Gogo (NASDAQ:GOGO) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Posted by George Bondi on Jul 10th, 2026

Shares of Gogo Inc. (NASDAQ:GOGO – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.29 and traded as low as $3.48. Gogo shares last traded at $3.61, with a volume of 1,609,979 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on GOGO shares. Weiss Ratings upgraded shares of Gogo from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, May 12th. Roth Capital set a $12.00 target price on shares of Gogo in a research note on Thursday, May 7th. Finally, Morgan Stanley reduced their price target on shares of Gogo from $8.00 to $7.00 and set an “equal weight” rating for the company in a report on Thursday, May 21st. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Gogo presently has an average rating of “Reduce” and an average price target of $9.50.

Read Our Latest Stock Analysis on GOGO

Gogo Price Performance

The stock has a 50-day simple moving average of $3.86 and a 200 day simple moving average of $4.29. The company has a debt-to-equity ratio of 6.89, a quick ratio of 1.27 and a current ratio of 1.66. The company has a market cap of $488.22 million, a P/E ratio of 32.82 and a beta of 1.16.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC raised its stake in shares of Gogo by 69.6% in the 4th quarter. Brighton Jones LLC now owns 17,000 shares of the technology company’s stock valued at $138,000 after buying an additional 6,978 shares in the last quarter. AQR Capital Management LLC increased its stake in Gogo by 43.4% in the first quarter. AQR Capital Management LLC now owns 47,219 shares of the technology company’s stock valued at $407,000 after acquiring an additional 14,293 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Gogo by 6.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,205 shares of the technology company’s stock worth $338,000 after purchasing an additional 2,342 shares in the last quarter. Millennium Management LLC raised its position in Gogo by 439.5% in the first quarter. Millennium Management LLC now owns 709,003 shares of the technology company’s stock worth $6,112,000 after purchasing an additional 577,575 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Gogo by 23.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 294,173 shares of the technology company’s stock worth $2,536,000 after purchasing an additional 56,232 shares during the period. 69.60% of the stock is owned by institutional investors.

Gogo Company Profile

(Get Free Report)

Gogo Inc is a leading provider of in-flight connectivity and entertainment solutions for commercial and business aviation. The company specializes in delivering broadband internet, voice and text services, and streaming entertainment to passengers at 35,000 feet. Gogo’s offerings include both air-to-ground (ATG) networks and satellite-based connectivity, enabling reliable in-flight internet access across a range of aircraft types.

Gogo’s ATG network spans the United States and portions of Canada, using ground towers to transmit data signals directly to equipped aircraft.