GRMN · NYSE · STOCK
Garmin (GRMN) Stock Analysis
$268.41
52W $186.67 – $314.28
63/100
$51.75B
27.5
0.83
Is GRMN Bullish or Bearish?
Bullish.
Innellis AI committee rates Garmin (GRMN) Buy with a composite score of 63/100
, based on 6 analysts with 67% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +11.68 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -8.32 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Risk Analyst sees a compelling case — low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock. Portfolio Manager remains cautious — sector concentration is already high (hhi 2796.97). This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- ROE of 21.0% shows genuine earnings power backing the valuation — Value
- 3 consecutive earnings beats -- consistent execution — Growth
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock — Risk
- News sentiment is positive (+0.27 across 17 articles, 14d) — News
Bear Case
- P/E of 27.6 is moderate-to-rich — Value
- Price-to-book of 4.4x prices in significant intangible value — Value
- RSI at 26 is in oversold territory (could mean either capitulation or a bounce setup) — Technical
- MACD histogram negative -- bearish momentum — Technical
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
63/100
Agreement
67%
Analysts
6
Conviction
Contested
Sector Rank
Top 14%
of 287 Technology peers
Value Analyst
neutral
54
/ 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 21.0% shows genuine earnings power backing the valuation
− P/E of 27.6 is moderate-to-rich
Growth Analyst
bullish
77
/ 100 · High confidence
Strong, accelerating growth with consistent execution
+ 3 consecutive earnings beats -- consistent execution
Technical Analyst
bearish
38
/ 100 · High confidence
Price action is deteriorating -- trend and/or momentum are working against this name
− RSI at 26 is in oversold territory (could mean either capitulation or a bounce setup)
Risk Analyst
bullish
80
/ 100 · Low confidence
Risk profile is manageable -- leverage, volatility, and event exposure all look contained
+ Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
bullish
66
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.27 across 17 articles, 14d)
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score moved marginally from 63.3 to 63.3.
- New bearish signals: 1 appeared.
- Bearish pressure eased: 1 signal(s) disappeared.
Analyst-level changes:
- Value Analyst: +1 bearish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
25.9
Oversold
MACD Histogram
-2.017
Bearish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Mixed
Support
$268.30
Resistance
$273.32
Bollinger %B
0.07
Inside Bands
Price vs Moving Averages
EMA 9
$277.47
Below
EMA 21
$280.83
Below
EMA 50
$279.08
Below
EMA 200
$254.75
Above
Fundamental Analysis
Valuation
55
Growth
84
Profitability
98
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio
27.5×
P/B Ratio
5.73×
PEG Ratio
1.41
Dividend Yield
1.45%
52W High
$314.28
52W Low
$186.67
Quality & Growth
ROE
1854.4%
ROA
1513.5%
Gross Margin
6008.1%
Operating Margin
2761.1%
Revenue Growth YoY
—
Debt / Equity
0.02
AI Fundamental Assessment
P/E ratio of 27.5 (moderate relative to a 15-40x range); Price-to-book of 5.7x; PEG ratio of 1.4 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 18.5%; Return on assets of 15.1%; Net margin of 24.5%; Gross margin of 60.1%; Current ratio of 3.03 (healthy short-term liquidity); Debt-to-equity of 0.02; Free cash flow per share is positive (7.96); Most recent quarter beat estimates by 22.7%; 3 consecutive earnings beats; EPS growth accelerating (-25.4% -> +35.1% QoQ); Average YoY EPS growth of 29.5%; Analyst estimates falling over recent quarters
Get the Full GRMN Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →