Garmin Ltd
I · AI Analysis
The brief
Garmin makes GPS-enabled devices and smartwatches for runners, cyclists, golfers, and outdoor enthusiasts, along with advanced cockpit systems for aircraft, marine navigation equipment for boats, and automotive infotainment systems [Yahoo Finance]. The company also operates Garmin Connect, a web and mobile platform where users track fitness and wellness data, and Connect IQ, which allows third-party developers to create apps for Garmin devices [Yahoo Finance].
Garmin Ltd. is a Swiss-based technology company that designs and manufactures GPS-enabled devices across five major segments: fitness wearables, outdoor handhelds, aviation systems, marine electronics, and automotive navigation [Yahoo Finance]. The company reported strong Q1 2026 results with revenue of $1.75B (beating consensus) and reaffirmed full-year guidance, though Morgan Stanley recently lowered its price target to $249 while maintaining an Equal Weight rating [Yahoo Finance]. Recent news coverage skews positive, with multiple articles highlighting the company's diversified business model and product launches like the new Forerunner running watches [EODHD].
Garmin is in exceptionally strong financial health with no net debt, robust cash generation, and a health score of 9.5/10 [Sentinellis calculation].
Sentinellis health
9.5/10
Financially healthy
Market capitalisation
$44.1B
Revenue (TTM)
$7.2B
Explainers
How we read these numbers
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ReadII · Recent news
What moved
4 stories · ranked by relevance
- Macro2026-05-08
Is It Too Late To Consider Garmin (GRMN) After Its Strong Three Year Share Price Run?
Simply Wall St
- Macro2026-05-12
Run further with Forerunner 70 and Forerunner 170 from Garmin
Yahoo Finance
- Macro2026-05-07
Morgan Stanley Lowers its Price Target on Garmin (GRMN) to $249
Yahoo Finance
- Macro2026-05-07
Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
Zacks
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Multiple top institutional holders trimmed their positions in the most recent quarter: BlackRock reduced by 2.2%, State Street by 3.3%, and Artisan Partners by 3.2%, though these changes remain below the 20% threshold for material concern [EODHD]
Risks
4
Opportunities
5
Red flags
2
Leadership
10
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