Yes. IMO he's a but low candidate (but give him another week of injury or low numbers for his trade value to bottom out). You should be able to get him cheap. As a NE fan, here's what we probably know:
NE traditionally has an offense that starts the year slowly (or as BB calls it, the first month is essentially their preseason). They also play the first part of the season close to the vest and tend not to show much scheme wise and save a lot as the season moves forward. They haven't needed to do a lot offensively and haven't really had to air out the ball or been forced to take chances. All they have had to do has been to not turn the ball over, score some of the time, and let the defense do their thing.
Along these lines, the offense typically starts to hit their stride closer to mid season. They have a bunch of guys banged up right now and should get their starting LT back in 3 weeks. Put another way, I don't think the offense is going to do great things if they have to rely on Meyers, Olszewski, and Harry coming off of IR. Edelman has been gutting it out, Dorsett has been out, Burkhead has been out, and the OL has been doing the best they can. All of those things should improve somewhat (and Michel is starting to catch passes).
All that sets the framework that Gordon should have opportunities to do more. He should be available for pennies on the dollar and should be a WR3 the rest of the way (meaning once he comes back from his knee injury) with some weeks where he may spike higher than that. I would not expect much more than that, but if it means trading little to get a fantasy worthy WR3 or bye week fill in, that could still be worth it.