What is William Blair’s Forecast for Gogo FY2026 Earnings?

Gogo Inc. (NASDAQ:GOGO) – Stock analysts at William Blair cut their FY2026 earnings estimates for Gogo in a research note issued to investors on Thursday, November 6th. William Blair analyst L. Dipalma now anticipates that the technology company will post earnings of $0.58 per share for the year, down from their prior estimate of $0.59. The consensus estimate for Gogo’s current full-year earnings is $0.41 per share.

Other analysts also recently issued reports about the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Gogo in a research report on Wednesday, October 8th. Wall Street Zen downgraded Gogo from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Morgan Stanley started coverage on shares of Gogo in a research note on Thursday, August 14th. They issued an “equal weight” rating and a $15.00 price objective on the stock. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $14.83.

Gogo Stock Performance

GOGO opened at $7.64 on Monday. Gogo has a 1-year low of $6.20 and a 1-year high of $16.82. The stock has a market cap of $1.02 billion, a P/E ratio of -152.80 and a beta of 1.04. The stock’s 50 day simple moving average is $9.27 and its 200 day simple moving average is $11.46. The company has a debt-to-equity ratio of 7.79, a current ratio of 1.74 and a quick ratio of 1.40.

Gogo (NASDAQ:GOGO) last issued its earnings results on Thursday, November 6th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.12). Gogo had a negative net margin of 0.65% and a positive return on equity of 71.74%. The company had revenue of $223.59 million during the quarter, compared to analysts’ expectations of $222.23 million. During the same period last year, the business posted $0.08 earnings per share. The company’s quarterly revenue was up 122.4% on a year-over-year basis. Gogo has set its FY 2025 guidance at EPS.

Institutional Investors Weigh In On Gogo

A number of hedge funds and other institutional investors have recently modified their holdings of GOGO. William Blair Investment Management LLC lifted its position in Gogo by 124.8% during the second quarter. William Blair Investment Management LLC now owns 5,673,833 shares of the technology company’s stock worth $83,292,000 after buying an additional 3,149,585 shares during the period. Ancora Advisors LLC acquired a new position in shares of Gogo during the 1st quarter valued at about $458,000. Select Equity Group L.P. increased its stake in shares of Gogo by 68.8% during the 1st quarter. Select Equity Group L.P. now owns 402,987 shares of the technology company’s stock valued at $3,474,000 after acquiring an additional 164,257 shares during the last quarter. Tenzing Global Management LLC lifted its holdings in shares of Gogo by 31.3% during the 1st quarter. Tenzing Global Management LLC now owns 2,725,000 shares of the technology company’s stock worth $23,490,000 after acquiring an additional 650,000 shares during the period. Finally, Invesco Ltd. boosted its position in shares of Gogo by 4.5% in the first quarter. Invesco Ltd. now owns 184,680 shares of the technology company’s stock worth $1,592,000 after acquiring an additional 7,958 shares during the last quarter. 69.60% of the stock is currently owned by hedge funds and other institutional investors.

About Gogo

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.