Garmin (GRMN) to Release Earnings on Wednesday

Garmin (NYSE:GRMN) is expected to release its Q3 2025 results before the market opens on Wednesday, October 29th. Analysts expect the company to announce earnings of $1.98 per share and revenue of $1.7771 billion for the quarter. Garmin has set its FY 2025 guidance at 8.000-8.000 EPS.Parties can find conference call details on the company’s upcoming Q3 2025 earningreport page for the latest details on the call scheduled for Wednesday, October 29, 2025 at 10:30 AM ET.

Garmin (NYSE:GRMN) last issued its earnings results on Wednesday, July 30th. The scientific and technical instruments company reported $2.17 EPS for the quarter, beating the consensus estimate of $1.90 by $0.27. Garmin had a net margin of 23.21% and a return on equity of 20.00%. The company had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.68 billion. During the same quarter in the previous year, the company posted $1.58 EPS. The business’s revenue for the quarter was up 20.4% compared to the same quarter last year. On average, analysts expect Garmin to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Garmin Stock Up 0.9%

NYSE:GRMN opened at $251.49 on Wednesday. Garmin has a 12-month low of $160.95 and a 12-month high of $261.69. The stock’s fifty day simple moving average is $241.69 and its 200-day simple moving average is $218.57. The firm has a market capitalization of $48.41 billion, a P/E ratio of 31.01, a P/E/G ratio of 2.73 and a beta of 0.98.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Garmin in a research note on Wednesday, October 8th. Morgan Stanley increased their price target on shares of Garmin from $186.00 to $193.00 and gave the company an “underweight” rating in a research report on Friday, September 19th. JPMorgan Chase & Co. lifted their price objective on shares of Garmin from $215.00 to $250.00 and gave the stock a “neutral” rating in a research note on Thursday, July 17th. Barclays reaffirmed an “underweight” rating and issued a $167.00 target price (up previously from $152.00) on shares of Garmin in a research note on Wednesday, July 30th. Finally, Tigress Financial lifted their price target on shares of Garmin from $285.00 to $305.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Garmin presently has an average rating of “Hold” and an average target price of $228.75.

Insider Activity

In related news, insider Cheng-Wei Wang sold 10,202 shares of the stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $232.48, for a total transaction of $2,371,760.96. Following the completion of the sale, the insider directly owned 36,092 shares of the company’s stock, valued at approximately $8,390,668.16. This represents a 22.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 19.54% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. MUFG Securities EMEA plc bought a new stake in shares of Garmin during the second quarter worth $95,000. Nebula Research & Development LLC acquired a new position in Garmin in the 2nd quarter worth $324,000. Sivia Capital Partners LLC increased its holdings in Garmin by 17.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,662 shares of the scientific and technical instruments company’s stock worth $347,000 after purchasing an additional 242 shares in the last quarter. Brighton Jones LLC increased its holdings in Garmin by 31.3% during the 4th quarter. Brighton Jones LLC now owns 1,943 shares of the scientific and technical instruments company’s stock worth $401,000 after purchasing an additional 463 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its stake in shares of Garmin by 3.5% in the 2nd quarter. Main Street Financial Solutions LLC now owns 1,987 shares of the scientific and technical instruments company’s stock valued at $415,000 after purchasing an additional 67 shares during the period. Institutional investors and hedge funds own 81.60% of the company’s stock.

About Garmin

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, an application development platform.