Garmin Ltd. ($GRMN) Stock Forecast: Down 9.9% Today

What is Garmin Ltd.?

Garmin (GRMN) is a multinational technology company renowned for its GPS technology and wearable devices. The company operates in segments including Outdoor, Fitness, Aviation, Marine, and Auto OEM.

Why is Garmin Ltd. going down?

GRMN stock is down 9.9% on Apr 30, 2025 19:48

• Garmin (GRMN) recently released Q1 earnings that fell short of expectations, despite revenue growth year-over-year in different segments.
• The stock price experienced a downward trend following the unexpected earnings and revenue results.
• Shareholders appeared to react negatively to the company's performance when compared to analyst predictions, resulting in a selling spree of GRMN shares.
• Market response indicates investor wariness regarding Garmin's future prospects, prompting a reassessment of their stake in the company.

GRMN Price Chart

GRMN Technical Analysis

GRMN News

Garmin's Q1 Earnings Miss Expectations, Revenues Increase Y/Y

GRMN's first-quarter 2025 results reflect solid momentum across the Outdoor, Fitness, Aviation, and Marine segments, partially offset by the Auto OEM segment.

https://www.zacks.com/stock/news/2459319/garmins-q1-earnings-miss-expectations-revenues-increase-yy

Garmin ( GRMN ) Q1 Earnings and Revenues Miss Estimates

Garmin (GRMN) delivered earnings and revenue surprises of -2.42% and 2%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2458664/garmin-grmn-q1-earnings-and-revenues-miss-estimates

Garmin to Report Q1 Earnings: What's in Store for the Stock?

GRMN's first-quarter 2025 results are likely to benefit from growth in its fitness, marine, aviation, auto OEM and outdoor end markets.

https://www.zacks.com/stock/news/2457177/garmin-to-report-q1-earnings-whats-in-store-for-the-stock

Countdown to Garmin ( GRMN ) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

Beyond analysts' top -and-bottom-line estimates for Garmin (GRMN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.

https://www.zacks.com/stock/news/2456642/countdown-to-garmin-grmn-q1-earnings-a-look-at-estimates-beyond-revenue-and-eps

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Garmin Ltd. Price History

10.03.2025 - GRMN Stock was up 8.0%

• Garmin's shares showed an 11.0% surge in the previous session, supported by above-average trading volume, indicating a strong investor interest and buying activity.
• Continued product innovation from Garmin has been viewed positively by investors, setting the stage for sustained growth and the potential for further increase in the stock price.
• Despite a general market downturn, Garmin managed to achieve a 1.34% gain, demonstrating notable strength and resilience against broader market dynamics.
• When comparing the value between Garmin (GRMN) and Daikin Industries (DKILY), Garmin appears to be more appealing to investors, potentially contributing to an upward trend in its stock price.

04.02.2025 - GRMN Stock was down 5.1%

• Despite being listed as a top-ranked stock to buy on the recent pullback, Garmin (GRMN) experienced a strong bearish movement today.
• Reference to long-term gains from investing in Garmin a decade ago contrasts with today's bearish market movement, indicating a short-term downturn.
• The deviation between the bullish catalysts mentioned and the actual market performance today suggests that external factors or market conditions may have influenced the stock's decline.
• Investors who bought Garmin shares a decade ago may have seen significant returns, but current market dynamics seem to have impacted the stock negatively in the short term.

08.03.2025 - GRMN Stock was down 5.2%

• Despite Garmin's ongoing product innovation and positive growth outlook, the stock faced a bearish movement today.
• The market dip might have influenced GRMN's downward trend, even as the company continues to be well-positioned for future growth.
• Investors comparing DKILY and GRMN for value might have been swayed by other factors leading to the bearish movement in Garmin's stock price.
• It seems that external market conditions played a significant role in overshadowing Garmin's positive developments, causing the bearish movement today.

30.03.2025 - GRMN Stock was down 8.3%

• In the recent quarter, GRMN reported lower-than-anticipated earnings and revenues, resulting in a decline in the stock price.
• Despite the potential for growth in various markets such as fitness, marine, aviation, auto OEM, and outdoor, the company's financial performance did not meet expectations.
• The stock faced a downward trend as investors responded unfavorably to the underperformance.
• The market's reaction suggests concerns about GRMN's ability to achieve future financial targets and uncertainties surrounding its business performance in the forthcoming quarters.

30.03.2025 - GRMN Stock was down 9.9%

• Garmin (GRMN) recently released Q1 earnings that fell short of expectations, despite revenue growth year-over-year in different segments.
• The stock price experienced a downward trend following the unexpected earnings and revenue results.
• Shareholders appeared to react negatively to the company's performance when compared to analyst predictions, resulting in a selling spree of GRMN shares.
• Market response indicates investor wariness regarding Garmin's future prospects, prompting a reassessment of their stake in the company.

04.03.2025 - GRMN Stock was down 5.0%

• Emphasizing Garmin's continuous product innovation as a reason for stock purchase might not have influenced today's market movement significantly.
• Various factors like general market sentiment, economic indicators, or specific company updates could have contributed to the stock's decline.
• Investors could be reacting to wider market patterns or particular internal company progress not covered in the analysis.
• It is crucial to examine the overall market situation and company-specific elements while making investment choices, looking beyond just product advancement.

30.03.2025 - GRMN Stock was down 9.8%

• The recent bearish movement in GRMN stock is possibly due to profit-taking by investors prior to the company's Q1 earnings report.
• Despite optimistic expectations for earnings growth and performance across different end markets, investors may be exercising caution regarding potential revenue and EPS misses.
• Uncertainty surrounding crucial metrics beyond revenue and EPS estimates may have contributed to the pessimistic sentiment towards GRMN stock.
• Traders might be awaiting more clarity on the company's financial condition and outlook before reassessing their positions in Garmin.

20.01.2025 - GRMN Stock was down 5.1%

• Despite posting better-than-expected fourth-quarter financial results and a positive FY25 outlook, GRMN's stock saw a strong bearish movement.
• The market reaction could be attributed to profit-taking by investors who may have been expecting even higher results, leading to a temporary downturn in the stock price.
• The positive news of a 20% dividend hike and surpassing Q4 earnings and revenue estimates may not have been enough to sustain the bullish momentum in the face of broader market trends.
• Investors comparing GRMN to other stocks for value may have influenced the bearish movement, as market dynamics and competition play a role in stock performance.

20.01.2025 - GRMN Stock was down 6.6%

• Today, Garmin (GRMN) faced a significant downturn despite surpassing expectations in Q4 earnings and revenue. Here are some potential reasons behind the market activity:
• Concerns about the sustainability of Garmin's growth may have led to the negative response to its strong earnings.
• Investors who anticipated a notable stock price surge following the positive earnings may have opted to take profits, contributing to the bearish movement.
• The general market mood, marked by a decline of over 200 points in the Dow Jones, could have influenced the downward trajectory of Garmin's stock price.
• Technical selling or profit-taking by short-term traders, potentially triggered by crossing above the 20-day moving average, could have exacerbated the bearish movement despite the favorable financial results.

19.01.2025 - GRMN Stock was up 11.8%

• Garmin's stock saw a significant increase following the announcement of better-than-expected fourth-quarter financial results and a positive FY25 outlook, resulting in a 20% increase in dividends.
• The company's Q4 earnings and revenue surpassed expectations, indicating strong performance and potential growth opportunities.
• Analysts are evaluating Garmin's stock in comparison to other options for value investors, displaying confidence in the company's future prospects.
• The optimism leading up to Garmin's Q4 earnings and positive forecasts likely fueled the uptick in the stock price, with a particular focus on key performance indicators in the fitness, marine, aviation, auto OEM, and outdoor markets.

19.01.2025 - GRMN Stock was up 15.1%

• Garmin (GRMN) exceeded both earnings and revenue estimates for the fourth quarter of 2024, showcasing strong financial performance.
• The market reacted positively to the news of Garmin's robust earnings, driving the stock price higher.
• Analysts and investors are optimistic about Garmin's future performance, especially with growth expected in its fitness, marine, aviation, auto OEM, and outdoor end markets.
• The comparison with other stocks like BELFB also indicates confidence in Garmin's value proposition, further boosting investor sentiment and contributing to the bullish movement.

03.03.2025 - GRMN Stock was down 14.6%

• Garmin's recent strong stock performance has surpassed the S&P 500's performance in the last year, hinting at a promising future for the company.
• The sudden market dip could be linked to investors capitalizing on significant gains made on the stock.
• Shifts in market sentiment linked to general market conditions or sector-specific news may have caused the drop in Garmin's stock price.
• Investors are likely keeping a close eye on upcoming announcements and financial reports from Garmin to evaluate the company's growth prospects and potential effects on its stock performance.