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GRMN - Garmin Ltd.

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Garmin Ltd.

GRMN

NYSE

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices and mobile apps, and dog tracking and training devices. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions comprising 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 transponder solutions, weather information and avoidance solutions, datalink and connectivity solutions, portable GPS navigators and wearables, and various services products. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fish finders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, digital switching products, and trolling motors. Its Auto segment offers embedded computing models and infotainment systems; personal navigation devices; and cameras. The company sells its products through independent retailers, online retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as an online webshop, garmin.com. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.

199.8 USD

0.84 (0.42%)

Latest GRMN News

Davit Kirakosyan

Feb 19, 2025

Garmin Jumps 14% on Strong Q4 Earnings and Optimistic 2025 Outlook

Garmin (NYSE:GRMN) surged more than 14% intra-day today after posting better-than-expected fourth-quarter results, with both earnings and revenue surpassing analyst estimates, alongside an upbeat forecast for 2025. For Q4, the GPS technology leader reported adjusted earnings per share of $2.41, beating expectations of $1.91 by 26%. Revenue surged 23% year-over-year to $1.82 billion, well ahead of the $1.65 billion consensus forecast. The company credited its record-setting year to strong perform...

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Alex Lavoie

Feb 18, 2025

Garmin Ltd. (GRMN) Quarterly Earnings Preview

Garmin Ltd. (NYSE:GRMN) is a well-known player in the technology sector, specializing in GPS technology and wearable devices. The company operates across various segments, including fitness, marine, aviation, auto OEM, and outdoor markets. Garmin faces competition from companies like Fitbit and TomTom, but it has carved out a strong niche with its diverse product offerings. On February 19, 2025, Garmin is set to release its quarterly earnings before the market opens. Analysts expect the earning...

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Stuart Mooney

Nov 7, 2024

Garmin Ltd. (NYSE: GRMN) Sees Significant Stock Surge Amid Strong Financial Performance

Garmin Ltd. (NYSE: GRMN) is a well-known company specializing in personal navigation devices and technology products for outdoor recreation, navigation, and fitness. The company has been experiencing a significant surge in its stock price, driven by strong financial performance and an optimistic outlook. Garmin's competitors include companies like TomTom and Fitbit, but Garmin has managed to maintain a strong market position. On November 7, 2024, Sean Biddlecombe, Managing Director, EMEA for Ga...

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Davit Kirakosyan

Oct 30, 2024

Garmin Shares Jump 23% on Strong Q3 Earnings Beat and Raised Full-Year Guidance

Garmin (NYSE:GRMN) saw its shares rise more than 23% intra-day on Wednesday after reporting third-quarter earnings that significantly outpaced expectations and raising its full-year forecast. The GPS technology leader posted adjusted earnings per share of $1.99, beating Street estimates by $0.55. Revenue reached $1.59 billion, surpassing the anticipated $1.44 billion and marking a robust 24% year-over-year increase. Growth was broad-based across Garmin’s segments, with fitness revenue surging 31...

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Davit Kirakosyan

Sep 13, 2024

Barclays Downgrades Garmin to Underweight, Shares Fall 2%

Garmin Ltd. (NYSE:GRMN) shares fell more than 2% pre-market today after Barclays analysts downgraded the company to Underweight from Equalweight, lowering the price target to $133 from $181. The downgrade is based on concerns that Garmin's current valuation is overly extended. Long pointed out several factors contributing to the downgrade: first, Garmin’s premium valuation compared to its historical averages; second, limited visibility into 2025 as consumer spending on hardware remains subdued, ...

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The Motley Fool

Aug 23, 2024

1 Favorable Trend That Explains the 70% Increase in Garmin Stock

Increasing consumer interest in health and fitness has driven demand for Garmin's smart watches and fitness trackers. Garmin's fitness product sales are leading the company's strong revenue growth.

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InvestorPlace

Aug 9, 2024

3 Promising Fitness Stocks to Power Up Your Portfolio

An increasing awareness of the health benefits of staying active has catapulted fitness stocks into the spotlight. In the era of technological advancements and evolving consumer preferences, fitness companies are innovating to stay ahead of the curve.

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InvestorPlace

Aug 9, 2024

The 7 Best Dividend Stocks to Buy Now: August 2024

You don't have to buy real estate to generate cash flow from your assets. Not only is it easier to buy the best dividend stocks with any amount of capital, but it also takes less work to stay on top of these investments.

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Zacks Investment Research

Aug 8, 2024

DKILY or GRMN: Which Is the Better Value Stock Right Now?

Investors interested in Electronics - Miscellaneous Products stocks are likely familiar with Daikin Industries (DKILY) and Garmin (GRMN). But which of these two companies is the best option for those looking for undervalued stocks?

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Zacks Investment Research

Aug 5, 2024

Understanding Garmin (GRMN) Reliance on International Revenue

Explore how Garmin's (GRMN) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

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