Garmin Ltd.
Garmin Ltd (GRMN) designs and sells navigation, wearable and specialised electronics across fitness, automotive, marine and aviation markets. With a market capitalisation of about $48.38bn, Garmin combines hardware sales with growing software and services tied to its installed base. Investors often point to its diversified end-markets, strong margins and steady cash generation, though revenue can be cyclical and dependent on consumer demand and avionics cycles. Key considerations include product innovation, competition from smartphones and other wearable brands, supplyโchain dynamics and currency exposure. This summary is educational only and not personal financial advice โ suitability depends on individual circumstances, and past performance is not a guarantee of future returns.
Why It's Moving
Garmin eyes breakout momentum on military deal and ex-dividend boost amid post-Q3 recovery.
Garmin's stock is gaining bullish traction after securing a key military avionics contract with the Brazilian Air Force, signaling potential for more defense wins while its wearable innovations draw consumer interest. Trading ex-dividend today at $0.90 per share, shares reflect optimism from recent analyst upgrades and robust Q3 results featuring 12% revenue growth.
- Secured contract to upgrade Brazilian UH-60L Black Hawk helicopters with G5000H flight decks, opening doors to additional military partnerships.
- Launched inReach Mini 3 Plus satellite communicator and fฤnix 8 Pro MicroLED smartwatch, expanding appeal in fitness and adventure wearables.
- Longbow Research upgraded to 'buy' on December 3 with $250 target, highlighting strong operational metrics in a recovering tech sector.
Garmin eyes breakout momentum on military deal and ex-dividend boost amid post-Q3 recovery.
Garmin's stock is gaining bullish traction after securing a key military avionics contract with the Brazilian Air Force, signaling potential for more defense wins while its wearable innovations draw consumer interest. Trading ex-dividend today at $0.90 per share, shares reflect optimism from recent analyst upgrades and robust Q3 results featuring 12% revenue growth.
- Secured contract to upgrade Brazilian UH-60L Black Hawk helicopters with G5000H flight decks, opening doors to additional military partnerships.
- Launched inReach Mini 3 Plus satellite communicator and fฤnix 8 Pro MicroLED smartwatch, expanding appeal in fitness and adventure wearables.
- Longbow Research upgraded to 'buy' on December 3 with $250 target, highlighting strong operational metrics in a recovering tech sector.
Stock Performance Snapshot
Analyst Rating
Analysts suggest holding Garmin's stock with a target price of $223.25, indicating moderate potential growth.
Financial Health
Garmin is performing well with strong profits, cash flow, and revenue, indicating healthy operations.
Dividend
Garmin's average dividend yield of 1.69% provides a moderate return for dividend-seeking investors. If you invested $1000 you would be paid $16.90 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Baskets Featuring GRMN
Urban Air Mobility Takes Off
Electric air taxis are moving from science fiction to reality. This collection features companies pioneering the future of urban transportation, carefully selected by our investment analysts to give you exposure to this exciting emerging industry.
Published: July 1, 2025
Explore BasketBio-Hacking Portfolio
Discover companies at the cutting edge of human optimization, where biology meets technology. These carefully selected stocks represent innovators developing data-driven solutions for personalized health, enhanced performance, and extended longevity.
Published: June 17, 2025
Explore BasketRest & Recovery
This carefully curated collection features companies at the forefront of sleep science and recovery technology. These stocks represent a growing market where innovation meets wellness, selected by professional analysts tracking the expanding health optimization trend.
Published: June 17, 2025
Explore BasketWhy Youโll Want to Watch This Stock
Diversified revenue streams
Garmin serves fitness, automotive, marine and aviation markets, plus software and services that can bolster recurring revenue โ though sales can be cyclical.
Global endโmarket exposure
A global footprint helps growth but also brings currency and macro sensitivity; different segments react differently to economic changes.
Innovation and competition
Strong R&D and product depth are strengths, yet Garmin faces intense competition from smartphones and fastโmoving wearable rivals; execution matters.
Compare Garmin with other stocks
Monolithic Power Systems vs Garmin
Monolithic Power Systems vs Garmin
Roper Technologies vs Garmin
Roper Technologies vs Garmin: a stock comparison
Ubiquiti vs Garmin
Ubiquiti vs Garmin: A stock comparison
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
Arista Networks, Inc.
Arista Networks is a computer networking company that designs and markets multilayer network switches and high-density, low-latency Ethernet switches.
Ciena Corporation
Ciena is a global networking systems, services and software company
Allegion plc
Allegion plc is a global security products and solutions provider. The Company secures people and assets with a range of solutions for homes, businesses, schools and institutions. Its Allegion Americas segment is a provider of security products, services and solutions throughout North America. It sells a range of products and solutions, including locks, locksets, key systems, door controls and systems, exit devices, doors, accessories, electronic security products, access control systems and software and service solutions to customers in commercial, institutional, and residential facilities. Its Allegion International segment provides security products, services and solutions primarily throughout Europe, Asia and Oceania. The segment offers end-users a range of products, services and solutions, including locks, locksets, portable locks, key systems, door closers and systems, and others. Its brands include CISA, Interflex, LCN, Schlage, SimonsVoss, Von Duprin, Trimco and others.
