Garmin (GRMN) stock outperformed S&P 500 with positive analyst revisions and upcoming earnings release.

From Nasdaq: 2025-01-03 18:15:22

Garmin (GRMN) saw a 1.27% increase, closing at $207.15, outpacing the S&P 500. Shares lost 5.56% in the past month. Earnings release is imminent, with projected EPS of $1.89 and revenue estimate of $1.67 billion. Analysts’ positive revisions suggest confidence in Garmin’s performance, reflected in its Zacks Rank #1 (Strong Buy).

Director of Research Sheraz Mian highlights a potential double-up stock pick, targeting millennial and Gen Z audiences, with revenue nearing $1 billion last quarter. A recent pullback makes it an opportune time to invest. Previous Zacks’ Stocks Set to Double like Nano-X Imaging gained +129.6% in 9 months.

The Electronics – Miscellaneous Products industry, including Garmin, has a Zacks Industry Rank of 161, in the bottom 36% of all industries. The PEG ratio for GRMN is 1.24, slightly below the industry average of 1.57. Follow Garmin’s performance and stock price trends on Zacks.com for insights and updates.



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