Gogo Inc. (NASDAQ:GOGO) is launching a number of new products including Gogo 5G, and recently acquired a number of businesses, which may accelerate 2025 EPS growth. Given previous decline in debt levels, in my view, we could see new inorganic growth
Gogo: Quite Undervalued Despite Gogo 5G Introduction
Summary
- Gogo Inc. is launching Gogo 5G in Q4 2024, which is expected to drive significant revenue and EPS growth in 2025 and 2026.
- Recent acquisitions and reduced debt levels may enhance future free cash flow and enable further inorganic growth opportunities.
- Strong partnerships with OEMs and distributors could facilitate expansion into new markets, boosting overall business growth.
- Despite potential risks, GOGO appears undervalued, with a share repurchase program likely to support future stock price increases.
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