Analyst Price Target is $12.17
▲ +50.21% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Gogo in the last 3 months. The average price target is $12.17, with a high forecast of $15.50 and a low forecast of $10.00. The average price target represents a 50.21% upside from the last price of $8.10.
Current Consensus is
Hold
The current consensus among 3 contributing investment analysts is to hold stock in Gogo. This rating has held steady since July 2024, when it changed from a Moderate Buy consensus rating.
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. The company offers voice and data, in-flight entertainment, and other services. In addition, it engages in the development, deployment, and operation of networks, towers, and data center infrastructure to support in-flight connectivity services, as well as in the provision of telecommunications connections to the internet. The company sells its products primarily to aircraft operators and original equipment manufacturers of business aviation aircraft through a distribution network of independent dealers. Gogo Inc. was founded in 1991 and is headquartered in Broomfield, Colorado. As of May 2024, Gogo Inc. claims that "Gogo is the only company in North America with a complete, certified airborne 5G network, meaning that all components within the network (including onboard equipment) are 5G native."
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