Garmin (
GRMN) has raised its 2025 projections on the back of strong EMEA sales, fearing well for shareholders. Q2 2025 witnessed a record revenue for the company, bolstered by strategic acquisitions, and robust international sales. The dividend strategy and financial performance highlight it as a viable income play in the volatile market. Garmin acquired
MYLAPS, a sports timing company, and the Q2 earnings surpassed expectations, leading to raised revenue forecasts by analysts. Despite trailing three-year earnings growth, the firm witnessed robust earnings growth, offering a strong growth and momentum stock. The firm boasts 57% institutional ownership. Amid robust Q4 2024 performance,
Garmin has outperformed the tech sector. Its recent product launch includes new distance measuring equipment (DME) solutions for aircraft, and a revolutionary Descent s1 smart buoy, enhancing safety in diving. The Q2 earnings beat expectations, and the company unveiled new integrations and collaborations, adding
Garmin Connect+ for health and fitness goals. The performance has led to raised 2025 guidance to $7.1B revenues. Product innovation and record growth spark optimism for the firm, making it a strong buy.
Garmin Ltd GRMN News Analytics from Sun, 01 Dec 2024 08:00:00 GMT to Thu, 07 Aug 2025 13:15:47 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor -3
