Zacks moves Gogo stock to Hold with USD 8.50 target

Published on 10/15/2026 at 20:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 222.81 million in the second quarter of 2026. Gogo stock costs EUR 1.95 on October 15, 2026 at 8:39 p.m. CEST.

Analyst view and reporting date

Zacks Research changed its Gogo rating on October 5, 2026.
Revenue reached USD 222.81 million in the second quarter of 2026.
Gogo stock costs EUR 1.95 at Lang & Schwarz on October 15, 2026 at 8:39 p.m. CEST.
Gogo is scheduled to report results on November 10, 2026.

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Zacks Research upgraded Gogo from strong sell to hold on October 5, 2026, while MarketBeat reported a consensus price target of USD 8.50. The rating change is the strongest recent valuation signal for the stock.

Quarterly revenue sets the baseline

Gogo generated USD 222.81 million in revenue in the second quarter of 2026, according to MarketBeat. That was below the USD 229.35 million consensus estimate, a shortfall of USD 6.54 million, or 2.85 percent. The same report said revenue fell 1.40 percent from the year-earlier quarter.

The quarterly comparison gives the rating change a demanding backdrop. Gogo is building a broader aviation connectivity platform, but the latest revenue figure and the negative quarterly net income of USD 5.25 million show why valuation remains sensitive to execution.

Price position and trading range

At Lang & Schwarz, Gogo was trading at EUR 1.95 on October 15, 2026 at 8:39 p.m. CEST. The bid was EUR 1.94 and the ask EUR 1.95. On Nasdaq, the stock was last quoted at USD 2.19 on October 15, 2026 at 6:45 p.m. UTC, while its 52-week range was USD 2.03 to USD 9.93.

Gogo's market capitalization was USD 296.8 million on October 15, 2026. Its price-to-earnings ratio was minus 291.16, and the company paid no dividend yield at that point. MarketBeat reported that the stock had traded below its 200-day moving average of USD 3.49 on October 15, 2026.

Comparison with peers

Gogo (Nasdaq, USD): P/E minus 291.2, market capitalization USD 296.8 million
Viasat (Nasdaq, USD): minus 2.41 percent, P/E minus 231.73, market capitalization USD 8.3 billion
Globalstar (Nasdaq, USD): plus 0.64 percent, P/E minus 161.78, market capitalization USD 10.7 billion

Next reporting date

Gogo is scheduled to release its next earnings report on November 10, 2026, according to Investing.com. That date gives investors the next fixed checkpoint for revenue, profitability and the company's operating outlook.

Market value remains the key signal

The analyst target of USD 8.50 stands well above the Nasdaq quotation of USD 2.19, while the latest quarterly revenue was below consensus. The combination leaves the next earnings release as the clearest scheduled test of whether the business can improve its financial trajectory.

Gogo was trading at EUR 1.95 at Lang & Schwarz on October 15, 2026 at 8:39 p.m. CEST.