GRMN Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Garmin's innovation and strong sales growth amid stable volatility suggest continued upward momentum. Forward-looking product releases are poised to drive demand.




Bearish Case: Increased competition and persistent security concerns could undermine Garmin's market share and consumer confidence, leading to potential price pressure.




Potential Outcomes: 65% sales growth from innovation, 30% market share loss due to competition, 5% stable growth amid broader market neutrality.




Trading Oracle: Initiate bullish debit spreads targeting around $210 with expiration in April. Leverage current backwardation and stable volatility for a strong risk-to-reward ratio. Focus on long-term growth with strategic positioning for post-Q1 boosts.



January 17, 2025


Garmin Forecast

GRMN        Garmin











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