GRMN Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Garmin's strong product innovation and market adaptability, combined with downward trending implied volatility, indicate a favorable environment for sustained growth and positive investor sentiment.




Bearish Case: Heightened competition, coupled with existing market volatility and unresolved technical challenges, could constrain Garmin’s market share and lead to negative price action.




Potential Outcomes:

1) 60% chance of positive growth from new product success;

2) 30% risk from competitive pressures;

3) 10% probability of stability amid external market shocks.



April 23, 2025


Garmin Forecast

GRMN        Garmin











Correlated Assets

Assets that tend to move strongly with GRMN



JPM Forecast + Options Trading Strategies   JPM  JPMorgan Chase (0.89)


BK Forecast + Options Trading Strategies   BK  Bank Of New York Mellon (0.88)


WH Forecast + Options Trading Strategies   WH  Wyndham Hotels & Resorts (0.87)


RELY Forecast + Options Trading Strategies   RELY  Remitly (0.87)


BFLY Forecast + Options Trading Strategies   BFLY  Butterfly Network (0.87)



Uncorrelated Assets

Assets with little price relationship to GRMN



DDD Forecast + Options Trading Strategies   DDD  3D Systems (0.01)


LYFT Forecast + Options Trading Strategies   LYFT  Lyft (-0.01)


STLD Forecast + Options Trading Strategies   STLD  Steel Dynamics (0.02)


EXAS Forecast + Options Trading Strategies   EXAS  Exact Sciences (-0.02)


ESTC Forecast + Options Trading Strategies   ESTC  Elastic (0.02)



Anticorrelated Assets

Assets that tend to move strongly against GRMN



ASH Forecast + Options Trading Strategies   ASH  Ashland (-0.78)


AGEN Forecast + Options Trading Strategies   AGEN  Agenus (-0.78)


DVN Forecast + Options Trading Strategies   DVN  Devon Energy (-0.8)


GES Forecast + Options Trading Strategies   GES  Guess (-0.82)


XRX Forecast + Options Trading Strategies   XRX  Xerox (-0.82)









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