Not a good buy right now: the technical backdrop is still bearish (SMA_200 > SMA_20 > SMA_5) and near-term pattern stats skew to a mild pullback over the next week.
Bullish longer-term fundamentals/Street view exist, but the current setup looks more like a “wait for confirmation” than an impatient entry.
If forced to act immediately, the cleaner buy trigger is a convincing push and hold above ~208–210 (resistance zone); otherwise risk/reward is not attractive at ~205.
Technical Analysis
Trend: Bearish moving-average stack (SMA_200 > SMA_20 > SMA_5) suggests the broader trend is still down/weak despite today’s regular-session bounce (+2.21%).
Momentum: MACD histogram is negative (-0.484) but “negatively contracting,” implying downside momentum is easing—not yet a bullish reversal.
RSI(6) ~50.75: neutral, confirming a lack of strong directional edge.
Key levels: Pivot ~203.924 (current area is only slightly above it). Support S1 ~199.946 (then ~197.488). Resistance R1 ~207.903 (then ~210.361).
Pattern-based outlook: Similar-pattern stats imply ~50% chance of about -1.39% next day and about -3.53% next week; month view roughly flat (+0.31%).
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Positioning/sentiment: Put-call ratios at 0.26 (OI and volume) indicate bullish call skew (calls dominating puts).
Open interest: Call OI 3,575 vs Put OI 914 (call-heavy).
Volatility: 30D IV ~48.55 vs historical vol ~25.04; IV percentile ~87.25 (options priced rich, implying elevated event/uncertainty pricing into upcoming catalysts like earnings).
Activity: Reported volume vs 30D average is very elevated (today_vs_volume_avg_30_day ~35.77), signaling unusually active options interest today.
Technical Summary
Sell
9
Buy
0
Positive Catalysts
adds freshness to cycling portfolio and supports the wearables/outdoor ecosystem narrative.
Net income: 401.615M, +0.63% YoY (profit growth lagging revenue).
EPS: 2.08, +0.48% YoY (nearly flat vs revenue growth).
Gross margin: 59.09%, down 1.52% YoY (margin compression is the key softness in the quarter).
Takeaway: Growth is good on sales, but profitability/margins are not expanding in tandem—important to watch in the upcoming QDEC 2025 report.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
2026-01-16: Barclays upgraded to Equal Weight (from Underweight), PT $217 (from $208); cited undemanding valuation, diversification, and wearables secular strength.
2025-12-19: Tigress Financial reiterated Strong Buy, raised PT to $310 (from $305); sees outsized expansion from wearables/outdoor with aviation/marine stability.
2025-12-03: Longbow upgraded to Buy, PT $250; viewed prior selloff as overreaction and called it a good entry point then.
Wall Street pros vs cons: Pros—diversified segments and strong wearables/outdoor demand, improving Street sentiment/targets above current price. Cons—near-term growth/mix concerns (auto gap) and currently weak technical trend keeps timing less favorable right now.
Influential buyers/sellers: No recent congress trading data available; insiders are neutral.
Wall Street analysts forecast GRMN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GRMN is 229.6 USD with a low forecast of 185 USD and a high forecast of 310 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast GRMN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GRMN is 229.6 USD with a low forecast of 185 USD and a high forecast of 310 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
2 Hold
3 Sell
Hold
Current: 198.690
Low
185
Averages
229.6
High
310
Current: 198.690
Low
185
Averages
229.6
High
310
Barclays
Underweight -> Equal Weight
upgrade
$208 -> $217
AI Analysis
2026-01-16
Reason
Barclays
Price Target
$208 -> $217
AI Analysis
2026-01-16
upgrade
Underweight -> Equal Weight
Reason
Barclays upgraded Garmin to Equal Weight from Underweight with a price target of $217, up from $208. The firm is more positive on Garmin citing the stock's "undemanding" valuation, the company's business diversification, and continued strength in the wearables business "that continues to benefit from positive secular trends around wellness."
Tigress Financial
Strong Buy
maintain
$305 -> $310
2025-12-19
Reason
Tigress Financial
Price Target
$305 -> $310
2025-12-19
maintain
Strong Buy
Reason
Tigress Financial raised the firm's price target on Garmin to $310 from $305 and keeps a Strong Buy rating on the shares on the view of wearables and outdoor devices driving outsized expansion, while aviation and marine add high-margin stability. The firm notes that its 12-month price target represents a potential total return of over 55% from current levels, including dividends.
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