Gogo Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga
09 May

Gogo Inc. (NASDAQ:GOGO) will release earnings results for the first quarter, before the opening bell on Friday, May 9.

Analysts expect the Broomfield, Colorado-based company to report quarterly earnings at 8 cents per share, down from 16 cents per share in the year-ago period. Gogo projects to report quarterly revenue at $214.44 million, compared to $104.32 million a year earlier, according to data from Benzinga Pro.

Gogo, last month, appointed Oakleigh Thorne as Executive Chairman.

Gogo shares gained 0.5% to close at $7.57 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Roth MKM analyst Scott Searle maintained a Buy rating and cut the price target from $15.5 to $13 on March 17, 2025. This analyst has an accuracy rate of 70%.
  • Morgan Stanley analyst Simon Flannery maintained an Equal-Weight rating and slashed the price target from $12 to $11 on Sept. 3, 2024. This analyst has an accuracy rate of 66%.
  • JP Morgan analyst Philip Cusick maintained a Neutral rating and cut the price target from $11 to $10 on Aug. 8, 2024. This analyst has an accuracy rate of 63%.

Considering buying GOGO stock? Here’s what analysts think:

Read This Next:

  • Top 3 Financial Stocks Which Could Rescue Your Portfolio This Month

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10