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GRMN

GARMIN LTD

Consumer Discretionary · Consumer Electronics

$235.14

+1.45%

Vol: 0.0M

Araverus Market Read

Thursday, March 19, 2026

Positive

Morgan Stanley upgrade to Equal Weight with $252 price target powers bull flag momentum after earnings beat

Garmin (GRMN) showed strong pre-market and after-hours activity as the GPS/wearables maker beat Q4 earnings and issued 2026 guidance topping analyst expectations, creating an overnight gap and establishing a bull flag pattern. Morgan Stanley upgraded the stock from Underweight to Equal Weight with a price target raised from $195 to $252, noting that its prior negative thesis has played out and 2026 guidance appears strong and conservative. The stock's 2026 earnings and revenue forecasts exceeded consensus expectations.

Price 50d 200d

Previous Market Reads

2 of 2 days

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
AMZNAMAZON.COM$208.88-0.47%+3.8%22.4x1.42$2.24T
TSLATESLA$380.24-3.19%-7.4%135.3x1.93$1.43T
HDHOME$328.27-0.74%-13.7%20.1x1.04$326.7B
MCDMCDONALD$309.48-1.95%-5.0%21.6x0.50$220.9B
TJXTJX$154.67+1.24%-1.5%27.3x0.74$172.1B
BKNGBOOKING$4,291.70-2.13%+4.0%13.7x1.23$138.4B
LOWLOWE$229.34-0.76%-18.3%16.8x0.94$128.9B
SBUXSTARBUCKS$95.83+3.41%+0.5%32.5x0.93$109.2B
MARMARRIOTT$324.90+0.74%-9.6%25.1x1.10$86.1B

Fundamentals

Market Cap$45.3B
P/E (TTM)27.4
Forward P/E23.1
Beta0.95
Div Yield181.00%
Prev Close$231.77

RSI (14-Day)

28Oversold
0305070100

52-Week Range

$169.26$235.14$261.69
From High-10.1%
From Low+38.9%

Moving Averages

50d SMA
$222.41+5.7%
200d SMA
$219.96+6.9%

Price above both MAs — bullish structure.

Returns

1W
+0.1%
1M
-0.6%
3M
+14.0%
6M
+1.2%
1Y
+15.7%
YTD
+16.6%

Volume

Today23K
20d Avg893K
Ratio0.03x