Garmin Ltd.
GRMN · NYSE
- $282.67
- $54.06B
- Open
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- $280.30 - $284.21
- $186.67 - $314.28
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- 782.96K
About Garmin Ltd.
Garmin sells connected wearables and other technology products serving fitness, outdoor, aviation, marine and automotive-related markets. Its revenue model is primarily hardware sales, with fitness and advanced wearables identified as important current growth drivers; the supplied evidence does not quantify the contribution of each segment. Customers include consumers purchasing activity and health devices as well as specialized users and businesses in Garmin’s other operating markets. Garmin generated $7.2 billion of FY2025 revenue and $1.7 billion of net income, up from $6.3 billion and $1.4 billion, respectively, in FY2024.
Notable Price Movement
- Aug 3-7$310.895.82%
Garmin rose 21.17% over the week, from $253.65 to $307.36, with nearly all of the move occurring in the July 29 jump to $294.83. The immediate catalyst was a quarterly earnings beat, strong fitness performance and higher FY2026 guidance; Zacks said advanced wearables drove 11% sales growth and stronger margins supported the outlook. The stock added modestly on July 30, then gave back part of the rally on July 31 before resuming its advance on August 3-4. The move therefore reflected company-specific earnings optimism rather than the broader market, although the available evidence also notes reasons for caution after the sharp wearables-led re-rating.
