August 31, 2025 a 09:00 pm
GRMN: Analysts Ratings - Garmin Ltd.
Garmin Ltd., a leader in wireless device innovation, presents a complex picture for investors. The company operates in diverse markets ranging from fitness to aviation, contributing to a varied performance outlook. Recent analyst sentiments indicate a cautious stance with mixed recommendations suggesting stable yet uncertain growth prospects. With technological advancements and a robust global presence, the company remains a significant player despite market challenges. Investors should weigh these multifaceted factors when considering Garmin Ltd.'s potential.
Historical Stock Grades
| Recommendation | Count | Score |
|---|---|---|
| Strong Buy | 0 | |
| Buy | 2 | |
| Hold | 3 | |
| Sell | 1 | |
| Strong Sell | 3 |
Sentiment Development
The sentiment towards Garmin has evolved, reflecting cautious optimism amid fluctuating market conditions. A notable shift from strong buys to holds and strong sells indicates analyst prudence. Monthly trends show an overall decline in strong buy recommendations.
- The overall recommendations reflect a consolidating sentiment aligning towards hold and sell categories.
- Strong Sell ratings have steadily increased, particularly from the initial consistent buy stance.
- A discernible dip in buy ratings since the beginning of the year denotes growing market uncertainties.
Percentage Trends
An analysis of percentage changes in recommendations provides insights into market sentiment dynamics. A sustained trend towards increased hold positions suggests analysts' cautious outlook. Conversely, a decrease in strong buy percentages marks a retreat from previous bullish sentiments.
- From early 2025, the strong buy percentage has decreased from 17% to 0%.
- Hold ratings have increased, peaking at 50% in recent months.
- The sell categories, including Strong Sell, have gained traction from a near non-existent presence in 2022.
- Overall, there's a marked increase in conservatism, with mixed outlooks reflecting market volatility.
Latest Analyst Recommendations
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2025-07-31 | Underweight | Underweight | Barclays |
| 2025-07-31 | Underweight | Underweight | Morgan Stanley |
| 2025-07-17 | Neutral | Neutral | JP Morgan |
| 2025-05-01 | Underweight | Underweight | Morgan Stanley |
| 2025-05-01 | Neutral | Neutral | JP Morgan |
Analyst Recommendations with Change of Opinion
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2024-09-13 | Underweight | Equal Weight | Barclays |
| 2024-05-22 | Underperform | Neutral | B of A Securities |
| 2024-01-08 | Neutral | Overweight | JP Morgan |
| 2022-08-02 | Neutral | Buy | B of A Securities |
| 2022-08-01 | Neutral | Buy | B of A Securities |
Interpretation
The current analyst sentiment for Garmin Ltd. reveals a cautious market outlook. A growing reliance on hold and sell ratings indicate uncertainty regarding future growth. Despite a global footprint and diversified offerings, market volatility and sector-specific challenges create a mixed outlook. This suggests stabilizing yet conservative analyst opinions, possibly indicating uncertainty in consumer demand or competitive pressures. Stability in the 'Neutral' category indicates enduring cautious optimism.
Conclusion
Garmin Ltd. presents a mixed potential for investors with both opportunities and risks. The company's diversified market presence and innovative product line offer growth opportunities. However, the increase in conservative analyst ratings points to uncertainty, possibly due to global economic factors and sector complexities. Analysts reflect market caution, emphasizing the need for strategic planning by Garmin. Investors should consider these dynamics in assessing Garmin's future trajectory.