What is Gogo Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Gogo Inc.'s reported free cash flow gives $10,431.34 per share. The share price was $3.60 on November 10, 2026, 100% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 10.0% | 10.0% | $4,251.19 | +117,989% |
| Base | 15.0% | 9.0% | $10,431.34 | +289,659% |
| Bull | 20.0% | 8.0% | $21,939.02 | +609,317% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $15,110.43 | $16,569.40 | $18,352.57 | $20,581.55 | $23,447.37 |
| 8.0% | $11,595.45 | $12,541.59 | $13,659.74 | $15,001.53 | $16,641.50 |
| 9.0% | $9,038.03 | $9,684.92 | $10,431.34 | $11,302.16 | $12,331.31 |
| 10.0% | $7,098.82 | $7,558.86 | $8,080.22 | $8,676.08 | $9,363.60 |
| 11.0% | $5,581.48 | $5,918.73 | $6,295.66 | $6,719.71 | $7,200.30 |
Where the presets come from
Base: years 1 to 5 grow at Gogo Inc.'s revenue growth rate over the last 5 fiscal years (27.5% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions