Garmin (GRMN) Expected to Post Quarterly Earnings on Wednesday

Garmin (NYSE:GRMN) is projected to issue its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect Garmin to post earnings of $2.29 per share and revenue of $1.9259 billion for the quarter. Garmin has set its FY 2026 guidance at 9.350-9.350 EPS. Parties may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 10:30 AM ET.

Garmin (NYSE:GRMN) last released its quarterly earnings data on Wednesday, April 29th. The scientific and technical instruments company reported $2.08 EPS for the quarter, beating the consensus estimate of $1.84 by $0.24. Garmin had a return on equity of 20.07% and a net margin of 23.26%.The firm had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.72 billion. During the same quarter in the previous year, the company posted $1.61 earnings per share. The company’s quarterly revenue was up 14.0% on a year-over-year basis. On average, analysts expect Garmin to post $10 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Garmin Stock Down 0.1%

Shares of NYSE:GRMN opened at $242.82 on Monday. Garmin has a twelve month low of $186.67 and a twelve month high of $273.32. The stock’s 50 day moving average is $238.82 and its 200-day moving average is $234.98. The firm has a market capitalization of $46.83 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 2.87 and a beta of 0.90.

Wall Street Analyst Weigh In

GRMN has been the subject of a number of recent research reports. Tigress Financial boosted their price target on shares of Garmin from $320.00 to $325.00 and gave the company a “strong-buy” rating in a research note on Wednesday, May 20th. Barclays dropped their price objective on shares of Garmin from $240.00 to $238.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 30th. Zacks Research downgraded shares of Garmin from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. JPMorgan Chase & Co. upped their target price on shares of Garmin from $265.00 to $285.00 and gave the stock a “neutral” rating in a report on Thursday, April 16th. Finally, Wall Street Zen lowered shares of Garmin from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $269.40.

Insider Buying and Selling at Garmin

In other news, CFO Douglas G. Boessen sold 2,000 shares of the company’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $237.91, for a total value of $475,820.00. Following the completion of the sale, the chief financial officer owned 26,049 shares in the company, valued at $6,197,317.59. This represents a 7.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Joseph J. Hartnett sold 643 shares of the stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $263.57, for a total transaction of $169,475.51. Following the completion of the sale, the director owned 21,277 shares of the company’s stock, valued at approximately $5,607,978.89. This represents a 2.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 14.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LLC lifted its position in shares of Garmin by 59.0% during the 4th quarter. Corient Private Wealth LLC now owns 32,562 shares of the scientific and technical instruments company’s stock worth $6,605,000 after buying an additional 12,084 shares in the last quarter. Alpine Woods Capital Investors LLC grew its holdings in shares of Garmin by 9.6% in the fourth quarter. Alpine Woods Capital Investors LLC now owns 10,209 shares of the scientific and technical instruments company’s stock valued at $2,071,000 after acquiring an additional 895 shares in the last quarter. Summit Global Investments bought a new position in shares of Garmin in the fourth quarter valued at approximately $210,000. Vident Advisory LLC increased its position in shares of Garmin by 11.8% during the fourth quarter. Vident Advisory LLC now owns 13,600 shares of the scientific and technical instruments company’s stock valued at $2,759,000 after acquiring an additional 1,438 shares during the last quarter. Finally, FAS Wealth Partners Inc. increased its position in shares of Garmin by 5.4% during the fourth quarter. FAS Wealth Partners Inc. now owns 18,366 shares of the scientific and technical instruments company’s stock valued at $3,725,000 after acquiring an additional 938 shares during the last quarter. 81.60% of the stock is currently owned by hedge funds and other institutional investors.

Garmin Company Profile

Garmin Ltd. is a technology company best known for designing and manufacturing navigation, communication and information devices that leverage global positioning system (GPS) technology. The company serves a diverse set of markets including consumer fitness and wearables, automotive navigation, aviation avionics, marine electronics and outdoor handheld devices. Garmin’s products combine hardware, mapping and software services to deliver location-aware solutions for personal, recreational and professional uses.

Garmin’s product lineup includes wearable fitness and multisport watches (Forerunner, Fenix, Venu), cycling computers and accessories (Edge, Varia), handheld and handheld-mounted GPS devices for outdoor activities, automotive and portable navigation units, marine chartplotters and fishfinders, and certified avionics for fixed- and rotary-wing aircraft.