Garmin Stock 6-Day Losing Spree: Stock Falls -18%

GRMN: Garmin logo
GRMN
Garmin

Garmin (GRMN) stock hit day 6 of a continuous streak of days with losses, with cumulative losses over this period amounting to a -18% return. The company has lost about $8.8 Bil in value over the last 6 days, with its current market capitalization at about $40 Bil. The stock remains 0.8% above its value at the end of 2024. This compares with year-to-date returns of 15.1% for the S&P 500.

GRMN provides wireless devices including running and multi-sport watches, cycling products, activity trackers, adventure watches, outdoor handhelds, golf devices, mobile apps, and dog tracking tools. Is this drop a warning sign or a setup for rebound? Deep dive with Buy or Sell GRMN.

A single stock can be risky, but there is a huge value to a broader, diversified approach. Quiz time: Over the last 5 years, which index do you think the Trefis High Quality Portfolio outperformed — the S&P 500, the S&P 1500 Equal Weighted, or both? The answer might surprise you. See how our advisory framework helps stack the odds in your favor.

Comparing GRMN Stock Returns With The S&P 500

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The following table summarizes the return for GRMN stock vs. the S&P 500 index over different periods, including the current streak:
 

Return Period GRMN S&P 500
1D -2.4% -1.2%
6D (Current Streak) -18.3% -1.5%
1M (21D) -20.3% 0.5%
3M (63D) -10.4% 6.7%
YTD 2025 0.8% 15.1%
2024 63.3% 23.3%
2023 43.1% 24.2%
2022 -30.2% -19.4%

 
What is the point? Sustained weakness can be more than noise. It often signals shifting sentiment or deeper concerns. A multi-day losing streak may warn of further downside, or present an opportunity to buy if fundamentals are intact. Take a look at what history tells you about whether past dips like this have been buying opportunities or traps: GRMN Dip Buyer Analysis.

Gains and Losses Streaks: S&P 500 Constituents

There are currently 29 S&P constituents with 3 days or more of consecutive gains and 60 constituents with 3 days or more of consecutive losses.
 

Consecutive Days # of Gainers # of Losers
3D 13 21
4D 16 13
5D 0 7
6D 0 8
7D or more 0 11
Total >=3 D 29 60

 
 
Key Financials for Garmin (GRMN)

Last 2 Fiscal Years:

Metric FY2023 FY2024
Revenues $5.2 Bil $6.3 Bil
Operating Income $1.1 Bil $1.6 Bil
Net Income $1.3 Bil $1.4 Bil

Last 2 Fiscal Quarters:

Metric 2025 FQ2 2025 FQ3
Revenues $1.8 Bil $1.8 Bil
Operating Income $472.3 Mil $456.8 Mil
Net Income $400.8 Mil $401.6 Mil

 
The losing streak GRMN stock is currently on doesn’t inspire much confidence among investors. In contrast, Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.