 908.6m / totalStockholderEquity, last quarter 107.0m)
Debt / EBITDA = 6.55 (Net Debt 775.0m / EBITDA 118.3m)
Debt / FCF = 20.65 (Net Debt 775.0m / FCF TTM 37.5m)
Total Stockholder Equity = 90.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.50% (Net Income -5.29m / Total Assets 1.30b)
RoE = -5.85% (Net Income TTM -5.29m / Total Stockholder Equity 90.5m)
RoCE = 7.22% (EBIT 66.6m / Capital Employed (Equity 90.5m + L.T.Debt 833.0m))
RoIC = 5.46% (NOPAT 50.5m / Invested Capital 925.3m)
WACC = 5.45% (E(595.7m)/V(1.50b) * Re(11.52%) + D(908.6m)/V(1.50b) * Rd(1.95%) * (1-Tc(0.24)))
Discount Rate = 11.52% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.65%
[DCF Debug] Terminal Value 86.00% ; FCFF base≈56.7m ; Y1≈54.8m ; Y5≈54.4m
Fair Price DCF = 6.37 (EV 1.63b - Net Debt 775.0m = Equity 853.1m / Shares 133.9m; r=5.90% [WACC]; 5y FCF grow -4.42% → 2.90% )
EPS Correlation: -47.23 | EPS CAGR: -43.49% | SUE: -0.24 | # QB: 0
Revenue Correlation: 77.05 | Revenue CAGR: 26.61% | SUE: 0.10 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.11 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=0.44 | Chg30d=-0.032 | Revisions Net=-1 | Growth EPS=+145.4% | Growth Revenue=+0.9%

Additional Sources for GOGO Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle