GOGO Stock Analysis: Gogo | NASDAQ

Telecom Services | NASDAQ, USA | Market Cap: 480m USD | 12M Return: -76.9% | Charts, Fundamentals & Technical Analysis

Aviation Connectivity, In-Flight Entertainment, Airborne Equipment, Antennas
Total Rating 13
Safety 22
Buy Signal -0.70
Telecom Services
Industry Rotation: -2.6
Market Cap: 480M
Avg Turnover: 7.49M
Risk 3d forecast
Volatility93.1%
VaR 5th Pctl12.3%
VaR vs Median10.2%
Reward TTM
Sharpe Ratio-1.99
Rel. Str. IBD1.1
Rel. Str. Peer Group2.9
Character TTM
Beta1.732
Beta Downside1.636
Hurst Exponent0.564
Drawdowns 3y
Max DD82.67%
CAGR/Max DD-0.50
CAGR/Mean DD-0.80
EPS (Earnings per Share) EPS (Earnings per Share) of GOGO over the last years for every Quarter: "2021-06": 0.13, "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": 0.21, "2023-09": 0.16, "2023-12": 0.11, "2024-03": 0.16, "2024-06": 0.1, "2024-09": 0.08, "2024-12": 0.0616, "2025-03": 0.12, "2025-06": 0.13, "2025-09": 0.12, "2025-12": -0.07, "2026-03": 0.08,
EPS CAGR: -30.07%
EPS Trend: -95.4%
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of GOGO over the last years for every Quarter: 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: 230.561, 2026-03: 226.319,
Rev. CAGR: 41.31%
Rev. Trend: 90.2%
Last SUE: -0.68
Qual. Beats: 0

Warnings

High Debt/EBITDA With Thin Interest Coverage
High Debt While Negative Cash Flow
Altman Z'' In Financial Distress Zone
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +3.4% 15
Feb -3.8% 27
Mar -1.1% 0
Apr +0.6% 0
May +11.5% 48
Jun -7.0% 25
Jul -2.0% 20
Aug -5.5% 12
Sep +3.5% 5
Oct -2.2% 9
Nov +0.8% 8
Dec -0.4% 5

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: GOGO Gogo

Gogo Inc. provides broadband connectivity services for the aviation industry, serving both commercial and business aircraft operators primarily in the United States and select international markets. The company operates a vertically integrated platform spanning ground-based network infrastructure (towers, data centers, and cybersecurity systems), proprietary airborne hardware and antennas, and the in-flight software services delivered to end users.

Its revenue model centers on selling connectivity hardware and software packages to original equipment manufacturers (OEMs) and aircraft operators, supplemented by recurring service subscriptions and usage-based fees for voice, data, and in-flight entertainment. Independent dealers handle distribution to the business aviation segment.

Gogo was founded in 1991 and is headquartered in Broomfield, Colorado. It competes in the niche inflight connectivity segment of the wireless telecommunications industry, an area that sits at the intersection of satellite/air-to-ground communications and commercial aerospace, typically characterized by long hardware certification cycles and multi-year service agreements tied to fleet installations.

Headlines to Watch Out For
  • Business aviation flight activity recovery lifts connectivity revenue
  • 5G network rollout drives ARPU growth and elevated capex
  • Starlink Aviation entry threatens inflight connectivity market share
Piotroski VR-10 (Strict) 4.0
Net Income: 14.0m TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -2.09 > 1.0
NWC/Revenue: 18.88% < 20% (prev 28.41%; Δ -9.53% < -1%)
CFO/TA 0.07 > 3% & CFO 84.8m > Net Income 14.0m
Net Debt (866.2m) to EBITDA (160.8m): 5.39 < 3
Current Ratio: 1.66 > 1.5 & < 3
Outstanding Shares: last quarter (136.8m) vs 12m ago 1.13% < -2%
Gross Margin: 52.88% > 18% (prev 60.23%; Δ -7.34% > 0.5%)
Asset Turnover: 71.96% > 50% (prev 46.08%; Δ 25.87% > 0%)
Interest Coverage Ratio: 1.45 > 6 (EBIT TTM 99.5m / Interest Expense TTM 68.5m)
Altman Z'' -1.47
A: 0.13 (Total Current Assets 430.5m - Total Current Liabilities 259.3m) / Total Assets 1.28b
B: -0.92 (Retained Earnings -1.17b / Total Assets 1.28b)
C: 0.08 (EBIT TTM 99.5m / Avg Total Assets 1.26b)
D: 0.10 (Book Value of Equity 118.0m / Total Liabilities 1.16b)
Altman-Z'' = -1.47 = CCC
Beneish M -2.75
DSRI: 0.73 (Receivables 170.3m/147.2m, Revenue 906.5m/570.7m)
GMI: 1.14 (GM 60.23% / 52.88%)
AQI: 0.94 (AQ_t 0.53 / AQ_t-1 0.57)
SGI: 1.59 (Revenue 906.5m / 570.7m)
TATA: -0.06 (NI 14.0m - CFO 84.8m) / TA 1.28b)
Beneish M = -2.75 (Cap -4..+1) = A
What is the price of GOGO shares?

As of July 10, 2026, the stock is trading at USD 3.61 with a total of 1,592,405 shares traded. Over the past week, the price has changed by +4.03%, over one month by +6.96%, over three months by -21.52% and over the past year by -76.87%.

Current recommended Stop Loss: 3.20 (which is 11.4% or 1.6 ATR below the current price).

Is GOGO a buy, sell or hold?

Gogo has received a consensus analysts rating of 3.75. Therefore, it is recommended to hold GOGO.

  • StrongBuy: 1
  • Buy: 1
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the GOGO price?
Analysts Target Price 9.5 163.2%
Gogo (GOGO) - Fundamental Data Overview as of 09 July 2026
Market Cap USD = 480.1m (480.1m USD * 1.0 USD.USD)
P/E Trailing = 35.5
P/E Forward = 6.0496
P/S = 0.5296
P/B = 4.0908
P/EG = -0.43
Revenue TTM = 906.5m USD
EBIT TTM = 99.5m USD
EBITDA TTM = 160.8m USD
Long Term Debt = 813.0m USD (from longTermDebt, last quarter)
Short Term Debt = 37.3m USD (from shortTermDebt, last quarter)
Debt = 969.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 66.5m
Net Debt = 866.2m USD (calculated: Debt 969.7m - CCE 103.5m)
Enterprise Value = 1.35b USD (480.1m + Debt 969.7m - CCE 103.5m)
Interest Coverage Ratio = 1.45 (Ebit TTM 99.5m / Interest Expense TTM 68.5m)
EV/FCF = -187.7x (Enterprise Value 1.35b / FCF TTM -7.17m)
FCF Yield = -0.53% (FCF TTM -7.17m / Enterprise Value 1.35b)
FCF Margin = -0.79% (FCF TTM -7.17m / Revenue TTM 906.5m)
Net Margin = 1.54% (Net Income TTM 14.0m / Revenue TTM 906.5m)
Gross Margin = 52.88% ((Revenue TTM 906.5m - Cost of Revenue TTM 427.1m) / Revenue TTM)
Gross Margin QoQ = 34.41% (prev 70.50%)
Tobins Q-Ratio = 1.05 (Enterprise Value 1.35b / Total Assets 1.28b)
Interest Expense / Debt = 7.06% (Interest Expense 68.5m / Debt 969.7m)
Taxrate = 37.79% (7.95m / 21.0m)
NOPAT = 61.9m (EBIT 99.5m * (1 - 37.79%))
Current Ratio = 1.66 (Total Current Assets 430.5m / Total Current Liabilities 259.3m)
Debt / Equity = 8.22 (Debt 969.7m / totalStockholderEquity, last quarter 118.0m)
Debt / EBITDA = 5.39 (Net Debt 866.2m / EBITDA 160.8m)
 Debt / FCF = -120.8 (out of range, set to none) (Net Debt 866.2m / FCF TTM -7.17m)
 Total Stockholder Equity = 107.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.11% (Net Income 14.0m / Total Assets 1.28b)
RoE = 13.03% (Net Income TTM 14.0m / Total Stockholder Equity 107.2m)
RoCE = 10.81% (EBIT 99.5m / Capital Employed (Equity 107.2m + L.T.Debt 813.0m))
RoIC = 6.10% (NOPAT 61.9m / Invested Capital 1.01b)
WACC = 6.94% (E(480.1m)/V(1.45b) * Re(12.07%) + D(969.7m)/V(1.45b) * Rd(7.06%) * (1-Tc(0.38)))
Discount Rate = 12.07% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 33.33 | Cagr: 1.30%
 [DCF] Fair Price = unknown (Cash Flow -7.17m)
 EPS Correlation: -95.38 | EPS CAGR: -30.07% | SUE: 0.0 | # QB: 0
Revenue Correlation: 90.24 | Revenue CAGR: 41.31% | SUE: -0.68 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.12 | Chg30d=+9.09% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.14 | Chg30d=-6.67% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=0.32 | Chg30d=-10.19% | Revisions=-25% | GrowthEPS=+259.3% | GrowthRev=+0.5%
EPS next Year (2027-12-31): EPS=0.80 | Chg30d=+0.00% | Revisions=-25% | GrowthEPS=+35.6% | GrowthRev=+3.9%
[Analyst] Revisions Ratio: -29% (up=1, down=3)