GRMNGarmin demonstrates strong fundamental performance with consistent revenue and profit growth, supported by a healthy balance sheet. Thematic alignment is positive, but current technical indicators suggest some short-term caution. Overall, it presents a compelling investment case for long-term investors.
Garmin is well-positioned within several growing markets, including wearables, fitness tracking, and aviation electronics. Continued innovation and expansion in these sectors provide a solid thematic foundation.
Garmin exhibits strong financial health with impressive revenue and profit growth, robust margins, and a solid balance sheet with ample cash. The dividend yield is modest but consistent.
The stock is trading in a strong long-term uptrend, with prices consistently above key moving averages. However, recent momentum indicators suggest potential overbought conditions, hinting at a possible short-term pause or retracement.
| Factor | Score |
|---|---|
| Wearables & Fitness Technology | 85 |
| Aviation Electronics | 80 |
| Outdoor & Adventure | 75 |
| Smart Home & Automotive | 60 |
| Innovation & R&D | 75 |
| Factor | Score |
|---|---|
| Valuation | 60 |
| Profitability | 90 |
| Growth | 75 |
| Balance Sheet Health | 98 |
| Cash Flow Generation | 90 |
| Dividend Payout | 65 |
| Factor | Score |
|---|---|
| Trend Analysis | 75 |
| Momentum | 50 |
| Moving Averages | 85 |
| Volume | 70 |
| Support and Resistance | 65 |
Positive EPS Surprises
Garmin Ltd. has consistently beaten earnings per share (EPS) estimates in recent quarters, with a notable surprise of +18.86% in Q1 2025 and +38.19% in Q4 2024.
Strong Recent Performance
The stock has shown strong short-term performance, with a 12.95% gain in the last month and 8.2% over the last 6 months, indicating positive investor sentiment and momentum.
Increasing P/E Ratio Over Time
The P/E ratio has generally increased from 22.4 in 2021 to 30.53 TTM, indicating that investors are willing to pay a higher multiple for earnings, which could suggest the stock is becoming more expensive.
Potential Overbought Signals
Several technical indicators, such as Stochastic %K (1m, 5m, 15m, 1h, 2h, 4h, 1d) and Stochastic RSI Fast (1m, 5m, 15m), are showing 'Sell' or are in overbought territory (above 80), suggesting a potential for short-term pullbacks.
July 2025
30
Next Earnings Date
H: $2.00
A: $1.90
L: $1.81
H: 1.72B
A: 1.70B
L: 1.68B
September 2025
12
Ex-Dividend Date
March 2026
27
Next Dividend Date
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. The company offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Gramin response communication device; and Dive devices. In addition, the company designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and portable GPS navigators and wearables, as well as service products to the aviation market. Further, it offers chartplotters and multi-function displays, cartography products, fishfinders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, audio products, digital switching products, trolling motors, and lighting products; and domain controllers and infotainment units, as well as software, map database, cameras, wearables, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
204.19 USD
The 39 analysts offering 1 year price forecasts for GRMN have a max estimate of 285.00 and a min estimate of 152.00.