Garmin Ltd. ($GRMN) Stock Forecast: Down 0.8% Today

What is Garmin Ltd.?

Garmin Ltd. (GRMN) is a technology company specializing in GPS navigation and wearable technology products. The stock experienced significant bearish movement in the market today.

Why is Garmin Ltd. going down?

GRMN stock is down 0.8% on Apr 23, 2026 17:21

• Mention of Garmin as a top-rated technology stock potentially exceeding Q1 earnings expectations could have initially boosted investor confidence.
• Increased compensation for the President & CEO for 2025 may have sparked concerns about its impact on company expenses and profitability, prompting some selling pressure on the stock.
• The recent filing of the DEF 14A proxy statement disclosing a proposed cash dividend and voting proposals for the upcoming Annual General Meeting likely introduced uncertainty among investors, contributing to the downward market trend.
• Despite strong financial results and a dividend announcement, mixed analyst ratings and notable insider trading activity with more sales than purchases could have intensified the pessimism surrounding the stock.

GRMN Price Chart

GRMN Technical Analysis

GRMN News

The Zacks Analyst Blog Sandisk, Monolithic Power Systems, Garmin and Corning

This Zacks Analyst Blog highlights four top-ranked technology stocks—Sandisk (SNDK), Monolithic Power Systems (MPWR), Garmin (GRMN), and Corning (GLW)—poised to surpass Q1 earnings expectations. The article emphasizes the technology sector's momentum driven by AI and cloud computing, which are accelerating demand for high-performance computing, data center infrastructure, and advanced semiconductors. The featured companies are identified through a proprietary methodology combining a favorable Zacks Rank and a positive Earnings ESP.

https://finance.yahoo.com/markets/stocks/articles/zacks-analyst-blog-sandisk-monolithic-134300837.html

GARMIN LTD ($GRMN) President & CEO 2025 Pay Revealed

GARMIN LTD's President & CEO, Clifton A. Pemble, is estimated to have received $7,744,354 in compensation in 2025, a 6.5% increase from 2024, based on a recent SEC filing. Insider trading activity for GRMN shows 24 sales and no purchases in the last 6 months, while institutional holdings indicate both adds and decreases among investors. Analysts have issued mixed ratings, with a median price target of $252.0 for the stock.

https://www.quiverquant.com/news/GARMIN+LTD+%28%24GRMN%29+President+%26+CEO+2025+Pay+Revealed

[ARS] GARMIN LTD SEC Filing

Garmin Ltd. (GRMN) has filed an ARS document with the SEC, indicating a low impact and neutral sentiment. This filing, submitted on April 22, 2026, at 11:30 AM, is available as a PDF document. The report also provides an overview of GRMN's market data, recent news, and other SEC filings.

https://www.stocktitan.net/sec-filings/GRMN/ars-garmin-ltd-sec-filing-b8c72152b887.html

Form DEF 14A GARMIN LTD For: Jun 05

Garmin Ltd. has filed its DEF 14A proxy statement for the Annual General Meeting of Shareholders to be held on June 5, 2026. The agenda includes approval of the 2025 Annual Report and financial statements, appropriation of earnings, and a cash dividend of $4.20 per share. Shareholders will also vote on the re-election of directors, compensation matters for executive officers and the board, and the appointment of auditors.

https://www.streetinsider.com/SEC+Filings/Form+DEF+14A+GARMIN+LTD+For%3A+Jun+05/26349347.html

Record 2025 results and $4.20 dividend in Garmin (NYSE: GRMN) proxy

Garmin's proxy statement details a proposed $4.20 per share cash dividend for 2025, payable in four equal installments, supported by record financial results including $7.25 billion in revenue and $1.88 billion in operating income. Shareholders will vote on 14 proposals at the June 5, 2026 annual meeting, including director re-elections, executive and board compensation limits, and the appointment of Ernst & Young as auditors. The report also highlights Garmin's corporate governance, compensation practices, and sustainability efforts.

https://www.stocktitan.net/sec-filings/GRMN/def-14a-garmin-ltd-definitive-proxy-statement-e74ff31cfd16.html

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Garmin Ltd. Price History

13.01.2026 - GRMN Stock was up 5.2%

• The rise in Garmin's stock today is influenced by several factors:
• Institutional investors like Krilogy Financial LLC buying shares, reflecting confidence in the company's growth potential.
• The establishment of a new aviation flight test center at Mesa Gateway Airport, demonstrating Garmin's commitment to innovation in aviation.
• A decline in short interest, indicating a more positive investor sentiment towards Garmin's future performance.
• Despite executives selling shares, overall market sentiment is optimistic, supported by analyst ratings and the company's strategic actions.

13.01.2026 - GRMN Stock was up 5.0%

• The bullish movement in Garmin's stock today can be attributed to several factors:
• Positive investor sentiment following the 5.1% increase in share price on February 13.
• Institutional investors like ING Groep NV and Krilogy Financial LLC acquiring new stakes in the company, signaling confidence in its future performance.
• The opening of a new aviation flight test center at Mesa Gateway Airport, showcasing Garmin's commitment to innovation and expansion in the aviation sector.
• Despite recent insider selling activities by the CFO and CEO, the overall market response seems to be driven by the company's strategic developments and investor interest.

18.01.2026 - GRMN Stock was up 10.2%

• Following the announcement of impressive fourth-quarter financial results, Garmin's stock saw a notable increase, surpassing expectations from analysts in terms of net income, earnings per share, and revenue.
• The surge in the stock market can be linked to Garmin's exceptional performance in fiscal year 2025, with robust revenue growth across all segments and strong operating income.
• The company's proposal for a 17% dividend raise and the introduction of a new $500 million share buyback program received a positive response from analysts and investors, demonstrating confidence in Garmin's future prospects.
• Further driving the overall optimistic sentiment towards Garmin was the positive 2026 guidance, emphasizing sustained growth and revenue expansion driven by strategic investments and innovation.

18.01.2026 - GRMN Stock was up 9.3%

• Record-breaking fourth-quarter 2025 results were recently announced by Garmin, showcasing significant revenue growth in its fitness segment driven by high demand for advanced wearables. This robust financial performance and positive outlook for 2026 likely played a role in the stock's bullish movement.
• A new share repurchase program of up to $500 million was unveiled, signaling confidence in the company's future prospects and potentially enhancing investor sentiment.
• The positive market sentiment, reflected in the increase in the Dow Jones index and the gains in other prominent stocks like Wingstop, Caesars Entertainment, and Sabre, may have also positively impacted Garmin's stock performance today.

18.01.2026 - GRMN Stock was up 10.6%

• The company disclosed record-breaking fourth-quarter 2025 results, showcasing remarkable revenue growth in its fitness segment attributed to the high demand for advanced wearables. This strong financial performance, combined with a positive outlook for 2026, likely propelled the stock's bullish movement.
• An announcement regarding a new share repurchase program valued at up to $500 million signals Garmin's confidence in its future prospects, potentially enhancing investor confidence.
• The general positive market sentiment, evidenced by the uptrend in the U.S. stock market where companies like Garmin, Caesars Entertainment, and Sabre recorded gains, could have also influenced the bullish movement in Garmin's stock.

18.01.2026 - GRMN Stock was up 16.2%

• Garmin (GRMN) experienced a strong bullish movement today following its record fourth quarter and fiscal year 2025 results, demonstrating impressive revenue growth and performance across all segments.
• The company's robust financial performance included a 15% increase in net sales and an 18% rise in net income. Positive guidance for fiscal year 2026 bolstered investor optimism and drove the stock price higher.
• Strategic investments, innovative product launches, and strong demand across various segments have been pivotal in Garmin's success, emphasizing the importance of continuous innovation and market expansion.
• Garmin's proposed dividend increase, share repurchase program, and positive outlook for future growth have reinforced investor confidence in its long-term prospects, establishing its position as a market leader in the technology sector.

10.11.2025 - GRMN Stock was up 2.5%

• Despite lagging behind the S&P 500 and Trimble Inc. in performance over the last year, Garmin's stock exhibited a strong bullish movement.
• Analysts hold a cautious stance on Garmin, issuing a "Hold" rating, citing the company's Q3 earnings that fell short of revenue expectations.
• Investor optimism and the bullish stock movement may be linked to speculation regarding Garmin's wearables expansion and the potential introduction of Zepp Pay in the US.
• Investors are encouraged to assess various growth scenarios and competitive pressures to fairly evaluate Garmin's stock price, especially considering its premium valuation compared to industry peers.

08.03.2026 - GRMN Stock was up 5.2%

• The bullish movement in Garmin Ltd. stock can be attributed to the company's strong performance in both the consumer fitness wearables and aviation navigation systems sectors, attracting investor interest.
• The release of the premium multisport GPS smartwatch, Garmin Fenix 7, designed for serious athletes and outdoor enthusiasts, may have contributed to the positive market sentiment.
• The consistent growth in quarterly payouts and the company's diversified segments across fitness, outdoor, aviation, marine, and auto industries showcase Garmin's stability and innovation, making it an appealing option for investors seeking growth and income.
• The advertisement for a limited edition Garmin Instinct 2 watch and the premium features of the Fenix 7 series highlight Garmin's commitment to providing high-quality, advanced technology products that cater to a wide range of sports and outdoor activities, further enhancing its market position and driving the bullish movement in its stock.

19.01.2026 - GRMN Stock was down 0.0%

• Despite positive Q4 earnings and optimistic 2026 guidance, Garmin shares saw a significant bearish trend, with revenue hitting $2.12 billion and pro forma EPS at $2.79.
• The market's reaction may have been influenced by institutional investors' varied actions, despite a 17% dividend hike and a new $500 million share repurchase program to enhance shareholder returns.
• Insider sales within the company could have contributed to the bearish movement, alongside conflicting analyst ratings of "buy" and "underweight" which sparked uncertainty among investors.
• Despite a robust performance in the fitness wearables sector and overall record revenue for the quarter and year, current market sentiment toward Garmin stock reflects more concern over insider sales and institutional investor activity.

23.03.2026 - GRMN Stock was down 0.8%

• Mention of Garmin as a top-rated technology stock potentially exceeding Q1 earnings expectations could have initially boosted investor confidence.
• Increased compensation for the President & CEO for 2025 may have sparked concerns about its impact on company expenses and profitability, prompting some selling pressure on the stock.
• The recent filing of the DEF 14A proxy statement disclosing a proposed cash dividend and voting proposals for the upcoming Annual General Meeting likely introduced uncertainty among investors, contributing to the downward market trend.
• Despite strong financial results and a dividend announcement, mixed analyst ratings and notable insider trading activity with more sales than purchases could have intensified the pessimism surrounding the stock.

27.02.2026 - GRMN Stock was down 5.2%

• Garmin Ltd. stock underperformed compared to its competitors, dropping 3.56% to close at $236.07, ending a three-day winning streak.
• Despite a moderate investment rating and a 12-month target price forecast of $213.62, the stock faced selling pressure in today's trading session.
• The upcoming first quarter 2026 earnings call scheduled by Garmin may have caused uncertainty among investors, leading to profit-taking and contributing to the bearish movement in the stock price.
• Investors might be cautious ahead of the earnings release, waiting for further insights into the company's financial performance and outlook, which could explain the negative sentiment surrounding Garmin's stock today.

05.00.2026 - GRMN Stock was up 0.6%

• The release of the dēzl DualView camera system for trucks underlines Garmin's dedication to improving safety and efficiency in the transportation sector, potentially expanding its customer base and boosting revenue.
• The introduction of a new nutrition tracking feature on Garmin Connect for users with Garmin Connect+ plans enhances the health and fitness monitoring experience, potentially increasing user engagement and retention rates.
• Analyst upgrades, a strong demand for fitness wearables, and avionics innovations have driven Garmin's stock rally, indicating a positive outlook on the company's growth and market position.
• Despite market volatility in the tech sector, Garmin's stock has demonstrated stability and consistent growth, showcasing investor confidence in its diverse business segments and long-term opportunities. This reliable performance could continue to attract both long-term investors and traders seeking stability amid market uncertainties.