Garmin Ltd. (GRMN)

Over the past six months, Garmin's stock experienced fluctuations, with a share price of $203.76 as of January 5, 2026, reflecting a 1.96% decline from January 6, 2025. However, the stock price increased by 1.52% over the last 12 months. Garmin reported its quarterly earnings on October 29, 2025, with an EPS of $1.99 and revenue of $1.77 billion, an 11.7% increase compared to the previous year. Analyst ratings varied, with some reaffirming or upgrading their ratings and price targets, while others maintained or raised their price targets with an "underweight" rating. Insider trading activity also occurred, with three Garmin executives selling company shares worth nearly $3.5 million on January 13, 2026.

Garmin's product sales are subject to seasonal fluctuations, particularly in the fitness sector. The company manages this by increasing inventory to buffer against holiday season demand and potential supply chain disruptions. Strong Q3 2025 results indicate robust performance heading into the holiday season.

Garmin Ltd. is an American multinational technology company specializing in GPS-enabled products and other navigation, communication, sensor-based, and information products, operating within the Technology sector. Its product portfolio includes aviation, automotive OEM, outdoor recreation, fitness, and marine products. The aviation segment offers integrated flight decks, navigation systems, and weather solutions. The automotive OEM segment provides hardware and software solutions to automobile manufacturers. The outdoor recreation segment includes adventure watches, dive computers, and dog tracking devices. The fitness segment offers running watches, cycling products, and the Garmin Connect platform. The marine segment provides chartplotters, fishfinders, and autopilot systems.

Garmin Ltd. operates globally with its legal domicile in Switzerland and subsidiaries in the United States, Taiwan, and the United Kingdom. The company has offices in the U.S., Europe, and Asia, and its business presence extends across North America, Asia-Pacific, Europe, the Middle East, and Africa, with a primary focus on North America and Europe. In 2024, Garmin expanded its European footprint by extending its Outdoor Maps+ mapping solution and Garmin Navigation Database coverage to several European countries.

Garmin has maintained a strong brand reputation, recognized for its innovation in GPS technology and its leadership across its five vertical markets. The company has been acknowledged as the Manufacturer of the Year for marine electronics for the 11th consecutive year and has held the number one position for aviation product support for 20 years straight as of 2025. It is also considered a value leader in the global wearable technology market.

Institutional investors hold approximately 57% of Garmin Ltd.'s shares, with major shareholders including Vanguard Group Inc and BlackRock, Inc. Insiders own about 15% of Garmin, with Min-Hwan Kao being a significant individual owner. The general public holds about 28% ownership.