Gogo Inc.

NasdaqGS:GOGO Stock Report

Market Cap: US$993.7m

Gogo Valuation

Is GOGO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GOGO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GOGO ($7.74) is trading below our estimate of fair value ($30.91)

Significantly Below Fair Value: GOGO is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GOGO?

Key metric: As GOGO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GOGO. This is calculated by dividing GOGO's market cap by their current earnings.
What is GOGO's PE Ratio?
PE Ratio17.3x
EarningsUS$56.43m
Market CapUS$993.66m

Price to Earnings Ratio vs Peers

How does GOGO's PE Ratio compare to its peers?

The above table shows the PE ratio for GOGO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.1x
SPOK Spok Holdings
22x7.4%US$323.3m
VEON VEON
7.1xn/aUS$2.2b
TIGO Millicom International Cellular
28.3x28.4%US$4.4b
UCL uCloudlink Group
11.1xn/aUS$48.7m
GOGO Gogo
17.3x19.3%US$993.7m

Price-To-Earnings vs Peers: GOGO is expensive based on its Price-To-Earnings Ratio (17.3x) compared to the peer average (17.1x).

Price to Earnings Ratio vs Industry

How does GOGO's PE Ratio compare vs other companies in the Global Wireless Telecom Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GOGO 17.3xIndustry Avg. 16.9xNo. of Companies10PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GOGO is expensive based on its Price-To-Earnings Ratio (17.3x) compared to the Global Wireless Telecom industry average (16.8x).

Price to Earnings Ratio vs Fair Ratio

What is GOGO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GOGO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.3x
Fair PE Ratio28.2x

Price-To-Earnings vs Fair Ratio: GOGO is good value based on its Price-To-Earnings Ratio (17.3x) compared to the estimated Fair Price-To-Earnings Ratio (28.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst GOGO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$7.74
US$12.75
+64.7%
21.6%US$15.50US$10.00n/a2
Nov ’25US$6.66
US$12.75
+91.4%
21.6%US$15.50US$10.00n/a2
Oct ’25US$6.81
US$12.75
+87.2%
21.6%US$15.50US$10.00n/a2
Sep ’25US$7.97
US$12.50
+56.8%
18.2%US$15.50US$10.00n/a3
Aug ’25US$8.66
US$12.25
+41.5%
18.6%US$16.00US$10.00n/a4
Jul ’25US$9.39
US$12.25
+30.5%
18.6%US$16.00US$10.00n/a4
Jun ’25US$10.59
US$12.80
+20.9%
18.1%US$16.00US$10.00n/a5
May ’25US$9.06
US$12.80
+41.3%
18.1%US$16.00US$10.00n/a5
Apr ’25US$8.40
US$13.40
+59.5%
18.0%US$16.00US$10.00n/a5
Mar ’25US$8.41
US$13.40
+59.3%
18.0%US$16.00US$10.00n/a5
Feb ’25US$8.99
US$16.30
+81.3%
13.4%US$20.00US$14.00n/a5
Jan ’25US$10.13
US$16.30
+60.9%
13.4%US$20.00US$14.00n/a5
Dec ’24US$10.39
US$16.55
+59.3%
14.3%US$20.00US$14.00n/a5
Nov ’24US$10.56
US$17.70
+67.6%
16.5%US$22.00US$14.00US$6.665
Oct ’24US$11.93
US$17.70
+48.4%
16.5%US$22.00US$14.00US$6.815
Sep ’24US$11.74
US$17.70
+50.8%
16.5%US$22.00US$14.00US$7.975
Aug ’24US$14.98
US$19.70
+31.5%
20.8%US$26.00US$15.00US$8.665
Jul ’24US$17.01
US$19.70
+15.8%
20.8%US$26.00US$15.00US$9.395
Jun ’24US$15.36
US$19.70
+28.3%
20.8%US$26.00US$15.00US$10.595
May ’24US$13.52
US$20.10
+48.7%
18.9%US$26.00US$15.00US$9.065
Apr ’24US$14.50
US$20.30
+40.0%
19.4%US$26.00US$15.00US$8.405
Mar ’24US$16.12
US$20.30
+25.9%
19.4%US$26.00US$15.00US$8.415
Feb ’24US$17.03
US$20.40
+19.8%
19.8%US$26.00US$15.00US$8.995
Jan ’24US$14.76
US$20.40
+38.2%
19.8%US$26.00US$15.00US$10.135
Dec ’23US$15.77
US$20.40
+29.4%
19.8%US$26.00US$15.00US$10.395
Nov ’23US$15.11
US$20.80
+37.7%
18.6%US$26.00US$15.00US$10.565

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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