Garmin Stock Rockets 8% With 9-Day Winning Streak
Garmin (GRMN) stock hit day 9 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 8% return. The company has gained about $3.5 Bil in value over the last 9 days, with its current market capitalization at about $47 Bil. The stock remains 0.9% below its value at the end of 2024. This compares with year-to-date returns of 16.6% for the S&P 500.
Garmin’s recent streak was fueled by the launch of its advanced inReach Mini 3 Plus, enhanced Q4 software boosting health metrics across devices, and a timely analyst upgrade. Buzz around a new recovery-focused wearable also added to the positive sentiment.
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades. Our take: There is not much to fear in GRMN stock given its overall Strong operating performance and financial condition. This is aligned with the stock’s High valuation because of which we think it is Fairly Priced (see Buy or Sell GRMN).
For quick background, 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.
Comparing GRMN Stock Returns With The S&P 500
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 | 1.3% | 0.1% |
| 9D (Current Streak) | 8.0% | 4.9% |
| 1M (21D) | -1.6% | 1.3% |
| 3M (63D) | -14.9% | 5.8% |
| YTD 2025 | -0.9% | 16.6% |
| 2024 | 63.3% | 23.3% |
| 2023 | 43.1% | 24.2% |
| 2022 | -30.2% | -19.4% |
However, big gains can follow sharp reversals – but how has GRMN behaved after prior drops? See GRMN Dip Buyer Analysis to learn more.
Gains and Losses Streaks: S&P 500 Constituents
There are currently 87 S&P constituents with 3 days or more of consecutive gains and 71 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 63 | 17 |
| 4D | 2 | 37 |
| 5D | 5 | 11 |
| 6D | 4 | 6 |
| 7D or more | 13 | 0 |
| Total >=3 D | 87 | 71 |
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 |
While GRMN stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The 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.