What's Next For Garmin Stock?
1. Garmin's Q2 earnings beat expectations but stock fell 5% due to profit-taking. 2. FY2025 revenue guidance raised to $7.1 billion; EPS projected at $8.00. 3. Stock entered overbought territory after a 30% rise since April. 4. Garmin's P/E and P/S ratios exceed broader market averages, indicating stretched valuations. 5. Historical stock downturns show vulnerability during market declines, despite strong fundamentals.