Garmin Ltd. ($GRMN) Stock Forecast: Up 5.0% Today

What is Garmin Ltd.?

Garmin Ltd. (NYSE: GRMN) is a multinational technology company renowned for its GPS technology, wearable devices, and navigation systems. The stock exhibited significant bullish movement in the market today.

Why is Garmin Ltd. going up?

GRMN stock is up 5.0% on Jun 24, 2026 14:16

• The anticipation surrounding Garmin's second quarter 2026 earnings conference call scheduled for July 29 appears to have sparked investor enthusiasm, leading to increased buying interest and driving up the stock price.
• The introduction of the Forerunner 165 Music, a new GPS running watch offering advanced features at an accessible price, likely fueled optimism among investors regarding Garmin's innovation and potential revenue growth.
• Although initial analyses and technical indicators suggested a neutral to strong sell position for Garmin shares, the upcoming earnings call and product releases appear to have eclipsed these concerns, propelling the stock upwards.
• Garmin's emphasis on consumer health, marked by the unveiling of the Health Awards finalists, reflects the company's commitment to expanding its presence in the health and wellness sector. This focus might have further bolstered investor confidence in Garmin's future prospects.

GRMN Price Chart

GRMN Technical Analysis

GRMN News

Garmin sets July 29 earnings call before Q2 results drop

Garmin (NYSE: GRMN) has scheduled its second quarter 2026 earnings conference call for Wednesday, July 29, 2026, at 10:30 a.m. EDT. The call will follow an earnings release distributed before market open on the same day. Investors can register online to access the live webcast, which will also be archived for one year.

https://www.stocktitan.net/news/GRMN/garmin-ltd-schedules-second-quarter-2026-earnings-e93ti83p14ux.html

Garmin Ltd. schedules second quarter 2026 earnings call

Garmin Ltd. (NYSE: GRMN) has announced that it will host its second quarter 2026 earnings conference call on Wednesday, July 29, 2026, at 10:30 a.m. EDT. Shareholders and investors are invited to register online to access the call, which will precede the company's earnings release distributed that same day prior to market open. An archive of the webcast will be available for one year on Garmin's investor relations website.

https://ca.finance.yahoo.com/news/garmin-ltd-schedules-second-quarter-110000852.html

Garmin finalizes Health Awards finalists, shares stay in focus

Garmin Ltd. has announced the finalists for its 2026 Health Awards, adding a visible consumer-health angle. MarketScreener also noted a June 26 dividend date, alongside technical analysis indicating the shares are trading near a neutral range. Analysts and technical indicators currently show Garmin shares, trading at 235.687 USD, in a neutral to strong sell position, close to its 200-day moving average.

https://www.ad-hoc-news.de/boerse/news/ueberblick/garmin-finalizes-health-awards-finalists-shares-stay-in-focus/69613860

Garmin Ltd (GRMN) Valuation: PE, PB & Fair Value Analysis

This article provides a valuation analysis of Garmin Ltd (GRMN), highlighting its current valuation score, P/E ratio, and industry ranking. As of June 22, 2026, Garmin's valuation score is 6.74, placing it 44th out of 54 in the Communications & Networking industry. The article also notes the company's current P/E ratio of 26.20, which is below its recent high but above its recent low.

https://www.tradingkey.com/markets/stocks/nasdaq-grmn/company-valuation

The Forerunner 165 Music from Garmin Ltd. - AMOLED display and onboard playlists under 300 euros

The Garmin Forerunner 165 Music is a new mid-range GPS running watch featuring an AMOLED touchscreen, onboard music storage, and multi-band GPS, priced under 300 euros. It offers significant upgrades over previous models, focusing on enhanced display and music capabilities while maintaining a lightweight design and strong battery life. This watch positions itself as a core product within Garmin's Fitness segment, contributing to the company's revenue and offering investors insight into its performance.

https://www.ad-hoc-news.de/boerse/news/ueberblick/the-forerunner-165-music-from-garmin-ltd-amoled-display-and-onboard/69602519

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Garmin Ltd. Price History

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.

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.

24.05.2026 - GRMN Stock was up 5.0%

• The anticipation surrounding Garmin's second quarter 2026 earnings conference call scheduled for July 29 appears to have sparked investor enthusiasm, leading to increased buying interest and driving up the stock price.
• The introduction of the Forerunner 165 Music, a new GPS running watch offering advanced features at an accessible price, likely fueled optimism among investors regarding Garmin's innovation and potential revenue growth.
• Although initial analyses and technical indicators suggested a neutral to strong sell position for Garmin shares, the upcoming earnings call and product releases appear to have eclipsed these concerns, propelling the stock upwards.
• Garmin's emphasis on consumer health, marked by the unveiling of the Health Awards finalists, reflects the company's commitment to expanding its presence in the health and wellness sector. This focus might have further bolstered investor confidence in Garmin's future prospects.

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.

29.03.2026 - GRMN Stock was up 0.9%

• Garmin reported impressive Q1 earnings, surpassing both earnings and revenue expectations, driven by strong performance in its Fitness, Aviation, and Marine segments.
• The integration of Honeywell FGV Approaches into Starr Safety Network's program further solidifies Garmin's commitment to aviation safety and technological advancements.
• The recognition of Garmin's Fenix 8 Pro as the "Best Connected Device" at the 2026 Mobile World Congress likely contributed to positive market sentiment and investor confidence in the company's future growth prospects.
• Overall, Garmin's robust financial performance and strategic advancements in its product offerings have fueled investor optimism and led to the bullish movement in its stock price.

29.03.2026 - GRMN Stock was down 3.4%

• Despite achieving record-breaking Q1 sales and EPS growth, Garmin's stock faced notable bearish trends, lagging behind both the broader market and its competitors.
• Strong financial results for the first quarter, coupled with optimistic full-year forecasts, were eclipsed by a continuous decline in Garmin's stock price for the fourth consecutive day.
• Vanguard Capital Management holding a stake of 6.36% in the company possibly influenced market sentiment, which could have played a role in pushing Garmin's stock price down.
• The contrast between Garmin's impressive financial performance and the stock's downturn may be linked to investors seizing profits following a period of sustained growth, thus prompting the bearish market movement.

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.

28.03.2026 - GRMN Stock was down 3.2%

• GRMN, although expected to outperform earnings projections with robust performance in multiple segments, encountered a bearish market trend.
• The contrast between optimistic forecasts and the market's response could be due to investors selling to secure profits, possibly accounting for the predicted earnings surge.
• Market sentiment and external factors, like general market fluctuations or sector-specific issues, likely influenced the negative stock movement, despite Garmin's favorable fundamentals.
• Investors could have been reacting to industry-wide developments or specific events within the technology field, prompting the decline in GRMN's share price.