DailyIQ
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Sector:TechnologyAll sectors
Last updated 3 minutes ago

GRMN·Garmin Ltd.

$.
-. (-.%)
After Hours
High
$237.36
Open
$235.17
Market Cap
45.58B
52W High
$273.32
Low
$232.23
P. Close
$236.35
P/E
26.25
52W Low
$186.67
Fwd P/E
103.76
Mean Target
$262.43
Technical Score (1D)
45
NEUTRAL
News Sentiment
82
BULLISH
IFP Advisors Inc. has reduced its stake in Garmin, a move that suggests potential portfolio adjustments by the institutional investor. Traders should closely monitor further institutional activity and overall market sentiment for insights into Garmin's near-term trading.
Earnings Summary
Garmin Ltd. is a global technology company that designs, develops, and distributes innovative wireless devices across diverse markets including fitness, outdoor, aviation, and automotive. Operating within the Scientific & Technical Instruments industry, Garmin leverages its technological expertise to offer specialized navigation and wearable solutions. The company's strategy involves a multi-channel distribution approach, encompassing direct online sales and a broad network of global retailers and distributors. In its most recent reported quarters, Garmin demonstrated a mixed performance. For Q1 2025, the company reported EPS of $1.61 against an estimate of $1.67686, and revenue of $1.535099 billion. This followed a Q4 2024 where EPS was $2.41, exceeding the estimate of $2.02114, with revenue at $1.82256 billion. Prior to this, Q3 2025 saw EPS at $1.99, matching the estimate, and revenue at $1.770901 billion, while Q2 2025 reported EPS of $2.17 against an estimate of $1.89717, with revenue at $1.814564 billion. This indicates a pattern of generally meeting or exceeding EPS expectations in recent periods, with revenue figures also showing variability. Looking at the historical trajectory, Garmin has shown an ability to deliver solid EPS results, often meeting or beating analyst expectations, as seen in Q4 2024 and Q2 2025. While revenue estimates were not consistently provided in the earlier data points, the actual revenue figures for recent quarters have been substantial. The company has a history of strong performance, particularly in its fitness segment, which has been a key driver of recent results. Recent news highlights Garmin's ongoing product innovation with the launch of new Forerunner smartwatches, aimed at the running community, and its continued excellence in the aviation sector, evidenced by an eleventh consecutive 'Best Supplier of the Year' award from Embraer. Despite some analysts adjusting price targets, the company's Q1 results surpassed expectations, with revenue reaching $1.8 billion and EPS beating forecasts by 14%. Investors will want to watch for continued strength in the fitness segment, the impact of new product launches on revenue and EPS, and how international market performance influences overall growth in the upcoming quarters.

EPS

EstBeatMiss
$1.43$1.82$2.20$2.58$2.97Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$2.29 - -
Q1'26$1.84$2.08+13.1%
Q4'25$2.39$2.79+16.6%
Q3'25$1.99$1.99+0.0%
Q2'25$1.90$2.17+14.4%
Q1'25$1.68$1.61-4.0%

Revenue

EstBeatMiss
$1.4B$1.6B$1.8B$2.0B$2.2BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$1.9B - -
Q1'26$1.7B$1.8B+2.4%
Q4'25$2.0B$2.1B+5.8%
Q3'25 - $1.8B -
Q2'25 - $1.8B -
Q1'25 - $1.5B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

GRMN Stock Snapshot

GRMN is currently trading at $236.35, giving Garmin Ltd. a market cap of 45.58B and a P/E ratio of 26.3. Today's range spans $232.23–$237.36, with shares opening at $235.17 and moving up $0.00 (0.0%) from the prior close. DailyIQ's technical score sits at 45/100 (HOLD) with a news sentiment reading of 82/100.

Over the past year GRMN has traded between $186.67 and $273.32 - the current price is +26.6% off the 52-week low and -13.5% from the high. 17 analysts cover the stock with a Hold consensus and a mean 12-month target of $262.43 (range $220.00–$325.00), implying upside of +11.0%.

GRMN trades at $236.35 (in the middle of its 52-week range within $186.67–$273.32) - and the HOLD signal (45/100) reflects a market that's fairly priced relative to near-term expectations rather than one that's mispriced in either direction. (P/E: 26.3) At 45.58B in Technology market cap, bullish sentiment (82/100) confirms the lack of near-term narrative catalyst. The thesis is intact; the timing is patient.

In neutral phases, large-cap Technology names like GRMN are often where sector rotation debates play out quietly — at 45.58B in capitalization, the stock receives incremental allocation from funds reducing mega-cap exposure without the volatility of a small-cap entry. The 45/100 (HOLD) and bullish sentiment (82/100) at $236.35 (in the middle of its 52-week range) describe a stock that is being considered rather than avoided.