Garmin Stock Skyrockets 45.3%, Investors Eye Further Gains

Garmin shares have surged 45.3% over the past year. Investors are now evaluating whether to buy in anticipation of further stock price momentum, as Garmin showcases strong growth drivers across various segments.

Date: 14-03-2025

AI Rating: 7

Earnings Per Share (EPS): The Zacks Consensus Estimate for Garmin's 2025 earnings is pegged at $8.25 per share, which represents a year-over-year increase of 11.6%. This upward revision in estimates signals growing investor confidence.

Revenue Growth: Garmin has initiated 2025 revenue guidance of approximately $6.80 billion, with a Zacks Consensus Estimate of $6.87 billion indicating a 9% growth year-over-year. The anticipated CAGR of 8.4% for the Fitness segment from 2025 to 2027 also highlights long-term growth potential.

Net Income and Profit Margins: The report does not provide specific information on net income or profit margins, limiting the analysis of these areas.

Free Cash Flow (FCF): There is no mention of free cash flow in the report.

Return on Equity (ROE): The report does not present data on return on equity.

With Garmin's recent achievements and upward revisions in revenue and earnings estimates, the stock appears to be in a robust position. The impressive growth in its Fitness, Outdoor, and Marine segments underscores a sustained demand for Garmin's diverse product offerings. The recovery in the Auto OEM sector presents additional opportunities for revenue generation.

Stocks: GRMN