Gogo (GOGO)
Connects business and government aircraft through ATG, satellite broadband, and narrowband services.
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Provides in-flight connectivity for business and military/government aviation, combining North American ATG with LEO, GEO, and narrowband satellite services. Revenue comes mainly from subscriptions and usage fees, with equipment sales through OEM and aftermarket channels.
Provides in-flight connectivity for business aviation and military/government mobility customers through a single reportable segment. The portfolio spans Satellite Broadband, ATG Broadband, Narrowband, Gogo Galileo, Gogo 5G, AVANCE, and related equipment and support services.
Geography is split between a North American ATG base and satellite services used by customers across more than 100 countries. Service revenue comes mainly from subscription and usage fees, while equipment revenue comes from ATG and satellite connectivity hardware sold through OEMs and aftermarket dealers.
Execution depends on aviation-specific support, network reliability, satellite partners, FCC-licensed ATG spectrum, and the Satcom Direct integration. SmartSky patent litigation and financial-reporting controls tied to Satcom Direct remain disclosed dependencies.
Company facts
Categories
Target rangeAs of Sep 2, 2026
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 6, 2026 | Roth Capital | Target | $12 | $10 | ||
| May 21, 2026 | Morgan Stanley | Reiterate | Equal Weight | $8 | $7 | |
| May 7, 2026 | Roth Capital | Target | $16.50 | $12 | ||
| Jan 16, 2026 | Morgan Stanley | Target | $15 | $8 | ||
| Dec 9, 2025 | William Blair | Downgrade | Outperform | Market Perform |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $63.1M · Total debt $880.6M · Total assets $1.24B · Shareholders' equity $120.7M
- Revenue
- $222.8M
- Operating income
- $29.7M
- Net income
- −$2.0M
No dividends on record.
| Institutions0 holders · as of Jun 30, 2026 · largest filers only | ≥ 8.08% | 10.95M shares | |
| Insiders12 holders · as of Jul 24, 2026 | 21.97% | 29.78M shares | |
| Strategic holders2 holders · as of May 27, 2025 | 10.29% | 13.95M shares | |
| Otherremainder | ≤ 59.66% | 80.83M shares |
135.51M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Oakleigh ThorneInsiderdirector, 10 percent owner | 21.20% | 28.73M | Form 4filed Jan 12, 2026 ↗ |
BlackRock, Inc.Strategic | 7.21% | 9.77M | 13D/Gfiled Feb 3, 2023 ↗ |
Nantahala Capital Management, LLCInstitution | 6.55% | 8.88M | 13Gfiled May 15, 2026 ↗ |
Silver (Equity) Holdings, LPStrategicdirector, 10 percent owner | 3.08% | 4.17M | Form 4filed May 27, 2025 ↗ |
Vanguard Capital Management LLCInstitution | 2.61% | 3.54M | 13Fas of Jun 30, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 11, 2026 | Charles C. Townsend | director | +91,409 | $4.54 |
| Mar 12, 2026 | Charles C. Townsend | director | +158,591 | $4.57 |
| Dec 12, 2025 | Oakleigh Thorne | director, 10 percent owner, officer: Executive Chair | +170,000 | $5.34 |
| Nov 18, 2025 | Charles C. Townsend | director | +58,763 | $6.87 |
| Nov 19, 2025 | Charles C. Townsend | director | +31,228 | $7.17 |
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ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Gogo | $2.53 | −0.78% | $342.2M | — | 10.6 | 0.4 | −1.4% |
| Viasat | $69.95 | +0.04% | $9.63B | — | — | 2.1 | −1.2% |
| Honeywell Technologies | $206.49 | +0.20% | $65.31B | 8.0 | 22.4 | 1.8 | −49.9% |
| RTX | $199.64 | −0.56% | $270.60B | 35.3 | 27.3 | 2.9 | +14.5% |
| EchoStar | $86.98 | −5.04% | $25.07B | — | 38.3 | 1.7 | −5.2% |
| L3Harris Technologies | $264.76 | +1.30% | $48.66B | 26.4 | 21.2 | 2.1 | +8.4% |
| Telesat | $43.21 | +0.62% | $639.1M | — | — | 2.4 | −28.1% |
| Median | 26.4 | 24.9 | 2.1 | −3.2% |