Gogo Stock Predicted to Soar 90% by 2025: Will It Experience Rough Patches?
In the dynamic world of technology and aviation, Gogo (GOGO) has been making waves, reaching a new 52-week high on July 3, 2025, with a price of $15.78 during intraday trading. This impressive feat is a testament to the company's strong performance and promising outlook.
Gogo, a leading provider of in-flight connectivity and wireless entertainment solutions for the global aviation industry, currently boasts a 100% technical "Buy" signal from Barchart, indicating robust momentum and support from technical indicators. Furthermore, the stock is trading above its key moving averages, further strengthening a bullish outlook.
The company's impressive growth in 2025 is evident, with its stock price increasing by over 90% year-to-date and 43% in the last month alone. This surge is mirrored in Gogo's financials, with revenue growing by an astounding 120.8% year-over-year. This growth can be attributed to Gogo's dominance in the in-flight connectivity market, serving approximately 9,600 aircraft, representing more than 20% of the global commercial and business jet aircraft fleet. Additionally, nearly 7,000 business aircraft are flying with Gogo's solutions, including the world's largest fractional ownership fleets.
Wall Street analysts have generally positive views on Gogo, with a consensus rating of "Moderate Buy." The average price target for Gogo is $12.63, although some analysts have set higher targets, such as Roth Capital's $16.50. Recent earnings reports have exceeded expectations, with Gogo reporting $0.18 EPS against a consensus estimate of $0.05. Analysts forecast continued revenue and earnings growth over the next two years.
However, it's important to note that Gogo is a volatile and speculative stock, requiring strict risk management and stop-loss strategies due to its rapid price increase. Value Line gives Gogo's stock its highest rating, indicating a strong buy recommendation.
In conclusion, Gogo's current outlook is positive, driven by its strong technical indicators, impressive recent growth, and favourable analyst sentiment. However, the stock's rapid price increase may raise concerns about potential turbulence in the future. Investors are advised to approach this stock with careful consideration and a well-planned strategy.
This article was written by Jim Van Meerten for today's Chart of the Day. It's important to note that the author does not disclose any direct or indirect positions held in Gogo's stock.
Gogo's strong technological advancements in in-flight connectivity, as reflected in its impressive growth and bullish technical indicators, have made it an attractive investment opportunity for tech-focused investors. With analysts anticipating continued revenue and earnings growth over the next two years, the company's promising outlook in the technology sector is worth considering for those with a high tolerance for volatility and a well-planned investment strategy.
