Gogo stock falls 5.33 percent to USD 2.13 on October 16, 2026

Published on 10/17/2026 at 20:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 222.81 million in the second quarter. Gogo stock closed at USD 2.13 on October 16, 2026, down 5.33 percent versus Nasdaq's prior close.

Stock falls 5.33 percent on Nasdaq

The Nasdaq session ended at 4:00 p.m. ET on October 16, 2026.
Second-quarter revenue reached USD 222.81 million, 2.85 percent below consensus.
Gogo stock cost USD 2.13 at Nasdaq on October 16, 2026, down 5.33 percent from the prior close.
Gogo is estimated to report third-quarter results on November 5, 2026.

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Gogo stock closed at USD 2.13 on Nasdaq on October 16, 2026, down 5.33 percent from the prior close. The latest completed session ended at 4:00 p.m. ET, placing the share price near the bottom of its annual range.

Revenue reached USD 222.81 million

Gogo reported revenue of USD 222.81 million for the second quarter of 2026, compared with a consensus estimate of USD 229.35 million. The shortfall was 2.85 percent, while earnings per share came to USD 0.03 against an expected USD 0.06, according to MarketBeat on October 15, 2026.

Gogo trades near its yearly low

The USD 2.13 price stood 4.93 percent above the 52-week low of USD 2.03 and 78.55 percent below the high of USD 9.93 on October 16, 2026. Trading volume reached 1,320,385 shares, compared with an average volume of 1,822,114 shares. The market capitalization was USD 288.6 million.

Valuation and November results date

Gogo's trailing P/E ratio was minus 284.00 on October 16, 2026. The next scheduled reporting date is November 5, 2026, when Gogo is estimated to publish third-quarter results before the market opens and hold its conference call at 8:30 a.m. ET, according to MarketBeat.

Comparison with peers

Gogo (Nasdaq, USD): minus 5.33 percent, P/E minus 284.00, market capitalization USD 288.6 million.
Viasat (Nasdaq, USD): minus 4.34 percent, P/E minus 226.27, market capitalization USD 8.1 billion.
Iridium Communications (Nasdaq, USD): minus 2.73 percent, P/E 49.73, market capitalization USD 4.6 billion.

Nasdaq close leaves a narrow margin

Gogo provides broadband connectivity and related communications services for business aviation, including air-to-ground systems, onboard Wi-Fi and satellite connectivity. The October 16 close leaves the stock only USD 0.10 above its annual low, while the upcoming November report will provide the next scheduled operating checkpoint.

Gogo was last at USD 2.13 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 5.33 percent versus the Nasdaq prior close.