In the last trading session, 1.14 million Gogo Inc (NASDAQ:GOGO) shares changed hands as the company’s beta touched 0.97. With the company’s per share price at $11.11 changed hands at $0.04 or 0.36% during last session, the market valuation stood at $1.47B. GOGO’s last price was a discount, traded about -18.45% off its 52-week high of $13.16. The share price had its 52-week low at $6.17, which suggests the last value was 44.46% up since then.
Analysts gave the Gogo Inc (GOGO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended GOGO as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Gogo Inc (NASDAQ:GOGO) trade information
Instantly GOGO was in green as seen at the end of in last trading. With action 4.71%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 37.33%, with the 5-day performance at 4.71% in the green. However, in the 30-day time frame, Gogo Inc (NASDAQ:GOGO) is 47.54% up.
The consensus price target for the stock as assigned by Wall Street analysts is 15.25, meaning bulls need an upside of 27.15% from its current market value. According to analyst projections, GOGO’s forecast low is 15 with 15.5 as the target high. To hit the forecast high, the stock’s price needs a -39.51% plunge from its current level, while the stock would need to soar -35.01% for it to hit the projected low.
The 2025 estimates are for Gogo Inc earnings to increase by 353.33%, but the outlook for the next 5-year period is at 109.16% per year.
GOGO Dividends
Gogo Inc is expected to release its next quarterly earnings report in July.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.6753% or 9.85 million shares worth $94.73 million as of 2024-06-30.
Among Mutual Funds, the top two as of Feb 28, 2025 were Fidelity Securities Fund-Fidelity Small Cap Growth Fund and iShares Trust-iShares Core S&P Small-Cap ETF . With 4.17 shares estimated at $46.31 million under it, the former controlled 3.15% of total outstanding shares. On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF held about 2.70% of the shares, roughly 3.57 shares worth around $39.71 million.
