Garmin Ltd is expected to report Q1 2026 results with a consensus revenue estimate of $1.72 billion and pro forma EPS of $1.84, while the stock currently trades near $242.42, roughly 7% below the average analyst target of $261.17.
Investors are primarily focused on the Fitness segment's revenue growth, which serves as the company's main growth engine following significant next-generation wearable launches.
The market is looking for sustained demand in the wearables category and updates on new aviation certifications in the European market.
Analysts are also closely tracking inventory management and the impact of rising tariff costs on the company's expanding gross margins.