Do You Believe in the Growth Potential of GOGO (GOGO)?

Middle Coast Investing, an investment advisor firm, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The third quarter was favorable for Middle Coast Investing. Its collective portfolio outperformed the S&P 500 and is ahead of benchmarks year to date. In Q3 2025, the US Portfolios returned 9.6% compared to 7.8% for the S&P 500. It’s Core U.S. portfolios returned 10% while the Russell 2000 returned 12%, the S&P 600 returned 8.7% and the Nasdaq generated 11.2% for the same period. Also, its European Portfolios appreciated by 5.5%. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Middle Coast Investing highlighted stocks such as Gogo Inc. (NASDAQ:GOGO). Gogo Inc. (NASDAQ:GOGO) provides broadband connectivity services to the aviation industry. The one-month return of Gogo Inc. (NASDAQ:GOGO) was -14.89%, and its shares gained 38.01% of their value over the last 52 weeks. On October 6, 2025, Gogo Inc. (NASDAQ:GOGO) stock closed at $8.86 per share, with a market capitalization of $1.184 billion.

Middle Coast Investing stated the following regarding Gogo Inc. (NASDAQ:GOGO) in its third quarter 2025 investor letter:

“We’ve owned private jet in-flight connectivity provider Gogo Inc. (NASDAQ:GOGO) before. I have my questions about the business, its competition with Starlink, and management. But the management team is new, the company is finally close to launching its 5G service and has launched its low earth orbit satellite service, and if we have turned a corner, the stock could do really well.”

Is Gogo Inc. (GOGO) the Best Breakout Stock to Buy According to Analysts?

Gogo Inc. (NASDAQ:GOGO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 25 hedge fund portfolios held Gogo Inc. (NASDAQ:GOGO) at the end of the second quarter, up from 19 in the previous quarter. Gogo Inc. (NASDAQ:GOGO) reported total revenue of $226 million in the second quarter, representing a 2% decrease compared to the previous quarter. While we acknowledge the risk and potential of Gogo Inc. (NASDAQ:GOGO) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Gogo Inc. (NASDAQ:GOGO) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.