Stock analysis, trade plans, and proprietary indicators by Trend Edge.
About Garmin Ltd
Garmin Ltd. designs, develops, manufactures, markets, and distributes a diverse range of GPS-enabled products and navigation, communications, sensor-based, and information products and services worldwide. It offers running; cycling products; smartwatch devices; scales and monitors; and sports timing and performance analysis; Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitnes… Read full Trend Edge analysis →
Founder-Led: Yes — Min Kao (Co-Founder & Executive Chairman)
Key Metrics
Current Price
$237.97
Market Cap
$46.24B
Float
164.6M
Shares Outstanding
192.9M
P/E (Forward)
25.00
P/E (TTM)
26.73
Price/Sales (TTM)
6.20
vs. Analyst Target
+10.3% to analyst PT
Profit Margin
23.26%
Operating Margin (TTM)
24.62%
Revenue (TTM)
$7.46B
Earnings Growth (YoY)
21.50%
Dividend Rate
4.2%
Analyst Target Price
$262.43 (10 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$4.19B
$992M
$2.48B
$1.18B
2021
$4.98B
$1.08B
$2.89B
$1.37B
2022
$4.86B
$974M
$2.81B
$1.19B
2023
$5.23B
$1.29B
$3.00B
$1.27B
2024
$6.30B
$1.41B
$3.70B
$1.77B
2025
$7.25B
$1.66B
$4.26B
$2.06B
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Jun 2025
$1.81B
$401M
Sep 2025
$1.77B
$402M
Dec 2025
$2.12B
$529M
Mar 2026
$1.75B
$405M
Ownership & Float
Insider Ownership
14.9%
Institutional Ownership
58.7%
Short Float
1.2%
% of All Funds Holding
11.47%
Number of Funds Holding
943
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$243.84
Near-term / short-term trend
Weekly
40-Week SMA
$227.85
Medium-term trend
Weekly
80-Week SMA
$219.66
Cyclical trend (business cycle)
Weekly
200-Week SMA
$161.68
Secular trend (multi-year)
Monthly
10-Month SMA
$227.57
Near-term monthly trend
Monthly
20-Month SMA
$218.61
Medium-term monthly trend
Monthly
40-Month SMA
$173.87
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$202.00
support
1.23x
2 months ago
$177.00
support
1.16x
18 months ago
$154.00
support
1.06x
23 months ago
$137.00
support
1.32x
25 months ago
Historical Earnings Reactions (102 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
-0.15%
0.03%
50.98%
3.55%
-11.14%
1 Day
-0.48%
-0.42%
45.10%
6.10%
-12.66%
1 Week
-0.56%
-1.01%
45.10%
16.09%
-20.22%
2 Weeks
-0.28%
-0.50%
43.14%
17.36%
-21.79%
1 Month
2.11%
1.30%
57.43%
44.23%
-38.62%
Next earnings: July 18, 2026 (50 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
-2.9%
26.9%
26
Feb
4.1%
57.7%
26
Mar
1.4%
42.3%
26
Apr
-0.2%
50.0%
26
May
2.9%
64.0%
25
Jun
0.3%
52.0%
25
Jul
2.3%
52.0%
25
Aug
2.4%
64.0%
25
Sep
1.3%
52.0%
25
Oct
0.7%
60.0%
25
Nov
2.9%
68.0%
25
Dec
3.3%
56.0%
25
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
0.12%
50.8%
1200
Tuesday
0.05%
52.7%
1315
Wednesday
0.08%
51.8%
1313
Thursday
0.03%
51.7%
1288
Friday
0.12%
52.2%
1284
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 58.7%
Insider Transactions — Smart Summary
Total insider ownership: 14.9%
Founder-led management: Min Kao (Co-Founder & Executive Chairman)
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Garmin Ltd
(GRMN) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.