Garmin Ltd. (GRMN) Stock Analysis
Range Bound setup
Technology · Scientific & Technical Instruments
Sell if holding. Analyst target reached at $234.96 — A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Supplier: sole source suppliers.
Garmin designs, develops, manufactures, and distributes GPS-enabled devices across five segments: fitness, outdoor, aviation, marine, and auto OEM. The company has shipped over 300 million products since founding, including more than 20 million in fiscal 2025, selling through... Read more
Sell if holding. Analyst target reached at $234.96 — A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Supplier: sole source suppliers. Chart setup: RSI 48 mid-range, Bollinger mid-band. Score 6.0/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 43d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-06-17Recent Developments — Garmin Ltd.
Latest news
- NEWS Garmin Beats Q1 Goals But Sticks With Prior Full-Year Outlook - Investor's Business Daily — Investor's Business Daily positive
- NEWS Garmin Ltd. 2026 Q1 - Results - Earnings Call Presentation (NYSE:GRMN) 2026-04-29 - Seeking Alpha — Seeking Alpha neutral
- NEWS Garmin (GRMN) beats Q1 earnings and revenue estimates - MSN — MSN positive
- NEWS Garmin (GRMN) Beats Q1 Earnings and Revenue Estimates - Yahoo Finance — Yahoo Finance positive
- NEWS Garmin (GRMN) Beats Q1 Earnings and Revenue Estimates - Yahoo! Finance Canada — Yahoo! Finance Canada positive
Generated 2026-06-17T09:07:23Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMGeographicTaiwan10-K Item 1A: 'Our principal manufacturing facilities for consumer products are located in Taiwan.'
- HIGHSuppliersole source suppliers10-K Item 1A: 'Some components we use are from sole source suppliers.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
10 dimensions · all in-band
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $234.96 — A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Supplier: sole source suppliers. Chart setup: RSI 48 mid-range, Bollinger mid-band. Prior stop was $223.00. Score 6.0/10, moderate confidence.
Take-profit target: $237.51 (+1.1% upside). Prior stop was $223.00. Stop-loss: $223.00.
Concentration risk — Supplier: sole source suppliers; Analyst target reached - limited upside remaining; Leverage penalty (D/E 2.3): -1.5.
Garmin Ltd. trades at a P/E of 26.6 (forward 23.1). TrendMatrix value score: 4.1/10. Verdict: Sell.
16 analysts cover GRMN with a consensus score of 3.6/5. Average price target: $262.
What does Garmin Ltd. do?Garmin designs, develops, manufactures, and distributes GPS-enabled devices across five segments: fitness, outdoor,...
Garmin designs, develops, manufactures, and distributes GPS-enabled devices across five segments: fitness, outdoor, aviation, marine, and auto OEM. The company has shipped over 300 million products since founding, including more than 20 million in fiscal 2025, selling through retailers, dealers, OEMs, and directly via garmin.com. Manufacturing is vertically integrated across facilities in Taiwan, the U.S., Netherlands, U.K., Poland, and China.