Garmin/$GRMN

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About Garmin

Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing, among many others. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.

Ticker

$GRMN

Primary listing

NYSE

Industry

Household Durables

Headquarters

Schaffhausen, Switzerland

Employees

21,800

ISIN

CH0114405324

Garmin Metrics

BasicAdvanced
$39B
27.03
$7.59
0.99
$3.00
1.76%

What the Analysts think about Garmin

Analyst ratings (Buy, Hold, Sell) for Garmin stock.

Bulls say / Bears say

Garmin's strong financial position, characterized by a robust balance sheet and consistent cash flow, enables ongoing investment in new product development and strategic acquisitions, supporting sustained growth. (investing.com)
The company's focus on integrating proprietary technologies like Garmin Pay into its platforms exemplifies its commitment to evolving its ecosystem and enhancing user experience, contributing to ongoing business performance trends. (investing.com)
Garmin's outdoor segment, its largest by revenue, saw strong demand for its adventure watches in the holiday-season quarter, reporting quarterly revenues of $629.4 million, surpassing estimates. (reuters.com)
Garmin reported slower revenue growth and missed profit estimates for the quarter ending March 29, 2025, due to weak demand for its navigation devices and smartwatches, leading to a more than 11.5% drop in its shares. (reuters.com)
Barclays downgraded Garmin from 'Overweight' to 'Underweight' and reduced its price target from $181 to $133, citing concerns over the company's valuation and limited visibility into future performance. (investing.com)
Garmin has manufacturing operations in Taiwan, the U.S., the Netherlands, Poland, and China, making it vulnerable to rising Sino-U.S. tensions and escalating tariffs that threaten to disrupt supply chains. (reuters.com)
Data summarised monthly by Lightyear AI. Last updated on 7 Jun 2025.

Garmin Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Garmin Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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Jun27
Garmin
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$0.90Per share
Sept12
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Dividend·Ex-dividend
Sept26
Garmin
Dividend·Payment
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