Gogo downgraded by JP Morgan with a new price target
$GOGO
Telecommunications Equipment
Consumer Discretionary
JP Morgan downgraded Gogo from Neutral to Underweight and set a new price target of $10.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/29/2024 | $15.00 → $11.00 | Neutral | JP Morgan |
| 11/1/2022 | $14.00 → $15.00 | Underweight → Equal-Weight | Morgan Stanley |
| 10/7/2021 | $11.00 → $16.00 | Underweight → Neutral | JP Morgan |
| 10/6/2021 | $14.00 | Equal-Weight → Underweight | Morgan Stanley |
Total Revenue of $100.5 million, up 3% Year-over-Year; Third Quarter Service Revenue of $81.9 million, up 3% Year-over-Year Q3 Net Income of $10.6 million; Adjusted EBITDA(1) of $34.8 million Updates 2024 Guidance Recent Strategic Galileo HDX wins with Textron Aviation and Wheels Up BROOMFIELD, Colo., Nov. 5, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ:GOGO) ("Gogo" or the "Company"), a leading global provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended September 30, 2024. Q3 2024 Highlights Total revenue of $100.5 million increased 3% compared to Q3 2023 and decreased 1% compared to Q2 2024.Service revenue of
BROOMFIELD, Colo., Nov. 4, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ:GOGO) announced today that its Gogo Galileo HDX electronically steerable antenna (ESA), designed to provide access to Low Earth Orbit (LEO) satellite networks for all sizes of business aircraft, has passed FAA-mandated DO-160 qualification testing. "Passing DO-160 keeps us on track to receive the first-article Supplemental Type Certificate (STC) and commercially launch Gogo Galileo later this year," said Jeremy Tyler, vice president of airborne product engineering for Gogo. DO-160 testing ensures th
LAS VEGAS, Oct. 22, 2024 /PRNewswire/ -- (NBAA-BACE, booth 1601) – Wheels Up has reached an agreement with Gogo Business Aviation (NASDAQ:GOGO) to add Gogo Galileo HDX, the company's Low Earth Orbit (LEO) global broadband satellite solution, fleetwide. "Exceptional onboard Wi-Fi is a central in-flight experience feature our members and customers value when selecting an aircraft," said George Mattson, CEO for Wheels Up. "Gogo is a long-term proven partner of ours, and their next generation Galileo HDX system is a key element of our fleet modernization plan. We look forward to delivering to our customers best-in-class connectivity as we become one of the first and only domestic fleets in priv
4 - Gogo Inc. (0001537054) (Issuer)
4 - Gogo Inc. (0001537054) (Issuer)
JP Morgan resumed coverage of Gogo with a rating of Neutral and set a new price target of $11.00 from $15.00 previously
Morgan Stanley upgraded Gogo from Underweight to Equal-Weight and set a new price target of $15.00 from $14.00 previously
JP Morgan upgraded Gogo from Underweight to Neutral and set a new price target of $16.00 from $11.00 previously
8-K - Gogo Inc. (0001537054) (Filer)
10-Q - Gogo Inc. (0001537054) (Filer)
8-K - Gogo Inc. (0001537054) (Filer)
BROOMFIELD, Colo., July 24, 2024 /PRNewswire/ -- The Board of Directors of Gogo Inc. (NASDAQ:GOGO) ("Gogo" or the "Company") today announced the appointment of Monte Koch as a member of the Board, effective July 17, 2024, expanding the Board from 9 to 10 directors. "Monte brings unique, deep expertise on the business aviation ecosystem and is a valuable addition to Gogo's Board," said Oakleigh Thorne, Gogo Chairman and CEO. "For nearly 20 years, Monte served on the Board of the National Business Aviation Association, not to mention logging over 5,000 hours as a pilot, reflecting his lifelong passion for private aviation." "That experience, coupled with his 25-year career in finance and role
BROOMFIELD, Colo. , Nov. 2, 2022 /PRNewswire/ -- Gogo Inc. (NASDAQ:GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced the appointment of Crystal Gordon as Executive Vice President, General Counsel and Secretary, effective Nov. 3. She joins Gogo today and will succeed current Executive Vice President and General Counsel Margee Elias who is retiring. Elias will serve as Special Advisor to the CEO for six months and will work closely with Gordon during that time as they transition job responsibilities. "We cond
CHICAGO, May 18, 2021 /PRNewswire/ -- Gogo Inc. (NASDAQ:GOGO) ("Gogo") announced today the appointment of individuals to fill two senior leadership positions. Gustavo Nader will join Gogo as the new Chief Strategy Officer and Melissa Hale will serve as Senior Vice President of Product and Marketing. "The addition of Melissa and Gustavo to our Gogo senior leadership team is good news for our company. They each have deep aviation acumen in their respective fields that will prove invaluable as we continue on our growth trajectory," said Oakleigh Thorne, Gogo's Chairman and CEO. "We are excited to welcome them onboard." As Chief Strategy Officer, Nader, a telecommunications executive with 30 ye
SC 13G/A - Gogo Inc. (0001537054) (Subject)
SC 13G - Gogo Inc. (0001537054) (Subject)
SC 13G - Gogo Inc. (0001537054) (Subject)
Total Revenue of $100.5 million, up 3% Year-over-Year; Third Quarter Service Revenue of $81.9 million, up 3% Year-over-Year Q3 Net Income of $10.6 million; Adjusted EBITDA(1) of $34.8 million Updates 2024 Guidance Recent Strategic Galileo HDX wins with Textron Aviation and Wheels Up BROOMFIELD, Colo., Nov. 5, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ:GOGO) ("Gogo" or the "Company"), a leading global provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended September 30, 2024. Q3 2024 Highlights Total revenue of $100.5 million increased 3% compared to Q3 2023 and decreased 1% compared to Q2 2024.Service revenue of
BROOMFIELD, Colo., Oct. 17, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ:GOGO), a leading global provider of broadband connectivity services for the business aviation market, today announced that it will release its financial results for the third quarter of 2024 before the market opens on Nov. 5, 2024. The Company will host a conference call with financial analysts the same day at 8:30 a.m. (ET). Conference Call & WebcastA live webcast of the conference call, as well as a replay, will be available online on the Investor Relations section of the Company's investor website at https://ir.gogoair.com/. 3Q Earnings Call Webcast Link:https://edge.media-server.com/mmc/p/r7xg4923 Participants can use th
Establishes the only multi-orbit, multi-band, global in-flight connectivity provider serving the fast-growing business aviation and military/government mobility markets Immediately accretive transaction delivers scale benefits and significant cost synergies for enhanced value creation BROOMFIELD, Colo., Sept. 30, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ:GOGO) ("Gogo" or the "Company") and Satcom Direct today announced entry into a definitive agreement under which Gogo will acquire Satcom Direct to create the only in-flight connectivity provider able to satisfy the performance and cost needs of every segment of the global business aviation (BA) and military/government mobility markets.
Gogo Business Aviation (NASDAQ:GOGO) today announced it is partnering with ALAMO Engineering GmbH to develop a European Supplemental Type Certificate (STC) for the Gogo Galileo HDX antenna for Cessna Citation Latitude midsize jets.
Gainers Bandwidth (NASDAQ:BAND) stock rose 8.9% to $22.33 during Tuesday's pre-market session. The company's market cap stands at $602.4 million. The company's, Q1 earnings came out today. Intelligent Group (NASDAQ:INTJ) shares moved upwards by 8.56% to $1.07. The market value of their outstanding shares is at $13.9 million. Vimeo (NASDAQ:VMEO) stock rose 7.89% to $4.1. The company's market cap stands at $692.1 million. As per the news, the Q1 earnings report came out yesterday. Gogo (NASDAQ:GOGO) stock increased by 7.86% to $10.15. The market value of their outstanding shares is at $1.2 billion. The company's, Q1 earnings came out today. Onfolio Holdings (NASDAQ:ONFO) stock increased b
4 - Gogo Inc. (0001537054) (Issuer)
4 - Gogo Inc. (0001537054) (Issuer)
4 - Gogo Inc. (0001537054) (Issuer)