Garmin Ltd. ($GRMN) Stock Forecast: Up 8.0% Today

What is Garmin Ltd.?

A multinational technology company known for GPS technology, Garmin (GRMN) covers automotive, aviation, marine, outdoor, and sports activities. The stock experienced a significant bullish movement in the market today.

Why is Garmin Ltd. going up?

GRMN stock is up 8.0% on Apr 10, 2025 15:26

• Garmin's shares showed an 11.0% surge in the previous session, supported by above-average trading volume, indicating a strong investor interest and buying activity.
• Continued product innovation from Garmin has been viewed positively by investors, setting the stage for sustained growth and the potential for further increase in the stock price.
• Despite a general market downturn, Garmin managed to achieve a 1.34% gain, demonstrating notable strength and resilience against broader market dynamics.
• When comparing the value between Garmin (GRMN) and Daikin Industries (DKILY), Garmin appears to be more appealing to investors, potentially contributing to an upward trend in its stock price.

GRMN Price Chart

GRMN Technical Analysis

GRMN News

Garmin ( GRMN ) Surges 11.0%: Is This an Indication of Further Gains?

Garmin (GRMN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

https://www.zacks.com/stock/news/2443061/garmin-grmn-surges-110-is-this-an-indication-of-further-gains

DKILY vs. GRMN: Which Stock Is the Better Value Option?

Investors looking for stocks in the Electronics - Miscellaneous Products sector might want to consider either Daikin Industries ( DKILY Quick QuoteDKILY - ) or Garmin ( GRMN Quick QuoteGRMN - ) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look ...

https://www.zacks.com/stock/news/2442033/dkily-vs-grmn-which-stock-is-the-better-value-option

Garmin ( GRMN ) Gains As Market Dips: What You Should Know

The latest trading day saw Garmin (GRMN) settling at $180.86, representing a +1.34% change from its previous close.

https://www.zacks.com/stock/news/2441550/garmin-grmn-gains-as-market-dips-what-you-should-know

Is Garmin's Ongoing Product Innovation a Sign to Buy the Stock?

GRMN is well-positioned for sustained growth due to its continuous product innovation, which investors can see as a compelling entry point in 2025.

https://www.zacks.com/stock/news/2440643/is-garmins-ongoing-product-innovation-a-sign-to-buy-the-stock

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Garmin Ltd. Price History

10.03.2025 - GRMN Stock was up 8.0%

• Garmin's shares showed an 11.0% surge in the previous session, supported by above-average trading volume, indicating a strong investor interest and buying activity.
• Continued product innovation from Garmin has been viewed positively by investors, setting the stage for sustained growth and the potential for further increase in the stock price.
• Despite a general market downturn, Garmin managed to achieve a 1.34% gain, demonstrating notable strength and resilience against broader market dynamics.
• When comparing the value between Garmin (GRMN) and Daikin Industries (DKILY), Garmin appears to be more appealing to investors, potentially contributing to an upward trend in its stock price.

30.09.2024 - GRMN Stock was up 23.2%

• Garmin (GRMN) surpassed Q3 earnings and revenue expectations by a significant margin, demonstrating robust financial performance.
• The favorable earnings and revenue results likely instilled confidence in investors regarding the company's growth potential, fueling the stock's upward trend.
• The strong Q3 performance can be credited to heightened demand for Garmin's products and services, highlighting the company's adeptness in seizing market opportunities.
• Investors responded positively to Garmin's impressive financial outcomes, resulting in heightened buying activity and driving the stock price upwards.

04.02.2025 - GRMN Stock was down 5.1%

• Despite being listed as a top-ranked stock to buy on the recent pullback, Garmin (GRMN) experienced a strong bearish movement today.
• Reference to long-term gains from investing in Garmin a decade ago contrasts with today's bearish market movement, indicating a short-term downturn.
• The deviation between the bullish catalysts mentioned and the actual market performance today suggests that external factors or market conditions may have influenced the stock's decline.
• Investors who bought Garmin shares a decade ago may have seen significant returns, but current market dynamics seem to have impacted the stock negatively in the short term.

08.03.2025 - GRMN Stock was down 5.2%

• Despite Garmin's ongoing product innovation and positive growth outlook, the stock faced a bearish movement today.
• The market dip might have influenced GRMN's downward trend, even as the company continues to be well-positioned for future growth.
• Investors comparing DKILY and GRMN for value might have been swayed by other factors leading to the bearish movement in Garmin's stock price.
• It seems that external market conditions played a significant role in overshadowing Garmin's positive developments, causing the bearish movement today.

30.09.2024 - GRMN Stock was up 17.2%

• The increase in Garmin's stock price today could be linked to favorable market sentiment related to its upcoming Q3 earnings.
• Positive expectations regarding performance in key metrics beyond standard financial projections may have influenced investor confidence.
• Emphasis on innovation and product advancement within the technology industry may also be boosting optimism for Garmin.
• In general, there appears to be a positive market outlook on Garmin's growth potential and financial results in the near term, driving the upward movement in the stock price.

04.03.2025 - GRMN Stock was down 5.0%

• Emphasizing Garmin's continuous product innovation as a reason for stock purchase might not have influenced today's market movement significantly.
• Various factors like general market sentiment, economic indicators, or specific company updates could have contributed to the stock's decline.
• Investors could be reacting to wider market patterns or particular internal company progress not covered in the analysis.
• It is crucial to examine the overall market situation and company-specific elements while making investment choices, looking beyond just product advancement.

20.01.2025 - GRMN Stock was down 5.1%

• Despite posting better-than-expected fourth-quarter financial results and a positive FY25 outlook, GRMN's stock saw a strong bearish movement.
• The market reaction could be attributed to profit-taking by investors who may have been expecting even higher results, leading to a temporary downturn in the stock price.
• The positive news of a 20% dividend hike and surpassing Q4 earnings and revenue estimates may not have been enough to sustain the bullish momentum in the face of broader market trends.
• Investors comparing GRMN to other stocks for value may have influenced the bearish movement, as market dynamics and competition play a role in stock performance.

20.01.2025 - GRMN Stock was down 6.6%

• Today, Garmin (GRMN) faced a significant downturn despite surpassing expectations in Q4 earnings and revenue. Here are some potential reasons behind the market activity:
• Concerns about the sustainability of Garmin's growth may have led to the negative response to its strong earnings.
• Investors who anticipated a notable stock price surge following the positive earnings may have opted to take profits, contributing to the bearish movement.
• The general market mood, marked by a decline of over 200 points in the Dow Jones, could have influenced the downward trajectory of Garmin's stock price.
• Technical selling or profit-taking by short-term traders, potentially triggered by crossing above the 20-day moving average, could have exacerbated the bearish movement despite the favorable financial results.

19.01.2025 - GRMN Stock was up 9.6%

• GRMN's stock had a strong bullish movement today, possibly driven by anticipation and positive expectations surrounding its upcoming Q4 earnings report.
• Focus is on GRMN's Q4 earnings and the potential growth in its various end markets, such as fitness, marine, aviation, auto OEM, and outdoor sectors.
• Investors may be optimistic about GRMN's performance, leading to increased buying activity and driving the stock price higher.
• The comparison with BELFB suggests that GRMN may be perceived as a more attractive investment option currently, adding to the positive momentum in the stock.

19.01.2025 - GRMN Stock was up 11.8%

• Garmin's stock saw a significant increase following the announcement of better-than-expected fourth-quarter financial results and a positive FY25 outlook, resulting in a 20% increase in dividends.
• The company's Q4 earnings and revenue surpassed expectations, indicating strong performance and potential growth opportunities.
• Analysts are evaluating Garmin's stock in comparison to other options for value investors, displaying confidence in the company's future prospects.
• The optimism leading up to Garmin's Q4 earnings and positive forecasts likely fueled the uptick in the stock price, with a particular focus on key performance indicators in the fitness, marine, aviation, auto OEM, and outdoor markets.

19.01.2025 - GRMN Stock was up 15.1%

• Garmin (GRMN) exceeded both earnings and revenue estimates for the fourth quarter of 2024, showcasing strong financial performance.
• The market reacted positively to the news of Garmin's robust earnings, driving the stock price higher.
• Analysts and investors are optimistic about Garmin's future performance, especially with growth expected in its fitness, marine, aviation, auto OEM, and outdoor end markets.
• The comparison with other stocks like BELFB also indicates confidence in Garmin's value proposition, further boosting investor sentiment and contributing to the bullish movement.

03.03.2025 - GRMN Stock was down 14.6%

• Garmin's recent strong stock performance has surpassed the S&P 500's performance in the last year, hinting at a promising future for the company.
• The sudden market dip could be linked to investors capitalizing on significant gains made on the stock.
• Shifts in market sentiment linked to general market conditions or sector-specific news may have caused the drop in Garmin's stock price.
• Investors are likely keeping a close eye on upcoming announcements and financial reports from Garmin to evaluate the company's growth prospects and potential effects on its stock performance.