Garmin jumps as investors build positions ahead of April 29 Q1 results
Garmin shares are higher as investors position ahead of its first-quarter 2026 results, due before the open on April 29, 2026, with a 10:30 a.m. ET conference call scheduled the same day. Sentiment has also been supported by Garmin’s February 18, 2026 FY2026 outlook calling for about $7.9B revenue and pro forma EPS of about $9.35.
1) What’s moving the stock
Garmin (GRMN) is rallying today as attention shifts to the company’s next catalyst: first-quarter 2026 results scheduled for release before the market opens on Wednesday, April 29, 2026, followed by a 10:30 a.m. ET earnings call. With the stock near recent highs, the setup looks like classic pre-earnings positioning as traders adjust exposure into a defined near-term event.
2) The setup investors are trading
The current bid has been underpinned by Garmin’s latest forward view for fiscal 2026. In February, Garmin issued FY2026 guidance projecting roughly $7.9 billion of revenue and pro forma EPS around $9.35, framing expectations for another year of growth after strong recent results. With the April earnings date now on the calendar, today’s move suggests the market is leaning toward a solid Q1 print that supports that full-year trajectory.
3) What to watch next
The key risk for the next leg higher is whether the April 29 release shows sustained demand and profitability consistent with the FY2026 framework. Investors will be listening for any commentary that changes assumptions around product cycle timing, margins, and demand trends across Garmin’s end markets, plus any signal that management’s confidence has strengthened—or weakened—since issuing FY2026 targets.