What is William Blair’s Estimate for Gogo Q1 Earnings?

Gogo Inc. (NASDAQ:GOGO) – Research analysts at William Blair issued their Q1 2025 earnings per share (EPS) estimates for shares of Gogo in a report issued on Monday, March 17th. William Blair analyst L. Dipalma expects that the technology company will post earnings of $0.20 per share for the quarter. The consensus estimate for Gogo’s current full-year earnings is $0.41 per share. William Blair also issued estimates for Gogo’s Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.23 EPS, Q4 2025 earnings at $0.25 EPS, FY2025 earnings at $1.13 EPS and FY2026 earnings at $1.83 EPS.

Several other brokerages have also weighed in on GOGO. StockNews.com lowered Gogo from a “hold” rating to a “sell” rating in a report on Monday. Roth Mkm reduced their target price on Gogo from $15.50 to $13.00 and set a “buy” rating for the company in a research report on Monday.

Gogo Stock Up 11.1 %

Shares of GOGO stock opened at $7.70 on Thursday. Gogo has a 12 month low of $6.17 and a 12 month high of $11.00. The company has a quick ratio of 2.81, a current ratio of 3.58 and a debt-to-equity ratio of 11.07. The firm has a market cap of $968.50 million, a PE ratio of 17.91 and a beta of 1.01. The stock has a 50 day moving average of $7.74 and a 200-day moving average of $7.56.

Gogo (NASDAQ:GOGO) last announced its quarterly earnings results on Friday, March 14th. The technology company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.04 by $0.03. Gogo had a return on equity of 121.96% and a net margin of 13.94%. The company had revenue of $137.80 million for the quarter, compared to the consensus estimate of $97.80 million. The company’s revenue for the quarter was up 40.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.11 earnings per share.

Hedge Funds Weigh In On Gogo

A number of institutional investors have recently modified their holdings of the stock. PharVision Advisers LLC acquired a new stake in shares of Gogo in the fourth quarter valued at approximately $746,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Gogo by 14.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 237,941 shares of the technology company’s stock valued at $1,925,000 after buying an additional 29,585 shares during the period. Voloridge Investment Management LLC raised its position in shares of Gogo by 76.1% during the fourth quarter. Voloridge Investment Management LLC now owns 581,706 shares of the technology company’s stock worth $4,706,000 after acquiring an additional 251,348 shares during the last quarter. Squarepoint Ops LLC lifted its stake in shares of Gogo by 222.0% during the fourth quarter. Squarepoint Ops LLC now owns 30,506 shares of the technology company’s stock valued at $247,000 after acquiring an additional 55,506 shares during the period. Finally, Two Sigma Investments LP boosted its holdings in Gogo by 50.1% in the fourth quarter. Two Sigma Investments LP now owns 101,778 shares of the technology company’s stock valued at $823,000 after acquiring an additional 33,960 shares during the last quarter. 69.60% of the stock is owned by institutional investors.

Insider Transactions at Gogo

In related news, Director Oakleigh Thorne purchased 30,173 shares of Gogo stock in a transaction that occurred on Monday, March 17th. The shares were acquired at an average price of $6.57 per share, for a total transaction of $198,236.61. Following the transaction, the director now directly owns 711,341 shares in the company, valued at approximately $4,673,510.37. This represents a 4.43 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 26.00% of the company’s stock.

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.