GRMN
Garmin
Consumer Discretionary · Consumer Electronics · US
$226.00
Close 2026-05-15
✓ ETHICAL PASS

MODERATE MOAT
HIGH
Data Confidence: 100%
Full financial profile available
Market Cap
$43.6B
Trailing P/E
25.22
Forward P/E
22.30
Rev Growth
+14.2%
Profit Margin
23.3%
ROE
19.9%
Analyst Target
$261.71
Recommendation
HOLD
About Garmin

Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide. It offers running; cycling products; smartwatch devices; scales and monitors; and sports timing and performance analysis; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, which enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite communicators; golf devices; consumer automotive; dog devices; InReach and Gramin response; and dive devices. In addition, it designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and portable GPS navigators and wearables, as well as service products to the aviation market. Further, it offers chartplotters and multi-function displays, cartography, fishfinders, sonar, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing, audio, digital switching, trolling motors, and lighting; and domain controllers and infotainment units, as well as software, map database, camera, wearable, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, OEM, and online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

Opportunity Summary
Trading at $226, 57% above fair value of $144. Moderate competitive position. 23% profit margins. Passes all ethical screens. Ranks better than 59% of screened stocks.
Ethical Screen
Business ActivityPASS
Debt Ratio (0.01%)PASS
Cash Ratio (0.13%)PASS
Receivables Ratio (0.32%)PASS
Revenue Ratio (0.02%)PASS
OverallPASS
Score Ethical: 82.1
Score Valuation: 44.5
Score Quality: 80.2
Score Combined: 58.1
Fair Value Est: $143.93 · Margin of Safety: -57.0% · Tier: OVERVALUED

Full Analysis

Opportunity scores, earnings history, insider transactions, institutional holders, analyst consensus, and more.

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Opportunity Scores
Valuation87.3
Quality98.8
Cash Flow21.2
Moat50.0
Balance Sheet100.0
Debt Purity95.5
Liquid Purity61.5
Rev Purity64.4
Compliance76.3
Tier: BRONZE · Score: 48.2 · Rank: #2299
Earnings History (Last 8 Quarters)
DateEPS Est.Reported EPSSurprise %
2026-07-292.29Pending--
2026-04-291.842.08+13.1%
2026-02-182.392.79+16.6%
2025-10-291.991.99--
2025-07-301.902.17+14.4%
2025-04-301.681.61-4.0%
2025-02-192.012.25+12.0%
2024-10-301.451.99+37.7%
Quarterly Financials
PeriodRevenueNet IncomeEBITDAGross ProfitOp. IncomeEPS
2026-03-31$1.8B$405.1M$480.8M$1.0B$431.7M2.10
2025-12-31$2.1B$528.7M$660.4M$1.3B$614.2M2.75
2025-09-30$1.8B$401.6M$505.9M$1.0B$456.8M2.09
2025-06-30$1.8B$400.8M$519.4M$1.1B$472.3M2.08
2025-03-31$1.5B$332.8M$379.1M$884.5M$332.8M1.73
Insider Transactions
DateNameRoleSharesValue
2026-05-18BURRELL JONATHAN CDirector270,000--
2026-05-08BURRELL JONATHAN CDirector435,000--
2026-05-08MINARD LAURIE AOfficer1,084$262.4K
2026-05-04BURRELL JONATHAN CDirector433,600--
2026-03-13BURRELL JONATHAN CDirector593,000--
2026-03-11BURRELL JONATHAN CDirector330,000--
2026-03-10LINK EDWARD J.Officer1,275$310.6K
2026-02-26PEMBLE CLIFTON AChief Executive Officer19,914$5.0M
2026-02-26DESBOIS PATRICKChief Operating Officer6,694$1.7M
2026-02-26MUNN MATTHEW W.Officer5,275$1.3M
Top Institutional Holders
HolderSharesValue% Held
Blackrock Inc.15.4M$3.7B0.1%
Vanguard Capital Management LLC10.6M$2.6B0.1%
Vanguard Portfolio Management LLC7.9M$1.9B0.0%
State Street Corporation6.9M$1.6B0.0%
Artisan Partners Limited Partnership5.5M$1.3B0.0%
Geode Capital Management, LLC4.4M$1.1B0.0%
FMR, LLC2.2M$518.0M0.0%
Alliancebernstein L.P.1.9M$465.3M0.0%
JPMORGAN CHASE & CO1.9M$454.8M0.0%
Northern Trust Corporation1.8M$431.2M0.0%
Analyst Recommendations
2 Months Ago
2
4
2
8 analysts
Last Month
3
4
2
9 analysts
Current
2
5
8 analysts
Strong Buy Buy Hold Sell Strong Sell
Additional Fundamentals
Enterprise Value
$43.9B
Price/Book
5.01
Beta
0.956
Analysts
7
Total Revenue (TTM)
$7.5B
Total Debt
$216.1M
Earnings Growth
+21.5%
Dividend Yield
1.8%
Rec. Mean
2.62
Short Ratio
4.62
Short % Float
0.0%
Employees
23,000

Elite Intelligence

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Trade Consideration
The Opportunity
Score 58.1 (P92 — top 8.1% of scored tickers). Moderate Moat. Ethical PASS. 7 analysts at Hold.
Price: $226.00 | Target: $262.43 (+16%) | Fair Value: $143.93 (+-36%)
Score
58
Moat
MODERATE
Conviction
Standard
Upside
+16%
The Fundamentals
Revenue Growth+14.2%
Profit Margin23.3%
ROE19.9%
Forward P/E22.3
Market Cap$43.6B
Earnings Track Record
DateEstimateReportedSurprise
2026-07-29$2.29Pending
2026-04-29$1.84$2.08+13.1%
2026-02-18$2.39$2.79+16.6%
2025-10-29$1.99$1.99
2025-07-30$1.90$2.17+14.4%
2025-04-30$1.68$1.61-4.0%
Position Sizing Scenarios
Stop: $192.10 (-15%) | Entry: $226.00
SharesCostProfit to TargetR:R
To Consensus ($262.43, 7 analysts)
10$2,260.00+$364.30 (16%)1.1R
50$11,300.00+$1,821.50 (16%)1.1R
100$22,600.00+$3,643.00 (16%)1.1R
To Fair Value ($143.93)
10$2,260.00+$-820.70 (-36%)-2.4R
50$11,300.00+$-4,103.50 (-36%)-2.4R
100$22,600.00+$-8,207.00 (-36%)-2.4R
Risk Factors
  • Elevated short interest (4.62 days to cover)
The Verdict
Garmin passes all ethical screens and holds a moderate competitive moat.
Quantitative Grade

A single score combining all analytical layers below. A is strongest, D is weakest.

C
Quant Score
50.2
Risk Grade
LOW_RISK
Layers
8
Quality: CONSISTENT_BEATER
Risk Profile

How much could this ticker lose on a bad day? These metrics measure worst-case scenarios from historical data.

VaR 95%
-2.9%
worst expected daily loss, 19 in 20 days
CVaR 95%
-5.1%
avg loss on the worst 5% of days
Annual Volatility
Sortino Ratio
0.74
above 1.0 is good
Max Drawdown
-28.0%
Worst Day
Forward Outlook

Based on 10,000 simulated price paths, here is the probability of where this ticker could be in 30, 60, and 90 days.

30d Prob Up
90d Prob Up
Median Return 30d
Liquidity Score
90
Liquidity Grade
HIGHLY LIQUID
Trend & Momentum

What direction is this ticker actually moving, filtered through noise? Is it speeding up or slowing down?

Kalman Trend
Trend Strength
Momentum Signal
HMM Regime
RSI Signal
Technical Signals

Classic chart signals that institutional traders monitor. Golden Cross is bullish, Death Cross is bearish.

MA Crossover
ABOVE_200
Bollinger Position
LOWER_HALF
Beta
Relative Volume
1.8x
Short Interest
Financial Health

Is this company financially sound? The Z-Score measures bankruptcy risk. The F-Score measures fundamental strength.

Altman Z-Score
below 1.81 = distress zone
Piotroski F-Score
Earnings Beat Rate
87.5%
Earnings Consistency
Correlations

These tickers tend to move together (positive) or in opposite directions (negative). Useful for portfolio diversification.

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Inverse Correlated
TickerCorrelation
BAES.L-0.192
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Seasonality

Does this ticker have consistent patterns on certain days or months? Historical tendencies, not guarantees.

Best Day
Wednesday
Worst Day
Thursday
Best Month
Feb
Worst Month
Mar
Fri-Mon Effect
-0.18456234417887313
Earnings Drift

After this company beats earnings, does the price keep going up? Drift tracks post-earnings momentum.

Avg Drift After Beat
-0.1%
Beat Drift Positive %
60.0%
Consistency
Momentum Rankings

How does this ticker's recent performance compare to the entire universe? Ranked across 1, 3, 6, and 12-month returns.

1M Return
-8.0%
3M Return
-4.8%
6M Return
+28.5%
12M Return
+20.3%
Momentum Rank
#2269
Momentum Signal
FLAT

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