Grmn stock price earnings revisions over the past 30

Earnings revisions over the past 30 days have been mostly positive, aligning with the recent uptrend in GRMN stock price. Analysts have pointed to robust demand in the wearables and aviation segments as key revenue drivers. Looking ahead, analysts are expecting more upside for GRMN. While Garmin’s financials are undeniably strong, its stock has historically struggled during major market downturns. During the 2022 inflation shock, GRMN shares plunged 56%, more than double the S&P 500’s 25.4% decline. The COVID-19 crash in 2020 saw the stock fall 38.6%, again outpacing the broader market’s 33.9% drop. And in the 2008 financial crisis, Garmin endured a staggering 87.7% drawdown, far worse than the S&P’s 56.8% retreat. These episodes highlight the stock’s vulnerability to sentiment-driven sell-offs—even when its underlying business remains solid. This may signal that some market participants are positioning for a near-term breakout.