William Blair analyst Louie DiPalma has reiterated their bullish stance on GOGO stock, giving a Buy rating today.
Louie DiPalma has given his Buy rating due to a combination of factors that suggest potential growth for Gogo. Despite the company’s flat performance following the 2025 guidance, the addition of new aircraft to Gogo’s and Satcom Direct’s networks is a positive indicator, especially considering the competitive landscape with SpaceX. This success in expanding their network with existing technology suggests a promising future when the Galileo product line is fully operational in 2026.
Furthermore, the company is on track to exceed its synergy targets, which is expected to enhance its financial performance. Although 2025 is projected to be a challenging year with revenue and margin pressures, the anticipated free cash flow of $200 million in 2026 is expected to drive the stock price higher. The valuation of Gogo, considering the synergies and upcoming technological advancements, supports the Outperform rating, as the stock is likely to see significant upside.
In another report released today, Roth MKM also maintained a Buy rating on the stock with a $13.00 price target.
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