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Garmin Ltd. (GRMN) Stock Analysis

Temp Headwind edge

SellVALUE-TRAP 2/5High Confidence

Technology · Scientific & Technical Instruments

Sell if holding. Analyst target reached at $249.42 — A.R:R is negative (-1.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Taiwan manufacturing.

Garmin designs, develops, manufactures, and markets GPS-enabled products across five segments: fitness, outdoor, aviation, marine, and auto OEM. It has delivered 300M+ products since inception and 20M+ in fiscal 2025. Revenue comes from diversified product sales globally;... Read more

$249.42+7.6% A.UpsideScore 5.6/10#1 of 14 Scientific & Technical Instruments
Stop $236.39Target $267.85(resistance)A.R:R -1.3:1
Analyst target$261.71+4.9%7 analysts
$267.85our TP
$249.42price
$261.71mean
$220
$320

Sell if holding. Analyst target reached at $249.42 — A.R:R is negative (-1.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Taiwan manufacturing. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 5.6/10, high confidence.

Passes 4/6 gates (clean insider activity, no SEC red flags, earnings proximity no date, semi cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.

Thesis

Rewards
Strong earnings beat streak (3/4)
High-quality business
Risks
Concentration risk — Geographic: Taiwan manufacturing
Analyst target reached - limited upside remaining
Leverage penalty (D/E 2.2): -1.5

Key Metrics

P/E (TTM)28.2
P/E (Fwd)24.8
Mkt Cap$48.8B
EV/EBITDA21.9
Profit Mgn23.0%
ROE19.8%
Rev Growth16.6%
Beta0.97
Dividend1.69%
Rating analysts15

Quality Signals

Piotroski F7/9

Options Flow

P/C0.90neutral
IV40%normal
Max Pain$170-31.8% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHGeographicTaiwan manufacturing
    10-K Item 1A: 'Our principal manufacturing facilities for consumer products are located in Taiwan'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

2 floor-breakers·1 ceiling hit

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Volume
0.0
Obv
1.0
Rsi
5.5
Ma Position
6.0
Volume distribution (falling OBV)Above 200-day MA

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ev Ebitda
0.0
Peg Ratio
3.6
Analyst Target
4.0
Pe
4.6
Forward Pe
5.0
Ps
5.7
Forward P/E: 24.8xPEG: 3.22
GatesMomentum 2.5<4.5A.R:R -1.3=NEGATIVEInsider activity: OKNo SEC red flagsEARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARSuitability: Moderate
RSI
41 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $232.84Resistance $273.32

Price Targets

$236
$268
A.Upside+7.4%
A.R:R-1.3:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Target reached (-8.5% upside)
! Momentum score 2.5/10 — below 4.5 minimum
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-04-29 (nulld)

Verdict History

reverse chrono — latest first
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Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is GRMN stock a buy right now?

Sell if holding. Analyst target reached at $249.42 — A.R:R is negative (-1.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Taiwan manufacturing. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $236.39. Score 5.6/10, high confidence.

What is the GRMN stock price target?

Take-profit target: $267.85 (+7.6% upside). Prior stop was $236.39. Stop-loss: $236.39.

What are the risks of investing in GRMN?

Concentration risk — Geographic: Taiwan manufacturing; Analyst target reached - limited upside remaining; Leverage penalty (D/E 2.2): -1.5.

Is GRMN overvalued or undervalued?

Garmin Ltd. trades at a P/E of 28.2 (forward 24.8). TrendMatrix value score: 3.9/10. Verdict: Sell.

What do analysts say about GRMN?

15 analysts cover GRMN with a consensus score of 2.7/5. Average price target: $262.

What does Garmin Ltd. do?Garmin designs, develops, manufactures, and markets GPS-enabled products across five segments: fitness, outdoor,...

Garmin designs, develops, manufactures, and markets GPS-enabled products across five segments: fitness, outdoor, aviation, marine, and auto OEM. It has delivered 300M+ products since inception and 20M+ in fiscal 2025. Revenue comes from diversified product sales globally; principal consumer manufacturing is concentrated in Taiwan.

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