Gogo Inc.

Gogo Inc.

GOGOยทNASDAQ

$3.93

-10%
Communication ServicesTelecommunications Services

Gogo Inc., through its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. It operates through Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW), and Business Aviation (BA) segments. The company design, build and operate air-to-ground networks, engineer and maintain in-flight systems of proprietary hardware and software, and deliver customizable connectivity and wireless entertainment services. It also offers suite of integrated equipment, network, and internet connectivity products and services, as well as includes suite of smart cabin systems for integrated connectivity, in-flight entertainment, and voice solutions. In addition, the company portfolio comprises of in-flight network, in-flight systems, in-flight services, aviation partner support, and production operations functions. Further, the company offers satellite-based voice and data services. Gogo Inc. was founded in 1991 and is headquartered in Broomfield, Colorado.

At a Glance

Live Snapshot
Market Cap$531.49M
EPS0.0966
P/E Ratio40.68
Earnings Date08/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 40.7).

Valuation inputs: P/E 40.7, earnings yield +2.5%, momentum -10.1%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +12.8%, ROIC +5.2%).

Profitability stack: net margin +1.4%, ROE +12.8%, ROIC +5.2%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +92.2%, momentum -10.1%, net margin +1.4%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Gogo Inc. Market vs Earnings Trajectory

GOGO ยท NASDAQ

Loading price and EPS data...

Gogo Inc.

Gogo Inc. Fair Value Envelope

GOGO ยท NASDAQ

Our analysis suggests that GOGO has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $3.93, this represents a potential HIDDEN relative to our calculated worth for Gogo Inc..

Intrinsic Value
Current Price: $3.93
3Y-87.0%
5Y-103.0%
10Y-106.0%
3Y+125.0%
5Y+238.0%
10Y+53.0%
3Y-86.0%
5Y-105.0%
10Y-110.0%
3Y+20.0%
5Y-194.0%
10Y+92.0%
3Y+22.0%
5Y-146.0%
10Y-158.0%
3Y+72.0%
5Y+94.0%
10Y+5.0%
Gogo Inc.

Gogo Inc. Profit Bridge

GOGO ยท NASDAQ
Revenue910.49M
Cost of Goods Sold (372.73M)
Gross Profit537.76M
Operating Expenses (423.68M)
Operating Income114.08M
Interest Expense (68.22M)
Other Income/Expense-87.27M
Pretax Income26.81M
Income Tax (13.89M)
Net Income12.92M
Net Income
12.92M

Profitability Analysis

Gross Margin

59.1%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

12.5%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

1.4%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

51.8%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

59.06%
Gross Profit Margin
-6%
3Y-11.0%
5Y-14.0%
10Y+9.0%
12.53%
Operating Profit Margin
9%
3Y-64.0%
5Y-56.0%
10Y-381.0%
1.42%
Net Profit Margin
-54%
3Y-94.0%
5Y-102.0%
10Y-107.0%
12.78%
Return on Equity
-36%
3Y-114.0%
5Y-67.0%
10Y-96.0%
0.99%
Return on Assets
-11%
3Y-92.0%
5Y-103.0%
10Y-110.0%
5.23%
Return on Invested Capital
43%
3Y-71.0%
5Y-60.0%
10Y-294.0%
GOGO

Gogo Inc. Cash Conversion Engine

GOGO ยท NASDAQ
Net Income12.92M
Depreciation & Amortization60.28M
Stock-Based Compensation24.07M
Change in Working Capital-7.37M
Others24.63M
Capital Expenditures-59.38M
Free Cash Flow65.11M

Cash Flow Quality Analysis

FCF Conversion Rate

503.9%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

47.7%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

+133.2%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$7.37M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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Gogo Inc. Funding & Solvency Profile

GOGO ยท NASDAQ
Cash & Cash Equivalents103.54M
Net Receivables115.14M
Inventory101.79M
Other Current Assets109.99M
Total Current Assets430 M
Property, Plant & Equipment172.11M
Goodwill & Intangible Assets426.57M
Long-Term Investments0.00
Other Non-Current Assets49.80M
Total Non-Current Assets222 M
Total Assets
1.28B

Financial Health Analysis

Current Ratio

1.66x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

9.86x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

171 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

34% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

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Gogo Inc. Street Expectations Map

GOGO ยท NASDAQ

Wall Street analysts project that GOGO stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 9.50, with estimates ranging from a low of 7.00 to a high of 12.00.

Lowest Target
7.00
78.12%
Consensus Target
9.50
141.73%
Highest Target
12.00
205.34%

The consensus 1-year price target stands at 9.50, with estimates ranging from a low of 7.00 to a high of 12.00.

Analyst Consensus Analysis

Upside Potential

+141.7%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

52.6% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

High risk, high reward: Substantial upside potential exists, but wide analyst disagreement signals execution risk or unclear catalysts. Thorough due diligence essential before committing capital.

gogo

Gogo Inc. Insider Positioning

GOGO ยท NASDAQ

During the last 12 months, insiders have purchased $3.47M and sold $1.61M worth of GOGO shares, resulting in $1.86M of net buying activity.

3 Months

Bought

250.0K

1.14M

Sold

0

0.00

Net Activity

+1.1M

+$1.14M

3-6 Months

Bought

150.0K

802.50K

Sold

0

0.00

Net Activity

+803K

+$803K

6-9 Months

Bought

200.0K

1.41M

Sold

0

0.00

Net Activity

+1.4M

+$1.41M

9-12 Months

Bought

10.0K

121.10K

Sold

107.1K

1.61M

Net Activity

-1.5M

-$1.49M

Top Buyers

1
TCC

Townsend Charles C

Director

450.0K sharesโ€ข6 transactions

$2.54M

2
TO

Thorne Oakleigh

Director, 10 Percent Owner, Officer: Executive Chair

150.0K sharesโ€ข1 transactions

$803K

3
MCJ

Moore Christopher John

Director, Officer: Chief Executive Officer

10.0K sharesโ€ข1 transactions

$121K

Top Sellers

1
BM

Begler Michael

Officer: Evp, Coo

107.1K sharesโ€ข1 transactions

$1.61M

Insider Activity Analysis

Net Insider Sentiment

Bullish

Positive insider sentiment with $1.86M net buying. Buying activity substantially exceeds selling, indicating insider confidence.

Buy/Sell Ratio

2.16:1

Strong buy/sell ratio. Buying is at least double the selling activity, suggesting robust insider confidence.

Recent Trend (3 Months)

$1.14M

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Buying

3 insider buyers vs. 1 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Strong confluence of bullish signals: High buy/sell ratio, multiple insiders participating, and recent buying momentum all point to significant insider confidence. This level of coordinated buying often precedes positive developments.

No Dividend Yield Data

GOGO has not reported any dividend yield values in the available annual periods.

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gogo Dividend History

GOGO
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%