Here's Why Garmin Stock Soared in February

2026-03-07 09:56:29 ET

GPS-enabled device maker Garmin (NYSE: GRMN) let investors know that business is booming. Its fourth-quarter financial update and 2026 guidance helped the stock soar 25.4% in February, according to data provided by S&P Global Market Intelligence .

Even after a standout 2025 that will lead to tough comparisons this year, management is still predicting 9% growth. Investors can look at a history of conservative forecasts and conclude that double-digit growth is likely again this year, making Garmin stock a solid buy.

Image source: The Motley Fool.

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