Garmin (NYSE:GRMN) Launches Revolutionary Hands-Free Kayak Fishing Trolling Motor
Buy, Hold or Sell Garmin? View our complete analysis and fair value estimate and you decide.
We've found 16 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.
The recent 24% share price movement for Garmin coincided with several product launches, such as the Force® Current trolling motor and the quatix® 8 smartwatch. These innovations have potential to boost revenue through increased demand in new and existing markets. As Garmin continues to expand services like Connect+, the revenue from subscription services may complement product sales, enhancing overall earnings. Garmin's focus on expanding its international presence with new aviation products could mitigate some trade risks, aligning with growth in EMEA and APAC regions. The longer-term five-year total return for investors was substantial at 148.46%, reflecting consistent growth and dividend contributions.
Over the past year, Garmin's shares outperformed the US Consumer Durables industry, which grew by just 4.2%. This relative strength, along with strong sales growth, likely contributed to investor confidence and supported the share price increase. The earnings forecast, predicting a rise to US$1.9 billion by 2028, reinforces the potential for growth, although challenges in trading and expenses could pose risks to margins. With the current share price at US$187.14, close to the consensus price target of US$198.44, the market participants appear to think the company may be fairly valued, suggesting a 5.7% potential upside. However, the valuation should be personally evaluated against individual expectations.
Examine Garmin's earnings growth report to understand how analysts expect it to perform.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include NYSE:GRMN.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@simplywallst.com
Fehler beim Abrufen der Daten
Melden Sie sich an, um Ihr Portfolio aufzurufen.
Fehler beim Abrufen der Daten
Fehler beim Abrufen der Daten
Fehler beim Abrufen der Daten
Fehler beim Abrufen der Daten
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Associated Press
42 minutes ago
- Associated Press
SSSTC Launches World's First Industrial M.2 SSD Featuring KIOXIA's 8th generation BiCS FLASH™ Technology and PCIe® 5.0 Interface
TAIPEI, TAIWAN - Media OutReach Newswire - 19 August 2025 - Solid State Storage Technology Corporation (SSSTC) proudly announces the launch of the SSSTC CA8 Series, the world's first industrial M.2 SSD built with BiCS FLASH™ generation 8 3D flash memory technology and a PCIe® Gen5 x4 interface. Offered in the industry-standard M.2 2280 form factor, the SSSTC CA8 Series is available in 512 GB, 1 TB, 2 TB, and 4 TB capacities. The SSSTC CA8 Series is the world's first industrial M.2 SSD to combine KIOXIA's 8th-generation BiCS FLASH™ 3D NAND technology with PCIe Gen5 x4 interface, image credit SSSTC. The SSSTC CA8 Series complies with PCIe® 5.0 and NVMe™ 2.0, supporting ultra-high-speed data access with transfer rates up to 32 GT/s per-lane—doubling the throughput of PCIe® 4.0 interface. With SLC caching, the SSSTC CA8 Series achieves sequential read speeds of up to 14,000 MB/s and write speeds up to 12,000 MB/s, along with random performance of up to 2,000K IOPS (read) and 1,600K IOPS (write) — making it one of the fastest industrial SSDs on the market. At its core is KIOXIA's 8th generation BiCS FLASH™ 218-layer 3D TLC NAND Flash Memory with CMOS directly Bonded to Array (CBA) wafer bonding technology , enabling a 20% improvement in write performance, over 10% reduction in read latency, and up to 30% better power consumption. These enhancements make the SSSTC CA8 Series a critical enabler for data-intensive edge computing and high-performance industrial workloads. Designed for long-term reliability and broad system compatibility, the SSSTC CA8 Series features: • MTBF exceeding 3 million hours • Wide operating temperature range (0 °C to 85 °C) • Supply longevity of 5 to 10 years Its robust durability and consistent performance make it ideal for demanding applications such as AIoT, factory automation, networking, in-vehicle systems, and edge servers—especially those involving Edge AI workloads. To ensure data integrity and system resilience, the CA8 Series includes: • High-performance ECC • Power Loss Notification (PLN) to prevent data corruption during unexpected shutdowns • AES-256 encryption and TCG Opal support for advanced data protection As a subsidiary of KIOXIA, SSSTC is committed to delivering highly stable, high-performance SSD solutions to global enterprise and industrial customers. The SSSTC CA8 Series is scheduled to enter mass production in Q4 2025. For more information, please visit the SSSTC website Hashtag: #SSSTC The issuer is solely responsible for the content of this announcement. About Solid State Storage Technology Corporation (SSSTC) SSSTC, a subsidiary of KIOXIA—one of the world's leading memory solution providers—is dedicated to the development, manufacturing, and sales of solid-state drives (SSDs). By combining its in-house R&D capabilities with KIOXIA's cutting-edge NAND flash technology, SSSTC consistently delivers high-quality, high-reliability industrial-grade and enterprise-grade SSD solutions to customers worldwide. Trademark Notice: -NVMe is a registered or unregistered trademarks of NVM Express, Inc. in the United States and other countries. -PCIe is a registered trademark of PCI-SIG. -Other company names, product names and service names may be trademarks of third-party companies.
Associated Press
42 minutes ago
- Associated Press
Poriferous, LLC Achieves Coveted EU MDR Regulatory Certification for Porous Polyethylene Implants
Newnan, GA August 18, 2025 --( )-- Poriferous LLC., industry innovator in high density porous polyethylene craniomaxillofaical implants, announces it has successfully received its EU Medical Device Regulation (MDR) certification. This regulatory authorization has been achieved by only 15% of medical device companies, putting Poriferous and their SU-POR® line of products in esteemed company. The certification testifies to Poriferous' rigorous standards for safety and quality, ensuring their devices have no negative impacts on human health. The EU MDR replaces the former Medical Device Directive (MDD) and establishes a more intensive and transparent regulatory framework with greater long-term viability. It emphasizes post-market surveillance, implements Unique Device Identifications (UDIs) to track devices in the supply chain, and specifically includes devices that may not have a strictly medical function, such as implants used in cosmetic surgeries. Because of these additions to the regulatory standards, Poriferous' SU-POR Implants are now included in this new, enhanced system for regulatory quality. The MDR certification covers the entire Poriferous catalogue of SU-POR Implants, reaffirming Poriferous' mission of providing quality healthcare and innovation to surgeons and patients around the world. Contact Information: Poriferous, LLC Krista Bradstreet 470-699-8608 Contact via Email Read the full story here: Poriferous, LLC Achieves Coveted EU MDR Regulatory Certification for Porous Polyethylene Implants Press Release Distributed by
Business Wire
2 hours ago
- Business Wire
OPEX® Corporation to Exhibit Advanced Warehouse Automation Solutions at IMHX
MOORESTOWN, N.J.--(BUSINESS WIRE)-- OPEX® Corporation, a global leader in Next Generation Automation providing innovative solutions for warehouse, document and mail automation, will showcase its advanced warehouse automation technology at the International Materials Handling Exhibition (IMHX), scheduled for September 9 to 11, 2025, at the NEC Birmingham in the UK. IMHX is the UK's largest and longest-running event for the intralogistics, warehousing and supply chain management industries, drawing more than 10,000 attendees from across the UK and beyond. 'The team at OPEX is excited to attend IMHX 2025 and to showcase our latest advancements in warehouse automation,' said Alex Stevens, President, Warehouse Automation, OPEX. 'As the original innovators in the mixed item sortation space, we've spent years redefining what's possible—and we continue to push the boundaries today. Our most recent innovation provides a turnkey solution for sorting, retrieval, and delivery of goods and we're proud to present it for the first time in Europe.' Making its debut at Booth A100 is OPEX Sure Sort® X with OPEX Xtract™ ― the next generation in high-speed automated sortation and order retrieval. Introduced in 2024, Sure Sort X with Xtract is the only fully adaptable, turnkey offering in the marketplace that automates multiple manual tasks ― sorting, retrieving and packaging orders ― with a one-touch solution, increasing efficiency and directly addressing labor challenges. The most versatile and robust industrial sorting solution available, Sure Sort X is unmatched in its compact footprint, performance rates, cost-effectiveness and adaptability to meet specific needs. When Sure Sort X is paired with Xtract ― OPEX's revolutionary new automated order retrieval system ― the task of retrieving totes and transferring their contents into shipping containers is fully automated as well, eliminating the need to manually sort and transfer boxes downstream. OPEX Sure Sort X with Xtract has been shortlisted in two categories for The Archies Awards, celebrating excellence in the material handling and intralogistics sectors. The newest OPEX system was nominated in the categories of Excellence in Automation and Technology Innovator. Award winners will be announced at IMHX on September 10, 2025. Earlier this year, Sure Sort with Xtract was recognized with the prestigious Red Dot Award: Product Design 2025. The annual Red Dot Award design competition is regarded as one of the best-known and largest in the world. This is the second consecutive year OPEX has received the Red Dot Award, having been recognized in 2024 for its Infinity® AS/RS, an advanced system engineered for unlimited flexibility and scalability. At its IMHX booth, OPEX will also feature a wireless iBOT® robotic vehicle from the Infinity® AS/RS. Infinity iBOTs have the capacity to access all inventory and port stations, moving freely underneath and throughout the system without any wasted mechanical motion, saving both time and cost. In addition, the OPEX booth will include a static display of the Perfect Pick ® AS/RS, a robotic goods-to-person picking solution engineered to dramatically improve speed, efficiency and reliability. The industry experts from OPEX will be onsite to discuss the company's entire portfolio of automated warehouse solutions, all designed to improve workflow, reduce costs and drive efficiencies in infrastructure. OPEX is celebrating its 50 th anniversary this year, serving as a trusted partner for five decades now. The company continues to provide multi-generational industry expertise, a proven track record developing first-class automation capabilities and advanced engineering, and a heritage of excellence. About OPEX OPEX® Corporation is a global leader in Next Generation Automation, providing innovative, unique solutions for warehouse, document and mail automation. With headquarters in Moorestown, NJ—and facilities in Pennsauken, NJ; Plano, TX; France; Germany; Switzerland; the United Kingdom; and Australia—OPEX has nearly 1,600 employees who are continuously reimagining and delivering customized, scalable technology solutions that solve the business challenges of today and in the future. The year 2025 marks the company's 50 th anniversary under the multigenerational ownership and leadership of the Stevens family.
