- Gogo is a provider of broadband connectivity services.
- With more than 5,800 ATG business aircraft online in 2020 and close to 1,700 AVANCE platforms, in my opinion, there is a significant demand for the company’s software and services.
- In my opinion, Gogo Inc. will strengthen its leadership position by offering high-quality, cost-effective connectivity products. I expect Gogo to successfully launch Gogo 5G.
- The company noted that it is expecting sales growth of 15% from 2020 to 2025. That’s not all. GOGO is expecting more free cash flow following the installation of 5G networks in 2022.
- With my own assumptions that include many more AVANCE Units sold online, I envisage sales growth of 10.51%, and my target price is $39.
For further details see:
Gogo Could Spike Up Even More With The New Management Estimates