DailyIQ
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Sector:TechnologyAll sectors
Last updated 37 minutes ago

GRMN·Garmin Ltd.

$.
+. (+.%)
High
$245.26
Open
$244.38
Market Cap
47.14B
52W High
$273.32
Low
$243.14
P. Close
$243.61
P/E
27.15
52W Low
$186.67
Fwd P/E
23.60
DailyIQ Est.
$265.03
Technical Score (1D)
77
BUY
News Sentiment
79
BULLISH
Garmin recently launched its AXIS family of integrated flight displays and the LiveScope 2 sonar series, expanding its aviation and marine product lines. The new hardware targets both certified and experimental aircraft as well as marine vessels, positioning Garmin to capture additional OEM and retrofit markets. This expansion signals continued product innovation in high‑margin segments, which could lift revenue in the coming quarter. Investors should monitor certification progress and OEM adoption rates, as these will drive the revenue impact of the new platforms over the next 1–10 trading days. In parallel, analysts have raised Garmin’s target price to $274, reflecting a bullish view on the company’s earnings trajectory. The upgrade follows recent guidance that suggests stronger revenue growth and margin expansion, reinforcing confidence in Garmin’s ability to capture market share in the avionics sector. Traders should watch the upcoming earnings release for confirmation of the projected single‑digit earnings growth and any updates on product launches or cost‑management initiatives. Additionally, the company’s valuation appears justified at current price levels, but potential upside remains if execution risks are managed effectively. Keep an eye on the speed of AXIS adoption in OEM programs and retrofit projects, as early uptake will signal Garmin’s competitive strength in aviation electronics. Finally, monitor any regulatory updates that could influence Garmin’s GPS and aviation segments, as these could affect short‑term sentiment.
Earnings Summary
Garmin Ltd. is a global technology company that designs, develops, and distributes wireless devices for consumer and professional markets, offering fitness trackers, smartwatches, navigation systems, avionics, marine electronics, and automotive solutions; it operates within the technology sector and the scientific & technical instruments industry. In the most recent quarters, Garmin beat earnings estimates in five of the last six reporting periods: Q4 2024 EPS of $2.41 surpassed the $2.02 estimate while revenue hit $1.82 billion; Q1 2025 EPS of $1.61 fell short of the $1.68 estimate with revenue of $1.54 billion; Q2 2025 EPS of $2.17 beat the $1.90 estimate and revenue rose to $1.81 billion; Q3 2025 EPS matched the $1.99 estimate with revenue of $1.77 billion; Q4 2025 EPS of $2.79 exceeded the $2.39 estimate and revenue climbed to $2.12 billion; and Q1 2026 EPS of $2.08 outpaced the $1.84 estimate with revenue of $1.75 billion, indicating a pattern of earnings resilience amid revenue volatility that has trended upward overall. Historically, Garmin has maintained a 15‑year CAGR of 14.26%, outpacing the broader market, and has consistently delivered earnings that beat or matched analyst expectations, even when revenue dips, underscoring a robust operating model that can absorb short‑term market swings. Recent news highlights a sell recommendation driven by concerns that Garmin’s valuation may not align with its growth trajectory, citing U.S. sales weakness, tariff and cost pressures that could erode margins, and competitive activity in the GPS and wearable space; the company’s upcoming Q2 2026 earnings call is expected to address product updates, cost‑control initiatives, and guidance that may influence investor sentiment. Investors should watch for the Q2 2026 results, particularly U.S. sales trends, tariff policy changes, and any new product launches, as these factors will be key to assessing whether Garmin can sustain its earnings momentum and manage margin compression in the near term.

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 $244.71, giving Garmin Ltd. a market cap of 47.14B and a P/E ratio of 27.1. Today's range spans $243.14–$245.26, with shares opening at $244.38 and moving up $1.10 (0.5%) from the prior close. DailyIQ's technical score sits at 77/100 (BUY) with a news sentiment reading of 79/100.

Over the past year GRMN has traded between $186.67 and $273.32 - the current price is +31.1% off the 52-week low and -10.5% 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 +7.2%.

Growth-oriented Technology investors looking for technical confirmation find it in GRMN: BUY signal, 77/100 score, bullish sentiment at 79/100, price $244.71 (in the middle of its 52-week range). The current P/E ratio stands at 27.1. The 47.14B market cap is the sweet spot - big enough to absorb institutional sizing, small enough to move materially on conviction. Annual range: $186.67–$273.32.

What makes GRMN's BUY setup (77/100) particularly actionable at 47.14B in Technology capitalization is the scale-to-move ratio: large enough to feature on institutional mandates but not so large that the percentage upside is already compressed by index inertia. At $244.71 (in the middle of its 52-week range in $186.67–$273.32), with sentiment running bullish at 79/100, the setup rewards conviction-sized positioning more than it does speculative small bets.