Gogoro Inc. engages in the research, development, manufacture, sale, and distribution of electric scooters and electric scooter enabling components in Taiwan and internationally. Its electric scooters portfolio includes Gogoro SuperSport, Gogoro S1, Gogoro 2 Series, Gogoro VIVA XL, Gogoro VIVA MIX, and Gogoro VIVA. The company also offers battery swapping solutions. Gogoro Inc. was incorporated in 2011 and is based in Taipei, Taiwan.
IPO Year:
Exchange: NASDAQ
Website: https://www.gogoro.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/15/2024 | $2.29 → $0.50 | Buy → Neutral | Citigroup |
8/19/2024 | Buy → Hold | The Benchmark Company | |
12/13/2023 | Underweight → Neutral | JP Morgan | |
9/20/2022 | $4.30 | Underweight | JP Morgan |
6/9/2022 | $8.60 | Buy | Citigroup |
The Companies Plan to Launch a Battery Swapping B2B Pilot in Delhi in December 2022 that Will Enable Last Mile Delivery Fleets to Electrify through Gogoro Network Battery Swapping, a Swapping Platform that is Proven, Reliable and Safe with More than 350 million Battery Swaps to Date. NEW DELHI, Nov. 3, 2022 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced a strategic B2B initiative and partnership with Zypp Electric, India's leading EV-as-a-Service platform. Together, the companies are focused on accelerating the urban shift of logistics fleets and last mile deliveries to
TAIPEI, Feb. 13, 2025 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its fourth quarter and twelve months ended December 31, 2024. Fourth Quarter and Full Year 2024 Summary Fourth quarter revenue of $73.0 million, down 20.2% year-over-year and down 19.2% on a constant currency basis; Full year revenue of $310.5 million, down 11.2% year-over-year and down 8.5% on a constant currency basis.Fourth qu
TAIPEI, Nov. 14, 2024 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its third quarter ended September 30, 2024. Third Quarter 2024 Summary Revenue of $86.9 million, down 5.3% year-over-year and down 3.4% on a constant currency basis.Battery swapping service revenue of $34.9 million, up 3.8% year-over-year and up 6.0% on a constant currency basis.Sales of hardware and others revenue of $52.0 milli
TAIPEI, Taiwan, Aug. 15, 2024 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Summary Successfully closed two private placements: Gold Sino Assets Limited and Castrol Holdings International Limited invested $50 million and $25 million, respectively, to purchase ordinary shares of Gogoro.Revenue of $80.9 million, down 7.2% year-over-year an
TAIPEI, May 9, 2024 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its first quarter ended March 31, 2024. First Quarter 2024 Summary Revenue of $69.7 million, down 12.1% year-over-year and down 9.0% on a constant currency basis.Battery swapping service revenue of $32.5 million, up 0.6% year-over-year and up 4.1% on a constant currency basis.Introduced two new vehicles, namely Gogoro Pulse, our ne
TAIPEI, Taiwan, Feb. 7, 2024 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its fourth quarter and twelve months ended December 31, 2023. Fourth Quarter and Full Year 2023 Summary Fourth quarter revenue of $91.5 million, down 4.1% year-over-year and down 2.8% on a constant currency basis; Full year revenue of $349.8 million, down 8.6% year-over-year and down 4.6% on a constant currency basisFourth quarter battery swapping service
TAIPEI, Taiwan, Nov. 16, 2023 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its third quarter ended September 30, 2023. Third Quarter 2023 Summary Revenue of $91.8 million, down 10.2% year-over-year and down 6.5% on a constant currency basis;Battery swapping service revenue of $33.6 million, up 10.4% year-over-year and up 14.1% on a constant currency basis;Gross margin of 18.3%, up from 17.4% in the same quarter last year. Non-IF
TAIPEI, Taiwan, Aug. 10, 2023 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its second quarter ended June 30, 2023. Second Quarter 2023 Summary Revenue of $87.2 million, down 3.8% year-over-year and up 0.2% on a constant currency basisBattery swapping service revenue of $33.3 million, up 9.6% year-over-year and up 14.2% on a constant currency basisGross margin of 15.2%, up from 14.0% in the same quarter last year. Non-IFRS gross
The Vehicle, Merchandise and Accessories Collaboration is part of Gogoro and MUJI's Joint "Recycling for Good" Sustainability Initiative that Enables the Public to Recycle Polypropylene Plastic (PP) Waste for use in the new Gogoro MUJI Smartscooters. TAIPEI, July 31, 2023 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced a collaboration with Japanese designer Naoto Fukasawa and MUJI, the Tokyo-based consumer goods and lifestyle company. The newly designed Gogoro VIVA ME and Gogoro VIVA MIX ME along with a range of merchandise and accessories were launched today at a press
TAIPEI , July 27, 2023 /PRNewswire/ -- Gogoro® Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it will release its financial results for the quarter ended June 30th, 2023, before markets open on August 10th, 2023. Gogoro's management team will hold an earnings Webcast at 8:00 a.m. Eastern Time on August 10th, 2023 to discuss the Company's financial and business results and outlook. What: Date of Gogoro Q2 2023 Financial Results and Q&A WebcastWhen: Thursday, August 10, 2023
Maharashtra's Ultra Mega Project Offer Outlines an Eight Year Phase 1 Investment Plan that Includes More Than $500 Million Investment in Manufacturing and $1 Billion in Smart Battery Infrastructure Deployment by Gogoro supported by Financial Incentives and Reimbursements by the State of Maharashtra. The Project Would be One of the Largest EV Investments in India's History and Follows an MOU Announcement at Davos in January 2023. MUMBAI, India, June 29, 2023 /PRNewswire/ -- The Indian State of Maharashtra and Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that the Maharashtra government
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TAIPEI, Feb. 13, 2025 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its fourth quarter and twelve months ended December 31, 2024. Fourth Quarter and Full Year 2024 Summary Fourth quarter revenue of $73.0 million, down 20.2% year-over-year and down 19.2% on a constant currency basis; Full year revenue of $310.5 million, down 11.2% year-over-year and down 8.5% on a constant currency basis.Fourth qu
TAIPEI, Nov. 14, 2024 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its third quarter ended September 30, 2024. Third Quarter 2024 Summary Revenue of $86.9 million, down 5.3% year-over-year and down 3.4% on a constant currency basis.Battery swapping service revenue of $34.9 million, up 3.8% year-over-year and up 6.0% on a constant currency basis.Sales of hardware and others revenue of $52.0 milli
TAIPEI, Taiwan, Aug. 15, 2024 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Summary Successfully closed two private placements: Gold Sino Assets Limited and Castrol Holdings International Limited invested $50 million and $25 million, respectively, to purchase ordinary shares of Gogoro.Revenue of $80.9 million, down 7.2% year-over-year an
TAIPEI, May 9, 2024 /PRNewswire/ -- Gogoro Inc. ("Gogoro," "the Company" or "We") (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its first quarter ended March 31, 2024. First Quarter 2024 Summary Revenue of $69.7 million, down 12.1% year-over-year and down 9.0% on a constant currency basis.Battery swapping service revenue of $32.5 million, up 0.6% year-over-year and up 4.1% on a constant currency basis.Introduced two new vehicles, namely Gogoro Pulse, our ne
TAIPEI, Taiwan, Feb. 7, 2024 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its fourth quarter and twelve months ended December 31, 2023. Fourth Quarter and Full Year 2023 Summary Fourth quarter revenue of $91.5 million, down 4.1% year-over-year and down 2.8% on a constant currency basis; Full year revenue of $349.8 million, down 8.6% year-over-year and down 4.6% on a constant currency basisFourth quarter battery swapping service
TAIPEI, Taiwan, Nov. 16, 2023 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its third quarter ended September 30, 2023. Third Quarter 2023 Summary Revenue of $91.8 million, down 10.2% year-over-year and down 6.5% on a constant currency basis;Battery swapping service revenue of $33.6 million, up 10.4% year-over-year and up 14.1% on a constant currency basis;Gross margin of 18.3%, up from 17.4% in the same quarter last year. Non-IF
TAIPEI, Taiwan, Aug. 10, 2023 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its second quarter ended June 30, 2023. Second Quarter 2023 Summary Revenue of $87.2 million, down 3.8% year-over-year and up 0.2% on a constant currency basisBattery swapping service revenue of $33.3 million, up 9.6% year-over-year and up 14.2% on a constant currency basisGross margin of 15.2%, up from 14.0% in the same quarter last year. Non-IFRS gross
TAIPEI, Taiwan, May 11, 2023 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its first quarter ended March 31, 2023. First quarter revenue of $79.3 million, down 16.0% year-over-year and down 8.8% on a constant currency basisFirst quarter battery swapping revenue of $32.3 million, up 9.8% year-over-year and up 19.2% on a constant currency basisFirst quarter net loss of $40.6 million, up from a net loss of $21.7 million in the same
TAIPEI, Taiwan, Feb. 16, 2023 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its fourth quarter and twelve months ended December 31, 2022. Fourth quarter revenue of $95.5 million, down 20.8% year-over-year and down 10.5% on a constant currency basis; Full year revenue of $382.8 million, up 4.6% year-over-year and up 11.7% on a constant currency basisFourth quarter network revenue of $31.4 million, up 19.5% year-over-year and up 34
TAIPEI, Taiwan, Nov. 10, 2022 /PRNewswire/ -- Gogoro Inc. (NASDAQ:GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its third quarter ended September 30, 2022. Third Quarter Summary Revenue of $102.2 million, up 1.5% year-over-year and up 10.7% on a constant currency basis despite the complex macroeconomic environmentGogoro Network revenue of $30.4 million, up 17.7% year-over-year and up 28.5% on a constant currency basis. This demonstrates an increase in our battery s
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Citigroup downgraded Gogoro from Buy to Neutral and set a new price target of $0.50 from $2.30 previously
The Benchmark Company downgraded Gogoro from Buy to Hold
JP Morgan upgraded Gogoro from Underweight to Neutral
JP Morgan initiated coverage of Gogoro with a rating of Underweight and set a new price target of $4.30
Citigroup initiated coverage of Gogoro with a rating of Buy and set a new price target of $8.60