▼ -20.68% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Gogo in the last 3 months. The average price target is $9.40, with a high forecast of $13.00 and a low forecast of $4.00. The average price target represents a -20.68% upside from the last price of $11.85.
The current consensus among 6 polled investment analysts is to hold stock in Gogo. This Hold consensus rating has held steady for over two years.
Gogo Inc., through its subsidiaries, provides inflight broadband connectivity and wireless entertainment services to the aviation industry in the United States and internationally. It operates through three segments: Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW), and Business Aviation (BA). The CA-NA segment offers inflight connectivity and wireless digital entertainment solutions to commercial airline passengers flying routes that generally begin and end within North America. The CA-ROW segment provides inflight connectivity and wireless digital entertainment solutions to passengers flying on foreign-based commercial airlines and flights outside of North America for North American based commercial airlines. The BA segment offers equipment for inflight connectivity, including voice and data services to the business aviation market. Its services include Gogo Biz, an inflight broadband service that utilizes air-to-ground (ATG) network and ATG spectrum; Passenger Entertainment, an inflight entertainment service; and satellite-based voice and data services through strategic alliances with satellite companies. This segment serves aircraft manufacturers, owners, and operators, as well as government and military entities. Gogo Inc. was founded in 1991 and is headquartered in Chicago, Illinois.