GRMN

GarminD

NYSE / Consumer Durables & Apparel

At close

2026-07-20

Current thesis

The post-earnings bull case is that Q1 showed real operating leverage rather than only a revenue beat: fitness surged 42%, consolidated gross margin expanded to 59.4%, operating margin reached 24.6%, and aviation/marine also contributed, which supports the positive deterministic prior for the next 20-120 trading days.

Posture

Defensive

Lead driver

Value

What changed

Value remains the lead driver in the composite, 7D delta -0.0.

What can break

Auto OEM remained loss-making in Q1, so that segment is still a drag even though the loss narrowed. [#8-K-2026-04-29]

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $258.00 · Bull $275.00 · Bear $225.00

Data freshness

Prices

As of 2026-07-20

Fundamentals

As of 2026-07-17 • Vendor: Data Vendor v1

Scores

As of 2026-07-20 • Model: HYBRID_IC_RP

AI Memo

As of 2026-04-29 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-07-20

Supporting evidence

What

Grade D · Defensive

Confidence Medium · Net Neutral

Target $279.40

Why

Momentum40 · Δ7d +5.8

Value45 · Δ7d -0.0

Sentiment48 · Δ7d -6.4

So what

Weak posture (Net Neutral). Prioritize risk control and patience.

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendImproving

Δ7d

+5.8

Δ21d

+5.4

Value

39% active weight

Current posture

7d trendFlat

Δ7d

-0.0

Δ21d

-0.4

Sentiment

34% active weight

Current posture

7d trendSoftening

Δ7d

-6.4

Δ21d

-9.0

Why this grade

Composite grade D. Momentum 40.1 / Value 45.2 / Sentiment 48.2

Fundamentals (TTM)

As of 2026-07-17

Market Cap

$48.13B

Beta

1.01

Shares Out

192.86M

P/E (TTM)

25.1

P/S (TTM)

5.64

P/FCF (TTM)

56.18

Rev YoY

+14.2%

EPS YoY

+21.8%

Gross Margin

+59.1%

Op Margin

+25.6%

Net Debt

-$2.54B

Current Ratio

4.35

As of 2026-07-20 • Updated nightlySource: Internal modelMethodology